Wolfspeed Q3 FY26: rev $150M, GAAP net loss $120M, adj EBITDA -$62M

WOLFSPEED, INC.

2026-Q3 EPS reported -$8.27 revenue$318,700,000

Revenue ~$150M in line with guidance; GAAP gross margin -27%, non-GAAP -21%.
GAAP net loss $120M; adjusted EBITDA -$62M; operating cash flow -$84M.
Refinanced ~$476M first-lien debt, reducing total debt by $97M and annual interest by ~$62M.
Cash and short-term investments $1.2B as of March 29, 2026.
Q4 FY26 revenue guidance $140-160M; gross margins expected to remain negative.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

WOLFSPEED, INC. reported third quarter of fiscal 2026 results: revenue approximately $150 million, net income GAAP net loss of $120 million.

Period: third quarter of fiscal 2026
Revenue: approximately $150 million
Net income: GAAP net loss of $120 million
Result: reported results

Exact text from the filing

potential of the site. • CFIUS clearance and equity issuance to Renesas completes Chapter 11 procedures. Quarterly Financial Highlights • Consolidated revenue of approximately $150 million, aligned with midpoint of guidance range. • GAAP gross margin of (27)% and Non-GAAP gross margin of (21)%. • GAAP net loss of $120 million and adjusted EBITDA of ($62) million. •

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Source: SEC EDGAR

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