For Q3 FY2026 ended March 29, 2026, Wolfspeed reported revenue of $150.2 million, down 19.0% year-over-year. Net loss was $119.9 million, improving 58.0% from a net loss of $285.5 million in the prior year. Operating loss was $114.3 million, improving 41.2% year-over-year. Diluted EPS was -$3.05, compared to -$1.86 a year ago.
•Revenue fell 19.0% YoY to $150.2 million.
•Net loss improved 58.0% to $119.9 million.
•Operating loss improved 41.2% to $114.3 million.
•Diluted EPS was -$3.05, worsening from -$1.86.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Wolfspeed, Inc., a semiconductor company focuses on silicon carbide and gallium nitride (GaN) technologies globally. The company offers silicon carbide and GaN materials, including silicon carbide bare wafers, epitaxial wafers, and GaN epitaxial layers on silicon carbide wafers to manufacture products for RF, power, and applications
Power devices, such as silicon carbide Schottky diodes, metal oxide semiconductor field effect transistors (MOSFETs), and power modules for customers and distributors to use in applications including electric vehicles comprising charging infrastructure, server power supplies, solar inverters, uninterruptible power supplies, industrial power supplies, and applications. Founded in 1987 and headquartered in Durham, North Carolina, Wolfspeed was formerly known as Cree, Inc. before rebranding in October 2021.
Wolfspeed, Inc. is a semiconductor company that focuses on silicon carbide and gallium nitride (GaN) technologies. The company offers silicon carbide and GaN materials, including silicon carbide bare wafers, epitaxial wafers, and GaN epitaxial layers on silicon carbide wafers. These materials are used to manufacture products for RF, power, and other applications. Wolfspeed also produces power devices such as silicon carbide Schottky diodes, metal oxide semiconductor field effect transistors (MOSFETs), and power modules. These components are sold to customers and distributors for use in electric vehicles (including charging infrastructure), server power supplies, solar inverters, uninterruptible power supplies, and industrial power supplies.
Where is Wolfspeed (WOLF) listed and in which currency?
Wolfspeed, Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol WOLF. The company's stock is traded in US dollars (USD), reflecting its primary listing in the United States. As a US-based company, its financial reporting and market transactions are conducted in USD, making it accessible to investors trading on US exchanges.
What sector and industry does Wolfspeed (WOLF) operate in?
Wolfspeed operates in the Technology sector, specifically within the Semiconductors industry. This means the company is involved in the design, development, and manufacturing of semiconductor materials and devices. Its focus on silicon carbide and gallium nitride technologies places it at the forefront of advanced power and RF semiconductor solutions, serving high-growth markets such as electric vehicles, renewable energy, and industrial power systems.
Where is Wolfspeed (WOLF) headquartered and what is its history?
Wolfspeed is headquartered in Durham, North Carolina, United States. The company was founded in 1987 and was formerly known as Cree, Inc. before rebranding to Wolfspeed in October 2021. The name change reflects its strategic focus on silicon carbide and gallium nitride technologies, which are core to its business. As a US-based company, it primarily serves global markets, including customers in the electric vehicle, solar, and industrial sectors.
How does Wolfspeed (WOLF) make money?
Wolfspeed generates revenue by selling silicon carbide and gallium nitride (GaN) materials and power devices. Its product portfolio includes silicon carbide bare wafers, epitaxial wafers, and GaN epitaxial layers, which are used by customers to manufacture RF and power applications. Additionally, the company sells power devices such as silicon carbide Schottky diodes, MOSFETs, and power modules. These products are distributed to customers and distributors who integrate them into electric vehicle charging infrastructure, server power supplies, solar inverters, uninterruptible power supplies, and industrial power supplies. The company's focus on high-efficiency semiconductor solutions positions it in growing end markets.