---
title: "ENVX: Q2 revenue up 21% YoY, strong segment progress, and $552M cash reserves support growth"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295708666.md"
description: "Revenue grew 21% YoY to $9.0M, with strong progress in smartphone qualification, eyewear shipments, and a 41% pipeline increase in drones/defense. Non-GAAP gross margin was 19.9%, and cash reserves rose to $552.1M. Q3 guidance projects up to $10M revenue.Original document: Enovix Corporation [ENVX] Slides Release — Aug. 12 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source."
datetime: "2026-08-12T20:53:37.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295708666.md)
  - [en](https://longbridge.com/en/news/295708666.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295708666.md)
generator: "portal-rs"
---

# ENVX: Q2 revenue up 21% YoY, strong segment progress, and $552M cash reserves support growth

Revenue grew 21% YoY to $9.0M, with strong progress in smartphone qualification, eyewear shipments, and a 41% pipeline increase in drones/defense. Non-GAAP gross margin was 19.9%, and cash reserves rose to $552.1M. Q3 guidance projects up to $10M revenue.

Original document: Enovix Corporation \[ENVX\] Slides Release — Aug. 12 2026

**Disclaimer**

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**