---
schema_version: "secwatch.filing_event.v1"
accession: "0001828318-26-000005"
form_type: "8-K"
ticker: "ENVX"
cik: "0001828318"
company_name: "Enovix Corp"
filed_at: "2026-02-25T23:59:59+00:00"
generated_at: "2026-05-16T00:26:19.508145+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Enovix Q4 revenue $11.3M, FY revenue $31.8M (+38% YoY); board authorizes $75M buyback

## Summary
- Q4 2025 revenue $11.3M (record, up 16% YoY from $9.7M); FY2025 revenue $31.8M (up 38% from $23.1M).
- GAAP net loss per share ($0.16) in Q4, ($0.75) for FY; non-GAAP loss per share ($0.14) and ($0.54).
- Non-GAAP gross margin improved to 23% in FY2025 from 0.9% in FY2024; cash & marketable securities $621M.
- Smartphone qualification progressing; cycle-life high-power testing is key gating item for commercialization.
- Board authorized additional $75M share repurchase; Q1 2026 revenue guidance $6.5-7.5M, non-GAAP loss from ops ($29-32M).

## SEC filing metadata
- accession: 0001828318-26-000005
- form_type: 8-K
- ticker: ENVX
- cik: 0001828318
- company_name: Enovix Corp
- filed_at: 2026-02-25T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828318/000182831826000005/0001828318-26-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828318/000182831826000005/envx-20260225.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001828318-26-000005
- JSON: https://secwatch.observer/filing/0001828318-26-000005.json
- Plain text: https://secwatch.observer/filing/0001828318-26-000005.txt

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