Enovix annual r&d spending
2020
2021
2022
2023
2024
2025
Enovix R&D Spending Growth & History (ENVX)
Enovix's r&d spending was $110.3M for fiscal 2025.
View full Enovix company overviewEnovix annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-28 | $110.3M | −$14.2M | −11.38% |
| 2024 | 2024-12-29 | $124.5M | $36.1M | +40.86% |
| 2023 | 2023-12-31 | $88.4M | $30.3M | +52.27% |
| 2022 | 2023-01-01 | $58.1M | $20.2M | +53.37% |
| 2021 | 2022-01-02 | $37.9M | $23.4M | +162.08% |
| 2020 | 2020-12-31 | $14.4M | — | — |
Enovix quarterly r&d spending
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-07-05 | $24.4M | −$3.7M | −13.16% |
| Q1 2026 | 2026-04-05 | $26.5M | $599,000 | +2.31% |
| Q4 2025 | 2025-12-28 | $28.1M | $5.6M | +25.15% |
| Q3 2025 | 2025-09-28 | $28.2M | $4.0M | +16.35% |
| Q2 2025 | 2025-06-29 | $28.1M | −$917,000 | −3.15% |
| Q1 2025 | 2025-03-30 | $25.9M | −$22.9M | −46.85% |
| Q4 2024 | 2024-12-29 | $22.4M | −$12.1M | −35.13% |
| Q3 2024 | 2024-09-29 | $24.2M | $10.7M | +79.30% |
| Q2 2024 | 2024-06-30 | $29.1M | $12.5M | +75.59% |
| Q1 2024 | 2024-03-31 | $48.8M | $25.0M | +105.43% |
| Q4 2023 | 2023-12-31 | $34.6M | $19.0M | +122.46% |
| Q3 2023 | 2023-10-01 | $13.5M | −$440,000 | −3.15% |
| Q2 2023 | 2023-07-02 | $16.6M | $726,000 | +4.59% |
| Q1 2023 | 2023-04-02 | $23.7M | $11.0M | +86.54% |
| Q4 2022 | 2023-01-01 | $15.5M | $3.1M | +24.99% |
| Q3 2022 | 2022-10-02 | $13.9M | $3.6M | +35.40% |
| Q2 2022 | 2022-07-03 | $15.8M | $6.3M | +66.20% |
| Q1 2022 | 2022-04-03 | $12.7M | $7.1M | +127.79% |
| Q4 2021 | 2022-01-02 | $12.4M | — | — |
| Q3 2021 | 2021-10-03 | $10.3M | $6.5M | +170.58% |
| Q2 2021 | 2021-06-30 | $9.5M | — | — |
| Q1 2021 | 2021-03-31 | $5.6M | — | — |
| Q3 2020 | 2020-09-30 | $3.8M | — | — |
Enovix r&d spending trends
Over the last five fiscal years, Enovix's r&d spending increased from $14.4M to $110.3M, a change of $95.9M. The latest reported quarter, Q2 2026, shows $24.4M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Enovix source filings ↗