secwatch.observer — SEC 8-K summary
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Issuer:     WOLFSPEED, INC. (WOLF)
CIK:        0000895419
Form:       8-K
Filed at:   2026-08-19T20:40:15+00:00
Accession:  0000895419-26-000049
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wolfspeed Q4 FY26: revenue $150M, GAAP net loss $145M, negative gross margins
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- Revenue ~$150M, aligned with guidance midpoint; GAAP net loss $145M; adjusted EBITDA (non-GAAP) ($62)M.
- GAAP gross margin (25)%, non-GAAP (20)%; operating cash flow ($54)M; cash and short-term investments $1.1B.
- AI data center revenue more than doubled YoY in FY26, up ~20% sequentially in Q4; launched 5th-gen SiC MOSFET.
- Q1 FY27 guidance: revenue $140-160M, non-GAAP gross margin negative, non-GAAP opex $62-66M.
- Holders of $46M convertible notes voluntarily converted debt to equity during Q4, improving capital structure.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/895419/000089541926000049/0000895419-26-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/895419/000089541926000049/wolf-20260819.htm
  HTML page:      https://secwatch.observer/filing/0000895419-26-000049

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