Enovix Corporation (ENVX) Revenue History
Annual and quarterly revenue from 2019 to 2025
Compound Annual Growth Rate (CAGR)
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ENVX Revenue Growth
Revenue Breakdown (FY 2025)
ENVX's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
ENVX Revenue Analysis (2019–2025)
As of May 6, 2026, Enovix Corporation (ENVX) generated trailing twelve-month (TTM) revenue of $31.8 million, reflecting strong growth of +15.9% year-over-year. The most recent quarter (Q4 2025) recorded $11.3 million in revenue, up 41.0% sequentially.
Looking at the longer-term picture, ENVX's historical revenue data shows a 3-year CAGR of +72.5%. The company achieved its highest annual revenue of $31.8 million in 2025, representing a new all-time high.
Revenue diversification analysis shows ENVX's business is primarily driven by Product (100%). With over half of revenue concentrated in Product, the company maintains significant focus in this area while developing other growth vectors.
When compared to Industrials sector peers including SLDP (-11.7% YoY), SES (+179.8% YoY), and FLUX (-0.0% YoY), ENVX has underperformed the peer group in terms of revenue growth. Compare ENVX vs SLDP →
ENVX Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| ENVXCurrent | $32M | +15.9% | - | -557.0% | |
 SLDP | $22M | -11.7% | +59.6% | -463.7% | |
 SES | $21M | +179.8% | - | -393.4% | |
 FLUX | $66M | -0.0% | +31.6% | -7.6% | |
 CBAT | $177M | -22.0% | +51.4% | 5.0% | |
 MVST | $428M | +12.6% | +31.8% | 1.6% |
ENVX Historical Revenue Data (2019–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $31.8M | +37.9% | $6.1M | 19.2% | $-177,254,000 | -557.0% |
| 2024 | $23.1M | +201.9% | $-2,045,000 | -8.9% | $-242,669,000 | -1051.7% |
| 2023 | $7.6M | +23.3% | $-55,417,000 | -725.0% | $-230,255,000 | -3012.2% |
| 2022 | $6.2M | - | $-17,037,000 | -274.7% | $-131,979,000 | -2128.0% |
| 2021 | $0 | - | $-1,967,000 | - | $-69,522,000 | - |
| 2020 | $0 | - | $-3,375,000 | - | $-23,530,000 | - |
| 2019 | $0 | - | $-161,000 | - | $-16,511,000 | - |
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Start ComparisonENVX — Frequently Asked Questions
Quick answers to the most common questions about buying ENVX stock.
Is ENVX's revenue growth accelerating or slowing?
ENVX revenue is accelerating at +15.9% year-over-year, exceeding the 5-year CAGR of N/A. TTM revenue reached $32M. Growth momentum has increased versus prior periods.
What is ENVX's long-term revenue growth rate?
Enovix Corporation's 5-year revenue CAGR of N/A reflects the sustained expansion pattern. Current YoY growth of +15.9% is above this long-term average.
How is ENVX's revenue distributed by segment?
ENVX reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2019-2025 are available for download. Segment mix reveals concentration and diversification trends.