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Navitas Semiconductor Corporation

NVTS

Navitas Semiconductor Corporation is a leader in next-generation power semiconductors, specializing in wide bandgap (WBG) materials including gallium nitride (GaN) and silicon carbide (SiC).

Market cap
$2.78B+101%
Revenue$36.5M-46.4%
Net income-$313.1M-151%
Free cash flow-$67.8M-34.3%
EPS (diluted)-$1.33-105%
Trailing twelve months · change vs. prior year

Earnings

Next report

Date not yet announced

Financials

Q2 2026

Income statement

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Revenue$10.5M-27.3%
Gross profit$4.1M+75.2%
Operating income-$27.2M-25.6%
Net income-$228.2M-365%
EPS (diluted)-$0.95-280%

Balance sheet

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Cash & equivalents$558.3M+246%
Total debt$5.5M-29.5%
Total equity$801.4M+106%
Total assets$832.4M+85.2%

Cash flow

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Operating cash flow-$32.0M-185%
CapEx$227.0K-66.6%
Free cash flow-$32.2M-170%

Valuation & ratios

Valuation

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Market cap$2.78B+101%
Enterprise value$2.23B+49.4%
P/S76.1×+52.0×

Profitability

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Gross margin38.1%+11.0pp
Operating margin-316.9%+2,312pp
Net margin-856.9%-1,175pp
FCF margin-185.7%-553pp

Returns & leverage

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Return on equity-52.6%+94.1pp
Debt / equity0.0×
Current ratio21.8×+13.6×

Competitors

Profile

Navitas Semiconductor Corporation is a leader in next-generation power semiconductors, specializing in wide bandgap (WBG) materials including gallium nitride (GaN) and silicon carbide (SiC). The company provides high-efficiency power integrated circuits and high-voltage devices that replace traditional silicon-based components to improve power density and energy conservation. Its core value proposition centers on enabling superior thermal performance and reduced system size for high-power applications in critical infrastructure and computing.

Competitive position

A pure-play next-generation power semiconductor company and the first to offer a full-stack portfolio of both GaN and high-voltage SiC solutions.

GeographiesUnited States, Ireland, Germany, Italy, Belgium, China, Taiwan, Thailand, South Korea, Philippines
Customer segmentsAI Data Centers, Energy and Grid Infrastructure, Performance Computing, Industrial Electrification
Business modelFabless semiconductor design, IP licensing
SuppliersEpitaxial wafer and substrate suppliers, Silicon substrate providers, Bauxite/Aluminum refiners (Gallium sourcing)
CustomersData center operators, Grid infrastructure OEMs, High-end computer manufacturers, Industrial appliance manufacturers
CountryIreland
Listed2021
Employees314.0
CEOChris Allexandre
FilingsSEC EDGAR

Questions, answered.

What is Navitas Semiconductor Corporation's market cap?
Navitas Semiconductor Corporation (NVTS) has a market capitalization of $2.8B and trades on NASDAQ.
What is Navitas Semiconductor Corporation's revenue and profitability?
Navitas Semiconductor Corporation generated $36.5M in trailing twelve-month revenue with a net loss of $313.1M, representing a net margin of -856.9%. Gross margin stands at 38.1%, with free cash flow of -$67.8M. These figures are based on the Q2 2026 filing.
Who are Navitas Semiconductor Corporation's competitors?
Navitas Semiconductor Corporation's key competitors include ON Semiconductor Corporation, Wolfspeed, Inc., Power Integrations, Inc., and others. These companies compete in similar markets and product categories.
Who does Navitas Semiconductor Corporation partner with?
Navitas Semiconductor Corporation's notable partners include Infineon Technologies AG, Taiwan Semiconductor Manufacturing Company, GlobalFoundries, and others.
What subsidiaries does Navitas Semiconductor Corporation have?
Navitas Semiconductor Corporation's subsidiaries include GeneSiC Semiconductor, Navitas Semiconductor Ireland, LLC.
Where is Navitas Semiconductor Corporation headquartered?
Navitas Semiconductor Corporation is headquartered in Ireland and employs approximately 314 people. It has been publicly traded since 2021.