Navitas Semiconductor CorpNVTSEarnings & Financial Report
Navitas Semiconductor Corp is a leading global semiconductor firm specializing in gallium nitride (GaN) power integrated circuits. Its high-efficiency, compact power solutions serve consumer electronics, electric vehicles, renewable energy, and industrial sectors, with clients spanning North America, Asia, and Europe.
Revenue
$14.0M
Gross Profit
$5.3M
Operating Profit
$-25.3M
Net Profit
$-16.8M
Gross Margin
37.9%
Operating Margin
-180.5%
Net Margin
-120.1%
YoY Growth
-39.5%
EPS
$-0.09
Navitas Semiconductor Corp Q1 FY2025 Financial Summary
Navitas Semiconductor Corp reported revenue of $14.0M (down 39.5% YoY) for Q1 FY2025, with a net profit of $-16.8M (down 357.2% YoY) (-120.1% margin). Cost of goods sold was $8.7M, operating expenses totaled $30.6M.
Key Financial Metrics
| Total Revenue | $14.0M |
|---|---|
| Net Profit | $-16.8M |
| Gross Margin | 37.9% |
| Operating Margin | -180.5% |
| Report Period | Q1 FY2025 |
Navitas Semiconductor Corp Annual Revenue by Year
Navitas Semiconductor Corp annual revenue history includes year-by-year totals (for example, 2025 revenue was $45.9M).
| Year | Annual Revenue |
|---|---|
| 2025 | $45.9M |
| 2024 | $83.3M |
| 2023 | $79.5M |
| 2022 | $37.9M |
Navitas Semiconductor Corp Quarterly Revenue & Net Profit History
Navitas Semiconductor Corp results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $8.6M | -38.7% | N/A | N/A |
| Q4 FY2025 | $7.3M | -59.4% | $-31.8M | -436.1% |
| Q3 FY2025 | $10.1M | -53.4% | $-19.2M | -190.2% |
| Q2 FY2025 | $14.5M | -29.2% | $-49.1M | -338.7% |
| Q1 FY2025 | $14.0M | -39.5% | $-16.8M | -120.1% |
| Q4 FY2024 | $18.0M | -31.0% | $-39.9M | -221.7% |
| Q3 FY2024 | $21.7M | -1.4% | $-18.7M | -86.4% |
| Q2 FY2024 | $20.5M | +13.3% | $-22.3M | -109.1% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $20.5M | $21.7M | $18.0M | $14.0M | $14.5M | $10.1M | $7.3M | $8.6M |
| YoY Growth | 13.3% | -1.4% | -31.0% | -39.5% | -29.2% | -53.4% | -59.4% | -38.7% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $439.1M | $419.4M | $390.0M | $370.8M | $449.4M | $430.2M | $500.5M | $481.4M |
| Liabilities | $51.0M | $38.6M | $42.0M | $29.0M | $60.6M | $59.2M | $56.8M | $61.3M |
| Equity | $388.1M | $380.8M | $348.0M | $341.8M | $388.9M | $371.0M | $443.7M | $420.0M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $-15.1M | $-13.7M | $-10.2M | $-13.5M | $-11.2M | $-10.0M | $-8.1M |