---
schema_version: "secwatch.filing_event.v1"
accession: "0001821769-22-000032"
form_type: "8-K"
ticker: "NVTS"
cik: "0001821769"
company_name: "Navitas Semiconductor Corp"
filed_at: "2022-11-09T23:59:59+00:00"
generated_at: "2026-06-22T01:51:07.733729+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Navitas Q3 revenue $10.2M +82% YoY; GAAP gross margin 3.8%; guides Q4 rev $11-13M

## Summary
- GAAP loss from ops $37.4M vs $6.8M loss YoY; non-GAAP loss $0.07 / share.
- Signed long-term SiC supplier agreements enabling 5x capacity increase in 2023.
- Shipped 65M GaN units with zero reported field failures; Gen 4 GaN adoption quick.
- Q4 net revenue guidance $11-13M; gross margin ~40%; non-GAAP op ex ~$17.5M.
- 22 new SiC customer projects with automakers BYD, Geely, GM, Land Rover Jaguar.

## SEC filing metadata
- accession: 0001821769-22-000032
- form_type: 8-K
- ticker: NVTS
- cik: 0001821769
- company_name: Navitas Semiconductor Corp
- filed_at: 2022-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1821769/000182176922000032/0001821769-22-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1821769/000182176922000032/i-20221109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001821769-22-000032
- JSON: https://secwatch.observer/filing/0001821769-22-000032.json
- Plain text: https://secwatch.observer/filing/0001821769-22-000032.txt

## Key facts
- Earnings Releases
  Navitas Semiconductor Corp reported the third quarter ended September 30, 2022 results: revenue $10.2 million, net income GAAP loss per diluted share was $0.24, EPS $0.24.
  - Period: the third quarter ended September 30, 2022
  - Revenue: $10.2 million
  - Net income: GAAP loss per diluted share was $0.24
  - EPS: $0.24
  - Result: reported results
  source text: in next-generation power semiconductors, today announced unaudited financial results for the third quarter ended September 30, 2022. Net revenues for the quarter increased to $10.2 million, up 82% from the third quarter of 2021, and up 19% from the prior quarter. GAAP gross margin was 3.8%, due primarily to inventory adjustments, compared to 46.2% in the third
  evidence_url: https://www.sec.gov/Archives/edgar/data/1821769/000182176922000032/0001821769-22-000032-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.