The financials
Wolfspeed, Inc. by the numbers
Wolfspeed, Inc. (WOLF) reported revenue of $150M in Q4 2026 (quarter ended June 28, 2026), down 24% from the same quarter a year earlier. That came with a gross margin of −25% and net loss of $145M. For the full year FY2026, revenue was $665M (−12% year on year) and net income −$1.06B. Its largest region in 2026-Q1 was US at $51M, 34% of the disclosed total, just ahead of Europe at 18%.
| Income statement | Q4 2026 | Q4 2025 | Change |
|---|---|---|---|
| Revenue | $150M | $197M | −24% |
| Gross profit | −$37M | −$26M | n/a |
| Operating income | −$115M | −$582M | n/a |
| Net income | −$145M | −$669M | n/a |
| Diluted EPS | −$2.37 | −$4.51 | n/a |
| Geographic | Revenue | Share |
|---|---|---|
| US | $51M | 34% |
| Europe | $27M | 18% |
| HK | $27M | 18% |
| Asia Pacific Excluding China And Hong Kong | $26M | 17% |
| SG | $7.4M | 4.9% |
| JP | $5.7M | 3.8% |
| CN | $4.1M | 2.7% |
| Other Geographic Area | $1.3M | 0.9% |
Business Segments
Revenue split by geographic segment, from SEC XBRL filings.
Latest period: Q1 2026Total $150.2M (-11%)
US grew +33% year on yearCN -81% year on year
Segment Latestquarter on quarteryear on year
- US$51.2M$51.2MQoQ -6.6%year on year +33%-6.6%+33%
- Europe$27.3M$27.3MQoQ +2.6%year on year -20%+2.6%-20%
- HK$27.2M$27.2MQoQ -11%year on year -3.2%-11%-3.2%
- Asia Pacific Excluding China And Hong Kong$26.0M$26.0MQoQ +2.4%year on year +21%+2.4%+21%
- SG$7.4M$7.4MQoQ -34%year on year -65%-34%-65%
- JP$5.7M$5.7MQoQ -17%year on year -71%-17%-71%
- CN$4.1M$4.1MQoQ -58%year on year -81%-58%-81%
- Other Geographic Area$1.3M$1.3MQoQ -59%year on year +30%-59%+30%