Enovix Reports Q3 Revenue of $11.0 Million, 34.5% Non-GAAP Gross Margin

Enovix reported third-quarter 2026 revenue of $11.0 million, up 38% year over year, and a record non-GAAP gross margin of 34.5%. The company recorded a GAAP net loss of $41.9 million and non-GAAP diluted loss per share of $0.15. Enovix also introduced fiscal 2027 revenue guidance of $65 million to…