Loss narrows slightly. Navitas Semiconductor (NVTS) reported a loss of $0.05 per share for Q4 2025, a narrower loss than expected by 3.9% against the consensus estimate of -$0.05. The semiconductor company’s shares surged 22.6% on volume of 42.5 million shares, more than triple the typical trading activity. The quarter marks the fourth consecutive period of losses near the $0.05 level, with Q3 2025 also posting -$0.05 per share.
Revenue remains under pressure. Q4 revenue came in at $7.3 million with a gross profit of $2.8 million, translating to a gross margin of 38.1%. Operating losses totaled $24.8 million on total expenses of $32.1 million, driven by R&D spending of $12.4 million and SG&A costs of $10.5 million. The net loss for the quarter reached $31.8 million, or -$0.14 per share on a basic and diluted basis. EBITDA stood at -$19.2 million.
Cash burn accelerates. Operating cash flow was negative $8.1 million, and after minimal capex of $48,000, free cash flow came in at -$8.2 million. The balance sheet shows $236.9 million in cash against just $6.5 million in total debt, providing a substantial liquidity cushion with working capital of $207.8 million. Total assets stand at $500.5 million with stockholders’ equity of $443.7 million, though accumulated losses have pushed retained earnings to -$501.7 million.
This article was generated using AlphaStreet’s proprietary financial analysis technology and reviewed by our editorial team.