NVTS · XBRL financial data

Navitas Semiconductor financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (NVTS's year ends in late December)

In thousands of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Revenue from contracts with customers	26,057*	23,175	20,468	21,681	17,978*	14,018	14,490	10,112	7,296*	8,598	10,529	13,991
Cost of goods and services sold	15,070*	13,660	12,478	13,069	15,756*	8,711	12,162	6,281	4,514*	5,361	6,451	8,486
Research and development	18,085*	20,229	18,971	17,828	18,974*	12,668	11,496	13,280	12,386*	14,567	13,152	15,090
Selling, general and administrative	14,922*	16,087	15,382	15,040	16,354*	11,740	7,751	5,230	10,475*	11,252	13,038	18,390
Total operating expenses	37,781*	41,090	39,127	37,585	41,212*	30,611	23,981	23,245	44,175*	31,003	31,268	39,883
Operating income (loss)	(26,794)*	(31,575)	(31,137)	(28,973)	(38,990)*	(25,304)	(21,653)	(19,414)	(41,393)*	(27,766)	(27,190)	(34,378)
Other income (expense)	34*	83	31	26	(38)*	18	37	(59)	10*	10	10	(7,163)
Income tax expense (benefit)	(504)*	70	61	125	(598)*	82	48	(19)	(61)*	67	71	(21)
Net income (loss)	(32,578)*	(3,681)	(22,328)	(18,730)	(39,860)*	—	—	—	—	—	—	—
Earnings per share, basic USD per share	(0.18)*	(0.02)	(0.12)	(0.10)	(0.22)*	(0.09)	(0.25)	(0.09)	—	(0.15)	(0.95)	(0.14)
Earnings per share, diluted USD per share	(0.19)*	(0.02)	(0.12)	(0.10)	(0.22)*	(0.09)	(0.25)	(0.09)	—	(0.15)	(0.95)	(0.14)
Weighted average shares, basic thousands of shares	177,907*	179,779	183,127	184,672	182,240*	187,784	198,956	212,681	222,412*	229,988	240,643	261,529
Weighted average shares, diluted thousands of shares	167,384*	179,779	183,127	184,672	182,240*	187,784	198,956	212,681	222,412*	229,988	240,643	261,529

Balance sheet

CSV

Fiscal quarters (NVTS's year ends in late December)

In thousands of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Cash and cash equivalents	152,839	129,682	111,995	98,614	86,737	75,132	161,189	150,551	236,857	221,008	557,409	531,479
Accounts receivable	25,858	22,199	22,679	21,091	13,982	12,427	12,476	9,788	3,621	3,727	4,767	5,717
Inventory	23,166	33,176	25,159	21,284	15,477	16,062	15,124	14,665	13,283	14,925	19,510	21,151
Prepaid and other current assets	6,619	6,024	4,747	4,161	4,070	4,679	4,076	3,834	4,399	4,227	19,840	16,600
Total current assets	208,482	191,081	164,580	145,150	120,266	108,300	192,865	178,838	259,905	246,249	602,389	575,310
Property and equipment, net	9,154	11,773	13,259	13,057	15,421	14,706	14,521	14,373	9,779	9,123	8,570	5,563
Right-of-use asset	8,268	7,805	7,820	7,266	6,900	6,474	6,012	5,599	5,166	5,115	4,109	5,549
Goodwill	163,215	163,215	163,215	163,215	163,215	163,215	163,215	163,215	163,215	163,215	163,215	163,215
Total assets	485,546	467,889	439,050	419,409	389,978	370,830	449,441	430,207	500,469	481,367	832,429	810,059
Total current liabilities	50,384	41,972	28,952	25,964	21,144	19,309	23,429	22,537	52,120	56,851	27,642	34,072
Lease liability, non-current	6,653	6,307	6,286	5,993	5,553	5,112	4,714	4,265	3,827	3,689	2,681	3,886
Total liabilities	104,929	69,972	50,950	38,581	41,965	29,010	60,564	59,222	56,808	61,318	31,017	38,435
Accumulated deficit	(300,187)	(303,868)	(326,196)	(344,926)	(384,786)	(401,615)	(450,690)	(469,924)	(501,739)	(535,524)	(763,742)	(800,850)
Total stockholders' equity	380,617	—	—	—	—	—	—	—	—	—	—	—
Total liabilities and equity	485,546	467,889	439,050	419,409	389,978	370,830	449,441	430,207	500,469	481,367	832,429	810,059
Common shares outstanding (cover page) thousands of shares	179,196	183,101	183,458	—	—	—	—	—	—	—	—	—

Cash flows

CSV

Fiscal quarters (NVTS's year ends in late December)

In thousands of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Net income (loss)	(32,578)*	(3,681)	(22,328)	(18,730)	(39,860)*	—	—	—	—	—	—	—
Stock-based compensation	12,218*	13,548	13,091*	11,372*	5,020*	6,972	(913)*	467*	7,958*	10,338	8,386*	9,044*
Net cash from operating activities	(22,656)*	(19,783)	(15,125)*	(13,725)*	(10,190)*	(13,533)	(11,232)*	(10,018)*	(8,108)*	(16,362)	(31,986)*	(18,557)*
Purchases of property and equipment	1,372*	2,898	2,741*	570*	562*	41	679*	710*	48*	388	227*	738*
Net cash from investing activities	(1,372)*	(5,398)	(2,741)*	(570)*	(562)*	(41)	(633)*	(710)*	(2)*	(388)	(1,655)*	(5,738)*
Proceeds from issuing common stock	169*	236	179*	19*	378*	131	892*	5*	5*	804	(792)*	0*
Share repurchases	0*	—	—	—	—	—	—	—	—	—	—	—
Repayments of long-term debt	0*	—	—	—	—	—	—	—	—	—	—	—
Net cash from financing activities	169*	2,024	179*	914*	378*	949	97,591*	608*	95,491*	1,518	368,543*	(2,135)*
Net change in cash	(23,859)*	(23,157)	(17,687)*	(13,381)*	(10,374)*	(12,625)	85,726*	(10,120)*	87,381*	(15,232)	334,902*	(26,430)*

Compare with peers

SIC 3674 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3674 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Navitas Semiconductor	531,479	13,991	(18,557)*	not reported	23.4 quarters	Q3 FY26 10-QSep 30, 2026
Bel Fuse	333,122	220,510	34,194*	not reported	—	Q3 FY26 10-QSep 30, 2026
CTS	143,880	149,583	43,522*	28.5M	—	Q3 FY26 10-QSep 30, 2026
Maxlinear	81,085	218,057	(13,590)*	91.0M	8.9 quarters	Q3 FY26 10-QSep 30, 2026
Penguin Solutions	647,208	566,685	(163,136)*	60.2M	4.0 quarters	Q4 FY26 10-KAug 28, 2026
Vicor	513,137	197,114	50,167*	not reported	—	Q3 FY26 10-QSep 30, 2026
Ultra Clean Holdings	270,900	759,000	(42,300)*	48.0M	5.0 quarters	Q3 FY26 10-QSep 25, 2026
Benchmark Electronics	290,656	834,066	29,912*	35.8M	—	Q3 FY26 10-QSep 30, 2026
Nlight	295,761	82,591	20,733*	57.7M	—	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.