Highest-materiality recent filing
Revenue $7.6M, up 49% YoY, above guidance high end; GAAP net loss $0.18/sh, non-GAAP loss $0.14/sh.
Steve Bakos appointed SVP Worldwide Sales, effective May 5, 2026; reports to Chief Business Officer Samira Naraghi.
Enovix Q4 revenue $11.3M, FY revenue $31.8M (+38% YoY); board authorizes $75M buyback
Q4 2025 revenue $11.3M (record, up 16% YoY from $9.7M); FY2025 revenue $31.8M (up 38% from $23.1M).
Enovix COO retiring Feb 17; preliminary 2025 revenue growth ~38%
COO Ajay Marathe to retire effective Feb 17, 2026; no disagreement cited.
Enovix Q3 revenue $8M (+85% YoY), beats guidance; raises Q4 revenue view to $9.5-10.5M
Revenue $8.0M (+85% YoY), above prior guidance $7.5-8.5M; Q4 revenue guidance raised to $9.5-10.5M.
Enovix closes $360M convertible note offering at 4.75% due 2030; conversion price $11.21
$360M aggregate principal of 4.75% convertible senior notes due Sept 15, 2030; conversion price $11.21 (22.5% premium over last sale).
Enovix completes warrant dividend program, raises $232.1M gross proceeds
Approximately 26.5M warrants exercised, generating $232.1M gross proceeds for Enovix.
Enovix warrants early expiration triggered; final exercise Aug 29; $107.5M proceeds
VWAP exceeded $10.50 triggering early expiration; alternate expiration date set for Aug 29, 2025.
Enovix warrants expire Aug 29; price condition met, 12.6M exercised for $110M
Alternate price condition satisfied; warrants expire Aug 29, 2025; trading ends at 4pm ET, exercise deadline 5pm ET.
Enovix Q2 revenue $7.5M (+98% YoY); AI-1 platform launched; non-GAAP EPS loss $0.13 beats guidance
Revenue of $7.5M beat guidance of $4.5-6.5M; third consecutive quarter of positive gross margin (non-GAAP 31%).
Record date July 17, 2025; distribution date July 21, 2025; one warrant per seven shares held, rounded down.
Enovix Q2 rev $7.5M (+98% YoY), beats guidance; GAAP gross profit positive 3rd straight quarter
Revenue $7.5M, up 98% YoY, exceeded guidance of $4.5M-$6.5M.
Enovix declares warrant dividend: 1 warrant per 7 shares, $8.75 exercise, up to $253.8M proceeds
Each common stockholder receives 1 warrant for every 7 shares held as of July 17, 2025 record date.
Enovix authorizes $60M share repurchase program through Dec 2026
Board authorized repurchase of up to $60M of common stock; effective June 30, 2025, expires Dec 31, 2026.
Enovix Q1 revenue $5.1M, beats guidance midpoint; net loss $0.12/share; guides Q2 revenue $4.5-6.5M
Q1 revenue $5.1M (near high end of guidance); GAAP net loss $23.5M ($0.12 loss per share).
Enovix appoints Ryan Benton as CFO effective April 14, 2025
Ryan Benton was appointed CFO effective April 14, 2025; over 30 years of financial leadership experience.
Enovix acquires SolarEdge battery cell manufacturing facility in South Korea
Acquires ~330,000 sq ft facility directly adjacent to existing Nonsan City plant; deal expected to close April 2025.
Enovix reports record Q4 revenue $9.7M; first positive gross margin; smartphone samples shipped
Q4 revenue $9.7M (record), full-year $23.1M, up 202% YoY; first positive GAAP gross margin of $1.1M (11% of sales).
Enovix CFO Farhan Ahmad departs; company initiates search for replacement
CFO Farhan Ahmad left effective immediately, not due to disagreement with operations or policies.
Enovix prices $100M public offering of 10.4M shares at $9.22/share
Gross proceeds of $100M from 10,416,667 shares at $9.22 per share; underwriter option for 1,562,500 additional shares.
Enovix Q3 revenue $4.3M, GAAP net loss $22.5M; opens Fab2, secures second smartphone OEM partnership
Revenue $4.3M (above guidance midpoint), up from $3.8M Q2; GAAP net loss $22.5M improved from $115.9M Q2.
Enovix Q2 revenue $3.8M, beats guidance; Malaysia Agility Line producing first batteries
GAAP net loss $115.9M vs $46.4M in Q1; includes $38.1M restructuring and $33.7M warrant expense.
Enovix Q1 revenue $5.3M beats guidance; non-GAAP gross profit positive for first time
Revenue of $5.3M (up from $21K YoY) exceeded guidance of $3.5-4.5M; non-GAAP gross profit turned positive.
Enovix Q4 revenue $7.4M, record top line; Fab2 on track for April samples
Q4 revenue $7.4M vs $0.2M Q3 and $1.1M YoY; driven by Routejade acquisition and Army shipments.
On April 17, 2025, Enovix Corporation (the “Company”) announced that Ryan Benton had been appointed as Chief Financial Officer (“CFO”) of the Company.
On December 30, 2024, Enovix Corporation (the “Company”) appointed Kristina Truong as Senior Vice President and Chief Accounting Officer.
Max materiality 0.80 · Median 0.65 · Most common event earnings