Navitas Semiconductor experienced a decline in revenue to $7.3 million in Q4 2025 as it transitioned away from mobile markets toward high-power applications like AI data centers. Despite the revenue drop and a GAAP net loss of $31.8 million, the company strengthened its balance sheet with a $95.6 million private placement and expects a return to sequential growth in Q1 2026.
Navitas Semiconductor faced a significant revenue drop in Q3 2025, alongside continued operating and net losses. The company is undergoing a strategic shift, reallocating resources from low-power consumer markets to high-power segments like AI data centers and industrial electrification.
Navitas Semiconductor faced revenue decline and a larger GAAP net loss in Q2 2025. Despite challenges, the company emphasized a strategic shift toward AI data centers and energy infrastructure, including a capital raise and new manufacturing partnership.
Navitas Semiconductor reported first quarter 2025 revenue of $14.0 million, a decrease from $23.2 million in the same quarter last year. The company posted a GAAP net loss of $16.8 million and a non-GAAP net loss of $11.2 million. Despite the revenue decline, Navitas highlighted significant technology and reliability milestones and a strong design win pipeline positioning the company for future growth.
Navitas Semiconductor experienced a decline in revenue in Q4 2024, falling to $18.0 million from $26.1 million in Q4 2023. The company's GAAP operating loss widened to $39.0 million, compared to $26.8 million in the same period last year. Despite these financial setbacks, Navitas achieved record GaN revenues from mobile, consumer, and appliance sectors and secured an extraordinary $450 million in customer design-wins, particularly in data center and EV markets.
Navitas Semiconductor reported Q3 2024 revenue of $21.7 million, a slight decrease compared to Q3 2023. The company is implementing a cost-reduction plan expected to save $2 million per quarter and streamline the organization.
Navitas Semiconductor reported Q2 2024 revenue of $20.5 million, a 13% increase year-over-year. The company experienced a GAAP loss from operations of $31.1 million, and cash and cash equivalents were $112.0 million as of June 30, 2024.
Navitas Semiconductor reported a 73% year-over-year increase in revenue for Q1 2024, reaching $23.2 million. The growth was driven by GaN adoption in mobile fast chargers and AI-based data centers, along with SiC sales in EV, solar, and industrial applications. The company's customer pipeline grew to $1.6 billion.
Navitas Semiconductor reported a record fourth quarter, with revenue reaching $26.1 million, a 111% increase year-over-year and 19% sequentially. The company's full-year revenue more than doubled, demonstrating strength across multiple markets.
Navitas Semiconductor reported a record quarter with revenue growing 115% year-over-year and 22% sequentially. The company launched four new technology platforms across GaN and SiC and expects revenues to far exceed market growth rates in 2024 and for years to come.
Navitas Semiconductor reported a strong second quarter in 2023, with revenue reaching $18.1 million, a 110% increase year-over-year and a 35% increase from the previous quarter. The customer pipeline increased 30% to over $1 billion. The company's GAAP loss from operations was $27.2 million, while non-GAAP loss from operations was $9.6 million.
Navitas Semiconductor reported a strong Q1 2023 with net revenues of $13.4 million, doubling year-over-year and increasing 8% from the previous quarter. The company's GAAP gross margin improved to 41.1%. Navitas is experiencing growth across all target markets and a 50% increase in backlog.
Navitas Semiconductor reported Q4 2022 net revenues of $12.3 million, a 68% increase year-over-year, and full-year 2022 revenue of $37.9 million, a 60% increase over 2021. The company experienced a GAAP loss from operations of $28.6 million for the quarter and $121.0 million for the year.
Navitas Semiconductor Corporation announced unaudited financial results for the third quarter ended September 30, 2022. Net revenues for the quarter increased to $10.2 million, up 82% from the third quarter of 2021, and up 19% from the prior quarter.
Navitas Semiconductor reported a 58% increase in revenue compared to the second quarter of 2021. The company also announced the acquisition of GeneSiC Semiconductor, which expands their portfolio in next-generation power semiconductors.
Navitas Semiconductor reported a 27% increase in net revenues to $6.7 million for Q1 2022 compared to Q1 2021. The company reinforced its leadership in mobile fast and ultra-fast chargers, shipping over 50 million units with zero reported GaN-related field-failures. Navitas also expanded its customer base and product offerings, including new wins with Samsung, vivo, and Motorola.
Navitas Semiconductor Corporation announced unaudited financial results for the fourth quarter and year ended December 31, 2021. Net revenues for the fourth quarter of 2021 were $7.3 million, up 30% from the third quarter. Net revenues for full-year 2021 increased 100% over 2020 to $23.7 million.
Navitas Semiconductor reported Q3 2021 net revenues of $5.6 million, a 61% increase from Q3 2020. The company's GAAP net loss was $9.5 million, or $0.57 per share, while the non-GAAP net loss was $6.6 million, or $0.39 per share. The company completed its de-SPAC business combination with over $250 million in cash to support growth.