NVTS · XBRL financial data

Navitas Semiconductor financial statements, every fiscal year

The same tables from 8 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 years (NVTS's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021†Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	11,849	23,736	37,943	79,456	83,302	45,916
Cost of goods and services sold	8,134	13,050	25,996	48,392	54,963	31,668
Gross profit	3,715	10,686	—	—	—	—
Research and development	13,049	27,820	50,318	68,825	76,002	49,830
Selling, general and administrative	9,469	51,374	78,353	61,551	62,863	35,196
Total operating expenses	22,518	79,194	135,584	149,196	159,014	122,012
Operating income (loss)	(18,803)	(68,508)	(123,637)	(118,132)	(130,675)	(107,764)
Other income (expense)	0	(143)	(1,147)	84	102	6
Income tax expense (benefit)	5	47	(22,812)	(517)	(342)	50
Net income (loss)	(3,719)	(152,685)	73,913	(145,433)	(84,599)	—
Earnings per share, basic USD per share	(1.17)	(3.90)	0.55	(0.86)	(0.46)	(0.57)
Earnings per share, diluted USD per share	(1.17)	(3.90)	0.51	(0.86)	(0.46)	(0.57)
Weighted average shares, basic thousands of shares	16,246	39,167	133,668	168,927	182,460	205,573
Weighted average shares, diluted thousands of shares	16,246	39,167	145,743	168,927	182,460	205,573

† Share count changed about 7x in the period ending 2021-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

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

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021†Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	1,896	268,252	110,337	152,839	86,737	236,857
Accounts receivable	4,152	8,263	9,127	25,858	13,982	3,621
Inventory	3,404	11,978	19,061	23,166	15,477	13,283
Prepaid and other current assets	522	2,877	3,623	6,619	4,070	4,399
Total current assets	2,010	291,370	142,148	208,482	120,266	259,905
Property and equipment, net	722	2,302	6,532	9,154	15,421	9,779
Right-of-use asset	—	0	6,381	8,268	6,900	5,166
Goodwill	—	0	161,527	163,215	163,215	163,215
Total assets	255,028	295,601	425,262	485,546	389,978	500,469
Accrued liabilities	90	—	—	—	—	—
Current portion of long-term debt	1,000	3,200	0	—	—	—
Total current liabilities	118	10,728	20,351	50,384	21,144	52,120
Long-term debt	4,971	3,716	0	—	—	—
Lease liability, non-current	—	0	5,263	6,653	5,553	3,827
Total liabilities	28,622	230,065	40,502	104,929	41,965	56,808
Accumulated deficit	(26,594)	(228,667)	(154,754)	(300,187)	(384,786)	(501,739)
Total stockholders' equity	(26,594)	65,536	381,132	380,617	—	—
Total liabilities and equity	255,028	295,601	425,262	485,546	389,978	500,469
Common shares outstanding (cover page) thousands of shares	16,774	117,751	153,629	179,196	—	—

† Share count changed about 7x in the period ending 2021-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

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

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021†Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(3,719)	(152,685)	73,913	(145,433)	(84,599)	—
Stock-based compensation	1,027	41,404	63,288	54,028	43,031	14,484
Net cash from operating activities	(20,625)	(41,700)	(44,497)	(40,098)	(58,823)	(42,891)
Purchases of property and equipment	223	2,068	4,644	4,782	6,771	1,478
Net cash from investing activities	(215)	(3,466)	(107,608)	(5,782)	(9,271)	(1,386)
Proceeds from issuing common stock	31	517	1,711	1,923	812	1,033
Share repurchases	—	0	550	0	—	—
Proceeds from long-term debt	6,000	2,000	0	—	—	—
Repayments of long-term debt	4,800	1,067	6,933	0	—	—
Net cash from financing activities	53,590	274,549	(5,810)	88,382	3,495	194,639
Net change in cash	32,751	229,383	(157,915)	42,502	(64,599)	150,362

† Share count changed about 7x in the period ending 2021-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

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.