Enovix Corp
NASDAQ:ENVX
Income Statement
Earnings Waterfall
Enovix Corp
Income Statement
Enovix Corp
| Dec-2020 | Mar-2021 | Jun-2021 | Oct-2021 | Jan-2022 | Apr-2022 | Jul-2022 | Oct-2022 | Jan-2023 | Apr-2023 | Jul-2023 | Oct-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
3
|
4
|
6
|
7
|
7
|
7
|
7
|
7
|
17
|
|
| Revenue |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
5
N/A
|
5
+0%
|
6
+21%
|
6
+0%
|
1
-81%
|
1
+16%
|
8
+466%
|
13
+69%
|
17
+29%
|
21
+25%
|
23
+11%
|
23
-1%
|
27
+16%
|
30
+14%
|
|
| Gross Profit | |||||||||||||||||||||
| Cost of Revenue |
(3)
|
(5)
|
(4)
|
(3)
|
(2)
|
(1)
|
(6)
|
(13)
|
(23)
|
(35)
|
(43)
|
(54)
|
(63)
|
(58)
|
(48)
|
(36)
|
(25)
|
(23)
|
(24)
|
(26)
|
|
| Gross Profit |
(3)
N/A
|
(5)
-37%
|
(4)
+16%
|
(3)
+27%
|
(2)
+30%
|
(1)
+57%
|
(1)
+25%
|
(7)
-1 034%
|
(17)
-135%
|
(29)
-69%
|
(42)
-47%
|
(52)
-24%
|
(55)
-6%
|
(45)
+19%
|
(31)
+30%
|
(15)
+51%
|
(2)
+87%
|
0
N/A
|
3
+16 231%
|
5
+78%
|
|
| Operating Income | |||||||||||||||||||||
| Operating Expenses |
(20)
|
(25)
|
(34)
|
(48)
|
(68)
|
(82)
|
(96)
|
(104)
|
(110)
|
(141)
|
(142)
|
(146)
|
(167)
|
(192)
|
(202)
|
(216)
|
(199)
|
(174)
|
(168)
|
(172)
|
|
| Selling, General & Administrative |
(6)
|
(9)
|
(12)
|
(19)
|
(30)
|
(37)
|
(44)
|
(49)
|
(52)
|
(67)
|
(73)
|
(77)
|
(79)
|
(72)
|
(76)
|
(80)
|
(74)
|
(72)
|
(68)
|
(67)
|
|
| Research & Development |
(14)
|
(18)
|
(24)
|
(30)
|
(38)
|
(45)
|
(51)
|
(55)
|
(58)
|
(69)
|
(70)
|
(69)
|
(88)
|
(113)
|
(126)
|
(137)
|
(125)
|
(102)
|
(101)
|
(105)
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(2)
|
(3)
|
0
|
(5)
|
(4)
|
0
|
0
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(5)
|
4
|
0
|
5
|
3
|
0
|
0
|
|
| Operating Income |
(24)
N/A
|
(30)
-25%
|
(38)
-30%
|
(51)
-33%
|
(70)
-36%
|
(83)
-20%
|
(97)
-17%
|
(112)
-15%
|
(127)
-14%
|
(170)
-34%
|
(185)
-9%
|
(198)
-7%
|
(223)
-12%
|
(237)
-6%
|
(233)
+2%
|
(231)
+1%
|
(201)
+13%
|
(174)
+14%
|
(166)
+5%
|
(167)
-1%
|
|
| Pre-Tax Income | |||||||||||||||||||||
| Interest Income Expense |
(0)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
5
|
8
|
10
|
12
|
10
|
9
|
9
|
7
|
6
|
4
|
3
|
(7)
|
|
| Non-Reccuring Items |
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(5)
|
0
|
(9)
|
(12)
|
(7)
|
0
|
(41)
|
(42)
|
(42)
|
(39)
|
3
|
6
|
|
| Total Other Income |
(18)
|
(19)
|
(19)
|
(3)
|
(56)
|
16
|
43
|
(13)
|
75
|
(6)
|
(47)
|
33
|
6
|
41
|
22
|
18
|
13
|
8
|
34
|
8
|
|
| Pre-Tax Income |
(40)
N/A
|
(48)
-21%
|
(57)
-19%
|
(55)
+5%
|
(126)
-130%
|
(67)
+47%
|
(54)
+20%
|
(125)
-132%
|
(52)
+59%
|
(168)
-225%
|
(231)
-38%
|
(165)
+28%
|
(215)
-30%
|
(188)
+12%
|
(245)
-30%
|
(249)
-2%
|
(224)
+10%
|
(201)
+10%
|
(126)
+38%
|
(159)
-27%
|
|
| Net Income | |||||||||||||||||||||
| Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
5
|
3
|
1
|
1
|
(2)
|
0
|
|
| Income from Continuing Operations |
(40)
|
(48)
|
(57)
|
(55)
|
(126)
|
(67)
|
(54)
|
(125)
|
(52)
|
(168)
|
(231)
|
(165)
|
(214)
|
(187)
|
(238)
|
(245)
|
(223)
|
(200)
|
(128)
|
(159)
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
|
| Net Income (Common) |
(40)
N/A
|
(48)
-21%
|
(57)
-19%
|
(55)
+5%
|
(126)
-130%
|
(67)
+47%
|
(54)
+20%
|
(125)
-132%
|
(52)
+59%
|
(168)
-225%
|
(231)
-38%
|
(165)
+28%
|
(214)
-30%
|
(186)
+13%
|
(238)
-28%
|
(245)
-3%
|
(222)
+9%
|
(200)
+10%
|
(128)
+36%
|
(159)
-24%
|
|
| EPS (Diluted) |
-0.27
N/A
|
-0.33
-22%
|
-0.58
-76%
|
-0.42
+28%
|
-1.07
-155%
|
-0.43
+60%
|
-0.35
+19%
|
-0.81
-131%
|
-0.34
+58%
|
-1.08
-218%
|
-1.48
-37%
|
-1.05
+29%
|
-1.35
-29%
|
-1.1
+19%
|
-1.38
-25%
|
-1.38
N/A
|
-1.27
+8%
|
-1.04
+18%
|
-0.62
+40%
|
-0.77
-24%
|
|