Enovix (NASDAQ: ENVX) COO retirement and preliminary 2025 revenue growth

Rhea-AI Filing Summary

Enovix Corporation filed a current report describing a leadership change and preliminary 2025 revenue information. The company’s Chief Operating Officer, Ajay Marathe, informed Enovix on January 19, 2026 that he will retire effective February 17, 2026. The company states that his decision to retire is not due to any disagreement about its operations, policies or practices.

Enovix also furnished a press release that contains certain preliminary, unaudited financial information about its revenue growth during 2025. That press release is provided as an exhibit and is treated as furnished, not filed, under securities law, meaning it is not automatically subject to certain liability provisions or incorporated into other filings unless specifically referenced.

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Equity research analyst

Enovix discloses COO retirement and furnishes early 2025 revenue growth data.

Enovix reports that Chief Operating Officer Ajay Marathe plans to retire effective February 17, 2026, with the company emphasizing that this decision is not due to disagreements over operations, policies, or practices. This frames the move as an orderly transition rather than a conflict-driven departure, though any change in a senior operating role can still matter for execution continuity.

The company also furnished a press release containing preliminary, unaudited information on revenue growth during 2025. Because this information is furnished under Items 2.02 and 7.01 rather than filed, it is explicitly carved out from certain Exchange Act liabilities and is not automatically incorporated into other securities filings. Subsequent, more detailed periodic reports will provide the finalized financial picture for 2025.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 19, 2026

Enovix Corporation

(Exact Name of Registrant as Specified in Its Charter)

Delaware

001-39753

85-3174357

(State or Other Jurisdiction of Incorporation)

(Commission File Number)

(IRS Employer Identification No.)

3501 W Warren Avenue Fremont, California						94538
(Address of Principal Executive Offices)						(Zip Code)

Registrant’s Telephone Number, Including Area Code: (510) 695-2350

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, par value $0.0001 per share

ENVX

The Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition.

On January 20, 2026, Enovix Corporation (the “Company”) issued a press release that includes certain preliminary, unaudited financial information relating to the Company’s revenue growth during 2025. A copy of the Company’s press release is furnished as Exhibit 99.1 and is incorporated herein by reference.

The information furnished pursuant to Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1 hereto, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except as may be expressly set forth by specific reference in such filing.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Retirement of Ajay Marathe

On January 19, 2026, Ajay Marathe, the Chief Operating Officer of the Company informed the Company of his decision to retire, effective February 17, 2026. Mr. Marathe’s decision to retire is not the result of any disagreement with the Company regarding the Company’s operations, policies or practices.

Item 7.01 Regulation FD Disclosure

A copy of the Company’s press release announcing the retirement of Mr. Marathe and certain preliminary, unaudited financial information relating to the Company’s revenue growth during 2025 is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

The information furnished pursuant to Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1 hereto, shall not be deemed to be “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that Section, and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act or the Exchange Act, except as may be expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit Number						Description
99.1						Press Release dated January 20, 2026.
104						Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

									Enovix Corporation
Date:			January 20, 2026			By:			/s/ Arthi Chakravarthy
									Arthi Chakravarthy Chief Legal Officer and Head of Corporate Development

FAQ

What leadership change did Enovix (ENVX) disclose in this 8-K?

Enovix disclosed that its Chief Operating Officer, Ajay Marathe, informed the company on January 19, 2026 of his decision to retire, with an effective retirement date of February 17, 2026.

Did Enovix say the COO retirement was due to any disagreement with the company?

No. Enovix stated that Mr. Marathe’s decision to retire is not the result of any disagreement with the company regarding its operations, policies, or practices.

What financial information about 2025 did Enovix provide in this filing?

Enovix furnished a press release that includes preliminary, unaudited financial information relating to the company’s revenue growth during 2025, attached as Exhibit 99.1.

How is the preliminary 2025 revenue information treated under securities laws?

The preliminary 2025 revenue information, provided in Exhibit 99.1, is furnished, not filed, under Items 2.02 and 7.01, meaning it is not automatically subject to Section 18 liability or incorporated into other filings unless specifically referenced.

What exhibits did Enovix (ENVX) include with this 8-K?

Enovix included Exhibit 99.1, a press release dated January 20, 2026, and Exhibit 104, the cover page interactive data file embedded within the Inline XBRL document.

Which topics does the Enovix 8-K cover under specific SEC items?

The 8-K covers Results of Operations and Financial Condition under Item 2.02, the retirement of the Chief Operating Officer under Item 5.02, and a Regulation FD disclosure under Item 7.01.