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Wolfspeed WOLF Operating Income

Operating Income at other companies

ON Semiconductor logo
ON SemiconductorON
$258.6M+33.7%
Diodes logo
DiodesDIOD
$33.29M+255%
Alpha and Omega Semiconductor logo
Alpha and Omega SemiconductorAOSL
-$14.06M-31.9%
Magnachip Semiconductor logo
Magnachip SemiconductorMX
-$7.17M-35.8%
Advanced Energy Industries logo
Advanced Energy IndustriesAEIS
$68.3M+123%
Littelfuse logo
LittelfuseLFUS
$119.72M+29.0%

Other financials

Income statement

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Revenue$150.2M-19.0%
Gross profit-$40.0M-77.8%
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:OperatingIncomeLoss.

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
Gain on disposal of property and equipment(0.5)(0.2)
Restructuring and other expenses10.665.4
Total operating expense74.3172.0
Operating loss(114.3)(194.5)
Interest expense, net52.185.4
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

Item 1. Financial Statements (Unaudited)

FAQ

What is Wolfspeed's operating income?
Wolfspeed (WOLF) reported operating income of -$114.3M in Q1 2026.
How has Wolfspeed's operating income changed year-over-year?
Wolfspeed's operating income increased by 41.2% year-over-year, from -$194.5M to -$114.3M.
What is the long-term trend for Wolfspeed's operating income?
Over 3 years (2022 to 2025), Wolfspeed's operating income has grown at a 87.1% compound annual growth rate (CAGR), from -$203.1M to -$1.33B.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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