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Navitas Semiconductor (NVTS) Financials

Navitas Semiconductor logo
$6.08 +0.44 (+7.80%)
Closing price 09/11/2025 04:00 PM Eastern
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Annual Income Statements for Navitas Semiconductor

Annual Income Statements for Navitas Semiconductor

This table shows Navitas Semiconductor's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2020 2021 2022 2023 2024
Period end date 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders
-19 -153 74 -145 -85
Consolidated Net Income / (Loss)
-19 -153 73 -146 -85
Net Income / (Loss) Continuing Operations
-19 -153 73 -146 -85
Total Pre-Tax Income
-19 -153 50 -146 -89
Total Operating Income
-19 -69 -124 -118 -131
Total Gross Profit
3.72 11 12 31 28
Total Revenue
12 24 38 79 83
Operating Revenue
12 24 38 79 83
Total Cost of Revenue
8.13 13 26 48 55
Operating Cost of Revenue
8.13 13 26 48 55
Total Operating Expenses
23 79 136 149 159
Selling, General & Admin Expense
9.47 51 78 62 63
Research & Development Expense
13 27 50 69 76
Amortization Expense
- 0.35 6.91 19 19
Restructuring Charge
- - - 0.00 1.22
Total Other Income / (Expense), net
-0.24 -84 174 -28 42
Interest & Investment Income
-0.24 -0.26 1.39 5.37 5.08
Other Income / (Expense), net
0.00 -84 172 -34 37
Income Tax Expense
0.01 0.05 -23 -0.52 -0.34
Other Gains / (Losses), net
- - - 0.00 3.91
Net Income / (Loss) Attributable to Noncontrolling Interest
- 0.00 -1.03 -0.52 0.00
Basic Earnings per Share
($1.17) ($3.90) $0.55 ($0.86) ($0.46)
Weighted Average Basic Shares Outstanding
16.25M 39.17M 133.67M 168.93M 182.46M
Diluted Earnings per Share
($1.17) ($3.90) $0.51 ($0.86) ($0.46)
Weighted Average Diluted Shares Outstanding
16.25M 39.17M 145.74M 168.93M 182.46M
Weighted Average Basic & Diluted Shares Outstanding
- 122.86M 160.89M 179.25M 190.53M

Quarterly Income Statements for Navitas Semiconductor

This table shows Navitas Semiconductor's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025
Period end date 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025
Net Income / (Loss) Attributable to Common Shareholders
-7.13 -62 -59 7.52 -33 0.00 0.00 -19 -40 0.00 0.00
Consolidated Net Income / (Loss)
-7.91 -62 -59 7.52 -33 -3.68 -22 -19 -40 -17 -49
Net Income / (Loss) Continuing Operations
-7.91 -62 -59 7.52 -33 -3.68 -22 -19 -40 -17 -49
Total Pre-Tax Income
-21 -62 -59 7.54 -33 -3.61 -22 -19 -44 -16 -49
Total Operating Income
-31 -35 -27 -29 -27 -32 -31 -29 -39 -25 -22
Total Gross Profit
5.01 5.49 7.49 7.10 11 9.52 7.99 8.61 2.22 5.31 2.33
Total Revenue
12 13 18 22 26 23 20 22 18 14 14
Operating Revenue
12 13 18 22 26 23 20 22 18 14 14
Total Cost of Revenue
7.34 7.87 11 15 15 14 12 13 16 8.71 12
Operating Cost of Revenue
7.34 7.87 11 15 15 14 12 13 16 8.71 12
Total Operating Expenses
36 41 35 36 38 41 39 38 41 31 24
Selling, General & Admin Expense
16 19 13 14 15 16 15 15 16 12 7.75
Research & Development Expense
16 17 17 17 18 20 19 18 19 13 11
Amortization Expense
4.50 4.50 4.77 4.77 4.77 4.77 4.77 4.72 4.66 4.73 4.73
Restructuring Charge
- - - - - 0.00 0.00 - - 1.47 0.00
Total Other Income / (Expense), net
10 -27 -31 36 -6.29 28 8.87 10 -5.37 8.84 -27
Interest & Investment Income
0.72 0.90 0.81 1.70 1.96 1.68 1.29 1.17 0.94 0.71 0.78
Other Income / (Expense), net
9.62 -28 -32 34 -8.25 26 7.58 9.20 -6.31 8.13 -28
Income Tax Expense
-13 0.06 -0.10 0.02 -0.51 0.07 0.06 0.13 -0.60 0.08 0.05
Other Gains / (Losses), net
- - - - - 0.00 0.00 - - -0.28 -0.23
Net Income / (Loss) Attributable to Noncontrolling Interest
-0.79 -0.52 0.00 0.00 - 0.00 0.00 0.00 - 0.00 0.00
Basic Earnings per Share
($0.15) ($0.39) ($0.35) $0.04 ($0.16) ($0.02) ($0.12) ($0.10) ($0.22) ($0.09) ($0.25)
Weighted Average Basic Shares Outstanding
133.67M 156.79M 165.61M 175.10M 168.93M 179.78M 183.13M 184.67M 182.46M 187.78M 198.96M
Diluted Earnings per Share
($0.12) ($0.39) ($0.35) $0.04 ($0.16) ($0.02) ($0.12) ($0.10) ($0.22) ($0.09) ($0.25)
Weighted Average Diluted Shares Outstanding
145.74M 156.79M 165.61M 185.63M 168.93M 179.78M 183.13M 184.67M 182.46M 187.78M 198.96M
Weighted Average Basic & Diluted Shares Outstanding
160.89M 160.93M 173.72M 178.49M 179.25M 183.10M 183.46M 186.80M 190.53M 191.81M 213.11M

Annual Cash Flow Statements for Navitas Semiconductor

This table details how cash moves in and out of Navitas Semiconductor's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2020 2021 2022 2023 2024
Period end date 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Change in Cash & Equivalents
33 229 -158 43 -65
Net Cash From Operating Activities
-21 -42 -44 -41 -59
Net Cash From Continuing Operating Activities
-21 -42 -44 -41 -59
Net Income / (Loss) Continuing Operations
-19 -153 73 -146 -85
Consolidated Net Income / (Loss)
-19 -153 73 -146 -85
Depreciation Expense
0.34 0.41 0.98 2.16 2.97
Amortization Expense
0.20 -0.04 6.88 19 19
Non-Cash Adjustments To Reconcile Net Income
1.07 125 -105 87 4.59
Changes in Operating Assets and Liabilities, net
-3.19 -15 -21 -3.59 -0.71
Net Cash From Investing Activities
-0.22 -3.47 -108 -5.78 -9.27
Net Cash From Continuing Investing Activities
-0.22 -3.47 -108 -5.78 -9.27
Purchase of Property, Plant & Equipment
-0.22 -2.07 -4.64 -4.78 -6.77
Purchase of Investments
0.00 - 0.00 -1.00 -2.50
Net Cash From Financing Activities
54 275 -5.81 90 3.50
Net Cash From Continuing Financing Activities
54 275 -5.81 90 3.50
Repurchase of Common Equity
0.00 -25 -0.59 -0.48 0.00
Issuance of Common Equity
0.03 0.52 1.71 90 3.50
Cash Income Taxes Paid
0.00 0.03 0.19 0.16 0.30

Quarterly Cash Flow Statements for Navitas Semiconductor

This table details how cash moves in and out of Navitas Semiconductor's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025
Period end date 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025
Net Change in Cash & Equivalents
-14 -9.51 77 -1.05 -24 -23 -18 -13 -10 -13 86
Net Cash From Operating Activities
-8.96 -7.92 -9.28 -0.24 -24 -20 -15 -14 -10 -14 -11
Net Cash From Continuing Operating Activities
-8.96 -7.92 -9.28 -0.24 -24 -20 -15 -14 -10 -14 -11
Net Income / (Loss) Continuing Operations
-7.91 -62 -59 7.52 -33 -3.68 -22 -19 -40 -17 -49
Consolidated Net Income / (Loss)
-7.91 -62 -59 7.52 -33 -3.68 -22 -19 -40 -17 -49
Depreciation Expense
0.35 0.51 0.48 0.57 0.61 0.72 0.73 0.75 0.77 0.81 0.87
Amortization Expense
4.46 4.54 4.82 4.69 4.77 4.77 4.77 4.72 4.66 4.73 4.73
Non-Cash Adjustments To Reconcile Net Income
4.51 45 45 -23 20 -12 5.02 4.90 6.73 -0.05 27
Changes in Operating Assets and Liabilities, net
-10 4.40 -1.27 9.80 -17 -9.55 -3.31 -5.36 18 -2.19 4.94
Net Cash From Investing Activities
-1.16 -1.82 -0.89 -1.71 -1.37 -5.40 -2.74 -0.57 -0.56 -0.04 -0.63
Net Cash From Continuing Investing Activities
-1.16 -1.82 -0.89 -1.71 -1.37 -5.40 -2.74 -0.57 -0.56 -0.04 -0.63
Purchase of Property, Plant & Equipment
-1.16 -0.82 -0.89 -1.71 -1.37 -2.90 -2.74 -0.57 -0.56 -0.04 -0.68
Net Cash From Financing Activities
-4.33 0.22 87 0.90 1.45 2.02 0.18 0.91 0.38 0.95 98
Net Cash From Continuing Financing Activities
-4.33 0.22 87 0.90 1.45 2.02 0.18 0.91 0.38 0.95 98
Issuance of Common Equity
0.20 0.22 88 0.90 1.45 2.02 0.18 0.91 0.38 0.95 101
Cash Income Taxes Paid
-0.17 0.01 -0.01 0.06 0.10 0.03 0.09 0.08 0.10 0.06 0.12

Annual Balance Sheets for Navitas Semiconductor

This table presents Navitas Semiconductor's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2020 2021 2022 2023 2024
Period end date 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Total Assets
49 296 425 486 390
Total Current Assets
47 291 142 206 120
Cash & Equivalents
39 268 110 152 87
Accounts Receivable
4.15 8.26 9.13 26 14
Inventories, net
3.40 12 19 22 15
Prepaid Expenses
0.52 2.88 3.62 6.18 4.07
Plant, Property, & Equipment, net
0.72 2.30 6.53 9.15 15
Total Noncurrent Assets
0.84 1.93 277 270 254
Noncurrent Note & Lease Receivables
0.22 0.21 - - 1.50
Goodwill
- 0.00 162 163 163
Intangible Assets
0.52 0.17 106 91 72
Other Noncurrent Operating Assets
0.10 1.55 9.44 16 17
Total Liabilities & Shareholders' Equity
49 296 425 486 390
Total Liabilities
11 230 41 105 42
Total Current Liabilities
6.37 11 20 48 21
Accounts Payable
3.70 4.86 15 25 11
Current Employee Benefit Liabilities
1.67 2.64 3.91 11 8.62
Other Current Liabilities
- 0.03 1.31 1.89 1.77
Total Noncurrent Liabilities
5.06 219 20 56 21
Capital Lease Obligations
- - - - 0.00
Noncurrent Deferred & Payable Income Tax Liabilities
- 0.00 1.82 1.04 0.44
Other Noncurrent Operating Liabilities
0.09 216 18 55 20
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
-72 66 385 381 348
Total Preferred & Common Equity
-72 66 381 381 348
Total Common Equity
-72 66 381 381 348
Common Stock
3.56 294 536 681 733
Retained Earnings
-76 -229 -155 -300 -385
Accumulated Other Comprehensive Income / (Loss)
-0.00 -0.00 -0.01 -0.01 -0.01

Quarterly Balance Sheets for Navitas Semiconductor

This table presents Navitas Semiconductor's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q2 2022 Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025
Period end date 6/30/2022 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025
Total Assets
286 443 416 499 494 468 439 419 371 449
Total Current Assets
266 156 130 216 215 191 165 145 108 193
Cash & Equivalents
241 125 101 178 177 130 112 99 75 161
Accounts Receivable
9.41 11 7.42 15 18 22 23 21 12 12
Inventories, net
14 17 19 19 16 33 25 21 16 15
Prepaid Expenses
2.34 3.39 2.88 4.29 4.51 6.02 4.75 4.16 4.68 4.08
Plant, Property, & Equipment, net
4.27 5.72 6.84 7.26 8.39 12 13 13 15 15
Total Noncurrent Assets
16 281 279 276 271 265 261 261 248 242
Noncurrent Note & Lease Receivables
- - - - - - - 5.21 0.48 1.08
Goodwill
1.18 160 161 163 163 163 163 163 163 163
Intangible Assets
0.42 110 106 101 96 86 82 77 67 63
Other Noncurrent Operating Assets
14 11 12 12 11 15 16 16 17 15
Total Liabilities & Shareholders' Equity
286 443 416 499 494 468 439 419 371 449
Total Liabilities
39 61 71 116 91 70 51 39 29 61
Total Current Liabilities
16 19 23 36 45 42 29 26 19 23
Accounts Payable
6.30 9.31 14 18 15 24 13 14 14 17
Current Employee Benefit Liabilities
4.91 4.92 7.71 6.71 15 7.59 7.75 8.50 3.27 4.40
Other Current Liabilities
1.17 1.21 2.15 12 1.35 1.86 1.89 1.87 1.77 2.10
Total Noncurrent Liabilities
24 42 48 80 45 28 22 13 9.70 37
Capital Lease Obligations
- - - - - - - - - 0.62
Noncurrent Deferred & Payable Income Tax Liabilities
- 13 1.83 1.83 1.83 1.04 1.04 1.04 0.43 0.41
Other Noncurrent Operating Liabilities
22 28 46 78 43 27 21 12 9.27 36
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
247 382 345 383 403 398 388 381 342 389
Total Preferred & Common Equity
247 378 345 383 403 398 388 381 342 389
Total Common Equity
247 378 345 383 403 398 388 381 342 389
Common Stock
362 525 561 659 671 702 714 726 743 840
Retained Earnings
-115 -148 -217 -275 -268 -304 -326 -345 -402 -451
Accumulated Other Comprehensive Income / (Loss)
-0.06 -0.01 -0.01 -0.01 -0.01 -0.01 -0.01 -0.01 -0.01 -0.01

Annual Metrics And Ratios for Navitas Semiconductor

This table displays calculated financial ratios and metrics derived from Navitas Semiconductor's official financial filings.

Metric 2020 2021 2022 2023 2024
Period end date 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Growth Metrics
- - - - -
Revenue Growth
0.00% 100.32% 59.85% 109.41% 4.84%
EBITDA Growth
0.00% -732.28% 137.20% -331.42% 44.95%
EBIT Growth
0.00% -710.41% 131.95% -411.86% 38.14%
NOPAT Growth
0.00% -264.35% -275.27% 54.05% -10.62%
Net Income Growth
0.00% -701.75% 147.74% -300.24% 42.04%
EPS Growth
0.00% -233.33% 113.08% -268.63% 46.51%
Operating Cash Flow Growth
0.00% -102.18% -6.71% 7.01% -42.16%
Free Cash Flow Firm Growth
0.00% 0.00% -527.67% 94.31% -235.25%
Invested Capital Growth
0.00% -4,779.73% 240.15% -16.65% 14.23%
Revenue Q/Q Growth
0.00% 0.00% 15.22% 20.85% -8.84%
EBITDA Q/Q Growth
0.00% 0.00% 221.52% -10.92% -16.51%
EBIT Q/Q Growth
0.00% 0.00% 198.47% -9.73% -12.26%
NOPAT Q/Q Growth
0.00% 0.00% -100.31% 3.59% -10.29%
Net Income Q/Q Growth
0.00% 0.00% 286.67% -20.34% -9.42%
EPS Q/Q Growth
0.00% 0.00% 131.10% -4.88% -15.00%
Operating Cash Flow Q/Q Growth
0.00% 0.00% 15.15% -56.73% 17.49%
Free Cash Flow Firm Q/Q Growth
0.00% 0.00% 0.00% 26.87% 10.45%
Invested Capital Q/Q Growth
0.00% 0.00% 4.81% 0.91% -7.42%
Profitability Metrics
- - - - -
Gross Margin
31.35% 45.02% 31.49% 39.10% 34.02%
EBITDA Margin
-154.14% -640.41% 149.02% -164.69% -86.48%
Operating Margin
-158.69% -288.62% -325.85% -148.68% -156.87%
EBIT Margin
-158.69% -641.98% 128.32% -191.09% -112.76%
Profit (Net Income) Margin
-160.72% -643.26% 192.10% -183.69% -101.56%
Tax Burden Percent
100.03% 100.03% 145.56% 99.65% 95.22%
Interest Burden Percent
101.26% 100.17% 102.85% 96.46% 94.59%
Effective Tax Rate
0.00% 0.00% -45.56% 0.00% 0.00%
Return on Invested Capital (ROIC)
-314.58% 0.00% -457.78% -32.87% -37.34%
ROIC Less NNEP Spread (ROIC-NNEP)
-296.70% 0.00% -593.84% 15.38% -43.10%
Return on Net Nonoperating Assets (RNNOA)
263.23% 0.00% 490.15% -5.27% 14.11%
Return on Equity (ROE)
-51.36% -297.58% 32.37% -38.14% -23.22%
Cash Return on Invested Capital (CROIC)
0.00% 0.00% -236.93% -14.71% -50.62%
Operating Return on Assets (OROA)
-38.76% -88.57% 13.51% -33.34% -21.46%
Return on Assets (ROA)
-39.26% -88.74% 20.22% -32.05% -19.33%
Return on Common Equity (ROCE)
100.30% 19.97% 32.11% -37.96% -23.22%
Return on Equity Simple (ROE_SIMPLE)
26.30% -232.98% 19.12% -38.35% -24.31%
Net Operating Profit after Tax (NOPAT)
-13 -48 -180 -83 -91
NOPAT Margin
-111.08% -202.04% -474.29% -104.07% -109.81%
Net Nonoperating Expense Percent (NNEP)
-17.88% -71.19% 136.06% -48.25% 5.76%
Return On Investment Capital (ROIC_SIMPLE)
- - - -21.73% -26.28%
Cost of Revenue to Revenue
68.65% 54.98% 68.51% 60.90% 65.98%
SG&A Expenses to Revenue
79.91% 216.44% 206.50% 77.47% 75.46%
R&D to Revenue
110.13% 115.75% 132.61% 86.62% 91.24%
Operating Expenses to Revenue
190.04% 333.65% 357.34% 187.77% 190.89%
Earnings before Interest and Taxes (EBIT)
-19 -152 49 -152 -94
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-18 -152 57 -131 -72
Valuation Ratios
- - - - -
Price to Book Value (P/BV)
0.00 30.56 1.41 3.78 1.92
Price to Tangible Book Value (P/TBV)
0.00 30.64 4.73 11.40 5.92
Price to Revenue (P/Rev)
18.57 84.37 14.19 18.13 8.01
Price to Earnings (P/E)
0.00 0.00 7.29 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 13.72% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
70.89 0.00 1.57 5.63 2.22
Enterprise Value to Revenue (EV/Rev)
25.03 73.36 11.38 16.22 6.96
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 7.64 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 8.87 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 11.45 0.00 0.00 0.00
Leverage & Solvency
- - - - -
Debt to Equity
0.16 0.11 0.00 0.00 0.00
Long-Term Debt to Equity
0.13 0.06 0.00 0.00 0.00
Financial Leverage
-0.89 -2.87 -0.83 -0.34 -0.33
Leverage Ratio
1.31 3.35 1.60 1.19 1.20
Compound Leverage Factor
1.32 3.36 1.65 1.15 1.14
Debt to Total Capital
13.87% 9.55% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital
2.32% 4.42% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
11.55% 5.13% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
254.35% 0.00% 0.94% 0.00% 0.00%
Common Equity to Total Capital
-168.22% 90.45% 99.06% 100.00% 100.00%
Debt to EBITDA
-0.33 -0.05 0.00 0.00 0.00
Net Debt to EBITDA
1.80 1.72 0.00 0.00 0.00
Long-Term Debt to EBITDA
-0.27 -0.02 0.00 0.00 0.00
Debt to NOPAT
-0.45 -0.14 0.00 0.00 0.00
Net Debt to NOPAT
2.50 5.45 0.00 0.00 0.00
Long-Term Debt to NOPAT
-0.38 -0.08 0.00 0.00 0.00
Altman Z-Score
9.33 3.66 8.28 6.89 7.88
Noncontrolling Interest Sharing Ratio
295.31% 106.71% 0.81% 0.47% 0.00%
Liquidity Ratios
- - - - -
Current Ratio
7.37 27.16 6.98 4.25 5.69
Quick Ratio
6.76 25.78 5.87 3.67 4.76
Cash Flow Metrics
- - - - -
Free Cash Flow to Firm (FCFF)
0.00 152 -650 -37 -124
Operating Cash Flow to CapEx
-9,248.88% -2,016.44% -958.16% -865.31% -868.75%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - -
Asset Turnover
0.24 0.14 0.11 0.17 0.19
Accounts Receivable Turnover
2.85 3.82 4.36 4.54 4.18
Inventory Turnover
2.39 1.70 1.68 2.34 2.92
Fixed Asset Turnover
16.41 15.70 8.59 10.13 6.78
Accounts Payable Turnover
2.20 3.05 2.66 2.46 3.10
Days Sales Outstanding (DSO)
127.90 95.46 83.64 80.36 87.28
Days Inventory Outstanding (DIO)
152.75 215.11 217.90 155.74 125.22
Days Payable Outstanding (DPO)
165.94 119.68 136.99 148.56 117.85
Cash Conversion Cycle (CCC)
114.71 190.89 164.56 87.53 94.64
Capital & Investment Metrics
- - - - -
Invested Capital
4.18 -196 274 229 261
Invested Capital Turnover
2.83 -0.25 0.97 0.32 0.34
Increase / (Decrease) in Invested Capital
0.00 -200 470 -46 33
Enterprise Value (EV)
297 1,741 432 1,289 580
Market Capitalization
220 2,003 539 1,440 667
Book Value per Share
($4.46) $0.56 $2.48 $2.13 $1.86
Tangible Book Value per Share
($4.49) $0.56 $0.74 $0.71 $0.60
Total Capital
43 72 385 381 348
Total Debt
5.97 6.92 0.00 0.00 0.00
Total Long-Term Debt
4.97 3.72 0.00 0.00 0.00
Net Debt
-33 -261 -110 -152 -87
Capital Expenditures (CapEx)
0.22 2.07 4.64 4.78 6.77
Debt-free, Cash-free Net Working Capital (DFCFNWC)
2.71 16 11 5.78 12
Debt-free Net Working Capital (DFNWC)
42 284 122 158 99
Net Working Capital (NWC)
41 281 122 158 99
Net Nonoperating Expense (NNE)
5.88 105 -253 63 -6.87
Net Nonoperating Obligations (NNO)
-33 -261 -110 -152 -87
Total Depreciation and Amortization (D&A)
0.54 0.37 7.86 21 22
Debt-free, Cash-free Net Working Capital to Revenue
22.89% 65.68% 30.20% 7.28% 14.87%
Debt-free Net Working Capital to Revenue
350.92% 1,195.83% 321.00% 198.44% 118.99%
Net Working Capital to Revenue
342.48% 1,182.35% 321.00% 198.44% 118.99%
Earnings Adjustments
- - - - -
Adjusted Basic Earnings per Share
$0.00 ($3.90) $0.55 $0.00 ($0.46)
Adjusted Weighted Average Basic Shares Outstanding
0.00 39.17M 133.67M 0.00 182.46M
Adjusted Diluted Earnings per Share
$0.00 ($3.90) $0.51 $0.00 ($0.46)
Adjusted Weighted Average Diluted Shares Outstanding
0.00 39.17M 145.74M 0.00 182.46M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
0.00 122.86M 160.89M 0.00 190.53M
Normalized Net Operating Profit after Tax (NOPAT)
-13 -48 -87 -83 -91
Normalized NOPAT Margin
-111.08% -202.04% -228.09% -104.07% -108.78%
Pre Tax Income Margin
-160.68% -643.07% 131.97% -184.34% -106.66%
Debt Service Ratios
- - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
0.00% -16.35% 0.81% -0.33% 0.00%

Quarterly Metrics And Ratios for Navitas Semiconductor

This table displays calculated financial ratios and metrics derived from Navitas Semiconductor's official financial filings.

Metric Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025
Period end date 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025
Growth Metrics
- - - - - - - - - - -
Revenue Growth
68.29% 98.19% 109.76% 114.57% 111.01% 73.49% 13.32% -1.35% -31.01% -39.51% -29.21%
EBITDA Growth
86.00% -172.67% -257.51% 127.03% -76.82% 100.35% 66.65% -228.87% -34.42% -5,830.05% -143.57%
EBIT Growth
81.97% -179.19% -274.51% 113.41% -62.37% 91.63% 60.36% -438.22% -29.27% -224.45% -110.48%
NOPAT Growth
13.11% 29.05% 4.02% -9.00% 14.12% 10.97% -14.37% 28.98% -45.51% 19.86% 30.46%
Net Income Growth
93.40% -178.16% -272.97% 122.90% -311.65% 94.10% 61.85% -349.10% -22.35% -357.19% -119.79%
EPS Growth
94.71% -163.93% -234.62% 116.67% -33.33% 94.87% 65.71% -350.00% -37.50% -350.00% -108.33%
Operating Cash Flow Growth
47.01% 25.29% -19.22% 98.58% -167.15% -149.79% -63.02% -5,525.00% 57.43% 31.59% 25.74%
Free Cash Flow Firm Growth
0.00% -232.30% -215.71% 109.76% 105.48% 85.29% 56.70% -1,243.88% -322.13% 65.28% 135.39%
Invested Capital Growth
240.15% 608.49% 1,658.28% -13.44% -16.65% 10.03% 34.25% 24.51% 14.23% -0.58% -17.31%
Revenue Q/Q Growth
20.56% 8.17% 35.21% 21.68% 18.56% -11.06% -11.68% 5.93% -17.08% -22.03% 3.37%
EBITDA Q/Q Growth
59.17% -246.72% 6.93% 120.51% -367.11% 100.68% -8,994.09% 20.74% -178.62% 70.83% -278.06%
EBIT Q/Q Growth
50.49% -192.83% 5.98% 109.84% -699.40% 84.90% -345.04% 16.05% -129.09% 62.09% -188.71%
NOPAT Q/Q Growth
16.64% -13.67% 23.24% -49.86% 34.32% -17.84% 1.39% 6.95% -34.57% 35.10% 14.43%
Net Income Q/Q Growth
75.89% -688.03% 6.15% 112.85% -533.28% 88.70% -506.57% 16.11% -112.81% 57.78% -191.61%
EPS Q/Q Growth
50.00% -225.00% 10.26% 111.43% -500.00% 87.50% -500.00% 16.67% -120.00% 59.09% -177.78%
Operating Cash Flow Q/Q Growth
47.77% 11.61% -17.15% 97.37% -9,710.25% 17.35% 23.55% 9.26% 25.76% -32.81% 17.00%
Free Cash Flow Firm Q/Q Growth
-624.58% 35.67% 32.70% 103.11% 306.34% -272.81% -98.11% 17.77% 21.10% 72.99% 301.91%
Invested Capital Q/Q Growth
4.81% -11.17% -15.63% 10.20% 0.91% 17.27% 2.93% 2.21% -7.42% 2.07% -14.39%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
40.55% 41.06% 41.47% 32.31% 42.17% 41.06% 39.04% 39.72% 12.36% 37.86% 16.07%
EBITDA Margin
-135.85% -435.43% -299.71% 50.53% -113.83% 0.88% -88.21% -66.01% -221.79% -82.98% -303.49%
Operating Margin
-252.65% -265.50% -150.73% -130.34% -102.83% -136.25% -152.13% -133.63% -216.88% -180.51% -149.43%
EBIT Margin
-174.79% -473.18% -329.03% 26.60% -134.50% -22.84% -115.09% -91.21% -252.00% -122.51% -342.17%
Profit (Net Income) Margin
-64.09% -466.87% -324.03% 34.21% -125.02% -15.88% -109.09% -86.39% -221.72% -120.05% -338.68%
Tax Burden Percent
37.93% 100.10% 99.84% 99.70% 98.47% 101.94% 100.27% 100.67% 89.85% 102.20% 100.56%
Interest Burden Percent
96.66% 98.57% 98.64% 128.99% 94.40% 68.22% 94.53% 94.08% 97.92% 95.89% 98.43%
Effective Tax Rate
0.00% 0.00% 0.00% 0.31% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
-170.70% -84.58% -52.44% -34.98% -22.73% -33.26% -40.53% -33.60% -51.62% -35.03% -28.27%
ROIC Less NNEP Spread (ROIC-NNEP)
-178.19% -63.03% -33.32% -59.28% -12.19% -49.24% -40.16% -34.72% -41.09% -35.89% -3.38%
Return on Net Nonoperating Assets (RNNOA)
147.08% 40.36% 21.83% 22.41% 4.18% 15.29% 15.08% 12.19% 13.46% 9.94% 1.19%
Return on Equity (ROE)
-23.62% -44.22% -30.61% -12.57% -18.56% -17.97% -25.45% -21.41% -38.16% -25.09% -27.09%
Cash Return on Invested Capital (CROIC)
-236.93% -155.30% -263.06% -20.71% -14.71% -40.79% -63.58% -54.43% -50.62% -31.98% -12.94%
Operating Return on Assets (OROA)
-18.40% -60.00% -45.25% 3.73% -23.47% -4.61% -22.49% -18.25% -47.95% -21.66% -52.50%
Return on Assets (ROA)
-6.75% -59.20% -44.56% 4.80% -21.81% -3.21% -21.32% -17.29% -42.19% -21.23% -51.97%
Return on Common Equity (ROCE)
-23.43% -44.22% -30.61% -12.50% -18.47% -17.97% -25.45% -21.41% -38.16% -25.09% -27.09%
Return on Equity Simple (ROE_SIMPLE)
0.00% -20.10% -42.16% -30.07% 0.00% -21.93% -13.16% -20.30% 0.00% -28.60% 0.00%
Net Operating Profit after Tax (NOPAT)
-22 -25 -19 -29 -19 -22 -22 -20 -27 -18 -15
NOPAT Margin
-176.86% -185.85% -105.51% -129.94% -71.98% -95.37% -106.49% -93.54% -151.81% -126.36% -104.60%
Net Nonoperating Expense Percent (NNEP)
7.49% -21.54% -19.12% 24.30% -10.54% 15.98% -0.37% 1.13% -10.53% 0.86% -24.89%
Return On Investment Capital (ROIC_SIMPLE)
- - - - -4.93% -5.55% - - -7.84% -5.18% -3.89%
Cost of Revenue to Revenue
59.45% 58.94% 58.53% 67.70% 57.83% 58.94% 60.96% 60.28% 87.64% 62.14% 83.93%
SG&A Expenses to Revenue
127.65% 142.67% 72.81% 65.61% 57.27% 69.42% 75.15% 69.37% 90.97% 83.75% 53.49%
R&D to Revenue
129.12% 130.21% 92.96% 75.32% 69.41% 87.29% 92.69% 82.23% 105.54% 90.37% 79.34%
Operating Expenses to Revenue
293.21% 306.57% 192.20% 162.64% 145.00% 177.30% 191.16% 173.35% 229.24% 218.37% 165.50%
Earnings before Interest and Taxes (EBIT)
-22 -63 -59 5.85 -35 -5.29 -24 -20 -45 -17 -50
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-17 -58 -54 11 -30 0.20 -18 -14 -40 -12 -44
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
1.41 3.26 4.42 2.99 3.78 2.15 1.85 1.18 1.92 1.14 3.23
Price to Tangible Book Value (P/TBV)
4.73 14.46 14.21 8.39 11.40 5.76 5.02 3.19 5.92 3.51 7.71
Price to Revenue (P/Rev)
14.19 25.17 31.40 18.36 18.13 9.58 7.85 4.92 8.01 5.27 18.43
Price to Earnings (P/E)
7.29 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
13.72% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
1.57 4.19 7.38 4.55 5.63 2.70 2.20 1.24 2.22 1.18 4.80
Enterprise Value to Revenue (EV/Rev)
11.38 22.91 28.11 15.68 16.22 8.13 6.63 3.84 6.96 4.25 16.07
Enterprise Value to EBITDA (EV/EBITDA)
7.64 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
8.87 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage
-0.83 -0.64 -0.66 -0.38 -0.34 -0.31 -0.38 -0.35 -0.33 -0.28 -0.35
Leverage Ratio
1.60 1.29 1.25 1.19 1.19 1.19 1.22 1.16 1.20 1.13 1.14
Compound Leverage Factor
1.55 1.27 1.23 1.54 1.12 0.81 1.15 1.10 1.18 1.09 1.13
Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.16%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.16%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.94% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
99.06% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 99.84%
Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.01
Net Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.46
Long-Term Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.01
Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.01
Net Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.00
Long-Term Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.01
Altman Z-Score
7.73 8.61 8.17 7.82 7.69 6.96 7.84 6.24 8.29 6.90 11.28
Noncontrolling Interest Sharing Ratio
0.81% 0.00% 0.00% 0.56% 0.47% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
6.98 5.54 6.01 4.73 4.25 4.55 5.68 5.59 5.69 5.61 8.23
Quick Ratio
5.87 4.61 5.37 4.28 3.67 3.62 4.65 4.61 4.76 4.53 7.41
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-492 -317 -213 6.63 27 -47 -92 -76 -60 -16 33
Operating Cash Flow to CapEx
-773.08% -971.78% -1,043.64% -14.30% -1,744.68% -682.64% -551.81% -2,407.89% -1,813.17% -33,007.32% -1,654.20%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.11 0.13 0.14 0.14 0.17 0.20 0.20 0.20 0.19 0.18 0.15
Accounts Receivable Turnover
4.36 5.23 4.40 4.62 4.54 6.03 4.85 4.73 4.18 4.28 3.88
Inventory Turnover
1.68 1.88 2.17 2.47 2.34 2.08 2.55 2.92 2.92 2.03 2.47
Fixed Asset Turnover
8.59 9.57 9.38 9.32 10.13 9.59 8.94 8.52 6.78 5.60 4.91
Accounts Payable Turnover
2.66 3.20 2.97 3.37 2.46 2.85 3.64 3.82 3.10 2.58 3.31
Days Sales Outstanding (DSO)
83.64 69.80 82.99 78.92 80.36 60.56 75.31 77.22 87.28 85.23 94.12
Days Inventory Outstanding (DIO)
217.90 194.09 168.43 147.87 155.74 175.33 143.35 125.04 125.22 179.67 147.93
Days Payable Outstanding (DPO)
136.99 114.17 122.82 108.17 148.56 128.20 100.21 95.45 117.85 141.30 110.31
Cash Conversion Cycle (CCC)
164.56 149.72 128.60 118.62 87.53 107.68 118.45 106.81 94.64 123.60 131.73
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
274 244 206 227 229 268 276 282 261 267 228
Invested Capital Turnover
0.97 0.46 0.50 0.27 0.32 0.35 0.38 0.36 0.34 0.28 0.27
Increase / (Decrease) in Invested Capital
470 292 194 -35 -46 24 70 56 33 -1.55 -48
Enterprise Value (EV)
432 1,021 1,518 1,031 1,289 725 608 351 580 315 1,096
Market Capitalization
539 1,122 1,696 1,207 1,440 855 720 449 667 391 1,256
Book Value per Share
$2.48 $2.25 $2.38 $2.32 $2.13 $2.22 $2.12 $2.08 $1.86 $1.79 $2.03
Tangible Book Value per Share
$0.74 $0.51 $0.74 $0.83 $0.71 $0.83 $0.78 $0.77 $0.60 $0.58 $0.85
Total Capital
385 345 383 403 381 398 388 381 348 342 389
Total Debt
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.62
Total Long-Term Debt
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.62
Net Debt
-110 -101 -178 -177 -152 -130 -112 -99 -87 -75 -161
Capital Expenditures (CapEx)
1.16 0.82 0.89 1.71 1.37 2.90 2.74 0.57 0.56 0.04 0.68
Debt-free, Cash-free Net Working Capital (DFCFNWC)
11 5.70 2.39 -7.40 5.78 19 24 21 12 14 8.25
Debt-free Net Working Capital (DFNWC)
122 107 180 169 158 149 136 119 99 89 169
Net Working Capital (NWC)
122 107 180 169 158 149 136 119 99 89 169
Net Nonoperating Expense (NNE)
-14 38 39 -36 14 -18 0.53 -1.55 13 -0.88 34
Net Nonoperating Obligations (NNO)
-110 -101 -178 -177 -152 -130 -112 -99 -87 -75 -161
Total Depreciation and Amortization (D&A)
4.81 5.04 5.30 5.26 5.38 5.50 5.50 5.47 5.43 5.54 5.60
Debt-free, Cash-free Net Working Capital to Revenue
30.20% 12.80% 4.42% -11.25% 7.28% 21.76% 25.78% 22.51% 14.87% 18.69% 12.10%
Debt-free Net Working Capital to Revenue
321.00% 239.06% 333.51% 257.50% 198.44% 167.03% 147.94% 130.43% 118.99% 120.02% 248.56%
Net Working Capital to Revenue
321.00% 239.06% 333.51% 257.50% 198.44% 167.03% 147.94% 130.43% 118.99% 120.02% 248.56%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
($0.15) ($0.39) ($0.35) $0.04 ($0.16) ($0.02) ($0.12) ($0.10) ($0.22) ($0.09) ($0.25)
Adjusted Weighted Average Basic Shares Outstanding
133.67M 156.79M 165.61M 175.10M 168.93M 179.78M 183.13M 184.67M 182.46M 187.78M 198.96M
Adjusted Diluted Earnings per Share
($0.12) ($0.39) ($0.35) $0.04 ($0.16) ($0.02) ($0.12) ($0.10) ($0.22) ($0.09) ($0.25)
Adjusted Weighted Average Diluted Shares Outstanding
145.74M 156.79M 165.61M 185.63M 168.93M 179.78M 183.13M 184.67M 182.46M 187.78M 198.96M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
160.89M 160.93M 173.72M 178.49M 179.25M 183.10M 183.46M 186.80M 190.53M 191.81M 213.11M
Normalized Net Operating Profit after Tax (NOPAT)
-22 -25 -19 -29 -19 -22 -22 -20 -27 -17 -15
Normalized NOPAT Margin
-176.86% -185.85% -105.51% -129.94% -71.98% -95.37% -106.49% -93.54% -151.81% -119.02% -104.60%
Pre Tax Income Margin
-168.95% -466.42% -324.57% 34.32% -126.96% -15.58% -108.79% -85.81% -246.76% -117.47% -336.80%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
0.81% 0.00% -0.30% -0.40% -0.33% 0.00% 0.00% 0.00% 0.00% 0.00% -2.61%

Key Financial Trends

Navitas Semiconductor (NASDAQ:NVTS) has experienced notable financial developments over the last several quarters through mid-2025. Below is an analysis of key trends from the income statements, cash flow statements, and balance sheets spanning Q2 2022 to Q2 2025, aimed to provide investors with insights into the company’s operational and financial position.

  • Between Q2 2022 and Q2 2025, the company's revenue generally increased, reaching $14.49 million in Q2 2025 up from $8.61 million in Q2 2022, indicating growth in sales over this period.
  • Navitas demonstrated a consistent ability to fund operations through equity issuance as seen in Q2 2025 with proceeds from common equity issuance of approximately $100.9 million, supporting liquidity and growth investments.
  • The company’s cash and equivalents increased substantially to $161.2 million by Q2 2025, up from $240.5 million in Q2 2022, reflecting strong cash reserves even amid operating losses.
  • Research and development expenses remained high and relatively steady (e.g., ~$11.5 million in Q2 2025), consistent with Navitas’s position as a technology company investing heavily in innovation.
  • Amortization expenses have remained substantial and stable over the years, around $4.7 million in Q2 2025, reflecting ongoing capitalization of intangible assets.
  • Net income remains negative consistently, with a consolidated net loss of $49.1 million in Q2 2025, slightly worsening from prior quarters, showing persistent unprofitability challenges.
  • Operating expenses significantly exceed gross profit in recent quarters; for example, in Q2 2025, total operating expenses were about $23.98 million while gross profit was only $2.33 million, resulting in operating income losses of roughly $21.65 million.
  • Net cash from operating activities was negative for the last several quarters, including -$11.23 million in Q2 2025, indicating cash burn from core business operations.
  • Other income/expense items have shown large negative impacts recently (e.g., net other expense of approximately $27.15 million in Q2 2025), which worsened the company's pre-tax income substantially.
  • Total equity increased from about $247 million in Q2 2022 to nearly $389 million by Q2 2025, reflecting capital infusion but also accumulation of losses impacting retained earnings.

Summary: Navitas Semiconductor has exhibited steady revenue growth over recent years but continues to face significant profitability challenges as expenses outpace gross profits, resulting in continued losses. The company’s strong cash position and equity raises provide a runway for ongoing investment in R&D and operations, though negative operating cash flow and heavy net losses highlight the need for operational improvements or scaling efficiencies. Investors should weigh the growth trajectory against the persistent unprofitability and monitor future cost management efforts.

09/12/25 08:39 AM ETAI Generated. May Contain Errors.

Financials Breakdown Chart

Frequently Asked Questions About Navitas Semiconductor's Financials

When does Navitas Semiconductor's fiscal year end?

According to the most recent income statement we have on file, Navitas Semiconductor's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Navitas Semiconductor's net income changed over the last 4 years?

Navitas Semiconductor's net income appears to be on an upward trend, with a most recent value of -$84.60 million in 2024, rising from -$19.04 million in 2020. The previous period was -$145.95 million in 2023. View Navitas Semiconductor's forecast to see where analysts expect Navitas Semiconductor to go next.

What is Navitas Semiconductor's operating income?
Navitas Semiconductor's total operating income in 2024 was -$130.68 million, based on the following breakdown:
  • Total Gross Profit: $28.34 million
  • Total Operating Expenses: $159.01 million
How has Navitas Semiconductor's revenue changed over the last 4 years?

Over the last 4 years, Navitas Semiconductor's total revenue changed from $11.85 million in 2020 to $83.30 million in 2024, a change of 603.0%.

How much debt does Navitas Semiconductor have?

Navitas Semiconductor's total liabilities were at $41.97 million at the end of 2024, a 60.0% decrease from 2023, and a 267.3% increase since 2020.

How much cash does Navitas Semiconductor have?

In the past 4 years, Navitas Semiconductor's cash and equivalents has ranged from $38.87 million in 2020 to $268.25 million in 2021, and is currently $86.74 million as of their latest financial filing in 2024.

How has Navitas Semiconductor's book value per share changed over the last 4 years?

Over the last 4 years, Navitas Semiconductor's book value per share changed from -4.46 in 2020 to 1.86 in 2024, a change of -141.8%.



This page (NASDAQ:NVTS) was last updated on 9/12/2025 by MarketBeat.com Staff
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