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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›NVTS›Financials
Annual statements · SEC XBRL · FY2020 – FY2025

Navitas Semiconductor Corp (NVTS) financials

Income statement

Navitas Semiconductor Corp (NVTS) income statement, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Revenue$11.8M$23.7M$37.9M$79.5M$83.3M$45.9M
Revenue growth—100.3%59.9%109.4%4.8%-44.9%
Gross profit$3.71M$10.7M————
Gross margin31.4%45.0%————
Operating income-$18.8M-$68.5M-$124M-$118M-$131M-$108M
Operating margin-158.7%-288.6%-325.8%-148.7%-156.9%-234.7%
Net income-$19.0M-$153M$72.9M-$146M-$84.6M-$117M
Net margin-160.7%-643.3%192.1%-183.7%-101.6%-254.7%
EPS (diluted)-$1.17-$3.90$0.51-$0.86-$0.46-$0.57

Cash flow

Navitas Semiconductor Corp (NVTS) cash flow, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow-$20.6M-$41.7M-$44.5M-$41.4M-$58.8M-$42.9M
Capital expenditures$223K$2.07M$4.64M$4.78M$6.77M$1.48M
Free cash flow-$20.8M-$43.8M-$49.1M-$46.2M-$65.6M-$44.4M
Share buybacks—$0.00$550K$0.00——

Balance sheet

Navitas Semiconductor Corp (NVTS) balance sheet, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$38.9M$268M$110M$152M$86.7M$237M
Total assets$48.5M$296M$425M$486M$390M$500M
Total liabilities$11.4M$230M$40.5M$105M$42.0M$56.8M
Long-term debt$4.97M$3.72M$0.00———
Shareholders' equity-$72.4M$65.5M$385M$381M$348M$444M
Retained earnings-$76.0M-$229M-$155M-$300M-$385M-$502M
Shares (wtd avg diluted)16.2M39.2M146M169M182M206M

Every figure is extracted from Navitas Semiconductor Corp’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Navitas Semiconductor Corp's annual revenue?
Navitas Semiconductor Corp (NVTS) reported $45.9M of revenue for fiscal year 2025 — down 44.9% from $83.3M in FY2024, per its annual report filed with the SEC.
Is Navitas Semiconductor Corp profitable?
Not in FY2025 — NVTS reported a net loss of $117M, per SEC filings.
What is Navitas Semiconductor Corp's free cash flow?
-$44.4M in FY2025 (operating cash flow -$42.9M minus $1.48M of capital expenditures), from the SEC cash-flow statement.
Does NVTS pay a dividend?
Navitas Semiconductor Corp reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full NVTS analysis — verdict, score & filings →Is NVTS a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.