Filing Flows › Wolfspeed (WOLF) › Q3 FY26 › vs Q3 FY25
Wolfspeed (WOLF) Q3 FY26 vs Q3 FY25 (year over year)
Wolfspeed's revenue fell $35.2M (-19%) from $185M in Q3 FY25 to $150M in Q3 FY26. The biggest changes: Materials Products −$27.8M (-36%); Power Products −$7.4M (-7%).
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 Q3 FY25, the increases inside each band.
Every line
| Line | Q3 FY26 | Q3 FY25 | Change | % |
|---|---|---|---|---|
| Power Products | $100M | $108M | −$7.4M | -7% |
| Materials Products | $50.1M | $77.9M | −$27.8M | -36% |
| Revenue | $150M | $185M | −$35.2M | -19% |
| Income tax benefit | $300K | −$100K | $400K | — |
| Net loss | $120M | $286M | −$166M | -58% |
| Costs & expenses | $270M | $471M | −$200M | -43% |
| Operating costs | $264M | $380M | −$115M | -30% |
| Interest & other, net | $5.9M | $90.9M | −$85.0M | -94% |
| Cost of revenue | $190M | $208M | −$17.7M | -9% |
| Research & development | $27.2M | $42.2M | −$15.0M | -36% |
| SG&A | $37.0M | $41.1M | −$4.1M | -10% |
| Other operating costs | $10.1M | $88.7M | −$78.6M | -89% |
| Operating cash sources | $125M | $215M | −$89.8M | -42% |
| Depreciation & amortization | $30.9M | $53.9M | −$23.0M | -43% |
| Share-based compensation | $10.3M | $18.8M | −$8.5M | -45% |
| Cash used in operations | $83.8M | $142M | −$58.3M | -41% |
| Net loss absorbed | $120M | $286M | −$166M | -58% |
| Working capital & other | $5.1M | −$70.7M | $75.8M | — |
Questions
How much did Wolfspeed's revenue grow year over year in Q3 FY26?
Wolfspeed's revenue fell $35.2M (-19%) from $185M in Q3 FY25 to $150M in Q3 FY26.
What drove Wolfspeed's revenue change in Q3 FY26?
Materials Products −$27.8M (-36%); Power Products −$7.4M (-7%).