Wolfspeed, Inc. (WOLF)
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.
- Symbol
- WOLF
- Exchange
- NYSE
- Sector
- Technology
- Industry
- Semiconductors
- Market cap
- $1.35B
- 52 week range
- 8.05 - 80.82
Valuation
- Share price
- $27.14 (close of 2026-09-23)
- P/E (TTM)
- -2.73x
- Price to book
- 1.32x
- Price to free cash flow
- -6.88x
- Enterprise value
- $2.01B
- Book value per share
- $21.14
Price performance
| Period | Change |
|---|
| 1 day | -2.06% |
| 5 days | +12.99% |
| 1 month | +5.36% |
| 3 months | -44.51% |
| 6 months | +63.49% |
| Year to date | +55.89% |
| All time | +22.80% |
Profitability and growth
- Return on equity
- 359.92%
- Return on invested capital
- -24.93%
- Return on assets
- -23.48%
- Return on capital employed
- 564.18%
- Gross margin
- -16.05%
- Net margin
- -212.41%
- EBITDA margin
- -142.17%
- Revenue growth
- -6.14%
- Net income growth
- -86.21%
- Free cash flow growth
- 33.89%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- -14.53%
- Current ratio
- 7.03x
- Net debt to EBITDA
- 0.73x
Latest reported year
- Period end
- 2025-06-29
- Fiscal year
- 2025
- Revenue
- $757.60M
- Cost of revenue
- $879.20M
- Gross profit
- $-121.60M
- EBITDA
- $-1.08B
- Net income
- $-1.61B
- Earnings per share
- $-11.39
- Research and development
- $175.10M
- Shares outstanding
- 141.32M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|
| 2025-06-29 | $757.60M | $-121.60M | $-1.61B | $-11.39 |
| 2024-06-30 | $807.20M | $77.40M | $-864.20M | $-6.88 |
| 2023-06-25 | $758.50M | $242.90M | $-329.90M | $-2.65 |
| 2022-06-26 | $572.10M | $208.10M | $-200.90M | $-1.67 |
| 2021-06-27 | $525.60M | $164.60M | $-523.90M | $-4.66 |
| 2020-06-28 | $470.70M | $158.50M | $-191.70M | $-1.78 |
| 2019-06-30 | $538.20M | $243.70M | $-375.10M | $-3.62 |
| 2018-06-24 | $924.90M | $302.00M | $-280.00M | $-2.81 |
| 2017-06-25 | $771.50M | $244.00M | $-98.10M | $-1.00 |
| 2016-06-26 | $1.62B | $487.07M | $-21.54M | $-0.21 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|
| 2025-06-29 | -16.05% | -212.41% | 359.92% | -24.93% |
| 2024-06-30 | 9.59% | -107.06% | -97.97% | -8.91% |
| 2023-06-25 | 32.02% | -43.49% | -20.34% | - |
| 2022-06-26 | 36.37% | -35.12% | -8.24% | -15.64% |
| 2021-06-27 | 31.32% | -99.68% | -24.75% | -31.74% |
| 2020-06-28 | 33.67% | -40.73% | -9.18% | -24.65% |
| 2019-06-30 | 45.28% | -69.70% | -18.38% | -9.00% |
| 2018-06-24 | 32.65% | -30.27% | -13.51% | -1.36% |
| 2017-06-25 | 31.63% | -12.72% | -4.41% | -1.25% |
| 2016-06-26 | 30.13% | -1.33% | -0.91% | -0.48% |
Cash and debt by year
| Period end | Cash | Debt |
|---|
| 2025-06-29 | $955.40M | $6.54B |
| 2024-06-30 | $2.17B | $6.16B |
| 2023-06-25 | $2.95B | - |
| 2022-06-26 | $1.20B | - |
| 2021-06-27 | $1.15B | - |
| 2020-06-28 | $1.24B | - |
| 2019-06-30 | $1.05B | - |
| 2018-06-24 | $387.10M | $292.00M |
| 2017-06-25 | $610.94M | - |
| 2016-06-26 | $605.30M | - |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|
| 2025-06-29 | $-1.98B | $73.30M |
| 2024-06-30 | $-3.00B | $84.90M |
| 2023-06-25 | $-1.09B | $72.70M |
| 2022-06-26 | $-791.00M | $53.70M |
| 2021-06-27 | $-696.00M | $53.20M |
| 2020-06-28 | $-258.90M | $47.20M |
| 2019-06-30 | $77.60M | $42.90M |
| 2018-06-24 | $1.20M | $37.90M |
| 2017-06-25 | $133.60M | $47.70M |
| 2016-06-26 | $83.30M | $58.73M |
Dividend history
- Most recent payment
- 2021-09-24
| Payment date | Dividend per share |
|---|
| 2021-09-24 | $0.00 |
Investor relations
Next earnings report
- Next confirmed report
- 2026-11-04
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|
| 2026-08-19 | Jun/2026 | - |
| 2026-08-04 | - | - |
| 2026-05-05 | - | - |
| 2026-02-04 | - | - |
| 2025-10-29 | - | - |
| 2025-08-25 | - | - |
| 2025-05-08 | - | - |
| 2025-01-29 | - | - |
Filings and sources
- Company website
- wolfspeed.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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