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Wolfspeed (WOLF) Financials

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$1.44 -0.27 (-15.50%)
Closing price 05/23/2025 03:59 PM Eastern
Extended Trading
$1.43 -0.01 (-0.97%)
As of 05/23/2025 07:59 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
Annual Income Statements for Wolfspeed

Annual Income Statements for Wolfspeed

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

Metric 2024 2023 2022
Period end date 6/30/2024 6/25/2023 6/26/2022
Net Income / (Loss) Attributable to Common Shareholders
-864 -330 -201
Consolidated Net Income / (Loss)
-864 -330 -201
Net Income / (Loss) Continuing Operations
-574 -261 -250
Total Pre-Tax Income
-573 -260 -242
Total Operating Income
-445 -312 -203
Total Gross Profit
77 243 208
Total Revenue
807 759 572
Operating Revenue
807 759 572
Total Cost of Revenue
730 516 364
Operating Cost of Revenue
730 516 364
Total Operating Expenses
523 555 411
Selling, General & Admin Expense
246 214 183
Research & Development Expense
202 166 143
Amortization Expense
1.10 1.70 2.20
Other Operating Expenses / (Income)
72 171 84
Other Special Charges / (Income)
1.20 2.00 -0.30
Total Other Income / (Expense), net
-127 52 -39
Other Income / (Expense), net
-127 52 -39
Income Tax Expense
1.10 0.70 8.20
Net Income / (Loss) Discontinued Operations
-291 -69 49
Basic Earnings per Share
($6.88) ($2.65) ($1.67)
Weighted Average Basic Shares Outstanding
125.69M 124.37M 120.12M
Diluted Earnings per Share
($6.88) ($2.65) ($1.67)
Weighted Average Diluted Shares Outstanding
125.69M 124.37M 120.12M
Weighted Average Basic & Diluted Shares Outstanding
126.87M 125.25M 124.10M

Quarterly Income Statements for Wolfspeed

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

Metric Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022
Period end date 12/29/2024 9/29/2024 6/30/2024 3/31/2024 12/31/2023 9/24/2023 6/25/2023 3/26/2023 12/25/2022 9/25/2022 6/26/2022
Net Income / (Loss) Attributable to Common Shareholders
-372 -282 -175 -149 -145 -396 -113 -100 -91 -26 32
Consolidated Net Income / (Loss)
-372 -282 -175 -149 -145 -396 -113 -100 -91 -26 32
Net Income / (Loss) Continuing Operations
-372 -282 -175 -149 -126 -124 -91 -83 -72 -14 -17
Total Pre-Tax Income
-372 -282 -174 -149 -126 -123 -91 -83 -72 -14 -17
Total Operating Income
-323 -230 -146 -106 -98 -95 -90 -86 -73 -64 -14
Total Gross Profit
-37 -36 2.40 23 28 25 59 60 57 68 38
Total Revenue
181 195 201 201 208 197 203 193 174 189 54
Operating Revenue
181 195 201 201 208 197 203 193 174 189 54
Total Cost of Revenue
218 231 198 178 181 173 144 133 117 122 17
Operating Cost of Revenue
218 231 198 178 181 173 144 133 117 122 17
Total Operating Expenses
286 194 148 129 126 120 148 146 130 131 52
Selling, General & Admin Expense
51 62 62 56 65 64 59 55 50 50 35
Research & Development Expense
44 51 60 53 45 44 44 42 39 40 -5.60
Amortization Expense
0.30 0.30 0.20 0.30 0.30 0.30 0.40 0.20 0.60 0.50 -8.40
Other Operating Expenses / (Income)
64 80 26 20 15 11 45 46 39 40 31
Impairment Charge
126 0.60 - - 0.30 - - 1.70 - - -
Total Other Income / (Expense), net
-49 -52 -29 -42 -28 -29 -1.40 2.90 1.00 50 -3.10
Other Income / (Expense), net
-49 -52 -29 -42 -28 -29 -1.40 2.90 1.00 50 -3.10
Income Tax Expense
-0.10 0.40 0.50 0.10 0.30 0.20 0.20 0.30 0.10 0.10 -0.50
Net Income / (Loss) Discontinued Operations
0.00 0.00 - 0.00 -19 -272 -22 -16 -19 -12 -
Basic Earnings per Share
($2.88) ($2.23) ($1.39) ($1.18) ($1.15) ($3.16) ($0.91) ($0.80) ($0.73) ($0.21) $0.29
Weighted Average Basic Shares Outstanding
129.02M 126.73M 125.69M 125.83M 125.60M 125.11M 124.37M 124.44M 124.34M 124.04M 120.12M
Diluted Earnings per Share
($2.88) ($2.23) ($1.39) ($1.18) ($1.15) ($3.16) ($0.91) ($0.80) ($0.73) ($0.21) $0.29
Weighted Average Diluted Shares Outstanding
129.02M 126.73M 125.69M 125.83M 125.60M 125.11M 124.37M 124.44M 124.34M 124.04M 120.12M
Weighted Average Basic & Diluted Shares Outstanding
155.57M 127.71M 126.87M 125.85M 125.80M 125.33M 125.25M 124.47M 124.42M 124.21M 124.10M

Annual Cash Flow Statements for Wolfspeed

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

Metric 2024 2023 2022
Period end date 6/30/2024 6/25/2023 6/26/2022
Net Change in Cash & Equivalents
-711 1,308 71
Net Cash From Operating Activities
-726 -143 -154
Net Cash From Continuing Operating Activities
-671 -102 -125
Net Income / (Loss) Continuing Operations
-574 -261 -250
Consolidated Net Income / (Loss)
-864 -330 -201
Net Income / (Loss) Discontinued Operations
-291 -69 49
Depreciation Expense
181 146 112
Amortization Expense
0.90 2.80 26
Non-Cash Adjustments To Reconcile Net Income
68 77 79
Changes in Operating Assets and Liabilities, net
-347 -67 -92
Net Cash From Discontinued Operating Activities
-54 -40 -29
Net Cash From Investing Activities
-1,943 -1,147 -391
Net Cash From Continuing Investing Activities
-1,940 -1,139 -382
Purchase of Property, Plant & Equipment
-2,274 -950 -637
Acquisitions
-5.90 -4.90 -4.80
Purchase of Investments
-1,601 -1,191 -475
Sale of Property, Plant & Equipment
0.40 1.70 3.10
Divestitures
76 102 125
Sale and/or Maturity of Investments
1,686 747 468
Other Investing Activities, net
179 156 139
Net Cash From Discontinued Investing Activities
-3.10 -7.80 -9.00
Net Cash From Financing Activities
1,958 2,597 616
Net Cash From Continuing Financing Activities
1,958 2,597 616
Repayment of Debt
-46 -83 -38
Issuance of Debt
2,000 2,950 770
Issuance of Common Equity
23 24 22
Other Financing Activities, net
-19 -294 -138
Effect of Exchange Rate Changes
-0.20 0.00 -0.20

Quarterly Cash Flow Statements for Wolfspeed

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

Metric Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022
Period end date 12/29/2024 9/29/2024 6/30/2024 3/31/2024 12/31/2023 9/24/2023 6/25/2023 3/26/2023 12/25/2022 9/25/2022 6/26/2022
Net Change in Cash & Equivalents
-112 -320 -97 238 -858 5.00 962 -290 564 72 -36
Net Cash From Operating Activities
-195 -132 -240 -136 -203 -147 -52 -11 -67 -13 -31
Net Cash From Continuing Operating Activities
-195 -132 -240 -136 -183 -113 -39 6.40 -63 -6.70 -1.40
Net Income / (Loss) Continuing Operations
-372 -282 -175 -149 -126 -124 -91 -83 -72 -14 -17
Consolidated Net Income / (Loss)
-372 -282 -175 -149 -145 -396 -113 -100 -91 -26 32
Depreciation Expense
67 71 45 47 49 40 41 37 35 34 14
Amortization Expense
11 2.90 0.60 -0.60 -1.00 1.90 -1.10 -1.20 2.40 2.70 8.80
Non-Cash Adjustments To Reconcile Net Income
136 24 10 21 17 20 17 19 19 22 8.50
Changes in Operating Assets and Liabilities, net
-37 52 -121 -54 -122 -51 -4.00 35 -47 -51 -16
Net Cash From Investing Activities
-230 -193 -369 -125 -664 -786 -146 -279 -825 103 -13
Net Cash From Continuing Investing Activities
-230 -193 -369 -125 -663 -784 -145 -277 -824 107 -4.00
Purchase of Property, Plant & Equipment
-402 -437 -644 -578 -610 -442 -425 -291 -126 -108 -101
Acquisitions
-1.20 -1.20 -1.60 -1.10 -1.90 -1.30 -1.30 -1.30 -1.20 -1.10 -0.60
Purchase of Investments
-116 -56 -113 -181 -532 -775 -171 -206 -785 -29 -67
Sale and/or Maturity of Investments
288 259 390 536 366 395 427 162 64 94 109
Net Cash From Financing Activities
314 4.80 512 499 8.60 938 1,160 -0.30 1,455 -18 7.60
Net Cash From Continuing Financing Activities
314 4.80 512 499 8.60 938 1,160 -0.30 1,455 -18 7.60
Repayment of Debt
-26 -0.10 -0.10 -0.10 -0.10 -46 -51 -0.10 -32 -0.20 -0.10
Issuance of Debt
240 0.00 500 500 - 1,000 1,200 - 1,750 0.00 -
Issuance of Common Equity
100 0.00 13 - 10 0.50 12 0.20 11 0.50 11
Other Financing Activities, net
-0.10 4.90 -0.50 -0.80 -1.70 -16 -1.50 -0.40 -274 -18 -3.00
Effect of Exchange Rate Changes
-0.50 0.40 -0.10 -0.20 0.20 -0.10 - - 0.40 -0.40 -0.20

Annual Balance Sheets for Wolfspeed

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

Metric 2024 2023 2022
Period end date 6/30/2024 6/25/2023 6/26/2022
Total Assets
7,985 6,587 3,918
Total Current Assets
3,000 3,607 1,762
Cash & Equivalents
1,046 1,757 450
Short-Term Investments
1,129 1,198 749
Accounts Receivable
147 155 150
Inventories, net
441 285 227
Prepaid Expenses
57 37 32
Current Deferred & Refundable Income Taxes
0.50 0.80 1.30
Other Current Assets
180 132 153
Plant, Property, & Equipment, net
3,652 2,166 1,481
Total Noncurrent Assets
1,333 815 674
Long-Term Investments
79 - -
Noncurrent Note & Lease Receivables
644 2.60 105
Goodwill
359 359 359
Intangible Assets
24 24 125
Noncurrent Deferred & Refundable Income Taxes
1.10 1.20 1.00
Other Noncurrent Operating Assets
225 303 84
Total Liabilities & Shareholders' Equity
7,985 6,587 3,918
Total Liabilities
7,103 4,965 1,467
Total Current Liabilities
665 628 389
Accounts Payable
524 535 308
Current Deferred Revenue
62 39 37
Current Deferred & Payable Income Tax Liabilities
1.00 9.60 -
Other Current Liabilities
78 36 32
Total Noncurrent Liabilities
6,437 4,337 1,090
Long-Term Debt
6,161 4,175 1,022
Noncurrent Deferred & Payable Income Tax Liabilities
11 3.90 3.20
Other Noncurrent Operating Liabilities
265 153 65
Commitments & Contingencies
0.00 0.00 0.00
Total Equity & Noncontrolling Interests
882 1,622 2,439
Total Preferred & Common Equity
882 1,622 2,439
Preferred Stock
0.00 0.00 0.00
Total Common Equity
882 1,622 2,439
Common Stock
3,822 3,711 4,229
Retained Earnings
-2,928 -2,064 -1,764
Accumulated Other Comprehensive Income / (Loss)
-12 -25 -25

Quarterly Balance Sheets for Wolfspeed

This table presents Wolfspeed'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 2025 Q1 2025 Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023
Period end date 12/29/2024 9/29/2024 3/31/2024 12/31/2023 9/24/2023 3/26/2023 12/25/2022 9/25/2022
Total Assets
7,741 7,858 7,696 7,290 7,313 5,455 5,343 3,859
Total Current Assets
2,227 2,458 3,331 3,446 4,080 2,849 3,084 1,754
Cash & Equivalents
614 726 1,142 904 1,762 795 1,085 522
Short-Term Investments
791 962 1,409 1,731 1,586 1,453 1,399 676
Accounts Receivable
154 145 124 133 154 164 169 159
Inventories, net
477 468 421 370 341 289 267 242
Prepaid Expenses
68 58 71 78 69 35 28 31
Current Deferred & Refundable Income Taxes
0.30 0.30 0.80 0.60 0.40 1.10 1.00 0.60
Other Current Assets
123 99 163 229 154 112 135 125
Plant, Property, & Equipment, net
3,903 3,959 3,222 2,850 2,453 1,904 1,650 1,530
Total Noncurrent Assets
1,611 1,440 1,075 994 780 702 609 575
Long-Term Investments
95 79 - 66 - - - -
Noncurrent Note & Lease Receivables
867 726 2.80 2.50 2.60 2.70 2.90 2.90
Goodwill
359 359 359 359 359 359 359 359
Intangible Assets
24 24 24 24 25 118 120 123
Noncurrent Deferred & Refundable Income Taxes
1.10 1.10 1.20 1.20 1.20 1.00 1.00 1.00
Other Noncurrent Operating Assets
265 251 688 541 392 221 126 89
Total Liabilities & Shareholders' Equity
7,741 7,858 7,696 7,290 7,313 5,455 5,343 3,859
Total Liabilities
7,369 7,229 6,674 6,140 6,067 3,748 3,563 1,749
Total Current Liabilities
707 783 727 671 749 607 460 381
Accounts Payable
456 600 556 524 549 522 389 307
Current Deferred Revenue
42 - 56 51 - 42 35 37
Current Deferred & Payable Income Tax Liabilities
1.00 1.30 10 10 9.80 9.50 9.40 9.10
Other Current Liabilities
208 181 105 86 57 34 27 27
Total Noncurrent Liabilities
6,662 6,446 5,947 5,469 5,318 3,141 3,103 1,368
Long-Term Debt
6,424 6,170 5,664 5,168 5,159 3,023 3,021 1,301
Noncurrent Deferred & Payable Income Tax Liabilities
11 11 11 11 4.20 3.70 3.50 3.40
Other Noncurrent Operating Liabilities
227 265 272 290 154 114 78 64
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
373 629 1,023 1,150 1,246 1,707 1,780 2,110
Total Preferred & Common Equity
373 629 1,023 1,150 1,246 1,707 1,780 2,110
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
373 629 1,023 1,150 1,246 1,707 1,780 2,110
Common Stock
3,961 3,844 3,789 3,767 3,729 3,681 3,660 3,902
Retained Earnings
-3,583 -3,211 -2,754 -2,605 -2,460 -1,951 -1,851 -1,761
Accumulated Other Comprehensive Income / (Loss)
-5.70 -4.30 -13 -12 -23 -23 -29 -32

Annual Metrics And Ratios for Wolfspeed

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

Metric 2024 2023 2022
Period end date 6/30/2024 6/25/2023 6/26/2022
Growth Metrics
- - -
Revenue Growth
6.42% 32.58% 8.85%
EBITDA Growth
-250.63% -6.91% 41.98%
EBIT Growth
-120.36% -7.40% 28.89%
NOPAT Growth
-42.82% -53.52% 35.30%
Net Income Growth
-161.96% -64.21% 61.55%
EPS Growth
-159.62% -58.68% 64.16%
Operating Cash Flow Growth
-408.84% 7.52% -22.87%
Free Cash Flow Firm Growth
-280.94% -0.51% 15.34%
Invested Capital Growth
78.13% 18.25% 27.32%
Revenue Q/Q Growth
-0.25% 24.30% -13.78%
EBITDA Q/Q Growth
-24.75% -101.45% 50.00%
EBIT Q/Q Growth
-17.05% -39.60% 33.67%
NOPAT Q/Q Growth
-14.47% -31.90% 36.85%
Net Income Q/Q Growth
-7.68% -79.10% 47.26%
EPS Q/Q Growth
-7.50% -82.76% 48.30%
Operating Cash Flow Q/Q Growth
-34.87% -17.37% 11.07%
Free Cash Flow Firm Q/Q Growth
-29.81% -18.44% 1.18%
Invested Capital Q/Q Growth
17.73% 8.33% 7.62%
Profitability Metrics
- - -
Gross Margin
9.59% 32.02% 36.37%
EBITDA Margin
-48.39% -14.69% -18.21%
Operating Margin
-55.17% -41.11% -35.50%
EBIT Margin
-70.92% -34.25% -42.28%
Profit (Net Income) Margin
-107.06% -43.49% -35.12%
Tax Burden Percent
150.95% 126.98% 83.05%
Interest Burden Percent
100.00% 100.00% 100.00%
Effective Tax Rate
0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
-8.34% -8.80% -7.00%
ROIC Less NNEP Spread (ROIC-NNEP)
-30.55% -33.57% 16.66%
Return on Net Nonoperating Assets (RNNOA)
-60.69% -7.45% -1.82%
Return on Equity (ROE)
-69.03% -16.25% -8.82%
Cash Return on Invested Capital (CROIC)
-64.52% -25.52% -31.04%
Operating Return on Assets (OROA)
-7.86% -4.95% -6.57%
Return on Assets (ROA)
-11.86% -6.28% -5.46%
Return on Common Equity (ROCE)
-69.03% -16.25% -8.82%
Return on Equity Simple (ROE_SIMPLE)
-97.97% -20.34% -8.24%
Net Operating Profit after Tax (NOPAT)
-312 -218 -142
NOPAT Margin
-38.62% -28.78% -24.85%
Net Nonoperating Expense Percent (NNEP)
22.22% 24.78% -23.67%
Cost of Revenue to Revenue
90.41% 67.98% 63.63%
SG&A Expenses to Revenue
30.53% 28.25% 31.99%
R&D to Revenue
25.01% 21.85% 24.93%
Operating Expenses to Revenue
64.75% 73.13% 71.88%
Earnings before Interest and Taxes (EBIT)
-573 -260 -242
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-391 -111 -104
Valuation Ratios
- - -
Price to Book Value (P/BV)
3.25 3.80 3.62
Price to Tangible Book Value (P/TBV)
5.74 4.97 4.52
Price to Revenue (P/Rev)
3.55 8.12 15.43
Price to Earnings (P/E)
0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
1.43 2.74 3.80
Enterprise Value to Revenue (EV/Rev)
8.49 9.72 15.12
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00
Leverage & Solvency
- - -
Debt to Equity
6.98 2.57 0.42
Long-Term Debt to Equity
6.98 2.57 0.42
Financial Leverage
1.99 0.22 -0.11
Leverage Ratio
5.82 2.59 1.62
Compound Leverage Factor
5.82 2.59 1.62
Debt to Total Capital
87.48% 72.02% 29.52%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
87.48% 72.02% 29.52%
Preferred Equity to Total Capital
0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00%
Common Equity to Total Capital
12.52% 27.98% 70.48%
Debt to EBITDA
-15.77 -37.48 -9.80
Net Debt to EBITDA
-10.21 -10.95 1.70
Long-Term Debt to EBITDA
-15.77 -37.48 -9.80
Debt to NOPAT
-19.77 -19.13 -7.19
Net Debt to NOPAT
-12.79 -5.59 1.25
Long-Term Debt to NOPAT
-19.77 -19.13 -7.19
Altman Z-Score
-0.06 0.83 3.34
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00%
Liquidity Ratios
- - -
Current Ratio
4.51 5.74 4.54
Quick Ratio
3.49 4.95 3.47
Cash Flow Metrics
- - -
Free Cash Flow to Firm (FCFF)
-2,412 -633 -630
Operating Cash Flow to CapEx
-31.91% -15.04% -24.33%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00
Efficiency Ratios
- - -
Asset Turnover
0.11 0.14 0.16
Accounts Receivable Turnover
5.34 4.97 4.65
Inventory Turnover
2.01 2.01 1.85
Fixed Asset Turnover
0.28 0.42 0.00
Accounts Payable Turnover
1.38 1.22 1.06
Days Sales Outstanding (DSO)
68.32 73.39 78.51
Days Inventory Outstanding (DIO)
181.45 181.19 197.34
Days Payable Outstanding (DPO)
264.60 298.10 345.35
Cash Conversion Cycle (CCC)
-14.82 -43.53 -69.50
Capital & Investment Metrics
- - -
Invested Capital
4,789 2,689 2,274
Invested Capital Turnover
0.22 0.31 0.28
Increase / (Decrease) in Invested Capital
2,101 415 488
Enterprise Value (EV)
6,851 7,375 8,650
Market Capitalization
2,864 6,155 8,828
Book Value per Share
$7.01 $13.03 $19.73
Tangible Book Value per Share
$3.96 $9.95 $15.81
Total Capital
7,043 5,797 3,461
Total Debt
6,161 4,175 1,022
Total Long-Term Debt
6,161 4,175 1,022
Net Debt
3,987 1,220 -177
Capital Expenditures (CapEx)
2,274 948 634
Debt-free, Cash-free Net Working Capital (DFCFNWC)
160 24 175
Debt-free Net Working Capital (DFNWC)
2,334 2,979 1,374
Net Working Capital (NWC)
2,334 2,979 1,374
Net Nonoperating Expense (NNE)
552 112 59
Net Nonoperating Obligations (NNO)
3,907 1,067 -166
Total Depreciation and Amortization (D&A)
182 148 138
Debt-free, Cash-free Net Working Capital to Revenue
19.78% 3.12% 30.61%
Debt-free Net Working Capital to Revenue
289.18% 392.70% 240.15%
Net Working Capital to Revenue
289.18% 392.70% 240.15%
Earnings Adjustments
- - -
Adjusted Basic Earnings per Share
($6.88) ($2.65) ($1.67)
Adjusted Weighted Average Basic Shares Outstanding
125.69M 124.37M 120.12M
Adjusted Diluted Earnings per Share
($6.88) ($2.65) ($1.67)
Adjusted Weighted Average Diluted Shares Outstanding
125.69M 124.37M 120.12M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
126.87M 125.25M 124.10M
Normalized Net Operating Profit after Tax (NOPAT)
-311 -217 -142
Normalized NOPAT Margin
-38.51% -28.59% -24.89%
Pre Tax Income Margin
-70.92% -34.25% -42.28%
Debt Service Ratios
- - -
EBIT to Interest Expense
0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00
Payout Ratios
- - -
Dividend Payout Ratio
0.00% 0.00% 0.00%
Augmented Payout Ratio
0.00% 0.00% 0.00%

Quarterly Metrics And Ratios for Wolfspeed

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

Metric Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022
Period end date 12/29/2024 9/29/2024 6/30/2024 3/31/2024 12/31/2023 9/24/2023 6/25/2023 3/26/2023 12/25/2022 9/25/2022 6/26/2022
Growth Metrics
- - - - - - - - - - -
Revenue Growth
-13.39% -1.37% -0.99% 4.21% 19.91% 4.22% 272.61% 2.45% 0.40% 20.95% -62.69%
EBITDA Growth
-276.37% -155.28% -151.96% -115.58% -123.08% -466.67% -1,100.00% -55.74% 30.36% 178.17% 105.15%
EBIT Growth
-195.71% -128.36% -91.65% -79.71% -74.86% -781.43% -426.01% -25.26% 18.83% 79.94% 87.65%
NOPAT Growth
-229.26% -142.47% -62.83% -24.15% -34.38% -49.45% -530.99% -37.56% -19.87% 3.35% 89.30%
Net Income Growth
-157.22% 28.68% -54.37% -49.65% -59.19% -1,410.31% -449.69% -49.62% 6.00% 62.62% 121.95%
EPS Growth
-150.43% 29.43% -52.75% -47.50% -57.53% -1,404.76% -413.79% -48.15% 10.98% 65.00% 122.83%
Operating Cash Flow Growth
3.65% 10.45% -361.46% -1,138.18% -202.24% -1,060.63% -68.51% 61.27% -106.15% 79.68% 38.40%
Free Cash Flow Firm Growth
-39.39% -108.90% -361.09% -286.89% -517.27% -308.08% 4.04% 5.90% 69.02% 55.64% 19.36%
Invested Capital Growth
46.48% 60.61% 78.13% 63.90% 56.08% 41.56% 18.25% 17.48% 7.94% 9.78% 27.32%
Revenue Q/Q Growth
-7.29% -2.99% 0.00% -3.69% 5.57% -2.61% 5.24% 10.82% -8.24% 248.16% -71.06%
EBITDA Q/Q Growth
-41.82% -61.71% -25.49% -30.78% 3.81% -59.61% -7.37% -35.33% -258.11% 335.29% 116.72%
EBIT Q/Q Growth
-32.12% -61.58% -17.20% -18.19% -2.03% -35.60% -9.90% -15.00% -414.29% 19.08% 73.83%
NOPAT Q/Q Growth
-40.37% -57.71% -37.12% -8.46% -3.37% -5.92% -4.55% -17.40% -14.96% -347.18% 77.21%
Net Income Q/Q Growth
-31.89% -61.35% -17.46% -2.90% 63.43% -249.25% -13.87% -9.46% -246.95% -180.86% 148.72%
EPS Q/Q Growth
-29.15% -60.43% -17.80% -2.61% 63.61% -247.25% -13.75% -9.59% -247.62% -172.41% 153.70%
Operating Cash Flow Q/Q Growth
-47.80% 44.89% -75.84% 32.74% -37.38% -184.01% -371.82% 83.58% -427.56% 58.77% -8.45%
Free Cash Flow Firm Q/Q Growth
7.44% 6.48% -32.66% -21.39% -38.71% -106.42% -11.31% -93.68% 8.30% 51.46% -9.15%
Invested Capital Q/Q Growth
5.26% 5.07% 17.73% 12.50% 15.42% 16.52% 8.33% 7.13% 4.68% -2.66% 7.62%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
-20.61% -18.59% 1.20% 11.21% 13.34% 12.51% 28.96% 31.05% 32.62% 35.74% 69.30%
EBITDA Margin
-163.27% -106.73% -64.03% -51.02% -37.57% -41.24% -25.16% -24.66% -20.20% 11.72% 9.38%
Operating Margin
-178.95% -118.18% -72.70% -53.01% -47.07% -48.08% -44.20% -44.50% -42.00% -33.53% -26.10%
EBIT Margin
-206.26% -144.74% -86.90% -74.14% -60.41% -62.51% -44.89% -42.99% -41.43% -7.39% -31.80%
Profit (Net Income) Margin
-206.21% -144.94% -87.15% -74.19% -69.43% -200.46% -55.90% -51.66% -52.30% -13.83% 59.56%
Tax Burden Percent
99.97% 100.14% 100.29% 100.07% 114.93% 320.66% 124.51% 120.17% 126.25% 187.14% -187.28%
Interest Burden Percent
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 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)
-21.83% -16.30% -10.99% -9.17% -8.90% -9.65% -9.46% -8.27% -7.98% -6.71% -5.15%
ROIC Less NNEP Spread (ROIC-NNEP)
-25.78% -20.15% -13.91% -13.07% -13.96% -42.73% -20.68% -24.16% -34.16% 38.80% -22.21%
Return on Net Nonoperating Assets (RNNOA)
-125.12% -67.63% -27.63% -18.29% -14.31% -25.35% -4.59% -2.93% -2.50% 0.75% 2.42%
Return on Equity (ROE)
-146.95% -83.93% -38.62% -27.46% -23.21% -35.00% -14.05% -11.21% -10.48% -5.96% -2.73%
Cash Return on Invested Capital (CROIC)
-50.36% -56.47% -64.52% -56.74% -52.49% -43.39% -25.52% -23.27% -14.32% -15.98% -31.04%
Operating Return on Assets (OROA)
-21.31% -15.35% -9.63% -9.12% -7.66% -8.58% -6.48% -5.70% -5.86% -1.26% -4.94%
Return on Assets (ROA)
-21.31% -15.37% -9.66% -9.13% -8.81% -27.51% -8.07% -6.85% -7.40% -2.35% 9.25%
Return on Common Equity (ROCE)
-146.95% -83.93% -38.62% -27.46% -23.21% -35.00% -14.05% -11.21% -10.48% -5.96% -2.73%
Return on Equity Simple (ROE_SIMPLE)
-262.53% -119.37% 0.00% -78.49% -65.48% -56.15% 0.00% -10.79% -8.49% -7.44% 0.00%
Net Operating Profit after Tax (NOPAT)
-226 -161 -102 -74 -69 -66 -63 -60 -51 -44 -9.94
NOPAT Margin
-125.26% -82.73% -50.89% -37.11% -32.95% -33.65% -30.94% -31.15% -29.40% -23.47% -18.27%
Net Nonoperating Expense Percent (NNEP)
3.95% 3.85% 2.93% 3.90% 5.06% 33.08% 11.23% 15.89% 26.18% -45.51% 17.06%
Return On Investment Capital (ROIC_SIMPLE)
-3.33% - - - -1.09% - - - - - -
Cost of Revenue to Revenue
120.61% 118.59% 98.80% 88.79% 86.66% 87.49% 71.04% 68.95% 67.38% 64.26% 30.70%
SG&A Expenses to Revenue
28.31% 31.95% 30.69% 27.80% 31.14% 32.47% 29.01% 28.61% 29.00% 26.40% 63.42%
R&D to Revenue
24.60% 26.14% 29.90% 26.16% 21.74% 22.34% 21.51% 22.01% 22.67% 21.28% -10.29%
Operating Expenses to Revenue
158.34% 99.59% 73.89% 64.23% 60.41% 60.59% 73.16% 75.55% 74.63% 69.27% 95.40%
Earnings before Interest and Taxes (EBIT)
-372 -282 -174 -149 -126 -123 -91 -83 -72 -14 -17
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-295 -208 -129 -102 -78 -81 -51 -48 -35 22 5.10
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
2.50 2.05 3.25 3.63 4.74 3.83 3.80 4.47 5.04 6.48 3.62
Price to Tangible Book Value (P/TBV)
0.00 5.25 5.74 5.80 7.11 5.54 4.97 6.20 6.90 8.40 4.52
Price to Revenue (P/Rev)
1.20 1.61 3.55 4.59 6.81 6.23 8.12 12.50 14.82 22.61 15.43
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)
1.11 1.13 1.43 1.68 2.19 2.10 2.74 3.39 4.11 6.23 3.80
Enterprise Value to Revenue (EV/Rev)
7.54 7.08 8.49 8.43 9.88 8.59 9.72 13.77 15.71 22.78 15.12
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
17.24 9.81 6.98 5.54 4.49 4.14 2.57 1.77 1.70 0.62 0.42
Long-Term Debt to Equity
17.24 9.81 6.98 5.54 4.49 4.14 2.57 1.77 1.70 0.62 0.42
Financial Leverage
4.85 3.36 1.99 1.40 1.02 0.59 0.22 0.12 0.07 0.02 -0.11
Leverage Ratio
9.87 8.09 5.82 4.82 4.31 3.33 2.59 2.25 2.06 1.71 1.62
Compound Leverage Factor
9.87 8.09 5.82 4.82 4.31 3.33 2.59 2.25 2.06 1.71 1.62
Debt to Total Capital
94.52% 90.75% 87.48% 84.71% 81.79% 80.55% 72.02% 63.92% 62.92% 38.14% 29.52%
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
94.52% 90.75% 87.48% 84.71% 81.79% 80.55% 72.02% 63.92% 62.92% 38.14% 29.52%
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
5.48% 9.25% 12.52% 15.29% 18.21% 19.45% 27.98% 36.08% 37.08% 61.86% 70.48%
Debt to EBITDA
-8.76 -11.93 -15.77 -18.09 -20.01 -24.00 -37.48 -54.67 -78.88 -24.27 -9.80
Net Debt to EBITDA
-6.71 -8.52 -10.21 -9.94 -9.55 -8.43 -10.95 -14.02 -14.01 -1.93 1.70
Long-Term Debt to EBITDA
-8.76 -11.93 -15.77 -18.09 -20.01 -24.00 -37.48 -54.67 -78.88 -24.27 -9.80
Debt to NOPAT
-11.39 -15.18 -19.77 -20.80 -20.04 -21.48 -19.13 -18.27 -20.26 -9.25 -7.19
Net Debt to NOPAT
-8.73 -10.84 -12.79 -11.43 -9.56 -7.54 -5.59 -4.68 -3.60 -0.74 1.25
Long-Term Debt to NOPAT
-11.39 -15.18 -19.77 -20.80 -20.04 -21.48 -19.13 -18.27 -20.26 -9.25 -7.19
Altman Z-Score
-0.39 -0.22 0.11 0.28 0.54 0.60 0.92 1.28 1.69 4.62 3.53
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
3.15 3.14 4.51 4.58 5.13 5.44 5.74 4.69 6.71 4.61 4.54
Quick Ratio
2.20 2.34 3.49 3.68 4.12 4.67 4.95 3.97 5.77 3.56 3.47
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-1,907 -2,060 -2,203 -1,660 -1,368 -986 -478 -429 -222 -242 -498
Operating Cash Flow to CapEx
-48.56% -30.21% -37.17% -23.58% -33.19% -33.35% -12.22% -3.78% -53.05% -11.97% -30.53%
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
0.10 0.11 0.11 0.12 0.13 0.14 0.14 0.13 0.14 0.17 0.16
Accounts Receivable Turnover
5.42 5.37 5.34 5.61 5.31 4.90 4.97 4.26 4.34 4.57 4.65
Inventory Turnover
1.95 1.95 2.01 1.90 1.98 1.94 2.01 1.53 1.63 1.78 1.85
Fixed Asset Turnover
0.23 0.25 0.28 0.32 0.36 0.38 0.42 0.37 0.00 0.00 0.00
Accounts Payable Turnover
1.68 1.37 1.38 1.25 1.38 1.32 1.22 1.01 1.16 1.36 1.06
Days Sales Outstanding (DSO)
67.33 67.96 68.32 65.02 68.78 74.48 73.39 85.66 84.17 79.95 78.51
Days Inventory Outstanding (DIO)
187.41 187.32 181.45 191.85 184.44 187.69 181.19 238.90 223.71 204.82 197.34
Days Payable Outstanding (DPO)
216.78 266.18 264.60 291.30 264.47 275.71 298.10 362.13 314.79 267.51 345.35
Cash Conversion Cycle (CCC)
37.95 -10.90 -14.82 -34.43 -11.25 -13.55 -43.53 -37.58 -6.91 17.27 -69.50
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
5,297 5,032 4,789 4,068 3,616 3,133 2,689 2,482 2,317 2,213 2,274
Invested Capital Turnover
0.17 0.20 0.22 0.25 0.27 0.29 0.31 0.27 0.27 0.29 0.28
Increase / (Decrease) in Invested Capital
1,681 1,899 2,101 1,586 1,299 920 415 369 171 197 488
Enterprise Value (EV)
5,855 5,695 6,851 6,825 7,919 6,586 7,375 8,402 9,513 13,778 8,650
Market Capitalization
931 1,292 2,864 3,711 5,453 4,775 6,155 7,627 8,977 13,675 8,828
Book Value per Share
$2.92 $4.96 $7.01 $8.13 $9.18 $9.95 $13.03 $13.72 $14.33 $17.00 $19.73
Tangible Book Value per Share
($0.08) $1.94 $3.96 $5.09 $6.12 $6.88 $9.95 $9.88 $10.47 $13.12 $15.81
Total Capital
6,796 6,799 7,043 6,687 6,318 6,405 5,797 4,730 4,801 3,410 3,461
Total Debt
6,424 6,170 6,161 5,664 5,168 5,159 4,175 3,023 3,021 1,301 1,022
Total Long-Term Debt
6,424 6,170 6,161 5,664 5,168 5,159 4,175 3,023 3,021 1,301 1,022
Net Debt
4,924 4,403 3,987 3,113 2,466 1,812 1,220 775 537 104 -177
Capital Expenditures (CapEx)
402 437 644 578 610 442 425 291 126 106 101
Debt-free, Cash-free Net Working Capital (DFCFNWC)
115 -12 160 53 139 -17 24 -6.60 140 176 175
Debt-free Net Working Capital (DFNWC)
1,520 1,676 2,334 2,604 2,775 3,330 2,979 2,242 2,624 1,373 1,374
Net Working Capital (NWC)
1,520 1,676 2,334 2,604 2,775 3,330 2,979 2,242 2,624 1,373 1,374
Net Nonoperating Expense (NNE)
146 121 73 74 76 329 51 40 40 -18 -42
Net Nonoperating Obligations (NNO)
4,924 4,403 3,907 3,045 2,466 1,887 1,067 775 537 104 -166
Total Depreciation and Amortization (D&A)
78 74 46 46 48 42 40 35 37 36 22
Debt-free, Cash-free Net Working Capital to Revenue
14.81% -1.50% 19.78% 6.56% 17.38% -2.24% 3.12% -1.08% 23.10% 29.13% 30.61%
Debt-free Net Working Capital to Revenue
195.70% 208.27% 289.18% 321.80% 346.39% 434.49% 392.70% 367.36% 433.34% 227.05% 240.15%
Net Working Capital to Revenue
195.70% 208.27% 289.18% 321.80% 346.39% 434.49% 392.70% 367.36% 433.34% 227.05% 240.15%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
($2.88) ($2.23) ($1.39) ($1.18) ($1.15) ($3.16) ($0.91) ($0.80) ($0.73) ($0.21) $0.29
Adjusted Weighted Average Basic Shares Outstanding
129.02M 126.73M 125.69M 125.83M 125.60M 125.11M 124.37M 124.44M 124.34M 124.04M 120.12M
Adjusted Diluted Earnings per Share
($2.88) ($2.23) ($1.39) ($1.18) ($1.15) ($3.16) ($0.91) ($0.80) ($0.73) ($0.21) $0.29
Adjusted Weighted Average Diluted Shares Outstanding
129.02M 126.73M 125.69M 125.83M 125.60M 125.11M 124.37M 124.44M 124.34M 124.04M 120.12M
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
155.57M 127.71M 126.87M 125.85M 125.80M 125.33M 125.25M 124.47M 124.42M 124.21M 124.10M
Normalized Net Operating Profit after Tax (NOPAT)
-138 -161 -102 -74 -68 -66 -63 -59 -51 -44 -9.94
Normalized NOPAT Margin
-76.48% -82.51% -50.82% -36.90% -32.85% -33.62% -30.94% -30.53% -29.36% -23.43% -18.27%
Pre Tax Income Margin
-206.26% -144.74% -86.90% -74.14% -60.41% -62.51% -44.89% -42.99% -41.43% -7.39% -31.80%
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
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Frequently Asked Questions About Wolfspeed's Financials

When does Wolfspeed's financial year end?

According to the most recent income statement we have on file, Wolfspeed's fiscal year ends in June. Their fiscal year 2024 ended on June 30, 2024.

How has Wolfspeed's net income changed over the last 2 years?

Wolfspeed's net income appears to be on an upward trend, with a most recent value of -$864.20 million in 2024, rising from -$200.90 million in 2022. The previous period was -$329.90 million in 2023. See where experts think Wolfspeed is headed by visiting Wolfspeed's forecast page.

What is Wolfspeed's operating income?
Wolfspeed's total operating income in 2024 was -$445.30 million, based on the following breakdown:
  • Total Gross Profit: $77.40 million
  • Total Operating Expenses: $522.70 million
How has Wolfspeed revenue changed over the last 2 years?

Over the last 2 years, Wolfspeed's total revenue changed from $572.10 million in 2022 to $807.20 million in 2024, a change of 41.1%.

How much debt does Wolfspeed have?

Wolfspeed's total liabilities were at $7.10 billion at the end of 2024, a 43.1% increase from 2023, and a 384.3% increase since 2022.

How much cash does Wolfspeed have?

In the past 2 years, Wolfspeed's cash and equivalents has ranged from $449.50 million in 2022 to $1.76 billion in 2023, and is currently $1.05 billion as of their latest financial filing in 2024.

How has Wolfspeed's book value per share changed over the last 2 years?

Over the last 2 years, Wolfspeed's book value per share changed from 19.73 in 2022 to 7.01 in 2024, a change of -64.5%.



This page (NYSE:WOLF) was last updated on 5/25/2025 by MarketBeat.com Staff
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