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Dragonfly Energy Holdings vs Enovix: DFLI and ENVX compared
Dragonfly Energy Holdings is the larger company: $13.2M of revenue in its latest quarter (Q2 2026) against $9.0M for Enovix (Q2 2026). Enovix is growing faster (+21% against -19% a year earlier). Dragonfly Energy Holdings is more profitable, with an operating margin of -22.0% against -479.8%.
Where the money goes: DFLI and ENVX
Dragonfly Energy Holdings (DFLI) · Q2 2026
Dragonfly Energy Holdings, Q2 2026: revenue $13.2M (-19% year over year), operating margin -22.0%, net loss $4.4M, operating cash flow −$1.9M. The chart follows the revenue to costs, profit and cash.
Enovix (ENVX) · Q2 2026
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.
| Dragonfly Energy Holdings (DFLI) | Enovix (ENVX) | |
|---|---|---|
| Latest quarter | Q2 2026 | Q2 2026 |
| Revenue | $13.2M | $9.0M |
| Revenue growth, Y/Y | -19% | +21% |
| Operating margin | -22.0% | -479.8% |
| Net earnings | −$4.4M | −$43.1M |
| Net margin | -33.3% | -477.4% |
| Operating cash flow | −$1.9M | −$21.8M |
| Market value | — | $544M |
| Analysts’ mean target | — | $9.75 |
Where the revenue comes from
Dragonfly Energy Holdings
- Original Equipment Manufacturers: $8.4M (64%)
- Direct to Consumers: $4.5M (34%)
- Other: $250K (2%)
- Original Equipment Manufacturers Segment: $4K (0%)
Questions
Which is bigger, Dragonfly Energy Holdings or Enovix?
Dragonfly Energy Holdings is the larger company: $13.2M of revenue in its latest quarter (Q2 2026) against $9.0M for Enovix (Q2 2026).
Is Dragonfly Energy Holdings or Enovix growing faster?
Enovix is growing faster (+21% against -19% a year earlier).
Which is more profitable, Dragonfly Energy Holdings or Enovix?
Dragonfly Energy Holdings is more profitable, with an operating margin of -22.0% against -479.8%.
More: Dragonfly Energy Holdings earnings · how Dragonfly Energy Holdings makes money · Enovix earnings · how Enovix makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 14, 2026; 10-Q filed Aug 12, 2026). Fiscal quarters can end on different dates. Not investment advice.