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WOLF - Wolfspeed, Inc.

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Wolfspeed, Inc.

WOLF

NYSE

Wolfspeed, Inc. provides silicon carbide and gallium nitride (GaN) materials, power devices, and radio frequency (RF) devices based on wide bandgap semiconductor materials and silicon. The company's silicon carbide and GaN materials comprise silicon carbide bare wafers, epitaxial wafers, and GaN epitaxial layers on silicon carbide wafers. It offers silicon carbide materials for customers to manufacture products for RF, power, and other applications. The company's power devices include silicon carbide Schottky diodes, metal oxide semiconductor field effect transistors (MOSFETs), power modules, and gate driver boards for customers and distributors to use in applications, such as electric vehicles comprising charging infrastructure, server power supplies, solar inverters, uninterruptible power supplies, industrial power supplies, and other applications. Its RF devices comprise GaN-based die, high-electron mobility transistors, monolithic microwave integrated circuits, and laterally diffused MOSFET power transistors for telecommunications infrastructure, military, and other commercial applications. The company's products are also used in transportation, fast charging, wireless systems, 5G, motor drives, renewable energy and storage, and aerospace and defense applications; and materials products and RF devices are used in military communications, radar, satellite, and telecommunication applications. It serves customers in North America, Asia, and Europe. The company was formerly known as Cree, Inc. and changed its name to Wolfspeed, Inc. in October 2021. Wolfspeed, Inc. was founded in 1987 and is headquartered in Durham, North Carolina.

4.46 USD

0.86 (19.28%)

WOLF Financial Statements

Year

2024

2023

2022

2021

CF from Operating Activities

-725.6M

-142.6M

-154.2M

-125.5M

Net Income

-573.6M

-329.9M

-295.1M

-341.3M

Depreciation & Amortization

181M

164M

129.8M

120.9M

Deferred Income Taxes

200k

500k

700k

900k

Stock Based Compensation

84.9M

81.9M

60.9M

53.2M

Change in Working Capital

-347.4M

-65.7M

-102.2M

-53.9M

Accounts Receivable

7.4M

-4.6M

-54.3M

-23.5M

Inventory

-152.3M

-97.5M

-68.8M

-44.6M

Accounts Payable

-45.8M

30M

29.2M

21.7M

Other Working Capital

-156.7M

6.4M

-8.3M

-7.5M

Other Non-Cash Items

-70.7M

6.6M

51.7M

94.7M

CF from Investing Activities

-1.94B

-1.15B

-391M

-448.6M

Investments in Property, Plant & Equipment

-2.27B

-962.3M

-650.6M

-576.4M

Net Acquisitions

0

101.8M

125M

43.7M

Investment Purchases

-1.6B

-1.19B

-475M

-475M

Sales/Maturities of Investments

1.69B

747.3M

467.5M

546.4M

Other Investing Activites

245.5M

157.2M

142.1M

12.7M

CF from Financing Activities

1.96B

2.6B

615.9M

504.1M

Debt Repayment

-400k

-500k

-20.5M

-30.4M

Common Stock Issued

23.4M

23.8M

22.4M

539.7M

Common Stock Repurchased

0

0

0

0

Dividends Paid

0

0

0

0

Other Financing Activites

-65M

-376.2M

-156M

-35.2M

Free Cash Flow

-3.01B

-1.1B

-804.8M

-701.9M

Operating Cash Flow

-725.6M

-142.6M

-154.2M

-125.5M

Capital Expenditures

-2.27B

-962.3M

-650.6M

-576.4M

Cash at Beginning of Period

1.76B

449.5M

379M

448.8M

Cash at End of Period

1.05B

1.76B

449.5M

379M

Net Change In Cash

-711.1M

1.31B

70.5M

-69.8M

All figures are in USD.

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