Navitas Q1 revenue $8.6M (+18% sequential); new CFO Tonya Stevens appointed

Navitas Semiconductor Corp

2026-Q1 EPS reported -$0.15 vs consensus -$0.05 ▼ miss (-211.9%)

Q1 GAAP gross margin (9.3%) vs (17.2%) prior quarter; non-GAAP gross margin 39.0% (up 30 bps).
GAAP operating loss $27.8M; non-GAAP operating loss $11.7M. Cash $221M vs $236.9M at year-end.
Q2 revenue outlook $10M ± $0.5M (midpoint +16% sequential); non-GAAP gross margin ~39.25%.
High-power markets (AI data centers, grid, industrial) grew ~35% YoY; represent majority of revenue.
Appointed Tonya Stevens as CFO; ex-Broadcom exec Gregory Fischer joined board.

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 0.95

Navitas Semiconductor Corp reported first quarter 2026 ended March 31, 2026 results: revenue $8.6 million.

Period: first quarter 2026 ended March 31, 2026
Revenue: $8.6 million
Result: reported results

Exact text from the filing

Revenue : Total revenue was $8.6 million in the first quarter of 2026

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Navitas Semiconductor Corp filing history →

Source: SEC EDGAR

accession 0001104659-26-055620

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