In Q1 FY2026, Navitas Semiconductor reported revenue of $8.6M, down 38.7% year-over-year. Operating loss widened to $27.8M, a 9.7% increase from the prior year. Net income for the quarter ended September 30, 2024 was -$18.7M, a 349.1% decline year-over-year. Diluted EPS was -$0.15, compared to -$0.09 a year ago. Cash stood at $221.0M.
•Revenue fell 38.7% YoY to $8.6M.
•Operating loss increased 9.7% to $27.8M.
•Net loss of $18.7M (Sep 2024 quarter) worsened 349.1% YoY.
•Diluted EPS of -$0.15 vs -$0.09 a year ago.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Navitas Semiconductor designs, develops, and markets power semiconductors globally. The company offers gallium nitride power integrated circuits, silicon carbide power devices, silicon system controllers, and digital isolators for power conversion and charging.
Its products are used in automotive, data center, mobile, consumer electronics markets, and various other applications. Founded in 2014, the company is based in Torrance, California.
What does Navitas Semiconductor Corporation (NVTS) do?
Navitas Semiconductor Corporation designs, develops, and markets power semiconductors globally. The company specializes in gallium nitride (GaN) power integrated circuits, silicon carbide (SiC) power devices, silicon system controllers, and digital isolators. These products are used for power conversion and charging applications across multiple markets, including automotive, data center, mobile, and consumer electronics. By focusing on advanced semiconductor technologies, Navitas aims to improve energy efficiency and performance in power systems.
Where is Navitas Semiconductor (NVTS) listed and in which currency?
Navitas Semiconductor Corporation is listed on the Nasdaq Global Market (NasdaqGM) under the ticker symbol NVTS. The trading currency for its shares is the US Dollar (USD). As a US-based company, its stock is traded in the primary currency of the United States, making it accessible to investors through major brokerage platforms that support Nasdaq listings.
What sector and industry does Navitas Semiconductor (NVTS) belong to?
Navitas Semiconductor operates in the Technology sector and is classified within the Semiconductors industry. This means the company is involved in the design and development of semiconductor components, which are essential building blocks for electronic devices. As a semiconductor firm, Navitas focuses on power management solutions, particularly using advanced materials like gallium nitride and silicon carbide to create more efficient and compact power systems.
Where is Navitas Semiconductor headquartered and what markets does it serve?
Navitas Semiconductor is headquartered in Torrance, California, United States. The company serves a global market, with its products used in automotive, data center, mobile, consumer electronics, and various other applications. By operating from a strategic location in California, Navitas leverages the region's technology ecosystem to develop and market its power semiconductors to customers worldwide.