Wolfspeed, Inc. (WOLF)

Wolfspeed Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	921.9	746.2	525.6	470.7	538.2
Revenue Growth (YoY)	23.55%	41.97%	11.66%	-12.54%	-41.81%
Cost of Revenue	642.4	496.9	361	312.2	294.5
Gross Profit	279.5	249.3	164.6	158.5	243.7
Selling, General & Admin	235.3	203.5	181.6	181.7	168.9
Research & Development	225.4	196.4	177.8	152	121.1
Other Operating Expenses	199.4	97.2	119.1	48.9	47.2
Operating Expenses	660.1	497.1	478.5	382.6	337.2
Operating Income	-380.6	-247.8	-313.9	-224.1	-93.5
Other Expense / Income	-52.1	-55.9	208.9	-24.4	286
Pretax Income	-328.5	-191.9	-522.8	-199.7	-379.5
Income Tax	1.4	9	1.1	-8	-4.4
Net Income	-329.9	-200.9	-523.9	-191.7	-375.1
Shares Outstanding (Basic)	124	120	112	108	104
Shares Outstanding (Diluted)	124	120	112	108	104
Shares Change	3.54%	6.92%	4.09%	4.21%	4.07%
EPS (Basic)	-2.65	-1.67	-4.66	-1.78	-3.62
EPS (Diluted)	-2.65	-1.67	-4.66	-1.78	-3.62
Free Cash Flow	-941.2	-657	-683	-256.3	77.9
Free Cash Flow Per Share	-7.57	-5.47	-6.08	-2.38	0.75
Gross Margin	30.32%	33.41%	31.32%	33.67%	45.28%
Operating Margin	-41.28%	-33.21%	-59.72%	-47.61%	-17.37%
Profit Margin	-35.78%	-26.92%	-99.68%	-40.73%	-69.70%
Free Cash Flow Margin	-102.09%	-88.05%	-129.95%	-54.45%	14.47%
EBITDA	-164.5	-62.1	-401.9	-102.6	-293.3
EBITDA Margin	-17.84%	-8.32%	-76.46%	-21.80%	-54.50%
Depreciation & Amortization	164	129.8	120.9	97.1	86.2
EBIT	-328.5	-191.9	-522.8	-199.7	-379.5
EBIT Margin	-35.63%	-25.72%	-99.47%	-42.43%	-70.51%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).