Navitas Semiconductor Corp (NVTS) Financial Statements
Industry: Semiconductors & Related Devices
In fiscal 2025, Navitas Semiconductor reported revenue of $45.9M, down 44.9% from $83.3M the year before. Net income was -$117.0M (a -254.7% net margin), or -$0.57 per diluted share. Gross margin was 31.0% and operating margin was -234.7%. Operating activities generated -$42.9M of cash, leaving -$44.4M of free cash flow. At fiscal year end, Navitas Semiconductor held $500.5M in total assets against $56.8M in total liabilities, including $236.9M of cash and equivalents.
Open the full interactive Navitas Semiconductor financials → Quarterly statements, key ratios, valuation history and price charts.
Navitas Semiconductor Key Stats
| Share Price | $10.45 |
|---|---|
| Market Cap | $2.51B |
| Revenue YoY Growth | -44.9% |
| 52-Week Range | $7.14 – $31.79 |
| Shares Outstanding | 240.6 million (basic, 2026 Q2) |
Navitas Semiconductor Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $23.7M | $37.9M | $79.5M | $83.3M | $45.9M |
| Cost of Goods Sold | $13.1M | $26.0M | $48.4M | $55.0M | $31.7M |
| Gross Profit | $10.7M | $11.9M | $31.1M | $28.3M | $14.2M |
| Operating Income | -$68.5M | -$123.6M | -$118.1M | -$130.7M | -$107.8M |
| Pre-Tax Income | -$152.6M | $50.1M | -$146.5M | -$88.8M | -$116.9M |
| Income Tax | $47,000 | -$22.8M | -$517,000 | -$342,000 | $50,000 |
| Net Income | -$152.7M | $73.9M | -$145.4M | -$84.6M | -$117.0M |
| Diluted EPS | -$3.90 | $0.51 | -$0.86 | -$0.46 | -$0.57 |
Navitas Semiconductor Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $10.1M | $7.3M | $8.6M | $10.5M |
| Net Income | -$19.2M | -$31.8M | -$33.8M | -$228.2M |
| Diluted EPS | -$0.09 | -$0.15 | -$0.15 | -$0.95 |
Navitas Semiconductor Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash & Equivalents | $268.3M | $110.3M | $152.8M | $86.7M | $236.9M |
| Current Assets | $291.4M | $142.1M | $208.5M | $120.3M | $259.9M |
| Total Assets | $295.6M | $425.3M | $485.5M | $390.0M | $500.5M |
| Current Liabilities | $10.7M | $20.4M | $50.4M | $21.1M | $52.1M |
| Total Long-Term Debt | $6.9M | — | — | — | — |
| Total Liabilities | $230.1M | $40.5M | $104.9M | $42.0M | $56.8M |
| Shareholders' Equity | $65.5M | $381.1M | $380.6M | $348.0M | $443.7M |
Navitas Semiconductor Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash From Operations | -$41.7M | -$44.5M | -$40.1M | -$58.8M | -$42.9M |
| Cash From Investing | -$3.5M | -$107.6M | -$5.8M | -$9.3M | -$1.4M |
| Cash From Financing | $274.5M | -$5.8M | $88.4M | $3.5M | $194.6M |
| Free Cash Flow | -$43.8M | -$49.1M | -$44.9M | -$65.6M | -$44.4M |
Figures from Navitas Semiconductor's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Navitas Semiconductor financials page for every line item.
Navitas Semiconductor Company Profile
| Ticker | NVTS |
|---|---|
| Exchange | Nasdaq |
| Industry | Semiconductors & Related Devices |
| Headquarters | Torrance, California |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer |
| SEC CIK | 0001821769 |
Frequently Asked Questions
What was Navitas Semiconductor's revenue in fiscal 2025?
Navitas Semiconductor (NVTS) reported revenue of $45.9M for fiscal 2025.
What is Navitas Semiconductor's annual revenue history?
Navitas Semiconductor's annual revenue by fiscal year: 2021: $23.7M; 2022: $37.9M; 2023: $79.5M; 2024: $83.3M; 2025: $45.9M.
What was Navitas Semiconductor's net income in fiscal 2025?
Navitas Semiconductor reported net income of -$117.0M for fiscal 2025.
What was Navitas Semiconductor's earnings per share (EPS) in fiscal 2025?
Navitas Semiconductor's diluted EPS was -$0.57 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Navitas Semiconductor generate in fiscal 2025?
Navitas Semiconductor generated -$44.4M of free cash flow in fiscal 2025.
What was Navitas Semiconductor's revenue last quarter?
In its most recent reported quarter (2026 Q2), Navitas Semiconductor reported revenue of $10.5M.
How many shares of Navitas Semiconductor are outstanding?
Navitas Semiconductor reported a weighted average of 240.6 million basic shares outstanding in 2026 Q2.
What is Navitas Semiconductor's market cap?
Based on its latest closing price, Navitas Semiconductor (NVTS) has a market capitalization of about $2.51B.
When does Navitas Semiconductor's fiscal year end?
Navitas Semiconductor's fiscal year end, as registered with the SEC, is December 31.
Where is Navitas Semiconductor headquartered?
Navitas Semiconductor lists its business address in Torrance, California in its SEC filings.