Chipmaker Wolfspeed misses Q1 revenue estimates

Reuters
Oct 30, 2025
Chipmaker <a href="https://laohu8.com/S/WOLF">Wolfspeed</a> misses Q1 revenue estimates

Overview

  • Wolfspeed fiscal Q1 revenue rises slightly yr/yr but misses analyst expectations

  • Company reports significant GAAP loss per share due to Chapter 11 reorganization items

  • Wolfspeed maintains strong cash position with $926 mln in cash and investments

Outlook

  • Wolfspeed expects Q2 revenue between $150 mln and $190 mln

  • Company cites ongoing market softness through fiscal 2026

  • Wolfspeed will not update long-term guidance until mid-2026

Result Drivers

  • MOHAWK VALLEY FAB - Contributed $97 mln in revenue, up from $49 mln, indicating increased production capacity

  • UNDERUTILIZATION COSTS - Impacted gross margins negatively due to $47 mln in costs from Mohawk Valley and Siler City Fabs

  • CHAPTER 11 IMPACT - GAAP loss per share includes $504 mln of reorganization items related to Chapter 11 cases

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q1 Revenue

Miss

$196.80 mln

$211.94 mln (1 Analyst)

Q1 ADJUSTED EPS

-$0.55

Q1 EPS

-$4.12

Q1 Net Income

-$643.60 mln

Q1 ADJUSTED GROSS MARGIN

-26%

Press Release: ID:nBw7HmzcFa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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