Wolfspeed Q4 Earnings Miss Estimates, Revenues Down 1.8% Y/Y

Wolfspeed Q4 earnings missed estimates with a loss of 77 cents per share, down 6.94% from the Zacks Consensus Estimate. Revenues declined 1.8% YoY to $197 million, but surpassed the consensus mark by 4.10%. Power Products accounted for 60.2% of revenues, with a 13.4% YoY increase, while Materials Products' revenues decreased 18.4% YoY to $78.4 million.

Wolfspeed Inc. (WOLF) reported a quarterly loss of $0.77 per share for the period ended June 2025, surpassing the Zacks Consensus Estimate of a loss of $0.72 per share. This compares to a loss of $0.89 per share a year ago, adjusted for non-recurring items [1]. The company's earnings surprised the market by -6.94%, while revenues declined 1.8% year-over-year (YoY) to $197 million, beating the Zacks Consensus Estimate by 4.10% [1].

The company's Power Products accounted for 60.2% of revenues, showing a 13.4% YoY increase, while Materials Products' revenues decreased 18.4% YoY to $78.4 million [2]. The Mohawk Valley Fab contributed $94.1 million in revenue, up from $41 million in the same quarter last year [2]. However, underutilization costs impacted GAAP and non-GAAP gross margins by $23.6 million due to the start of production at Mohawk Valley Fab [2].

Wolfspeed shares have lost about 79.4% since the beginning of the year, compared to the S&P 500's gain of 10% [1]. The company's stock is currently ranked as a "Hold" by Zacks Investment Research, with analysts expecting the stock to perform in line with the market in the near future [1].

Looking ahead, investors should keep an eye on Wolfspeed's earnings outlook and the industry's outlook, as the semiconductor industry ranks in the top 42% of Zacks-ranked industries [1]. The company's restructuring efforts to emerge from Chapter 11 with stronger finances may also impact its performance in the coming quarters.

References:
[1] https://www.nasdaq.com/articles/wolfspeed-wolf-reports-q4-loss-beats-revenue-estimates
[2] https://www.tradingview.com/news/reuters.com,2025:newsml_PLXCB17ED:0-wolfspeed-q4-revenue-beats-expectations/