WOLFSPEED, INC. WOLF

Technology SIC 3674 - Semiconductors & Related Devices NAICS Manufacturing › Computer and Electronic Product Manufacturing › Semiconductor and Other Electronic Component Manufacturing › Semiconductor and Related Device Manufacturing derived NYSE

Wolfspeed, Inc. ("Wolfspeed", the "Company", "we", "our", or "us") is an innovator of wide bandgap semiconductors, focused on silicon carbide materials and devices for power applications. Our product families include silicon carbide materials and power devices. Our products are targeted for various applications in the Automotive domain, including electric vehicles and fast charging, as well as existing and emerging applications in the Industrial & Energy domain such as AI data centers, grid modernization and renewable energy and storage as well as aerospace and defense.

The majority of our products are manufactured at our production facilities located in North Carolina, New York and Arkansas. We also use contract manufacturers, some of which include captive lines, for certain products and aspects of product fabrication, assembly and packaging. We operate research and development facilities in North Carolina, Arkansas and New York.

Last close 22.93 2026-10-23
Market cap $1.11B 2026-03-29 share count
52-week range 13.48 - 80.82

Valuation FY2026 figures against the last close

P/S—
P/E—
P/FCF—
EV/EBITDA—
Dividend yield—
Diluted EPS—

Where the revenue comes from as reported in the latest 10-K

Revenue by geography

  • Europe
  • United States
  • Asia Pacific
  • Singapore
  • Hong Kong
  • Japan
  • China
  • Other
Revenue by geography, 8 categories over 2 years. The same figures are in the table below. FY2025 Europe, FY2025: 151.3M (20.0%) 20% Europe United States, FY2025: 135.5M (17.9%) 18% United States Asia Pacific, FY2025: 104.2M (13.8%) 14% Asia Pacific Singapore, FY2025: 104.1M (13.7%) 14% Singapore Hong Kong, FY2025: 99M (13.1%) 13% Hong Kong Japan, FY2025: 91.1M (12.0%) 12% Japan China, FY2025: 70.2M (9.3%) 9% China Other, FY2025: 2.2M (0.3%) FY2024 Europe, FY2024: 295.2M (36.6%) 37% United States, FY2024: 115M (14.2%) 14% Asia Pacific, FY2024: 72.6M (9.0%) 9% Singapore, FY2024: 101.6M (12.6%) 13% Hong Kong, FY2024: 116.4M (14.4%) 14% Japan, FY2024: 63.2M (7.8%) 8% China, FY2024: 41.5M (5.1%) 5% Other, FY2024: 1.7M (0.2%)
Region FY2025FY2024
Europe $151.3M $295.2M
United States $135.5M $115.0M
Asia Pacific $104.2M $72.6M
Singapore $104.1M $101.6M
Hong Kong $99.0M $116.4M
Japan $91.1M $63.2M
China $70.2M $41.5M
Other $2.2M $1.7M

As the company reported it, from the “Revenue Recognition - Schedule of Disaggregation of Revenue (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.

Annual financial statements

Income statement

Fiscal year FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue —$757.6M$807.2M$758.5M$572.1M$525.6M$470.7M$538.2M$328.6M$771.5M
Cost of revenue —$879.2M$729.8M$515.6M$364.0M$361.0M$312.2M$294.5M$183.6M$527.5M
Gross profit —-$121.6M$77.4M$242.9M$208.1M$164.6M$158.5M$243.7M$145.0M$244.0M
R&D —$175.1M$201.9M$165.7M$142.6M$177.8M$152.0M$121.1M$89.8M$113.8M
SG&A —$190.5M$246.4M$214.3M$183.0M$181.6M$181.7M$168.9M$143.8M$145.7M
Total operating expenses ————————$736.7M$453.2M
Operating income —-$1.33B-$445.3M-$311.8M-$203.1M-$313.9M-$224.1M-$93.5M-$120.5M-$20.1M
Interest expense —$315.2M$246.3M$42.6M$25.1M$45.4M$34.9M$26.0M$7.3M—
Pre-tax income —-$1.62B-$572.5M-$259.8M-$241.9M-$340.2M-$205.6M-$122.9M-$110.1M-$7.1M
Income tax —$9.7M$1.1M$700.0K$8.2M$1.1M$8.0M$4.4M$35.2M$81.0M
Net income —-$1.61B-$864.2M-$329.9M-$200.9M-$523.9M-$191.7M-$375.1M-$280.0M-$98.1M
EPS, basic —-11.39-6.88-2.65-1.67-4.66-1.78-3.62-2.81-1.00
EPS, diluted —-11.39-6.88-2.65-1.67-4.66-1.78-3.62-2.81-1.00
Shares, diluted (wtd. avg.) —141.3M125.7M124.4M120.1M112.3M107.9M103.6M99.5M98.5M

Balance sheet

Fiscal year FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash and equivalents $576.3M$467.2M$1.05B$1.76B$449.5M$379.0M$448.8M$500.5M$118.9M$132.6M
Short-term investments $512.3M$488.2M$1.13B$1.20B$749.3M$775.6M$790.9M$550.9M$268.2M$478.3M
Receivables $98.2M$178.8M$147.4M$154.8M$150.2M$95.9M$72.4M$128.9M$86.4M$148.4M
Inventory $234.2M$435.4M$440.7M$284.9M$227.0M$166.6M$121.9M$187.4M$151.6M$284.4M
Total current assets $1.59B$2.54B$3.00B$3.61B$1.76B$1.48B$1.59B$1.41B$890.4M$1.10B
Property, plant and equipment ——————$831.1M$625.2M$589.1M$581.3M
Goodwill —$0$359.2M$359.2M$359.2M$359.2M$349.7M$530.0M$530.0M$618.8M
Other intangibles $392.2M$23.8M$23.9M$23.9M$125.4M$140.5M$156.9M$197.9M$215.8M$274.3M
Total assets $3.00B$6.85B$7.98B$6.59B$3.92B$3.45B$3.23B$2.82B$2.64B$2.65B
Accounts payable $118.5M$280.2M$523.6M$534.5M$307.7M$381.1M$189.8M$200.9M$148.5M—
Short-term debt $0$6.54B$0———————
Total current liabilities $231.6M$7.09B$665.3M$627.9M$388.5M$448.8M$291.2M$268.2M$248.6M$212.0M
Long-term debt $1.69B$6.54B$6.16B————$0$292.0M—
Total liabilities $2.07B$7.30B————————
Retained earnings -$415.8M-$4.54B-$2.93B-$2.06B-$1.76B-$1.56B-$1.04B-$847.5M-$482.7M-$202.7M
Total equity $930.2M-$447.1M$882.1M$1.62B$2.44B$2.12B$2.09B$2.04B$2.07B$2.22B

Cash flow

Fiscal year FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Operating cash flow —-$711.7M-$725.6M-$142.6M-$154.2M-$125.5M-$29.0M$202.3M$173.5M$220.5M
Depreciation and amortisation —$252.1M$181.0M$145.6M$111.5M$120.9M$97.1M$86.2M$62.9M$150.5M
Stock-based compensation —$73.3M$84.9M$72.7M$53.7M$53.2M$47.2M$42.9M$33.0M$47.7M
Capital expenditure —$1.27B$2.27B$949.6M$636.8M$570.5M$229.9M$124.7M$167.1M$86.9M
Investing cash flow —-$268.1M-$1.94B-$1.15B-$391.0M-$448.6M-$486.9M-$227.1M-$423.9M-$145.2M
Financing cash flow —$400.1M$1.96B$2.60B$615.9M$504.1M$464.3M$406.5M$236.5M-$108.7M
Buybacks ———————$0$0$104.0M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000895419-26-000054.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -2B -1B 0 1B Revenue, FY2017: 771.5M Gross profit, FY2017: 244M Net income, FY2017: -98.1M Revenue, FY2018: 328.6M Gross profit, FY2018: 145M Net income, FY2018: -280M Revenue, FY2019: 538.2M Gross profit, FY2019: 243.7M Net income, FY2019: -375.1M Revenue, FY2020: 470.7M Gross profit, FY2020: 158.5M Net income, FY2020: -191.7M Revenue, FY2021: 525.6M Gross profit, FY2021: 164.6M Net income, FY2021: -523.9M Revenue, FY2022: 572.1M Gross profit, FY2022: 208.1M Net income, FY2022: -200.9M Revenue, FY2023: 758.5M Gross profit, FY2023: 242.9M Net income, FY2023: -329.9M Revenue, FY2024: 807.2M Gross profit, FY2024: 77.4M Net income, FY2024: -864.2M Revenue, FY2025: 757.6M Gross profit, FY2025: -121.6M Net income, FY2025: -1.6B FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 FY2026
Fiscal year FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue $771.5M $328.6M $538.2M $470.7M $525.6M $572.1M $758.5M $807.2M $757.6M —
Gross profit $244.0M $145.0M $243.7M $158.5M $164.6M $208.1M $242.9M $77.4M -$121.6M —
Net income -$98.1M -$280.0M -$375.1M -$191.7M -$523.9M -$200.9M -$329.9M -$864.2M -$1.61B —

Recent filings and events

  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Officer or director change Item 5.02
  • Officer or director change Item 5.02
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Other event Item 8.01
  • Results announced Item 2.02
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Unregistered share sale Shares issued outside a registered offering. Dilution, and for a small company often the way it is funded. Item 3.02
  • Other event Item 8.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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