Earnings summaries and quarterly performance for Enovix.
Executive leadership at Enovix.
Raj Talluri
Detailed
President and Chief Executive Officer
CEO
AM
Ajay Marathe
Detailed
Chief Operating Officer
AC
Arthi Chakravarthy
Detailed
Chief Legal Officer and Head of Corporate Development
KT
Kristina Truong
Detailed
Senior Vice President and Chief Accounting Officer
RB
Ryan Benton
Detailed
Chief Financial Officer
Board of directors at Enovix.
Research analysts who have asked questions during Enovix earnings calls.
AB
Ananda Baruah
Loop Capital Markets LLC
6 questions for ENVX
Also covers: BURU, CRUS, DDD +15 more
CR
Colin Rusch
Oppenheimer & Co. Inc.
5 questions for ENVX
Also covers: AEVA, ALB, AMPX +24 more
Derek Soderberg
Cantor Fitzgerald
5 questions for ENVX
Also covers: AMPX, ARRY, ECX +8 more
WP
William Peterson
JPMorgan Chase & Co.
4 questions for ENVX
Also covers: AA, ACHR, BLDE +14 more
AS
Anthony Stoss
Craig-Hallum Capital Group LLC
3 questions for ENVX
Also covers: ACTG, AIOT, AIRG +6 more
George Gianarikas
Canaccord Genuity
3 questions for ENVX
Also covers: AEVA, AIRJ, AMRC +21 more
SM
Sean Milligan
Gen
3 questions for ENVX
Also covers: AIRJ, GNRC, HYLN +2 more
AR
Auguste Richard
Northland Capital Markets
2 questions for ENVX
Also covers: AIP, AMBA, BURU +12 more
GD
Gabriel Daoud
Cowen
2 questions for ENVX
Also covers: CHPT, CIVI, CNX +6 more
JO
Jeffrey Osborne
TD Cowen
2 questions for ENVX
Also covers: ASPN, AUR, BLDP +14 more
JD
Jonathan Dorsheimer
William Blair & Company, L.L.C.
2 questions for ENVX
Also covers: ACLS, AEHR, ON +1 more
GR
Gus Richard
Northland Capital Markets
1 question for ENVX
Also covers: AIP, AMBA, CAMT +7 more
MS
Mark Schuster
William Blair
1 question for ENVX
MS
Mark Schutter
William Blair & Company
1 question for ENVX
Also covers: AEHR
Mark Shooter
William Blair
1 question for ENVX
Also covers: ACLS, AMPX, BWXT +2 more
Recent press releases and 8-K filings for ENVX.
Enovix Announces Operations Leadership Transition for Manufacturing Scale-Up
ENVX
Management Change
Hiring
New Projects/Investments
- Enovix Corporation announced a leadership transition in its operations organization, including the planned retirement of its Chief Operating Officer, Ajay Marathe, as the company prepares to commence mass production.
- Kihong Park, Senior Vice President, will now lead Global Manufacturing Operations, leveraging his two decades of global battery manufacturing experience, which supported approximately 38% revenue growth for the company overall in 2025 based on preliminary unaudited financial results.
- The company also hired Ed Casey as Vice President, Operations, to lead Advanced Manufacturing Engineering (AME), which will report directly to the Chief Executive Officer, and Sanghyuck Park as Senior Director, AME, to strengthen the team for high-volume manufacturing.
- These changes are intended to align leadership with proven high-volume battery manufacturing expertise and rapid scale-up for silicon-anode battery production in Malaysia, targeting smartphone, smart eyewear, and IoT markets.
10 hours ago
Enovix Announces Operations Leadership Transition and Preliminary 2025 Revenue Growth
ENVX
Management Change
Hiring
Revenue Acceleration/Inflection
- Enovix Corporation announced a leadership transition in its operations organization, including the planned retirement of its Chief Operating Officer, Ajay Marathe, effective February 17, 2026.
- The company is realigning its operations leadership to prioritize high-volume battery manufacturing expertise, with Kihong Park expanding his role to lead Global Manufacturing Operations and Ed Casey joining as Vice President, Operations for Advanced Manufacturing Engineering.
- Additionally, Sanghyuck Park was hired as Senior Director, Advanced Manufacturing Engineering, bringing over 30 years of experience in battery production equipment.
- Enovix reported approximately 38% revenue growth for 2025, based on preliminary unaudited financial results.
11 hours ago
Enovix Announces Independent Testing Confirms AI-1 Battery Performance
ENVX
Product Launch
- Enovix Corporation announced that independent, third-party testing by Polaris Battery Labs confirmed its AI-1™ smartphone battery delivers 935 Wh/L volumetric energy density.
- This performance exceeds a leading commercially available smartphone battery by 100 Wh/L, representing a 12% outperformance.
- The AI-1's superior performance is attributed to Enovix's patented cell architecture, which utilizes 100% active silicon anodes.
7 days ago
Enovix Expands Production Capacity and Provides Financial Updates
ENVX
New Projects/Investments
Share Buyback
Revenue Acceleration/Inflection
- Enovix is expanding its Fab 2 facility in Malaysia to a 4-production line configuration, with a projected annual production capacity of 9.5 million to 10 million units once fully ramped.
- As of March 2025, seven of the top eight smartphone OEMs were sampling Enovix batteries, with an estimated Average Selling Price (ASP) of $13 per smartphone battery.
- The company reported revenue of $23.1 million in Q4 2024 and authorized a $60 million share buyback program in 2025.
- Enovix's balance sheet reported $203.4 million in cash on hand in Q2 2025, and the company acquired a SolarEdge facility for $10 million in April 2025.
Dec 15, 2025, 4:30 PM
Enovix Reports Strong Q3 2025 Results and Strengthens Balance Sheet
ENVX
Earnings
Guidance Update
Product Launch
- Enovix reported Q3 2025 revenue of $8 million, marking an 85% year-over-year increase, and achieved a non-GAAP gross profit of $1.7 million, representing a 21% margin.
- The company significantly strengthened its balance sheet, closing Q3 2025 with $648 million in cash and marketable securities after generating $224 million from warrant exercises and $303 million in net liquidity from a $360 million convertible notes offering.
- The AI1 smartphone battery was validated as the highest energy density in the industry, with the lead smartphone program with Honor entering final validation for a planned 2026 launch, and a second smartphone OEM also in qualification for a 2026 commercial launch.
- For Q4 2025, Enovix anticipates revenue between $9.5 million and $10.5 million and a non-GAAP net loss per share between $0.16 and $0.20.
Nov 5, 2025, 10:00 PM
Enovix Announces Q3 2025 Results and Q4 2025 Guidance
ENVX
Earnings
Guidance Update
Debt Issuance
- Enovix reported Q3 2025 revenue of $8.0 million, an 85% year-over-year increase, with a non-GAAP gross profit of $1.7 million (21.0% margin) and an adjusted EBITDA loss of $21.4 million.
- The company's cash equivalents & marketable securities grew to $648 million as of September 28, 2025, driven by $232.1 million in gross proceeds from warrant exercises and the issuance of $360 million in 4.75% Convertible Senior Notes due 2030.
- For Q4 2025, Enovix expects revenue between $9.5 million and $10.5 million and a non-GAAP net loss per share between ($0.16) and ($0.20).
- The Al-1 smartphone battery's performance was independently validated as having the highest energy density reported for a smartphone battery, and the lead smartphone qualification with Honor is entering its final validation phase.
Nov 5, 2025, 10:00 PM
Enovix Announces Third Quarter 2025 Financial Results and Business Updates
ENVX
Earnings
Guidance Update
New Projects/Investments
- Enovix reported Q3 2025 revenue of $8.0 million, an 85% year-over-year increase from $4.3 million in Q3 2024, with a GAAP gross margin of 18%.
- The company ended Q3 2025 with a strengthened balance sheet, holding $648 million in cash, cash equivalents, and marketable securities, compared to $201 million a year ago, following secured financing through a warrant dividend and new convertible notes.
- Enovix made meaningful progress towards the commercial launch of its AI-1™ battery technology with a lead smartphone customer, with the AI-1 battery independently validated as having the highest energy density reported for a smartphone battery.
- For Q4 2025, Enovix anticipates revenue between $9.5 million and $10.5 million and a non-GAAP net loss per share between ($0.16) and ($0.20).
Nov 5, 2025, 9:10 PM
Enovix Announces Third Quarter 2025 Financial Results
ENVX
Earnings
Guidance Update
New Projects/Investments
- Enovix reported Q3 2025 revenue of $8.0 million, an 85% year-over-year increase, with a GAAP gross margin of 18% and a GAAP net loss per share of ($0.26).
- The company strengthened its balance sheet with $648 million in unaudited cash, cash equivalents, and marketable securities as of September 28, 2025, following secured financing through a warrant dividend and new convertible notes. For Q4 2025, Enovix expects revenue between $9.5 million and $10.5 million.
- Enovix's AI-1™ smartphone battery performance was independently validated as having the highest energy density for a smartphone battery, with the lead smartphone customer advancing towards commercial launch. The company also delivered over 1,000 battery packs to a lead smart eyewear customer and samples to 9 other OEMs/ODMs.
Nov 5, 2025, 9:05 PM
Enovix Recognized on Fast Company’s Next Big Things in Tech List
ENVX
Product Launch
New Projects/Investments
- Enovix Corporation has been included in Fast Company’s Next Big Things in Tech list, which highlights emerging technologies with the potential to profoundly impact industries.
- The company's AI-1™ batteries have been validated by an independent testing firm and a leading smartphone OEM to deliver the highest energy density of any commercially available smartphone battery.
- Enovix's product architecture enables 100% active silicon-anode solutions designed for next-generation smartphones and AI devices.
- Enovix is preparing to scale production in 2026 through manufacturing facilities in Malaysia and South Korea.
Oct 15, 2025, 8:04 PM
Enovix Prices $360 Million Convertible Senior Notes Due 2030 Offering
ENVX
Debt Issuance
New Projects/Investments
Convertible Preferred Issuance
- Enovix Corporation announced and priced an offering of 4.75% Convertible Senior Notes due 2030.
- The aggregate principal amount of the notes issued totaled $360 million, which includes the full exercise of the initial purchasers' option to purchase an additional $60 million in notes.
- The notes will mature on September 15, 2030, and bear an interest rate of 4.75% per year, payable semiannually.
- Enovix estimates the net proceeds from the offering to be approximately $348.6 million, assuming the initial purchasers' option to purchase additional notes was exercised in full.
- The company intends to use a portion of the net proceeds for capped call transactions and the remainder for general corporate purposes, which may include funding potential acquisitions.
Sep 15, 2025, 8:30 PM
Quarterly earnings call transcripts for Enovix.
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