# Enovix Corporation
Enovix designs and manufactures lithium-ion battery cells, with operations based in the United States and serving international markets. The company focuses on developing battery technology for applications across wearables and IoT devices, smartphones, computing equipment, and electric vehicles. Founded in 2007, the company operates from its headquarters in Fremont, California.
The company serves original equipment manufacturers across multiple end-market segments. Its primary focus areas include consumer electronics, portable computing devices, and the growing electric vehicle sector. Enovix's business model centers on the development and production of advanced lithium-ion cell technology rather than complete battery systems or finished devices.
The company employs approximately 570 full-time employees and operates with a market capitalization of $1.1 billion. As a Nasdaq-listed manufacturer in the electrical equipment and parts industry, Enovix operates within the broader industrials sector, competing in the battery technology and production space.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2025 | $-0.75 | $-0.75 | +40.9% | |
| 2024 | $-1.27 | $-1.27 | +8.0% | |
| 2023 | $-1.38 | $-1.35 | -68.3% | |
| 2022 | $-0.82 | $-0.34 | — | |
| 2021 | — | — | — |
| Report Date | Filed | Accession Number | |
|---|---|---|---|
| 2025-12-28 | 2026-02-25 | 0001828318-26-000006 | SEC ↗ |
| 2024-12-29 | 2025-02-25 | 0001828318-25-000057 | SEC ↗ |
| 2023-12-31 | 2024-02-29 | 0001828318-24-000021 | SEC ↗ |
| 2023-01-01 | 2023-03-01 | 0001828318-23-000071 | SEC ↗ |
| 2022-01-02 | 2022-03-25 | 0000950170-22-004614 | SEC ↗ |
| 2020-12-31 | 2021-03-08 | 0001104659-21-032912 | SEC ↗ |