ENVX on Nasdaq

Enovix Corporation

Logo: enovix.com3

Battery technology company.1

Price unavailable

Last updated Oct 18, 2026.

Overview

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  • TickerENVX on Nasdaq1
  • IndustryMiscellaneous Electrical Machinery, Equipment & Supplies1
  • HeadquartersWilmington, United States1
  • Websitewww.enovix.com
  • Business address3501 W. Warren Avenue, Fremont, Ca 945384
  • Filer categoryLarge accelerated filer4

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

19.2%Gross margin5
-557.0%Operating margin5
-492.6%Net margin5
37.9%Revenue growth, 20255
-57.8%Return on equity5
1.91×Debt to equity5
-$113.5MFree cash flow5

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Regions

Asia Pacific brought in 68% of the revenue Enovix Corporation broke down this way in fiscal 2025.

  1. Asia Pacific$21.6M568%up 68% from 2024
  2. Switzerland$4.3M514%down 9% from 2024
  3. United States$2.1M57%up 138% from 2024
  4. NO$1.5M55%down 35% from 2024
  5. Other$1.2M54%down 6% from 2024
  6. Taiwan$1.0M53%up 15% from 2024
Regions by year
Regions202320242025
Asia Pacific$5.9M$12.9M$21.6M
Switzerland$0$4.8M$4.3M
United States$473.0K$889.0K$2.1M
NO$0$2.4M$1.5M
Other$1.1M$1.3M$1.2M
Taiwan$193.0K$889.0K$1.0M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue12¢$25.7M
  • Research and development52¢$110.3M
  • Selling, general and admin35¢$73.0M
  • Income tax1¢$1.3M

Out of $31.8M in revenue.5 The company lost money this year.

Financial statements

Revenue675$31.8M in 2025
0$10.0M$20.0M$30.0M$40.0M2020: $0$020202022: $0$020222023: $7.6M$7.6M20232024: $23.1M$23.1M2024+202%2025: $31.8M$31.8M2025+38%
Gross profit675$6.1M in 2025
-$60.0M-$40.0M-$20.0M0$20.0M2020: -$3.4M-$3.4M20202022: -$2.0M-$2.0M2022−42%2023: -$55.4M-$55.4M2023+2717%2024: -$2.0M-$2.0M2024−96%2025: $6.1M$6.1M2025
Operating income675-$177.3M in 2025+653% since 2020
-$300.0M-$200.0M-$100.0M02020: -$23.5M-$23.5M20202022: -$69.5M-$69.5M2022+195%2023: -$230.3M-$230.3M2023+231%2024: -$242.7M-$242.7M2024+5%2025: -$177.3M-$177.3M2025−27%
Net income675-$156.7M in 2025+295% since 2020
-$300.0M-$200.0M-$100.0M02020: -$39.6M-$39.6M20202022: -$125.9M-$125.9M2022+217%2023: -$214.1M-$214.1M2023+70%2024: -$222.2M-$222.2M2024+4%2025: -$156.7M-$156.7M2025−29%
Fiscal year2019202020212022202320242025
Revenue$06$07$7.6M5$23.1M5$31.8M5
Cost of revenue$3.4M6$2.0M7$63.1M5$25.1M5$25.7M5
Gross profit-$3.4M6-$2.0M7-$55.4M5-$2.0M5$6.1M5
Research and development$14.4M6$37.9M7$88.4M5$124.5M5$110.3M5
Selling, general and admin$5.7M6$29.7M7$79.0M5$74.3M5$73.0M5
Operating income-$23.5M6-$69.5M7-$230.3M5-$242.7M5-$177.3M5
Interest$187.0K7$4.5M7
Income tax$06$07-$633.0K5-$1.4M5-$1.3M5
Net income-$39.6M6-$125.9M7-$214.1M5-$222.2M5-$156.7M5
Earnings per share-$0.496-$1.077-$1.275-$1.195-$0.755
Earnings per share (diluted)-$0.496-$1.077-$1.305-$1.195-$0.755

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Leadership

Who has led Enovix Corporation, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Harrold J. Rust2021–2023
  2. Rajendra K. Talluri2023–2026
  3. Ryan A. Benton2026–now

President

  1. Harrold J. Rust2021–2023
  2. Rajendra K. Talluri2023–now

Chief financial officer

  1. Emmanuel T. Hernandez2020
  2. Steffen Pietzke2021–2023
  3. Farhan Ahmad2023–2024
  4. Ryan A. Benton2025–now

Chief operating officer

  1. Ajay Marathe2022–2026
  2. Michael Vyvoda2026–now
2025
Board members and other officers (21)

Products and brands

  • battery

Listed on Wikidata.1

Former names

  • Rodgers Silicon Valley Acquisition CorpOct 14, 2020 to Jul 14, 20214

Timeline

  1. Sep 1, 2026New chief executive Ryan A. Benton becomes CEO12
  2. Jan 20, 2023New chief executive Rajendra K. Talluri becomes CEO13
  3. Jul 16, 2021New chief executive Harrold J. Rust becomes CEO14
  4. 2021Went public Listed on NASDAQ1
  5. Sep 23, 2020Founded Enovix Corporation is founded39

Filings

710 filings to the SEC since October 2021: 6 annual reports, 15 quarterly reports, 69 major events, 525 insider forms, 14 large holders, 81 other. The latest 20:

  1. Oct 13, 20264 EDGAR
  2. Oct 13, 20264 EDGAR
  3. Oct 13, 20268-K EDGAR
  4. Oct 7, 20264 EDGAR
  5. Oct 5, 20264 EDGAR
  6. Oct 5, 20264 EDGAR
  7. Oct 5, 20264 EDGAR
  8. Sep 28, 20264 EDGAR
  9. Sep 14, 20264 EDGAR
  10. Sep 10, 20264 EDGAR
  11. Sep 1, 20264 EDGAR
  12. Sep 1, 20264 EDGAR
  13. Sep 1, 20264 EDGAR
  14. Aug 26, 20264 EDGAR
  15. Aug 17, 20264 EDGAR
  16. Aug 17, 20268-K CURRENT REPORT EDGAR
  17. Aug 12, 202610-Q EDGAR
  18. Aug 12, 20268-K EDGAR
  19. Aug 11, 20264 EDGAR
  20. Aug 11, 20264 EDGAR

The 710 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last three years, summarized. The full record is on SEC EDGAR.

Insider trades and holders

Large holders

Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 14 such filings since October 2021, the latest 10:

  1. Jul 28, 2026SCHEDULE 13G/A
  2. Mar 26, 2026SCHEDULE 13G/A
  3. Jul 22, 2025SCHEDULE 13D/A
  4. Feb 14, 2024SC 13G/A
  5. Feb 13, 2024SC 13G/A
  6. Jan 29, 2024SC 13G
  7. Feb 14, 2023SC 13D/A
  8. Feb 14, 2023SC 13G/A
  9. Feb 9, 2023SC 13G
  10. Jan 25, 2023SC 13G/A

From Forms 4 and Schedules 13D and 13G filed with the SEC.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.16,483,412$100.1M0.0%+1,152,623
Vanguard Capital Management LLC8,494,145$51.6M0.0%+114,907
Vanguard Portfolio Management LLC8,374,109$50.8M0.0%+322,911
UBS Group AG5,305,746$32.2M0.0%−464,325
Geode Capital Management, LLC5,184,598$31.5M0.0%+312,508
Electron Capital Partners, LLC4,788,098$29.1M1.2%+159,781
State Street Corp4,720,841$28.7M0.0%+404,052
Morgan Stanley3,470,634$21.1M0.0%+1,658,688
Royal Bank Of Canada2,504,811$15.2M0.0%+12,557
Fred Alger Management, LLC2,097,840$12.7M0.0%+125,245
Susquehanna International Group, Llp2,097,625$12.7M0.0%+284,045
CenterBook Partners LP2,041,919$12.4M0.6%−899,048
Masters Capital Management LLC2,000,000$12.1M1.7%No change
Northern Trust Corp1,698,246$10.3M0.0%+136,076
Goldman Sachs Group Inc1,670,802$10.1M0.0%+308,845
Tudor Investment Corp Et Al1,667,130$10.1M0.0%+443,243
Charles Schwab Investment Management Inc1,649,175$10.0M0.0%+286,168
Citadel Advisors LLC1,591,905$9.7M0.0%+806,576
Connor, Clark & Lunn Investment Management Ltd.1,431,475$8.7M0.0%+139,702
Bank Of America Corp /de/1,376,635$8.4M0.0%+641,683
Vanguard Fiduciary Trust Co1,367,678$8.3M0.0%+24,110
Marshall Wace, Llp1,319,796$8.0M0.0%+1,223,908
Invesco Ltd.1,218,392$7.4M0.0%−281,820
Toronto Dominion Bank1,198,919$7.3M0.0%+14,101
Barclays PLC1,073,806$6.5M0.0%+153,170

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

1 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Jan 31, 2023Daniel S. GoldmanDemocratic, HouseSale$1,001 - $15,000+158.5%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

Sources

The numbers on this page point here. Each one links to the record it came from.

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