Wolfspeed (WOLF) Financials

$46.69 +1.53 (+3.38%)

Closing price 05/8/2026 03:58 PM Eastern

Extended Trading

$47.08 +0.40 (+0.85%)

As of 05/8/2026 07:59 PM Eastern

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	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	6/28/2015	6/26/2016	6/25/2017	6/24/2018	6/30/2019	6/28/2020	6/27/2021	6/26/2022	6/25/2023	6/30/2024	6/29/2025
Net Income / (Loss) Attributable to Common Shareholders	-65	-22	-98	-280	-375	-192	-524	-201	-330	-864	-1,609
Consolidated Net Income / (Loss)	-65	-22	-98	-280	-375	-191	-523	-201	-330	-864	-1,609
Net Income / (Loss) Continuing Operations	-65	-22	-88	-16	-119	-198	-341	-250	-261	-574	-1,609
Total Pre-Tax Income	-84	-24	-7.10	-18	-123	-206	-340	-242	-260	-573	-1,619
Total Operating Income	-74	-10	-20	-28	-94	-224	-314	-203	-312	-445	-1,329
Total Gross Profit	474	487	244	302	244	159	165	208	243	77	-122
Total Revenue	1,633	1,617	772	925	538	471	526	572	759	807	758
Operating Revenue	1,633	1,617	772	925	538	471	526	572	759	807	758
Total Cost of Revenue	1,159	1,130	528	623	295	312	361	364	516	730	879
Operating Cost of Revenue	1,159	1,130	528	623	295	312	361	364	516	730	879
Total Operating Expenses	547	498	264	330	337	383	479	411	555	523	1,208
Selling, General & Admin Expense	291	283	146	170	169	182	182	183	214	246	191
Research & Development Expense	183	169	114	127	121	152	178	143	166	202	175
Other Operating Expenses / (Income)	-	-	-0.60	17	27	33	29	84	160	54	85
Impairment Charge	-	0.00	1.80	8.40	5.00	0.00	74	-	0.00	0.00	359
Restructuring Charge	-	-	-	-	-	-	-	-	15	21	418
Other Special Charges / (Income)	48	17	-	-	-	1.50	1.60	-0.30	0.00	0.00	-20
Total Other Income / (Expense), net	-10	-13	13	10	-29	19	-26	-39	52	-127	-290
Interest Expense	-	-	-	-	-	-	-	-	43	246	315
Other Income / (Expense), net	-10	-13	13	10	-29	19	-26	-39	95	119	26
Income Tax Expense	-19	-1.97	81	-1.20	-4.40	-8.00	1.10	8.20	0.70	1.10	-9.70
Net Income / (Loss) Discontinued Operations	-	-	-10	-264	-257	7.00	-181	49	-69	-291	0.00
Basic Earnings per Share	($0.57)	($0.21)	($1.00)	($2.81)	($3.62)	($1.78)	($4.66)	($1.67)	($2.65)	($6.88)	($11.39)
Weighted Average Basic Shares Outstanding	113.02M	101.78M	98.49M	99.53M	103.58M	107.94M	112.35M	120.12M	124.37M	125.69M	141.32M
Diluted Earnings per Share	($0.57)	($0.21)	($1.00)	($2.81)	($3.62)	($1.78)	($4.66)	($1.67)	($2.65)	($6.88)	($11.39)
Weighted Average Diluted Shares Outstanding	113.02M	101.78M	98.49M	99.53M	103.58M	107.94M	112.35M	120.12M	124.37M	125.69M	141.32M
Weighted Average Basic & Diluted Shares Outstanding	113.50M	102.60M	101.76M	99.53M	103.58M	107.94M	115.89M	124.10M	125.25M	126.87M	156.47M

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

Metric	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	9/24/2023	12/31/2023	3/31/2024	6/30/2024	9/29/2024	12/29/2024	3/30/2025	6/29/2025	9/28/2025	12/28/2025	3/29/2026
Net Income / (Loss) Attributable to Common Shareholders	-396	-145	-149	-175	-282	-372	-286	-669	-644	-151	-120
Consolidated Net Income / (Loss)	-396	-145	-149	-175	-282	-372	-286	-669	-644	-151	-120
Net Income / (Loss) Continuing Operations	-124	-126	-149	-175	-282	-372	-286	-669	-644	-151	-120
Total Pre-Tax Income	-123	-126	-149	-174	-282	-372	-285	-679	-644	-149	-120
Total Operating Income	-95	-98	-106	-146	-230	-323	-195	-582	-161	-158	-114
Total Gross Profit	25	28	23	2.40	-36	-37	-23	-26	-77	-78	-40
Total Revenue	197	208	201	201	195	181	185	197	197	169	150
Operating Revenue	197	208	201	201	195	181	185	197	197	169	150
Total Cost of Revenue	173	181	178	198	231	218	208	223	274	247	190
Operating Cost of Revenue	173	181	178	198	231	218	208	223	274	247	190
Total Operating Expenses	120	126	129	148	194	286	172	556	84	80	74
Selling, General & Admin Expense	64	65	56	62	62	51	41	36	38	29	37
Research & Development Expense	44	45	53	60	51	44	42	38	32	25	27
Other Operating Expenses / (Income)	11	15	20	26	81	191	24	-116	20	28	0.00
Restructuring Charge	-	-	-	-	-	-	65	-	-	-	11
Other Special Charges / (Income)	0.10	-	-	0.20	0.00	-0.80	-0.20	-	-5.70	-	-0.50
Total Other Income / (Expense), net	-29	-28	-42	-29	-52	-49	-91	-98	-482	9.00	-5.90
Interest Expense	-	-	-	-	65	81	85	-	0.70	58	52
Other Income / (Expense), net	-29	-28	-42	-29	13	31	-5.50	217	-481	67	46
Income Tax Expense	0.20	0.30	0.10	0.50	0.40	-0.10	0.10	-10	0.10	1.20	-0.30
Basic Earnings per Share	($3.16)	($1.15)	($1.18)	($1.39)	($2.23)	($2.88)	($1.86)	($4.42)	($4.12)	($5.78)	($3.05)
Weighted Average Basic Shares Outstanding	125.11M	125.60M	125.83M	125.69M	126.73M	129.02M	153.90M	141.32M	156.19M	26.06M	39.28M
Diluted Earnings per Share	($3.16)	($1.15)	($1.18)	($1.39)	($2.23)	($2.88)	($1.86)	($4.42)	($4.12)	($5.78)	($3.05)
Weighted Average Diluted Shares Outstanding	125.11M	125.60M	125.83M	125.69M	126.73M	129.02M	153.90M	141.32M	156.19M	26.06M	39.28M
Weighted Average Basic & Diluted Shares Outstanding	125.33M	125.80M	125.85M	126.87M	127.71M	155.57M	155.63M	156.47M	25.89M	45.09M	48.34M

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	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	6/28/2015	6/26/2016	6/25/2017	6/24/2018	6/30/2019	6/28/2020	6/27/2021	6/26/2022	6/25/2023	6/30/2024	6/29/2025
Net Change in Cash & Equivalents	-147	26	-33	-14	382	-52	-70	71	1,308	-711	-579
Net Cash From Operating Activities	181	203	221	174	202	-29	-126	-154	-143	-726	-712
Net Cash From Continuing Operating Activities	181	203	221	113	97	-92	-113	-125	-102	-671	-712
Net Income / (Loss) Continuing Operations	-65	-22	-98	-16	-119	-198	-341	-250	-261	-574	-1,609
Consolidated Net Income / (Loss)	-65	-22	-98	-16	-375	-191	-523	-201	-330	-864	-1,609
Net Income / (Loss) Discontinued Operations	-	-	-	-	-257	7.00	-181	49	-69	-291	0.00
Depreciation Expense	173	159	151	112	86	97	121	112	146	181	252
Amortization Expense	6.15	5.31	5.40	4.70	21	28	40	26	2.80	0.90	95
Non-Cash Adjustments To Reconcile Net Income	134	93	48	39	66	23	121	79	77	68	650
Changes in Operating Assets and Liabilities, net	-67	-33	115	-26	43	-42	-53	-92	-67	-347	-99
Net Cash From Discontinued Operating Activities	-	-	-	61	105	63	-13	-29	-40	-54	0.00
Net Cash From Investing Activities	-16	-7.90	-145	-424	-227	-487	-449	-391	-1,147	-1,943	-268
Net Cash From Continuing Investing Activities	-16	-7.90	-145	-406	-202	-475	-448	-382	-1,139	-1,940	-268
Purchase of Property, Plant & Equipment	-206	-120	-87	-172	-125	-230	-571	-637	-950	-2,274	-1,271
Acquisitions	-100	-27	-12	-435	-3.30	-4.40	-5.90	-4.80	-4.90	-5.90	-5.30
Purchase of Investments	-350	-221	-200	-201	-517	-821	-475	-475	-1,191	-1,601	-391
Sale of Property, Plant & Equipment	0.29	5.30	1.40	0.60	0.30	2.60	2.30	3.10	1.70	0.40	86
Divestitures	-	-	0.00	0.00	219	0.00	44	125	102	76	0.00
Sale and/or Maturity of Investments	640	355	153	401	224	579	546	468	747	1,686	1,073
Other Investing Activities, net	-	-	-	-	0.00	0.00	11	139	156	179	240
Net Cash From Discontinued Investing Activities	-	-	-	-18	-25	-12	-0.30	-9.00	-7.80	-3.10	0.00
Net Cash From Financing Activities	-311	-168	-109	237	407	464	504	616	2,597	1,958	400
Net Cash From Continuing Financing Activities	-311	-168	-109	237	407	464	504	616	2,597	1,958	400
Repayment of Debt	-495	-693	-483	-523	-400	-159	-30	-38	-83	-46	-48
Issuance of Debt	695	653	468	670	670	575	30	770	2,950	2,000	240
Issuance of Common Equity	-	0.00	18	98	158	76	540	22	24	23	204
Other Financing Activities, net	38	22	-7.40	-8.00	-22	-28	-35	-138	-294	-19	4.60
Effect of Exchange Rate Changes	-0.88	-1.11	-	-	-	-0.10	0.20	-0.20	0.00	-0.20	1.00

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	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	3/26/2023	6/25/2023	9/24/2023	12/31/2023	3/31/2024	6/30/2024	9/29/2024	12/29/2024	3/30/2025	6/29/2025	9/28/2025
Net Change in Cash & Equivalents	-290	962	5.00	-858	238	-97	-320	-112	116	-263	104
Net Cash From Operating Activities	-11	-52	-147	-203	-136	-240	-132	-195	-142	-243	5.70
Net Cash From Continuing Operating Activities	6.40	-39	-113	-183	-136	-240	-132	-195	-142	-243	5.70
Net Income / (Loss) Continuing Operations	-83	-91	-124	-126	-149	-175	-282	-372	-286	-669	-644
Consolidated Net Income / (Loss)	-100	-113	-396	-145	-149	-175	-282	-372	-286	-669	-644
Depreciation Expense	37	41	40	49	47	45	71	67	54	60	69
Amortization Expense	-1.20	-1.10	1.90	-1.00	-0.60	0.60	2.90	11	13	68	-1.20
Non-Cash Adjustments To Reconcile Net Income	19	17	20	17	21	10	24	136	144	345	498
Changes in Operating Assets and Liabilities, net	35	-4.00	-51	-122	-54	-121	52	-37	-68	-46	83
Net Cash From Investing Activities	-279	-146	-786	-664	-125	-369	-193	-230	169	-14	137
Net Cash From Continuing Investing Activities	-277	-145	-784	-663	-125	-369	-193	-230	169	-14	137
Purchase of Property, Plant & Equipment	-291	-425	-442	-610	-578	-644	-437	-402	-221	-212	-104
Acquisitions	-1.30	-1.30	-1.30	-1.90	-1.10	-1.60	-1.20	-1.20	-1.50	-1.40	-1.40
Purchase of Investments	-206	-171	-775	-532	-181	-113	-56	-116	-71	-148	-83
Sale of Property, Plant & Equipment	-	-	-	-	-	-	0.00	-	-	85	14
Sale and/or Maturity of Investments	162	427	395	366	536	390	259	288	265	261	219
Other Investing Activities, net	60	25	40	40	99	0.10	42	-	197	1.80	93
Net Cash From Financing Activities	-0.30	1,160	938	8.60	499	512	4.80	314	89	-7.80	-39
Net Cash From Continuing Financing Activities	-0.30	1,160	938	8.60	499	512	4.80	314	89	-7.80	-39
Repayment of Debt	-0.10	-51	-46	-0.10	-0.10	-0.10	-0.10	-26	-14	-7.80	-38
Other Financing Activities, net	-0.40	-1.50	-16	-1.70	-0.80	-0.50	4.90	-0.10	-0.20	-	-0.60
Effect of Exchange Rate Changes	-	-	-0.10	0.20	-0.20	-0.10	0.40	-0.50	0.20	0.90	0.80

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	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	6/28/2015	6/26/2016	6/25/2017	6/24/2018	6/30/2019	6/28/2020	6/27/2021	6/26/2022	6/25/2023	6/30/2024	6/29/2025
Total Assets	2,948	2,766	2,650	2,638	2,817	3,231	3,447	3,918	6,587	7,985	6,854
Total Current Assets	1,308	1,157	1,101	890	1,413	1,593	1,479	1,762	3,607	3,000	2,542
Cash & Equivalents	140	166	133	119	501	449	379	450	1,757	1,046	467
Short-Term Investments	573	439	478	268	551	791	776	749	1,198	1,129	488
Accounts Receivable	186	166	148	86	129	72	96	150	155	147	179
Inventories, net	281	304	284	152	187	122	167	227	285	441	435
Prepaid Expenses	30	27	23	25	23	26	26	32	37	57	97
Current Deferred & Refundable Income Taxes	39	6.30	8.04	2.30	0.20	6.60	6.40	1.30	0.80	0.00	653
Other Current Assets	55	45	23	15	22	10	30	153	132	180	222
Plant, Property, & Equipment, net	635	600	581	589	625	0.00	0.00	1,481	2,166	3,652	3,917
Total Noncurrent Assets	1,005	1,010	968	1,158	779	1,638	1,968	674	815	1,333	396
Noncurrent Note & Lease Receivables	-	-	-	-	-	0.00	138	105	2.60	644	105
Intangible Assets	311	303	274	216	198	157	141	125	24	24	24
Other Noncurrent Operating Assets	11	9.25	13	12	5.90	804	1,328	84	303	225	267
Total Liabilities & Shareholders' Equity	2,948	2,766	2,650	2,638	2,817	3,231	3,447	3,918	6,587	7,985	6,854
Total Liabilities	486	398	427	566	776	1,142	1,330	1,467	4,965	7,103	7,302
Total Current Liabilities	255	223	212	249	268	291	449	389	628	665	7,090
Short-Term Debt	-	-	-	-	-	-	-	-	-	0.00	6,538
Accounts Payable	163	132	133	149	201	190	381	308	535	524	280
Current Deferred Revenue	-	-	-	-	46	14	23	37	39	62	50
Current Deferred & Payable Income Tax Liabilities	2.04	-	-	0.00	3.00	1.20	0.40	-	9.60	1.00	0.80
Other Current Liabilities	44	46	37	19	19	26	44	32	36	78	221
Total Noncurrent Liabilities	231	175	215	317	508	851	882	1,090	4,337	6,437	212
Long-Term Debt	200	160	145	292	469	784	824	1,022	4,175	6,161	0.00
Other Noncurrent Operating Liabilities	21	14	20	0.50	36	55	55	65	153	265	212
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	2,462	2,368	2,223	2,072	2,041	2,089	2,117	2,439	1,622	882	-447
Total Preferred & Common Equity	2,462	2,368	2,223	2,067	2,036	2,083	2,117	2,439	1,622	882	-447
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	2,462	2,368	2,223	2,067	2,036	2,083	2,117	2,439	1,622	882	-447
Common Stock	2,286	2,360	2,420	2,549	2,874	3,106	3,677	4,229	3,711	3,822	4,094
Retained Earnings	170	-0.61	-203	-483	-848	-1,039	-1,563	-1,764	-2,064	-2,928	-4,538
Accumulated Other Comprehensive Income / (Loss)	5.80	8.73	5.91	0.60	9.50	16	2.70	-25	-25	-12	-3.80

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 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	12/25/2022	3/26/2023	9/24/2023	12/31/2023	3/31/2024	9/29/2024	12/29/2024	3/30/2025	9/28/2025	12/28/2025	3/29/2026
Total Assets	5,343	5,455	7,313	7,290	7,696	7,858	7,741	7,574	6,551	3,445	3,147
Total Current Assets	3,084	2,849	4,080	3,446	3,331	2,458	2,227	2,870	2,315	1,933	1,709
Cash & Equivalents	1,085	795	1,762	904	1,142	726	614	730	572	1,029	695
Short-Term Investments	1,399	1,453	1,586	1,731	1,409	962	791	599	354	264	470
Accounts Receivable	169	164	154	133	124	145	154	165	156	108	97
Inventories, net	267	289	341	370	421	468	477	459	386	320	281
Prepaid Expenses	28	35	69	78	71	58	68	81	76	52	43
Current Deferred & Refundable Income Taxes	1.00	1.10	0.40	0.60	0.80	0.30	0.30	586	654	73	72
Other Current Assets	135	112	154	229	163	99	123	250	118	87	53
Plant, Property, & Equipment, net	1,650	1,904	2,453	2,850	3,222	3,959	3,903	0.00	3,776	0.00	717
Total Noncurrent Assets	609	702	780	994	1,075	1,440	1,611	4,704	460	1,513	721
Noncurrent Note & Lease Receivables	2.90	2.70	2.60	2.50	2.80	726	867	137	181	110	110
Intangible Assets	120	118	25	24	24	24	24	24	24	427	409
Other Noncurrent Operating Assets	126	221	392	541	688	251	265	4,183	255	976	202
Total Liabilities & Shareholders' Equity	5,343	5,455	7,313	7,290	7,696	7,858	7,741	7,574	6,551	3,445	3,147
Total Liabilities	3,563	3,748	6,067	6,140	6,674	7,229	7,369	7,362	7,632	2,818	2,126
Total Current Liabilities	460	607	749	671	727	783	707	619	300	297	243
Short-Term Debt	-	-	-	-	-	-	-	-	0.00	0.00	0.00
Accounts Payable	389	522	549	524	556	600	456	393	197	160	116
Current Deferred Revenue	35	42	-	51	56	-	42	-	73	-	71
Current Deferred & Payable Income Tax Liabilities	9.40	9.50	9.80	10	10	1.30	1.00	1.10	0.90	0.80	0.60
Other Current Liabilities	27	34	57	86	105	181	208	225	29	136	56
Total Noncurrent Liabilities	3,103	3,141	5,318	5,469	5,947	6,446	6,662	6,743	7,332	2,521	1,883
Long-Term Debt	3,021	3,023	5,159	5,168	5,664	6,170	6,424	6,512	-	1,964	1,721
Other Noncurrent Operating Liabilities	78	114	154	290	272	265	227	220	7,332	557	162
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	1,780	1,707	1,246	1,150	1,023	629	373	213	-1,080	627	1,022
Total Preferred & Common Equity	1,780	1,707	1,246	1,150	1,023	629	373	213	-1,080	627	1,022
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,780	1,707	1,246	1,150	1,023	629	373	213	-1,080	627	1,022
Common Stock	3,660	3,681	3,729	3,767	3,789	3,844	3,961	4,085	4,104	778	1,292
Retained Earnings	-1,851	-1,951	-2,460	-2,605	-2,754	-3,211	-3,583	-3,868	-5,181	-151	-271
Accumulated Other Comprehensive Income / (Loss)	-29	-23	-23	-12	-13	-4.30	-5.70	-4.40	-3.00	0.40	-0.20

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

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	6/28/2015	6/26/2016	6/25/2017	6/24/2018	6/30/2019	6/28/2020	6/27/2021	6/26/2022	6/25/2023	6/30/2024	6/29/2025
DEI Shares Outstanding	109,114,990.00	100,850,243.00	97,288,271.00	100,509,216.00	105,248,244.00	108,160,061.00	115,470,771.00	-	-	-	155,626,720.00
DEI Adjusted Shares Outstanding	109,114,990.00	100,850,243.00	97,288,271.00	100,509,216.00	105,248,244.00	108,160,061.00	115,470,771.00	-	-	-	155,626,720.00
DEI Earnings Per Adjusted Shares Outstanding	-0.59	-0.21	-1.01	-2.79	-3.56	-1.77	-4.54	-	-	-	-10.34
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-0.92%	-0.97%	-52.28%	19.88%	-41.81%	-12.54%	11.66%	8.85%	32.58%	6.42%	-6.14%
EBITDA Growth	-70.21%	47.54%	5.57%	-33.67%	-116.31%	-400.62%	-122.83%	41.98%	-6.91%	-250.63%	-563.27%
EBIT Growth	-157.28%	72.00%	69.79%	-147.89%	-598.30%	-67.29%	-65.47%	28.89%	-7.40%	-120.36%	-299.66%
NOPAT Growth	-145.85%	85.76%	-91.96%	-39.30%	-233.93%	-139.68%	-40.07%	35.30%	-53.52%	-42.82%	-198.50%
Net Income Growth	-152.39%	66.71%	-355.52%	-185.32%	-34.01%	49.19%	-174.13%	61.55%	-64.21%	-161.96%	-86.21%
EPS Growth	-157.00%	63.16%	-376.19%	-181.00%	-28.83%	50.83%	-161.80%	64.16%	-58.68%	-159.62%	-65.55%
Operating Cash Flow Growth	-43.24%	12.17%	8.45%	-21.32%	16.60%	-114.34%	-332.76%	-22.87%	7.52%	-408.84%	1.92%
Free Cash Flow Firm Growth	-264.26%	101.35%	10,609.39%	40.36%	-110.78%	105.09%	-60,606.50%	15.34%	-0.51%	-280.94%	47.08%
Invested Capital Growth	3.24%	-0.47%	-9.25%	-14.29%	-2.83%	-11.14%	41.58%	27.32%	18.25%	78.13%	7.23%
Revenue Q/Q Growth	-3.21%	6.05%	-51.43%	51.40%	-32.74%	151.85%	40.87%	-13.78%	24.30%	-0.25%	-0.49%
EBITDA Q/Q Growth	-60.77%	373.54%	-7.59%	-16.88%	-115.25%	54.44%	-90.86%	50.00%	-101.45%	-24.75%	-12.68%
EBIT Q/Q Growth	-237.00%	82.94%	-338.10%	52.09%	-9,281.68%	23.08%	-37.57%	33.67%	-39.60%	-17.05%	-17.04%
NOPAT Q/Q Growth	-211.28%	90.44%	-114.33%	53.68%	-438.14%	11.60%	-23.10%	36.85%	-31.90%	-14.47%	-48.76%
Net Income Q/Q Growth	-222.28%	78.32%	4.64%	-10.84%	-36.63%	33.24%	-26.27%	47.26%	-79.10%	-7.68%	-44.35%
EPS Q/Q Growth	-235.71%	75.86%	4.76%	-11.95%	-35.07%	34.07%	-23.94%	48.30%	-82.76%	-7.50%	-36.24%
Operating Cash Flow Q/Q Growth	-1.94%	-10.16%	-3.17%	-5.07%	-14.67%	-10.69%	-93.08%	11.07%	-17.37%	-34.87%	-0.42%
Free Cash Flow Firm Q/Q Growth	13.46%	128.38%	-43.86%	193.83%	-104.88%	100.44%	-125.80%	1.18%	-18.44%	-29.81%	34.61%
Invested Capital Q/Q Growth	-4.81%	-1.71%	-1.17%	-23.96%	-1.81%	-18.58%	5.03%	7.62%	8.33%	17.73%	-4.81%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	29.03%	30.13%	31.63%	32.65%	45.28%	33.67%	31.32%	36.37%	32.02%	9.59%	-16.05%
EBITDA Margin	5.85%	8.72%	19.29%	10.67%	-2.99%	-17.12%	-34.17%	-18.21%	-14.69%	-48.39%	-126.33%
Operating Margin	-4.51%	-0.65%	-2.61%	-3.03%	-17.37%	-47.61%	-59.72%	-35.50%	-41.11%	-55.17%	-175.45%
EBIT Margin	-5.14%	-1.45%	-0.92%	-1.90%	-22.84%	-43.68%	-64.73%	-42.28%	-34.25%	-70.92%	-172.08%
Profit (Net Income) Margin	-3.96%	-1.33%	-12.72%	-30.26%	-69.70%	-40.49%	-99.41%	-35.12%	-43.49%	-107.06%	-212.41%
Tax Burden Percent	77.07%	91.62%	1,381.69%	1,590.34%	305.21%	92.70%	153.59%	83.05%	126.98%	150.95%	99.40%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	124.18%
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)	-2.77%	-0.39%	-0.79%	-1.24%	-4.55%	-11.70%	-14.42%	-7.00%	-8.80%	-8.34%	-18.75%
ROIC Less NNEP Spread (ROIC-NNEP)	-1.25%	2.28%	15.88%	44.84%	45.67%	-7.05%	37.84%	16.66%	-33.57%	-30.55%	-33.05%
Return on Net Nonoperating Assets (RNNOA)	0.40%	-0.50%	-3.49%	-11.80%	-13.69%	2.47%	-10.43%	-1.82%	-7.45%	-60.69%	-721.11%
Return on Equity (ROE)	-2.37%	-0.89%	-4.27%	-13.03%	-18.24%	-9.23%	-24.85%	-8.82%	-16.25%	-69.03%	-739.86%
Cash Return on Invested Capital (CROIC)	-5.96%	0.08%	8.91%	14.16%	-1.68%	0.09%	-48.85%	-31.04%	-25.52%	-64.52%	-25.73%
Operating Return on Assets (OROA)	-2.67%	-0.82%	-0.26%	-0.67%	-4.51%	-6.80%	-10.19%	-6.57%	-4.95%	-7.86%	-17.57%
Return on Assets (ROA)	-2.06%	-0.75%	-3.62%	-10.59%	-13.75%	-6.30%	-15.65%	-5.46%	-6.28%	-11.86%	-21.69%
Return on Common Equity (ROCE)	-2.37%	-0.89%	-4.27%	-13.02%	-18.19%	-9.20%	-24.81%	-8.82%	-16.25%	-69.03%	-739.86%
Return on Equity Simple (ROE_SIMPLE)	-2.63%	-0.91%	-4.41%	-13.54%	-18.42%	-9.15%	-24.69%	-8.24%	-20.34%	-97.97%	0.00%
Net Operating Profit after Tax (NOPAT)	-51	-7.33	-14	-20	-65	-157	-220	-142	-218	-312	-930
NOPAT Margin	-3.15%	-0.45%	-1.82%	-2.12%	-12.16%	-33.33%	-41.81%	-24.85%	-28.78%	-38.62%	-122.81%
Net Nonoperating Expense Percent (NNEP)	-1.52%	-2.67%	-16.67%	-46.08%	-50.22%	-4.65%	-52.26%	-23.67%	24.78%	22.22%	14.31%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	-	-	-15.28%
Cost of Revenue to Revenue	70.97%	69.87%	68.37%	67.35%	54.72%	66.33%	68.68%	63.63%	67.98%	90.41%	116.05%
SG&A Expenses to Revenue	17.81%	17.51%	18.89%	18.41%	31.38%	38.60%	34.55%	31.99%	28.25%	30.53%	25.15%
R&D to Revenue	11.20%	10.44%	14.75%	13.76%	22.50%	32.29%	33.83%	24.93%	21.85%	25.01%	23.11%
Operating Expenses to Revenue	33.54%	30.78%	34.23%	35.68%	62.65%	81.28%	91.04%	71.88%	73.13%	64.75%	159.40%
Earnings before Interest and Taxes (EBIT)	-84	-24	-7.10	-18	-123	-206	-340	-242	-260	-573	-1,304
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	96	141	149	99	-16	-81	-180	-104	-111	-391	-957
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.20	1.01	1.11	2.32	2.90	3.00	5.38	3.62	3.80	3.25	0.00
Price to Tangible Book Value (P/TBV)	1.92	1.66	1.85	3.63	4.52	3.96	7.04	4.52	4.97	5.74	0.00
Price to Revenue (P/Rev)	1.80	1.48	3.20	5.18	10.99	13.27	21.66	15.43	8.12	3.55	0.08
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)	1.26	1.02	1.14	3.18	3.73	4.55	6.19	3.80	2.74	1.43	1.10
Enterprise Value to Revenue (EV/Rev)	1.46	1.18	2.53	5.02	9.84	12.19	21.03	15.12	9.72	8.49	7.45
Enterprise Value to EBITDA (EV/EBITDA)	24.86	13.58	13.10	47.04	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)	13.10	9.42	8.84	26.76	26.18	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	1,284.80	12.22	20.72	0.00	4,666.23	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.08	0.07	0.07	0.14	0.23	0.38	0.39	0.42	2.57	6.98	-14.62
Long-Term Debt to Equity	0.08	0.07	0.07	0.14	0.23	0.38	0.39	0.42	2.57	6.98	0.00
Financial Leverage	-0.32	-0.22	-0.22	-0.26	-0.30	-0.35	-0.28	-0.11	0.22	1.99	21.82
Leverage Ratio	1.15	1.18	1.18	1.23	1.33	1.46	1.59	1.62	2.59	5.82	34.11
Compound Leverage Factor	1.15	1.18	1.18	1.23	1.33	1.46	1.59	1.62	2.59	5.82	42.36
Debt to Total Capital	7.51%	6.33%	6.12%	12.35%	18.69%	27.28%	28.02%	29.52%	72.02%	87.48%	107.34%
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%	107.34%
Long-Term Debt to Total Capital	7.51%	6.33%	6.12%	12.35%	18.69%	27.28%	28.02%	29.52%	72.02%	87.48%	0.00%
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%	0.21%	0.20%	0.21%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	92.49%	93.67%	93.88%	87.44%	81.11%	72.51%	71.98%	70.48%	27.98%	12.52%	-7.34%
Debt to EBITDA	2.09	1.14	0.97	2.96	-29.14	-9.72	-4.59	-9.80	-37.48	-15.77	-6.83
Net Debt to EBITDA	-5.97	-3.44	-3.47	-1.55	38.62	6.35	1.84	1.70	-10.95	-10.21	-5.83
Long-Term Debt to EBITDA	2.09	1.14	0.97	2.96	-29.14	-9.72	-4.59	-9.80	-37.48	-15.77	0.00
Debt to NOPAT	-3.88	-21.83	-10.31	-14.90	-7.17	-5.00	-3.75	-7.19	-19.13	-19.77	-7.03
Net Debt to NOPAT	11.09	66.24	36.70	7.79	9.50	3.26	1.51	1.25	-5.59	-12.79	-6.00
Long-Term Debt to NOPAT	-3.88	-21.83	-10.31	-14.90	-7.17	-5.00	-3.75	-7.19	-19.13	-19.77	0.00
Altman Z-Score	4.61	4.58	4.04	5.45	4.69	3.25	4.69	3.34	0.83	-0.06	-2.23
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.12%	0.24%	0.27%	0.15%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	5.13	5.19	5.19	3.58	5.27	5.47	3.29	4.54	5.74	4.51	0.36
Quick Ratio	3.53	3.46	3.58	1.90	4.40	4.51	2.79	3.47	4.95	3.49	0.16
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-111	1.49	160	224	-24	1.23	-744	-630	-633	-2,412	-1,277
Operating Cash Flow to CapEx	88.04%	177.22%	257.89%	101.05%	162.62%	-12.76%	-22.09%	-24.33%	-15.04%	-31.91%	-60.03%
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	-4.05
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	-2.26
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	-6.02
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.52	0.57	0.28	0.35	0.20	0.16	0.16	0.16	0.14	0.11	0.10
Accounts Receivable Turnover	7.94	9.19	4.91	7.88	5.00	4.68	6.25	4.65	4.97	5.34	4.65
Inventory Turnover	4.10	3.87	1.79	2.86	1.74	2.02	2.50	1.85	2.01	2.01	2.01
Fixed Asset Turnover	2.63	2.62	1.31	1.58	0.89	0.00	0.00	0.00	0.42	0.28	0.20
Accounts Payable Turnover	6.34	7.65	3.97	4.42	1.69	1.60	1.26	1.06	1.22	1.38	2.19
Days Sales Outstanding (DSO)	45.98	39.71	74.28	46.33	73.01	78.05	58.44	78.51	73.39	68.32	78.58
Days Inventory Outstanding (DIO)	89.05	94.38	203.41	127.74	210.08	180.80	145.85	197.34	181.19	181.45	181.86
Days Payable Outstanding (DPO)	57.56	47.73	91.85	82.53	216.52	228.39	288.61	345.35	298.10	264.60	166.85
Cash Conversion Cycle (CCC)	77.48	86.36	185.84	91.54	66.56	30.46	-84.33	-69.50	-43.53	-14.82	93.59
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,887	1,878	1,704	1,461	1,419	1,261	1,786	2,274	2,689	4,789	5,136
Invested Capital Turnover	0.88	0.86	0.43	0.58	0.37	0.35	0.35	0.28	0.31	0.22	0.15
Increase / (Decrease) in Invested Capital	59	-8.82	-174	-244	-41	-158	525	488	415	2,101	346
Enterprise Value (EV)	2,375	1,915	1,950	4,643	5,296	5,739	11,054	8,650	7,375	6,851	5,647
Market Capitalization	2,946	2,400	2,466	4,790	5,913	6,245	11,384	8,828	6,155	2,864	64
Book Value per Share	$22.56	$23.58	$22.85	$20.57	$19.35	$19.26	$18.33	$19.73	$13.03	$7.01	($2.87)
Tangible Book Value per Share	$14.07	$14.40	$13.67	$13.15	$12.43	$14.58	$14.00	$15.81	$9.95	$3.96	($3.03)
Total Capital	2,662	2,528	2,368	2,364	2,510	2,873	2,940	3,461	5,797	7,043	6,091
Total Debt	200	160	145	292	469	784	824	1,022	4,175	6,161	6,538
Total Long-Term Debt	200	160	145	292	469	784	824	1,022	4,175	6,161	0.00
Net Debt	-571	-485	-516	-153	-622	-512	-331	-177	1,220	3,987	5,583
Capital Expenditures (CapEx)	206	115	86	172	124	227	568	634	948	2,274	1,186
Debt-free, Cash-free Net Working Capital (DFCFNWC)	340	328	278	255	93	62	-125	175	24	160	1,035
Debt-free Net Working Capital (DFNWC)	1,053	934	889	642	1,145	1,302	1,030	1,374	2,979	2,334	1,990
Net Working Capital (NWC)	1,053	934	889	642	1,145	1,302	1,030	1,374	2,979	2,334	-4,548
Net Nonoperating Expense (NNE)	13	14	84	260	310	34	303	59	112	552	679
Net Nonoperating Obligations (NNO)	-575	-490	-518	-611	-622	-828	-331	-166	1,067	3,907	5,583
Total Depreciation and Amortization (D&A)	179	164	156	116	107	125	161	138	148	182	347
Debt-free, Cash-free Net Working Capital to Revenue	20.84%	20.31%	35.99%	27.54%	17.32%	13.15%	-23.73%	30.61%	3.12%	19.78%	136.59%
Debt-free Net Working Capital to Revenue	64.53%	57.76%	115.18%	69.39%	212.67%	276.52%	195.95%	240.15%	392.70%	289.18%	262.70%
Net Working Capital to Revenue	64.53%	57.76%	115.18%	69.39%	212.67%	276.52%	195.95%	240.15%	392.70%	289.18%	-600.29%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.57)	($0.21)	($1.00)	($2.81)	($3.62)	($1.78)	($4.66)	($1.67)	($2.65)	($6.88)	($11.39)
Adjusted Weighted Average Basic Shares Outstanding	113.02M	101.78M	98.49M	99.53M	103.58M	109.68M	112.35M	120.12M	124.37M	125.69M	141.32M
Adjusted Diluted Earnings per Share	($0.57)	($0.21)	($1.00)	($2.81)	($3.62)	($1.78)	($4.66)	($1.67)	($2.65)	($6.88)	($11.39)
Adjusted Weighted Average Diluted Shares Outstanding	113.02M	101.78M	98.49M	99.53M	103.58M	109.68M	112.35M	120.12M	124.37M	125.69M	141.32M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	($1.78)	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	103.29M	100.85M	97.68M	101.76M	106.98M	107.94M	115.89M	124.10M	125.25M	126.87M	156.47M
Normalized Net Operating Profit after Tax (NOPAT)	-18	4.51	-13	-14	-62	-156	-167	-142	-217	-311	-401
Normalized NOPAT Margin	-1.11%	0.28%	-1.66%	-1.48%	-11.51%	-33.10%	-31.75%	-24.89%	-28.59%	-38.51%	-52.89%
Pre Tax Income Margin	-5.14%	-1.45%	-0.92%	-1.90%	-22.84%	-43.68%	-64.73%	-42.28%	-34.25%	-70.92%	-213.69%
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	-4.14
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-2.95
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	-7.90
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	-6.71
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	-849.68%	-694.43%	-106.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

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

Metric	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	9/24/2023	12/31/2023	3/31/2024	6/30/2024	9/29/2024	12/29/2024	3/30/2025	6/29/2025	9/28/2025	12/28/2025	3/29/2026
DEI Shares Outstanding	-	-	-	-	-	-	155,571,122.00	155,626,720.00	156,471,999.00	-	45,088,678.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	155,571,122.00	155,626,720.00	156,471,999.00	-	45,088,678.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-1.84	-4.30	-4.11	-	-2.66
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	4.22%	19.91%	4.21%	-0.99%	-1.37%	-13.39%	-7.62%	-1.84%	1.08%	-6.65%	-18.99%
EBITDA Growth	-466.67%	-123.08%	-115.58%	-151.96%	-155.28%	-276.37%	-113.28%	-300.51%	-301.05%	57.33%	48.80%
EBIT Growth	-781.43%	-74.86%	-79.71%	-91.65%	-128.36%	-195.71%	-91.80%	-606.54%	-195.81%	68.68%	65.95%
NOPAT Growth	-49.45%	-34.38%	-24.15%	-62.83%	-142.47%	-229.26%	-82.80%	-298.63%	29.86%	50.96%	41.23%
Net Income Growth	-1,410.31%	-59.19%	-49.65%	-54.37%	28.68%	-157.22%	-91.74%	-282.68%	-128.07%	59.54%	58.00%
EPS Growth	-1,404.76%	-57.53%	-47.50%	-52.75%	29.43%	-150.43%	-57.63%	-217.99%	-84.75%	-100.69%	-63.98%
Operating Cash Flow Growth	-1,060.63%	-202.24%	-1,138.18%	-361.46%	10.45%	3.65%	-4.33%	-1.25%	104.32%	0.00%	0.00%
Free Cash Flow Firm Growth	-308.08%	-517.27%	-286.89%	-361.09%	-108.90%	-39.39%	11.88%	65.80%	436.17%	303.86%	355.44%
Invested Capital Growth	41.56%	56.08%	63.90%	78.13%	60.61%	46.48%	32.62%	7.23%	-139.87%	-75.48%	-70.76%
Revenue Q/Q Growth	-2.61%	5.57%	-3.69%	0.00%	-2.99%	-7.29%	2.71%	6.26%	-0.10%	-14.38%	-10.86%
EBITDA Q/Q Growth	-59.61%	3.81%	-30.78%	-25.49%	-61.71%	-41.82%	25.89%	-8.15%	-143.31%	84.10%	25.49%
EBIT Q/Q Growth	-35.60%	-2.03%	-18.19%	-17.20%	-61.58%	-32.12%	23.34%	-27.61%	-76.50%	85.78%	25.49%
NOPAT Q/Q Growth	-5.92%	-3.37%	-8.46%	-37.12%	-57.71%	-40.37%	39.78%	-199.02%	72.25%	1.86%	27.84%
Net Income Q/Q Growth	-249.25%	63.43%	-2.90%	-17.46%	-61.35%	-31.89%	23.29%	-134.43%	3.84%	76.60%	20.39%
EPS Q/Q Growth	-247.25%	63.61%	-2.61%	-17.80%	-60.43%	-29.15%	35.42%	-137.63%	6.79%	-40.29%	47.23%
Operating Cash Flow Q/Q Growth	-184.01%	-37.38%	32.74%	-75.84%	44.89%	-47.80%	27.17%	-70.65%	102.35%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	-106.42%	-38.71%	-21.39%	-32.66%	6.48%	7.44%	23.26%	48.51%	1,019.31%	-43.87%	-3.84%
Invested Capital Q/Q Growth	16.52%	15.42%	12.50%	17.73%	5.07%	5.26%	1.86%	-4.81%	-139.07%	164.73%	21.45%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	12.51%	13.34%	11.21%	1.20%	-18.59%	-20.61%	-12.14%	-13.05%	-39.18%	-46.47%	-26.63%
EBITDA Margin	-41.24%	-37.57%	-51.02%	-64.03%	-106.73%	-163.27%	-117.80%	-119.90%	-292.02%	-54.24%	-45.34%
Operating Margin	-48.08%	-47.07%	-53.01%	-72.70%	-118.18%	-178.95%	-104.91%	-295.23%	-82.01%	-94.01%	-76.10%
EBIT Margin	-62.51%	-60.41%	-74.14%	-86.90%	-144.74%	-206.26%	-153.94%	-184.87%	-326.63%	-54.24%	-45.34%
Profit (Net Income) Margin	-200.46%	-69.43%	-74.19%	-87.15%	-144.94%	-206.21%	-153.99%	-339.75%	-327.03%	-89.38%	-79.83%
Tax Burden Percent	320.66%	114.93%	100.07%	100.29%	100.14%	99.97%	100.04%	98.51%	100.02%	100.80%	99.75%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	186.55%	100.11%	163.46%	176.51%
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)	-9.65%	-8.90%	-9.17%	-10.99%	-16.30%	-21.83%	-11.82%	-31.55%	-28.83%	-14.92%	-10.89%
ROIC Less NNEP Spread (ROIC-NNEP)	-42.73%	-13.96%	-13.07%	-13.91%	-20.15%	-25.78%	-15.45%	-37.08%	-59.35%	-16.34%	-12.28%
Return on Net Nonoperating Assets (RNNOA)	-25.35%	-14.31%	-18.29%	-27.63%	-67.63%	-125.12%	-102.88%	-808.83%	457.07%	-91.43%	-57.07%
Return on Equity (ROE)	-35.00%	-23.21%	-27.46%	-38.62%	-83.93%	-146.95%	-114.70%	-840.38%	428.24%	-106.35%	-67.96%
Cash Return on Invested Capital (CROIC)	-43.39%	-52.49%	-56.74%	-64.52%	-56.47%	-50.36%	-41.27%	-25.73%	0.00%	97.97%	89.11%
Operating Return on Assets (OROA)	-8.58%	-7.66%	-9.12%	-9.63%	-15.35%	-21.31%	-15.35%	-18.88%	-34.44%	-7.25%	-6.03%
Return on Assets (ROA)	-27.51%	-8.81%	-9.13%	-9.66%	-15.37%	-21.31%	-15.35%	-34.69%	-34.49%	-11.95%	-10.61%
Return on Common Equity (ROCE)	-35.00%	-23.21%	-27.46%	-38.62%	-83.93%	-146.95%	-114.70%	-840.38%	428.24%	-106.35%	-67.96%
Return on Equity Simple (ROE_SIMPLE)	-56.15%	-65.48%	-78.49%	0.00%	-119.37%	-262.53%	-524.12%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-66	-69	-74	-102	-161	-226	-136	-407	-113	-111	-80
NOPAT Margin	-33.65%	-32.95%	-37.11%	-50.89%	-82.73%	-125.26%	-73.44%	-206.66%	-57.41%	-65.80%	-53.27%
Net Nonoperating Expense Percent (NNEP)	33.08%	5.06%	3.90%	2.93%	3.85%	3.95%	3.63%	5.53%	30.52%	1.42%	1.39%
Return On Investment Capital (ROIC_SIMPLE)	-	-1.09%	-	-	-	-3.33%	-2.02%	-6.68%	10.46%	-4.28%	-2.92%
Cost of Revenue to Revenue	87.49%	86.66%	88.79%	98.80%	118.59%	120.61%	112.14%	113.05%	139.18%	146.47%	126.63%
SG&A Expenses to Revenue	32.47%	31.14%	27.80%	30.69%	31.95%	28.31%	22.17%	18.32%	19.26%	17.45%	24.63%
R&D to Revenue	22.34%	21.74%	26.16%	29.90%	26.14%	24.60%	22.76%	19.09%	16.11%	14.78%	18.11%
Operating Expenses to Revenue	60.59%	60.41%	64.23%	73.89%	99.59%	158.34%	92.77%	282.18%	42.84%	47.54%	49.47%
Earnings before Interest and Taxes (EBIT)	-123	-126	-149	-174	-282	-372	-285	-364	-643	-91	-68
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-81	-78	-102	-129	-208	-295	-218	-236	-575	-91	-68
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.83	4.74	3.63	3.25	2.05	2.50	1.89	0.00	0.00	0.74	0.68
Price to Tangible Book Value (P/TBV)	5.54	7.11	5.80	5.74	5.25	0.00	0.00	0.00	0.00	2.32	1.14
Price to Revenue (P/Rev)	6.23	6.81	4.59	3.55	1.61	1.20	0.53	0.08	0.25	0.62	0.98
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)	2.10	2.19	1.68	1.43	1.13	1.11	1.04	1.10	0.00	0.87	0.79
Enterprise Value to Revenue (EV/Rev)	8.59	9.88	8.43	8.49	7.08	7.54	7.34	7.45	0.00	1.52	1.76
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	0.35	0.40
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	4.14	4.49	5.54	6.98	9.81	17.24	30.62	-14.62	0.00	3.13	1.68
Long-Term Debt to Equity	4.14	4.49	5.54	6.98	9.81	17.24	30.62	0.00	0.00	3.13	1.68
Financial Leverage	0.59	1.02	1.40	1.99	3.36	4.85	6.66	21.82	-7.70	5.60	4.65
Leverage Ratio	3.33	4.31	4.82	5.82	8.09	9.87	12.36	34.11	-31.91	11.19	8.69
Compound Leverage Factor	3.33	4.31	4.82	5.82	8.09	9.87	12.36	63.64	-31.95	18.29	15.33
Debt to Total Capital	80.55%	81.79%	84.71%	87.48%	90.75%	94.52%	96.84%	107.34%	0.00%	75.79%	62.74%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	107.34%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	80.55%	81.79%	84.71%	87.48%	90.75%	94.52%	96.84%	0.00%	0.00%	75.79%	62.74%
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	19.45%	18.21%	15.29%	12.52%	9.25%	5.48%	3.16%	-7.34%	100.00%	24.21%	37.26%
Debt to EBITDA	-24.00	-20.01	-18.09	-15.77	-11.93	-8.76	-7.67	-6.83	0.00	-1.28	-1.23
Net Debt to EBITDA	-8.43	-9.55	-9.94	-10.21	-8.52	-6.71	-6.10	-5.83	0.00	-0.44	-0.40
Long-Term Debt to EBITDA	-24.00	-20.01	-18.09	-15.77	-11.93	-8.76	-7.67	0.00	0.00	-1.28	-1.23
Debt to NOPAT	-21.48	-20.04	-20.80	-19.77	-15.18	-11.39	-10.41	-7.03	0.00	-2.56	-2.42
Net Debt to NOPAT	-7.54	-9.56	-11.43	-12.79	-10.84	-8.73	-8.29	-6.00	0.00	-0.88	-0.78
Long-Term Debt to NOPAT	-21.48	-20.04	-20.80	-19.77	-15.18	-11.39	-10.41	0.00	0.00	-2.56	-2.42
Altman Z-Score	0.60	0.54	0.28	0.11	-0.22	-0.39	-0.35	-1.78	-0.93	0.74	0.79
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	5.44	5.13	4.58	4.51	3.14	3.15	4.64	0.36	7.73	6.50	7.03
Quick Ratio	4.67	4.12	3.68	3.49	2.34	2.20	2.42	0.16	3.61	4.71	5.19
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-986	-1,368	-1,660	-2,203	-2,060	-1,907	-1,463	-753	6,925	3,887	3,737
Operating Cash Flow to CapEx	-33.35%	-33.19%	-23.58%	-37.17%	-30.21%	-48.56%	-64.39%	-190.94%	6.33%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	9,893.31	67.02	71.74
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	8.14	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	-120.57	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.14	0.13	0.12	0.11	0.11	0.10	0.10	0.10	0.11	0.13	0.13
Accounts Receivable Turnover	4.90	5.31	5.61	5.34	5.37	5.42	5.27	4.65	5.05	5.70	5.45
Inventory Turnover	1.94	1.98	1.90	2.01	1.95	1.95	1.94	2.01	2.16	2.39	2.52
Fixed Asset Turnover	0.38	0.36	0.32	0.28	0.25	0.23	0.00	0.20	0.20	0.00	0.00
Accounts Payable Turnover	1.32	1.38	1.25	1.38	1.37	1.68	1.80	2.19	2.31	3.09	3.67
Days Sales Outstanding (DSO)	74.48	68.78	65.02	68.32	67.96	67.33	69.26	78.58	72.31	64.00	66.96
Days Inventory Outstanding (DIO)	187.69	184.44	191.85	181.45	187.32	187.41	187.94	181.86	168.88	152.94	144.58
Days Payable Outstanding (DPO)	275.71	264.47	291.30	264.60	266.18	216.78	202.53	166.85	157.70	118.27	99.36
Cash Conversion Cycle (CCC)	-13.55	-11.25	-34.43	-14.82	-10.90	37.95	54.67	93.59	83.49	98.66	112.17
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	3,133	3,616	4,068	4,789	5,032	5,297	5,395	5,136	-2,006	1,299	1,577
Invested Capital Turnover	0.29	0.27	0.25	0.22	0.20	0.17	0.16	0.15	0.50	0.23	0.20
Increase / (Decrease) in Invested Capital	920	1,299	1,586	2,101	1,899	1,681	1,327	346	-7,038	-3,998	-3,818
Enterprise Value (EV)	6,586	7,919	6,825	6,851	5,695	5,855	5,585	5,647	-737	1,136	1,252
Market Capitalization	4,775	5,453	3,711	2,864	1,292	931	403	64	189	465	696
Book Value per Share	$9.95	$9.18	$8.13	$7.01	$4.96	$2.92	$1.37	($2.87)	($6.90)	$24.23	$22.66
Tangible Book Value per Share	$6.88	$6.12	$5.09	$3.96	$1.94	($0.08)	($1.09)	($3.03)	($7.06)	$7.75	$13.58
Total Capital	6,405	6,318	6,687	7,043	6,799	6,796	6,725	6,091	-1,080	2,591	2,742
Total Debt	5,159	5,168	5,664	6,161	6,170	6,424	6,512	6,538	0.00	1,964	1,721
Total Long-Term Debt	5,159	5,168	5,664	6,161	6,170	6,424	6,512	0.00	0.00	1,964	1,721
Net Debt	1,812	2,466	3,113	3,987	4,403	4,924	5,182	5,583	-926	671	556
Capital Expenditures (CapEx)	442	610	578	644	437	402	221	127	90	0.00	0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-17	139	53	160	-12	115	922	1,035	1,089	343	301
Debt-free Net Working Capital (DFNWC)	3,330	2,775	2,604	2,334	1,676	1,520	2,252	1,990	2,015	1,636	1,466
Net Working Capital (NWC)	3,330	2,775	2,604	2,334	1,676	1,520	2,252	-4,548	2,015	1,636	1,466
Net Nonoperating Expense (NNE)	329	76	74	73	121	146	149	262	531	40	40
Net Nonoperating Obligations (NNO)	1,887	2,466	3,045	3,907	4,403	4,924	5,182	5,583	-926	671	556
Total Depreciation and Amortization (D&A)	42	48	46	46	74	78	67	128	68	0.00	0.00
Debt-free, Cash-free Net Working Capital to Revenue	-2.24%	17.38%	6.56%	19.78%	-1.50%	14.81%	121.12%	136.59%	143.39%	45.90%	42.27%
Debt-free Net Working Capital to Revenue	434.49%	346.39%	321.80%	289.18%	208.27%	195.70%	295.77%	262.70%	265.28%	218.74%	205.75%
Net Working Capital to Revenue	434.49%	346.39%	321.80%	289.18%	208.27%	195.70%	295.77%	-600.29%	265.28%	218.74%	205.75%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($3.16)	($1.15)	($1.18)	($1.39)	($2.23)	($2.88)	($1.86)	($4.42)	($4.12)	($5.78)	($3.05)
Adjusted Weighted Average Basic Shares Outstanding	125.11M	125.60M	125.83M	125.69M	126.73M	129.02M	153.90M	141.32M	156.19M	26.06M	39.28M
Adjusted Diluted Earnings per Share	($3.16)	($1.15)	($1.18)	($1.39)	($2.23)	($2.88)	($1.86)	($4.42)	($4.12)	($5.78)	($3.05)
Adjusted Weighted Average Diluted Shares Outstanding	125.11M	125.60M	125.83M	125.69M	126.73M	129.02M	153.90M	141.32M	156.19M	26.06M	39.28M
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	125.33M	125.80M	125.85M	126.87M	127.71M	155.57M	155.63M	156.47M	25.89M	45.09M	48.34M
Normalized Net Operating Profit after Tax (NOPAT)	-66	-68	-74	-102	-161	-138	-114	-266	-117	-113	-73
Normalized NOPAT Margin	-33.62%	-32.85%	-36.90%	-50.82%	-82.51%	-76.48%	-61.69%	-134.99%	-59.44%	-66.80%	-48.56%
Pre Tax Income Margin	-62.51%	-60.41%	-74.14%	-86.90%	-144.74%	-206.26%	-153.94%	-344.87%	-326.98%	-88.66%	-80.03%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-918.29	-1.58	-1.31
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-161.40	-1.91	-1.54
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-1,047.00	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	-290.11	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%

Financials Breakdown Chart

Key Financial Trends

Here are the key takeaways for Wolfspeed (NYSE: WOLF) based on the latest quarterly statements in the provided four-year window. The focus is on liquidity, leverage, profitability, and cash flow dynamics that may matter to retail investors.

Cash and cash equivalents were about $1,028.8 million in Q2 2026, providing solid liquidity headroom.
Short-term investments were about $263.5 million, further boosting liquidity in Q2 2026.
Healthy working capital in Q2 2026: total current assets about $1,932.6 million versus total current liabilities about $297.1 million.
Net cash from continuing operating activities in Q2 2026 was a small positive at about $5.7 million, indicating some cash generation from core operations.
Net cash from continuing investing activities in Q2 2026 showed an inflow of about $136.9 million, driven by asset/investment activity and proceeds.
Long-term debt declined sharply in Q2 2026 to about $1,963.7 million from roughly $6,511.8 million in Q1 2026, materially reducing leverage for the quarter.
Total equity stood around $627.4 million in Q2 2026, reflecting a positive equity base despite ongoing losses.
Revenue in Q2 2026 was about $168.5 million, down versus prior year levels (e.g., Q2 2025 at $180.5M and Q4 2025 at $197.0M), suggesting softer top-line momentum.
The balance sheet shows quarterly volatility, with total assets moving from about $6.55B in Q1 2026 to about $3.45B in Q2 2026 within the dataset, which may reflect restatements or restructuring in the period.
Net income attributable to common shareholders in Q2 2026 was about -$150.6 million, underscoring ongoing profitability challenges.

05/10/26 08:53 PM ETAI Generated. May Contain Errors.

Wolfspeed Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Wolfspeed's financial year ends in June. Their financial year 2025 ended on June 29, 2025.

Wolfspeed's net income appears to be on an upward trend, with a most recent value of -$1.61 billion in 2025, rising from -$64.69 million in 2015. The previous period was -$864.20 million in 2024. See Wolfspeed's forecast for analyst expectations on what's next for the company.

Wolfspeed's total operating income in 2025 was -$1.33 billion, based on the following breakdown:

Total Gross Profit: -$121.60 million
Total Operating Expenses: $1.21 billion

Over the last 10 years, Wolfspeed's total revenue changed from $1.63 billion in 2015 to $757.60 million in 2025, a change of -53.6%.

Wolfspeed's total liabilities were at $7.30 billion at the end of 2025, a 2.8% increase from 2024, and a 1,402.1% increase since 2015.

In the past 10 years, Wolfspeed's cash and equivalents has ranged from $118.90 million in 2018 to $1.76 billion in 2023, and is currently $467.20 million as of their latest financial filing in 2025.

Over the last 10 years, Wolfspeed's book value per share changed from 22.56 in 2015 to -2.87 in 2025, a change of -112.7%.

Related Companies

Financial statements for NYSE:WOLF last updated on 5/9/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Wolfspeed (WOLF) Financials

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Wolfspeed (WOLF) Financials

Annual Income Statements for Wolfspeed

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Financials Breakdown Chart

Key Financial Trends

Wolfspeed Financials - Frequently Asked Questions

When does Wolfspeed's fiscal year end?

How has Wolfspeed's net income changed over the last 10 years?

What is Wolfspeed's operating income?

How has Wolfspeed's revenue changed over the last 10 years?

How much debt does Wolfspeed have?

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How has Wolfspeed's book value per share changed over the last 10 years?

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