Enovix reports Q2 EPS (13c), consensus (15c)

Reports Q2 revenue $7.468M, consensus $6.34M. The company said, “In the second quarter of 2025, Enovix (ENVX) delivered on key milestones in product development, manufacturing readiness, and commercialization. We finalized the AI-1 battery platform, shipped production samples for product qualification, exceeded revenue expectations, and achieved our third straight quarter of positive gross margin. With AI-1 launched, mass production advancing, and new customers entering qualification, we are moving into the commercialization phase.”