Enovix Corp.
- ENVX · Nasdaq
- Miscellaneous Electrical Machinery, Equipment & Supplies
- Fremont, CA
- 664 employees
- CIK 0001828318
Updated from SEC filings through
Top things to know
Executives
-
Ryan A. Benton Interim CEO 4, 2026-09-01 - Rajendra K. Talluri President and CEO 4, 2026-08-11
- Arthi Chakravarthy Chief Legal Officer 4, 2026-09-28
- Kristina Truong Chief Accounting Officer 4, 2026-09-14
- Michael Vyvoda Chief Operating Officer 4, 2026-08-10
- Ajay Marathe Chief Operating Officer 4, 2026-02-18
What leadership is saying
“We are focusing on moving our $216 million drone, defense and industrial pipeline forward into design wins, purchase orders and shipments. The added Korean manufacturing capacity will enable timely delivery of those orders, which in the first part of Q4’26 have already exceeded our Q3’26 total revenue. Meanwhile, year-to-date we have shipped approximately 17,000 production samples to one of our 24 current and prospective smart eyewear customers”
Earnings press release (8-K Ex. 99.1), filed October 13, 2026
Enovix Corp is a U.S. public company in miscellaneous electrical machinery, equipment & supplies (SIC 3690), headquartered in Fremont, CA. It trades as ENVX on Nasdaq. Revenue was $31.8M in the fiscal year ending December 28, 2025, +37.9% from the year before. It reported about 664 employees. Ryan A. Benton is Interim CEO.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| Revenue | $31.8M 10-K, 2026-02-25 | $23.1M 10-K, 2026-02-25 | $7.6M 10-K, 2026-02-25 | $6.2M 10-K, 2025-02-25 | $0 10-K, 2024-02-29 |
| Operating income | -$177M 10-K, 2026-02-25 | -$243M 10-K, 2026-02-25 | -$230M 10-K, 2026-02-25 | -$132M 10-K, 2025-02-25 | -$69.5M 10-K, 2024-02-29 |
| SG&A | $73.0M 10-K, 2026-02-25 | $74.3M 10-K, 2026-02-25 | $79.0M 10-K, 2026-02-25 | $52.0M 10-K, 2025-02-25 | $29.7M 10-K, 2024-02-29 |
| Net income | -$157M 10-K, 2026-02-25 | -$222M 10-K, 2026-02-25 | -$214M 10-K, 2026-02-25 | -$51.6M 10-K, 2025-02-25 | -$126M 10-K, 2024-02-29 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Ryan A. Benton Interim Chief Executive Officer at Enovix Corporation | Interim CEO | 4, 2026-09-01 |
| Rajendra K. Talluri | President and CEO | 4, 2026-08-11 |
| Arthi Chakravarthy Public Company Legal Executive I Non-Profit Board Member | Chief Legal Officer | 4, 2026-09-28 |
| Kristina Truong SVP, CAO Enovix Corporation | Chief Accounting Officer | 4, 2026-09-14 |
| Michael Vyvoda Chief Operating Officer at Enovix Corporation | Chief Operating Officer | 4, 2026-08-10 |
| Ajay Marathe | Chief Operating Officer | 4, 2026-02-18 |
| Bernard Gutmann | Board member (per proxy) bio: Director | DEF 14A, 2026-04-24 |
| Betsy Atkins | Board member (per proxy) bio: Director | DEF 14A, 2026-04-24 |
| Pegah Ebrahimi | Board member (per proxy) bio: Director | DEF 14A, 2026-04-24 |
What Enovix Corp does
Enovix Corporation (the “Company,” “we,” “us,” “our” and “Enovix”) is a global high-performance battery company focused on designing, developing, manufacturing, and commercializing advanced Lithium-ion, or Li-ion, batteries, including proprietary silicon-anode architectures, for smartphones, smart eyewear, defense, industrial and emerging edge-AI applications. Our proprietary silicon-anode battery architecture enables higher energy density and performance relative to conventional battery cells, particularly in space-constrained devices.
Item 1. Business, 10-K for the year ending December 28, 2025
Shares and governance
| Shares outstanding | 219.4 million (as of August 7, 2026) | 10-Q, August 12, 2026 |
|---|---|---|
| Public float | $1.6B (as of June 27, 2025) | 10-K/A, February 26, 2026 |
| Latest proxy statement | Meeting June 11, 2026 (filed April 24, 2026) | DEF 14A, April 24, 2026 |
| Auditor | Deloitte & Touche LLP (San Jose, California) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| January 1, 2026 | Kristina Truong Chief Accounting Officer | Sale | 2,296 | $17K | Form 4, January 5, 2026 |
| October 8, 2025 | Ajay Marathe Chief Operating Officer | Sale | 18,614 | $242K | Form 4, October 9, 2025 |
| October 2, 2025 | Ajay Marathe Chief Operating Officer | Sale | 120,000 | $1.4M | Form 4, October 6, 2025 |
Recent 8-K events
- 8-K filed 2026-11-05
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-11-03
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-10-28
- Item 7.01 Regulation FD disclosure
- Item 8.01 Other events
- 8-K filed 2026-10-22
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-10-13
- Item 2.02 Results of operations and financial condition (earnings release)
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-08-17
- Item 5.02 Departure or appointment of directors or officers; compensation
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-08-12
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-07-09
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-06-12
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-05-13
- Item 2.02 Results of operations and financial condition (earnings release)
Frequently asked questions about Enovix Corp
- What does Enovix Corp do?
- In its own words, from Item 1 of its 10-K: "Enovix Corporation (the “Company,” “we,” “us,” “our” and “Enovix”) is a global high-performance battery company focused on designing, developing, manufacturing, and commercializing advanced Lithium-ion, or Li-ion, batteries, including proprietary silicon-anode architectures, for smartphones, smart eyewear, defense, industrial and emerging edge-AI applications. Our proprietary silicon-anode battery architecture enables higher energy density and performance relative to conventional battery cells, particularly in space-constrained devices."
- What is Enovix Corp's revenue?
- $31.8M for the fiscal year ending December 28, 2025, from its 10-K filed February 25, 2026.
- Is Enovix Corp profitable?
- Enovix Corp reported net income of -$157M for the fiscal year ending December 28, 2025.
- How many employees does Enovix Corp have?
- About 664 as of December 28, 2025, as stated in its annual report.
- Who is the CEO of Enovix Corp?
- Ryan A. Benton, Interim CEO, as named in a 4 filed September 1, 2026.
- Where is Enovix Corp headquartered?
- Fremont, CA.
- What is Enovix Corp's stock ticker?
- ENVX on Nasdaq.
- What industry is Enovix Corp in?
- Miscellaneous Electrical Machinery, Equipment & Supplies, SIC code 3690.
- What is Enovix Corp's website?
- enovix.com.
- When does Enovix Corp report earnings next?
- November 12, 2026 at 13:00. Source: sec_8k.
- Is Enovix Corp a public company?
- Yes. Enovix Corp files with the SEC under CIK 0001828318 and trades as ENVX.
- Who audits Enovix Corp?
- Deloitte & Touche LLP, San Jose, California, as named in its latest annual report (10-K).
- How many shares of Enovix Corp are outstanding?
- 219.4 million shares as of August 7, 2026, from its 10-Q filed August 12, 2026.
- What is Enovix Corp's public float?
- $1.6B as of June 27, 2025, as reported on the cover of its 10-K/A filed February 26, 2026.
- When is Enovix Corp's annual shareholder meeting?
- June 11, 2026, per its proxy statement (DEF 14A) filed April 24, 2026.
- Have Enovix Corp insiders traded stock recently?
- Since October 2, 2025, officers and directors reported 3 open-market sales worth about $1.7M and 0 purchases on Forms 4 and 5. The most recent: Kristina Truong (Chief Accounting Officer) sold 2,296 shares on January 1, 2026.