Enovix

Enovix Gross Margin

The Gross Margin of Enovix (ENVX) as of Nov 5, 2026 is -8.86 %. In the previous year, Gross Margin was -724.97 % — a change of -98.78% (higher).

Gross Margin

-8.86 %

YoY

-98.78%

Last updated:

Gross Margin of Enovix is 2024 -8.86 % . Gross Margin of Enovix was 2023 -724.97 % . It decreases by -98.78% higher compared to the previous year.

Enovix's gross margin stands at -8.9%, up from -274.8% several years earlier.

The Enovix Gross Margin history

  • 3 Years

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  • 25 Years

  • Max

Gross Margin
Date
Gross Margin
Jan 1, 2022
-274.84 USD
Jan 1, 2023
-724.97 USD
Jan 1, 2024
-8.86 USD
The Enovix Gross Margin history
YEARGross MarginYoY
-8.86 %-98.78%
-724.97 %+163.78%
-274.84 %—

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Enovix Stock analysis

What does Enovix do? Enovix Corp designs and develops silicon-anode lithium-ion batteries, delivering commercial cells from Fab1, which features a first-of-its-kind production line. The company serves wearable, IoT, laptop, mobile, industrial, and mobile cell applications with its BrakeFlow intra-cell system that increases abuse tolerance. Enovix provides vertical integration of electrode coating and battery pack manufacturing, operating two factories in Korea for its lithium-ion battery business. The company's product roadmap focuses on future nodes at higher energy density levels, targeting applications like wearables, IoT devices, laptops, and industrial equipment. Enovix delivers commercial cells from Fab1, emphasizing its unique production capabilities and vertical integration to serve specific market segments without naming external partners or customers. Enovix operates with a clear focus on high-energy-density battery solutions for niche markets, leveraging its Fab1 facility and BrakeFlow technology to address abuse tolerance in demanding applications. The firm's two Korean factories support its lithium-ion battery business, enabling vertical integration from electrode coating to battery pack manufacturing. Enovix is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Enovix stock

Gross Margin of Enovix is -8.86 % in 2024.

Gross Margin of Enovix changed from -724.97 % to -8.86 %, representing a -98.78% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Gross Margin Enovix since 2006 – with annual values, charts, and detailed analysis.

Gross Margin measures the percentage of revenue remaining after COGS. Higher gross margins indicate more efficient production and stronger pricing power.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Gross Margin's Enovix with sector peers and the industry average to assess whether it is attractive.

To evaluate Gross Margin's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Gross Margin.

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