Filing Flows › Enovix (ENVX) › Q2 2026
Enovix (ENVX) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 12, 2026
Enovix (ENVX) reported revenue of $9.0M for the second quarter 2026 (Q2 2026), +21% from a year earlier and +19% from the quarter before. Operating margin was -479.8%, net loss $43.1M (477.4% of revenue).
Enovix, Q2 2026: revenue $9.0M (+21% year over year), operating margin -479.8%, net loss $43.1M, operating cash flow −$21.8M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $9.0M | +19% | +21% |
| Operating profit | −$43.3M | — | — |
| Net earnings | −$43.1M | — | — |
| Operating cash flow | −$21.8M | — | — |
What changed
Revenue was $9.0M in Q2 2026, up 21% year over year and up 19% from the previous quarter.
Gross margin was 14.4%, down 11.6 points from Q2 2025. Operating costs exceeded revenue by $43.3M, an operating margin of -479.8%. Operating expenses fell 2% while revenue rose 21%. The fastest-growing cost line was SG&A (+15%). The quarter ended with a net loss of $43.1M, wider than the previous quarter's $38.3M loss. Minority interests bore $14K of it: to shareholders the quarter was a loss of $43.1M.
Operating cash flow was −$21.8M. Non-cash charges added back $10.0M of depreciation and amortization and $13.0M of share-based compensation. Working capital and other items used $1.8M. Capital expenditures of $9.6M exceeded it, leaving free cash flow of −$31.4M.
Questions
What was Enovix's revenue in the second quarter 2026?
Enovix (ENVX) reported revenue of $9.0M for the second quarter 2026 (Q2 2026), +21% from a year earlier and +19% from the quarter before.
Was Enovix profitable in the second quarter 2026?
Operating loss was $43.3M (-479.8% of revenue) and net loss $43.1M.
Source: Enovix 10-Q on SEC EDGAR.