Develops lithium-ion batteries for smartphones and smart eyewear.
Jul 2026Revenue $35.9M/yrExpenses $214M/yr
No trendCash runway ≈ 3.8 years from Jul 2026
Figures by year
When will Enovix be profitable?
Its figures don’t show a steady enough trend to project a date. In the 12 months to Jul 2026, revenue was $35.9M and expenses $214M.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $31.8M | $209M | −$177M |
| Dec 2024 | $23.1M | $266M | −$243M |
| Dec 2023 | $7.64M | $238M | −$230M |
| Jan 2023 | $6.20M | $138M | −$132M |
| Jan 2022 | $0.00 | $69.5M | −$69.5M |
| Dec 2020 | $0.00 | $23.5M | −$23.5M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.