Enovix develops advanced lithium-ion batteries that use a 3D silicon anode architecture instead of conventional graphite. The design targets higher energy density in a form factor suited to smartphones, wearables, IoT devices, and other compact electronics, with longer-term interest from defense and EV-related applications. Manufacturing is built around proprietary cell architecture and production processes intended to improve cycle life and safety versus earlier silicon approaches. The company supplies and samples cells to device makers seeking more runtime without larger packs.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q1 2025 | 5.1 | — | -23.5 | — |
| Q2 2025 | 7.5 | — | -44.5 | — |
| Q3 2025 | 8 | — | -53.7 | — |
| Q4 2025 | 11.3 | — | -35 | — |
| Q1 2026 | 7.6 | 49.1% | -38.3 | — |
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