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Wolfspeed WOLF Reimbursement of capital expenditures from incentives and investment credits

Reimbursement of capital expenditures from incentives and investment credits at other companies

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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 wolf:ProceedsFromGrants.

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 reimbursement of capital expenditures from incentives and investment credits?
Wolfspeed (WOLF) reported reimbursement of capital expenditures from incentives and investment credits of $32.7M in Q1 2026.
How has Wolfspeed's reimbursement of capital expenditures from incentives and investment credits changed year-over-year?
Wolfspeed's reimbursement of capital expenditures from incentives and investment credits decreased by 93.0% year-over-year, from $467.2M to $32.7M.
What is the long-term trend for Wolfspeed's reimbursement of capital expenditures from incentives and investment credits?
Over 3 years (2021 to 2024), Wolfspeed's reimbursement of capital expenditures from incentives and investment credits has grown at a 155.5% compound annual growth rate (CAGR), from $10.7M to $178.5M.
What does reimbursement of capital expenditures from incentives and investment credits mean?
This represents cash inflows received as reimbursements or subsidies for capital expenditures, often provided by government entities or strategic partners to support infrastructure development. It effectively offsets the net cash outflow required for large-scale manufacturing capacity expansion. This metric is critical for evaluating the company's ability to leverage external funding to reduce its own capital intensity.