---
schema_version: "secwatch.filing_event.v1"
accession: "0001828318-22-000059"
form_type: "8-K"
ticker: "ENVX"
cik: "0001828318"
company_name: "Enovix Corp"
filed_at: "2022-11-01T23:59:59+00:00"
generated_at: "2026-06-22T19:12:14.657899+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Enovix Q3 net loss $82M; shifts focus to Gen2 Autoline, guides lower 2023 output

## Summary
- GAAP net loss $82.0M ($0.53 EPS) includes $50.2M warrant fair-value loss; non-GAAP loss $23.2M ($0.15 EPS).
- Revenue $8K; FY 2022 revenue guidance $6-8M; cash use guidance lowered to $130-150M.
- Scaling back Gen1 throughput in Fab-1; targeting Gen2 Autoline with 9M+ cells/year at full ramp.
- Signed non-binding MOU with Strategic Account for wearable/mobile/computing; MOU with IPG Photonics for laser tech.
- Revenue funnel $1.4B; design wins grew to 9; end-Q3 cash $349.0M.

## SEC filing metadata
- accession: 0001828318-22-000059
- form_type: 8-K
- ticker: ENVX
- cik: 0001828318
- company_name: Enovix Corp
- filed_at: 2022-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828318/000182831822000059/0001828318-22-000059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828318/000182831822000059/envx-20221101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001828318-22-000059
- JSON: https://secwatch.observer/filing/0001828318-22-000059.json
- Plain text: https://secwatch.observer/filing/0001828318-22-000059.txt

## Key facts
- Earnings Releases
  Enovix Corp reported financial results for the third fiscal quarter ended October 2, 2022.
  - Period: the third fiscal quarter ended October 2, 2022
  - Result: reported results
  source text: On November 1, 2022, Enovix Corporation released its financial results for the third fiscal quarter ended October 2, 2022, by posting its Third Quarter 2022 Update, a letter to its shareholders, on its website.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828318/000182831822000059/0001828318-22-000059-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.