secwatch.observer — SEC 8-K summary
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Issuer:     WOLFSPEED, INC. (WOLF)
CIK:        0000895419
Form:       8-K
Filed at:   2026-05-05T23:59:59+00:00
Accession:  0000895419-26-000024
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/895419/000089541926000024/0000895419-26-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/895419/000089541926000024/wolf-20260505.htm
  HTML page:      https://secwatch.observer/filing/0000895419-26-000024

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer