Security
NVTS · Navitas Semiconductor Corp
NVTSNASDAQCommon stockCurrentCIK 1821769Updated Sep 24, 2026
Name history
Live Oak Acquisition Corp II · through Oct 14, 2021
NVTS price & chart
Loading TradingView…
NASDAQ:NVTS on TradingView ↗About the company
Navitas Semiconductor (Nasdaq: NVTS) is a next-generation power semiconductor leader in gallium nitride (GaN), and IC integrated devices, and high-voltage silicon carbide (SiC) technology, driving innovation across AI data centers, performance computing, energy and grid infrastructure, and industrial electrification. With more than 30 years of combined expertise in wide-bandgap technologies, GaNFast™ power ICs integrate GaN power, drive, control, sensing, and protection, delivering faster power delivery, higher system density, and greater efficiency. GeneSiC™ high-voltage SiC devices leverage patented ‘trench-assisted planar technology’ to provide industry-leading voltage capability, efficiency, and reliability for medium-voltage grid and infrastructure applications. Navitas has over 300 patents issued or pending and is the world’s first semiconductor company to be CarbonNeutral®-certified.
In the news
Navitas Semiconductor Announces Second Quarter 2026 Financial Results ↗
Recent filings
Entry into a Material Definitive Agreement
Items 1.01, 9.01
Entry into a Material Definitive Agreement
Items 1.01, 9.01
EFFECT filing
S-4 filing
4 filing
Show 5 more recent filings
4 filing
4 filing
Entry into a Material Definitive Agreement · Regulation FD Disclosure
Items 1.01, 7.01, 9.01
10-Q filing
Results of Operations and Financial Condition · Regulation FD Disclosure
Items 2.02, 7.01, 9.01
Financials
FY 2025 · USDSource
Source
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 500,469,000Source | 389,978,000Source | 485,546,000Source | 425,262,000Source |
| Property, Plant and Equipment, NetUSD | 9,779,000Source | 15,421,000Source | 9,154,000Source | 6,532,000Source |
| GoodwillUSD | 163,215,000Source | 163,215,000Source | 163,215,000Source | 161,527,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 53,258,000Source | 72,195,000Source | 91,099,000Source | 105,620,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 236,857,000Source | 86,737,000Source | 152,839,000Source | 110,337,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 3,621,000Source | 13,982,000Source | 25,858,000Source | 9,127,000Source |
| Inventory, NetUSD | 13,283,000Source | 15,477,000Source | 23,166,000Source | 19,061,000Source |
| Assets, CurrentUSD | 259,905,000Source | 120,266,000Source | 208,482,000Source | 142,148,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 4,399,000Source | 4,070,000Source | 6,619,000Source | 3,623,000Source |
| Operating Lease, Right-of-Use AssetUSD | 5,166,000Source | 6,900,000Source | 8,268,000Source | 6,381,000Source |
| Other Assets, NoncurrentUSD | 8,380,000Source | 10,478,000Source | 5,328,000Source | 3,054,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 56,808,000Source | 41,965,000Source | 104,929,000Source | 40,502,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | — | — | 21,000Source | 18,000Source |
| Additional Paid in CapitalUSD | 945,381,000Source | 732,784,000Source | 680,790,000Source | 535,875,000Source |
| Retained Earnings (Accumulated Deficit)USD | -501,739,000Source | -384,786,000Source | -300,187,000Source | -154,754,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -7,000Source | -7,000Source | -7,000Source | -7,000Source |
| Stockholders' Equity Attributable to ParentUSD | — | — | 380,617,000Source | 381,132,000Source |
| Liabilities and EquityUSD | 500,469,000Source | 389,978,000Source | 485,546,000Source | 425,262,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 52,120,000Source | 21,144,000Source | 50,384,000Source | 20,351,000Source |
| Operating Lease, Liability, CurrentUSD | 1,866,000Source | 1,767,000Source | 1,892,000Source | 1,305,000Source |
| Operating Lease, Liability, NoncurrentUSD | 3,827,000Source | 5,553,000Source | 6,653,000Source | 5,263,000Source |
| Deferred Income Tax Liabilities, NetUSD | 405,000Source | 441,000Source | 1,040,000Source | 1,824,000Source |
| Other Liabilities, NoncurrentUSD | 0Source | 4,619,000Source | — | 0Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | — | — | 0Source | 3,628,000Source |
| Additional Financial Items | ||||
| Accounts Receivable, after Allowance for Credit LossUSD | 3,621,000Source | 13,982,000Source | — | — |
| Deferred Revenue, CurrentUSD | 22,632,000Source | 0Source | — | — |
| Deferred Tax Liabilities, NetUSD | 405,000Source | 441,000Source | 1,040,000Source | 1,824,000Source |
| Long-term Debt, Current MaturitiesUSD | — | — | — | 0Source |
| Long-term Debt, Excluding Current MaturitiesUSD | — | — | — | 0Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -116,953,000Source | -84,599,000Source | -145,951,000Source | 72,887,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Share-based Payment Arrangement, Noncash ExpenseUSD | 14,484,000Source | 43,031,000Source | 54,028,000Source | 63,288,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -9,517,000Source | -4,187,000Source | 16,731,000Source | -1,253,000Source |
| Increase (Decrease) in InventoriesUSD | -2,194,000Source | -6,757,000Source | 4,105,000Source | 4,748,000Source |
| Deferred Income Tax Expense (Benefit)USD | -39,000Source | -595,000Source | -790,000Source | -23,301,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -42,891,000Source | -58,823,000Source | -40,098,000Source | -44,497,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | — | 0Source | 96,357,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -1,386,000Source | -9,271,000Source | -5,782,000Source | -107,608,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 1,478,000Source | 6,771,000Source | 4,782,000Source | 4,644,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | — | — | 0Source | 550,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 194,639,000Source | 3,495,000Source | 88,382,000Source | -5,810,000Source |
| Repayments of Long-term DebtUSD | — | — | 0Source | 6,933,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 150,362,000Source | -64,599,000Source | 42,502,000Source | -157,915,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 238,602,000Source | 88,240,000Source | 152,839,000Source | 110,337,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 29,000Source | — | 0Source | 290,000Source |
| Income Taxes Paid, NetUSD | 243,000Source | 296,000Source | 160,000Source | 193,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 14,484,000Source | 43,031,000Source | 54,028,000Source | 63,288,000Source |
| Amortization of Debt Issuance Costs and DiscountsUSD | — | — | 0Source | 17,000Source |
| Amortization of Intangible AssetsUSD | 18,937,000Source | 18,926,000Source | 18,820,000Source | 6,913,000Source |
| DepreciationUSD | 3,452,000Source | 2,967,000Source | 2,160,000Source | 980,000Source |
| Foreign Currency Transaction Gain (Loss), RealizedUSD | — | -300,000Source | -400,000Source | -100,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | -176,000Source | -148,000Source | — | — |
| GoodwillUSD | 163,215,000Source | 163,215,000Source | 163,215,000Source | 161,527,000Source |
| Goodwill, Impairment LossUSD | — | 0Source | 0Source | — |
| Income (Loss) from Equity Method InvestmentsUSD | -1,121,000Source | 3,905,000Source | — | — |
| Income Tax Expense (Benefit)USD | 50,000Source | -342,000Source | -517,000Source | -22,812,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | -84,599,000Source | -145,433,000Source | 73,913,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | 0Source | -518,000Source | -1,026,000Source |
| Nonoperating Income (Expense)USD | -8,018,000Source | 41,829,000Source | -28,336,000Source | 173,712,000Source |
| Operating ExpensesUSD | 122,012,000Source | 159,014,000Source | 149,196,000Source | 135,584,000Source |
| Other Nonoperating Income (Expense)USD | 6,000Source | 102,000Source | 84,000Source | -1,147,000Source |
| Payments for Repurchase of WarrantsUSD | — | — | 0Source | 38,000Source |
| Payments to Acquire InvestmentsUSD | 0Source | 2,500,000Source | 1,000,000Source | — |
| Proceeds from Issuance of Common StockUSD | 1,033,000Source | 812,000Source | 1,923,000Source | 1,711,000Source |
| Proceeds from Issuance of Long-term DebtUSD | — | — | — | 0Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 45,916,000Source | 83,302,000Source | 79,456,000Source | 37,943,000Source |
| Cost of RevenueUSD | 31,668,000Source | 54,963,000Source | 48,392,000Source | 25,996,000Source |
| Gross Profit (Calculated) · Derived | — | — | — | — |
| Selling, General and Administrative ExpenseUSD | 35,196,000Source | 62,863,000Source | 61,551,000Source | 78,353,000Source |
| Operating Income (Loss)USD | -107,764,000Source | -130,675,000Source | -118,132,000Source | -123,637,000Source |
| Other Nonoperating Income (Expense)USD | 6,000Source | 102,000Source | 84,000Source | -1,147,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -116,903,000Source | — | -146,468,000Source | 50,075,000Source |
| Income Tax Expense (Benefit)USD | 50,000Source | -342,000Source | -517,000Source | -22,812,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | 0Source | -518,000Source | -1,026,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | -84,599,000Source | -145,433,000Source | 73,913,000Source |
| Earnings Per Share, BasicUSD per share | -0.57Source | -0.46Source | -0.86Source | 0.55Source |
| Earnings Per Share, DilutedUSD per share | -0.57Source | -0.46Source | -0.86Source | 0.51Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 205,573,000Source | 182,460,000Source | 168,927,000Source | 133,668,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 205,573,000Source | 182,460,000Source | 168,927,000Source | 145,743,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 18,937,000Source | 18,926,000Source | 18,820,000Source | 6,913,000Source |
| Current Income Tax Expense (Benefit)USD | 89,000Source | 253,000Source | 273,000Source | 489,000Source |
| Foreign Currency Transaction Gain (Loss), RealizedUSD | — | -300,000Source | -400,000Source | -100,000Source |
| Goodwill, Impairment LossUSD | — | 0Source | 0Source | — |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -90,236,000Source | 31,802,000Source | -56,198,000Source | 125,500,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | -1,121,000Source | 3,905,000Source | — | — |
| Interest Income (Expense), Nonoperating, NetUSD | 863,000Source | -150,000Source | 5,368,000Source | 1,387,000Source |
| Nonoperating Income (Expense)USD | -8,018,000Source | 41,829,000Source | -28,336,000Source | 173,712,000Source |
| Operating ExpensesUSD | 122,012,000Source | 159,014,000Source | 149,196,000Source | 135,584,000Source |
| Research and Development ExpenseUSD | 49,830,000Source | 76,002,000Source | 68,825,000Source | 50,318,000Source |
Filing attachments
tm2623854d1_ex99-1.htm · 8-K · 2026-08-25
EX-99.1 3 tm2623854d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Navitas To Acquire Claros, Advancing AI Infrastructure with VPD & IVR Technology for Grid-to-xPU The proposed acquisition is expected to provide the last step in power delivery to the core to complete Navitas’ grid-to-xPU high-power portfolio, accelerating its AI infrastructure strategy under Navitas 2.0 transformation Anticipated benefits include: Enabling of all steps of power conversion to be addressed from ultra-high voltag…
Read attachment ↗tm2623854d1_ex99-2.htm · 8-K · 2026-08-25
EX-99.2 4 tm2623854d1_ex99-2.htm EXHIBIT 99.2 Exhibit 99.2 Proprietary - Navitas Semiconductor - All Rights Reserved Navitas + Claros: Breaking the AI Infrastructure Power Wall with full grid - to - xPU play August 2026 2 Confidential and/or Proprietary - Navitas Semiconductor Legal Notice Cautionary Note Regarding Forward - Looking Statements Any forward - looking statements contained in this investor presentation are included pursuant to the “safe harbor” provisions of the Private Securi…
Read attachment ↗tm2620013d1_ex99-1.htm · 8-K · 2026-07-08
EX-99.1 2 tm2620013d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Navitas Semiconductor Responds to Patent Infringement Complaint Filed by Wolfspeed TORRANCE, Calif., July 8, 2026 - Navitas Semiconductor, (Nasdaq: NVTS), the industry leader in next-generation GaNFast™ gallium nitride (GaN) and GeneSiC™ silicon carbide (SiC) power semiconductors, today issued the following statement regarding the patent infringement complaint filed by Wolfspeed. Navitas is aware of the complaint filed by Wolfspe…
Read attachment ↗tm2613492d1_ex99-1.htm · 8-K · 2026-05-05
EX-99.1 2 tm2613492d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Navitas Semiconductor Announces First Quarter 2026 Financial Results Revenue grew 18% sequentially with expanded gross margin, driven by increased contribution from high-power markets, including AI Data Centers, Grid and Energy Infrastructure, Performance Computing and Industrial Electrification High-power markets represented a large majority of total revenue, growing approximately 35% year-over-year Appointed Tonya Ste…
Read attachment ↗tm2613278d1_ex99-1.htm · 8-K · 2026-05-04
EX-99.1 2 tm2613278d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Navitas Semiconductor Appoints Davin Lee as Independent Director to its Board Lee Brings Over 30 Years of Semiconductor and Power Management Experience as Navitas Continues its Strategic Pivot to High-Power Markets TORRANCE, Calif., May 4, 2026 - Navitas Semiconductor, (Nasdaq: NVTS), an industry leader in next-generation GaNFast™ gallium nitride (GaN) and GeneSiC™ silicon carbide (SiC) power semiconductors, today announced the a…
Read attachment ↗tm2611717d1_ex99-1.htm · 8-K · 2026-04-13
EX-99.1 2 tm2611717d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Navitas Semiconductor Appoints Gregory M. Fischer as Independent Director to its Board Ex-Broadcom Executive Brings Over 40 Years of Semiconductor Technology and Business Leadership Experience to Navitas’ Board as Part of Strategic Transformation to High-Power Markets TORRANCE, Calif., April 13, 2026 - Navitas Semiconductor, (Nasdaq: NVTS), an industry leader in next-generation GaNFast™ gallium nitride (GaN) and GeneSiC™ silicon …
Read attachment ↗