NVTS Q2 FY2026 earnings: EPS beat by 5.9%, revenue beat by 5.6%
Navitas Semiconductor reported Q2 FY2026. EPS came in at -$0.04 against a -$0.04 consensus, beat by 5.9%. Revenue was $10.5M versus $10.0M expected, beat by 5.6%. Gross margin was 38.7%, up 5610 bps from last quarter.
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The quarter in numbers
| Metric | Actual | Consensus | Surprise |
|---|---|---|---|
| EPS | -$0.04 | -$0.04 | beat by 5.9% |
| Revenue | $10.5M | $10.0M | beat by 5.6% |
| Line | This quarter | QoQ | YoY |
|---|---|---|---|
| Revenue | $10.5M | +22.5% | -27.3% |
| Gross profit | $4.1M | +372.3% | +75.1% |
| Operating income | $-27.2M | +0.5% | -25.6% |
| Net income | $-228.2M | -575.5% | -365.0% |
| Diluted EPS | -$1.11 | -640.0% | -344.0% |
| Gross margin: 38.7%. |
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The trend
Revenue is down 27.3% from the same quarter last year. Gross margin sits at 38.7%, 100 bps off its 8-quarter high.
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How it stacks up
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