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Income Statement (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Revenue | 7.5M | 46.5% |
| Gross Profit | 1.9M | 644.1% |
| Cost of Revenue | 5.5M | 14.2% |
| Operating expense | 46M | 6.7% |
| Net Income | -45M | 89.4% |
| EBITDA | -35M | 155.7% |
Balance Sheet (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Total Assets | 469M | 6% |
| Total Liabilities | 262M | 0.5% |
| Total Equity | 204M | 13.4% |
| Shares Outstanding | 205M | 7.1% |
Cash Flow (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Cash from operations | -26M | 52.9% |
| Cash from investing | -27M | 58.5% |
| Cash from financing | -1.2M | 19.9% |
EPS
Financial Highlights for Enovix in Q2 '25
Enovix reported a revenue of 7.5M, which is a 46.5% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 1.9M, marking a 644.1% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 5.5M, a 14.2% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 46M, showing a 6.7% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -45M, showing a -89.4% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was -35M, showing a -155.7% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
Enovix faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. Higher operating expenses might indicate increased investments or potential inefficiencies. A decline in EBITDA signals potential operational challenges or increased costs.
