ENVX Q3 2024 Earnings — Enovix Corporation Revenue & Financial Results | Market Cap Arena

ENVXEnovix Corporation

$1B

Q3 2024 Earnings

Industrials Electrical Equipment & Parts

Income Statement

Revenue

$4M+2058.5% YoY

Gross Profit

-$642,000-14.9% margin

Operating Income

-$49M-1141.2% margin

Net Income

-$23M-522.0% margin

EPS (Diluted)

$-0.30

QoQ Revenue Growth

+14.6%

Cash Flow

Operating Cash Flow

-$31M

Free Cash Flow

-$50M

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$448M

Total Liabilities

$278M

Stockholders' Equity

$168M

Cash & Equivalents

$201M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4M	$200,000	+2058.5%
Gross Profit	-$642,000	-$17M	+96.1%
Operating Income	-$49M	-$50M	+2.2%
Net Income	-$23M	-$16M	-39.2%

Revenue Segments

Product

$4M100%