Q2 FY2026 EarningsQ2 FY26 results beat consensus on both top and bottom lines: revenue was $9.0M vs. $8.4M expected, and normalized EPS of -$0.13 outperformed the -$0.15 consensus. Non-GAAP gross margin reached 19.9% despite a sequential product mix shift. Q3 FY26 revenue guidance of $9.0M-$10.0M aligns with momentum in smart eyewear and a growing drone/defense pipeline of $183M (+41% QoQ), while smartphone qualification remains on track for Q4 completion.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Enovix(ENVX) the Revenue is 9.024 M (+20.84%), Beat estimate;the EBIT is -43.3 M (+1%), Miss estimate;the EPS is -0.2 (+9.09%), Beat estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
0.01B20.84%
0.01B12.89%
+0.00B7.95%
EBITMiss expectations
-0.04B1.00%
-0.04B8.08%
-0.00B7.08%
EPSExceed expectations
-0.29.09%
-0.20536.70%
+0.00532.39%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf