Wolfspeed/$WOLF

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About Wolfspeed

Wolfspeed Inc is an innovator of wide bandgap semiconductors, focused on silicon carbide materials and devices for power applications. Its product families include silicon carbide materials and power devices. Its products are targeted for various applications in the Automotive domain, including electric vehicles and fast charging, as well as existing and emerging applications in the Industrial & Energy domain such as AI data centers, grid modernization and renewable energy and storage as well as aerospace and defense. The company also use contract manufacturers, some of which include captive lines, for certain products and aspects of product fabrication, assembly and packaging. The company has one reportable segment. Majority of revenue comes from United States followed by Hong Kong.
Ticker
$WOLF
Sector
Semiconductors
Primary listing
NYSE
Employees
2,371

Wolfspeed Metrics

BasicAdvanced
$1.5B
185.62
$0.15
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-

Bulls say / Bears say

AI data-center demand is becoming a meaningful growth vector: Wolfspeed said fiscal 2026 AI data-center revenue more than doubled year over year and grew about 20% sequentially in Q4, while its partnership with LITEON targets qualification of SiC devices for 800 VDC hyperscale data-center platforms. (Wolfspeed)
Wolfspeed is expanding beyond automotive into high-voltage industrial, grid, aerospace, and defense markets. Its June 2026 memorandum with GE Aerospace covers Wolfspeed’s 10 kV SiC MOSFET die and development of standardized high-voltage modules for these applications. (GE Aerospace)
Liquidity improved after the restructuring: Wolfspeed ended fiscal Q4 with approximately $1.1 billion of cash, cash equivalents, and short-term investments, while $46 million of convertible notes were voluntarily converted into equity, reducing debt and future interest expense. (Nasdaq)
Wolfspeed remains deeply unprofitable: fiscal Q4 2026 GAAP gross margin was negative 25%, non-GAAP gross margin was negative 20%, adjusted EBITDA was negative $62 million, and operating cash flow was negative $54 million. (Nasdaq)
Revenue fell to approximately $149.6 million in fiscal Q4 2026 from $197.0 million a year earlier, with materials revenue declining to $43.3 million from $78.4 million. The contraction indicates that Wolfspeed’s emerging growth areas have not yet offset weakness in its legacy materials business. (Nasdaq)
The balance sheet remains leveraged despite restructuring: at June 28, 2026, Wolfspeed reported $931 million of long-term debt and $756.5 million of convertible notes, while management said it was still pursuing additional debt and cost-of-capital reductions. (Nasdaq)
Data summarised monthly by Lightyear AI. Last updated on 8 Sept 2026.
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