Filing Flows › Navitas Semiconductor (NVTS) › Q1 2026
Navitas Semiconductor (NVTS) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 5, 2026
Navitas Semiconductor (NVTS) reported revenue of $8.6M for the first quarter 2026 (Q1 2026), -39% from a year earlier and +18% from the quarter before. Operating margin was -322.9%, net loss $33.8M (392.9% of revenue).
Navitas Semiconductor, Q1 2026: revenue $8.6M (-39% year over year), operating margin -322.9%, net loss $33.8M, operating cash flow −$16.4M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $8.6M | +18% | -39% |
| Operating profit | −$27.8M | — | — |
| Net earnings | −$33.8M | — | — |
| Operating cash flow | −$16.4M | — | — |
What changed
Revenue was $8.6M in Q1 2026, down 39% year over year and up 18% from the previous quarter.
Operating costs exceeded revenue by $27.8M, an operating margin of -322.9%. Total costs fell 8% while revenue fell 39%. The fastest-growing cost line was Research & development (+15%). The quarter ended with a net loss of $33.8M, wider than the previous quarter's $31.8M loss.
Operating cash flow was −$16.4M. Non-cash charges added back $5.7M of depreciation and amortization and $10.3M of share-based compensation. Working capital and other items added $1.4M. Capital expenditures of $388K exceeded it, leaving free cash flow of −$16.8M.
Questions
What was Navitas Semiconductor's revenue in the first quarter 2026?
Navitas Semiconductor (NVTS) reported revenue of $8.6M for the first quarter 2026 (Q1 2026), -39% from a year earlier and +18% from the quarter before.
Was Navitas Semiconductor profitable in the first quarter 2026?
Operating loss was $27.8M (-322.9% of revenue) and net loss $33.8M.