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Wolfspeed WOLF Gross margin

Gross margin at other companies

Coherent logo
CoherentCOHR
36.8%+2.3pp
ON Semiconductor logo
ON SemiconductorON
37.5%-2.4pp
Navitas Semiconductor Corporation logo
Navitas Semiconductor CorporationNVTS
30.1%-2.5pp
Diodes logo
DiodesDIOD
31.3%-1.6pp
Veeco Instruments logo
Veeco InstrumentsVECO
38.6%-3.3pp
Broadcom Inc. logo
Broadcom Inc.AVGO
68.3%+2.2pp

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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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

Calculated from Wolfspeed’s reported figures.

Based on trailing twelve months.

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 gross margin?
Wolfspeed (WOLF) reported gross margin of -31% in Q1 2026.
How has Wolfspeed's gross margin changed year-over-year?
Wolfspeed's gross margin decreased by 152.7% year-over-year, from -12.3% to -31%.
What is the long-term trend for Wolfspeed's gross margin?
Over 4 years (2021 to 2025), Wolfspeed's gross margin has grown at a -15.4% compound annual growth rate (CAGR), from 31.3% to -16.1%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.