Enovix Corp(ENVX)Stock Analysis
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Rank #2,555 of 2,879 stocks
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
ENVX Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Enovix Corp (ENVX), a Technology sector company. 13F Pro's AI-powered ranking engine scores ENVX at 25.2/100 on a 32-signal composite quality model, placing it at rank #2,555 of 2,879 stocks — the bottom half of the AI-ranked universe. ENVX scores in the top quartile across revenue growth (96.2). Areas of concern include profitability (3.3) and free cash flow (3.4), which score below median versus the broader universe. Shareholder dilution risk is elevated at 2.2/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), Enovix Corp reports quarterly revenue of $7.6M, net income of $-38.3M, free cash flow of $-36.3M. Top institutional holders of ENVX by reported 13-F value include BlackRock,, VANGUARD CAPITAL MANAGEMENT, VANGUARD PORTFOLIO MANAGEMENT, based on the most recent SEC filings. ENVX trades on the Nasdaq exchange and files with the SEC under CIK 1828318. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate ENVX daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Enovix Corp directly from SEC EDGAR. Enovix Corp's 13F Pro composite quality score has ranged between 7 and 60 since 2023, currently 25.2 — an improving long-term trajectory across 48 quarterly and live scoring snapshots.
Revenue
Q1 2026
$7.6M
Net Income
Q1 2026
$-38.3M
Free Cash Flow
Q1 2026
$-36.3M
D/E Ratio
Q1 2026
2.24
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+37.9% YoYNet Income
+29.5% YoYOperating Income
+27.0% YoYEPS (Diluted)
+28.0% YoYTotal Assets
+66.7% YoYTotal Debt
+185.5% YoYOp. Cash Flow
+12.3% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue | $31.8M +37.9% | $23.1M +201.9% | $7.6M +23.3% | $6.2M | $0.00 | — |
| Net Income | $-156.7M +29.5% | $-222.2M -3.8% | $-214.1M -314.7% | $-51.6M -30.2% | $-39.6M | — |
| Operating Income | $-177.3M +27.0% | $-242.7M -5.4% | $-230.3M -74.5% | $-132.0M -460.9% | $-23.5M | — |
| EPS (Diluted) | $-0.75 +28.0% | $-1.04 +8.5% | $-1.14 -58.5% | $-0.72 -46.4% | $-0.49 | — |
| Total Assets | $879.0M +66.7% | $527.2M -6.6% | $564.3M +28.1% | $440.6M +578.2% | $65.0M | — |
| Total Debt | $539.3M +185.5% | $188.9M +3.5% | $182.5M | $0.00 | — | — |
| Operating Cash Flow | $-95.3M +12.3% | $-108.6M -3.8% | $-104.6M -26.5% | $-82.7M -312.7% | $-20.1M | — |
AI Insight: ENVX Financial Trends
Revenue stalled near $8–11M while operating losses remain entrenched; Q3 2025 debt spike to $539M signals major financing event with no corresponding revenue uplift.
• Revenue flatlined Q4 2025–Q2 2026 ($11M → $8M), reversing modest Q2–Q4 2025 gains ($7M → $11M).
• Operating margin static around −440 to −550 bps since Q2 2024; no improvement trajectory visible despite scale attempts.
• Total debt jumped to $539M in Q3 2025 from $192M, nearly tripling capital structure while equity compressed 17% by Q2 2026.
⚠ Operating cash burn remained persistent (−$16M to −$33M per quarter) with no sign of inflection despite Q3 2025 financing.
⚠ Debt-to-equity ratio deteriorated sharply: 1.13× (Q2 2024) → 2.24× (Q2 2026). Leverage now materially elevated.
AI Insight: ENVX Ratio Trends
Enovix remains deeply unprofitable with deteriorating leverage; ROE swung from -51.6% in Q4 2025 to -63.6% in Q2 2026 while D/E spiked to 2.24.
• ROA improved to -15.9% in Q4 2025 from -38.0% in Q2 2025, but deteriorated back to -18.4% by Q2 2026.
• Debt-to-equity ratio climbed 2.9× from 0.77 in Q4 2024 to 2.24 in Q2 2026, signaling substantial leverage buildup.
⚠ ROIC remains deeply negative, ranging -22.5% to -98.0%; no path to positive returns visible in dataset.
⚠ ROE deteriorated sharply to -63.6% in Q2 2026 from -51.6% in Q4 2025 amid rising debt burden.
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Available Research
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Top Institutional Holders of ENVX
BlackRock, Inc.
$79.4M15,330,789 shVANGUARD CAPITAL MANAGEMENT LLC
$43.4M8,379,238 shVANGUARD PORTFOLIO MANAGEMENT LLC
$41.7M8,051,198 shUBS Group AG
$29.9M5,770,071 shGEODE CAPITAL MANAGEMENT, LLC
$25.2M4,872,090 shUBS Group AG
$25.0M4,817,664 shElectron Capital Partners, LLC
$24.0M4,628,317 shSTATE STREET CORP
$22.4M4,316,789 shCenterBook Partners LP
$15.2M2,940,967 shROYAL BANK OF CANADA
$12.9M2,492,254 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $79.4M | 15,330,789 |
| VANGUARD CAPITAL MANAGEMENT LLC | $43.4M | 8,379,238 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $41.7M | 8,051,198 |
| UBS Group AG | $29.9M | 5,770,071 |
| GEODE CAPITAL MANAGEMENT, LLC | $25.2M | 4,872,090 |
| UBS Group AG | $25.0M | 4,817,664 |
| Electron Capital Partners, LLC | $24.0M | 4,628,317 |
| STATE STREET CORP | $22.4M | 4,316,789 |
| CenterBook Partners LP | $15.2M | 2,940,967 |
| ROYAL BANK OF CANADA | $12.9M | 2,492,254 |
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Popular Research
Is ENVX a good stock to buy?
13F Pro's AI-powered analysis of Enovix Corp (ENVX) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Technology sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for ENVX are available on the ENVX stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own ENVX?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling ENVX. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Enovix Corp's investment landscape.