What is Wolfspeed's capex?

Wolfspeed (WOLF) reported capex of $30M in Q4 2025.

How has Wolfspeed's capex changed year-over-year?

Wolfspeed's capex decreased by 92.5% year-over-year, from $401.8M to $30M.

What is the long-term trend for Wolfspeed's capex?

Over 4 years (2021 to 2025), Wolfspeed's capex has grown at a 22.2% compound annual growth rate (CAGR), from $570.5M to $1.27B.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Wolfspeed WOLF CapEx

CapEx at other companies

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$289.68M+159%

ON SemiconductorON

$21.9M-85.2%

Navitas Semiconductor CorporationNVTS

$388K+846%

DiodesDIOD

$31.87M+101%

Veeco InstrumentsVECO

$5.1M-24.5%

Broadcom Inc.AVGO

$231M+60.4%

Other financials

Income statement

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Revenue$150.2M-19.0%

Gross profit-$40.0M-77.8%

Operating income-$114.3M+41.2%

Net income-$119.9M+58.0%

EPS (diluted)-$3.05-64.0%

Balance sheet

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Cash & equivalents$695.1M-4.8%

Total debt$1.0B-71.6%

Total equity$1.0B+380%

Total assets$3.1B-58.4%

Cash flow

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Operating cash flow-$61.4M+56.8%

Free cash flow-$72.6M+87.8%

Valuation

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Market cap$2.54B+65.7%

Enterprise value$2.88B-66.7%

P/S3.6×+1.6×

Profitability

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Gross margin-31%-90.0pp

Operating margin-142.6%+39.0pp

Net margin-72.9%-24.4pp

FCF margin-135.9%-51.9pp

Returns & leverage

See full

Return on equity-84.2%-29.3pp

Debt / equity1×-16.1×

Current ratio7×+2.4×

Where this comes from

Reported directly by Wolfspeed in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Wolfspeed’s 10-Q, filed February 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Wolfspeed's capex?: Wolfspeed (WOLF) reported capex of $30M in Q4 2025.
How has Wolfspeed's capex changed year-over-year?: Wolfspeed's capex decreased by 92.5% year-over-year, from $401.8M to $30M.
What is the long-term trend for Wolfspeed's capex?: Over 4 years (2021 to 2025), Wolfspeed's capex has grown at a 22.2% compound annual growth rate (CAGR), from $570.5M to $1.27B.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.