Navitas Semiconductor (NVTS) Financials

$17.55 +1.63 (+10.24%)

Closing price 04:00 PM Eastern

Extended Trading

$16.37 -1.18 (-6.75%)

As of 07:12 PM Eastern

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

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	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Period end date	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	9/30/2025	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-59	7.52	-33	0.00	0.00	-19	-40	0.00	0.00	-19	-98
Consolidated Net Income / (Loss)	-59	7.52	-33	-3.68	-22	-19	-40	-17	-49	-19	-32
Net Income / (Loss) Continuing Operations	-59	7.52	-33	-3.68	-22	-19	-40	-17	-49	-19	-32
Total Pre-Tax Income	-59	7.54	-33	-3.61	-22	-19	-44	-16	-49	-19	-32
Total Operating Income	-27	-29	-27	-32	-31	-29	-39	-25	-22	-19	-41
Total Gross Profit	7.49	7.10	11	9.52	7.99	8.61	2.22	5.31	2.33	3.83	2.78
Total Revenue	18	22	26	23	20	22	18	14	14	10	7.30
Operating Revenue	18	22	26	23	20	22	18	14	14	10	7.30
Total Cost of Revenue	11	15	15	14	12	13	16	8.71	12	6.28	4.51
Operating Cost of Revenue	11	15	15	14	12	13	16	8.71	12	6.28	4.51
Total Operating Expenses	35	36	38	41	39	38	41	31	24	23	44
Selling, General & Admin Expense	13	14	15	16	15	15	16	12	7.75	5.23	10
Research & Development Expense	17	17	18	20	19	18	19	13	11	13	12
Amortization Expense	4.77	4.77	4.77	4.77	4.77	4.72	4.66	4.73	4.73	4.74	4.73
Restructuring Charge	-	-	-	0.00	0.00	0.00	-	1.47	0.00	0.00	17
Total Other Income / (Expense), net	-31	36	-6.29	28	8.87	10	-5.37	8.84	-27	0.48	9.81
Interest & Investment Income	0.81	1.70	1.96	1.68	1.29	1.17	0.94	0.71	0.78	1.39	1.53
Other Income / (Expense), net	-32	34	-8.25	26	7.58	9.20	-6.31	8.13	-28	-0.90	8.28
Income Tax Expense	-0.10	0.02	-0.51	0.07	0.06	0.13	-0.60	0.08	0.05	-0.02	-0.06
Other Gains / (Losses), net	-	-	-	0.00	0.00	-	-	-0.28	-0.23	-0.32	-0.29
Basic Earnings per Share	($0.35)	$0.04	($0.16)	($0.02)	($0.12)	($0.10)	($0.22)	($0.09)	($0.25)	($0.09)	($0.14)
Weighted Average Basic Shares Outstanding	165.61M	175.10M	168.93M	179.78M	183.13M	184.67M	182.46M	187.78M	198.96M	212.68M	205.57M
Diluted Earnings per Share	($0.35)	$0.04	($0.16)	($0.02)	($0.12)	($0.10)	($0.22)	($0.09)	($0.25)	($0.09)	($0.14)
Weighted Average Diluted Shares Outstanding	165.61M	185.63M	168.93M	179.78M	183.13M	184.67M	182.46M	187.78M	198.96M	212.68M	205.57M
Weighted Average Basic & Diluted Shares Outstanding	173.72M	178.49M	179.25M	183.10M	183.46M	186.80M	190.53M	191.81M	213.11M	214.94M	230.79M

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

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	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Period end date	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	9/30/2025	12/31/2025
Net Change in Cash & Equivalents	77	-1.05	-24	-23	-18	-13	-10	-13	86	-10	87
Net Cash From Operating Activities	-9.28	-0.24	-24	-20	-15	-14	-10	-14	-11	-10	-8.11
Net Cash From Continuing Operating Activities	-9.28	-0.24	-24	-20	-15	-14	-10	-14	-11	-10	-8.11
Net Income / (Loss) Continuing Operations	-59	7.52	-33	-3.68	-22	-19	-40	-17	-49	-19	-32
Consolidated Net Income / (Loss)	-59	7.52	-33	-3.68	-22	-19	-40	-17	-49	-19	-32
Depreciation Expense	0.48	0.57	0.61	0.72	0.73	0.75	0.77	0.81	0.87	0.88	0.89
Amortization Expense	4.82	4.69	4.77	4.77	4.77	4.72	4.66	4.73	4.73	4.74	4.73
Non-Cash Adjustments To Reconcile Net Income	45	-23	20	-12	5.02	4.90	6.73	-0.05	27	3.13	2.57
Changes in Operating Assets and Liabilities, net	-1.27	9.80	-17	-9.55	-3.31	-5.36	18	-2.19	4.94	0.47	16
Net Cash From Investing Activities	-0.89	-1.71	-1.37	-5.40	-2.74	-0.57	-0.56	-0.04	-0.63	-0.71	-0.00
Net Cash From Continuing Investing Activities	-0.89	-1.71	-1.37	-5.40	-2.74	-0.57	-0.56	-0.04	-0.63	-0.71	-0.00
Purchase of Property, Plant & Equipment	-0.89	-1.71	-1.37	-2.90	-2.74	-0.57	-0.56	-0.04	-0.68	-0.71	-0.05
Sale of Property, Plant & Equipment	-	-	-	-	-	-	-	-	-	-	0.05
Net Cash From Financing Activities	87	0.90	1.45	2.02	0.18	0.91	0.38	0.95	98	0.61	95
Net Cash From Continuing Financing Activities	87	0.90	1.45	2.02	0.18	0.91	0.38	0.95	98	0.61	95
Repurchase of Common Equity	-	-	-	-	-	-	-	-	-	-	0.00
Issuance of Common Equity	88	0.90	1.45	2.02	0.18	0.91	0.38	0.95	101	0.69	100
Other Financing Activities, net	-	-	-	-	-	-	-	-	-	-0.08	-4.52
Cash Interest Paid	-	-	-	-	-	-	-	-	-	0.01	0.01
Cash Income Taxes Paid	-0.01	0.06	0.10	0.03	0.09	0.08	0.10	0.06	0.12	0.07	-0.02

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 Deferred Revenue	0.00	-	0.49	11	0.00	23
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	2.19
Total Noncurrent Liabilities	5.06	219	20	56	21	4.69
Capital Lease Obligations	-	-	-	-	0.00	0.46
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	3.83
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

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	Q3 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	9/30/2025
Total Assets	286	443	416	499	494	468	439	419	371	449	430
Total Current Assets	266	156	130	216	215	191	165	145	108	193	179
Cash & Equivalents	241	125	101	178	177	130	112	99	75	161	151
Accounts Receivable	9.41	11	7.42	15	18	22	23	21	12	12	9.79
Inventories, net	14	17	19	19	16	33	25	21	16	15	15
Prepaid Expenses	2.34	3.39	2.88	4.29	4.51	6.02	4.75	4.16	4.68	4.08	3.83
Plant, Property, & Equipment, net	4.27	5.72	6.84	7.26	8.39	12	13	13	15	15	14
Total Noncurrent Assets	16	281	279	276	271	265	261	261	248	242	237
Noncurrent Note & Lease Receivables	-	-	-	-	-	-	-	5.21	0.48	1.08	1.52
Goodwill	1.18	160	161	163	163	163	163	163	163	163	163
Intangible Assets	0.42	110	106	101	96	86	82	77	67	63	58
Other Noncurrent Operating Assets	14	11	12	12	11	15	16	16	17	15	14
Total Liabilities & Shareholders' Equity	286	443	416	499	494	468	439	419	371	449	430
Total Liabilities	39	61	71	116	91	70	51	39	29	61	59
Total Current Liabilities	16	19	23	36	45	42	29	26	19	23	23
Accounts Payable	6.30	9.31	14	18	15	24	13	14	14	17	14
Current Employee Benefit Liabilities	4.91	4.92	7.71	6.71	15	7.59	7.75	8.50	3.27	4.40	6.34
Other Current Liabilities	1.17	1.21	2.15	12	1.35	1.86	1.89	1.87	1.77	2.10	2.14
Total Noncurrent Liabilities	24	42	48	80	45	28	22	13	9.70	37	37
Capital Lease Obligations	-	-	-	-	-	-	-	-	-	0.62	0.54
Noncurrent Deferred & Payable Income Tax Liabilities	-	13	1.83	1.83	1.83	1.04	1.04	1.04	0.43	0.41	0.37
Other Noncurrent Operating Liabilities	22	28	46	78	43	27	21	12	9.27	36	36
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	247	382	345	383	403	398	388	381	342	389	371
Total Preferred & Common Equity	247	378	345	383	403	398	388	381	342	389	371
Total Common Equity	247	378	345	383	403	398	388	381	342	389	371
Common Stock	362	525	561	659	671	702	714	726	743	840	841
Retained Earnings	-115	-148	-217	-275	-268	-304	-326	-345	-402	-451	-470
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	-0.01

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%

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

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Period end date	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	9/30/2025	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	109.76%	114.57%	111.01%	73.49%	13.32%	-1.35%	-31.01%	-39.51%	-29.21%	-53.36%	-59.42%
EBITDA Growth	-257.51%	127.03%	-76.82%	100.35%	66.65%	-228.87%	-34.42%	-5,830.05%	-143.57%	-2.73%	31.07%
EBIT Growth	-274.51%	113.41%	-62.37%	91.63%	60.36%	-438.22%	-29.27%	-224.45%	-110.48%	-2.74%	26.91%
NOPAT Growth	4.02%	-9.00%	14.12%	10.97%	-14.37%	28.98%	-45.51%	19.86%	30.46%	32.99%	-6.16%
Net Income Growth	-272.97%	122.90%	-311.65%	94.10%	61.85%	-349.10%	-22.35%	-357.19%	-119.79%	-2.69%	20.18%
EPS Growth	-234.62%	116.67%	-33.33%	94.87%	65.71%	-350.00%	-37.50%	-350.00%	-108.33%	10.00%	36.36%
Operating Cash Flow Growth	-19.22%	98.58%	-167.15%	-149.79%	-63.02%	-5,525.00%	57.43%	31.59%	25.74%	27.01%	20.43%
Free Cash Flow Firm Growth	-215.71%	109.76%	105.48%	85.29%	56.70%	-1,243.88%	-322.13%	65.28%	135.39%	162.83%	143.34%
Invested Capital Growth	1,658.28%	-13.44%	-16.65%	10.03%	34.25%	24.51%	14.23%	-0.58%	-17.31%	-21.70%	-20.89%
Revenue Q/Q Growth	35.21%	21.68%	18.56%	-11.06%	-11.68%	5.93%	-17.08%	-22.03%	3.37%	-30.21%	-27.85%
EBITDA Q/Q Growth	6.93%	120.51%	-367.11%	100.68%	-8,994.09%	20.74%	-178.62%	70.83%	-278.06%	66.57%	-86.95%
EBIT Q/Q Growth	5.98%	109.84%	-699.40%	84.90%	-345.04%	16.05%	-129.09%	62.09%	-188.71%	59.02%	-62.98%
NOPAT Q/Q Growth	23.24%	-49.86%	34.32%	-17.84%	1.39%	6.95%	-34.57%	35.10%	14.43%	10.34%	-113.21%
Net Income Q/Q Growth	6.15%	112.85%	-533.28%	88.70%	-506.57%	16.11%	-112.81%	57.78%	-191.61%	60.81%	-65.41%
EPS Q/Q Growth	10.26%	111.43%	-500.00%	87.50%	-500.00%	16.67%	-120.00%	59.09%	-177.78%	64.00%	-55.56%
Operating Cash Flow Q/Q Growth	-17.15%	97.37%	-9,710.25%	17.35%	23.55%	9.26%	25.76%	-32.81%	17.00%	10.81%	19.07%
Free Cash Flow Firm Q/Q Growth	32.70%	103.11%	306.34%	-272.81%	-98.11%	17.77%	21.10%	72.99%	301.91%	45.99%	-46.94%
Invested Capital Q/Q Growth	-15.63%	10.20%	0.91%	17.27%	2.93%	2.21%	-7.42%	2.07%	-14.39%	-3.21%	-7.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	41.47%	32.31%	42.17%	41.06%	39.04%	39.72%	12.36%	37.86%	16.07%	37.89%	38.13%
EBITDA Margin	-299.71%	50.53%	-113.83%	0.88%	-88.21%	-66.01%	-221.79%	-82.98%	-303.49%	-145.38%	-376.70%
Operating Margin	-150.73%	-130.34%	-102.83%	-136.25%	-152.13%	-133.63%	-216.88%	-180.51%	-149.43%	-191.99%	-567.34%
EBIT Margin	-329.03%	26.60%	-134.50%	-22.84%	-115.09%	-91.21%	-252.00%	-122.51%	-342.17%	-200.92%	-453.84%
Profit (Net Income) Margin	-324.03%	34.21%	-125.02%	-15.88%	-109.09%	-86.39%	-221.72%	-120.05%	-338.68%	-190.21%	-436.06%
Tax Burden Percent	99.84%	99.70%	98.47%	101.94%	100.27%	100.67%	89.85%	102.20%	100.56%	101.60%	100.74%
Interest Burden Percent	98.64%	128.99%	94.40%	68.22%	94.53%	94.08%	97.92%	95.89%	98.43%	93.18%	95.38%
Effective Tax Rate	0.00%	0.31%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-52.44%	-34.98%	-22.73%	-33.26%	-40.53%	-33.60%	-51.62%	-35.03%	-28.27%	-30.23%	-78.38%
ROIC Less NNEP Spread (ROIC-NNEP)	-33.32%	-59.28%	-12.19%	-49.24%	-40.16%	-34.72%	-41.09%	-35.89%	-3.38%	-25.69%	-76.64%
Return on Net Nonoperating Assets (RNNOA)	21.83%	22.41%	4.18%	15.29%	15.08%	12.19%	13.46%	9.94%	1.19%	8.50%	31.60%
Return on Equity (ROE)	-30.61%	-12.57%	-18.56%	-17.97%	-25.45%	-21.41%	-38.16%	-25.09%	-27.09%	-21.74%	-46.78%
Cash Return on Invested Capital (CROIC)	-263.06%	-20.71%	-14.71%	-40.79%	-63.58%	-54.43%	-50.62%	-31.98%	-12.94%	-4.97%	-9.10%
Operating Return on Assets (OROA)	-45.25%	3.73%	-23.47%	-4.61%	-22.49%	-18.25%	-47.95%	-21.66%	-52.50%	-26.77%	-46.80%
Return on Assets (ROA)	-44.56%	4.80%	-21.81%	-3.21%	-21.32%	-17.29%	-42.19%	-21.23%	-51.97%	-25.34%	-44.97%
Return on Common Equity (ROCE)	-30.61%	-12.50%	-18.47%	-17.97%	-25.45%	-21.41%	-38.16%	-25.09%	-27.09%	-21.74%	-46.78%
Return on Equity Simple (ROE_SIMPLE)	-42.16%	-30.07%	0.00%	-21.93%	-13.16%	-20.30%	0.00%	-28.60%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-19	-29	-19	-22	-22	-20	-27	-18	-15	-14	-29
NOPAT Margin	-105.51%	-129.94%	-71.98%	-95.37%	-106.49%	-93.54%	-151.81%	-126.36%	-104.60%	-134.39%	-397.14%
Net Nonoperating Expense Percent (NNEP)	-19.12%	24.30%	-10.54%	15.98%	-0.37%	1.13%	-10.53%	0.86%	-24.89%	-4.54%	-1.74%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-4.93%	-5.55%	-	-	-7.84%	-5.18%	-3.89%	-3.66%	-6.52%
Cost of Revenue to Revenue	58.53%	67.70%	57.83%	58.94%	60.96%	60.28%	87.64%	62.14%	83.93%	62.11%	61.87%
SG&A Expenses to Revenue	72.81%	65.61%	57.27%	69.42%	75.15%	69.37%	90.97%	83.75%	53.49%	51.72%	143.57%
R&D to Revenue	92.96%	75.32%	69.41%	87.29%	92.69%	82.23%	105.54%	90.37%	79.34%	131.33%	169.76%
Operating Expenses to Revenue	192.20%	162.64%	145.00%	177.30%	191.16%	173.35%	229.24%	218.37%	165.50%	229.88%	605.47%
Earnings before Interest and Taxes (EBIT)	-59	5.85	-35	-5.29	-24	-20	-45	-17	-50	-20	-33
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-54	11	-30	0.20	-18	-14	-40	-12	-44	-15	-27
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	4.42	2.99	3.78	2.15	1.85	1.18	1.92	1.14	3.23	4.15	3.46
Price to Tangible Book Value (P/TBV)	14.21	8.39	11.40	5.76	5.02	3.19	5.92	3.51	7.71	10.27	6.76
Price to Revenue (P/Rev)	31.40	18.36	18.13	9.58	7.85	4.92	8.01	5.27	18.43	27.19	33.42
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)	7.38	4.55	5.63	2.70	2.20	1.24	2.22	1.18	4.80	6.28	6.31
Enterprise Value to Revenue (EV/Rev)	28.11	15.68	16.22	8.13	6.63	3.84	6.96	4.25	16.07	24.53	28.24
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	-0.66	-0.38	-0.34	-0.31	-0.38	-0.35	-0.33	-0.28	-0.35	-0.33	-0.41
Leverage Ratio	1.25	1.19	1.19	1.19	1.22	1.16	1.20	1.13	1.14	1.13	1.12
Compound Leverage Factor	1.23	1.54	1.12	0.81	1.15	1.10	1.18	1.09	1.13	1.05	1.07
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.16%	0.14%	0.10%
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%	0.16%	0.14%	0.10%
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%	100.00%	100.00%	99.84%	99.86%	99.90%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.01	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.46	1.36	2.44
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.01	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.01	-0.01	-0.01
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	2.00	2.03	3.16
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.01	-0.01	-0.01
Altman Z-Score	8.17	7.82	7.69	6.96	7.84	6.24	8.29	6.90	11.28	14.47	15.18
Noncontrolling Interest Sharing Ratio	0.00%	0.56%	0.47%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	6.01	4.73	4.25	4.55	5.68	5.59	5.69	5.61	8.23	7.94	4.99
Quick Ratio	5.37	4.28	3.67	3.62	4.65	4.61	4.76	4.53	7.41	7.11	4.61
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-213	6.63	27	-47	-92	-76	-60	-16	33	48	25
Operating Cash Flow to CapEx	-1,043.64%	-14.30%	-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%
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	0.14	0.14	0.17	0.20	0.20	0.20	0.19	0.18	0.15	0.13	0.10
Accounts Receivable Turnover	4.40	4.62	4.54	6.03	4.85	4.73	4.18	4.28	3.88	3.67	5.22
Inventory Turnover	2.17	2.47	2.34	2.08	2.55	2.92	2.92	2.03	2.47	2.39	2.20
Fixed Asset Turnover	9.38	9.32	10.13	9.59	8.94	8.52	6.78	5.60	4.91	4.13	3.64
Accounts Payable Turnover	2.97	3.37	2.46	2.85	3.64	3.82	3.10	2.58	3.31	3.10	1.91
Days Sales Outstanding (DSO)	82.99	78.92	80.36	60.56	75.31	77.22	87.28	85.23	94.12	99.57	69.97
Days Inventory Outstanding (DIO)	168.43	147.87	155.74	175.33	143.35	125.04	125.22	179.67	147.93	152.89	165.74
Days Payable Outstanding (DPO)	122.82	108.17	148.56	128.20	100.21	95.45	117.85	141.30	110.31	117.60	190.78
Cash Conversion Cycle (CCC)	128.60	118.62	87.53	107.68	118.45	106.81	94.64	123.60	131.73	134.86	44.93
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	206	227	229	268	276	282	261	267	228	221	206
Invested Capital Turnover	0.50	0.27	0.32	0.35	0.38	0.36	0.34	0.28	0.27	0.23	0.20
Increase / (Decrease) in Invested Capital	194	-35	-46	24	70	56	33	-1.55	-48	-61	-54
Enterprise Value (EV)	1,518	1,031	1,289	725	608	351	580	315	1,096	1,389	1,297
Market Capitalization	1,696	1,207	1,440	855	720	449	667	391	1,256	1,539	1,535
Book Value per Share	$2.38	$2.32	$2.13	$2.22	$2.12	$2.08	$1.86	$1.79	$2.03	$1.74	$2.06
Tangible Book Value per Share	$0.74	$0.83	$0.71	$0.83	$0.78	$0.77	$0.60	$0.58	$0.85	$0.70	$1.06
Total Capital	383	403	381	398	388	381	348	342	389	372	444
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.62	0.54	0.46
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.62	0.54	0.46
Net Debt	-178	-177	-152	-130	-112	-99	-87	-75	-161	-150	-238
Capital Expenditures (CapEx)	0.89	1.71	1.37	2.90	2.74	0.57	0.56	0.04	0.68	0.71	0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	2.39	-7.40	5.78	19	24	21	12	14	8.25	5.75	-31
Debt-free Net Working Capital (DFNWC)	180	169	158	149	136	119	99	89	169	156	208
Net Working Capital (NWC)	180	169	158	149	136	119	99	89	169	156	208
Net Nonoperating Expense (NNE)	39	-36	14	-18	0.53	-1.55	13	-0.88	34	5.64	2.84
Net Nonoperating Obligations (NNO)	-178	-177	-152	-130	-112	-99	-87	-75	-161	-150	-238
Total Depreciation and Amortization (D&A)	5.30	5.26	5.38	5.50	5.50	5.47	5.43	5.54	5.60	5.62	5.63
Debt-free, Cash-free Net Working Capital to Revenue	4.42%	-11.25%	7.28%	21.76%	25.78%	22.51%	14.87%	18.69%	12.10%	10.16%	-67.12%
Debt-free Net Working Capital to Revenue	333.51%	257.50%	198.44%	167.03%	147.94%	130.43%	118.99%	120.02%	248.56%	276.16%	452.53%
Net Working Capital to Revenue	333.51%	257.50%	198.44%	167.03%	147.94%	130.43%	118.99%	120.02%	248.56%	276.16%	452.53%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.35)	$0.04	($0.16)	($0.02)	($0.12)	($0.10)	($0.22)	($0.09)	($0.25)	($0.09)	($0.14)
Adjusted Weighted Average Basic Shares Outstanding	165.61M	175.10M	168.93M	179.78M	183.13M	184.67M	182.46M	187.78M	198.96M	212.68M	205.57M
Adjusted Diluted Earnings per Share	($0.35)	$0.04	($0.16)	($0.02)	($0.12)	($0.10)	($0.22)	($0.09)	($0.25)	($0.09)	($0.14)
Adjusted Weighted Average Diluted Shares Outstanding	165.61M	185.63M	168.93M	179.78M	183.13M	184.67M	182.46M	187.78M	198.96M	212.68M	205.57M
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	173.72M	178.49M	179.25M	183.10M	183.46M	186.80M	190.53M	191.81M	213.11M	214.94M	230.79M
Normalized Net Operating Profit after Tax (NOPAT)	-19	-29	-19	-22	-22	-20	-27	-17	-15	-14	-17
Normalized NOPAT Margin	-105.51%	-129.94%	-71.98%	-95.37%	-106.49%	-93.54%	-151.81%	-119.02%	-104.60%	-134.39%	-238.06%
Pre Tax Income Margin	-324.57%	34.32%	-126.96%	-15.58%	-108.79%	-85.81%	-246.76%	-117.47%	-336.80%	-187.21%	-432.87%
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	-0.30%	-0.40%	-0.33%	0.00%	0.00%	0.00%	0.00%	0.00%	-2.61%	-2.60%	-2.78%

Financials Breakdown Chart

Key Financial Trends

Below are the top takeaways from Navitas Semiconductor’s quarterly statements (last four years) focused on the income statement, cash flow, and balance sheet. The bullets are sorted with positive items first, then neutral, then negative items.

Significant equity financing in 2025 has materially bolstered liquidity, with Navitas issuing roughly $100 million of common equity in both Q2 2025 and Q4 2025 (Q2: about $100.9M; Q4: about $100.0M), contributing to substantial cash raised in those periods.
Solid balance-sheet liquidity and a healthy capital base in 2025: cash and cash equivalents around $150–161 million in recent quarters; total equity about $371 million; total liabilities roughly $59 million, indicating a strong equity cushion and low leverage.
Net cash from financing activities was strongly positive in multiple 2025 quarters (e.g., Q2 2025 about $97.6M; Q4 2025 about $95.5M), helping expand Navitas’ cash balance despite operating cash-flow pressures.
Recent gross margins have been meaningful when present—Q4 2025 gross profit of about $2.78M on $7.30M revenue yields roughly 38% gross margin, suggesting product profitability even as net income remains negative.
Revenue levels have been volatile across the period; for example, 2024’s Q4 saw higher quarterly revenue (around $26M) compared with several 2025 quarters (e.g., Q4 2025 around $7.3M), indicating demand swings rather than a steady trend.
Balance-sheet assets include sizable goodwill and intangible assets (Goodwill around $163M, intangible assets often in the $60–110M range across 2023–2025), which could imply impairment risk if future performance deteriorates.
Equity financings imply potential dilution for existing shareholders over time, as large equity issuances increase share count and dilute ownership.
Net losses persisted in 2025 quarters, with Q4 2025 reporting a net loss of about $31.8 million and an EPS of roughly -$0.14, reflecting ongoing profitability challenges.
Cash flow from operations was negative in each 2025 quarter (e.g., Q4 -$8.1M; Q3 -$10.0M; Q2 -$11.2M; Q1 -$13.5M), signaling ongoing cash burn from core operations.
A significant restructuring charge in Q4 2025 totaled about $16.6 million, contributing to the quarterly expense load and pressuring earnings.

05/05/26 04:51 PM ETAI Generated. May Contain Errors.

Frequently Asked Questions About Navitas Semiconductor's Financials

When does Navitas Semiconductor's financial year end?

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

How has Navitas Semiconductor's net income changed over the last 5 years?

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. Check out Navitas Semiconductor's forecast to explore projected trends and price targets.

What is Navitas Semiconductor's operating income?

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

How has Navitas Semiconductor's revenue changed over the last 5 years?

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%.

How much debt does Navitas Semiconductor have?

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.

How much cash does Navitas Semiconductor have?

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.

How has Navitas Semiconductor's book value per share changed over the last 5 years?

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 3/3/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Navitas Semiconductor (NVTS) Financials

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Navitas Semiconductor (NVTS) Financials

Annual Income Statements for Navitas Semiconductor

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Quarterly Balance Sheets for Navitas Semiconductor

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Quarterly Metrics And Ratios for Navitas Semiconductor

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