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Wolfspeed WOLF Materials Products — Revenue

Other product segments

Power Products
$100.1M-6.9%

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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)Successor / Three months ended March 29, 2026Predecessor / Three months ended March 30, 2025
Power Products$100.1$107.5
Materials Products50.177.9
Total$150.2$185.4

Item 1. Financial Statements (Unaudited)

FAQ

What is Wolfspeed's materials products — revenue?
Wolfspeed (WOLF) reported materials products — revenue of $50.1M in Q1 2026.
How has Wolfspeed's materials products — revenue changed year-over-year?
Wolfspeed's materials products — revenue decreased by 35.7% year-over-year, from $77.9M to $50.1M.
What is the long-term trend for Wolfspeed's materials products — revenue?
Over 3 years (2022 to 2025), Wolfspeed's materials products — revenue has grown at a 5.2% compound annual growth rate (CAGR), from $295.5M to $343.6M.
What does materials products — revenue mean?
This metric represents the total gross sales generated from the sale of silicon carbide and gallium nitride materials, including substrates and epitaxial wafers. It serves as a key indicator of the company's upstream market position and demand for foundational wide bandgap semiconductor materials used in power and radio-frequency applications. Tracking this revenue stream provides insight into the company's ability to monetize its core material science capabilities independently of its finished device manufacturing.

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