Wolfspeed, Inc. financial data

Symbol
WOLF on NYSE
Industry
Semiconductors & Related Devices
Location
4600 Silicon Dr, Durham, NC
State of incorporation
NC
Fiscal year end
June 29
Former names
CREE, INC. (to 10/1/2021), CREE INC (to 8/5/2019), CREE RESEARCH INC /NC/ (to 5/11/1999)
Latest financial report
10-Q - Q4 2024 - Jan 30, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 382 % -27.4%
Quick Ratio 62.7 % +29.6%
Return On Assets -11.1 % -180%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 156M shares +23.7%
Common Stock, Shares, Outstanding 139M shares +10.3%
Entity Public Float 5.43B USD -39.5%
Common Stock, Value, Issued 200K USD 0%
Weighted Average Number of Shares Outstanding, Basic 129M shares +2.72%
Weighted Average Number of Shares Outstanding, Diluted 129M shares +2.72%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 777M USD -3.06%
Research and Development Expense 208M USD +18.5%
Operating Income (Loss) -805M USD -119%
Nonoperating Income (Expense) -172M USD -214%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -372M USD -196%
Income Tax Expense (Benefit) 900K USD -10%
Net Income (Loss) Attributable to Parent -803M USD -336%
Earnings Per Share, Basic -7.68 USD/shares -27.6%
Earnings Per Share, Diluted -7.68 USD/shares -27.6%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 614M USD -32.1%
Cash, Cash Equivalents, and Short-term Investments 1.4B USD -46.7%
Accounts Receivable, after Allowance for Credit Loss, Current 154M USD +16.1%
Inventory, Net 477M USD +28.9%
Other Assets, Current 123M USD -46.2%
Assets, Current 2.23B USD -35.4%
Other Long-term Investments 95M USD +43.7%
Deferred Income Tax Assets, Net 1.1M USD -8.33%
Operating Lease, Right-of-Use Asset 122M USD +28.1%
Intangible Assets, Net (Excluding Goodwill) 23.6M USD -1.26%
Goodwill 359M USD 0%
Other Assets, Noncurrent 265M USD -51%
Assets 7.74B USD +6.19%
Accrued Liabilities, Current 97.3M USD +162%
Contract with Customer, Liability, Current 42.1M USD -17.6%
Liabilities, Current 707M USD +5.38%
Deferred Income Tax Liabilities, Net 10.8M USD 0%
Operating Lease, Liability, Noncurrent 134M USD +21.1%
Other Liabilities, Noncurrent 218M USD -22.5%
Accumulated Other Comprehensive Income (Loss), Net of Tax -5.7M USD +53.3%
Retained Earnings (Accumulated Deficit) -3.58B USD -37.6%
Stockholders' Equity Attributable to Parent 373M USD -67.6%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 373M USD -67.6%
Liabilities and Equity 7.74B USD +6.19%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -132M USD +10.4%
Net Cash Provided by (Used in) Financing Activities 4.8M USD -99.5%
Net Cash Provided by (Used in) Investing Activities -193M USD +75.4%
Common Stock, Shares Authorized 400M shares 0%
Common Stock, Shares, Issued 139M shares +10.3%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -320M USD -6496%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 614M USD -32.1%
Deferred Tax Assets, Valuation Allowance 734M USD +35%
Deferred Tax Assets, Gross 947M USD +33.8%
Operating Lease, Liability 143M USD +21.8%
Depreciation 5.8M USD
Payments to Acquire Property, Plant, and Equipment 437M USD -1.13%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -792M USD -318%
Lessee, Operating Lease, Liability, to be Paid 193M USD +19.7%
Operating Lease, Liability, Current 8.8M USD +33.3%
Lessee, Operating Lease, Liability, to be Paid, Year Two 15.5M USD +19.2%
Lessee, Operating Lease, Liability, to be Paid, Year One 16.1M USD +21.1%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 48.1M USD +24%
Lessee, Operating Lease, Liability, to be Paid, Year Three 15.3M USD +28.6%
Deferred Tax Assets, Operating Loss Carryforwards 507M USD +38.4%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 3M shares 0%
Unrecognized Tax Benefits 10.3M USD +15.7%
Lessee, Operating Lease, Liability, to be Paid, Year Four 15.5M USD +34.8%
Operating Lease, Payments 3.4M USD +41.7%
Additional Paid in Capital 3.96B USD +5.15%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 71.1M USD +77.3%
Deferred Tax Assets, Net of Valuation Allowance 212M USD +30.1%
Share-based Payment Arrangement, Expense 86.7M USD +14.2%
Interest Expense 201M USD +480%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%