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Wolfspeed WOLF Operating Lease Liability - Undiscounted Excess Amount

Operating Lease Liability - Undiscounted Excess Amount at other companies

Navitas Semiconductor Corporation logo
Navitas Semiconductor CorporationNVTS
$295K-48.6%
Alpha and Omega Semiconductor logo
Alpha and Omega SemiconductorAOSL
$2.53M-15.5%

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%
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$1.52B+561%
Enterprise value$1.86B-71.2%
P/S2.1×+1.8×

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:LesseeOperatingLeaseLiabilityUndiscountedExcessAmount.

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) / Fiscal Year EndingSuccessor / Operating LeasesSuccessor / Finance LeasesSuccessor / Total
June 27, 202718.20.418.6
June 25, 202817.80.218.0
June 24, 202917.20.217.4
June 30, 203016.00.216.2
Thereafter130.713.7144.4
Total lease payments205.514.9220.4
Imputed lease interest(97.6)(12.8)(110.4)
Total lease liabilities$107.9$2.1$110.0

Item 1. Financial Statements (Unaudited)

FAQ

What is Wolfspeed's operating lease liability - undiscounted excess amount?
Wolfspeed (WOLF) reported operating lease liability - undiscounted excess amount of $97.6M in Q1 2026.
How has Wolfspeed's operating lease liability - undiscounted excess amount changed year-over-year?
Wolfspeed's operating lease liability - undiscounted excess amount increased by 87.3% year-over-year, from $52.1M to $97.6M.
What does operating lease liability - undiscounted excess amount mean?
This represents the difference between the total undiscounted future lease payments and the present value of those payments recorded on the balance sheet. It effectively quantifies the interest component embedded within operating lease obligations. It is a measure of the financing cost inherent in the lease portfolio.

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