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Wolfspeed, Inc., a semiconductor company, focuses on silicon carbide materials and devices for power applications in Europe, Hong Kong, Singapore, China, rest of Asia Pacific, Japan, the United States, and internationally. The company offers silicon carbide and gallium nitride (GaN) materials, including silicon carbide bare wafers, epitaxial wafers, and GaN epitaxial layers on silicon carbide wafers to manufacture products for RF, silicon carbide substrates, mosfets, schotky diodes, power, and other applications. It also provides power devices, such as silicon carbide Schottky diodes, metal oxide semiconductor field effect transistors (MOSFETs), and power modules for customers and distributors to use in various applications of automotive domains, including electric vehicles and fast charging, as well as existing and emerging applications in the industrial and energy domain, such as AI data centers, grid modernization, and renewable energy and storage. The company was formerly known as Cree, Inc. and changed its name to Wolfspeed, Inc. in October 2021. Wolfspeed, Inc. was founded in 1987 and is headquartered in Durham, North Carolina.
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Wolfspeed makes silicon-carbide (SiC) power semiconductors and SiC wafers for electric vehicles, charging, renewable energy, industrial power and RF markets. Long-term growth is driven by electrification, data-center and renewable power conversion trends and chronic SiC supply shortages. Investors may view its technology leadership and expanding vertically integrated manufacturing as supportive of future scale and margin improvement.
Key risks include heavy capital requirements and execution risk in ramping new fabs, strong competition from established semiconductor suppliers, and exposure to semiconductor demand cycles and customer concentration.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
| Income before tax | 9.30M | -1618.90M | -572.50M | -328.50M | -286.10M |
| Minority interest | - | - | - | 0.00M | 0.00M |
| Net income | 4.40M | -1609.20M | -864.20M | -329.90M | -295.10M |
| Selling general administrative | 67.30M | 246.30M | 246.40M | 235.30M | 203.50M |
| Selling and marketing expenses | - | 11.60M | - | - | - |
| Gross profit | -232.10M | -121.60M | 77.40M | 279.50M | 249.30M |
| Reconciled depreciation | - | 252.10M | 181.00M | 164.00M | 129.80M |
| Ebit | -485.40M | -1303.70M | -326.20M | -376.60M | -248.10M |
| Ebitda | -316.10M | -1051.60M | -145.20M | -212.60M | -118.60M |
| Depreciation and amortization | 169.30M | 252.10M | 181.00M | 164.00M | 129.50M |
| Non operating income net other | - | - | - | 52.10M | -38.30M |
| Operating income | -485.40M | -1329.20M | -445.30M | -380.60M | -248.10M |
| Other operating expenses | 1150.50M | 2086.80M | 1252.50M | 1300.50M | 994.30M |
| Interest expense | 149.90M | 315.20M | 246.30M | 42.60M | 25.10M |
| Tax provision | - | -9.70M | 1.10M | 1.40M | 9.00M |
| Interest income | - | 67.60M | 135.00M | 58.20M | 11.80M |
| Net interest income | - | -247.60M | -111.30M | 15.60M | -13.30M |
| Income tax expense | 4.90M | -9.70M | 1.10M | 1.40M | 9.00M |
| Total revenue | 665.10M | 757.60M | 807.20M | 921.90M | 746.20M |
| Total operating expenses | 253.30M | 1207.60M | 522.70M | 658.10M | 497.40M |
| Cost of revenue | 897.20M | 879.20M | 729.80M | 642.40M | 496.90M |
| Total other income expense net | 494.70M | -289.70M | -127.20M | 50.10M | -38.00M |
| Discontinued operations | - | - | - | - | 94.20M |
| Net income from continuing ops | - | -1609.20M | -573.60M | -329.90M | -295.10M |
| Net income applicable to common shares | - | - | - | -329.90M | -200.90M |
| Breakdown | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
| Total assets | 3004.90M | 6854.40M | 7984.60M | 6620.70M | 3917.50M |
| Intangible assets | 392.20M | 23.80M | 23.90M | 115.90M | 125.40M |
| Other current assets | 78.00M | 148.50M | 74.00M | 150.90M | 151.40M |
| Total liab | 2074.70M | 7301.50M | 7102.50M | 4998.80M | 1478.20M |
| Total stockholder equity | 930.20M | -447.10M | 882.10M | 1621.90M | 2439.30M |
| Deferred long term liab | - | - | - | 3.90M | 3.20M |
| Other current liab | 205.70M | 470.10M | 542.60M | 47.50M | 43.30M |
| Common stock | 0.10M | 0.20M | 0.20M | 0.20M | 0.20M |
| Capital stock | 0.10M | 0.20M | 0.20M | 0.20M | 0.20M |
| Retained earnings | -415.80M | -4537.60M | -2928.40M | -2064.20M | -1764.00M |
| Other liab | - | - | - | 35.40M | 58.50M |
| Good will | - | 0.00M | 359.20M | 359.20M | 359.20M |
| Other assets | - | - | - | 209.10M | 189.40M |
| Cash | 576.30M | 467.20M | 1045.90M | -9.70M | 449.50M |
| Total current liabilities | 231.60M | 7090.00M | 665.30M | 661.90M | 388.50M |
| Current deferred revenue | - | 50.00M | 62.30M | 43.00M | 37.00M |
| Net debt | 1219.90M | 6079.70M | 5245.50M | 4194.50M | 582.20M |
| Short term debt | 7.80M | 6538.50M | 7.40M | 0.50M | 0.50M |
| Short long term debt | - | 6538.00M | - | - | - |
| Short long term debt total | 1796.20M | 6546.90M | 6291.40M | 4184.80M | 1031.70M |
| Other stockholder equity | 1345.90M | 4094.10M | 3821.90M | 3711.00M | 4228.40M |
| Property plant equipment | - | - | - | 2296.00M | 1481.10M |
| Total current assets | 1589.40M | 2542.20M | 2999.60M | 3625.70M | 1762.40M |
| Long term investments | - | 0.00M | 79.30M | - | - |
| Net tangible assets | - | - | - | 1621.90M | 1954.70M |
| Short term investments | 512.30M | 590.20M | 1128.70M | 2964.60M | 749.30M |
| Net receivables | 188.60M | 885.10M | 289.80M | 155.60M | 151.50M |
| Long term debt | 1687.50M | - | 6161.10M | 4175.10M | 1021.60M |
| Inventory | 234.20M | 451.20M | 461.20M | 327.50M | 227.00M |
| Accounts payable | 17.40M | 30.60M | 53.00M | 570.90M | 307.70M |
| Accumulated other comprehensive income | - | -3.80M | -11.60M | -25.10M | -25.30M |
| Common stock total equity | - | - | - | 0.20M | 0.20M |
| Retained earnings total equity | - | - | - | -2064.20M | -1764.00M |
| Non currrent assets other | 331.90M | 370.80M | 767.70M | 312.10M | -261.10M |
| Non current assets total | 1415.50M | 4312.20M | 4985.00M | 2995.00M | 2155.10M |
| Capital lease obligations | 108.70M | 8.90M | 9.40M | 9.70M | 10.10M |
| Long term debt total | - | - | 6161.10M | 4175.10M | 1021.60M |
| Breakdown | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
| Investments | - | -268.10M | -1943.30M | -1147.00M | -7.50M |
| Change to liabilities | - | - | - | 28.90M | 31.80M |
| Total cashflows from investing activities | 667.60M | -268.10M | -1943.30M | -1147.00M | -391.00M |
| Net borrowings | - | 239.50M | 1999.60M | 2593.50M | 749.50M |
| Total cash from financing activities | -355.50M | 400.10M | 1958.00M | 2597.10M | 615.90M |
| Change to operating activities | - | - | - | -19.60M | -10.90M |
| Net income | 4.40M | -1609.20M | -573.60M | -329.90M | -295.10M |
| Change in cash | 109.10M | -578.70M | -711.10M | 1307.50M | 70.50M |
| Begin period cash flow | 467.20M | 1045.90M | 1757.00M | 449.50M | 379.00M |
| End period cash flow | 576.30M | 467.20M | 1045.90M | 1757.00M | 449.50M |
| Total cash from operating activities | -203.20M | -711.70M | -725.60M | -142.60M | -154.20M |
| Issuance of capital stock | - | 203.90M | 23.40M | 23.80M | 22.40M |
| Depreciation | 169.30M | 252.10M | 181.00M | 164.00M | 129.80M |
| Other cashflows from investing activities | 826.00M | 321.00M | 169.90M | 252.50M | 139.00M |
| Change to inventory | 119.50M | 1.30M | -152.30M | -97.50M | -68.80M |
| Change to account receivables | 80.60M | -31.40M | 7.40M | -4.60M | -54.30M |
| Sale purchase of stock | - | - | - | 23.80M | 22.40M |
| Other cashflows from financing activities | -17.30M | -43.30M | -65.00M | 2573.80M | 614.00M |
| Change to netincome | - | - | - | 86.20M | -1.00M |
| Capital expenditures | 176.90M | 1276.70M | 2279.90M | 962.30M | 650.60M |
| Change receivables | - | - | - | -4.60M | -54.30M |
| Cash flows other operating | - | - | - | -322.40M | -292.90M |
| Cash and cash equivalents changes | - | - | - | 1307.50M | 70.70M |
| Change in working capital | 219.60M | -88.40M | -347.40M | -65.70M | -102.20M |
| Stock based compensation | - | 73.30M | 84.90M | 81.90M | 60.90M |
| Other non cash items | -598.10M | 670.80M | -70.70M | 6.60M | 51.70M |
| Free cash flow | -380.10M | -1988.40M | -3005.50M | -1104.90M | -804.80M |
Sector: Technology Industry: Semiconductors
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| WOLF Wolfspeed, Inc. |
- -% |
23.79 | - | 714.29 | 1.91 | 1.36 | 2.61 | 12.33 |
| NVDA NVIDIA Corporation |
5.40 2.97% |
187.00 | 26.82 | 23.26 | 16.91 | 22.25 | 16.73 | 21.68 |
| AVGO Broadcom Inc |
2.16 0.74% |
293.69 | 78.55 | 35.84 | 27.93 | 23.69 | 28.47 | 52.08 |
| SKHY SK Hynix Inc. American Depositary Shares |
3.45 2.78% |
127.35 | 10.38 | 4.93 | 0.01 | 6.38 | 6.01 | 5.12 |
| TSM Taiwan Semiconductor Manufacturing |
22.34 6.33% |
375.44 | 19.45 | 15.92 | 0.24 | 4.85 | 0.22 | 0.30 |
Wolfspeed, Inc., a semiconductor company, focuses on silicon carbide materials and devices for power applications in Europe, Hong Kong, Singapore, China, rest of Asia Pacific, Japan, the United States, and internationally. The company offers silicon carbide and gallium nitride (GaN) materials, including silicon carbide bare wafers, epitaxial wafers, and GaN epitaxial layers on silicon carbide wafers to manufacture products for RF, silicon carbide substrates, mosfets, schotky diodes, power, and other applications. It also provides power devices, such as silicon carbide Schottky diodes, metal oxide semiconductor field effect transistors (MOSFETs), and power modules for customers and distributors to use in various applications of automotive domains, including electric vehicles and fast charging, as well as existing and emerging applications in the industrial and energy domain, such as AI data centers, grid modernization, and renewable energy and storage. The company was formerly known as Cree, Inc. and changed its name to Wolfspeed, Inc. in October 2021. Wolfspeed, Inc. was founded in 1987 and is headquartered in Durham, North Carolina.
| Name | Title | Year Born |
|---|---|---|
| Mr. Gregg A. Lowe | Pres, CEO & Director | 1963 |
| Mr. Neill P. Reynolds | Exec. VP & CFO | 1975 |
| Dr. John W. Palmour Ph.D. | Founder & CTO - Wolfspeed | 1961 |
| Mr. David Costar | Sr. VP & Chief Information Officer | NA |
| Mr. Tyler D. Gronbach | VP of Investor Relations | 1969 |
| Mr. Bradley D. Kohn | Sr. VP of Legal, Sec. & Gen. Counsel | 1969 |
| Melinda Walker | Director of Corp. Communications | NA |
| Mr. Greg Merritt | VP of Marketing & Public Affairs | NA |
| Mr. Rick Madormo | Sr. VP of Global Sales & Marketing | NA |
| Ms. Margaret Chadwick | Chief HR Officer | NA |
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