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Wolfspeed WOLF Net Income

Net Income at other companies

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-$228.22M-365%
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Magnachip SemiconductorMX
-$4.65K+47.7%

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$1.43B+549%
Enterprise value$1.77B-72.5%
P/S+1.7×

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:NetIncomeLoss.

The source filing: Wolfspeed’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 4:32 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0000895419-26-000030
(in millions of U.S. Dollars, except share data)Successor / Three months ended / March 29, 2026Predecessor / Three months ended / March 30, 2025
Non-operating (income) expense, net(46.2)5.5
Loss before income taxes(120.2)(285.4)
Income tax (benefit) expense(0.3)0.1
Net loss($119.9)($285.5)
Basic loss per share
Net loss($3.05)($1.86)
Diluted loss per share
Net loss($3.05)($1.86)

Item 1. Financial Statements (Unaudited)

FAQ

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 2 years (2023 to 2025), Wolfspeed's net income has grown at a 120.9% compound annual growth rate (CAGR), from -$329.9M to -$1.61B.
What does net income mean?
Net income as the starting point for the indirect method operating cash flow reconciliation.

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