Filing Flows › Enovix (ENVX) › Q2 2025
Enovix (ENVX) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 31, 2025
Enovix (ENVX) reported revenue of $7.5M for the second quarter 2025 (Q2 2025), +98% from a year earlier and +46% from the quarter before. Operating margin was -585.6%, net loss $44.3M (592.7% of revenue).
Enovix, Q2 2025: revenue $7.5M (+98% year over year), operating margin -585.6%, net loss $44.3M, operating cash flow −$25.9M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.5M | +46% | +98% |
| Operating profit | −$43.7M | — | — |
| Net earnings | −$44.3M | — | — |
| Operating cash flow | −$25.9M | — | — |
What changed
Revenue was $7.5M in Q2 2025, up 98% year over year and up 46% from the previous quarter.
Gross margin was 26.0%. Operating costs exceeded revenue by $43.7M, an operating margin of -585.6%. The quarter ended with a net loss of $44.3M, wider than the previous quarter's $23.5M loss.
Operating cash flow was −$25.9M. Non-cash charges added back $8.8M of depreciation and amortization and $14.1M of share-based compensation. Working capital and other items used $4.5M. Capital expenditures of $8.0M exceeded it, leaving free cash flow of −$33.8M.
Questions
What was Enovix's revenue in the second quarter 2025?
Enovix (ENVX) reported revenue of $7.5M for the second quarter 2025 (Q2 2025), +98% from a year earlier and +46% from the quarter before.
Was Enovix profitable in the second quarter 2025?
Operating loss was $43.7M (-585.6% of revenue) and net loss $44.3M.
Source: Enovix 10-Q on SEC EDGAR.