---
schema_version: "secwatch.filing_event.v1"
accession: "0001828318-25-000273"
form_type: "8-K"
ticker: "ENVX"
cik: "0001828318"
company_name: "Enovix Corp"
filed_at: "2025-07-31T23:59:59+00:00"
generated_at: "2026-05-17T22:27:04.576661+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Enovix Q2 revenue $7.5M (+98% YoY); AI-1 platform launched; non-GAAP EPS loss $0.13 beats guidance

## Summary
- 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.

## SEC filing metadata
- accession: 0001828318-25-000273
- form_type: 8-K
- ticker: ENVX
- cik: 0001828318
- company_name: Enovix Corp
- filed_at: 2025-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828318/000182831825000273/0001828318-25-000273-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828318/000182831825000273/envx-20250731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001828318-25-000273
- JSON: https://secwatch.observer/filing/0001828318-25-000273.json
- Plain text: https://secwatch.observer/filing/0001828318-25-000273.txt

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