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Navitas Semiconductor (NVTS) Q3 2026 earnings results (third quarter 2026)

10-Q filed Nov 3, 2026

Navitas Semiconductor (NVTS) reported revenue of $14.0M for the third quarter 2026 (Q3 2026), +38% from a year earlier and +33% from the quarter before. Operating margin was -245.7%, net loss $37.1M (265.2% of revenue).

Revenue$14.0M
Year over year+38%
Quarter over quarter+33%
Operating margin-245.7%
Net earnings−$37.1M

Navitas Semiconductor, Q3 2026: revenue $14.0M (+38% year over year), operating margin -245.7%, net loss $37.1M, operating cash flow −$18.6M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$14.0M+33%+38%
Operating profit−$34.4M——
Net earnings−$37.1M——
Operating cash flow−$18.6M——

What changed

Revenue was $14.0M in Q3 2026, up 38% year over year and up 33% from the previous quarter.

Operating costs exceeded revenue by $34.4M, an operating margin of -245.7%. Total costs grew 64% against revenue growth of 38%. The fastest-growing cost line was SG&A (+252%). The quarter ended with a net loss of $37.1M, narrower than the previous quarter's $228.2M loss.

Operating cash flow was −$18.6M. Non-cash charges added back $3.9M of depreciation and amortization and $9.0M of share-based compensation. Working capital and other items added $5.6M. Capital expenditures of $738K exceeded it, leaving free cash flow of −$19.3M.

Questions

What was Navitas Semiconductor's revenue in the third quarter 2026?

Navitas Semiconductor (NVTS) reported revenue of $14.0M for the third quarter 2026 (Q3 2026), +38% from a year earlier and +33% from the quarter before.

Was Navitas Semiconductor profitable in the third quarter 2026?

Operating loss was $34.4M (-245.7% of revenue) and net loss $37.1M.

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Source: Navitas Semiconductor 10-Q on SEC EDGAR.