Navitas Semiconductor Corporation

NASDAQ•NVTS

CEO: Mr. Eugene A. Sheridan

Sector: Technology

Industry: Semiconductors

Listing Date: 2021-10-20

Navitas Semiconductor Corporation designs, develops, and markets gallium nitride power integrated circuits, silicon carbide, associated high-speed silicon system controllers, and digital isolators used in power conversion and charging. The company's products are used in mobile, consumer, data center, solar, electric vehicle, industrial motor drive, smart grid, and transportation applications. It operates in the United States, Europe, China, rest of Asia, and internationally. The company was founded in 2013 and is based in Torrance, California.

Contact Information

3520 Challenger Street, Torrance, CA, 90503-1640, United States

844-654-2642

navitassemi.com

Market Cap

$2.05B

P/E (TTM)

-16.9

48.1

Dividend Yield

52W High

$17.79

52W Low

$1.52

52W Range

45%

Rank51Top 71.3%

3.0

F-Score

Modified Piotroski Analysis

Based on 6-year fundamentals

Weak • 3 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2020-2025

Financial Dashboard

Q4 2025 Data

Revenue

$7.30M+0.00%

4-Quarter Trend

EPS

-$0.14+0.00%

4-Quarter Trend

FCF

-$8.16M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Strong Financing Cash Inflow Cash and equivalents reached $236.9M USD, up 173% from 2024, driven by $200.0M in PIPE and ATM proceeds.

Operating Cash Usage Improved Net cash used in operating activities decreased 27% to $42.9M USD in 2025, reflecting cost control efforts post-pivot.

Navitas 2.0 Restructuring Completed Incurred $18.0M in restructuring and impairment charges during 2025 to focus on high-power AI and grid markets.

Patent Portfolio Cross-License Competitive advantage reinforced by broad patent cross-license agreement with Infineon Technologies AG finalized in October 2024.

Risk Factors

High-Power Market Pivot Risk Increased focus on AI data centers may not yield anticipated results, potentially harming financial condition and operations.

Critical GaN Supplier Exit Sole GaN wafer supplier TSMC ceases production in July 2027, requiring successful transition to new foundry partners.

Continued Net Loss Trend Net loss widened 38% to $117.0M USD in 2025; future capital needs may not be available on acceptable terms.

Distributor Concentration Exposure Reliance on few key distributors; termination of Distributor A in 2024 resulted in $7.5M bad debt expense.

Outlook

Execute High-Power Market Focus Continue Navitas 2.0 strategy, emphasizing AI data centers and grid infrastructure for scalable, profitable growth.

Drive WBG Technology Leadership Continuous innovation in GaN power ICs and high-voltage SiC solutions to capture evolving power demands.

Maintain Financial Discipline Prioritize investments and leverage operating expenses, focusing on high-margin programs to strengthen balance sheet.

Peer Comparison

Revenue (TTM)

VSH

$3.07B

+4.5%

DIOD

$1.48B

+13.0%

SYNA

$1.14B

+13.4%

Gross Margin (Latest Quarter)

QUBT

442.9%

+866.5pp

ASAN

87.8%

-0.3pp

GRND

74.0%

+0.7pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
FORM	$7.19B	132.4	5.4%	3.7%
AAOI	$6.51B	-175.4	-7.5%	14.3%
IPGP	$5.55B	178.3	1.5%	0.0%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

-19.6%

Growth Under Pressure

4Q Net Income CAGR

N/M

Profitability Shift

Cash Flow Stability

Cash Flow Needs Attention

Deep Research

Next earnings:May 4, 2026

EPS:-$0.05

Revenue:$8.18M

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data