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How Wolfspeed (WOLF) makes money

Wolfspeed (WOLF) made $155M of revenue in the first quarter fiscal 2027 (Q1 FY27), -21% from a year earlier. Power Products brought in $117M (75%); Materials Products brought in $38.2M (25%).

Drawing the Sankey…

Wolfspeed revenue by segment, Q1 FY27Wolfspeed revenue by segment, Q1 FY27Power Products$117MMaterials Products$38.2M
Wolfspeed: revenue by line, Q2 FY25 to Q1 FY27Wolfspeed: revenue by line, Q2 FY25 to Q1 FY27Power ProductsMaterials ProductsPower Products: $117M latest$117MMaterials Products: $38.2M latest$38.2MQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q1 FY27
Power Products went from 50% of revenue in Q2 FY25 to 75% in Q1 FY27, the largest shift in the mix.
Wolfspeed revenue by quarterWolfspeed revenue by quarter$180MQ2 FY25$185MQ3 FY25$197MQ4 FY25$197MQ1 FY26$168MQ2 FY26$150MQ3 FY26$155MQ1 FY27
Wolfspeed: where each dollar of revenue goesWolfspeed: where each dollar of revenue goesIncome tax0¢

Revenue by segment, Q1 FY27

SegmentRevenueShareQ/QY/Y
Power Products$117M75.4%—-11%
Materials Products$38.2M24.6%—-41%

Where each dollar of revenue goes

LineQ1 FY27% of revenue
Revenue$155M100.0%
Income tax$100K0.1%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q1 FY27$155M-21%
Q3 FY26$150M-19%
Q2 FY26$168M-7%
Q1 FY26$197M+1%
Q4 FY25$197M-2%
Q3 FY25$185M-8%
Q2 FY25$180M-13%

From Wolfspeed's 10-Q filed Nov 5, 2026 (on EDGAR).

Questions

How does Wolfspeed make money?

Wolfspeed (WOLF) made $155M of revenue in the first quarter fiscal 2027 (Q1 FY27), -21% from a year earlier. Power Products brought in $117M (75%); Materials Products brought in $38.2M (25%).

What is Wolfspeed's biggest business?

Power Products: $117M in the first quarter fiscal 2027, 75% of revenue, -11% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.