---
schema_version: "secwatch.filing_event.v1"
accession: "0001821769-24-000012"
form_type: "8-K"
ticker: "NVTS"
cik: "0001821769"
company_name: "Navitas Semiconductor Corp"
filed_at: "2024-02-29T23:59:59+00:00"
generated_at: "2026-06-05T07:16:36.658856+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Navitas Q4 revenue $26.1M (+111% YoY), FY revenue $79.5M (+109% YoY)

## Summary
- Q4 revenue $26.1M, up 111% YoY and 19% sequentially; GAAP gross margin 42.2% (up from 40.6% YoY).
- FY 2023 revenue $79.5M, up 109% from $37.9M; GAAP gross margin improved to 39.1% from 31.5%.
- New wins in AI data centers, home appliances, solar inverters, satellite internet; over 20 data center designs ramping in 2024.
- Q1 2024 guidance: revenue ~$23M (±$500K), gross margin ~41%, opex ~$21.5M (excl. SBC).
- Cash $152.8M at year-end; CEO acknowledges H1 headwinds but expects H2 acceleration.

## SEC filing metadata
- accession: 0001821769-24-000012
- form_type: 8-K
- ticker: NVTS
- cik: 0001821769
- company_name: Navitas Semiconductor Corp
- filed_at: 2024-02-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1821769/000182176924000012/0001821769-24-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1821769/000182176924000012/i-20240229.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001821769-24-000012
- JSON: https://secwatch.observer/filing/0001821769-24-000012.json
- Plain text: https://secwatch.observer/filing/0001821769-24-000012.txt

## Key facts
- Earnings Releases
  Navitas Semiconductor Corp reported financial results for the fiscal year and quarterly period ended December 31, 2023.
  - Period: the fiscal year and quarterly period ended December 31, 2023
  - Result: reported results
  source text: On February 29, 2024, Navitas Semiconductor Corporation issued a press release announcing its unaudited consolidated financial results for the fiscal year and quarterly period ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1821769/000182176924000012/0001821769-24-000012-index.htm

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