Navitas Semiconductor (NVTS)
Designs GaN and high-voltage SiC power chips for data centers, grids, and industrial systems.
$12.20
vs last close+0.04 (+0.29%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 22 | 26 | 23 | 20 | 22 | 18 | 14 | 14 | 10 | 7 | 9 | 11 |
| Cost of revenue | 15 | 15 | 14 | 12 | 13 | 20 | 9 | 12 | 11 | 5 | 10 | 12 |
| Gross profit | 7 | 11 | 10 | 8 | 9 | −2 | 5 | 2 | −1 | 3 | −1 | −1 |
| 36 | 38 | 41 | 39 | 38 | 35 | 31 | 24 | 19 | 28 | 26 | 26 | |
| Research & development | 17 | 18 | 20 | 19 | 18 | 19 | 13 | 11 | 13 | 12 | 15 | 13 |
| Selling, general & administrative | 14 | 15 | 16 | 15 | 15 | 16 | 12 | 8 | 5 | 10 | 11 | 13 |
| Other expenses | 5 | 5 | 5 | 5 | 5 | 0 | 6 | 5 | 0 | 5 | 0 | 0 |
| Operating income | −29 | −27 | −32 | −31 | −29 | −38 | −25 | −22 | −19 | −25 | −27 | −27 |
| 36 | −6 | 28 | 9 | 10 | −3 | 9 | −27 | 0 | −7 | −6 | −201 | |
| Interest income | 2 | 2 | 2 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other non-operating income | 0 | 6 | −28 | −9 | −10 | 7 | −1 | 27 | 0 | 7 | 6 | 0 |
| Income before tax | 8 | −33 | −4 | −22 | −19 | −40 | −17 | −49 | −19 | −32 | −34 | −228 |
| Income tax expense | 0 | −1 | 0 | 0 | 0 | −1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income from continuing operations | 8 | −33 | −4 | −22 | −19 | −40 | −17 | −49 | −19 | −32 | −34 | −228 |
| Net income | 8 | −33 | −4 | −22 | −19 | −40 | −17 | −49 | −19 | −32 | −34 | −228 |
| EPS, basic | $0.04 | −$0.18 | −$0.02 | −$0.12 | −$0.10 | −$0.21 | −$0.09 | −$0.25 | −$0.09 | −$0.14 | −$0.15 | −$0.95 |
| EPS, diluted | $0.04 | −$0.18 | −$0.02 | −$0.12 | −$0.10 | −$0.21 | −$0.09 | −$0.25 | −$0.09 | −$0.14 | −$0.15 | −$0.95 |
| Weighted average shares, basic | 175 | 179 | 180 | 183 | 185 | 187 | 188 | 199 | 213 | 222 | 222 | 236 |
| Weighted average shares, diluted | 186 | 179 | 180 | 183 | 185 | 187 | 188 | 199 | 213 | 222 | 222 | 236 |
| EBITDA | −23 | −28 | 2 | −17 | −13 | −39 | −18 | −43 | −14 | −26 | −28 | −33 |
| Depreciation & amortization | 5 | 5 | 5 | 6 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | −6 |
| EBIT | −29 | −33 | −4 | −22 | −19 | −44 | −24 | −49 | −19 | −32 | −33 | −27 |
