Wolfspeed Q1 FY2027: $155M Revenue, $143.8M Net Loss, Cash Falls to $995.1M
WOLF sits 47% above its 52-week low of $13.485.
Summary
Wolfspeed's fiscal Q1 2027 revenue of $155.0 million beat the guidance midpoint, but the quarter carried a $143.8 million net loss and $84.2 million of operating cash burn, leaving $995.1 million of cash and investments against a $350 million minimum liquidity covenant.
Key Events · Earnings and Guidance · WOLF
-
Q1 Revenue Beats Guidance Midpoint
Revenue of $155.0 million versus $196.8 million a year earlier, above the midpoint of guidance; Power Products fell 11.4% to $116.8 million and Materials Products fell 41.2% to $38.2 million.
-
Net Loss of $143.8 Million
Gross loss narrowed to $34.0 million from $77.1 million, but interest expense of $40.0 million and $14.3 million of restructuring costs drove a $143.8 million net loss, or $2.61 per share.
-
Cash Falls to $995.1 Million
Cash, equivalents and short-term investments declined $93.5 million to $995.1 million from $1,088.6 million at June 28, 2026, with $84.2 million used in operations versus $5.7 million provided a year earlier.
-
Liquidity Covenant and Debt Load
Total debt principal outstanding is $1,772.0 million, and the New Senior Secured Notes require at least $350 million of unrestricted cash at each month-end; the company said it was in compliance with all covenants.
Analysis · WOLF · Manufacturing
Revenue of $155.0 million came in above the midpoint of guidance, yet the quarter still produced a $143.8 million net loss and $84.2 million of operating cash burn. Cash and investments fell to $995.1 million from $1,088.6 million at fiscal year-end, against a $350 million minimum liquidity covenant on the new secured notes. With the post-bankruptcy debt stack now paying cash, interest expense jumped to $40.0 million from $0.7 million a year ago. The $1.5 billion Department of War loan commitment disclosed October 7 remains conditional on raising at least $750 million of qualifying capital and equitizing a substantial majority of the convertible notes, so the balance sheet still depends on outside funding.
How filings like this one have moved
In the 30 days to Nov 6, 2026, 35.2% of the 2653 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was 0.00%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, WOLF was trading at $19.88 on NYSE in the Manufacturing sector, with a market capitalization of approximately $1.1B. The 52-week trading range was $13.49 to $80.82. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.