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Nasdaq · Technology

Navitas Semiconductor Corp (NVTS)

As-reported financials and SEC filings for Navitas Semiconductor Corp. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Navitas Semiconductor Corp

Navitas Semiconductor Corp designs and markets advanced power semiconductors, including gallium nitride (GaN) power integrated circuits and high-voltage silicon carbide (SiC) devices. The company serves high-power markets such as AI data centers, energy and grid infrastructure, performance computing, and industrial electrification. Navitas operates as a product design house and outsources manufacturing to partners.

Snapshot

Revenue
$45.9M
Revenue growth (YoY)
-44.9%
Net income
$-117.0M
Diluted EPS
$-0.57
Gross margin
Operating margin
Net margin
FCF margin
ROE
-26.4%
net income / fiscal-year-end equity
P/E
trailing when available, otherwise FY EPS
Market cap
$2.86B
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Navitas Semiconductor

  • Revenue fell 44.9% to $46M in FY2025, slower than the 4.8% the year before.
  • Operating margin is -234.7% in FY2025, +53.9 pp against -288.6% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $11M, down 27.3% from Q2 FY2025.
  • Free cash flow was negative $44M in FY2025.
  • Net loss widened to $117M in FY2025, from $85M in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Navitas Semiconductor’s fundamentals sit among the 88 semiconductor companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Revenue growth (YoY)-44.9%
2nd percentile of 88
ROE-26.4%
12th percentile of 74
Short interest3.01d
54th percentile of 88

Navitas Semiconductor’s revenue growth of -44.9% ranks in the 2nd percentile of the 88 semiconductor companies reporting it. Navitas Semiconductor’s return on equity of -26.4% ranks in the 12th percentile of the 74 semiconductor companies reporting it.

No reported insider transactions (codes P/S) in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 1 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
1
+6 quant / multi-strat
Initiated / added
4
1 new, 3 added
Reduced / exited
3
3 trimmed, 0 exited
Combined position
$313.8M
reported long value
InvestorAs ofPosition valueSharesChange
D. E. ShawquantQ2 2026$171.7M9.6MAdded
Citadel AdvisorsquantQ2 2026$54.8M3.1MAdded
Two Sigma InvestmentsquantQ2 2026$49.3M2.7MAdded
Millennium ManagementquantQ2 2026$16.5M920.8KReduced
Point72 Asset ManagementquantQ2 2026$14.9M829.1KReduced
Duquesne Family OfficeQ2 2026$5.6M311.1KNew
AQR Capital ManagementquantQ2 2026$1.1M62.0KReduced

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
0
Reported activity
Quiet
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-05-28
filed 2026-05-29
Singh RanbirDirectorSell664.1K$28.72$19.1M
2026-05-28
filed 2026-05-29
HENDRIX RICHARD JDirectorSell75.0K$29.34$2.2M
2026-05-28
filed 2026-05-29
Wunderlich Gary Kent JRDirectorSell73.0K$28.11$2.1M
2026-05-28
filed 2026-05-29
HENDRIX RICHARD JDirectorSell35.2K$28.14$990K
2026-05-28
filed 2026-05-29
Wunderlich Gary Kent JRDirectorSell35.2K$28.14$990K
2026-05-27
filed 2026-05-29
Singh RanbirDirectorSell3.1M$29.29$89.6M
2026-05-27
filed 2026-05-29
HENDRIX RICHARD JDirectorSell33.6K$29.66$998K
2026-05-27
filed 2026-05-29
Allexandre ChrisPRESIDENT AND CEOSell13.3K$31.81$424K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
40.2M
settled 2026-08-14
Change vs prior
+2.3%
vs previous settlement
Days to cover
3.01
at avg daily volume
Avg daily volume
13.4M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-1440.2M+2.3%3.01
2026-07-3139.3M-0.2%2.47
2026-07-1539.4M+14.1%2.52
2026-06-3034.5M-8.6%1.55
2026-06-1537.8M+4.6%1.00
2026-05-2936.1M-6.1%1.05
2026-05-1538.5M-8.2%1.00
2026-04-3041.9M-13.8%1.00

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$45.9M$83.3M$79.5M$37.9M$23.7M
Gross profit$14.2M$28.3M$31.1M$11.9M$10.7M
Operating income$-107.8M$-130.7M$-118.1M$-123.6M$-68.5M
Net income$-117.0M$-84.6M$-145.4M$73.9M$-152.7M
Diluted EPS$-0.57$-0.46$-0.86$0.51$-3.90

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$236.9M$86.7M$151.9M$110.3M$268.3M
Current assets$259.9M$121.8M$206.2M$142.1M$291.4M
Total assets$500.5M$390.0M$485.5M$425.3M$295.6M
Current liabilities$52.1M$21.1M$48.5M$20.4M$10.7M
Long-term debt$0$3.7M
Total liabilities$56.8M$42.0M$104.9M$40.5M$230.1M
Total equity$443.7M$348.0M$380.6M$384.8M$65.5M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$-42.9M$-58.8M$-41.4M$-44.5M$-41.7M
Capital expenditure$1.5M$6.8M$4.8M$4.6M$2.1M
Free cash flow$-44.4M$-65.6M$-46.2M$-49.1M$-43.8M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$10.5M-27.3%$-228.2M$-0.95
Q1 FY2026$8.6M-38.7%$-33.8M$-0.15
Q4 FY2025$7.3M-59.4%$-0.14
Q3 FY2025$10.1M-53.4%$-19.2M$-0.09
Q2 FY2025$14.5M-29.2%$-49.1M$-0.25
Q1 FY2025$14.0M-39.5%$-16.8M$-0.09
Q4 FY2024$18.0M-31.0%$-39.9M$-0.22
Q3 FY2024$21.7M-1.4%$-18.7M$-0.10

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorTechnology
SIC industrySemiconductors & Related Devices
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2020
SEC CIK1821769

Selected SEC filings

10-K/A2026-04-30
View on EDGAR →
10-Q2026-07-27
View on EDGAR →
10-Q2026-05-05
View on EDGAR →
8-K2026-08-25
View on EDGAR →
8-K2026-07-27
View on EDGAR →
8-K2026-07-08
View on EDGAR →
8-K2026-06-26
View on EDGAR →

Largest semiconductor peers

All semiconductor stocksAll Technology companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.