Enovix Corp (ENVX) reports fifth consecutive quarter of revenue growth, with Smart Eyewear orders jumping nine-fold and drone/defense pipeline expanding to $180 million.
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Enovix (NASDAQ:ENVX) reported second-quarter 2026 revenue at the high end of its guidance and highlighted progress in smartphone battery qualification, an initial commercial ramp in smart eyewear, and expanding drone and defense opportunities. Revenue for the quarter was $9 million, up 21% from a y

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Moby summary of Enovix Corporation's Q1 2026 earnings call
Enovix Corp (ENVX) reports a 49% revenue increase and strategic advancements in battery technology, despite ongoing operational challenges.
Enovix (NASDAQ:ENVX) reported first-quarter 2026 revenue above its guidance range as the battery developer said it is advancing commercial production for smart eyewear, refining smartphone qualification standards with customers and building a larger pipeline in drone, defense and industrial markets.
On smartphones, we align with Honor, an updated qualification framework designed specifically for silicon anode batteries. This framework, which includes revised specifications and testing protocols, better reflects real world usage conditions.