Navitas Semiconductor reported Q2 2026 revenue of $10.5 million, representing a 22% sequential increase and a shift toward high-power markets like AI infrastructure. The company reported a GAAP net loss of $228.2 million, largely due to a non-cash charge of $203.1 million from earnout liability remeasurement. For Q3 2026, the company guided to mid-point revenue of $13.5 million, which would represent 28% sequential growth. Navitas Semiconductor is a provider of next-generation GaN and SiC power semiconductors for AI data centers and energy infrastructure.
