Wolfspeed reports $150 million in Q4 2026 revenue

Wolfspeed has announced its Q4 2026 financial results, reporting consolidated revenue of approximately $150 million, which aligned with the midpoint of its guidance. The company reported a GAAP net loss of $145 million and a non-GAAP adjusted EBITDA loss of $62 million. As of June 28, 2026, Wolfspeed held $1.1 billion in cash, cash equivalents, and short-term investments.

Key business developments included significant growth in AI data center applications, with revenue in that sector more than doubling year-over-year for fiscal 2026 and increasing approximately 20 percent sequentially in Q4. The company also launched its fifth-generation SiC MOSFET and signed a Memorandum of Understanding with GE Aerospace.

Looking ahead to the first quarter of fiscal 2027, Wolfspeed expects revenue between $140 million and $160 million. The company anticipates that non-GAAP gross margins will remain negative, with non-GAAP operating expenses projected between $62 million and $66 million.