Enablence Technologies Announces Fourth Quarter and Fiscal Year 2026 Financial Results
Key Highlights
- ➤FY2026 revenue $8.1 million, up 37% year over year
- ➤FY2026 gross margin improved to (16%) from (40%)
- ➤FY2027 revenue guidance $19.0 million-$21.0 million, nearly 150% midpoint growth
- ➤FY2027 gross margin guidance 25%-35%, up approximately 46 points
- ➤Q1 FY2027 revenue guidance approximately US$4.0 million, nearly 500% year-over-year growth
Expert Statements
Todd Haugen, CEO of Enablence Technologies
“I am pleased to report that our Company made significant progress in Fiscal Year 2026 with strong top-line revenue growth and substantial improvement in overall operating performance. Gross margin improvements continued with the Company reporting two consecutive quarters of positive gross margin, while top line momentum was driven by the production ramp of our Fremont fab and the qualification of our second production facility in Vietnam. We expect to see continued improvement in yield and efficiency at both facilities, driving increased production volumes in Fiscal Year 2027 and beyond.”
Todd Haugen, CEO of Enablence Technologies
“We finished the year with strong demand and healthy order books across our three businesses: optical communications, optical sensing and optical computing. Global AI infrastructure builds are driving demand for our legacy datacenter and communications products, and we are making strong inroads in expanding our strategic growth markets, which include LiDAR, advanced vision and artificial intelligence (AI). Fiscal Year 2026 marked another milestone as we exceeded 4,000 wafer starts per month, and we expect to continue that trajectory in Fiscal Year 2027.”
Todd Haugen, CEO of Enablence Technologies
“As we look ahead, our focus in Fiscal Year 2027 is to build on the momentum we captured in Fiscal 2026 as we ramp production capacity at both manufacturing facilities.”
Todd Haugen, CEO of Enablence Technologies
“Our product expansion roadmap will help support the strong demand we are seeing from North American hyperscalers, while driving further penetration into our strategic growth markets. I am pleased that our long-term strategic growth plan is on track, and we are providing Fiscal Year 2027 guidance as follows:”
Steve Cohn, Chief Financial Officer of Enablence Technologies
“Fiscal Year 2026 results highlight the strong operating leverage inherent in our business, as increased production volumes drove meaningful margin gains and overall financial improvement.”
Steve Cohn, Chief Financial Officer of Enablence Technologies
“Given that customer demand continues to outpace our available wafer capacity, we continue to invest in expanding our manufacturing capacity at our Fremont facility. We remain focused on managing our current wafer-capacity constraints while we work to qualify production at our new Vietnam location in the second half of fiscal 2027. We believe that these initiatives will strengthen our ability to deliver on our growth plans and build long-term shareholder value.”
Ottawa, Ontario--(Newsfile Corp. - October 22, 2026) - Enablence Technologies Inc. (TSXV: ENA) ("Enablence" or the "Company"), a leading provider of optical chips and subsystems that perform communications, sensing and computing for datacom, telecom, automotive and artificial intelligence (AI) applications today reported results for its Fourth quarter and Fiscal year ended June 30, 2026. The company has filed its audited financial statements and related management discussion and analysis and certifications (collectively, the "Financial Statements"), which are available on SEDAR (www.sedarplus.ca)
Commenting on the Company's Fiscal Year 2026 financial results, Enablence CEO, Todd Haugen said, "I am pleased to report that our Company made significant progress in Fiscal Year 2026 with strong top-line revenue growth and substantial improvement in overall operating performance. Gross margin improvements continued with the Company reporting two consecutive quarters of positive gross margin, while top line momentum was driven by the production ramp of our Fremont fab and the qualification of our second production facility in Vietnam. We expect to see continued improvement in yield and efficiency at both facilities, driving increased production volumes in Fiscal Year 2027 and beyond."
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