Wolfspeed, Inc. financials
Key figures from Wolfspeed, Inc.'s filings with the U.S. Securities and Exchange Commission: the latest quarter against a year earlier, and the trend across recent quarters and fiscal years.
Latest quarter vs a year earlier
| Metric | Mar 2026 | Mar 2025 | Change |
|---|---|---|---|
| Revenue | $150M | $185M | -19.0% |
| Net income | -$120M | -$286M | +58.0% |
| Free cash flow | -$122M | -$363M | +66.5% |
| Gross margin | -26.6% | -12.1% | -14.5 pts |
| Operating margin | -76.1% | -104.9% | +28.8 pts |
| Net margin | -79.8% | -154.0% | +74.2 pts |
Quarterly trend
Fiscal years
| Fiscal year | Revenue | Net income | Net margin | Free cash flow | EPS (diluted) |
|---|---|---|---|---|---|
| FY Jun 2025 | $758M | -$1.6B | -212.4% | -$2.0B | -$11.39 |
| FY Jun 2024 | $807M | -$864M | -107.1% | -$3.0B | -$6.88 |
| FY Jun 2023 | $759M | -$330M | -43.5% | -$1.1B | -$2.65 |
| FY Jun 2022 | $572M | -$201M | -35.1% | -$791M | -$1.67 |
| FY Jun 2021 | $526M | -$524M | -99.7% | -$696M | -$4.66 |
* Fiscal fourth quarter computed from the annual filing minus the three reported quarters. All figures from company filings with the SEC.