NASDAQ$WOLF

Wolfspeed Inc · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

Wolfspeed reported fiscal Q4 2025 revenue of $197M with a GAAP loss per share of $4.30 (non-GAAP loss $0.77).

Fourth-quarter revenue was approximately $197 million; Mohawk Valley Fab contributed $94.1 million. GAAP gross margin was negative as underutilization costs persisted. The company is pursuing Chapter 11 reorganization with a plan hearing expected next month.

  • Q4 revenue ~$197M; Mohawk Valley Fab $94.1M.
  • GAAP loss per share $(4.30); non-GAAP $(0.77).
  • Underutilization at new fab weighed on margins.
  • Chapter 11 reorganization and capital structure reset in progress.

Headline financials

Total Revenue

$197M

Previous: $201M-1.8%
EPS (adj)

-$0.77

Previous: -$0.89+13.5%
Mohawk Valley Fab Revenue

$94.1M

No prior period
GAAP Gross Margin

-13.0%

Previous: 1.0%-1400.0%
Non-GAAP Gross Margin

-1.0%

Previous: 5.0%-120.0%
Underutilization Costs

$23.6M

Previous: $24M-1.7%
GAAP Operating Loss Percentage

-295.0%

Previous: -73.0%-304.1%
Non-GAAP Operating Loss Percentage

-48.0%

Previous: -59.0%+18.6%
Net Income

-$669M

Previous: -$175M-282.7%
Operating Income

-$582M

Previous: -$146M-298.6%
Gross Profit

-$25.7M

Previous: $2.4M-1170.8%

Revenue & EPS history

Wolfspeed · Revenue · Quarterly

$197M

Q4 2025-1.8%vs Q4 2024
Beat estimate in 5 of 15 quarters(33%)
ActualEstimate

Revenue by segment

Wolfspeed · $197M total across 2 segments · Q1 2024

  • Power Products
    $101M
  • Materials Products
    $96.2M

Forward guidance

Outlook emphasizes path to profitability, liquidity, and cost discipline.

Tailwinds

  • Operating initiatives and partnership milestones.
  • Cash runway and restructuring progress.

Headwinds

  • Operating losses and financing needs.
  • Competitive and regulatory uncertainty.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 2 quarterly earnings reports

Historical avg

-2.8%

Avg return

Earnings day

+2.7%

Avg return

5 days after

+21.6%

Avg return

30 days after

41%

28 / 68 earnings

Positive

+29.7%

Q1 2022

Best reaction

-35.3%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+3.2%+38.6%
Q2 2026-9.7%-8.1%-3.7%
Q1 2026-7.9%-14.1%+9.0%
Q4 2025+0.0%-5.8%+59.4%
Q3 2025-26.2%
Q2 2025+1.5%
Q1 2025-35.3%
Q4 2024-2.6%
Q3 2024-12.8%
Q2 2024-17.2%
Q1 2024+17.9%
Q4 2023-19.0%
Q3 2023-18.3%
Q2 2023-5.5%
Q1 2023-17.2%
Q4 2022+27.5%
Q3 2022-9.6%
Q2 2022+0.6%
Q1 2022+29.7%
Q4 2021-10.4%
Q3 2021-15.5%
Q2 2021-1.8%
Q1 2021-7.0%
Q4 2020-12.5%
Q3 2020+4.1%
Q2 2020-10.5%
Q1 2020-1.2%
Q4 2019-15.9%
Q3 2019+0.2%
Q2 2019+5.0%
Q1 2019+12.7%
Q4 2018-8.0%
Q3 2018-2.8%
Q2 2018-1.9%
Q1 2018+16.7%
Q4 2017-1.6%
Q3 2017-10.8%
Q2 2017+4.9%
Q1 2017-9.6%
Q4 2016-16.6%
Q3 2016+7.5%
Q2 2016+9.0%
Q1 2016-6.0%
Q4 2015+2.9%
Q3 2015-7.8%
Q2 2015+9.6%
Q1 2015-17.1%
Q4 2014-9.8%
Q3 2014-11.3%
Q2 2014+7.7%
Q1 2014-15.8%
Q4 2013-21.3%
Q3 2013+1.7%
Q2 2013+21.0%
Q1 2013+13.6%
Q4 2012+5.3%
Q3 2012+3.1%
Q2 2012+2.3%
Q1 2012-0.4%
Q4 2009-4.7%
Q4 2011-4.7%
Q3 2011+0.5%
Q3 2010+0.5%
Q2 2011-3.1%
Q2 2010-3.1%
Q4 2010+4.8%
Q1 2010+4.8%
Q1 2011+4.8%

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