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Wolfspeed, Inc.(WOLF)Earnings, Financials & Key Ratios
WOLF•NYSE
$36.00
Price updated Jul 7, 2026
AboutWolfspeed, Inc. provides silicon carbide and gallium nitride (GaN) materials, power devices, and radio frequency (RF) devices based on wide bandgap semiconductor materials and silicon. The company's silicon carbide and GaN materials comprise silicon carbide bare wafers, epitaxial wafers, and GaN epitaxial layers on silicon carbide wafers. It offers silicon carbide materials for customers to manufacture products for RF, power, and other applications. The company's power devices include silicon carbide Schottky diodes, metal oxide semiconductor field effect transistors (MOSFETs), power modules, and gate driver boards for customers and distributors to use in applications, such as electric vehicles comprising charging infrastructure, server power supplies, solar inverters, uninterruptible power supplies, industrial power supplies, and other applications. Its RF devices comprise GaN-based die, high-electron mobility transistors, monolithic microwave integrated circuits, and laterally diffused MOSFET power transistors for telecommunications infrastructure, military, and other commercial applications. The company's products are also used in transportation, fast charging, wireless systems, 5G, motor drives, renewable energy and storage, and aerospace and defense applications; and materials products and RF devices are used in military communications, radar, satellite, and telecommunication applications. It serves customers in North America, Asia, and Europe. The company was formerly known as Cree, Inc. and changed its name to Wolfspeed, Inc. in October 2021. Wolfspeed, Inc. was founded in 1987 and is headquartered in Durham, North Carolina.Show more
- Revenue$758M-6.1%
- EBITDA-$1.08B-307.5%
- Net Income-$1.61B-86.2%
- EPS (Diluted)-34.17-65.6%
- Gross Margin-16.05%-267.4%
- EBITDA Margin-142.17%-334.2%
- Operating Margin-175.45%-218.0%
- Net Margin-212.41%-98.4%
- ROE-739.86%-971.9%
WOLF Price & Volume
Wolfspeed, Inc. (WOLF) stock price & volume — 10-year historical chart
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Persistent Operational Losses Challenge Silicon Carbide Scaling
Investment Thesis • Updated 2026Q3
VerdictNegative
Growth:Contracting
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:200mm yield ramp failure
Key Thesis Takeaways
- Wolfspeed faces a precarious transition as it attempts to scale 200mm wafer production amidst a 19.0% year-over-year revenue contraction.
- The company's heavy reliance on capital-intensive infrastructure, evidenced by massive historical CapEx, continues to erode shareholder equity and drive significant negative operating margins.
- Investors should monitor the firm's ability to stabilize its cash burn and improve utilization rates before considering a constructive outlook on its long-term competitive positioning.
Verdict Logic
the company's operating margin of -69.4% and persistent negative free cash flow suggest significant execution risks that outweigh the potential benefits of its 200mm wafer transition.
WOLF Growth Metrics
Wolfspeed, Inc. (WOLF) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-7.54%
5 Years9.99%
3 Years9.81%
TTM-6.41%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-42.03%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-6426.67%
Return on Capital
10 Years-7.12%
5 Years-12.84%
3 Years-16.94%
Last Year-37.53%
WOLF Recent Earnings
Wolfspeed, Inc. (WOLF) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 8/12 qtrs (67%)●Beat Revenue 6/12 qtrs (50%)
Q2 2026Latest
May 5, 2026Metric
Actual
Est
EPS
$3.26+13.8%
$3.78
Rev
$150M+0.1%
$150M
Q1 2026
Feb 4, 2026Metric
Actual
Est
EPS
$6.11-893.5%
$0.61
Rev
$169M-0.9%
$170M
Q4 2025
Oct 29, 2025Metric
Actual
Est
EPS
$0.55+22.9%
$0.71
Rev
$197M+0.7%
$195M
Q3 2025
Aug 25, 2025Metric
Actual
Est
EPS
$0.77-6.9%
$0.72
Rev
$197M+0.8%
$195M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 5, 2026 | $3.26vs $3.78+13.8% | $150Mvs $150M+0.1% |
| Q1 2026 | Feb 4, 2026 | $6.11vs $0.61-893.5% | $169Mvs $170M-0.9% |
| Q4 2025 | Oct 29, 2025 | $0.55vs $0.71+22.9% | $197Mvs $195M+0.7% |
| Q3 2025 | Aug 25, 2025 | $0.77vs $0.72-6.9% | $197Mvs $195M+0.8% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Wolfspeed, Inc. (WOLF)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $36.00 | $1.62B | -1.05 | -6.14% | -212.41% | -739.86% | — | |
| $91.10 | $35.7B | 314.14 | -15.35% | 9.46% | 7.43% | — | |
| $70.72 | $62.86B | 392.89 | -10.8% | 1.17% | 0.79% | — | |
| $66.94 | $2.11B | -514.92 | -10.95% | -25.23% | -8.87% | — | |
| $1272.81 | $62.53B | 99.83 | 26.43% | 22.84% | 19.05% | — | |
| $65.93 | $9.92B | 21.41 | -2.18% | 8.93% | 6.3% | — |
Compare WOLF vs Peers
Wolfspeed, Inc. (WOLF) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
WOLF SEC Filings & Documents
Wolfspeed, Inc. (WOLF) SEC filings — annual & quarterly reports (10-K, 10-Q)
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WOLF Frequently Asked Questions
Wolfspeed, Inc. (WOLF) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Wolfspeed, Inc.'s revenue?
Wolfspeed, Inc. (WOLF) reported $712.5M in revenue for fiscal year 2025. This represents a 4091% increase from $17.0M in 1996.
How fast is Wolfspeed, Inc. growing?
Wolfspeed, Inc. (WOLF) saw revenue decline by 6.1% over the past year.
Is WOLF profitable?
Wolfspeed, Inc. (WOLF) reported a net loss of $1.58B for fiscal year 2025.
Dividend & Returns
What is WOLF's return on equity?
Wolfspeed, Inc. (WOLF) has a return on equity (ROE) of -739.9%. Negative ROE indicates the company is unprofitable.
What is Wolfspeed, Inc.'s free cash flow?
Wolfspeed, Inc. (WOLF) had negative free cash flow of $750.3M in fiscal year 2025, likely due to heavy capital investments.