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Navitas Semiconductor (NVTS) Financials

Navitas Semiconductor logo
$11.63 +0.48 (+4.30%)
Closing price 09/11/2026 04:00 PM Eastern
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$11.64 +0.00 (+0.04%)
As of 09/11/2026 07:59 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 2025
Period end date 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 -19 -153 74 -145 -85 -117
Consolidated Net Income / (Loss)		 -19 -153 73 -146 -85 -117
Net Income / (Loss) Continuing Operations		 -19 -153 73 -146 -85 -117
Total Pre-Tax Income 		-19 -153 50 -146 -89 -116
Total Operating Income		 -19 -69 -124 -118 -131 -108
Total Gross Profit		 3.72 11 12 31 28 14
Total Revenue		 12 24 38 79 83 46
Operating Revenue		 12 24 38 79 83 46
Total Cost of Revenue		 8.13 13 26 48 55 32
Operating Cost of Revenue		 8.13 13 26 48 55 32
Total Operating Expenses		 23 79 136 149 159 122
Selling, General & Admin Expense		 9.47 51 78 62 63 35
Research & Development Expense		 13 27 50 69 76 50
Amortization Expense		 - 0.35 6.91 19 19 19
Restructuring Charge		 - - - 0.00 1.22 18
Total Other Income / (Expense), net		 -0.24 -84 174 -28 42 -8.02
Interest & Investment Income		 -0.24 -0.26 1.39 5.37 5.08 4.40
Other Income / (Expense), net		 0.00 -84 172 -34 37 -12
Income Tax Expense		 0.01 0.05 -23 -0.52 -0.34 0.05
Other Gains / (Losses), net		 - - - 0.00 3.91 -1.12
Basic Earnings per Share		 ($1.17) ($3.90) $0.55 ($0.86) ($0.46) ($0.57)
Weighted Average Basic Shares Outstanding		 16.25M 39.17M 133.67M 168.93M 182.46M 205.57M
Diluted Earnings per Share		 ($1.17) ($3.90) $0.51 ($0.86) ($0.46) ($0.57)
Weighted Average Diluted Shares Outstanding		 16.25M 39.17M 145.74M 168.93M 182.46M 205.57M
Weighted Average Basic & Diluted Shares Outstanding		 - 122.86M 160.89M 179.25M 190.53M 230.79M

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 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026
Net Income / (Loss) Attributable to Common Shareholders		 -33 0.00 0.00 -19 -40 -17 -49 -19 -98 -34 -257
Consolidated Net Income / (Loss)		 -33 -3.68 -22 -19 -40 -17 -49 -19 -32 -34 -228
Net Income / (Loss) Continuing Operations		 -33 -3.68 -22 -19 -40 -17 -49 -19 -32 -34 -257
Total Pre-Tax Income 		-33 -3.61 -22 -19 -44 -16 -49 -19 -32 -34 -228
Total Operating Income		 -27 -32 -31 -29 -39 -25 -22 -19 -41 -28 -27
Total Gross Profit		 11 9.52 7.99 8.61 2.22 5.31 2.33 3.83 2.78 3.24 4.08
Total Revenue		 26 23 20 22 18 14 14 10 7.30 8.60 11
Operating Revenue		 26 23 20 22 18 14 14 10 7.30 8.60 11
Total Cost of Revenue		 15 14 12 13 16 8.71 12 6.28 4.51 5.36 6.45
Operating Cost of Revenue		 15 14 12 13 16 8.71 12 6.28 4.51 5.36 6.45
Total Operating Expenses		 38 41 39 38 41 31 24 23 44 31 63
Selling, General & Admin Expense		 15 16 15 15 16 12 7.75 5.23 10 11 13
Research & Development Expense		 18 20 19 18 19 13 11 13 12 15 13
Amortization Expense		 4.77 4.77 4.77 4.72 4.66 4.73 4.73 4.74 4.73 4.73 4.73
Other Operating Expenses / (Income)		 - - - - - - - - - - 31
Restructuring Charge		 - 0.00 0.00 0.00 - 1.47 0.00 0.00 17 0.45 0.34
Total Other Income / (Expense), net		 -6.29 28 8.87 10 -5.37 8.84 -27 0.48 9.81 -5.95 -199
Interest & Investment Income		 1.96 1.68 1.29 1.17 0.94 0.71 0.78 1.39 1.53 1.95 2.10
Other Income / (Expense), net		 -8.25 26 7.58 9.20 -6.31 8.13 -28 -0.90 8.28 -7.90 -201
Income Tax Expense		 -0.51 0.07 0.06 0.13 -0.60 0.08 0.05 -0.02 -0.06 0.07 0.07
Other Adjustments to Consolidated Net Income / (Loss)		 - - - 0.00 - -0.28 - - - - 0.00
Basic Earnings per Share		 ($0.16) ($0.02) ($0.12) ($0.10) ($0.22) ($0.09) ($0.25) ($0.09) ($0.14) ($0.15) ($0.95)
Weighted Average Basic Shares Outstanding		 168.93M 179.78M 183.13M 184.67M 182.46M 187.78M 198.96M 212.68M 205.57M 229.99M 240.64M
Diluted Earnings per Share		 ($0.16) ($0.02) ($0.12) ($0.10) ($0.22) ($0.09) ($0.25) ($0.09) ($0.14) ($0.15) ($0.95)
Weighted Average Diluted Shares Outstanding		 168.93M 179.78M 183.13M 184.67M 182.46M 187.78M 198.96M 212.68M 205.57M 229.99M 240.64M
Weighted Average Basic & Diluted Shares Outstanding		 179.25M 183.10M 183.46M 186.80M 190.53M 191.81M 213.11M 214.94M 230.79M 233.71M 0.00

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 2025
Period end date 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents		 33 229 -158 43 -65 150
Net Cash From Operating Activities		 -21 -42 -44 -41 -59 -43
Net Cash From Continuing Operating Activities		 -21 -42 -44 -41 -59 -43
Net Income / (Loss) Continuing Operations		 -19 -153 73 -146 -85 -117
Consolidated Net Income / (Loss)		 -19 -153 73 -146 -85 -117
Depreciation Expense		 0.34 0.41 0.98 2.16 2.97 3.45
Amortization Expense		 0.20 -0.04 6.88 19 19 19
Non-Cash Adjustments To Reconcile Net Income		 1.07 125 -105 87 12 33
Changes in Operating Assets and Liabilities, net		 -3.19 -15 -21 -3.59 -8.59 19
Net Cash From Investing Activities		 -0.22 -3.47 -108 -5.78 -9.27 -1.39
Net Cash From Continuing Investing Activities		 -0.22 -3.47 -108 -5.78 -9.27 -1.39
Purchase of Property, Plant & Equipment		 -0.22 -2.07 -4.64 -4.78 -6.77 -1.48
Purchase of Investments		 0.00 - 0.00 -1.00 -2.50 0.00
Sale of Property, Plant & Equipment		 - - - - 0.00 0.09
Net Cash From Financing Activities		 54 275 -5.81 90 3.50 195
Net Cash From Continuing Financing Activities		 54 275 -5.81 90 3.50 195
Repurchase of Common Equity		 0.00 -25 -0.59 -0.48 0.00 -3.25
Issuance of Common Equity		 0.03 0.52 1.71 90 3.50 203
Other Financing Activities, net		 0.00 298 - - 0.00 -4.64
Cash Interest Paid		 0.22 0.27 0.29 - 0.00 0.03
Cash Income Taxes Paid		 0.00 0.03 0.19 0.16 0.30 0.24

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 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026
Net Change in Cash & Equivalents		 -24 -23 -18 -13 -10 -13 86 -10 87 -15 335
Net Cash From Operating Activities		 -24 -20 -15 -14 -10 -14 -11 -10 -8.11 -16 -32
Net Cash From Continuing Operating Activities		 -24 -20 -15 -14 -10 -14 -11 -10 -8.11 -16 -32
Net Income / (Loss) Continuing Operations		 -33 -3.68 -22 -19 -40 -17 -49 -19 -32 -34 -228
Consolidated Net Income / (Loss)		 -33 -3.68 -22 -19 -40 -17 -49 -19 -32 -34 -228
Depreciation Expense		 0.61 0.72 0.73 0.75 0.77 0.81 0.87 0.88 0.89 0.98 0.89
Amortization Expense		 4.77 4.77 4.77 4.72 4.66 4.73 4.73 4.74 4.73 4.73 4.73
Non-Cash Adjustments To Reconcile Net Income		 20 -12 5.02 4.90 6.73 -0.53 27 3.13 2.57 19 212
Changes in Operating Assets and Liabilities, net		 -17 -9.55 -3.31 -5.36 18 -1.72 4.94 0.47 16 -7.01 -21
Net Cash From Investing Activities		 -1.37 -5.40 -2.74 -0.57 -0.56 -0.04 -0.63 -0.71 -0.00 -0.39 -1.66
Net Cash From Continuing Investing Activities		 -1.37 -5.40 -2.74 -0.57 -0.56 -0.04 -0.63 -0.71 -0.00 -0.39 -1.66
Purchase of Property, Plant & Equipment		 -1.37 -2.90 -2.74 -0.57 -0.56 -0.04 -0.68 -0.71 -0.05 -0.39 -0.23
Net Cash From Financing Activities		 1.45 2.02 0.18 0.91 0.38 0.95 98 0.61 95 1.52 369
Net Cash From Continuing Financing Activities		 1.45 2.02 0.18 0.91 0.38 0.95 98 0.61 95 1.52 369
Repurchase of Common Equity		 - - - - - 0.00 - - 0.00 0.00 -7.57
Issuance of Common Equity		 1.45 2.02 0.18 0.91 0.38 0.95 101 0.69 100 1.60 380
Other Financing Activities, net		 - - - - - 0.00 - -0.08 -4.52 -0.08 -3.83
Cash Interest Paid		 - - - - - 0.00 - 0.01 0.01 0.01 0.01
Cash Income Taxes Paid		 0.10 0.03 0.09 0.08 0.10 0.06 0.12 0.07 -0.02 0.03 0.04

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 2025
Period end date 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets		 49 296 425 486 390 500
Total Current Assets		 47 291 142 206 122 260
Cash & Equivalents		 39 268 110 152 87 237
Restricted Cash		 - - - - 1.50 1.75
Accounts Receivable		 4.15 8.26 9.13 26 14 3.62
Inventories, net		 3.40 12 19 22 15 13
Prepaid Expenses		 0.52 2.88 3.62 6.18 4.07 4.40
Plant, Property, & Equipment, net		 0.72 2.30 6.53 9.15 15 9.78
Total Noncurrent Assets		 0.84 1.93 277 270 253 231
Noncurrent Note & Lease Receivables		 0.22 0.21 - - 0.00 0.77
Goodwill		 - 0.00 162 163 163 163
Intangible Assets		 0.52 0.17 106 91 72 53
Other Noncurrent Operating Assets		 0.10 1.55 9.44 16 17 14
Total Liabilities & Shareholders' Equity		 49 296 425 486 390 500
Total Liabilities		 11 230 41 105 42 57
Total Current Liabilities		 6.37 11 20 48 21 52
Accounts Payable		 3.70 4.86 15 25 11 22
Current Employee Benefit Liabilities		 1.67 2.64 3.91 11 8.62 4.95
Other Current Liabilities		 - 0.03 1.31 1.89 1.77 25
Total Noncurrent Liabilities		 5.06 219 20 56 21 4.69
Noncurrent Deferred & Payable Income Tax Liabilities		 - 0.00 1.82 1.04 0.44 0.41
Other Noncurrent Operating Liabilities		 0.09 216 18 55 20 4.28
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 -72 66 385 381 348 444
Total Preferred & Common Equity		 -72 66 381 381 348 444
Total Common Equity		 -72 66 381 381 348 444
Common Stock		 3.56 294 536 681 733 945
Retained Earnings		 -76 -229 -155 -300 -385 -502
Accumulated Other Comprehensive Income / (Loss)		 -0.00 -0.00 -0.01 -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 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026 Q2 2026
Period end date 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026 6/30/2026
Total Assets		 416 499 494 468 439 419 371 449 430 481 832
Total Current Assets		 130 216 215 191 165 145 108 193 179 246 602
Cash & Equivalents		 101 178 177 130 112 99 75 161 151 221 557
Restricted Cash		 - - - - - - - - - 2.36 0.86
Accounts Receivable		 7.42 15 18 22 23 21 12 12 9.79 3.73 4.77
Inventories, net		 19 19 16 33 25 21 16 15 15 15 20
Prepaid Expenses		 2.88 4.29 4.51 6.02 4.75 4.16 4.68 4.08 3.83 4.23 20
Plant, Property, & Equipment, net		 6.84 7.26 8.39 12 13 13 15 15 14 9.12 8.57
Total Noncurrent Assets		 279 276 271 265 261 261 248 242 237 226 221
Noncurrent Note & Lease Receivables		 - - - - - 5.21 0.48 1.08 1.52 0.68 0.60
Goodwill		 161 163 163 163 163 163 163 163 163 163 163
Intangible Assets		 106 101 96 86 82 77 67 63 58 49 44
Other Noncurrent Operating Assets		 12 12 11 15 16 16 17 15 14 14 14
Total Liabilities & Shareholders' Equity		 416 499 494 468 439 419 371 449 430 481 832
Total Liabilities		 71 116 91 70 51 39 29 61 59 61 31
Total Current Liabilities		 23 36 45 42 29 26 19 23 23 57 28
Accounts Payable		 14 18 15 24 13 14 14 17 14 18 20
Current Employee Benefit Liabilities		 7.71 6.71 15 7.59 7.75 8.50 3.27 4.40 6.34 5.59 5.97
Other Current Liabilities		 2.15 12 1.35 1.86 1.89 1.87 1.77 2.10 2.14 33 2.17
Total Noncurrent Liabilities		 48 80 45 28 22 13 9.70 37 37 4.47 3.38
Capital Lease Obligations		 - - - - - - - 0.62 0.54 - 0.29
Noncurrent Deferred & Payable Income Tax Liabilities		 1.83 1.83 1.83 1.04 1.04 1.04 0.43 0.41 0.37 0.41 0.41
Other Noncurrent Operating Liabilities		 46 78 43 27 21 12 9.27 36 36 4.06 2.68
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 345 383 403 398 388 381 342 389 371 420 801
Total Preferred & Common Equity		 345 383 403 398 388 381 342 389 371 420 801
Total Common Equity		 345 383 403 398 388 381 342 389 371 420 801
Common Stock		 561 659 671 702 714 726 743 840 841 956 1,565
Retained Earnings		 -217 -275 -268 -304 -326 -345 -402 -451 -470 -536 -764
Accumulated Other Comprehensive Income / (Loss)		 -0.01 -0.01 -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 2025
Period end date 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Growth Metrics		 - - - - - -
Revenue Growth		 0.00% 100.32% 59.85% 109.41% 4.84% -44.88%
EBITDA Growth		 0.00% -732.28% 137.20% -331.42% 44.95% -35.76%
EBIT Growth		 0.00% -710.41% 131.95% -411.86% 38.14% -27.95%
NOPAT Growth		 0.00% -264.35% -275.27% 54.05% -10.62% 17.53%
Net Income Growth		 0.00% -701.75% 147.74% -300.24% 42.04% -38.24%
EPS Growth		 0.00% -233.33% 113.08% -268.63% 46.51% -23.91%
Operating Cash Flow Growth		 0.00% -102.18% -6.71% 7.01% -42.16% 27.08%
Free Cash Flow Firm Growth		 0.00% 0.00% -527.67% 94.31% -235.25% 82.72%
Invested Capital Growth		 0.00% -4,779.73% 240.15% -16.65% 14.23% -20.89%
Revenue Q/Q Growth		 0.00% 0.00% 15.22% 20.85% -8.84% -18.87%
EBITDA Q/Q Growth		 0.00% 0.00% 221.52% -10.92% -16.51% 11.24%
EBIT Q/Q Growth		 0.00% 0.00% 198.47% -9.73% -12.26% 9.21%
NOPAT Q/Q Growth		 0.00% 0.00% -100.31% 3.59% -10.29% -2.28%
Net Income Q/Q Growth		 0.00% 0.00% 286.67% -20.34% -9.42% 6.44%
EPS Q/Q Growth		 0.00% 0.00% 131.10% -4.88% -15.00% 12.31%
Operating Cash Flow Q/Q Growth		 0.00% 0.00% 15.15% -56.73% 17.49% 4.63%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 0.00% 26.87% 10.45% -69.27%
Invested Capital Q/Q Growth		 0.00% 0.00% 4.81% 0.91% -7.42% -7.00%
Profitability Metrics		 - - - - - -
Gross Margin		 31.35% 45.02% 31.49% 39.10% 34.02% 31.03%
EBITDA Margin		 -154.14% -640.41% 149.02% -164.69% -86.48% -212.98%
Operating Margin		 -158.69% -288.62% -325.85% -148.68% -156.87% -234.70%
EBIT Margin		 -158.69% -641.98% 128.32% -191.09% -112.76% -261.74%
Profit (Net Income) Margin		 -160.72% -643.26% 192.10% -183.69% -101.56% -254.71%
Tax Burden Percent		 100.03% 100.03% 145.56% 99.65% 95.22% 101.01%
Interest Burden Percent		 101.26% 100.17% 102.85% 96.46% 94.59% 96.34%
Effective Tax Rate		 0.00% 0.00% -45.56% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 -314.58% 0.00% -457.78% -32.87% -37.34% -32.43%
ROIC Less NNEP Spread (ROIC-NNEP)		 -296.70% 0.00% -593.84% 15.38% -43.10% -6.98%
Return on Net Nonoperating Assets (RNNOA)		 263.23% 0.00% 490.15% -5.27% 14.11% 2.88%
Return on Equity (ROE)		 -51.36% -297.58% 32.37% -38.14% -23.22% -29.55%
Cash Return on Invested Capital (CROIC)		 0.00% 0.00% -236.93% -14.71% -50.62% -9.10%
Operating Return on Assets (OROA)		 -38.76% -88.57% 13.51% -33.34% -21.46% -26.99%
Return on Assets (ROA)		 -39.26% -88.74% 20.22% -32.05% -19.33% -26.27%
Return on Common Equity (ROCE)		 100.30% 19.97% 32.11% -37.96% -23.22% -29.55%
Return on Equity Simple (ROE_SIMPLE)		 26.30% -232.98% 19.12% -38.35% -24.31% 0.00%
Net Operating Profit after Tax (NOPAT)		 -13 -48 -180 -83 -91 -75
NOPAT Margin		 -111.08% -202.04% -474.29% -104.07% -109.81% -164.29%
Net Nonoperating Expense Percent (NNEP)		 -17.88% -71.19% 136.06% -48.25% 5.76% -25.44%
Return On Investment Capital (ROIC_SIMPLE)		 - - - -21.73% -26.28% -16.99%
Cost of Revenue to Revenue		 68.65% 54.98% 68.51% 60.90% 65.98% 68.97%
SG&A Expenses to Revenue		 79.91% 216.44% 206.50% 77.47% 75.46% 76.65%
R&D to Revenue		 110.13% 115.75% 132.61% 86.62% 91.24% 108.52%
Operating Expenses to Revenue		 190.04% 333.65% 357.34% 187.77% 190.89% 265.73%
Earnings before Interest and Taxes (EBIT)		 -19 -152 49 -152 -94 -120
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -18 -152 57 -131 -72 -98
Valuation Ratios		 - - - - - -
Price to Book Value (P/BV)		 0.00 30.56 1.41 3.78 1.92 3.46
Price to Tangible Book Value (P/TBV)		 0.00 30.64 4.73 11.40 5.92 6.76
Price to Revenue (P/Rev)		 18.57 84.37 14.19 18.13 8.01 33.42
Price to Earnings (P/E)		 0.00 0.00 7.29 0.00 0.00 0.00
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 0.00% 13.72% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 70.89 0.00 1.57 5.63 2.22 6.31
Enterprise Value to Revenue (EV/Rev)		 25.03 73.36 11.38 16.22 6.96 28.24
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 7.64 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 8.87 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 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
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 11.45 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - - -
Debt to Equity		 0.16 0.11 0.00 0.00 0.00 0.00
Long-Term Debt to Equity		 0.13 0.06 0.00 0.00 0.00 0.00
Financial Leverage		 -0.89 -2.87 -0.83 -0.34 -0.33 -0.41
Leverage Ratio		 1.31 3.35 1.60 1.19 1.20 1.12
Compound Leverage Factor		 1.32 3.36 1.65 1.15 1.14 1.08
Debt to Total Capital		 13.87% 9.55% 0.00% 0.00% 0.00% 0.10%
Short-Term Debt to Total Capital		 2.32% 4.42% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 11.55% 5.13% 0.00% 0.00% 0.00% 0.10%
Preferred Equity to Total Capital		 0.00% 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% 0.00%
Common Equity to Total Capital		 -168.22% 90.45% 99.06% 100.00% 100.00% 99.90%
Debt to EBITDA		 -0.33 -0.05 0.00 0.00 0.00 0.00
Net Debt to EBITDA		 1.80 1.72 0.00 0.00 0.00 2.44
Long-Term Debt to EBITDA		 -0.27 -0.02 0.00 0.00 0.00 0.00
Debt to NOPAT		 -0.45 -0.14 0.00 0.00 0.00 -0.01
Net Debt to NOPAT		 2.50 5.45 0.00 0.00 0.00 3.16
Long-Term Debt to NOPAT		 -0.38 -0.08 0.00 0.00 0.00 -0.01
Altman Z-Score		 9.33 3.66 8.28 6.89 7.88 14.60
Noncontrolling Interest Sharing Ratio		 295.31% 106.71% 0.81% 0.47% 0.00% 0.00%
Liquidity Ratios		 - - - - - -
Current Ratio		 7.37 27.16 6.98 4.25 5.69 4.99
Quick Ratio		 6.76 25.78 5.87 3.67 4.76 4.61
Cash Flow Metrics		 - - - - - -
Free Cash Flow to Firm (FCFF)		 0.00 152 -650 -37 -124 -21
Operating Cash Flow to CapEx		 -9,248.88% -2,016.44% -958.16% -865.31% -868.75% -3,094.59%
Free Cash Flow to Firm to Interest Expense		 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
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios		 - - - - - -
Asset Turnover		 0.24 0.14 0.11 0.17 0.19 0.10
Accounts Receivable Turnover		 2.85 3.82 4.36 4.54 4.18 5.22
Inventory Turnover		 2.39 1.70 1.68 2.34 2.92 2.20
Fixed Asset Turnover		 16.41 15.70 8.59 10.13 6.78 3.64
Accounts Payable Turnover		 2.20 3.05 2.66 2.46 3.10 1.91
Days Sales Outstanding (DSO)		 127.90 95.46 83.64 80.36 87.28 69.97
Days Inventory Outstanding (DIO)		 152.75 215.11 217.90 155.74 125.22 165.74
Days Payable Outstanding (DPO)		 165.94 119.68 136.99 148.56 117.85 190.78
Cash Conversion Cycle (CCC)		 114.71 190.89 164.56 87.53 94.64 44.93
Capital & Investment Metrics		 - - - - - -
Invested Capital		 4.18 -196 274 229 261 206
Invested Capital Turnover		 2.83 -0.25 0.97 0.32 0.34 0.20
Increase / (Decrease) in Invested Capital		 0.00 -200 470 -46 33 -54
Enterprise Value (EV)		 297 1,741 432 1,289 580 1,297
Market Capitalization		 220 2,003 539 1,440 667 1,535
Book Value per Share		 ($4.46) $0.56 $2.48 $2.13 $1.86 $2.06
Tangible Book Value per Share		 ($4.49) $0.56 $0.74 $0.71 $0.60 $1.06
Total Capital		 43 72 385 381 348 444
Total Debt		 5.97 6.92 0.00 0.00 0.00 0.46
Total Long-Term Debt		 4.97 3.72 0.00 0.00 0.00 0.46
Net Debt		 -33 -261 -110 -152 -87 -238
Capital Expenditures (CapEx)		 0.22 2.07 4.64 4.78 6.77 1.39
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 2.71 16 11 5.78 12 -31
Debt-free Net Working Capital (DFNWC)		 42 284 122 158 99 208
Net Working Capital (NWC)		 41 281 122 158 99 208
Net Nonoperating Expense (NNE)		 5.88 105 -253 63 -6.87 42
Net Nonoperating Obligations (NNO)		 -33 -261 -110 -152 -87 -238
Total Depreciation and Amortization (D&A)		 0.54 0.37 7.86 21 22 22
Debt-free, Cash-free Net Working Capital to Revenue		 22.89% 65.68% 30.20% 7.28% 14.87% -67.12%
Debt-free Net Working Capital to Revenue		 350.92% 1,195.83% 321.00% 198.44% 118.99% 452.53%
Net Working Capital to Revenue		 342.48% 1,182.35% 321.00% 198.44% 118.99% 452.53%
Earnings Adjustments		 - - - - - -
Adjusted Basic Earnings per Share		 $0.00 ($3.90) $0.55 $0.00 ($0.46) ($0.57)
Adjusted Weighted Average Basic Shares Outstanding		 0.00 39.17M 133.67M 0.00 182.46M 205.57M
Adjusted Diluted Earnings per Share		 $0.00 ($3.90) $0.51 $0.00 ($0.46) ($0.57)
Adjusted Weighted Average Diluted Shares Outstanding		 0.00 39.17M 145.74M 0.00 182.46M 205.57M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $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 230.79M
Normalized Net Operating Profit after Tax (NOPAT)		 -13 -48 -87 -83 -91 -63
Normalized NOPAT Margin		 -111.08% -202.04% -228.09% -104.07% -108.78% -136.77%
Pre Tax Income Margin		 -160.68% -643.07% 131.97% -184.34% -106.66% -252.16%
Debt Service Ratios		 - - - - - -
EBIT to Interest Expense		 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
EBIT Less CapEx to Interest Expense		 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
Payout Ratios		 - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 0.00% -16.35% 0.81% -0.33% 0.00% -2.78%

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 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026
DEI Shares Outstanding		 - - - - - - - - - 230,792,765.00 213,084,000.00
DEI Adjusted Shares Outstanding		 - - - - - - - - - 230,792,765.00 213,084,000.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - - - - -0.15 -1.21
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 111.01% 73.49% 13.32% -1.35% -31.01% -39.51% -29.21% -53.36% -59.42% -38.66% -27.34%
EBITDA Growth		 -76.82% 100.35% 66.65% -228.87% -34.42% -5,830.05% -143.57% -2.73% 31.07% -157.55% -405.99%
EBIT Growth		 -62.37% 91.63% 60.36% -438.22% -29.27% -224.45% -110.48% -2.74% 26.91% -107.71% -360.14%
NOPAT Growth		 14.12% 10.97% -14.37% 28.98% -45.51% 19.86% 30.46% 32.99% -6.16% -9.73% -25.57%
Net Income Growth		 -311.65% 94.10% 61.85% -349.10% -22.35% -357.19% -119.79% -2.69% 20.18% -100.75% -365.04%
EPS Growth		 -33.33% 94.87% 65.71% -350.00% -37.50% -350.00% -108.33% 10.00% 36.36% -66.67% -280.00%
Operating Cash Flow Growth		 -167.15% -149.79% -63.02% -5,525.00% 57.43% 31.59% 25.74% 27.01% 20.43% -20.90% -184.78%
Free Cash Flow Firm Growth		 105.48% 85.29% 56.70% -1,243.88% -322.13% 65.28% 135.39% 162.83% 143.34% 412.84% -204.64%
Invested Capital Growth		 -16.65% 10.03% 34.25% 24.51% 14.23% -0.58% -17.31% -21.70% -20.89% -26.25% 6.62%
Revenue Q/Q Growth		 18.56% -11.06% -11.68% 5.93% -17.08% -22.03% 3.37% -30.21% -27.85% 17.85% 22.46%
EBITDA Q/Q Growth		 -367.11% 100.68% -8,994.09% 20.74% -178.62% 70.83% -278.06% 66.57% -86.95% -9.00% -642.75%
EBIT Q/Q Growth		 -699.40% 84.90% -345.04% 16.05% -129.09% 62.09% -188.71% 59.02% -62.98% -7.73% -539.58%
NOPAT Q/Q Growth		 34.32% -17.84% 1.39% 6.95% -34.57% 35.10% 14.43% 10.34% -113.21% 32.92% 2.07%
Net Income Q/Q Growth		 -533.28% 88.70% -506.57% 16.11% -112.81% 57.78% -191.61% 60.81% -65.41% -6.19% -575.50%
EPS Q/Q Growth		 -500.00% 87.50% -500.00% 16.67% -120.00% 59.09% -177.78% 64.00% -55.56% -7.14% -533.33%
Operating Cash Flow Q/Q Growth		 -9,710.25% 17.35% 23.55% 9.26% 25.76% -32.81% 17.00% 10.81% 19.07% -101.80% -95.49%
Free Cash Flow Firm Q/Q Growth		 306.34% -272.81% -98.11% 17.77% 21.10% 72.99% 301.91% 45.99% -46.94% 100.03% -167.54%
Invested Capital Q/Q Growth		 0.91% 17.27% 2.93% 2.21% -7.42% 2.07% -14.39% -3.21% -7.00% -4.30% 23.77%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 42.17% 41.06% 39.04% 39.72% 12.36% 37.86% 16.07% 37.89% 38.13% 37.65% 38.73%
EBITDA Margin		 -113.83% 0.88% -88.21% -66.01% -221.79% -82.98% -303.49% -145.38% -376.70% -348.43% -2,113.33%
Operating Margin		 -102.83% -136.25% -152.13% -133.63% -216.88% -180.51% -149.43% -191.99% -567.34% -322.94% -258.24%
EBIT Margin		 -134.50% -22.84% -115.09% -91.21% -252.00% -122.51% -342.17% -200.92% -453.84% -414.86% -2,166.75%
Profit (Net Income) Margin		 -125.02% -15.88% -109.09% -86.39% -221.72% -120.05% -338.68% -190.21% -436.06% -392.94% -2,167.52%
Tax Burden Percent		 98.47% 101.94% 100.27% 100.67% 89.85% 102.20% 100.56% 101.60% 100.74% 100.20% 100.03%
Interest Burden Percent		 94.40% 68.22% 94.53% 94.08% 97.92% 95.89% 98.43% 93.18% 95.38% 94.53% 100.00%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 -22.73% -33.26% -40.53% -33.60% -51.62% -35.03% -28.27% -30.23% -78.38% -39.51% -28.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 -12.19% -49.24% -40.16% -34.72% -41.09% -35.89% -3.38% -25.69% -76.64% -29.90% 30.22%
Return on Net Nonoperating Assets (RNNOA)		 4.18% 15.29% 15.08% 12.19% 13.46% 9.94% 1.19% 8.50% 31.60% 11.71% -18.25%
Return on Equity (ROE)		 -18.56% -17.97% -25.45% -21.41% -38.16% -25.09% -27.09% -21.74% -46.78% -27.80% -46.25%
Cash Return on Invested Capital (CROIC)		 -14.71% -40.79% -63.58% -54.43% -50.62% -31.98% -12.94% -4.97% -9.10% -3.09% -40.77%
Operating Return on Assets (OROA)		 -23.47% -4.61% -22.49% -18.25% -47.95% -21.66% -52.50% -26.77% -46.80% -39.43% -123.51%
Return on Assets (ROA)		 -21.81% -3.21% -21.32% -17.29% -42.19% -21.23% -51.97% -25.34% -44.97% -37.34% -123.55%
Return on Common Equity (ROCE)		 -18.47% -17.97% -25.45% -21.41% -38.16% -25.09% -27.09% -21.74% -46.78% -27.80% -46.25%
Return on Equity Simple (ROE_SIMPLE)		 0.00% -21.93% -13.16% -20.30% 0.00% -28.60% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 -19 -22 -22 -20 -27 -18 -15 -14 -29 -19 -19
NOPAT Margin		 -71.98% -95.37% -106.49% -93.54% -151.81% -126.36% -104.60% -134.39% -397.14% -226.05% -180.77%
Net Nonoperating Expense Percent (NNEP)		 -10.54% 15.98% -0.37% 1.13% -10.53% 0.86% -24.89% -4.54% -1.74% -9.61% -58.22%
Return On Investment Capital (ROIC_SIMPLE)		 -4.93% -5.55% - - -7.84% -5.18% -3.89% -3.66% -6.52% -4.63% -2.37%
Cost of Revenue to Revenue		 57.83% 58.94% 60.96% 60.28% 87.64% 62.14% 83.93% 62.11% 61.87% 62.35% 61.27%
SG&A Expenses to Revenue		 57.27% 69.42% 75.15% 69.37% 90.97% 83.75% 53.49% 51.72% 143.57% 130.87% 123.83%
R&D to Revenue		 69.41% 87.29% 92.69% 82.23% 105.54% 90.37% 79.34% 131.33% 169.76% 169.42% 124.91%
Operating Expenses to Revenue		 145.00% 177.30% 191.16% 173.35% 229.24% 218.37% 165.50% 229.88% 605.47% 360.58% 593.94%
Earnings before Interest and Taxes (EBIT)		 -35 -5.29 -24 -20 -45 -17 -50 -20 -33 -36 -228
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -30 0.20 -18 -14 -40 -12 -44 -15 -27 -30 -223
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 3.78 2.15 1.85 1.18 1.92 1.14 3.23 4.15 3.46 4.82 5.23
Price to Tangible Book Value (P/TBV)		 11.40 5.76 5.02 3.19 5.92 3.51 7.71 10.27 6.76 9.72 7.05
Price to Revenue (P/Rev)		 18.13 9.58 7.85 4.92 8.01 5.27 18.43 27.19 33.42 49.98 114.63
Price to Earnings (P/E)		 0.00 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		 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 Invested Capital (EV/IC)		 5.63 2.70 2.20 1.24 2.22 1.18 4.80 6.28 6.31 9.16 14.91
Enterprise Value to Revenue (EV/Rev)		 16.22 8.13 6.63 3.84 6.96 4.25 16.07 24.53 28.24 44.47 99.36
Enterprise Value to EBITDA (EV/EBITDA)		 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 EBIT (EV/EBIT)		 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 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		 -0.34 -0.31 -0.38 -0.35 -0.33 -0.28 -0.35 -0.33 -0.41 -0.39 -0.60
Leverage Ratio		 1.19 1.19 1.22 1.16 1.20 1.13 1.14 1.13 1.12 1.12 1.08
Compound Leverage Factor		 1.12 0.81 1.15 1.10 1.18 1.09 1.13 1.05 1.07 1.06 1.08
Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.16% 0.14% 0.10% 0.00% 0.04%
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% 0.16% 0.14% 0.10% 0.00% 0.04%
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		 0.00% 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		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 99.84% 99.86% 99.90% 100.00% 99.96%
Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 -0.01 0.00 0.00 0.00 0.00
Net Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 1.46 1.36 2.44 0.00 1.89
Long-Term Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 -0.01 0.00 0.00 0.00 0.00
Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 -0.01 -0.01 -0.01 0.00 0.00
Net Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 2.00 2.03 3.16 0.00 6.89
Long-Term Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 -0.01 -0.01 -0.01 0.00 0.00
Altman Z-Score		 7.69 6.96 7.84 6.24 8.29 6.90 11.28 14.47 15.18 18.56 79.70
Noncontrolling Interest Sharing Ratio		 0.47% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 4.25 4.55 5.68 5.59 5.69 5.61 8.23 7.94 4.99 4.33 21.79
Quick Ratio		 3.67 3.62 4.65 4.61 4.76 4.53 7.41 7.11 4.61 3.95 20.34
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 27 -47 -92 -76 -60 -16 33 48 25 51 -34
Operating Cash Flow to CapEx		 -1,744.68% -682.64% -551.81% -2,407.89% -1,813.17% -33,007.32% -1,654.20% -1,410.99% -405,400.00% -4,217.01% -14,090.75%
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		 0.17 0.20 0.20 0.20 0.19 0.18 0.15 0.13 0.10 0.10 0.06
Accounts Receivable Turnover		 4.54 6.03 4.85 4.73 4.18 4.28 3.88 3.67 5.22 5.01 4.24
Inventory Turnover		 2.34 2.08 2.55 2.92 2.92 2.03 2.47 2.39 2.20 1.83 1.31
Fixed Asset Turnover		 10.13 9.59 8.94 8.52 6.78 5.60 4.91 4.13 3.64 3.40 3.16
Accounts Payable Turnover		 2.46 2.85 3.64 3.82 3.10 2.58 3.31 3.10 1.91 1.73 1.24
Days Sales Outstanding (DSO)		 80.36 60.56 75.31 77.22 87.28 85.23 94.12 99.57 69.97 72.80 86.13
Days Inventory Outstanding (DIO)		 155.74 175.33 143.35 125.04 125.22 179.67 147.93 152.89 165.74 199.70 279.59
Days Payable Outstanding (DPO)		 148.56 128.20 100.21 95.45 117.85 141.30 110.31 117.60 190.78 210.80 294.11
Cash Conversion Cycle (CCC)		 87.53 107.68 118.45 106.81 94.64 123.60 131.73 134.86 44.93 61.70 71.61
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 229 268 276 282 261 267 228 221 206 197 243
Invested Capital Turnover		 0.32 0.35 0.38 0.36 0.34 0.28 0.27 0.23 0.20 0.17 0.15
Increase / (Decrease) in Invested Capital		 -46 24 70 56 33 -1.55 -48 -61 -54 -70 15
Enterprise Value (EV)		 1,289 725 608 351 580 315 1,096 1,389 1,297 1,801 3,630
Market Capitalization		 1,440 855 720 449 667 391 1,256 1,539 1,535 2,024 4,188
Book Value per Share		 $2.13 $2.22 $2.12 $2.08 $1.86 $1.79 $2.03 $1.74 $2.06 $1.82 $3.43
Tangible Book Value per Share		 $0.71 $0.83 $0.78 $0.77 $0.60 $0.58 $0.85 $0.70 $1.06 $0.90 $2.54
Total Capital		 381 398 388 381 348 342 389 372 444 420 802
Total Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.62 0.54 0.46 0.00 0.29
Total Long-Term Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.62 0.54 0.46 0.00 0.29
Net Debt		 -152 -130 -112 -99 -87 -75 -161 -150 -238 -223 -558
Capital Expenditures (CapEx)		 1.37 2.90 2.74 0.57 0.56 0.04 0.68 0.71 0.00 0.39 0.23
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 5.78 19 24 21 12 14 8.25 5.75 -31 -34 16
Debt-free Net Working Capital (DFNWC)		 158 149 136 119 99 89 169 156 208 189 575
Net Working Capital (NWC)		 158 149 136 119 99 89 169 156 208 189 575
Net Nonoperating Expense (NNE)		 14 -18 0.53 -1.55 13 -0.88 34 5.64 2.84 14 209
Net Nonoperating Obligations (NNO)		 -152 -130 -112 -99 -87 -75 -161 -150 -238 -223 -558
Total Depreciation and Amortization (D&A)		 5.38 5.50 5.50 5.47 5.43 5.54 5.60 5.62 5.63 5.71 5.63
Debt-free, Cash-free Net Working Capital to Revenue		 7.28% 21.76% 25.78% 22.51% 14.87% 18.69% 12.10% 10.16% -67.12% -83.89% 45.09%
Debt-free Net Working Capital to Revenue		 198.44% 167.03% 147.94% 130.43% 118.99% 120.02% 248.56% 276.16% 452.53% 467.70% 1,573.14%
Net Working Capital to Revenue		 198.44% 167.03% 147.94% 130.43% 118.99% 120.02% 248.56% 276.16% 452.53% 467.70% 1,573.14%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 ($0.16) ($0.02) ($0.12) ($0.10) ($0.22) ($0.09) ($0.25) ($0.09) ($0.14) ($0.15) ($0.95)
Adjusted Weighted Average Basic Shares Outstanding		 168.93M 179.78M 183.13M 184.67M 182.46M 187.78M 198.96M 212.68M 205.57M 229.99M 240.64M
Adjusted Diluted Earnings per Share		 ($0.16) ($0.02) ($0.12) ($0.10) ($0.22) ($0.09) ($0.25) ($0.09) ($0.14) ($0.15) ($0.95)
Adjusted Weighted Average Diluted Shares Outstanding		 168.93M 179.78M 183.13M 184.67M 182.46M 187.78M 198.96M 212.68M 205.57M 229.99M 240.64M
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		 179.25M 183.10M 183.46M 186.80M 190.53M 191.81M 213.11M 214.94M 230.79M 233.71M 0.00
Normalized Net Operating Profit after Tax (NOPAT)		 -19 -22 -22 -20 -27 -17 -15 -14 -17 -19 -19
Normalized NOPAT Margin		 -71.98% -95.37% -106.49% -93.54% -151.81% -119.02% -104.60% -134.39% -238.06% -222.39% -178.48%
Pre Tax Income Margin		 -126.96% -15.58% -108.79% -85.81% -246.76% -117.47% -336.80% -187.21% -432.87% -392.16% -2,166.84%
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		 -0.33% 0.00% 0.00% 0.00% 0.00% 0.00% -2.61% -2.60% -2.78% -2.43% -2.42%

Financials Breakdown Chart

Key Financial Trends

Navitas Semiconductor’s latest financial statements show a company with improving sequential revenue but continued operating losses, persistent cash burn and significant reliance on equity financing. The second quarter of 2026 also includes unusually large non-operating charges and non-cash adjustments, making headline net income less representative of the company’s underlying operating trend.

  • Revenue improved sequentially. Q2 2026 revenue increased to $10.5 million from $8.6 million in Q1 2026, a gain of approximately 22.5%. This was the strongest quarterly revenue level in the provided 2026 data.
  • Gross margin improved modestly. Gross profit rose to $4.1 million in Q2 2026 from $3.2 million in Q1, while gross margin increased to approximately 38.7% from 37.6%. However, this remains well below the roughly 55.1% margin reported in Q2 2025 and 44.2% in Q2 2024.
  • Operating expenses declined sequentially. Total operating expenses fell from $31.0 million in Q1 2026 to $25.0 million before the separately reported Q2 operating items, according to the reported total operating expense line. Selling, general and administrative expense also declined sequentially, although research and development spending remains elevated.
  • The balance sheet has substantial liquidity. Cash and equivalents increased to $557.4 million at June 30, 2026, from $221.0 million at March 31, 2026. Current assets of $602.4 million compared with current liabilities of $27.6 million, indicating a very strong short-term liquidity position.
  • Debt exposure is limited. Reported total liabilities were $31.0 million at the end of Q2 2026, with only $289,000 of capital lease obligations and no significant conventional debt category listed. This reduces near-term interest-rate and refinancing risk.
  • Capital spending remains modest. Purchases of property, plant and equipment were $227,000 in Q2 2026, down from $388,000 in Q1. Low capital expenditures preserve cash, but they may also indicate that Navitas is not yet making substantial investments in production capacity.
  • The Q2 2026 loss was heavily affected by non-operating items. Navitas reported a consolidated net loss of $228.2 million, including $200.9 million of other expense. The cash flow statement also included $211.5 million of non-cash adjustments. Investors should review the company’s filing for the specific nature and potential recurrence of these items.
  • Navitas remains deeply unprofitable. The company reported a Q2 2026 operating loss of $27.2 million and a net loss attributable to common shareholders of $257.4 million, or $0.95 per share. Operating losses have persisted throughout the supplied quarterly history, including losses of $27.8 million in Q1 2026, $41.4 million in Q4 2025 and $29.0 million in Q3 2025.
  • Operating cash flow has remained negative. Cash used in operations was $32.0 million in Q2 2026, compared with $16.4 million in Q1 2026 and $8.1 million in Q4 2025. Negative operating cash flow was also reported in every provided quarter from Q2 2022 through Q2 2026, apart from the accounting-related differences in earlier periods.
  • Equity financing is supporting the cash balance and increasing dilution. Navitas raised $379.9 million through common-equity issuance in Q2 2026, partially offset by a $7.6 million share repurchase. Weighted-average basic shares rose to 240.6 million from 230.0 million in Q1 2026 and 199.0 million in Q2 2025, while retained earnings deteriorated to a deficit of $763.7 million.

Over the longer period covered by the data, revenue has generally trended lower despite the latest sequential rebound. Quarterly revenue declined from $26.1 million in Q4 2023 and $23.2 million in Q1 2024 to $10.5 million in Q2 2026. This contraction has occurred alongside sustained research and development spending, which was $13.2 million in Q2 2026—more than the quarter’s revenue.

The balance sheet is currently a source of financial strength, but the cash position was boosted primarily by financing rather than business operations. At the Q2 2026 operating cash burn rate, the company has considerable liquidity, although future dilution or additional financing could become necessary if operating losses persist. Investors should focus on whether revenue growth can become consistent, whether gross margins recover and whether operating cash flow moves toward breakeven.

09/13/26 01:39 PM ETAI Generated. May Contain Errors.

Navitas Semiconductor Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Navitas Semiconductor's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Navitas Semiconductor's net income appears to be on an upward trend, with a most recent value of -$116.95 million in 2025, rising from -$19.04 million in 2020. The previous period was -$84.60 million in 2024. See Navitas Semiconductor's forecast for analyst expectations on what's next for the company.

Navitas Semiconductor's total operating income in 2025 was -$107.76 million, based on the following breakdown:
  • Total Gross Profit: $14.25 million
  • Total Operating Expenses: $122.01 million

Over the last 5 years, Navitas Semiconductor's total revenue changed from $11.85 million in 2020 to $45.92 million in 2025, a change of 287.5%.

Navitas Semiconductor's total liabilities were at $56.81 million at the end of 2025, a 35.4% increase from 2024, and a 397.2% increase since 2020.

In the past 5 years, Navitas Semiconductor's cash and equivalents has ranged from $38.87 million in 2020 to $268.25 million in 2021, and is currently $236.86 million as of their latest financial filing in 2025.

Over the last 5 years, Navitas Semiconductor's book value per share changed from -4.46 in 2020 to 2.06 in 2025, a change of -146.3%.


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Financial statements for NASDAQ:NVTS last updated on 7/27/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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