Enovix Corp (ENVX) FinancialsENVXEnovix Corp

Evaluating the bottom line, Enovix Corporation maintains a gross margin of 14.43%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at -479.79%, while the net margin is -477.36%. These profitability ratios, combined with a Return on Equity (ROE) of -82.20%, provide a clear picture of how effectively ENVX converts its operational activities into shareholder value.

In the context of the broader market, ENVX competes directly with industry leaders such as SLDP and ARRY. With a market capitalization of $588.12M, it holds a leading position in the sector. When comparing efficiency, ENVX's gross margin of 14.43% stands against SLDP's -102.03% and ARRY's 26.75%. Such benchmarking helps identify whether Enovix Corporation is trading at a premium or discount relative to its financial performance.

Enovix has shown declining revenue trends, with total revenue for Q2 2026 at $9,024,000, while net income remains negative at -$43,063,000. The gross margin has fluctuated, with a recent value of 14.43%, indicating challenges in profitability.