Wolfspeed Reports Q3 2026 Earnings with Mixed Financial Results
Wolfspeed (WOLF) reported Q3 2026 earnings with total revenue of $150 million, in line with guidance. The company experienced a negative gross margin of 20.6%, improved from the previous quarter, but was impacted by a €46 million underutilization charge. Wolfspeed ended the quarter with $1.2 billion in cash and short-term investments.
Tickers: $WOLF
Topics: capital expenditures financial results gross margin liquidity revenue