Enovix Corp (ENVX) Form 10-Q — Aug 12, 2026
Enovix reported Q2 FY2026 revenue of $9.0 million, up 21% year over year, driven mainly by higher defense customer sales, with YTD revenue of $16.6 million up 32%. Net loss was $43.1 million (EPS -$0.20), slightly narrower than the $44.3 million loss a year ago, though YTD losses widened to $81.3 million from $67.8 million. The balance sheet shows $552.1 million of total cash, restricted cash and investments, with working capital of $453.6 million, but cash and equivalents fell to $33.7 million from $106.0 million at year-end and operating cash burn accelerated to $54.9 million YTD.
Key figures
- Revenue
- 9024000
- Total Debt
- 532824000
- Revenue Yoy
- 21% for the quarter; 32% YTD
- Cash Position
- 33741000
- Shares Outstanding
- 219448535
- Sga Q2
- 20154000
- R And DQ2
- 24444000
- Ytd Revenue
- 16624000
- Total Assets
- 799619000
- Total Equity
- 211989000
- Gross Profit Q2
- 1302000
- Working Capital
- 453600000
- Buyback Remaining
- 76600000
- Interest Expense Q2
- 6521000
- Accumulated Deficit
- 1059150000
- Ytd Revenue Growth Pct
- 32
- Drone Defense Pipeline
- 183000000
- Quarter End Stock Price
- 5.36
- Drone Pipeline Growth Pct
- 41
- Smart Eyewear Order Packs
- 50000
- Convertible Notes2028 Rate
- 3.00%
- Convertible Notes2030 Rate
- 4.75%
- Customer ARevenue Share Pct
- 65
- Customer BRevenue Share Pct
- 15
- South Korea Revenue Share Pct
- 70
- Smart Eyewear Packs Shipped Q2
- 2100
- Smart Eyewear Q3 Delivery Packs
- 19000
- Convertible Notes2028 Maturity
- May 1, 2028
- Convertible Notes2030 Maturity
- September 15, 2030
- Convertible Notes2028 Principal
- 172500000
- Convertible Notes2030 Principal
- 360000000
- Total Cash Investments Restricted
- 552100000
- Private Placement Warrants Outstanding
- 5500000
Price after filing
Close on the filing date to close N calendar days later (from $4.73). Historical, not a forecast.
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