---
schema_version: "secwatch.filing_event.v1"
accession: "0001828318-23-000059"
form_type: "8-K"
ticker: "ENVX"
cik: "0001828318"
company_name: "Enovix Corp"
filed_at: "2023-02-22T23:59:59+00:00"
generated_at: "2026-06-19T05:24:28.628697+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Enovix Q4 2022 revenue $1.1M, net loss $11.2M; guides 180K cells in 2023

## Summary
- Q4 2022 revenue $1.1M (service); GAAP net loss $11.2M ($0.07/share); Non-GAAP net loss $29.2M ($0.19/share).
- Shipped 4,442 cells in Q4, exceeding internal goal; volume-weighted yield 42.9% (Q3: 16.4%).
- Revenue funnel Active Design/Design Win grew 58% sequentially to $669M from $423M.
- Guides Q1 2023 production of 9,000 cells (double Q4); full-year 2023 target 180,000 wearable-size cells.
- 2023 capex guidance $120M; net cash $322.9M; new COO Ajay Marathe appointed.

## SEC filing metadata
- accession: 0001828318-23-000059
- form_type: 8-K
- ticker: ENVX
- cik: 0001828318
- company_name: Enovix Corp
- filed_at: 2023-02-22T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828318/000182831823000059/0001828318-23-000059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828318/000182831823000059/envx-20230222.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001828318-23-000059
- JSON: https://secwatch.observer/filing/0001828318-23-000059.json
- Plain text: https://secwatch.observer/filing/0001828318-23-000059.txt

## Key facts
- Earnings Releases
  Enovix Corp reported financial results for fourth fiscal quarter and fiscal year ended January 1, 2023.
  - Period: fourth fiscal quarter and fiscal year ended January 1, 2023
  - Result: reported results
  source text: On February 22, 2023, Enovix Corporation released its financial results for the fourth fiscal quarter and fiscal year ended January 1, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828318/000182831823000059/0001828318-23-000059-index.htm

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