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Enovix Corp income statement

In fiscal 2025, Enovix Corp reported revenue of $31.8m, up 37.9% on the year before, operating income of −$177m (a -557.0% margin) and net income of −$157m, or −$0.75 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2020Dec 20202021Jan 20222022Jan 20232023Dec 20232024Dec 20242025Dec 2025LTMJul 2026
Revenue0068233236
Cost of revenue322363252629
Gross profit−3−2−17−55−267
Research and development14385888125110107
Selling, general and administrative6305279747378
Operating income−24−70−132−230−243−177−178
Interest expense—00472232
Net interest income−0−05————
Income before tax−40−126−52−215−224−158−171
Income tax000−1−1−1−1
Net income−40−126−52−214−222−157−170
Diluted EPS−$0.49−$1.07−$0.82−$1.30−$1.19−$0.75−$0.79
Diluted shares (average)80m117m154m170m186m208m215m
EBITDA−23−68−124−196−198−142−143

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Enovix Corp's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Enovix Corp.