Wolfspeed Quarterly Income Statement
NYSE: WOLFTechnologySemiconductorsUSD
At close: Oct 9, 4:04 PM ET · Delayed 15 min
Wolfspeed revenue and earnings
In the quarter ended Jun 28, 2026, Wolfspeed generated $149.6 million in revenue, down 24.0% from the same quarter a year earlier. Wolfspeed reported a net loss of $145.3 million, compared with a loss of $643.6 million a year earlier. Gross margin was -24.5% (up from -39.2%) and operating margin -77.1%.
Summary generated from market data by MetaCap's automated system. Methodology
Wolfspeed income statement (quarterly)
| Quarter (USD) | Q4 20262026-06-28 | Q3 20262026-03-29 | Q2 20262025-12-28 | Q1 20262025-09-29 | Q1 20262025-09-28 | Q4 20252025-06-29 | Q3 20252025-03-30 | Q2 20252024-12-29 | Q1 20252024-09-29 | Q4 20242024-06-30 | Q3 20242024-03-31 | Q2 20242023-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 149.60M | 150.20M | 168.50M | 196.80M | 196.80M | 197.00M | 185.40M | 180.50M | 194.70M | 200.70M | 200.70M | 208.40M |
| Revenue growth (YoY) | -23.98% | -23.76% | -9.12% | +9.03% | +1.08% | -1.84% | -7.62% | -13.39% | -1.37% | -0.99% | +4.21% | +19.91% |
| Cost of Revenue | 186.30M | 190.20M | 246.80M | 273.90M | 273.90M | 222.70M | 207.90M | 217.70M | 230.90M | 198.30M | 178.20M | 180.60M |
| Gross Profit | -36.70M | -40.00M | -78.30M | -77.10M | -77.10M | -25.70M | -22.50M | -37.20M | -36.20M | 2.40M | 22.50M | 27.80M |
| Operating Expenses | 78.60M | 74.30M | 80.10M | 84.30M | 84.30M | 555.90M | 172.00M | 285.80M | 193.90M | 148.30M | 128.90M | 125.90M |
| Research & Development | 27.90M | 27.20M | 24.90M | 31.70M | 31.70M | 37.60M | 42.20M | 44.40M | 50.90M | 60.00M | 52.50M | 45.30M |
| Selling, General & Admin | 37.30M | 37.00M | 29.40M | 37.90M | 37.90M | 36.10M | 41.10M | 51.10M | 62.20M | 61.60M | 55.80M | 64.90M |
| Operating Income | -115.30M | -114.30M | -158.40M | -161.40M | -161.40M | -581.60M | -194.50M | -323.00M | -230.10M | -145.90M | -106.40M | -98.10M |
| Interest Expense | 39.80M | 52.10M | 58.00M | 700.00K | 700.00K | 84.80M | 85.40M | 80.50M | 64.50M | 60.80M | 59.50M | 64.30M |
| Other Income (Expense) | 10.30M | 46.20M | 67.00M | 22.40M | 22.40M | -13.00M | -5.50M | 31.20M | 12.80M | 217.80M | -42.40M | -27.80M |
| Pretax Income | -144.80M | -120.20M | -149.40M | 423.70M | -643.50M | -679.40M | -285.40M | -372.30M | -281.80M | -174.40M | -148.80M | -125.90M |
| Income Tax | 500.00K | -300.00K | 1.20M | 3.50M | 100.00K | -10.10M | 100.00K | -100.00K | 400.00K | 500.00K | 100.00K | 300.00K |
| Net Income | -145.30M | -119.90M | -150.60M | 420.20M | -643.60M | -669.30M | -285.50M | -372.20M | -282.20M | -174.90M | -148.90M | -144.70M |
| Net Income growth (YoY) | — | — | — | — | — | — | — | — | — | — | — | — |
| EPS (Basic) | — | -3.05 | -5.78 | 2.69 | -4.12 | -4.42 | -1.86 | -2.88 | -2.23 | -1.39 | -1.18 | -1.15 |
| EPS (Diluted) | — | -3.05 | -5.78 | 2.22 | -4.12 | -4.42 | -1.86 | -2.88 | -2.23 | -1.39 | -1.18 | -1.15 |
| Shares Outstanding (Basic) | — | 39.28M | 26.06M | 156.19M | 156.19M | — | 153.90M | 129.02M | 126.73M | — | 125.83M | 125.60M |
| Shares Outstanding (Diluted) | — | 39.28M | 26.06M | 189.05M | 156.19M | — | 153.90M | 129.02M | 126.73M | — | 125.83M | 125.60M |
| EBITDA | -83.60M | -83.40M | -121.00M | -92.10M | -92.10M | -521.20M | -140.60M | -256.30M | -159.00M | -100.60M | -59.40M | -49.50M |
| Gross Margin | -24.53% | -26.63% | -46.47% | -39.18% | -39.18% | -13.05% | -12.14% | -20.61% | -18.59% | 120.00% | 11.21% | 13.34% |
| Operating Margin | -77.07% | -76.10% | -94.01% | -82.01% | -82.01% | -295.23% | -104.91% | -178.95% | -118.18% | -72.70% | -53.01% | -47.07% |
| Net Margin | -97.13% | -79.83% | -89.38% | 213.52% | -327.03% | -339.75% | -153.99% | -206.20% | -144.94% | -87.14% | -74.19% | -69.43% |
This table shows 12 quarterly periods of Wolfspeed's income statement, from Q4 2026 back to Q2 2024, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow WOLF's reporting calendar. What is a income statement?