WOLFSPEED, INC. 8K

Wolfspeed, Inc. announced fourth quarter fiscal 2026 results showing continued losses but adequate liquidity, ongoing AI and SiC product expansion, capital structure improvements via note conversions, and guided Q1 fiscal 2027 revenue of $140–$160 million with margins still negative following its emergence from Chapter 11 and adoption of fresh-start accounting.

On August 19, 2026, Wolfspeed, Inc. reported its financial results for the fourth quarter and partial fiscal year ended June 28, 2026, highlighting approximately $150 million in quarterly revenue in line with guidance, negative GAAP and non-GAAP gross margins, a GAAP net loss of $145 million and adjusted EBITDA loss of $62 million, alongside $1.1 billion of cash, cash equivalents and short-term investments, continued expansion of its AI data center device business, launches of next-generation SiC MOSFET products and a dedicated data center solutions team, a memorandum of understanding with GE Aerospace and a collaboration with LITEON Technology, appointment of Andy Mattes to the Board of Directors, voluntary conversion of $46 million of convertible notes to equity to improve its capital structure, and guidance for first quarter fiscal 2027 revenue of $140–$160 million with non-GAAP gross margin expected to remain negative and non-GAAP operating expenses of $62–$66 million, all presented in the context of having recently emerged from Chapter 11 and adopted fresh-start accounting as of September 29, 2025.

Filing Facts

CIK

895419

Ticker

-

Form

8K

Source Type

sec

Accession

0000895419-26-000049

Alert Tier

7