Item 1. Business Wolfspeed, Inc. (Wolfspeed, we, our, or us) is an innovator of wide bandgap semiconductors, focused on silicon carbide materials and devices for power applications. Our product families include power devices and silicon carbide and gallium nitride (GaN) materials. Our products are targeted for various applications such as electric vehicles, fast charging and renewable energy and storage. Our materials products and power devices are used in electric vehicles, motor drives, power supplies, solar and transportation applications. Our materials products are also used in military communications, radar, satellite and telecommunication applications. During and prior to fiscal 2024, we designed, manufactured and sold radio-frequency ("RF") devices. We completed the sale of certain assets comprising our former RF product line (the "RF Business") in the second quarter of fiscal 2024 (the "RF Business Divestiture").
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 551M | - | 807M | 759M | 746M | 526M |
| Net Income | -1.1B | -1.6B | -864M | -330M | -201M | -524M |
| EPS | $-12.05 | $-11.39 | $-6.88 | $-2.65 | $-1.67 | $-4.66 |
| Free Cash Flow | -890M | -2.0B | -3.0B | -1.1B | -799M | -696M |
| ROIC | -96.5% | -20.4% | -21.6% | -11.9% | -8.2% | -17.8% |
| Gross Margin | -23.0% | - | 9.6% | 32.0% | 33.4% | 31.3% |
| Debt/Equity | 2.28 | -0.00 | 3.54 | 0.71 | 0.00 | 0.39 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | -935M | -1.3B | -445M | -312M | -248M | -314M |
| Operating Margin | -169.6% | - | -55.2% | -41.1% | -33.2% | -59.7% |
| ROE | -176.2% | -739.9% | -98.0% | -20.3% | -8.2% | -24.8% |
| Shares Outstanding | 45M | 141M | 126M | 124M | 120M | 112M |
WOLFSPEED, INC. passes 0 of 9 quality checks, indicating weak fundamentals.
The company's 5-year average gross margin is 26.6%.
WOLFSPEED, INC. (WOLF) has a 5-year average return on invested capital (ROIC) of -16.0%. This is below average and may indicate limited pricing power.
WOLFSPEED, INC. (WOLF) has a market capitalization of $1.1B. It is classified as a small-cap stock.
WOLFSPEED, INC. (WOLF) does not currently pay a regular dividend.
WOLFSPEED, INC. (WOLF) operates in the Semiconductors & Related Devices industry, within the Technology sector.
WOLFSPEED, INC. (WOLF) generated $-2.0 billion in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
WOLFSPEED, INC. (WOLF) has a debt-to-equity ratio of 0.00. This indicates a conservatively financed balance sheet.
WOLFSPEED, INC. (WOLF) reported earnings per share (EPS) of $-11.39 in its most recent fiscal year.
WOLFSPEED, INC. (WOLF) has a return on equity (ROE) of -739.9%. A negative ROE may indicate losses or negative equity.
WOLFSPEED, INC. (WOLF) has a 5-year average gross margin of 26.6%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 12 years of financial data for WOLFSPEED, INC. (WOLF), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
WOLFSPEED, INC. (WOLF) has a book value per share of $-3.16, based on its most recent annual SEC filing.