Filing Flows › Navitas Semiconductor (NVTS) › Q1 2025
Navitas Semiconductor (NVTS) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 9, 2025
Navitas Semiconductor (NVTS) reported revenue of $14.0M for the first quarter 2025 (Q1 2025), -40% from a year earlier and -22% from the quarter before. Operating margin was -180.5%, net loss $16.8M (120.1% of revenue).
Navitas Semiconductor, Q1 2025: revenue $14.0M (-40% year over year), operating margin -180.5%, net loss $16.8M, operating cash flow −$13.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $14.0M | -22% | -40% |
| Operating profit | −$25.3M | — | — |
| Net earnings | −$16.8M | — | — |
| Operating cash flow | −$13.5M | — | — |
What changed
Revenue was $14.0M in Q1 2025, down 40% year over year and down 22% from the previous quarter.
Operating costs exceeded revenue by $25.3M, an operating margin of -180.5%. Total costs fell 28% while revenue fell 40%. The fastest-growing cost line was Other operating costs (+30%). The quarter ended with a net loss of $16.8M, narrower than the previous quarter's $39.9M loss. Non-operating items added $8.6M, -51% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$13.5M. Non-cash charges added back $5.5M of depreciation and amortization and $7.0M of share-based compensation. Working capital and other items used $9.2M. Capital expenditures of $41K exceeded it, leaving free cash flow of −$13.6M.
Questions
What was Navitas Semiconductor's revenue in the first quarter 2025?
Navitas Semiconductor (NVTS) reported revenue of $14.0M for the first quarter 2025 (Q1 2025), -40% from a year earlier and -22% from the quarter before.
Was Navitas Semiconductor profitable in the first quarter 2025?
Operating loss was $25.3M (-180.5% of revenue) and net loss $16.8M.