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NVTS

Navitas Semiconductor Corporation

Stock

$12.40+0.28 (+2.31%)Close Oct 2, 2026

Income statement

LineLast 12 months202520242023202220212020
Revenue$37M$46M$83M$79M$38M$24M$12M
Cost of revenue$23M$32M$55M$48M$26M$13M$8.1M
Gross profit$14M$14M$28M$31M$12M$11M$3.7M
R&D$53M$50M$76M$69M$50M$27M$13M
SG&A$40M$35M$63M$62M$78M$51M$9.5M
Other operating expenses$36M$37M$20M$19M$6.9M$345K—
Operating income−$116M−$108M−$131M−$118M−$124M−$69M−$19M
Non-operating income−$198M−$9.1M$42M−$28M$174M−$84M−$236K
Pretax income−$313M−$117M−$89M−$146M$50M−$153M−$19M
Taxes−$447K$50K−$4.2M−$1.0M−$24M$47K$5K
Net income−$313M−$117M−$85M−$145M$74M−$153M−$19M
Diluted EPS−$1.33−$0.57−$0.46−$0.86$0.51−$3.90−$1.17
Diluted shares—205.6M182.5M168.9M145.7M39.2M16.2M
Revenue growth—−44.9%+4.8%+109.4%+59.9%+100.3%—
Gross margin38.1%31.0%34.0%39.1%31.5%45.0%31.4%
Operating margin−316.9%−234.7%−156.9%−148.7%−325.8%−288.6%−158.7%
Net margin−856.9%−254.7%−101.6%−183.0%194.8%−643.3%−160.7%