Enablence Technologies Reports Strong FY2026 Revenue Growth

Enablence Technologies Inc., a leading supplier of planar lightwave circuit (PLC) optical chips for datacom, telecommunications, artificial intelligence (AI), and advanced vision applications, has announced its preliminary, unaudited financial results for the fiscal year ended June 30, 2026, and provided guidance for the fiscal year 2027.

In the fiscal year 2026, Enablence made significant progress, reporting strong top-line revenue growth and an improvement in operating performance. The company noted its first positive gross-margin quarter, with gross margins improving from a loss of 40% in the fiscal year 2025 to a range of -12% to -18% in FY2026. This improvement was driven by the continued ramp-up of its Fremont fab and growing product revenue contributions from strategic growth markets such as LiDAR, advanced vision, and artificial intelligence. These factors supported the expansion of Enablence's three business segments: communications, sensing, and compute.

For the full fiscal year ending June 30, 2026, Enablence expects revenue to be between US$7.9 million and US$8.1 million, reflecting the scalability of its model with growing capacity and higher production volumes. The company also expects to exceed its goal of 4,000 wafer starts per month by the end of calendar year 2026, and to surpass 4,500 wafer starts per month by the end of calendar year 2027.

For fiscal year 2027, Enablence is providing guidance with revenue expected to be between US$19 million and US$21 million, representing a 150% year-over-year growth at the midpoint. The company anticipates gross margins to be between 25% to 35%, compared to -12% to -18% in FY2026. Enablence also expects to exceed monthly wafer starts of 4,500 wafers per month by the end of calendar year 2027.

Enablence continues to see robust market demand for the coming fiscal years, with the expectation that wafer capacity constraints will be alleviated in the second half of fiscal 2027 as a second manufacturing location is qualified. The company remains committed to managing its current wafer capacity constraints while working towards expanding its manufacturing capabilities.

In summary, Enablence Technologies Inc. is on track to achieve significant growth in the coming fiscal year, driven by strong revenue and gross margin improvements, and a focus on expanding its manufacturing capacity to meet increasing demand.