SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EARNINGS ARTICLE L impact

Wolfspeed fiscal 2026 AI data center revenue more than doubles

Wolfspeed said AI data center revenue more than doubled year-over-year in fiscal 2026 and rose about 20% sequentially in the fourth quarter, while Q4 adjusted EPS was $(2.26) versus $(2.45) estimated and sales were $149.600 million versus $224.475 million estimated.

WOLF

Story updates

08:11:17 PM UTC
SquawkNews
WOLF - Wolfspeed Reports Financial Results for the Fourth Quarter of Fiscal 2026

WOLF AI data center revenue more than doubled year-over-year in fiscal 2026 and increased approximately 20% sequentially in the fourth quarter, demonstrating the long-term potential of this moderate but growing opportunity.

Launched fifth-generation SiC MOSFET, representing a significant advancement in the Company's technology roadmap.

10kV MOSFET named "Top Innovation" at the 2026 Power Conversion and Intelligent Motion conference and announced Memorandum of Understanding with GE Aerospace.

Launched a dedicated data center solutions team, based in Silicon Valley, to capitalize on and supplement growth in our fastest growing end market and a strategic collaboration with LITEON Technology.

Appointed Andy Mattes, experienced public technology company executive, to the Board of Directors.

Wolfspeed Q4 Adj.

EPS $(2.26) Beats $(2.45) Estimate, Sales $149.600M Miss $224.475M Estimate