Quarterly Earnings Performance
| Quarter | Period | Report Date | Revenue | YoY Growth | EPS (non-GAAP) | Guidance (next qtr) | Notes |
|---|---|---|---|---|---|---|---|
| Q1 2025 | Jan–Mar 2025 | 2025-05-05 | $14.0M | −23% | −$0.09 | $14.5M ±$0.5M | Mobile segment headwinds; China tariff risk |
| Q2 2025 | Apr–Jun 2025 | 2025-08-05 | $14.5M | −22% | −$0.09 | ~$10.0M | Strategic shift away from mobile begun |
| Q3 2025 | Jul–Sep 2025 | 2025-11-03 | $10.1M | −53% | −$0.09 | ~$7.0M | Decisive pivot to high-power/AI data center |
| Q4 2025 | Oct–Dec 2025 | 2026-03-05 | $7.3M | −59% | −$0.14 | $8.5M–$9.5M | Revenue trough; EPS missed consensus −$0.05 |
| FY 2025 | Full Year | — | $45.9M | −39% | −$0.41 | — | Intentional revenue sacrifice during pivot |
Note: FY 2025 revenue is the sum of quarterly figures ($14.0M + $14.5M + $10.1M + $7.3M). FY 2025 non-GAAP EPS is approximate sum of quarterly figures. YoY comparisons are approximate; FY 2024 revenue was ~$75M. Q1–Q3 EPS figures are GAAP basic EPS loss as reported; Q4 EPS is GAAP diluted. "Non-GAAP" designation applied where reported; some quarters only GAAP available.
| Quarter | Est. Report Date | Est. Revenue | Est. EPS | Source |
|---|---|---|---|---|
| Q1 2026 | 2026-05-05 (act.) | $8.6M (act.) | −$0.04 (act.) | Navitas IR — reported 2026-05-05 |
| Q2 2026 | ~2026-08-17 | $10.0M ±$0.5M (est.) | −$0.04 (est.) | Q1 2026 guidance |
Navitas Semiconductor endured a sharp revenue contraction in 2025 as the company executed a deliberate strategic pivot away from traditional mobile and low-end consumer markets toward high-power applications in AI data centers, energy storage, and industrial electrification. Management identified Q4 2025 ($7.3M revenue, −59% YoY) as the anticipated revenue bottom before gradual recovery in 2026. The pivot is anchored on Navitas's GaNFast and SiC power IC technology, which is gaining design wins in 48V data center architectures and EV charging. Q1 2026 results (reported May 5, 2026) showed sequential improvement to $8.6M with EPS of −$0.04, beating consensus by 20%, and Q2 2026 guidance of ~$10M signals continued recovery.
Generated: 2026-05-12