Navitas Semiconductor (NVTS) Financials

$5.88 -0.16 (-2.65%)

As of 04:00 PM Eastern

Annual Income Statements for Navitas Semiconductor

This table shows Navitas Semiconductor's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	-19	-153	74	-145	-85
Consolidated Net Income / (Loss)	-19	-153	73	-146	-85
Net Income / (Loss) Continuing Operations	-19	-153	73	-146	-85
Total Pre-Tax Income	-19	-153	50	-146	-89
Total Operating Income	-19	-69	-124	-118	-131
Total Gross Profit	3.72	11	12	31	28
Total Revenue	12	24	38	79	83
Operating Revenue	12	24	38	79	83
Total Cost of Revenue	8.13	13	26	48	55
Operating Cost of Revenue	8.13	13	26	48	55
Total Operating Expenses	23	79	136	149	159
Selling, General & Admin Expense	9.47	51	78	62	63
Research & Development Expense	13	27	50	69	76
Amortization Expense	-	0.35	6.91	19	19
Restructuring Charge	-	-	-	0.00	1.22
Total Other Income / (Expense), net	-0.24	-84	174	-28	42
Interest & Investment Income	-0.24	-0.26	1.39	5.37	5.08
Other Income / (Expense), net	0.00	-84	172	-34	37
Income Tax Expense	0.01	0.05	-23	-0.52	-0.34
Other Gains / (Losses), net	-	-	-	0.00	3.91
Net Income / (Loss) Attributable to Noncontrolling Interest	-	0.00	-1.03	-0.52	0.00
Basic Earnings per Share	($1.17)	($3.90)	$0.55	($0.86)	($0.46)
Weighted Average Basic Shares Outstanding	16.25M	39.17M	133.67M	168.93M	182.46M
Diluted Earnings per Share	($1.17)	($3.90)	$0.51	($0.86)	($0.46)
Weighted Average Diluted Shares Outstanding	16.25M	39.17M	145.74M	168.93M	182.46M
Weighted Average Basic & Diluted Shares Outstanding	-	122.86M	160.89M	179.25M	190.53M

This table shows Navitas Semiconductor's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025
Net Income / (Loss) Attributable to Common Shareholders	-7.13	-62	-59	7.52	-33	0.00	0.00	-19	-40	0.00	0.00
Consolidated Net Income / (Loss)	-7.91	-62	-59	7.52	-33	-3.68	-22	-19	-40	-17	-49
Net Income / (Loss) Continuing Operations	-7.91	-62	-59	7.52	-33	-3.68	-22	-19	-40	-17	-49
Total Pre-Tax Income	-21	-62	-59	7.54	-33	-3.61	-22	-19	-44	-16	-49
Total Operating Income	-31	-35	-27	-29	-27	-32	-31	-29	-39	-25	-22
Total Gross Profit	5.01	5.49	7.49	7.10	11	9.52	7.99	8.61	2.22	5.31	2.33
Total Revenue	12	13	18	22	26	23	20	22	18	14	14
Operating Revenue	12	13	18	22	26	23	20	22	18	14	14
Total Cost of Revenue	7.34	7.87	11	15	15	14	12	13	16	8.71	12
Operating Cost of Revenue	7.34	7.87	11	15	15	14	12	13	16	8.71	12
Total Operating Expenses	36	41	35	36	38	41	39	38	41	31	24
Selling, General & Admin Expense	16	19	13	14	15	16	15	15	16	12	7.75
Research & Development Expense	16	17	17	17	18	20	19	18	19	13	11
Amortization Expense	4.50	4.50	4.77	4.77	4.77	4.77	4.77	4.72	4.66	4.73	4.73
Restructuring Charge	-	-	-	-	-	0.00	0.00	-	-	1.47	0.00
Total Other Income / (Expense), net	10	-27	-31	36	-6.29	28	8.87	10	-5.37	8.84	-27
Interest & Investment Income	0.72	0.90	0.81	1.70	1.96	1.68	1.29	1.17	0.94	0.71	0.78
Other Income / (Expense), net	9.62	-28	-32	34	-8.25	26	7.58	9.20	-6.31	8.13	-28
Income Tax Expense	-13	0.06	-0.10	0.02	-0.51	0.07	0.06	0.13	-0.60	0.08	0.05
Other Gains / (Losses), net	-	-	-	-	-	0.00	0.00	-	-	-0.28	-0.23
Net Income / (Loss) Attributable to Noncontrolling Interest	-0.79	-0.52	0.00	0.00	-	0.00	0.00	0.00	-	0.00	0.00
Basic Earnings per Share	($0.15)	($0.39)	($0.35)	$0.04	($0.16)	($0.02)	($0.12)	($0.10)	($0.22)	($0.09)	($0.25)
Weighted Average Basic Shares Outstanding	133.67M	156.79M	165.61M	175.10M	168.93M	179.78M	183.13M	184.67M	182.46M	187.78M	198.96M
Diluted Earnings per Share	($0.12)	($0.39)	($0.35)	$0.04	($0.16)	($0.02)	($0.12)	($0.10)	($0.22)	($0.09)	($0.25)
Weighted Average Diluted Shares Outstanding	145.74M	156.79M	165.61M	185.63M	168.93M	179.78M	183.13M	184.67M	182.46M	187.78M	198.96M
Weighted Average Basic & Diluted Shares Outstanding	160.89M	160.93M	173.72M	178.49M	179.25M	183.10M	183.46M	186.80M	190.53M	191.81M	213.11M

This table details how cash moves in and out of Navitas Semiconductor's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	33	229	-158	43	-65
Net Cash From Operating Activities	-21	-42	-44	-41	-59
Net Cash From Continuing Operating Activities	-21	-42	-44	-41	-59
Net Income / (Loss) Continuing Operations	-19	-153	73	-146	-85
Consolidated Net Income / (Loss)	-19	-153	73	-146	-85
Depreciation Expense	0.34	0.41	0.98	2.16	2.97
Amortization Expense	0.20	-0.04	6.88	19	19
Non-Cash Adjustments To Reconcile Net Income	1.07	125	-105	87	4.59
Changes in Operating Assets and Liabilities, net	-3.19	-15	-21	-3.59	-0.71
Net Cash From Investing Activities	-0.22	-3.47	-108	-5.78	-9.27
Net Cash From Continuing Investing Activities	-0.22	-3.47	-108	-5.78	-9.27
Purchase of Property, Plant & Equipment	-0.22	-2.07	-4.64	-4.78	-6.77
Purchase of Investments	0.00	-	0.00	-1.00	-2.50
Net Cash From Financing Activities	54	275	-5.81	90	3.50
Net Cash From Continuing Financing Activities	54	275	-5.81	90	3.50
Repurchase of Common Equity	0.00	-25	-0.59	-0.48	0.00
Issuance of Common Equity	0.03	0.52	1.71	90	3.50
Cash Income Taxes Paid	0.00	0.03	0.19	0.16	0.30

This table details how cash moves in and out of Navitas Semiconductor's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025
Net Change in Cash & Equivalents	-14	-9.51	77	-1.05	-24	-23	-18	-13	-10	-13	86
Net Cash From Operating Activities	-8.96	-7.92	-9.28	-0.24	-24	-20	-15	-14	-10	-14	-11
Net Cash From Continuing Operating Activities	-8.96	-7.92	-9.28	-0.24	-24	-20	-15	-14	-10	-14	-11
Net Income / (Loss) Continuing Operations	-7.91	-62	-59	7.52	-33	-3.68	-22	-19	-40	-17	-49
Consolidated Net Income / (Loss)	-7.91	-62	-59	7.52	-33	-3.68	-22	-19	-40	-17	-49
Depreciation Expense	0.35	0.51	0.48	0.57	0.61	0.72	0.73	0.75	0.77	0.81	0.87
Amortization Expense	4.46	4.54	4.82	4.69	4.77	4.77	4.77	4.72	4.66	4.73	4.73
Non-Cash Adjustments To Reconcile Net Income	4.51	45	45	-23	20	-12	5.02	4.90	6.73	-0.05	27
Changes in Operating Assets and Liabilities, net	-10	4.40	-1.27	9.80	-17	-9.55	-3.31	-5.36	18	-2.19	4.94
Net Cash From Investing Activities	-1.16	-1.82	-0.89	-1.71	-1.37	-5.40	-2.74	-0.57	-0.56	-0.04	-0.63
Net Cash From Continuing Investing Activities	-1.16	-1.82	-0.89	-1.71	-1.37	-5.40	-2.74	-0.57	-0.56	-0.04	-0.63
Purchase of Property, Plant & Equipment	-1.16	-0.82	-0.89	-1.71	-1.37	-2.90	-2.74	-0.57	-0.56	-0.04	-0.68
Net Cash From Financing Activities	-4.33	0.22	87	0.90	1.45	2.02	0.18	0.91	0.38	0.95	98
Net Cash From Continuing Financing Activities	-4.33	0.22	87	0.90	1.45	2.02	0.18	0.91	0.38	0.95	98
Issuance of Common Equity	0.20	0.22	88	0.90	1.45	2.02	0.18	0.91	0.38	0.95	101
Cash Income Taxes Paid	-0.17	0.01	-0.01	0.06	0.10	0.03	0.09	0.08	0.10	0.06	0.12

This table presents Navitas Semiconductor's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	49	296	425	486	390
Total Current Assets	47	291	142	206	120
Cash & Equivalents	39	268	110	152	87
Accounts Receivable	4.15	8.26	9.13	26	14
Inventories, net	3.40	12	19	22	15
Prepaid Expenses	0.52	2.88	3.62	6.18	4.07
Plant, Property, & Equipment, net	0.72	2.30	6.53	9.15	15
Total Noncurrent Assets	0.84	1.93	277	270	254
Noncurrent Note & Lease Receivables	0.22	0.21	-	-	1.50
Goodwill	-	0.00	162	163	163
Intangible Assets	0.52	0.17	106	91	72
Other Noncurrent Operating Assets	0.10	1.55	9.44	16	17
Total Liabilities & Shareholders' Equity	49	296	425	486	390
Total Liabilities	11	230	41	105	42
Total Current Liabilities	6.37	11	20	48	21
Accounts Payable	3.70	4.86	15	25	11
Current Employee Benefit Liabilities	1.67	2.64	3.91	11	8.62
Other Current Liabilities	-	0.03	1.31	1.89	1.77
Total Noncurrent Liabilities	5.06	219	20	56	21
Capital Lease Obligations	-	-	-	-	0.00
Noncurrent Deferred & Payable Income Tax Liabilities	-	0.00	1.82	1.04	0.44
Other Noncurrent Operating Liabilities	0.09	216	18	55	20
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-72	66	385	381	348
Total Preferred & Common Equity	-72	66	381	381	348
Total Common Equity	-72	66	381	381	348
Common Stock	3.56	294	536	681	733
Retained Earnings	-76	-229	-155	-300	-385
Accumulated Other Comprehensive Income / (Loss)	-0.00	-0.00	-0.01	-0.01	-0.01

This table presents Navitas Semiconductor's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q2 2022	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025
Period end date	6/30/2022	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025
Total Assets	286	443	416	499	494	468	439	419	371	449
Total Current Assets	266	156	130	216	215	191	165	145	108	193
Cash & Equivalents	241	125	101	178	177	130	112	99	75	161
Accounts Receivable	9.41	11	7.42	15	18	22	23	21	12	12
Inventories, net	14	17	19	19	16	33	25	21	16	15
Prepaid Expenses	2.34	3.39	2.88	4.29	4.51	6.02	4.75	4.16	4.68	4.08
Plant, Property, & Equipment, net	4.27	5.72	6.84	7.26	8.39	12	13	13	15	15
Total Noncurrent Assets	16	281	279	276	271	265	261	261	248	242
Noncurrent Note & Lease Receivables	-	-	-	-	-	-	-	5.21	0.48	1.08
Goodwill	1.18	160	161	163	163	163	163	163	163	163
Intangible Assets	0.42	110	106	101	96	86	82	77	67	63
Other Noncurrent Operating Assets	14	11	12	12	11	15	16	16	17	15
Total Liabilities & Shareholders' Equity	286	443	416	499	494	468	439	419	371	449
Total Liabilities	39	61	71	116	91	70	51	39	29	61
Total Current Liabilities	16	19	23	36	45	42	29	26	19	23
Accounts Payable	6.30	9.31	14	18	15	24	13	14	14	17
Current Employee Benefit Liabilities	4.91	4.92	7.71	6.71	15	7.59	7.75	8.50	3.27	4.40
Other Current Liabilities	1.17	1.21	2.15	12	1.35	1.86	1.89	1.87	1.77	2.10
Total Noncurrent Liabilities	24	42	48	80	45	28	22	13	9.70	37
Capital Lease Obligations	-	-	-	-	-	-	-	-	-	0.62
Noncurrent Deferred & Payable Income Tax Liabilities	-	13	1.83	1.83	1.83	1.04	1.04	1.04	0.43	0.41
Other Noncurrent Operating Liabilities	22	28	46	78	43	27	21	12	9.27	36
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	247	382	345	383	403	398	388	381	342	389
Total Preferred & Common Equity	247	378	345	383	403	398	388	381	342	389
Total Common Equity	247	378	345	383	403	398	388	381	342	389
Common Stock	362	525	561	659	671	702	714	726	743	840
Retained Earnings	-115	-148	-217	-275	-268	-304	-326	-345	-402	-451
Accumulated Other Comprehensive Income / (Loss)	-0.06	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01

This table displays calculated financial ratios and metrics derived from Navitas Semiconductor's official financial filings.

Metric	2020	2021	2022	2023	2024
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-
Revenue Growth	0.00%	100.32%	59.85%	109.41%	4.84%
EBITDA Growth	0.00%	-732.28%	137.20%	-331.42%	44.95%
EBIT Growth	0.00%	-710.41%	131.95%	-411.86%	38.14%
NOPAT Growth	0.00%	-264.35%	-275.27%	54.05%	-10.62%
Net Income Growth	0.00%	-701.75%	147.74%	-300.24%	42.04%
EPS Growth	0.00%	-233.33%	113.08%	-268.63%	46.51%
Operating Cash Flow Growth	0.00%	-102.18%	-6.71%	7.01%	-42.16%
Free Cash Flow Firm Growth	0.00%	0.00%	-527.67%	94.31%	-235.25%
Invested Capital Growth	0.00%	-4,779.73%	240.15%	-16.65%	14.23%
Revenue Q/Q Growth	0.00%	0.00%	15.22%	20.85%	-8.84%
EBITDA Q/Q Growth	0.00%	0.00%	221.52%	-10.92%	-16.51%
EBIT Q/Q Growth	0.00%	0.00%	198.47%	-9.73%	-12.26%
NOPAT Q/Q Growth	0.00%	0.00%	-100.31%	3.59%	-10.29%
Net Income Q/Q Growth	0.00%	0.00%	286.67%	-20.34%	-9.42%
EPS Q/Q Growth	0.00%	0.00%	131.10%	-4.88%	-15.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	15.15%	-56.73%	17.49%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	26.87%	10.45%
Invested Capital Q/Q Growth	0.00%	0.00%	4.81%	0.91%	-7.42%
Profitability Metrics	-	-	-	-	-
Gross Margin	31.35%	45.02%	31.49%	39.10%	34.02%
EBITDA Margin	-154.14%	-640.41%	149.02%	-164.69%	-86.48%
Operating Margin	-158.69%	-288.62%	-325.85%	-148.68%	-156.87%
EBIT Margin	-158.69%	-641.98%	128.32%	-191.09%	-112.76%
Profit (Net Income) Margin	-160.72%	-643.26%	192.10%	-183.69%	-101.56%
Tax Burden Percent	100.03%	100.03%	145.56%	99.65%	95.22%
Interest Burden Percent	101.26%	100.17%	102.85%	96.46%	94.59%
Effective Tax Rate	0.00%	0.00%	-45.56%	0.00%	0.00%
Return on Invested Capital (ROIC)	-314.58%	0.00%	-457.78%	-32.87%	-37.34%
ROIC Less NNEP Spread (ROIC-NNEP)	-296.70%	0.00%	-593.84%	15.38%	-43.10%
Return on Net Nonoperating Assets (RNNOA)	263.23%	0.00%	490.15%	-5.27%	14.11%
Return on Equity (ROE)	-51.36%	-297.58%	32.37%	-38.14%	-23.22%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	-236.93%	-14.71%	-50.62%
Operating Return on Assets (OROA)	-38.76%	-88.57%	13.51%	-33.34%	-21.46%
Return on Assets (ROA)	-39.26%	-88.74%	20.22%	-32.05%	-19.33%
Return on Common Equity (ROCE)	100.30%	19.97%	32.11%	-37.96%	-23.22%
Return on Equity Simple (ROE_SIMPLE)	26.30%	-232.98%	19.12%	-38.35%	-24.31%
Net Operating Profit after Tax (NOPAT)	-13	-48	-180	-83	-91
NOPAT Margin	-111.08%	-202.04%	-474.29%	-104.07%	-109.81%
Net Nonoperating Expense Percent (NNEP)	-17.88%	-71.19%	136.06%	-48.25%	5.76%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-21.73%	-26.28%
Cost of Revenue to Revenue	68.65%	54.98%	68.51%	60.90%	65.98%
SG&A Expenses to Revenue	79.91%	216.44%	206.50%	77.47%	75.46%
R&D to Revenue	110.13%	115.75%	132.61%	86.62%	91.24%
Operating Expenses to Revenue	190.04%	333.65%	357.34%	187.77%	190.89%
Earnings before Interest and Taxes (EBIT)	-19	-152	49	-152	-94
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-18	-152	57	-131	-72
Valuation Ratios	-	-	-	-	-
Price to Book Value (P/BV)	0.00	30.56	1.41	3.78	1.92
Price to Tangible Book Value (P/TBV)	0.00	30.64	4.73	11.40	5.92
Price to Revenue (P/Rev)	18.57	84.37	14.19	18.13	8.01
Price to Earnings (P/E)	0.00	0.00	7.29	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	13.72%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	70.89	0.00	1.57	5.63	2.22
Enterprise Value to Revenue (EV/Rev)	25.03	73.36	11.38	16.22	6.96
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	7.64	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	8.87	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	11.45	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-
Debt to Equity	0.16	0.11	0.00	0.00	0.00
Long-Term Debt to Equity	0.13	0.06	0.00	0.00	0.00
Financial Leverage	-0.89	-2.87	-0.83	-0.34	-0.33
Leverage Ratio	1.31	3.35	1.60	1.19	1.20
Compound Leverage Factor	1.32	3.36	1.65	1.15	1.14
Debt to Total Capital	13.87%	9.55%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	2.32%	4.42%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	11.55%	5.13%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	254.35%	0.00%	0.94%	0.00%	0.00%
Common Equity to Total Capital	-168.22%	90.45%	99.06%	100.00%	100.00%
Debt to EBITDA	-0.33	-0.05	0.00	0.00	0.00
Net Debt to EBITDA	1.80	1.72	0.00	0.00	0.00
Long-Term Debt to EBITDA	-0.27	-0.02	0.00	0.00	0.00
Debt to NOPAT	-0.45	-0.14	0.00	0.00	0.00
Net Debt to NOPAT	2.50	5.45	0.00	0.00	0.00
Long-Term Debt to NOPAT	-0.38	-0.08	0.00	0.00	0.00
Altman Z-Score	9.33	3.66	8.28	6.89	7.88
Noncontrolling Interest Sharing Ratio	295.31%	106.71%	0.81%	0.47%	0.00%
Liquidity Ratios	-	-	-	-	-
Current Ratio	7.37	27.16	6.98	4.25	5.69
Quick Ratio	6.76	25.78	5.87	3.67	4.76
Cash Flow Metrics	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	152	-650	-37	-124
Operating Cash Flow to CapEx	-9,248.88%	-2,016.44%	-958.16%	-865.31%	-868.75%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-
Asset Turnover	0.24	0.14	0.11	0.17	0.19
Accounts Receivable Turnover	2.85	3.82	4.36	4.54	4.18
Inventory Turnover	2.39	1.70	1.68	2.34	2.92
Fixed Asset Turnover	16.41	15.70	8.59	10.13	6.78
Accounts Payable Turnover	2.20	3.05	2.66	2.46	3.10
Days Sales Outstanding (DSO)	127.90	95.46	83.64	80.36	87.28
Days Inventory Outstanding (DIO)	152.75	215.11	217.90	155.74	125.22
Days Payable Outstanding (DPO)	165.94	119.68	136.99	148.56	117.85
Cash Conversion Cycle (CCC)	114.71	190.89	164.56	87.53	94.64
Capital & Investment Metrics	-	-	-	-	-
Invested Capital	4.18	-196	274	229	261
Invested Capital Turnover	2.83	-0.25	0.97	0.32	0.34
Increase / (Decrease) in Invested Capital	0.00	-200	470	-46	33
Enterprise Value (EV)	297	1,741	432	1,289	580
Market Capitalization	220	2,003	539	1,440	667
Book Value per Share	($4.46)	$0.56	$2.48	$2.13	$1.86
Tangible Book Value per Share	($4.49)	$0.56	$0.74	$0.71	$0.60
Total Capital	43	72	385	381	348
Total Debt	5.97	6.92	0.00	0.00	0.00
Total Long-Term Debt	4.97	3.72	0.00	0.00	0.00
Net Debt	-33	-261	-110	-152	-87
Capital Expenditures (CapEx)	0.22	2.07	4.64	4.78	6.77
Debt-free, Cash-free Net Working Capital (DFCFNWC)	2.71	16	11	5.78	12
Debt-free Net Working Capital (DFNWC)	42	284	122	158	99
Net Working Capital (NWC)	41	281	122	158	99
Net Nonoperating Expense (NNE)	5.88	105	-253	63	-6.87
Net Nonoperating Obligations (NNO)	-33	-261	-110	-152	-87
Total Depreciation and Amortization (D&A)	0.54	0.37	7.86	21	22
Debt-free, Cash-free Net Working Capital to Revenue	22.89%	65.68%	30.20%	7.28%	14.87%
Debt-free Net Working Capital to Revenue	350.92%	1,195.83%	321.00%	198.44%	118.99%
Net Working Capital to Revenue	342.48%	1,182.35%	321.00%	198.44%	118.99%
Earnings Adjustments	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	($3.90)	$0.55	$0.00	($0.46)
Adjusted Weighted Average Basic Shares Outstanding	0.00	39.17M	133.67M	0.00	182.46M
Adjusted Diluted Earnings per Share	$0.00	($3.90)	$0.51	$0.00	($0.46)
Adjusted Weighted Average Diluted Shares Outstanding	0.00	39.17M	145.74M	0.00	182.46M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	122.86M	160.89M	0.00	190.53M
Normalized Net Operating Profit after Tax (NOPAT)	-13	-48	-87	-83	-91
Normalized NOPAT Margin	-111.08%	-202.04%	-228.09%	-104.07%	-108.78%
Pre Tax Income Margin	-160.68%	-643.07%	131.97%	-184.34%	-106.66%
Debt Service Ratios	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	-16.35%	0.81%	-0.33%	0.00%

This table displays calculated financial ratios and metrics derived from Navitas Semiconductor's official financial filings.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	68.29%	98.19%	109.76%	114.57%	111.01%	73.49%	13.32%	-1.35%	-31.01%	-39.51%	-29.21%
EBITDA Growth	86.00%	-172.67%	-257.51%	127.03%	-76.82%	100.35%	66.65%	-228.87%	-34.42%	-5,830.05%	-143.57%
EBIT Growth	81.97%	-179.19%	-274.51%	113.41%	-62.37%	91.63%	60.36%	-438.22%	-29.27%	-224.45%	-110.48%
NOPAT Growth	13.11%	29.05%	4.02%	-9.00%	14.12%	10.97%	-14.37%	28.98%	-45.51%	19.86%	30.46%
Net Income Growth	93.40%	-178.16%	-272.97%	122.90%	-311.65%	94.10%	61.85%	-349.10%	-22.35%	-357.19%	-119.79%
EPS Growth	94.71%	-163.93%	-234.62%	116.67%	-33.33%	94.87%	65.71%	-350.00%	-37.50%	-350.00%	-108.33%
Operating Cash Flow Growth	47.01%	25.29%	-19.22%	98.58%	-167.15%	-149.79%	-63.02%	-5,525.00%	57.43%	31.59%	25.74%
Free Cash Flow Firm Growth	0.00%	-232.30%	-215.71%	109.76%	105.48%	85.29%	56.70%	-1,243.88%	-322.13%	65.28%	135.39%
Invested Capital Growth	240.15%	608.49%	1,658.28%	-13.44%	-16.65%	10.03%	34.25%	24.51%	14.23%	-0.58%	-17.31%
Revenue Q/Q Growth	20.56%	8.17%	35.21%	21.68%	18.56%	-11.06%	-11.68%	5.93%	-17.08%	-22.03%	3.37%
EBITDA Q/Q Growth	59.17%	-246.72%	6.93%	120.51%	-367.11%	100.68%	-8,994.09%	20.74%	-178.62%	70.83%	-278.06%
EBIT Q/Q Growth	50.49%	-192.83%	5.98%	109.84%	-699.40%	84.90%	-345.04%	16.05%	-129.09%	62.09%	-188.71%
NOPAT Q/Q Growth	16.64%	-13.67%	23.24%	-49.86%	34.32%	-17.84%	1.39%	6.95%	-34.57%	35.10%	14.43%
Net Income Q/Q Growth	75.89%	-688.03%	6.15%	112.85%	-533.28%	88.70%	-506.57%	16.11%	-112.81%	57.78%	-191.61%
EPS Q/Q Growth	50.00%	-225.00%	10.26%	111.43%	-500.00%	87.50%	-500.00%	16.67%	-120.00%	59.09%	-177.78%
Operating Cash Flow Q/Q Growth	47.77%	11.61%	-17.15%	97.37%	-9,710.25%	17.35%	23.55%	9.26%	25.76%	-32.81%	17.00%
Free Cash Flow Firm Q/Q Growth	-624.58%	35.67%	32.70%	103.11%	306.34%	-272.81%	-98.11%	17.77%	21.10%	72.99%	301.91%
Invested Capital Q/Q Growth	4.81%	-11.17%	-15.63%	10.20%	0.91%	17.27%	2.93%	2.21%	-7.42%	2.07%	-14.39%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	40.55%	41.06%	41.47%	32.31%	42.17%	41.06%	39.04%	39.72%	12.36%	37.86%	16.07%
EBITDA Margin	-135.85%	-435.43%	-299.71%	50.53%	-113.83%	0.88%	-88.21%	-66.01%	-221.79%	-82.98%	-303.49%
Operating Margin	-252.65%	-265.50%	-150.73%	-130.34%	-102.83%	-136.25%	-152.13%	-133.63%	-216.88%	-180.51%	-149.43%
EBIT Margin	-174.79%	-473.18%	-329.03%	26.60%	-134.50%	-22.84%	-115.09%	-91.21%	-252.00%	-122.51%	-342.17%
Profit (Net Income) Margin	-64.09%	-466.87%	-324.03%	34.21%	-125.02%	-15.88%	-109.09%	-86.39%	-221.72%	-120.05%	-338.68%
Tax Burden Percent	37.93%	100.10%	99.84%	99.70%	98.47%	101.94%	100.27%	100.67%	89.85%	102.20%	100.56%
Interest Burden Percent	96.66%	98.57%	98.64%	128.99%	94.40%	68.22%	94.53%	94.08%	97.92%	95.89%	98.43%
Effective Tax Rate	0.00%	0.00%	0.00%	0.31%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-170.70%	-84.58%	-52.44%	-34.98%	-22.73%	-33.26%	-40.53%	-33.60%	-51.62%	-35.03%	-28.27%
ROIC Less NNEP Spread (ROIC-NNEP)	-178.19%	-63.03%	-33.32%	-59.28%	-12.19%	-49.24%	-40.16%	-34.72%	-41.09%	-35.89%	-3.38%
Return on Net Nonoperating Assets (RNNOA)	147.08%	40.36%	21.83%	22.41%	4.18%	15.29%	15.08%	12.19%	13.46%	9.94%	1.19%
Return on Equity (ROE)	-23.62%	-44.22%	-30.61%	-12.57%	-18.56%	-17.97%	-25.45%	-21.41%	-38.16%	-25.09%	-27.09%
Cash Return on Invested Capital (CROIC)	-236.93%	-155.30%	-263.06%	-20.71%	-14.71%	-40.79%	-63.58%	-54.43%	-50.62%	-31.98%	-12.94%
Operating Return on Assets (OROA)	-18.40%	-60.00%	-45.25%	3.73%	-23.47%	-4.61%	-22.49%	-18.25%	-47.95%	-21.66%	-52.50%
Return on Assets (ROA)	-6.75%	-59.20%	-44.56%	4.80%	-21.81%	-3.21%	-21.32%	-17.29%	-42.19%	-21.23%	-51.97%
Return on Common Equity (ROCE)	-23.43%	-44.22%	-30.61%	-12.50%	-18.47%	-17.97%	-25.45%	-21.41%	-38.16%	-25.09%	-27.09%
Return on Equity Simple (ROE_SIMPLE)	0.00%	-20.10%	-42.16%	-30.07%	0.00%	-21.93%	-13.16%	-20.30%	0.00%	-28.60%	0.00%
Net Operating Profit after Tax (NOPAT)	-22	-25	-19	-29	-19	-22	-22	-20	-27	-18	-15
NOPAT Margin	-176.86%	-185.85%	-105.51%	-129.94%	-71.98%	-95.37%	-106.49%	-93.54%	-151.81%	-126.36%	-104.60%
Net Nonoperating Expense Percent (NNEP)	7.49%	-21.54%	-19.12%	24.30%	-10.54%	15.98%	-0.37%	1.13%	-10.53%	0.86%	-24.89%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-4.93%	-5.55%	-	-	-7.84%	-5.18%	-3.89%
Cost of Revenue to Revenue	59.45%	58.94%	58.53%	67.70%	57.83%	58.94%	60.96%	60.28%	87.64%	62.14%	83.93%
SG&A Expenses to Revenue	127.65%	142.67%	72.81%	65.61%	57.27%	69.42%	75.15%	69.37%	90.97%	83.75%	53.49%
R&D to Revenue	129.12%	130.21%	92.96%	75.32%	69.41%	87.29%	92.69%	82.23%	105.54%	90.37%	79.34%
Operating Expenses to Revenue	293.21%	306.57%	192.20%	162.64%	145.00%	177.30%	191.16%	173.35%	229.24%	218.37%	165.50%
Earnings before Interest and Taxes (EBIT)	-22	-63	-59	5.85	-35	-5.29	-24	-20	-45	-17	-50
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-17	-58	-54	11	-30	0.20	-18	-14	-40	-12	-44
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.41	3.26	4.42	2.99	3.78	2.15	1.85	1.18	1.92	1.14	3.23
Price to Tangible Book Value (P/TBV)	4.73	14.46	14.21	8.39	11.40	5.76	5.02	3.19	5.92	3.51	7.71
Price to Revenue (P/Rev)	14.19	25.17	31.40	18.36	18.13	9.58	7.85	4.92	8.01	5.27	18.43
Price to Earnings (P/E)	7.29	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	13.72%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.57	4.19	7.38	4.55	5.63	2.70	2.20	1.24	2.22	1.18	4.80
Enterprise Value to Revenue (EV/Rev)	11.38	22.91	28.11	15.68	16.22	8.13	6.63	3.84	6.96	4.25	16.07
Enterprise Value to EBITDA (EV/EBITDA)	7.64	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	8.87	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.83	-0.64	-0.66	-0.38	-0.34	-0.31	-0.38	-0.35	-0.33	-0.28	-0.35
Leverage Ratio	1.60	1.29	1.25	1.19	1.19	1.19	1.22	1.16	1.20	1.13	1.14
Compound Leverage Factor	1.55	1.27	1.23	1.54	1.12	0.81	1.15	1.10	1.18	1.09	1.13
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.16%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.16%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.94%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	99.06%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	99.84%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.01
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.46
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.01
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.01
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	2.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.01
Altman Z-Score	7.73	8.61	8.17	7.82	7.69	6.96	7.84	6.24	8.29	6.90	11.28
Noncontrolling Interest Sharing Ratio	0.81%	0.00%	0.00%	0.56%	0.47%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	6.98	5.54	6.01	4.73	4.25	4.55	5.68	5.59	5.69	5.61	8.23
Quick Ratio	5.87	4.61	5.37	4.28	3.67	3.62	4.65	4.61	4.76	4.53	7.41
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-492	-317	-213	6.63	27	-47	-92	-76	-60	-16	33
Operating Cash Flow to CapEx	-773.08%	-971.78%	-1,043.64%	-14.30%	-1,744.68%	-682.64%	-551.81%	-2,407.89%	-1,813.17%	-33,007.32%	-1,654.20%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.11	0.13	0.14	0.14	0.17	0.20	0.20	0.20	0.19	0.18	0.15
Accounts Receivable Turnover	4.36	5.23	4.40	4.62	4.54	6.03	4.85	4.73	4.18	4.28	3.88
Inventory Turnover	1.68	1.88	2.17	2.47	2.34	2.08	2.55	2.92	2.92	2.03	2.47
Fixed Asset Turnover	8.59	9.57	9.38	9.32	10.13	9.59	8.94	8.52	6.78	5.60	4.91
Accounts Payable Turnover	2.66	3.20	2.97	3.37	2.46	2.85	3.64	3.82	3.10	2.58	3.31
Days Sales Outstanding (DSO)	83.64	69.80	82.99	78.92	80.36	60.56	75.31	77.22	87.28	85.23	94.12
Days Inventory Outstanding (DIO)	217.90	194.09	168.43	147.87	155.74	175.33	143.35	125.04	125.22	179.67	147.93
Days Payable Outstanding (DPO)	136.99	114.17	122.82	108.17	148.56	128.20	100.21	95.45	117.85	141.30	110.31
Cash Conversion Cycle (CCC)	164.56	149.72	128.60	118.62	87.53	107.68	118.45	106.81	94.64	123.60	131.73
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	274	244	206	227	229	268	276	282	261	267	228
Invested Capital Turnover	0.97	0.46	0.50	0.27	0.32	0.35	0.38	0.36	0.34	0.28	0.27
Increase / (Decrease) in Invested Capital	470	292	194	-35	-46	24	70	56	33	-1.55	-48
Enterprise Value (EV)	432	1,021	1,518	1,031	1,289	725	608	351	580	315	1,096
Market Capitalization	539	1,122	1,696	1,207	1,440	855	720	449	667	391	1,256
Book Value per Share	$2.48	$2.25	$2.38	$2.32	$2.13	$2.22	$2.12	$2.08	$1.86	$1.79	$2.03
Tangible Book Value per Share	$0.74	$0.51	$0.74	$0.83	$0.71	$0.83	$0.78	$0.77	$0.60	$0.58	$0.85
Total Capital	385	345	383	403	381	398	388	381	348	342	389
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.62
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.62
Net Debt	-110	-101	-178	-177	-152	-130	-112	-99	-87	-75	-161
Capital Expenditures (CapEx)	1.16	0.82	0.89	1.71	1.37	2.90	2.74	0.57	0.56	0.04	0.68
Debt-free, Cash-free Net Working Capital (DFCFNWC)	11	5.70	2.39	-7.40	5.78	19	24	21	12	14	8.25
Debt-free Net Working Capital (DFNWC)	122	107	180	169	158	149	136	119	99	89	169
Net Working Capital (NWC)	122	107	180	169	158	149	136	119	99	89	169
Net Nonoperating Expense (NNE)	-14	38	39	-36	14	-18	0.53	-1.55	13	-0.88	34
Net Nonoperating Obligations (NNO)	-110	-101	-178	-177	-152	-130	-112	-99	-87	-75	-161
Total Depreciation and Amortization (D&A)	4.81	5.04	5.30	5.26	5.38	5.50	5.50	5.47	5.43	5.54	5.60
Debt-free, Cash-free Net Working Capital to Revenue	30.20%	12.80%	4.42%	-11.25%	7.28%	21.76%	25.78%	22.51%	14.87%	18.69%	12.10%
Debt-free Net Working Capital to Revenue	321.00%	239.06%	333.51%	257.50%	198.44%	167.03%	147.94%	130.43%	118.99%	120.02%	248.56%
Net Working Capital to Revenue	321.00%	239.06%	333.51%	257.50%	198.44%	167.03%	147.94%	130.43%	118.99%	120.02%	248.56%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.15)	($0.39)	($0.35)	$0.04	($0.16)	($0.02)	($0.12)	($0.10)	($0.22)	($0.09)	($0.25)
Adjusted Weighted Average Basic Shares Outstanding	133.67M	156.79M	165.61M	175.10M	168.93M	179.78M	183.13M	184.67M	182.46M	187.78M	198.96M
Adjusted Diluted Earnings per Share	($0.12)	($0.39)	($0.35)	$0.04	($0.16)	($0.02)	($0.12)	($0.10)	($0.22)	($0.09)	($0.25)
Adjusted Weighted Average Diluted Shares Outstanding	145.74M	156.79M	165.61M	185.63M	168.93M	179.78M	183.13M	184.67M	182.46M	187.78M	198.96M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	160.89M	160.93M	173.72M	178.49M	179.25M	183.10M	183.46M	186.80M	190.53M	191.81M	213.11M
Normalized Net Operating Profit after Tax (NOPAT)	-22	-25	-19	-29	-19	-22	-22	-20	-27	-17	-15
Normalized NOPAT Margin	-176.86%	-185.85%	-105.51%	-129.94%	-71.98%	-95.37%	-106.49%	-93.54%	-151.81%	-119.02%	-104.60%
Pre Tax Income Margin	-168.95%	-466.42%	-324.57%	34.32%	-126.96%	-15.58%	-108.79%	-85.81%	-246.76%	-117.47%	-336.80%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.81%	0.00%	-0.30%	-0.40%	-0.33%	0.00%	0.00%	0.00%	0.00%	0.00%	-2.61%

Key Financial Trends

The financial data for Navitas Semiconductor (NASDAQ: NVTS) over the past several years reveals a company experiencing consistent net losses but showing resilience through substantial financing activities and a strong cash position.

Positive Highlights:

Significant increase in cash & cash equivalents from $100.8M at Q1 2023 to $161.2M at Q2 2025, supported by large equity issuances, indicating strong liquidity.
Net cash from financing activities was robust in recent quarters, notably $97.6M in Q2 2025, helping to offset operating cash flow deficits.
Gross profit has generally improved over time, with Q2 2025 gross profit at $2.33M, showing some margin potential despite high costs.
Goodwill remains substantial (around $163.2M) reflecting value from acquisitions and potential for operational growth.
Decrease in amortization expenses since earlier periods, suggesting some intangible assets are aging or being amortized fully, potentially reducing future expenses.
Total equity has grown from approximately $246.9M in Q2 2022 to $388.9M in Q2 2025, indicating strengthening shareholder value despite ongoing losses.

Neutral Observations:

Operating revenue has fluctuated but remains relatively modest for a semiconductor company, with $14.5M reported in Q2 2025.
Operating expenses remain significantly above gross profit, mostly driven by high R&D and SG&A expenses which are typical in a growth-stage tech company.
No restructuring charge in recent quarters, indicating no major corporate restructuring currently impacting the financial results.
Depreciation and capital expenditures are relatively moderate showing steady investment in property, plant, and equipment.

Negative Aspects:

Consistent net losses each quarter over the last several years, with an increasing loss of $49.1M in Q2 2025 compared to $3.7M loss in Q1 2024, reflecting continuing profitability challenges.
Negative operating cash flows persisting across reported periods, e.g., -$11.2M in Q2 2025, indicating underlying operational cash burn.
High research and development expenses (over $11M in Q2 2025), surpassing revenues and impacting earnings.
Large negative 'Other Income / (Expense), net' of -$27.1M in Q2 2025, affecting total pre-tax income adversely.
Total liabilities have increased from $39.4M in Q2 2022 to $60.6M in Q2 2025, raising concerns about leverage and obligations.
Weighted average shares outstanding have increased notably from approximately 125 million in 2022 to around 213 million in mid-2025, indicating dilution of existing shareholders.
Retained earnings remain significantly negative, having worsened from -$115M in Q2 2022 to -$450.7M in Q2 2025, highlighting cumulative losses.

In summary, Navitas Semiconductor is investing heavily in R&D and infrastructure, supported by strong financing activities that have increased cash reserves. However, the company continues to face operational losses and cash flow deficits. Investors should watch for improvement in revenue growth, cost control, and path to profitability.

08/29/25 01:10 PM ETAI Generated. May Contain Errors.

Financials Breakdown Chart

Frequently Asked Questions About Navitas Semiconductor's Financials

When does Navitas Semiconductor's fiscal year end?

According to the most recent income statement we have on file, Navitas Semiconductor's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Navitas Semiconductor's net income changed over the last 4 years?

Navitas Semiconductor's net income appears to be on an upward trend, with a most recent value of -$84.60 million in 2024, rising from -$19.04 million in 2020. The previous period was -$145.95 million in 2023. Find out what analysts predict for Navitas Semiconductor in the coming months.

What is Navitas Semiconductor's operating income?

Navitas Semiconductor's total operating income in 2024 was -$130.68 million, based on the following breakdown:

Total Gross Profit: $28.34 million
Total Operating Expenses: $159.01 million

How has Navitas Semiconductor's revenue changed over the last 4 years?

Over the last 4 years, Navitas Semiconductor's total revenue changed from $11.85 million in 2020 to $83.30 million in 2024, a change of 603.0%.

How much debt does Navitas Semiconductor have?

Navitas Semiconductor's total liabilities were at $41.97 million at the end of 2024, a 60.0% decrease from 2023, and a 267.3% increase since 2020.

How much cash does Navitas Semiconductor have?

In the past 4 years, Navitas Semiconductor's cash and equivalents has ranged from $38.87 million in 2020 to $268.25 million in 2021, and is currently $86.74 million as of their latest financial filing in 2024.

How has Navitas Semiconductor's book value per share changed over the last 4 years?

Over the last 4 years, Navitas Semiconductor's book value per share changed from -4.46 in 2020 to 1.86 in 2024, a change of -141.8%.

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This page (NASDAQ:NVTS) was last updated on 8/29/2025 by MarketBeat.com Staff

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Navitas Semiconductor (NVTS) Financials

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Navitas Semiconductor (NVTS) Financials

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