Enablence GAAP gross margin narrows to -(12)% to -(18)% in FY26 from -(40)% in FY25; FY26 revenue rises to US$7.9 million-US$8.1 million

• Enablence posted preliminary unaudited FY2026 revenue of US$7.9 million to US$8.1 million, while GAAP gross margin narrowed to -(12)% to -(18)%.
• GAAP gross margin improved from (40)% in FY2025, a swing of 22 to 28 percentage points.
• FY2027 guidance calls for revenue of US$19 million to US$21 million, representing 150% year-over-year growth at the midpoint.
• FY2027 GAAP gross margin is forecast at 25% to 35%, with wafer starts expected to exceed 4,500 per month by end-2027.
• Management cited Fremont fab and Vietnam assembly ramp, noted temporary wafer-capacity constraints, and targeted qualifying a second manufacturing location in 2H FY2027.

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