NVTS
Navitas Semiconductor Corp
NASDAQ: NVTS · TECHNOLOGY · SEMICONDUCTORS
$15.48
+2.38% today
Updated 2026-04-29
Market cap
$3.57B
P/E ratio
—
P/S ratio
77.81x
EPS (TTM)
$-0.57
Dividend yield
—
52W range
$2 – $20
Volume
25.8M
Navitas Semiconductor Corp (NVTS) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $1.69M | $11.85M | $23.74M | $37.94M | $79.46M | $83.30M | $45.92M |
| Revenue growth (YoY) | — | +602.4% | +100.3% | +59.9% | +109.4% | +4.8% | -44.9% |
| Cost of revenue | $1.17M | $8.13M | $13.05M | $26.00M | $48.39M | $54.96M | $31.67M |
| Gross profit | $520000.00 | $3.71M | $10.69M | $11.95M | $31.06M | $28.34M | $14.25M |
| Gross margin | 30.8% | 31.4% | 45.0% | 31.5% | 39.1% | 34.0% | 31.0% |
| R&D | $11.14M | $13.05M | $27.48M | $50.32M | $68.83M | $76.00M | $49.83M |
| SG&A | $5.82M | $9.47M | $51.37M | $79.41M | $62.39M | $62.86M | $35.20M |
| Operating income | $-17.09M | $-18.80M | $-68.51M | $-123.64M | $-118.13M | $-130.68M | $-87.25M |
| Operating margin | -1013.3% | -158.7% | -288.6% | -325.8% | -148.7% | -156.9% | -190.0% |
| EBITDA | $-16.71M | $-18.29M | $-67.75M | $-115.80M | $-97.15M | $-66.80M | $-93.65M |
| EBITDA margin | -990.5% | -154.4% | -285.4% | -305.2% | -122.3% | -80.2% | -204.0% |
| EBIT | $-17.09M | $-18.80M | $-68.51M | $-123.64M | $-118.13M | $-88.70M | $-116.04M |
| Interest expense | $0.00 | $240000.00 | $279000.00 | $1.39M | — | $150000.00 | $863000.00 |
| Income tax | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-17.35M | $-19.04M | $-152.69M | $73.91M | $-145.43M | $-84.60M | $-116.95M |
| Net income growth (YoY) | — | -9.8% | -701.7% | +148.4% | -296.8% | +41.8% | -38.2% |
| Profit margin | -1028.4% | -160.7% | -643.3% | 194.8% | -183.0% | -101.6% | -254.7% |