Enovix Corporation announced its preliminary unaudited financial results for the second quarter ended June 29, 2025. The company's revenue reached $7.5 million, surpassing its guidance range of $4.5 million to $6.5 million and nearly doubling from the $3.8 million reported in the second quarter of 2024. This increase was driven by rising customer demand across multiple end markets. The GAAP Gross Profit stood at $0.8 million, with a non-GAAP Gross Profit of $1.2 million, marking a positive shift from the previous year's second-quarter gross losses of $0.7 million and $0.6 million, respectively. Enovix reported a GAAP Operating Loss of $43.8 million and a non-GAAP Operating Loss of $27.8 million, better than its guidance range of $31 million to $37 million and an improvement from the $88.8 million GAAP Operating Loss reported in the second quarter of 2024. The GAAP Net Loss attributable to Enovix was $43.3 million, down from $115.9 million in the same period last year. On a non-GAAP basis, the net loss was $28.4 million, compared to $24.9 million in the previous year. The Adjusted EBITDA Loss narrowed to $21.4 million, ahead of the forecasted range of $23 million to $29 million. Cash, cash equivalents, and short-term investments were approximately $203 million as of June 29, 2025. This included the completion of the SolarEdge asset acquisition in South Korea and other capital expenditure payments primarily related to Fab2. The company continues to build momentum and is positioned for significant scaling with the introduction of new products and customers. Enovix will provide final results in its upcoming Q2 2025 earnings call and webcast scheduled for late July or early August.