What is Wolfspeed's net income?

Wolfspeed (WOLF) reported net income of -$119.9M in Q1 2026.

How has Wolfspeed's net income changed year-over-year?

Wolfspeed's net income increased by 58.0% year-over-year, from -$285.5M to -$119.9M.

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

Over 3 years (2021 to 2025), Wolfspeed's net income has grown at a 45.4% compound annual growth rate (CAGR), from -$523.9M to -$1.61B.

What does net income mean?

The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

Wolfspeed WOLF Net Income

Net Income at other companies

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$191.4M+1,118%

ON SemiconductorON

-$33.4M+93.1%

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-$33.79M-101%

DiodesDIOD

$14.96M+437%

Veeco InstrumentsVECO

-$324K-103%

Broadcom Inc.AVGO

$9.31B+87.5%

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%

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

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:NetIncomeLoss.

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 net income?: Wolfspeed (WOLF) reported net income of -$119.9M in Q1 2026.
How has Wolfspeed's net income changed year-over-year?: Wolfspeed's net income increased by 58.0% year-over-year, from -$285.5M to -$119.9M.
What is the long-term trend for Wolfspeed's net income?: Over 3 years (2021 to 2025), Wolfspeed's net income has grown at a 45.4% compound annual growth rate (CAGR), from -$523.9M to -$1.61B.
What does net income mean?: The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.