Filing Flows › Wolfspeed (WOLF) › Q1 FY27
Wolfspeed (WOLF) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Nov 5, 2026
Wolfspeed (WOLF) reported revenue of $155M for the first quarter fiscal 2027 (Q1 FY27), -21% from a year earlier and +4% from the quarter before. Operating margin was -72.8%, net loss $144M (92.8% of revenue).
Wolfspeed, Q1 FY27: revenue $155M (-21% year over year), operating margin -72.8%, net loss $144M, operating cash flow −$84.2M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $155M | +4% | -21% |
| Operating profit | −$113M | — | — |
| Net earnings | −$144M | — | — |
| Operating cash flow | −$84.2M | — | -1577% |
What changed
Revenue was $155.0M in Q1 FY27, down 21% year over year and up 4% from the previous quarter. Power Products was the largest line at 75% of revenue. Materials Products lost $26.8M year over year (down 41%), 64% of the total change.
Operating costs exceeded revenue by $112.8M, an operating margin of -72.8%. Total costs fell 25% while revenue fell 21%. The quarter ended with a net loss of $143.8M, narrower than the previous quarter's $145.3M loss.
Operating cash flow was −$84.2M. Non-cash charges added back $29.2M of depreciation and amortization and $10.3M of share-based compensation. Working capital and other items added $20.1M. Capital expenditures of $10.6M exceeded it, leaving free cash flow of −$94.8M.
Questions
What was Wolfspeed's revenue in the first quarter fiscal 2027?
Wolfspeed (WOLF) reported revenue of $155M for the first quarter fiscal 2027 (Q1 FY27), -21% from a year earlier and +4% from the quarter before.
Was Wolfspeed profitable in the first quarter fiscal 2027?
Operating loss was $113M (-72.8% of revenue) and net loss $144M.
Source: Wolfspeed 10-Q on SEC EDGAR.