earnings
confidence high
sentiment positive
materiality 0.75
Enovix Q3 revenue $8M (+85% YoY), beats guidance; raises Q4 revenue view to $9.5-10.5M
Enovix Corp
2025-Q3 EPS
reported -$0.59
vs consensus -$0.16
▼ miss
(-269.2%)
- Revenue $8.0M (+85% YoY), above prior guidance $7.5-8.5M; Q4 revenue guidance raised to $9.5-10.5M.
- GAAP gross margin improved to 18% (from -15% YoY); non-GAAP gross margin 21%.
- GAAP diluted net loss $0.27/sh; non-GAAP diluted net loss $0.14/sh, within guidance range.
- Cash, equivalents & marketable securities $648M (vs $201M a year ago) after convertible note issuance and warrant dividend.
- Lead smartphone customer advancing AI-1 battery; independent validation as highest energy density; Fab2 yield improvements progressing.