Navitas Semiconductor Corporation (NVTS)
NASDAQ:NVTS
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Earnings Data
Report Date
Aug 17, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.04Last Year’s EPS
-0.05Same Quarter Last Year
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a cautiously optimistic outlook: clear sequential recovery and tangible momentum in high-power, AI-driven end markets with product sampling, technology milestones and solid liquidity are major positives. However, a substantial year-over-year revenue decline, continued operating losses, and execution/qualification risks temper near-term expectations. Management guided to continued sequential growth and modest margin expansion, and emphasized disciplined spending and the path to profitability, making the tone constructive but dependent on successful scale and customer qualification.Company Guidance
Return to Sequential Revenue Growth
Q1 revenue of $8.6M, up 18% sequentially from $7.3M in Q4 2025, exceeding the high end of guidance; company expects Q2 revenue of $10.0M ± $0.5M (midpoint representing ~16% sequential growth).
High-Power Business Momentum (AI/Data Center & Grid)
Management reported high-power revenue growth (CFO stated ~35% year-over-year) and noted the AI infrastructure (data center + grid) grew ~50% quarter-over-quarter (Q4→Q1), driving an increasing majority of total revenue as mobile/low-end consumer declines.
Gross Margin Improvement
Non-GAAP gross margin improved to 39.0% in Q1 (a ~30 basis point expansion QoQ from 38.7%) with guidance for further expansion to ~39.25% in Q2 (±75 bps), driven by favorable mix toward higher-margin high-power markets.
Product & Technology Milestones
Released and sampled key platforms: 20 kW 800V→6V DC-DC platform targeting ~97.5% efficiency using new 60V GaNFast; introduced Gen 5 GeneSiC 1.2 kV SiC product with reported customer feedback of up to 50% increase in power density and >98% system efficiency; expanded sampling of 100V and 650V GaN devices to OEMs/ODMs/hyperscalers.
Operational Realignment and Leadership in Place
Substantial restructuring and realignment to focus on high-power markets substantially complete; new leadership team (including CFO Tonya Stevens) in place to drive execution and scale; selective hiring planned to accelerate customer support.
Strong Balance Sheet & Liquidity
Cash and cash equivalents of $221M and no outstanding debt at quarter end, providing runway and flexibility to support working capital and the 8-inch GaN manufacturing pivot planned for 2027 with strategic foundry partnerships (GlobalFoundries, TSMC buffers).
Improved Operating Efficiency
Operating expenses held roughly flat at $15.0M in Q1 versus $14.9M in Q4, enabling increased R&D investment while maintaining disciplined SG&A; loss from operations improved to $11.7M from $12.1M the prior quarter.
NVTS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
NVTS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $17.55 | $16.68 | -4.96% |
Feb 24, 2026 | $8.26 | $9.88 | +19.61% |
Nov 03, 2025 | $12.25 | $10.46 | -14.61% |
Aug 04, 2025 | $8.05 | $6.77 | -15.90% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Navitas Semiconductor Corporation (NVTS) report earnings?
Navitas Semiconductor Corporation (NVTS) is schdueled to report earning on Aug 17, 2026, After Close (Confirmed).
What is Navitas Semiconductor Corporation (NVTS) earnings time?
Navitas Semiconductor Corporation (NVTS) earnings time is at Aug 17, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is NVTS EPS forecast?
NVTS EPS forecast for the fiscal quarter 2026 (Q2) is -0.04.