ENVX Q3 2023 Earnings — Enovix Corporation Revenue & Financial Results | Market Cap Arena

ENVXEnovix Corporation

$1B

Q3 2023 Earnings

Industrials Electrical Equipment & Parts

Income Statement

Revenue

$200,000+2400.0% YoY

Gross Profit

-$17M-8304.5% margin

Operating Income

-$50M-25191.5% margin

Net Income

-$16M-8092.5% margin

EPS (Diluted)

$-0.29

QoQ Revenue Growth

+376.2%

Cash Flow

Operating Cash Flow

-$11,000

Free Cash Flow

-$11,000

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$520M

Total Liabilities

$267M

Stockholders' Equity

$252M

Cash & Equivalents

$271M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$200,000	$8,000	+2400.0%
Gross Profit	-$17M	-$7M	-150.9%
Operating Income	-$50M	-$34M	-49.6%
Net Income	-$16M	-$82M	+80.3%