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Wolfspeed WOLF Change in Deferred Revenue

Change in Deferred Revenue at other companies

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CoherentCOHR
-$234K+59.1%
Navitas Semiconductor Corporation logo
Navitas Semiconductor CorporationNVTS
-$185K
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Veeco InstrumentsVECO
$18.57M+339%
Littelfuse logo
LittelfuseLFUS
-$162K-126%
SkyWater Technology, Inc. logo
SkyWater Technology, Inc.SKYT
-$2.89M-106%

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%
CapEx$30.0M-92.5%
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

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Return on equity-84.2%-29.3pp
Debt / equity-16.1×
Current ratio+2.4×

Where this comes from

Reported directly by Wolfspeed in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInContractWithCustomerLiability.

The official record: Wolfspeed’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Wolfspeed's change in deferred revenue?
Wolfspeed (WOLF) reported change in deferred revenue of -$40.4M in Q1 2026.
How has Wolfspeed's change in deferred revenue changed year-over-year?
Wolfspeed's change in deferred revenue decreased by 424.7% year-over-year, from -$7.7M to -$40.4M.
What is the long-term trend for Wolfspeed's change in deferred revenue?
Over 2 years (2021 to 2023), Wolfspeed's change in deferred revenue has grown at a 199.4% compound annual growth rate (CAGR), from -$2.8M to $25.1M.
What does change in deferred revenue mean?
Change in payments received from customers for goods/services not yet delivered — a key SaaS and subscription metric.