The earnings call highlighted significant achievements in revenue growth, product launches, and market expansion, with strong financial health and strategic initiatives. However, there are concerns about potential increases in net operating loss and challenges in production ramp-up.

Company Guidance

During the call, the company discussed several key metrics and achievements for the second fiscal quarter of 2025. They reported Q2 revenue of $7.5 million, which surpassed their guidance range and represented a 98% year-on-year increase. The non-GAAP gross margin reached 31%, reflecting the higher margin of their defense products. The company launched its A1 product platform, achieving key milestones with strategic customers. Notably, the A1 platform boasts 900 watt-hours per liter with a 3C charge rate, and a cycle life of up to 1,000 cycles, marking it as a significant advancement with 100% active silicon anode. They also highlighted ongoing sampling with major smartphone OEMs and IoT customers, and an aggressive focus on expanding their manufacturing capabilities, including the addition of new equipment and increased capacity at their Malaysia facility. Financial guidance for Q3 anticipates sequential revenue growth and a slight increase in net operating loss, attributed to product mix changes and increased operating expenses related to scaling manufacturing readiness.

Record Revenue Growth

Q2 revenue of $7.5 million, above the guidance range, with a 98% year-on-year increase driven by strong demand for products.

Improved Gross Margin

Non-GAAP gross margin reached 31%, reflecting the higher margin of the defense products from the Korean factory.

Launch of A1 Product Platform

The A1 platform was launched, featuring a leadership platform with a core battery architecture, achieving 900 watt hours per liter and 1,000 cycles, with over 400 patents.

Progress in Smart Eyewear and IoT Markets

Significant progress in smart eyewear and IoT markets with increased sampling and potential for the Enovix battery to become a standard in the ecosystem.

Strong Financial Position

The company finished Q2 with $203.4 million in cash, and a $60 million share buyback program was authorized.

Enovix (ENVX) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

ENVX Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 11, 2025	2025 (Q3)	-0.16 / -	-0.17	―	―	―
Jul 31, 2025	2025 (Q2)	-0.16 / -0.13	-0.14	7.14% (+0.01)	―
Apr 30, 2025	2025 (Q1)	-0.19 / -0.15	-0.31	51.61% (+0.16)
Feb 19, 2025	2024 (Q4)	-0.19 / -0.11	-0.28	60.71% (+0.17)
Oct 29, 2024	2024 (Q3)	-0.21 / -0.17	-0.19	10.53% (+0.02)
Jul 31, 2024	2024 (Q2)	-0.23 / -0.14	-0.19	26.32% (+0.05)
May 01, 2024	2024 (Q1)	-0.31 / -0.31	-0.2	-55.00% (-0.11)
Feb 20, 2024	2023 (Q4)	-0.28 / -0.28	-0.19	-47.37% (-0.09)
Nov 07, 2023	2023 (Q3)	-0.25 / -0.19	-0.15	-26.67% (-0.04)
Jul 26, 2023	2023 (Q2)	-0.22 / -0.19	-0.13	-46.15% (-0.06)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

ENVX Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 31, 2025	$13.40	$10.70	-20.15%
Apr 30, 2025	$6.70	$6.14	-8.36%
Feb 19, 2025	$11.19	$11.48	+2.59%
Oct 29, 2024	$10.63	$10.48	-1.41%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Enovix (ENVX) report earnings?

Enovix (ENVX) is schdueled to report earning on Nov 11, 2025, After Close (Confirmed).

What is Enovix (ENVX) earnings time?

Enovix (ENVX) earnings time is at Nov 11, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is ENVX EPS forecast?

ENVX EPS forecast for the fiscal quarter 2025 (Q3) is -0.16.

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