Wolfspeed, Inc. (WOLF)

Wolfspeed Income Statement

Financials in millions USD. Fiscal year is July - June.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 28, 2025	Jun 29, 2025	Jun 30, 2024	Jun 25, 2023	Jun 26, 2022	Jun 27, 2021
Revenue	747.7	757.6	807.2	758.5	572.1	525.6
Revenue Growth (YoY)	-3.72%	-6.14%	6.42%	32.58%	8.85%	11.66%
Cost of Revenue	854.2	782.1	729.8	515.6	364	361
Gross Profit	-106.5	-24.5	77.4	242.9	208.1	164.6
Selling, General & Admin	144.5	190.5	246.4	214.3	190.1	181.6
Research & Development	136.4	175.1	201.9	165.7	135.5	177.8
Amortization of Goodwill & Intangibles	-	-	-	-	2.2	14.5
Other Operating Expenses	50.6	32	19.4	9.1	-	-
Operating Expenses	331.5	397.6	467.7	389.1	327.8	373.9
Operating Income	-438	-422.1	-390.3	-146.2	-119.7	-209.3
Interest Expense	-228.9	-315.2	-246.3	-42.6	-25.1	-45.4
Interest & Investment Income	67.6	67.6	135	58.2	11.3	10.1
Other Non Operating Income (Expenses)	44.6	-0.8	-1.4	-0.3	0.6	0.3
EBT Excluding Unusual Items	-554.7	-670.5	-503	-130.9	-132.9	-244.3
Merger & Restructuring Charges	-245.5	-487.4	-53.8	-160.2	-77.3	-21.8
Impairment of Goodwill	-359.2	-359.2	-	-	-	-
Gain (Loss) on Sale of Investments	22.6	22.6	18.5	-	-	8.7
Gain (Loss) on Sale of Assets	27.3	20	-	-	2.1	-0.9
Asset Writedown	-6.3	-6.3	-1.2	-2	-1.8	-74.6
Legal Settlements	-17	-17	-7.7	50.3	-	-
Other Unusual Items	442.3	-121.1	-25.3	-17	-32	-7.3
Pretax Income	-690.5	-1,619	-572.5	-259.8	-241.9	-340.2
Income Tax Expense	-5.3	-9.7	1.1	0.7	8.2	1.1
Earnings From Continuing Operations	-685.2	-1,609	-573.6	-260.5	-250.1	-341.3
Earnings From Discontinued Operations	-	-	-290.6	-69.4	49.2	-182.6
Net Income to Company	-685.2	-1,609	-864.2	-329.9	-200.9	-523.9
Net Income	-685.2	-1,609	-864.2	-329.9	-200.9	-523.9
Net Income to Common	-685.2	-1,609	-864.2	-329.9	-200.9	-523.9
Shares Outstanding (Basic)	47	1	1	1	1	1
Shares Outstanding (Diluted)	47	1	1	1	1	1
Shares Change (YoY)	4291.70%	12.43%	1.06%	3.54%	6.92%	4.09%
EPS (Basic)	-14.72	-1363.38	-823.21	-317.59	-200.25	-558.34
EPS (Diluted)	-14.72	-1363.38	-823.21	-317.59	-200.25	-558.34
Free Cash Flow	-1,016	-1,983	-3,000	-1,092	-791	-696
Free Cash Flow Per Share	-21.82	-1680.16	-2857.34	-1051.43	-788.44	-741.76
Gross Margin	-14.24%	-3.23%	9.59%	32.02%	36.38%	31.32%
Operating Margin	-58.58%	-55.72%	-48.35%	-19.28%	-20.92%	-39.82%
Profit Margin	-91.64%	-212.41%	-107.06%	-43.49%	-35.12%	-99.68%
Free Cash Flow Margin	-135.91%	-261.76%	-371.61%	-144.00%	-138.26%	-132.42%
EBITDA	-263.2	-216.2	-210.4	-2.3	-10.4	-93.8
EBITDA Margin	-35.20%	-28.54%	-26.06%	-0.30%	-1.82%	-17.85%
D&A For EBITDA	174.8	205.9	179.9	143.9	109.3	115.5
EBIT	-438	-422.1	-390.3	-146.2	-119.7	-209.3
EBIT Margin	-58.58%	-55.72%	-48.35%	-19.28%	-20.92%	-39.82%
Advertising Expenses	-	11.6	13.8	11.5	7.1	5.1

Updated Dec 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q