Company profile · Semiconductors

Wolfspeed (WOLF)

NYSE: WOLF · Durham, NC · Data from SEC filings, updated Oct 6, 2026

Overview

Wolfspeed trades on NYSE under the ticker WOLF and is classified by RoxMag in the Semiconductors segment (SEC industry code 3674, Semiconductors & Related Devices). Its principal executive offices are in Durham, NC. The company was founded in 1987. In its annual report for the fiscal year ended June 29, 2025, it reported revenue of $757.6 million and a net loss of $1.61 billion. By public float it ranks #49 of the 68 semiconductors companies profiled on RoxMag.

Wolfspeed, Inc. is an American developer and manufacturer of wide-bandgap semiconductors, focused on silicon carbide materials and devices for power applications such as transportation, power supplies, power inverters, and wireless systems. The company was formerly named Cree, Inc.

Financial history

Annual figures as reported in Wolfspeed's 10-K filings (US dollars).

Revenue growth
-6.1%
vs prior year, FY2025
Net margin
-212.4%
net income ÷ revenue, FY2025
Operating margin
-175.4%
operating income ÷ revenue, FY2025
R&D share of revenue
23.1%
R&D ÷ revenue, FY2025
Revenue
$572.1M FY2022 $758.5M FY2023 $807.2M FY2024 $757.6M FY2025 FY2026
Net income
-$200.9M FY2022 -$329.9M FY2023 -$864.2M FY2024 -$1.6B FY2025 FY2026
Annual financial data for Wolfspeed
MetricFY2026FY2025FY2024FY2023FY2022
Revenue —$757.6M$807.2M$758.5M$572.1M
Gross profit —-$121.6M$77.4M$242.9M$208.1M
Operating income —-$1.3B-$445.3M-$311.8M-$203.1M
Net income —-$1.6B-$864.2M-$329.9M-$200.9M
Research & development —$175.1M$201.9M$165.7M$142.6M
Total assets $3.0B$6.9B$8.0B$6.6B$3.9B
Stockholders' equity $930.2M-$447.1M$882.1M$1.6B$2.4B
Cash & equivalents $576.3M$467.2M$1.0B$1.8B$449.5M

Fiscal-year labels follow the calendar year in which each fiscal year ends. Margins and growth are calculated by RoxMag from the reported figures.

Recent SEC filings

All filings on SEC EDGAR →

Sources & method

Company identity, address, filings, financial figures, share counts and public float come from the company's own filings with the U.S. Securities and Exchange Commission (EDGAR). Website, founding year, chief executive and employee count come from Wikidata where available; the overview excerpt is from Wikipedia. Fields without a public source are left blank. RoxMag does not estimate figures. This page is general information, not investment advice — see our disclaimer and editorial policy.