Navitas Q2 FY26 GAAP net loss widens to $228.2 million; revenue rises 22% quarter-on-quarter to $10.5 million

Reuters2026/07/27 20:16

By:Reuters

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Navitas posted Q2 revenue of $10.5 million, up 22% sequentially, as high-power markets grew more than 50% year-over-year.
GAAP net loss widened to $228.2 million, including a $203.1 million non-cash charge from final remeasurement of earnout liabilities.
GAAP gross margin swung to 0.4% from (9.3%) sequentially; non-GAAP gross margin edged up 50 basis points to 39.5%.
Cash and cash equivalents rose to $557.4 million at June 30, 2026, from $236.9 million at Dec. 31, 2025.
Q3 revenue forecast at $13.5 million ± $0.5 million, implying 28% sequential growth, with non-GAAP gross margin guided to 39.7% ± 100 basis points.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Navitas Semiconductor Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-049795), on July 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Navitas Q2 FY26 GAAP net loss widens to $228.2 million; revenue rises 22% quarter-on-quarter to $10.5 million

You may also like

Crypto prices