Navitas Q1 FY26 net loss widens to $33.79 million; revenue falls to $8.6 million

Navitas Semiconductor Corp Ordinary Shares - Class A

Navitas Semiconductor Corp Ordinary Shares - Class A

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  • Navitas Semiconductor posted Q1 2026 revenue of USD 8.6 million, up 18% sequentially, while net loss widened to USD 33.79 million, or USD 0.15 per share.
  • GAAP gross margin stayed negative at (9.3)%, improving from (17.2)% in Q4 2025, as non-GAAP gross margin edged up 0.3 percentage points sequentially to 39%.
  • GAAP operating loss narrowed to USD 27.8 million from USD 41.4 million in Q4 2025, when results included a USD 16.6 million restructuring and impairment charge; cash and cash equivalents fell to USD 221 million.
  • High-power markets made up a large majority of revenue and rose about 35% year-over-year, as management highlighted increased engagement in AI data centers, grid and energy infrastructure, performance computing, and industrial electrification.
  • Q2 revenue is forecast at about USD 10 million, implying more than 16% sequential growth at the midpoint, with non-GAAP gross margin seen at about 39.25%.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Navitas Semiconductor Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605051607PRIMZONEFULLFEED9713713) on May 05, 2026, and is solely responsible for the information contained therein.

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