Wolfspeed Reports Q4 GAAP Loss of $2.81 per Share with Revenue Decline
Wolfspeed, Inc. (NYSE: WOLF) reported a fourth-quarter loss of -$2.81 per share under GAAP accounting and revenue of $149.6 million for the period, representing a 24.1% year-over-year decline. The company ended with $1.1 billion in cash, cash equivalents, and short-term investments as of June 28, 2026, indicating strong liquidity despite its earnings loss. Wolfspeed provided an outlook for the next period, forecasting revenue between $140 million and $160 million. The results highlight ongoing financial challenges in a competitive market but also underscore the company's ability to maintain substantial cash reserves.
Tickers: $WOLF
Topics: financials loss revenue