---
schema_version: "secwatch.filing_event.v1"
accession: "0000895419-23-000053"
form_type: "8-K"
ticker: "WOLF"
cik: "0000895419"
company_name: "WOLFSPEED, INC."
filed_at: "2023-08-16T23:59:59+00:00"
generated_at: "2026-06-11T09:03:30.545160+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Wolfspeed Q4 FY2023: revenue $235.8M, GAAP EPS loss $0.91, design-ins $1.6B

## Summary
- Revenue of $235.8M, up 3% YoY from $228.5M; full-year revenue $921.9M (+24% YoY).
- GAAP gross margin fell to 27.4% from 34.5%; non-GAAP gross margin 29.0% from 36.5%.
- GAAP net loss from continuing ops $113.3M ($0.91 per share) vs $61.8M loss a year ago.
- Non-GAAP net loss $52.8M (-$0.42 per share) vs $26.0M loss a year ago.
- Full fiscal year design-ins totaled $8.3B; quarterly design-ins $1.6B.

## SEC filing metadata
- accession: 0000895419-23-000053
- form_type: 8-K
- ticker: WOLF
- cik: 0000895419
- company_name: WOLFSPEED, INC.
- filed_at: 2023-08-16T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/895419/000089541923000053/0000895419-23-000053-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/895419/000089541923000053/wolf-20230816.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000895419-23-000053
- JSON: https://secwatch.observer/filing/0000895419-23-000053.json
- Plain text: https://secwatch.observer/filing/0000895419-23-000053.txt

## Key facts
- Earnings Releases
  WOLFSPEED, INC. reported the full 2023 fiscal year results: revenue $921.9 million, net income GAAP net loss from continuing operations of $329.9 million, or $2.65 per diluted share, EPS $2.65 per diluted share.
  - Period: the full 2023 fiscal year
  - Revenue: $921.9 million
  - Net income: GAAP net loss from continuing operations of $329.9 million, or $2.65 per diluted share
  - EPS: $2.65 per diluted share
  - Result: reported results
  source text: Revenue of $921.9 million, compared to $746.2 million • GAAP gross margin of 30.3%, compared to 33.4% • Non-GAAP gross margin of 32.6%, compared to 35.6% • GAAP net loss from continuing operations of $329.9 million, or $2.65 per diluted share, compared to $295.1 million, or $2.46 per diluted share • Non-GAAP net loss from continuing operations of $180.7 million, or $1.45 per diluted share, compared to $115.4 million*, or $0.96* per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/895419/000089541923000053/0000895419-23-000053-index.htm
- Earnings Releases
  WOLFSPEED, INC. reported the fiscal fourth quarter ended June 25, 2023 results: revenue $235.8 million, net income GAAP net loss from continuing operations of $113.3 million, or $0.91 per diluted share, EPS $0.91 per diluted share.
  - Period: the fiscal fourth quarter ended June 25, 2023
  - Revenue: $235.8 million
  - Net income: GAAP net loss from continuing operations of $113.3 million, or $0.91 per diluted share
  - EPS: $0.91 per diluted share
  - Result: reported results
  source text: Revenue of $235.8 million, compared to $228.5 million • GAAP gross margin of 27.4%, compared to 34.5% • Non-GAAP gross margin of 29.0%, compared to 36.5% • GAAP net loss from continuing operations of $113.3 million, or $0.91 per diluted share, compared to $61.8 million, or $0.50 per diluted share • Non-GAAP net loss from continuing operations of $52.8 million, or $0.42 per diluted share, compared to $26.0 million*, or $0.21* per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/895419/000089541923000053/0000895419-23-000053-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.