NVTS
Navitas Semiconductor Corp
NASDAQ · Technology · Semiconductors · IE
$9.07
+5.96%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 40.4M | 45.9M | 83.3M | 79.5M | 37.9M |
| Cost of Revenue | 34.6M | 31.7M | 55.0M | 48.4M | 26.0M |
| Gross Profit | 5.8M | 14.2M | 28.3M | 31.1M | 11.9M |
| Operating Expenses | |||||
| R&D Expense | 55.2M | 49.8M | 76.0M | 68.8M | 50.3M |
| SG&A Expense | 53.2M | 32.7M | 62.9M | 61.6M | 78.4M |
| General & Admin Expense | — | — | — | — | — |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | 4.7M | 18.9M | 20.1M | 18.8M | 6.9M |
| Total Operating Expenses | 113.1M | 101.5M | 159.0M | 149.2M | 135.6M |
| Cost and Expenses | 147.7M | 133.2M | 214.0M | 197.6M | 161.6M |
| Operating Income (EBIT) | (113.7M) | (87.3M) | (130.7M) | (118.1M) | (123.6M) |
| Non-Operating | |||||
| Interest Income | — | — | — | 1.3M | 1.4M |
| Interest Expense | 1.3M | 863.0K | 150.0K | — | — |
| Net Interest Income | (907.0K) | (863.0K) | (150.0K) | 1.3M | 1.4M |
| Other Non-Op Income/Expense | (217.2M) | (29.6M) | 45.7M | (28.3M) | 173.7M |
| Non-Operating Income (excl Interest) | 12.8M | 28.8M | (42.0M) | 28.3M | (173.7M) |
| EBT (Pre-Tax Income) | (330.9M) | (116.9M) | (84.9M) | (146.5M) | 50.1M |
| Income Tax Expense | 56.0K | 50.0K | (342.0K) | (517.0K) | (22.8M) |
| Bottom Line | |||||
| Net Income | (330.9M) | (117.0M) | (84.6M) | (145.4M) | 73.9M |
| Earnings from Cont. Ops | (330.9M) | (117.0M) | (84.6M) | (146.0M) | 72.9M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (330.9M) | (117.0M) | (84.6M) | (145.4M) | 73.9M |
| Per Share | |||||
| Basic EPS | ($1.38) | ($0.57) | ($0.46) | ($0.86) | $0.56 |
| Diluted EPS | ($1.38) | ($0.57) | ($0.46) | ($0.86) | $0.51 |
| Revenue Per Share | $0.15 | $0.22 | $0.45 | $0.47 | $0.28 |
| Shares | |||||
| Basic Shares Outstanding | 261.5M | 205.6M | 183.7M | 168.9M | 133.7M |
| Diluted Shares Outstanding | 261.5M | 205.6M | 183.7M | 168.9M | 145.7M |
| Profitability Metrics | |||||
| EBITDA | (109.6M) | (93.7M) | (66.8M) | (125.5M) | 57.9M |
| D&A | 17.0M | 22.4M | 21.9M | 21.0M | 7.8M |
| EBIT | (92.2M) | (116.0M) | (88.7M) | (146.5M) | 50.1M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026