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Side-by-side financial comparison of PREFORMED LINE PRODUCTS CO (PLPC) and WOLFSPEED, INC. (WOLF). Click either name above to swap in a different company.

PREFORMED LINE PRODUCTS CO is the larger business by last-quarter revenue ($173.1M vs $168.5M, roughly 1.0× WOLFSPEED, INC.). PREFORMED LINE PRODUCTS CO runs the higher net margin — 4.9% vs -89.4%, a 94.2% gap on every dollar of revenue. On growth, PREFORMED LINE PRODUCTS CO posted the faster year-over-year revenue change (3.6% vs -6.6%). PREFORMED LINE PRODUCTS CO produced more free cash flow last quarter ($11.8M vs $-72.6M). Over the past eight quarters, PREFORMED LINE PRODUCTS CO's revenue compounded faster (10.8% CAGR vs -8.4%).

Preformed Line Products Co (PLPC) designs, manufactures and supplies engineered hardware for power transmission, telecommunications, and renewable energy infrastructure sectors. It serves utility, network operator and industrial customers across global regions, offering solutions that boost network reliability and operational efficiency.

Wolfspeed, Inc. is an American developer and manufacturer of wide-bandgap semiconductors, focused on silicon carbide materials and devices for power applications such as transportation, power supplies, power inverters, and wireless systems. The company was formerly named Cree, Inc.

PLPC vs WOLF — Head-to-Head

Bigger by revenue
PLPC
PLPC
1.0× larger
PLPC
$173.1M
$168.5M
WOLF
Growing faster (revenue YoY)
PLPC
PLPC
+10.2% gap
PLPC
3.6%
-6.6%
WOLF
Higher net margin
PLPC
PLPC
94.2% more per $
PLPC
4.9%
-89.4%
WOLF
More free cash flow
PLPC
PLPC
$84.4M more FCF
PLPC
$11.8M
$-72.6M
WOLF
Faster 2-yr revenue CAGR
PLPC
PLPC
Annualised
PLPC
10.8%
-8.4%
WOLF

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
PLPC
PLPC
WOLF
WOLF
Revenue
$173.1M
$168.5M
Net Profit
$8.4M
$-150.6M
Gross Margin
29.8%
-46.5%
Operating Margin
6.8%
-94.0%
Net Margin
4.9%
-89.4%
Revenue YoY
3.6%
-6.6%
Net Profit YoY
-19.3%
59.5%
EPS (diluted)
$1.72
$-5.78

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PLPC
PLPC
WOLF
WOLF
Q4 25
$173.1M
$168.5M
Q3 25
$178.1M
$196.8M
Q2 25
$169.6M
$197.0M
Q1 25
$148.5M
$185.4M
Q4 24
$167.1M
$180.5M
Q3 24
$147.0M
$194.7M
Q2 24
$138.7M
$200.7M
Q1 24
$140.9M
$200.7M
Net Profit
PLPC
PLPC
WOLF
WOLF
Q4 25
$8.4M
$-150.6M
Q3 25
$2.6M
$-643.6M
Q2 25
$12.7M
$-669.3M
Q1 25
$11.5M
$-285.5M
Q4 24
$10.5M
$-372.2M
Q3 24
$7.7M
$-282.2M
Q2 24
$9.4M
$-174.9M
Q1 24
$9.6M
$-148.9M
Gross Margin
PLPC
PLPC
WOLF
WOLF
Q4 25
29.8%
-46.5%
Q3 25
29.7%
-39.2%
Q2 25
32.7%
-13.0%
Q1 25
32.8%
-12.1%
Q4 24
33.3%
-20.6%
Q3 24
31.1%
-18.6%
Q2 24
31.9%
1.2%
Q1 24
31.3%
11.2%
Operating Margin
PLPC
PLPC
WOLF
WOLF
Q4 25
6.8%
-94.0%
Q3 25
7.4%
-82.0%
Q2 25
10.1%
-295.2%
Q1 25
8.8%
-104.9%
Q4 24
10.5%
-178.9%
Q3 24
7.1%
-118.2%
Q2 24
8.1%
-72.7%
Q1 24
8.2%
-53.0%
Net Margin
PLPC
PLPC
WOLF
WOLF
Q4 25
4.9%
-89.4%
Q3 25
1.5%
-327.0%
Q2 25
7.5%
-339.7%
Q1 25
7.8%
-154.0%
Q4 24
6.3%
-206.2%
Q3 24
5.2%
-144.9%
Q2 24
6.8%
-87.1%
Q1 24
6.8%
-74.2%
EPS (diluted)
PLPC
PLPC
WOLF
WOLF
Q4 25
$1.72
$-5.78
Q3 25
$0.53
$-4.12
Q2 25
$2.56
$-4.42
Q1 25
$2.33
$-1.86
Q4 24
$2.13
$-2.88
Q3 24
$1.54
$-2.23
Q2 24
$1.89
$-1.39
Q1 24
$1.94
$-1.18

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PLPC
PLPC
WOLF
WOLF
Cash + ST InvestmentsLiquidity on hand
$1.3B
Total DebtLower is stronger
$38.3M
$2.0B
Stockholders' EquityBook value
$475.5M
$627.4M
Total Assets
$653.6M
$3.4B
Debt / EquityLower = less leverage
0.08×
3.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PLPC
PLPC
WOLF
WOLF
Q4 25
$1.3B
Q3 25
$926.0M
Q2 25
$955.4M
Q1 25
$1.3B
Q4 24
$1.4B
Q3 24
$1.7B
Q2 24
$2.2B
Q1 24
$2.6B
Total Debt
PLPC
PLPC
WOLF
WOLF
Q4 25
$38.3M
$2.0B
Q3 25
$36.0M
$0
Q2 25
$31.8M
$6.5B
Q1 25
$29.1M
$6.5B
Q4 24
$20.8M
$6.4B
Q3 24
$27.2M
$6.2B
Q2 24
$31.6M
$6.2B
Q1 24
$55.0M
Stockholders' Equity
PLPC
PLPC
WOLF
WOLF
Q4 25
$475.5M
$627.4M
Q3 25
$466.3M
$-1.1B
Q2 25
$460.7M
$-447.1M
Q1 25
$435.8M
$212.7M
Q4 24
$422.3M
$372.6M
Q3 24
$429.0M
$628.9M
Q2 24
$416.2M
$882.1M
Q1 24
$413.4M
$1.0B
Total Assets
PLPC
PLPC
WOLF
WOLF
Q4 25
$653.6M
$3.4B
Q3 25
$644.6M
$6.6B
Q2 25
$631.5M
$6.9B
Q1 25
$592.5M
$7.6B
Q4 24
$573.9M
$7.7B
Q3 24
$592.0M
$7.9B
Q2 24
$572.6M
$8.0B
Q1 24
$586.1M
$7.7B
Debt / Equity
PLPC
PLPC
WOLF
WOLF
Q4 25
0.08×
3.13×
Q3 25
0.08×
Q2 25
0.07×
Q1 25
0.07×
30.61×
Q4 24
0.05×
17.24×
Q3 24
0.06×
9.81×
Q2 24
0.08×
6.98×
Q1 24
0.13×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PLPC
PLPC
WOLF
WOLF
Operating Cash FlowLast quarter
$21.9M
$-42.6M
Free Cash FlowOCF − Capex
$11.8M
$-72.6M
FCF MarginFCF / Revenue
6.8%
-43.1%
Capex IntensityCapex / Revenue
5.9%
17.8%
Cash ConversionOCF / Net Profit
2.60×
TTM Free Cash FlowTrailing 4 quarters
$33.3M
$-988.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PLPC
PLPC
WOLF
WOLF
Q4 25
$21.9M
$-42.6M
Q3 25
$18.9M
$5.7M
Q2 25
$26.9M
$-242.5M
Q1 25
$5.7M
$-142.1M
Q4 24
$24.1M
$-195.1M
Q3 24
$9.4M
$-132.0M
Q2 24
$28.3M
$-239.5M
Q1 24
$5.8M
$-136.2M
Free Cash Flow
PLPC
PLPC
WOLF
WOLF
Q4 25
$11.8M
$-72.6M
Q3 25
$8.3M
$-98.3M
Q2 25
$18.6M
$-454.4M
Q1 25
$-5.3M
$-362.8M
Q4 24
$20.6M
$-596.9M
Q3 24
$5.8M
$-569.0M
Q2 24
$24.6M
$-883.8M
Q1 24
$1.8M
$-713.7M
FCF Margin
PLPC
PLPC
WOLF
WOLF
Q4 25
6.8%
-43.1%
Q3 25
4.7%
-49.9%
Q2 25
10.9%
-230.7%
Q1 25
-3.6%
-195.7%
Q4 24
12.3%
-330.7%
Q3 24
3.9%
-292.2%
Q2 24
17.7%
-440.4%
Q1 24
1.3%
-355.6%
Capex Intensity
PLPC
PLPC
WOLF
WOLF
Q4 25
5.9%
17.8%
Q3 25
6.0%
52.8%
Q2 25
4.9%
107.6%
Q1 25
7.4%
119.0%
Q4 24
2.1%
222.6%
Q3 24
2.4%
224.4%
Q2 24
2.7%
321.0%
Q1 24
2.8%
287.7%
Cash Conversion
PLPC
PLPC
WOLF
WOLF
Q4 25
2.60×
Q3 25
7.21×
Q2 25
2.12×
Q1 25
0.49×
Q4 24
2.30×
Q3 24
1.22×
Q2 24
3.02×
Q1 24
0.60×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PLPC
PLPC

Segment breakdown not available.

WOLF
WOLF

Power Products$118.3M70%
Materials Products$50.2M30%

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