Wolfspeed Reports 2% Revenue Drop in Q4

Wolfspeed (NYSE:WOLF), a specialist in silicon carbide semiconductors for power and energy applications, released its quarterly earnings on August 25, 2025, reporting results for the fourth quarter of fiscal 2025. The central news was continued financial distress: GAAP revenue declined to $197.0 million from $200.7 million in the fourth quarter of fiscal 2024, while losses, negative cash flow, and margins under pressure persisted. The company recorded a Non-GAAP loss per share of $0.77 for Q4 FY2025, a slight improvement from the previous year’s $0.89 non-GAAP loss per share for Q4 FY2024. Non-GAAP operating loss narrowed to $94.0 million compared to $118.9 million in Q4 FY2024, and free cash flow was less negative at ($454.0 million) for the fourth quarter of fiscal year 2025, but core revenue and margins deteriorated instead of improving. Wolfspeed remains in bankruptcy proceedings, with the future of its reorganization uncertain. Despite incremental improvements in operational segments, overall assessment of the quarter is that the business remains under severe pressure, still far from stabilized, and continues to burn cash at a steep rate.The company develops and produces advanced power semiconductors using silicon carbide and gallium nitride, which enable greater energy efficiency in electric vehicles, solar inverters, and communications infrastructure. Its manufacturing and materials operations are vertically integrated, which means it produces its own raw materials and devices, a setup meant to ensure supply and quality.In recent years, Wolfspeed has focused tightly on silicon carbide device and materials leadership. This included selling its radio frequency (RF) product line and investing heavily in new manufacturing facilities like the Mohawk Valley Fab. Key drivers of future success are scaling its manufacturing efficiently, capturing growth in electric vehicles and renewables, diversifying its customer base, managing cash flow, and executing its operational turnaround through bankruptcy restructuring.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool