Earnings summaries and quarterly performance for WOLFSPEED.
Executive leadership at WOLFSPEED.
Board of directors at WOLFSPEED.
Research analysts who have asked questions during WOLFSPEED earnings calls.
BL
Brian Lee
Goldman Sachs Group, Inc.
2 questions for WOLF
Also covers: ARRY, AYI, CCJ +19 more
CR
Colin Rusch
Oppenheimer & Co. Inc.
2 questions for WOLF
Also covers: AEVA, ALB, AMPX +24 more
George Gianarikas
Canaccord Genuity
2 questions for WOLF
Also covers: AEVA, AIRJ, AMRC +21 more
HK
Harsh Kumar
Piper Sandler & Co.
2 questions for WOLF
Also covers: ADI, AMD, AVGO +10 more
JD
Jonathan Dorsheimer
William Blair & Company, L.L.C.
2 questions for WOLF
Also covers: ACLS, AEHR, ENVX +1 more
JC
Joseph Cardoso
JPMorgan Chase & Co.
2 questions for WOLF
Also covers: AXON, CALX, CIEN +9 more
JB
Joshua Buchalter
TD Cowen
2 questions for WOLF
Also covers: ADI, AIP, ALGM +15 more
SC
Samik Chatterjee
JPMorgan Chase & Co.
2 questions for WOLF
Also covers: AAPL, ANET, APH +32 more
Christopher Rolland
Susquehanna Financial Group
1 question for WOLF
Also covers: ADI, AMBA, AVGO +18 more
CI
Craig Irwin
ROTH Capital Partners
1 question for WOLF
Also covers: AMRC, ANDE, ASYS +25 more
JE
Jack Egan
Charter Equity Research
1 question for WOLF
Also covers: ACLS, COHR, MPWR +1 more
JD
Jed Dorsheimer
William Blair & Company, L.L.C.
1 question for WOLF
Also covers: ACLS, AEHR, BWXT +2 more
JM
Joseph Moore
Morgan Stanley
1 question for WOLF
Also covers: ADI, AEVA, ALAB +22 more
L
Lanny
TD Cowen
1 question for WOLF
Recent press releases and 8-K filings for WOLF.
Wolfspeed to Power Toyota's Electric Vehicle Platforms
WOLF
Product Launch
New Projects/Investments
- Wolfspeed Inc. announced that its automotive MOSFETs will be integrated into Toyota's Battery Electric Vehicles (BEV) to power onboard charger systems.
- This collaboration highlights Wolfspeed's leadership in silicon carbide power solutions and supports Toyota's global electrification strategy.
- Wolfspeed's silicon carbide components are expected to enhance efficiency and performance in BEVs, leading to shorter charging times, improved driving range, and reduced energy costs.
- The partnership leverages Wolfspeed's U.S.-based supply chain and domestic silicon carbide manufacturing, ensuring supply stability and continuity for Toyota.
Dec 9, 2025, 2:00 PM
Wolfspeed Secures IRS Tax Refund, Plans Debt Repayment and Expansion
WOLF
Debt Issuance
New Projects/Investments
- Wolfspeed received approximately $698.6 million in cash tax refunds from the IRS under the Advanced Manufacturing Investment Credit, boosting its cash balance to about $1.5 billion.
- The company intends to use $192.2 million of the refund to retire approximately $175 million of outstanding debt.
- The remaining funds will be allocated for general corporate purposes and to support the expansion of its 200mm silicon carbide manufacturing capabilities.
- This cash infusion enhances Wolfspeed's financial agility and liquidity, despite the company experiencing a negative revenue growth rate of -5.57% over the past year.
- Wolfspeed is strategically focusing on diversifying its revenue streams into growing sectors such as AI data centers, aerospace and defense, and industrial and energy markets, while continuing to support the electric vehicle industry.
Dec 1, 2025, 1:09 PM
Wolfspeed receives in Section 48D cash tax refunds
WOLF
New Projects/Investments
- Wolfspeed, Inc. announced it received $698.6 million in cash tax refunds from the Internal Revenue Service (IRS) from the Advanced Manufacturing Investment Credit (AMIC) under Section 48D of the Internal Revenue Code.
- This refund represents a significant step in monetizing approximately $1 billion of Section 48D cash tax refunds.
- Following the receipt of these funds, Wolfspeed's cash balance is approximately $1.5 billion, strengthening its liquidity position.
- The company plans to allocate $192.2 million of the refund toward retiring approximately $175 million of outstanding debt, with the remaining funds for general corporate purposes and supporting the ramp of its 200mm silicon carbide manufacturing footprint.
Dec 1, 2025, 1:02 PM
Wolfspeed Implements Reorganization Plan and Fresh Start Accounting
WOLF
Accounting Changes
Debt Issuance
Legal Proceedings
- Wolfspeed, Inc. implemented its prepackaged plan of reorganization on September 29, 2025, and will adopt fresh start accounting, rendering financial statements after this date not comparable to prior periods.
- The reorganization significantly altered the company's capital structure, involving the issuance of new debt instruments, including $1.26 billion in New Senior Secured Notes and approximately $600 million in new second-lien convertible and PIK toggle notes, to settle claims.
- All outstanding shares of Old Common Stock were cancelled, and new common stock was issued, with existing equity holders receiving approximately 1,306,896 shares of New Common Stock.
- The pro forma consolidated balance sheet as of September 28, 2025, reflects a reduction in total assets from $6,551.1 million to $3,838.1 million and a change in total shareholders' equity from a deficit of $(1,080.4) million to $757.2 million.
Nov 13, 2025, 9:37 PM
Wolfspeed reports Q1 2026 results and completes financial restructuring
WOLF
Earnings
Accounting Changes
Demand Weakening
- Wolfspeed completed its financial restructuring in Q1 2026, emerging with an improved balance sheet and a simplified operating model, with a clear priority to accelerate its path to profitability.
- For Q1 2026, revenue was €197 million and the non-GAAP net loss was $0.55 per share. The company ended the quarter with €926 million in cash and short-term investments.
- Wolfspeed expects Q2 2026 revenue to be in the range of $150 million to $190 million, attributing the sequential decline to accelerated customer purchases in Q1 and customer second-sourcing during the bankruptcy process. The company anticipates market weakness may continue through the remainder of fiscal 2026.
- The company will adopt fresh start accounting in Q2 2026, which will result in a new basis of accounting and a reset of financial statements, making prior period comparisons non-comparable.
Oct 29, 2025, 9:00 PM
Wolfspeed Reports Q1 Fiscal 2026 Results and Provides Business Outlook
WOLF
Earnings
Guidance Update
Legal Proceedings
- Wolfspeed reported consolidated revenue of approximately $197 million for the first quarter of fiscal 2026, a slight increase from $195 million in the first quarter of fiscal 2025, while GAAP gross margin was (39)% compared to (19)% in the prior year quarter.
- The company's GAAP loss per share was $(4.12), which included $504 million of Reorganization Items related to its Chapter 11 cases.
- Wolfspeed emerged from Chapter 11 on September 29, 2025, and ended the quarter with $926 million in cash, cash equivalents, and short-term investments.
- For the fiscal second quarter, Wolfspeed expects a sequential decline in revenue, projecting between $150 million and $190 million, primarily due to accelerated customer purchases in Q1 and anticipated ongoing market softness through fiscal 2026.
Oct 29, 2025, 8:24 PM
Wolfspeed Completes Financial Restructuring and Emerges from Chapter 11
WOLF
Legal Proceedings
Board Change
Executive Compensation
- Wolfspeed, Inc. successfully completed its financial restructuring process and emerged from Chapter 11 protection on September 29, 2025.
- As a result of the restructuring, the company reduced its total debt by approximately 70%, extended maturities to 2030, and lowered its annual cash interest expense by roughly 60%.
- Wolfspeed now maintains ample liquidity and plans for self-funded growth by leveraging its vertically-integrated 200mm manufacturing footprint.
- In connection with its emergence, Wolfspeed announced five new director appointments.
- The company also established the 2025 Management Incentive Compensation Plan to attract and retain employees, provide incentives, and align interests with shareholders.
Sep 30, 2025, 1:21 PM
Wolfspeed Confirms Reorganization Plan and Cancels Common Stock
WOLF
Legal Proceedings
Delisting/Listing Issues
- Wolfspeed, Inc. filed for Chapter 11 bankruptcy on June 30, 2025, and its prepackaged reorganization plan was confirmed by the Court on September 8, 2025.
- On September 29, 2025, all previously issued and outstanding shares of Wolfspeed's common stock were cancelled in accordance with the plan.
- Existing common stockholders received a pro rata share of 1,306,903 new shares of Wolfspeed common stock, at an exchange ratio of 0.008352.
- An additional 871,287 shares may be distributed to existing common stockholders if certain regulatory milestones are achieved, potentially increasing the total to 2,178,190 shares at a consolidated exchange ratio of 0.013920.
Sep 29, 2025, 7:26 PM
Wolfspeed Provides Update on Chapter 11 Proceedings and Corporate Conversion
WOLF
Legal Proceedings
Delisting/Listing Issues
- Wolfspeed, Inc. and its wholly owned subsidiary filed voluntary petitions for Chapter 11 bankruptcy on June 30, 2025.
- The Court confirmed the joint prepackaged Chapter 11 plan of reorganization on September 8, 2025.
- Wolfspeed plans to effect a corporate conversion from a North Carolina to a Delaware corporation, expected to be effective on or about September 29, 2025.
- The company cautions that trading in its securities during the Chapter 11 Cases is highly speculative and poses substantial risks, with equity holders potentially experiencing a significant loss on their investment.
Sep 24, 2025, 8:10 PM
Wolfspeed Launches Commercial 200mm Silicon Carbide Wafers
WOLF
Product Launch
New Projects/Investments
- Wolfspeed, Inc. has commercially launched its 200mm silicon carbide (SiC) materials portfolio, marking a significant advancement in power electronics manufacturing.
- This launch represents a substantial scale increase from 150mm wafers, delivering approximately 1.78 times more surface area and enabling up to 54% cost reductions for key components by 2030.
- The 200mm wafers feature improved parametric specifications, allowing device manufacturers to achieve higher MOSFET yields and reduce time-to-market.
- This innovation underscores Wolfspeed's commitment to driving the industry's transition to silicon carbide technology, despite emerging from Chapter 11 bankruptcy restructuring just days prior.
- The launch resulted in volatile market reactions, with shares initially rising 5% post-announcement before plunging 19% during regular market hours.
Sep 10, 2025, 9:10 PM
Quarterly earnings call transcripts for WOLFSPEED.
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