ENVX Q2 2024 Earnings — Enovix Corporation Revenue & Financial Results | Market Cap Arena

ENVXEnovix Corporation

$1B

Q2 2024 Earnings

Industrials Electrical Equipment & Parts

Income Statement

Revenue

$4M+8871.4% YoY

Gross Profit

-$655,000-17.4% margin

Operating Income

-$89M-2355.4% margin

Net Income

-$116M-3075.2% margin

EPS (Diluted)

$-0.63

QoQ Revenue Growth

-28.5%

Cash Flow

Operating Cash Flow

-$27M

Free Cash Flow

-$52M

Stock-Based Comp.

$19M

Balance Sheet

Total Assets

$489M

Total Liabilities

$316M

Stockholders' Equity

$170M

Cash & Equivalents

$235M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4M	$42,000	+8871.4%
Gross Profit	-$655,000	-$14M	+95.4%
Operating Income	-$89M	-$52M	-71.2%
Net Income	-$116M	-$64M	-80.2%

Revenue Segments

Product

$4M100%