earnings
confidence high
sentiment positive
materiality 0.75
Enovix Q2 revenue $7.5M (+98% YoY); AI-1 platform launched; non-GAAP EPS loss $0.13 beats guidance
Enovix Corp
2025-Q2 EPS
reported -$0.33
vs consensus -$0.17
▼ miss
(-92.9%)
- Revenue of $7.5M beat guidance of $4.5-6.5M; third consecutive quarter of positive gross margin (non-GAAP 31%).
- Non-GAAP net loss per share $0.13 better than guidance ($0.15-$0.21); GAAP net loss $0.22.
- AI-1 platform launched with first smartphone battery >900 Wh/L; samples shipped to two top smartphone OEMs.
- Cash $203.4M; warrant dividend to raise up to $255M; Board authorized $60M share repurchase program.
- Q3 guidance: revenue $7.5-8.5M, non-GAAP operating loss $31-35M, non-GAAP EPS loss $0.14-$0.18.