NVTSNasdaqSemiconductors & Related DevicesFiscal year ends December 31
Navitas Semiconductor Corp
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 27, 2026
$8.63+0.29 (+3.48%)
Close on Oct 19, 2026
- Market cap
- $2.08B
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2019 to 2025
Gross margin
31.0%−0.3 pts over 5 years
Operating margin
-234.7%−76.0 pts over 5 years
Net margin
–
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -44.9% | +6.6% | +31.1% | – | |
| Gross profit | -49.7% | +6.0% | +30.8% | – |
Returns and balance sheet
7 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2019 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | 30.0% | – | |
| Return on assets | – | – | – | |
| Current ratio | – | 7.37 | 4.99 | |
| Debt to equity | – | -0.08 | – | |
| Inventory turnover | – | – | 2.2× | |
| Capex to revenue | – | 1.9% | 3.2% | |
| Diluted shares | – | 16M | 206M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Navitas Semiconductor generated $229.29M from operations and spent $20.29M on capital expenditure, dividends and share buybacks. 97% of that went back into the business.
Generated
$229.29M
Used
$20.29M
Capital expenditure$19.74M97%Dividends$00%Share buybacks$550.00K3%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-183.0%
×Asset turnover0.17×
×Equity multiplier1.20×
=Return on equity, FY2023-38.2%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2023 | -183.0% | 0.17× | 1.20× | -38.2% |
| FY2022 | 194.8% | 0.11× | 1.61× | 33.1% |
| FY2021 | -643.3% | 0.14× | -49.96× | 4433.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
0of 5 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero–
- Cash generatingOperating cash flow above zero-$42.89M
- Return on assets improvedROA up on the prior year-17.4% → –
- Earnings backed by cashOperating cash flow above net income-$42.89M vs –
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose5.76 → 4.99
- No dilutionShare count did not rise182M → 206M
- Gross margin improvedGross margin up on the prior year34.02% → 31.03%
- More efficientAsset turnover rose0.17 → 0.12