Filing Flows › Wolfspeed (WOLF) › Q3 FY26 › vs Q2 FY26
Wolfspeed (WOLF) Q3 FY26 vs Q2 FY26 (quarter over quarter)
Wolfspeed's revenue fell $18.3M (-11%) from $168M in Q2 FY26 to $150M in Q3 FY26. The biggest changes: Power Products −$18.2M (-15%); Materials Products −$100K (-0.2%).
Wolfspeed, Q3 FY26: revenue $150M (-19% year over year), operating margin -76.1%, net loss $120M, operating cash flow −$83.8M. The chart draws each line against Q2 FY26, the increases inside each band.
Every line
| Line | Q3 FY26 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Power Products | $100M | $118M | −$18.2M | -15% |
| Materials Products | $50.1M | $50.2M | −$100K | -0.2% |
| Revenue | $150M | $168M | −$18.3M | -11% |
| Income tax benefit | $300K | −$1.2M | $1.5M | — |
| Net loss | $120M | $151M | −$30.7M | -20% |
| Costs & expenses | $270M | $328M | −$57.7M | -18% |
| Operating costs | $264M | $327M | −$62.4M | -19% |
| Interest & other, net | $5.9M | −$9.0M | $14.9M | — |
| Cost of revenue | $190M | $247M | −$56.6M | -23% |
| Research & development | $27.2M | $24.9M | $2.3M | +9% |
| SG&A | $37.0M | $29.4M | $7.6M | +26% |
| Other operating costs | $10.1M | $25.8M | −$15.7M | -61% |
| Operating cash sources | $125M | $87.6M | $37.4M | +43% |
| Depreciation & amortization | $30.9M | $37.4M | −$6.5M | -17% |
| Share-based compensation | $10.3M | $7.6M | $2.7M | +36% |
| Cash used in operations | $83.8M | $42.6M | $41.2M | +97% |
| Net loss absorbed | $120M | $151M | −$30.7M | -20% |
| Working capital & other | $5.1M | −$63.0M | $68.1M | — |
Questions
How much did Wolfspeed's revenue grow quarter over quarter in Q3 FY26?
Wolfspeed's revenue fell $18.3M (-11%) from $168M in Q2 FY26 to $150M in Q3 FY26.
What drove Wolfspeed's revenue change in Q3 FY26?
Power Products −$18.2M (-15%); Materials Products −$100K (-0.2%).