earnings
confidence high
sentiment neutral
materiality 0.85
Wolfspeed Q2 revenue $168M, net loss $151M; AI datacenter up 50% QoQ
WOLFSPEED, INC.
2026-Q2 EPS reported
-$5.78
revenue$168,500,000
- Revenue $168M (Mohawk Valley Fab $76M); GAAP gross margin (46)%, non-GAAP (34)%.
- Adjusted EBITDA ($82)M; net loss $151M inclusive of $1.1B fresh-start gain.
- Received ~$700M in Section 48D tax refunds; retired $175M of debt.
- Q3 FY2026 revenue guidance $140-160M; operating expenses flat to slightly down.
- AI datacenter revenue grew ~50% sequentially; key wins with Toyota and Hopewind.