Enovix (ENVX) Return on Assets ROA from the second quarter of 2026 to second quarter of 2025 and for the year 2026, Average High and Low, Fundamental Ratios from Jul 05 2026 to Jun 29 2025 - CSIMarket
Enovix's ROA from the second quarter of 2026 to the second quarter of 2025 and 5 Year Period
Return on Assets, Quarterly Results, Trends, Rankings, Statistics
What is Enovix's ROA in the second quarter of 2026?
Enovix Corporation recorded a cumulative net loss of $-170 million during 12 months ending in the second quarter of 2026, resulting in a negative return on assets (ROA) of -19.9%.
However, within the Capital Goods sector 234 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Jul 05 2026 quarter, so far to 3499, from total ROA ranking in the first quarter of 2026 at 4118.
In an ambitious stride towards revolutionizing the energy storage landscape, Enovix Corporation, a thriving player in the high-performance battery market, has recently made significant progress with the shipment of its EX-1M battery cell samples from its newly established Agility Line in Malaysia. The announcement marks a pivotal moment for the company as it aims to scale its production capabilities, having also launched its second manufacturing facility Fab2 this past summer in Malaysia. This momentum follows earlier developments wherein the company had initiated customer sampling of its groundbreaking EX-1M batteries. These advancements, coupled with the successful completion of UN38.3 certification for safe transportation, reflect Enovix’s commitment to safety and industry standards. The UN38.3 certification is a stamp of approval that certifies the product for strict international transportation regulations concerning lithium-ion batteries. It not only underscores the safety of their technological innovations but also aids in establishing the company as a trusted entity in the global battery supply chain.Moreover, Enovix has secured a developmental agreement with one of the top five smartphone original equipment manufacturers (OEMs) worldwide by unit volume. This partnership indicates a growing recognition of Enovix’s battery technology among major players, suggesting that their EX-1M batteries may soon power the next generation of smartphones and other consumer electronics. The collaboration taps into a market driven by incessant demand for longer-lasting, faster-charging devices an arena where Enovix aims to position itself at the forefront.
FREMONT, Calif., July 03, 2024 - Enovix Corporation (Enovix), a global high-performance battery company, announced today that it will be holding a grand opening of Fab2, its high-volume production facility in Penang, Malaysia, on August 8, 2024. This highly anticipated event comes at a time when Enovix is grappling with significant financial challenges and a negative return on assets (ROA). Enovix Corporation s latest financial report indicates a cumulative net loss of $-187 million over the course of the first quarter of 2024. With an ROA of -35.73%, the company s performance has been far from impressive. This raises concerns about Enovix s ability to navigate the competitive landscape and achieve sustainable profitability.
Enovix Hits Manufacturing Milestones Towards Revolutionary Silicon Battery Production FREMONT, Calif., April 16, 2024 - Enovix Corporation (Enovix) (Nasdaq: ENVX), a global high-performance battery company, has proudly announced the completion of Factory Acceptance Testing (FAT) for its Gen2 Agility Line. The company is now on track to produce its first silicon battery samples from Fab2 in the second quarter of 2024. This significant development marks a major milestone in Enovix s journey toward revolutionizing battery technology. Enovix s Gen2 Agility Line represents the company s latest venture into advanced manufacturing processes for their highly anticipated silicon-based batteries. Silicon has long been recognized for its potential as a superior alternative to traditional lithium-ion batteries, offering higher energy density and better performance. However, widespread adoption of silicon batteries has been hindered by significant technical challenges. Enovix aims to overcome these limitations and bring a new era of advanced batteries to the market.
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