Income Statement - Navitas Semiconductor Corp (NVTS)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | |
|---|---|---|---|---|---|---|---|
| Total revenue | 45.92 | 83.30 | 79.46 | 37.94 | 23.74 | 11.85 | 1.69 |
| Cost of revenue | 31.67 | 54.96 | 48.39 | 26.00 | 13.05 | 8.13 | 1.17 |
| Gross profit | 14.25 | 28.34 | 31.06 | 11.95 | 10.69 | 3.72 | 0.52 |
| Total operating expenses | 101.50 | 159.01 | 149.20 | 135.58 | 79.19 | 22.52 | 17.61 |
| Operating income | -87.25 | -130.68 | -118.13 | -123.64 | -68.51 | -18.80 | -17.09 |
| Non-operating income (net) | -29.65 | 45.73 | -28.34 | 173.71 | -84.13 | -0.24 | -0.25 |
| Income before tax | -116.90 | -84.94 | -146.47 | 50.08 | -152.64 | -19.04 | -17.35 |
| Income tax expense | 0.05 | -0.34 | -0.52 | -22.81 | 0.05 | 0.01 | 0.00 |
| Net income | -116.95 | -84.60 | -145.43 | 73.91 | -152.69 | -19.04 | -17.35 |
Show Quarterly Income Statement
Income Statement - Navitas Semiconductor Corp (NVTS)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Sep-20 | Jun-20 | Mar-20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 8.60 | 7.30 | 10.11 | 14.49 | 14.02 | 17.98 | 21.68 | 20.47 | 23.18 | 26.06 | 21.98 | 18.06 | 13.36 | 12.35 | 10.24 | 8.61 | 6.74 | 7.34 | 5.63 | 5.45 | 5.32 | 3.50 | 2.52 | 1.18 |
| Cost of revenue | 10.10 | 4.51 | 11.02 | 12.16 | 8.71 | 20.42 | 13.07 | 12.48 | 13.66 | 15.07 | 14.88 | 10.57 | 7.87 | 7.34 | 9.85 | 5.03 | 3.78 | 4.09 | 3.03 | 2.97 | 2.96 | 2.18 | 1.87 | 0.97 |
| Gross profit | -1.50 | 2.78 | -0.90 | 2.33 | 5.31 | -2.44 | 8.61 | 7.99 | 9.52 | 10.99 | 7.10 | 7.49 | 5.49 | 5.01 | 0.39 | 3.59 | 2.96 | 3.25 | 2.60 | 2.48 | 2.36 | 1.32 | 0.65 | 0.21 |
| Total operating expenses | 25.82 | 27.60 | 18.51 | 23.98 | 30.61 | 35.33 | 37.59 | 39.13 | 41.09 | 37.78 | 35.75 | 34.72 | 40.95 | 33.56 | 37.82 | 23.60 | 37.96 | 39.16 | 9.35 | 21.06 | 9.62 | 5.30 | 4.52 | 3.94 |
| Operating income | -27.32 | -24.81 | -19.41 | -21.65 | -25.30 | -37.77 | -28.97 | -31.14 | -31.58 | -26.79 | -28.65 | -27.23 | -35.47 | -28.56 | -37.43 | -20.01 | -34.99 | -35.91 | -6.76 | -18.58 | -7.27 | -3.99 | -3.88 | -3.73 |
| Non-operating income (net) | -6.40 | -7.06 | 0.16 | -27.37 | 8.56 | -2.69 | 10.37 | 8.87 | 27.96 | -6.29 | 36.19 | -31.40 | -26.84 | 10.34 | -5.53 | 54.12 | 114.79 | -83.93 | -0.08 | -0.06 | -0.06 | -0.06 | -0.06 | -0.05 |
| Income before tax | -33.72 | -31.88 | -19.25 | -49.03 | -16.75 | -40.46 | -18.61 | -22.27 | -3.61 | -33.08 | 7.54 | -58.62 | -62.30 | -18.22 | -42.96 | 34.11 | 79.80 | -119.84 | -6.83 | -18.65 | -7.33 | -4.05 | -3.93 | -3.79 |
| Income tax expense | 0.07 | -0.06 | -0.02 | 0.05 | 0.08 | -0.60 | 0.13 | 0.06 | 0.07 | -0.51 | 0.02 | -0.10 | 0.06 | -11.38 | -10.14 | 0.27 | 0.00 | 0.01 | 0.01 | 0.01 | 0.02 | 0.01 | ||
| Net income | -33.79 | -31.82 | -19.23 | -49.08 | -16.83 | -39.86 | -18.73 | -22.33 | -3.68 | -32.58 | 7.52 | -58.53 | -61.85 | -6.06 | -32.59 | 33.84 | 79.79 | -119.85 | -6.84 | -18.65 | -7.35 | -4.05 | -3.93 | -3.79 |