Enovix says reported $100 million 2027 revenue estimate is not company guidance
ENVX•Enovix said a roughly $100 million 2027 revenue estimate published October 21 was unauthorized and not company guidance. Updated guidance is expected November 12, alongside third-quarter results.
1. Revenue estimate clarification
Enovix said the roughly $100 million revenue estimate for 2027 published October 21, 2026, was unauthorized and not company guidance. The company expects to provide updated financial guidance on November 12, 2026, alongside its third-quarter results.
2. Pipeline and shipments
Enovix said revenue growth is expected primarily from its drone, defense and industrial pipeline, valued at $216 million at the end of the third quarter. It also reported quarter-end shipments of approximately 17,000 production sample cells to a smart eyewear customer, not a smartphone maker, against a 50,000-pack order.
