WOLFWOLFSPEED, INC.
Semiconductors & Related Devices
- Revenue
- —
- Operating margin
- —
- EBITDA
- —
- Market cap
- $1.1B
- Employees
- —
- Net debt / EBITDA
- —
- $1.1B net debt
- AI in 10-K
- 3.6
- mentions per 10K words
Takeover score 2 of 13
Fixable underperformance 1 of 7
- TSR below peersNo1 of 1 years3+ of last 5 years
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashYes-162× net incomeCash flow under 80% of net income
- Dilutive SBCNo10% of revenueOver 10% of revenue
- Payouts exceed cash flowNo0% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo0% of assetsOver 40% of assets
- Shareholder dissentNo97% lowest supportAny vote under 80% support
Buyer economics 1 of 4
- Low revenue per employeeNo—Bottom quartile of its SIC industry
- Quiet on AINo3.6 per 10K words · 75th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo—More cash than debt, positive EBITDA
- Buyout-sizedYes$1.1B market capMarket cap $500M–$5B
Catalysts 0 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo$0 netNet sales over $10M in 12 months
Financials
| Metric | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $572M | $759M | $807M | $758M | — | |
| Operating income | −$203M | −$312M | −$445M | −$1.3B | — | |
| Net income | −$201M | −$330M | −$864M | −$1.6B | $4M | 100% |
| Operating cash flow | −$154M | −$143M | −$726M | −$712M | — | |
| Capex | $637M | $950M | $2.3B | $1.3B | — | |
| Stock-based comp | $54M | $73M | $85M | $73M | — |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2026 | — | — | 208 | 210 |
| FY2025 | — | — | — | — |
| FY2024 | — | — | — | — |
| FY2023 | — | — | — | — |
| FY2022 | — | — | — | — |