Wolfspeed Inc. (WOLF) — Financial statements
Income statement, balance sheet, and cash flow for Wolfspeed Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 758↓6.1% | 807↑6.4% | 759↑32.6% | 572↑8.8% | 526 | |
| Cost of Revenue | 879↑20.5% | 730↑41.5% | 516↑41.6% | 364↓3.1% | 376 | |
| Gross Profit | -122↓257.1% | 77↓68.1% | 243↑16.7% | 208↑38.6% | 150 | |
| Operating Expenses | ||||||
| R&D Expenses | 175↓13.3% | 202↑21.8% | 166↑16.2% | 143↓19.8% | 178 | |
| General & Administrative Expenses | 246↓0.0% | 246↑15.0% | 214↑17.1% | 183 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 246↓0.0% | 246↑15.0% | 214↑17.1% | 183↑0.8% | 182 | |
| Other Expenses | 786↑956.7% | 74↓57.4% | 175↑104.1% | 86↑2957.1% | 3 | |
| Operating Expenses | 1,208↑131.0% | 523↓5.8% | 555↑34.9% | 411↑13.5% | 362 | |
| Total Costs & Expenses | 2,087↑66.6% | 1,253↑17.0% | 1,070↑38.1% | 775↑5.1% | 738 | |
| Operating Results | ||||||
| Operating Income | -1,329↓198.5% | -445↓42.8% | -312↓53.5% | -203↑4.2% | -212 | |
| Depreciation & Amortization | 252↑39.3% | 181↑24.3% | 146↑30.6% | 112↓7.8% | 121 | |
| EBITDA | -1,052↓624.2% | -145↓102.8% | -72↑32.0% | -105↓15.5% | -91 | |
| EBIT | -1,304↓299.7% | -326↓50.2% | -217↓0.2% | -217↓2.2% | -212 | |
| Interest & Other Income | ||||||
| Net Interest Income | -248↓122.5% | -111↓813.5% | 16↑213.0% | -14↑60.9% | -35 | |
| Interest Income | 68↓49.9% | 135↑132.0% | 58↑415.0% | 11↑11.9% | 10 | |
| Interest Expense | 315↑28.0% | 246↑478.2% | 43↑69.7% | 25↓44.7% | 45 | |
| Non-Operating Income | -26↑78.6% | -119↓25.9% | -95↓790.5% | 14 | 0.00 | |
| Other Income / Expenses | -290↓127.8% | -127↓344.6% | 52↑234.0% | -39↑69.7% | -128 | |
| Income Before Tax | -1,619↓182.8% | -573↓120.4% | -260↓7.4% | -242↑28.9% | -340 | |
| Income Tax Expense | -10↓981.8% | 1↑57.1% | 0.70↓91.5% | 8↑645.5% | 1 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -1,609↓180.5% | -574↓120.2% | -261↓4.2% | -250↑26.7% | -341 | |
| Net Income from Discontinued Operations | 0.00↑100.0% | -291↓318.7% | -69↓241.1% | 49↑127.2% | -181 | |
| Net Income | -1,609↓86.2% | -864↓162.0% | -330↓64.2% | -201↑61.7% | -524 | |
| Bottom-Line Net Income | -1,609↓86.2% | -864↓162.0% | -330↓64.2% | -201↑61.7% | -524 | |
| EPS (Basic) | -34.17↓65.6% | -20.64↓159.6% | -7.95↓58.7% | -5.01↑64.2% | -13.98 | |
| EPS (Diluted) | -34.17↓65.6% | -20.64↓159.6% | -7.95↓58.7% | -5.01↑64.2% | -13.98 | |
| Weighted Average Shares | 47↑12.4% | 42↑1.1% | 42↑3.5% | 40↑6.9% | 38 | |
| Weighted Average Diluted Shares | 47↑12.4% | 42↑1.1% | 42↑3.5% | 40↑6.9% | 38 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.