Wolfspeed Posts 2% Revenue Drop in Q4

Wolfspeed (NYSE:WOLF), a leading semiconductor manufacturer specializing in silicon carbide power devices, released its earnings for the fourth quarter of fiscal 2025 on August 25, 2025. The most notable news was the company’s confirmation of ongoing bankruptcy proceedings, paired with continuing financial challenges. For the quarter, revenue was $197.0 million, This represented a decline of 1.8% compared to the fourth quarter of fiscal 2024. Non-GAAP earnings per share was ($0.77). This compares to ($0.89) in the fourth quarter of fiscal 2024. Key metrics, including gross margin and operating losses, remained negative, highlighting ongoing operational struggles. The quarter underscored a difficult period marked by heavy losses, cost reductions, and transition-related expenses, as actual outcomes fell short of prior internal targets and market expectations.Wolfspeed specializes in producing silicon carbide (SiC) and gallium nitride (GaN) semiconductor materials and devices. These advanced materials power high-efficiency products used in electric vehicles, renewable energy, and other demanding power applications. The company’s operations span manufacturing advanced wafers and devices at multiple production facilities, including its Mohawk Valley Fab, a new plant that focuses on large-format 200mm silicon carbide technology.In recent years, Wolfspeed has concentrated on growing its core SiC and GaN product offerings, expanding manufacturing capacity, and narrowing its focus by divesting non-core product lines such as its radio frequency (RF) division. Key to its strategy is ramping up production at its Mohawk Valley plant while securing federal and state incentives for ongoing capital investments. Success factors include manufacturing yield improvements, scaling SiC capacity, and maintaining supply chain resilience to serve rapidly growing markets such as electric vehicles.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool