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Wolfspeed, Inc.

WOLF

Financial Statements

Income Statement (Annual)

Amounts in millions

2025

6/30/2025

Revenue
758
Cost of Revenue
879
Gross Profit
-122
Gross Margin
-16.1%
Operating Income
-1,329
Operating Margin
-175.4%
Net Income
-1,609
Net Margin
-212.4%
EPS (Basic)
$-11.39
EPS (Diluted)
$-11.39
EBITDA
-1,052
EBITDA Margin
-138.8%

2024

6/30/2024

Revenue
807
Cost of Revenue
730
Gross Profit
77
Gross Margin
9.6%
Operating Income
-445
Operating Margin
-55.2%
Net Income
-864
Net Margin
-107.1%
EPS (Basic)
$-6.88
EPS (Diluted)
$-6.88
EBITDA
-145
EBITDA Margin
-18.0%

2023

6/30/2023

Revenue
759
Cost of Revenue
516
Gross Profit
243
Gross Margin
32.0%
Operating Income
-312
Operating Margin
-41.1%
Net Income
-330
Net Margin
-43.5%
EPS (Basic)
$-2.65
EPS (Diluted)
$-2.65
EBITDA
-2
EBITDA Margin
-0.3%

2022

6/30/2022

Revenue
572
Cost of Revenue
364
Gross Profit
208
Gross Margin
36.4%
Operating Income
-203
Operating Margin
-35.5%
Net Income
-201
Net Margin
-35.1%
EPS (Basic)
$-1.67
EPS (Diluted)
$-1.67
EBITDA
-10
EBITDA Margin
-1.8%

2021

6/30/2021

Revenue
526
Cost of Revenue
361
Gross Profit
165
Gross Margin
31.3%
Operating Income
-314
Operating Margin
-59.7%
Net Income
-524
Net Margin
-99.7%
EPS (Basic)
$-4.66
EPS (Diluted)
$-4.66
EBITDA
-94
EBITDA Margin
-17.8%