Navitas Semiconductor Corp (NVTS) — Financial statements
Income statement, balance sheet, and cash flow for Navitas Semiconductor Corp — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 46↓44.9% | 83↑4.8% | 79↑109.4% | 38↑59.9% | 24 | |
| Cost of Revenue | 32↓42.4% | 55↑13.6% | 48↑86.2% | 26↑99.2% | 13 | |
| Gross Profit | 14↓49.7% | 28↓8.8% | 31↑160.0% | 12↑11.8% | 11 | |
| Operating Expenses | ||||||
| R&D Expenses | 50↓34.4% | 76↑10.4% | 69↑36.8% | 50↑83.1% | 27 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00↓100.0% | 51 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 33↓47.9% | 63↑2.1% | 62↓21.4% | 78↑52.5% | 51 | |
| Other Expenses | 19↓6.0% | 20↑7.1% | 19↑172.2% | 7↑1903.8% | 0.35 | |
| Operating Expenses | 102↓36.2% | 159↑6.6% | 149↑10.0% | 136↑71.2% | 79 | |
| Total Costs & Expenses | 133↓37.8% | 214↑8.3% | 198↑22.3% | 162↑75.2% | 92 | |
| Operating Results | ||||||
| Operating Income | -87↑33.2% | -131↓10.6% | -118↑4.5% | -124↓80.5% | -69 | |
| Depreciation & Amortization | 22↑2.3% | 22↑4.4% | 21↑167.6% | 8↑938.3% | 0.76 | |
| EBITDA | -94↓40.2% | -67↑31.2% | -97↑16.1% | -116↓70.9% | -68 | |
| EBIT | -116↓30.8% | -89↑24.9% | -118↑4.5% | -124↓80.5% | -69 | |
| Interest & Other Income | ||||||
| Net Interest Income | -0.86↓475.3% | -0.15↓111.4% | 1↓5.3% | 1 | 0.00 | |
| Interest Income | 0.00 | 0.00↓100.0% | 1↓5.3% | 1 | 0.00 | |
| Interest Expense | 0.86↑475.3% | 0.15 | 0.00 | 0.00 | 0.00 | |
| Non-Operating Income | 29↑168.6% | -42 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | -30↓164.8% | 46↑261.4% | -28↓116.3% | 174↑306.5% | -84 | |
| Income Before Tax | -117↓37.6% | -85↑42.0% | -146↓392.5% | 50↑132.8% | -153 | |
| Income Tax Expense | 0.05↑114.6% | -0.34↑33.8% | -0.52↑97.7% | -23↓48636.2% | 0.05 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -117↓38.2% | -85↑42.0% | -146↓300.2% | 73↑147.7% | -153 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -117↓38.2% | -85↑41.8% | -145↓296.8% | 74↑148.4% | -153 | |
| Bottom-Line Net Income | -117↓38.2% | -85↑41.8% | -145↓296.8% | 74↑148.4% | -153 | |
| EPS (Basic) | -0.57↓23.9% | -0.46↑46.5% | -0.86↓253.6% | 0.56↑114.4% | -3.90 | |
| EPS (Diluted) | -0.57↓23.9% | -0.46↑46.5% | -0.86↓268.6% | 0.51↑113.1% | -3.90 | |
| Weighted Average Shares | 206↑11.9% | 184↑8.8% | 169↑26.4% | 134↑241.3% | 39 | |
| Weighted Average Diluted Shares | 206↑11.9% | 184↑8.8% | 169↑15.9% | 146↑272.1% | 39 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.