earnings
confidence high
sentiment negative
materiality 0.85
Navitas Q3 revenue plunges 53% YoY to $10.1M; guides Q4 to ~$7.0M amid pivot
Navitas Semiconductor Corp
2025-Q3 EPS
reported -$0.43
vs consensus -$0.05
▼ miss
(-753.2%)
- Q3 revenue $10.1M, down 53% YoY from $21.7M and 30% sequentially from $14.5M.
- GAAP operating loss of $19.4M; non-GAAP operating loss $11.5M.
- Strategic pivot: deprioritizing low-power China mobile/consumer, refocusing on AI data center and high-power markets.
- Q4 revenue guidance ~$7.0M (+/- $0.25M), non-GAAP gross margin 38.5%, opex ~$15.0M.
- Recognized as NVIDIA partner for 800V DC AI factory; sampling 2.3kV/3.3kV SiC modules.