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Navitas Semiconductor Corporation NVTS Ireland — Foreign net operating loss carry forwards

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Other financials

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

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Market cap$3.24B+139%
Enterprise value$2.68B+124%
P/S88.6×+68.8×

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×

Where this comes from

Reported directly by Navitas Semiconductor Corporation in its filing.

Tagged under the XBRL concept us-gaap:DeferredTaxAssetsOperatingLossCarryforwardsForeign.

The source filing: Navitas Semiconductor Corporation’s 10-K, filed February 27, 2026.

Filed
Feb 27, 2026, 2:58 PM EST
Fiscal year
FY2025
Accession
0001821769-26-000007

The Company has approximately $334.8 million of federal net operating loss (“NOL”) carryforwards and approximately $4.9 million of tax-effected state NOL carryforwards as of December 31, 2025. The federal NOLs expire in varying amounts through 2037, while the state NOLs expire in varying amounts through 2045. Federal NOLs arising from the years ended after December 31, 2017, may be carried forward indefinitely. Realization of the NOL carryforwards is dependent on the Company generating sufficient taxable income prior to expiration of the NOL carryforwards and these NOLs could also potentially be subject to usage limitations to the extent there are future changes in the Company’s ownership. As of December 31, 2025, the Company maintains a valuation allowance on the remaining deferred tax assets as the Company believes that it is not more likely than not that the deferred tax assets will be fully realized. The Company also has foreign net operating loss carryforwards of $365.8 million as of December 31, 2025. Of the foreign NOLs, $364.8 million are in Ireland and the deferred tax asset has a full valuation allowance as a result of the historical losses in the country.

Item 8. Item 8. Financial Statements and Supplementary Data F- Financial Statements and Supplementary Data.

FAQ

What is Navitas Semiconductor Corporation's ireland — foreign net operating loss carry forwards?
Navitas Semiconductor Corporation (NVTS) reported ireland — foreign net operating loss carry forwards of $364.8M in Q4 2025.
What does ireland — foreign net operating loss carry forwards mean?
This metric represents the accumulated tax losses generated by operations within the Irish jurisdiction that are available to offset future taxable income. It serves as a deferred tax asset, reflecting the potential for future tax savings based on historical operating performance in this specific geographic region. Investors monitor this to assess the company's future tax liability profile and the strategic utilization of regional tax planning structures.

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