Wolfspeed, Inc. (NYSE: WOLF) announced financial results for Q4 and full fiscal year 2025.
Key highlights include revenue comparisons, gross margins, and loss per share data.
The company emphasized the importance of emerging stronger from Chapter 11 with a robust financial structure.
Consolidated Revenue
Q4 revenue of $197 million, down from $201 million in Q4 2024.
Gross Margin
GAAP gross margin decreased to (13)% from 1% in Q4 2024.
Loss per Share
GAAP loss per share widened to ($4.30) compared to ($1.39) in Q4 2024.
Full Year Revenue
Full fiscal year revenue approximated $758 million, lower than $807 million in fiscal 2024.
Future Outlook
The company aims to strengthen its industry position, complete Chapter 11 reorganization, and focus on silicon carbide technology leadership.
- Wolfspeed faced revenue decline in Q4 and full fiscal year compared to previous periods.
- The company experienced significant underutilization costs impacting gross margins.
- Loss per share widened in both Q4 and full fiscal year, reflecting financial challenges.
Wolfspeed remains optimistic about its position in the industry and the potential growth through silicon carbide technology advancements.