ENVX Q2 2023 Earnings — Enovix Corporation Revenue & Financial Results | Market Cap Arena

ENVXEnovix Corporation

$1B

Q2 2023 Earnings

Industrials Electrical Equipment & Parts

Income Statement

Revenue

$42,000-99.2% YoY

Gross Profit

-$14M-33792.9% margin

Operating Income

-$52M-123440.5% margin

Net Income

-$64M-153109.5% margin

EPS (Diluted)

$-0.41

QoQ Revenue Growth

+100.0%

Cash Flow

Operating Cash Flow

-$24M

Free Cash Flow

-$36M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$539M

Total Liabilities

$292M

Stockholders' Equity

$247M

Cash & Equivalents

$343M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$42,000	$5M	-99.2%
Gross Profit	-$14M	-$638,000	-2124.6%
Operating Income	-$52M	-$28M	-85.0%
Net Income	-$64M	-$1M	-5565.7%