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Enovix (ENVX) R&D spending by quarter

Enovix's R&D spending was $24.4M in Q2 2026 (second quarter 2026), -8% from Q1 2026. Over the last 7 quarters it ranged from $22.4M (Q4 2024) to $28.2M (Q3 2025).

Enovix R&D spending by quarterEnovix R&D spending by quarter$22.4MQ4 2024$25.9MQ1 2025$28.1MQ2 2025$28.2MQ3 2025$28.1MQ4 2025$26.5MQ1 2026$24.4MQ2 2026
QuarterR&D spendingQ/QY/Y
Q2 2026$24.4M-8%-13%
Q1 2026$26.5M-6%+2%
Q4 2025$28.1M-0.4%+25%
Q3 2025$28.2M+0.1%—
Q2 2025$28.1M+9%—
Q1 2025$25.9M+16%—
Q4 2024$22.4M——

Q2 2026 at a glance

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.

Questions

What is Enovix's R&D spending?

Enovix's R&D spending was $24.4M in Q2 2026 (second quarter 2026), -8% from Q1 2026.

How has Enovix's R&D spending changed?

Over the last 7 quarters it ranged from $22.4M (Q4 2024) to $28.2M (Q3 2025).

Q2 2026 results → · How Enovix makes money →