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Wolfspeed WOLF Factory start-up costs

Factory start-up costs at other companies

FormFactor logo
FormFactorFORM
$7.07M
First Solar logo
First SolarFSLR
$8.55M-51.4%
MP Materials logo
MP MaterialsMP
$5.89M+503%
Imperial Oil logo
Imperial OilIMO
$1.75B+4.0%
Churchill Downs logo
Churchill DownsCHDN
$3M-25.0%
Shake Shack logo
Shake ShackSHAK
$6.87M+113%

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:FactoryOptimizationStartUpCosts.

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 factory start-up costs?
Wolfspeed (WOLF) reported factory start-up costs of $0 in Q1 2026.
How has Wolfspeed's factory start-up costs changed year-over-year?
Wolfspeed's factory start-up costs decreased by 100.0% year-over-year, from $23.5M to $0.
What is the long-term trend for Wolfspeed's factory start-up costs?
Over 4 years (2021 to 2025), Wolfspeed's factory start-up costs has grown at a 80.6% compound annual growth rate (CAGR), from $8M to $85.2M.
What does factory start-up costs mean?
Represents the non-recurring costs associated with commissioning, testing, and ramping up new manufacturing facilities or production lines to full operational capacity. These expenses typically include labor, utility, and overhead costs incurred before a facility achieves commercial production levels. Monitoring this metric is essential for assessing the capital intensity and execution efficiency of a company's capacity expansion strategy.