Enovix to Release Q2 2025 Financial Results on July 31
Rhea-AI Summary
Enovix (Nasdaq: ENVX) has scheduled its Q2 2025 financial results release for July 31, 2025, after market close, followed by a webcast at 5:00 PM ET. The company will showcase a new video featuring its Malaysia Fab2 manufacturing facility, highlighting the first high-volume production line for its AI-1™ smartphone battery.
Chairman T.J. Rodgers emphasized a significant milestone: the successful production of commercial-grade AI-1 batteries with 900+ Wh/L energy density, fast charging capabilities, and enhanced safety features in a smartphone-sized format. The Malaysia facility, supported by engineering teams in Fremont and India, is preparing for broader production ramp-up later in 2025.
Positive
- Successfully established high-volume manufacturing line in Malaysia within 18 months
- Achieved production of commercial-grade AI-1 batteries with 900+ Wh/L energy density
- Manufacturing facility operational and producing to customer specifications
Negative
- Company acknowledges significant work still needed
- Production ramp-up and profitability yet to be achieved
Insights
Enovix reaches significant manufacturing milestone with Malaysia fab producing commercial smartphone batteries, signaling production readiness.
Enovix's announcement provides critical insight into their manufacturing progress. The company has successfully established a high-volume manufacturing line in Malaysia that is now producing AI-1™ smartphone batteries to customer specifications - a significant achievement within just 18 months. This represents the transition from prototype to commercial-grade production capability, which is typically the most challenging phase for battery startups.
The technical specifications mentioned are particularly noteworthy. Their AI-1 battery achieves 900+ Wh/L energy density, which substantially exceeds current lithium-ion batteries in smartphones (typically 700-800 Wh/L). This density advantage, combined with fast charging and safety features, represents a meaningful competitive edge in the premium smartphone market.
What's most significant from a manufacturing perspective is that Enovix appears to have successfully transferred their complex 3D silicon-anode technology from lab/pilot scale to a high-volume production environment. This technology transfer is notoriously difficult for battery innovations. The mention of engineering teams across multiple locations (Fremont, India, Malaysia) suggests they've established the global technical infrastructure needed to support manufacturing at scale.
However, Chairman Rodgers' statement that "we still have a lot of work to do" and the comment about the "next challenge is to ramp it and make money on it" signals they're still in early production phases. Yield rates, production costs, and manufacturing efficiencies will be critical metrics to watch in the upcoming earnings call. The scheduled production ramp "later in 2025" indicates commercial volumes won't meaningfully impact financials until at least Q4 2025 or 2026.
Malaysia Fab2 High-Volume Manufacturing Line Video to be Unveiled
FREMONT, Calif., July 16, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (Nasdaq: ENVX) (“Company” or “Enovix”), a global high-performance battery company, today announced it will release financial results for the second quarter of 2025 on Thursday, July 31, 2025, following the close of the market. The Company will host a live webcast at 5:00 PM ET / 2:00 PM PT to discuss the results and provide business updates.
As part of the call, Enovix will unveil a new video highlighting its state-of-the-art manufacturing facility in Malaysia. The video will highlight the first high-volume manufacturing line recently used to produce Enovix’s AI-1™ smartphone battery, built to customer specifications, as Enovix prepares for broader availability and a production ramp later in 2025. A short preview is available today here.
T.J. Rodgers, Enovix Chairman, said, “The video to be unveiled will show something that didn’t exist 18 months ago: a high-volume manufacturing line in Malaysia, producing AI-1™ smartphone batteries built to customer specifications. We still have a lot of work to do. But one big critical milestone has been met: we’ve produced commercial-grade AI-1 batteries, with 900+ Wh/L energy density, fast charging capabilities, and safety – all in a smartphone-sized format. That’s a step forward for us. Our Malaysia team, with frequent guidance from Raj and support from our engineering teams in both Fremont and India, has turned an engineering vision into a factory reality. The next challenge is to ramp it and make money on it.”
To register for the second quarter results webcast, please visit: https://enovix-q2-2025.open-exchange.net/. This link will also be available in the Investor Relations section of Enovix’s website at https://ir.enovix.com. Investors may also submit questions on the registration page that they would like addressed on the call by Enovix management. An archived version of the call will be available on the Enovix investor website for one year at https://ir.enovix.com.
About Enovix Corporation
Enovix is a leader in advancing lithium-ion battery technology with its proprietary cell architecture designed to deliver higher energy density and improved safety. The Company’s breakthrough silicon-anode batteries are engineered to power a wide range of devices from wearable electronics and mobile communications to industrial and electric vehicle applications. Enovix’s technology enables longer battery life and faster charging, supporting the growing global demand for high-performance energy storage. Enovix holds a robust portfolio of issued and pending patents covering its core battery design, manufacturing process, and system integration innovations. For more information, visit https://www.enovix.com.
Forward‐Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally relate to future events or the Company’s future financial or operating performance and can be identified by words such as anticipate, believe, continue, could, estimate, expect, intend, may, might, plan, possible, potential, predict, should, will, would, and similar expressions that convey uncertainty about future events or outcomes.
Forward-looking statements in this press release include, without limitation, statements regarding the expected ramp-up of operations in Malaysia, the commercialization timeline for the AI-1™ battery, and the Company’s broader business outlook. Actual results and outcomes could differ materially from those expressed in these forward-looking statements due to various risks and uncertainties, including those discussed in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of Enovix’s most recently filed annual report on Form 10-K and quarterly reports on Form 10-Q and other documents filed with the Securities and Exchange Commission. Any forward-looking statements in this press release speak only as of the date on which they are made or released. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Investor Contact:
Robert Lahey
ir@enovix.com
Chief Financial Officer:
Ryan Benton
ryan.benton@enovix.com
FAQ
When will Enovix (ENVX) release Q2 2025 earnings?
What are the key features of Enovix's AI-1 smartphone battery?
Where is Enovix's new manufacturing facility located?
What is the production timeline for Enovix's AI-1 battery?
How can investors access Enovix's Q2 2025 earnings call?
