Earnings ·
Wolfspeed reported fourth-quarter fiscal 2026 results with consolidated revenue of approximately $150 million and a…
WOLFWolfspeed, Inc.
Wolfspeed reported fourth-quarter fiscal 2026 results with consolidated revenue of approximately $150 million and a GAAP net loss of $145 million. The company highlighted that AI data center revenue more than doubled year-over-year, while launching its fifth-generation SiC MOSFET and appointing Andy Mattes to the Board. Capital structure improvements included the voluntary conversion of $46 million in convertible notes to equity. As of June 28, 2026, Wolfspeed held $1.1 billion in cash, equivalents, and short-term investments. For first-quarter fiscal 2027, revenue guidance is set between $140 million and $160 million with negative non-GAAP gross margins expected. Wolfspeed operates in the semiconductor industry, specializing in silicon carbide technologies for power devices.