# Enovix Corp (ENVX) · Edgar & Edgarette company card

> Enovix (ENVX) grew revenue 37.9% in FY2025 to $32 million, operating margin -557% against a -7.6% median for miscellaneous electrical machinery, equipment & supplies, equity 30.9% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1828318 · fiscal year ended 2025-12-28 · 5 audited years read · [page](https://www.pops4.com/boards/company/ENVX) · [JSON](https://www.pops4.com/boards/company/ENVX.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $32M |
| Revenue growth, 1 year | 37.9% |
| Revenue growth per year | — |
| Operating margin | -557.0% (prior year -1051.7%) |
| Net margin | -492.6% |
| Operating cash flow | −$95M |
| Capital spending | $18M |
| Free cash flow | −$114M |
| Cash | $106M |
| Long-term debt | $520M |
| Total assets | $879M |
| Total equity | $271M |
| Equity ÷ assets | 30.9% |
| Return on equity | -57.8% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: -0.95 (distress zone)
- Piotroski F: 4 of 9 (middling)
- Health Harbor boat: Old boat · three warning signs · operating cash flow was negative; operating loss: a margin of -557.0% in FY2025; revenue is hard to predict: its 80% range is ±64%
- Cash Compass: Fast, cash not yet · growing fast, but little cash arriving so far

## Edgarette's reading

Exposure: revenue $31.8M (FY2025), total debt $519.5M. Experience: revenue up 37.9% on the year; operating margin -557.0%, up from -1051.7%. Soundness: equity 30.9% of assets, return on equity -57.8%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $22.9M and $103.4M next year (method v4.1: its own 3-year record of growth weighed at 40% against under $50M filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $20.6M to $115.0M. A statistical range, not company guidance. Against peers (15 filers, $50M+ revenue, miscellaneous electrical machinery, equipment & supplies): operating margin -557.0% against a -7.6% median; growth 37.9% against 6.9%.

Range logged 2026-11-04, receipt b007185acc213025, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 4, latest 2026-11-03 ([filing](https://www.sec.gov/Archives/edgar/data/1828318/000182831826000065/0001828318-26-000065-index.htm))

## Recent filings

- 8-K · filed 2026-11-03 · 5.02 Departure or Election of Directors; Appointment of Officers · [filing](https://www.sec.gov/Archives/edgar/data/1828318/000182831826000065/0001828318-26-000065-index.htm)
- 8-K · filed 2026-10-28 · 7.01 Regulation FD Disclosure; 8.01 Other Events · [filing](https://www.sec.gov/Archives/edgar/data/1828318/000182831826000063/0001828318-26-000063-index.htm)
- 8-K · filed 2026-10-22 · 7.01 Regulation FD Disclosure · [filing](https://www.sec.gov/Archives/edgar/data/1828318/000182831826000061/0001828318-26-000061-index.htm)
- 8-K · filed 2026-10-13 · 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1828318/000182831826000058/0001828318-26-000058-index.htm)
- 8-K · filed 2026-08-17 · 5.02 Departure or Election of Directors; Appointment of Officers; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1828318/000121390026090472/0001213900-26-090472-index.htm)
- 10-Q · filed 2026-08-12 · [filing](https://www.sec.gov/Archives/edgar/data/1828318/000182831826000056/0001828318-26-000056-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001828318.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1828318

## Cite

POPS4, Edgar & Edgarette: Enovix Corp (ENVX) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/ENVX. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.