Wolfspeed Income Statement

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

Millions USD. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 29, 2026	Jun '25 Jun 29, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 25, 2023	Jun '22 Jun 26, 2022	Jun '21 Jun 27, 2021
Revenue	712.5	757.6	807.2	758.5	572.1	525.6
Revenue Growth (YoY)	-6.41%	-6.14%	6.42%	32.58%	8.85%	11.66%
Cost of Revenue	933.6	879.2	729.8	515.6	364	361
Gross Profit	-221.1	-121.6	77.4	242.9	208.1	164.6
Selling, General & Admin	140.4	190.5	246.4	214.3	183	181.6
Depreciation & Amortization Expenses	-	-	-	-	2.2	14.5
Research & Development	121.4	175.1	201.9	165.7	142.6	177.8
Other Operating Expenses	209.8	842	74.4	174.7	83.4	104.6
Total Operating Expenses	471.6	1,208	522.7	554.7	411.2	478.5
Operating Income	-1,016	-1,329	-445.3	-311.8	-203.1	-313.9
Interest Expense	-195.6	-315.2	-246.3	-42.6	-	-
Other Non-Operating Income (Expense)	-732.2	-25.5	-119.1	-94.6	38.8	26.3
Total Non-Operating Income (Expense)	-814.6	-340.7	-365.4	-137.2	38.8	26.3
Pretax Income	541.9	-1,619	-572.5	-259.8	-241.9	-340.2
Provision for Income Taxes	-2.3	-9.7	1.1	0.7	8.2	1.1
Net Income	544.2	-1,609	-864.2	-329.9	-200.9	-1,046
Minority Interest in Earnings	-	-	-	-	-	-1.4
Earnings From Discontinued Operations	-	-	-290.6	-69.4	49.2	-181.2
Net Income to Common	544.2	-1,609	-864.2	-329.9	-200.9	-1,046
Shares Outstanding (Basic)	94	44	126	124	120	112
Shares Outstanding (Diluted)	103	44	126	124	120	112
Shares Change (YoY)	-23.49%	-65.34%	1.06%	3.54%	6.92%	4.09%
EPS (Basic)	-10.44	27.85	-4.56	-2.09	-2.08	-3.04
EPS (Diluted)	-10.91	27.85	-4.56	-2.09	-2.08	-3.04
Shares Outstanding	48.34	155.64	126.41	124.79	123.8	115.69
Free Cash Flow	-775	-1,983	-3,000	-1,092	-791	-696
Free Cash Flow Per Share	-7.56	-45.52	-23.86	-8.78	-6.59	-6.20
Gross Margin	-31.03%	-16.05%	9.59%	32.02%	36.37%	31.32%
Operating Margin	-142.55%	-175.45%	-55.17%	-41.11%	-35.50%	-59.72%
Profit Margin	76.38%	-212.41%	-71.06%	-34.34%	-43.72%	-64.94%
FCF Margin	-108.77%	-261.76%	-371.61%	-144.00%	-138.26%	-132.42%
EBITDA	-817.7	-1,077	-264.3	-166.2	-91.6	-193
EBITDA Margin	-114.77%	-142.17%	-32.74%	-21.91%	-16.01%	-36.72%
EBIT	-1,016	-1,329	-445.3	-311.8	-203.1	-313.9
EBIT Margin	-142.55%	-175.45%	-55.17%	-41.11%	-35.50%	-59.72%
Effective Tax Rate	-0.42%	0.60%	-0.19%	-0.27%	-3.39%	-0.32%

Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q