Last quarter (Q2 2024), Wolfspeed's total revenue was $208.40M, a decrease of -8.88% from the same quarter last year. In Q2, Wolfspeed's net income was $-123.10M. See Wolfspeed’s key income statements, including revenue, expenses, profit, and income.

Income Statement	TTM	Jun 23	Jun 22	Jun 21	Jun 20	Jun 19
Total Revenue	$ 870.30M	$ 921.90M	$ 746.20M	$ 525.60M	$ 470.70M	$ 1.08B
Cost of Revenue	$ 685.10M	$ 642.40M	$ 496.90M	$ 361.00M	$ 312.20M	$ 689.00M
Gross Profit	$ 185.20M	$ 279.50M	$ 249.30M	$ 164.60M	$ 158.50M	$ 391.00M
Operating Expense	$ 208.40M	$ 315.90M	$ 330.20M	$ 373.90M	$ 348.20M	$ 374.20M
Operating Income	$ -62.60M	$ -380.60M	$ -80.90M	$ -209.30M	$ -189.70M	$ 16.80M
Net Non Operating Interest Income Expense	$ -82.90M	$ 14.80M	$ -13.30M	$ -35.30M	$ -18.60M	$ -12.00M
Other Income Expense	$ 6.40M	$ -50.10M	$ 38.00M	$ -95.60M	$ 2.70M	$ -50.00M
Pretax Income	$ -422.30M	$ -328.50M	$ -286.10M	$ -340.20M	$ -205.60M	$ -45.20M
Tax Provision	$ 1.30M	$ 1.40M	$ 9.00M	$ 1.10M	$ -8.00M	$ 12.70M
Earnings From Equity Interest Net Of Tax	-	-	-	-	-	-
Net Income Common Stockholders	$ -714.20M	$ 12.30M	$ -200.90M	$ -523.90M	$ -191.70M	$ -375.10M
Basic EPS	$ -10.66	$ -5.30	$ -4.13	$ -4.66	$ -1.78	$ -3.62
Diluted EPS	$ -10.66	$ -5.30	$ -4.13	$ -4.66	$ -1.78	$ -3.62
Basic Average Shares	$ 499.52M	$ 124.37M	$ 120.12M	$ 112.35M	$ 107.94M	$ 103.58M
Diluted Average Shares	$ 499.52M	$ 124.37M	$ 120.12M	$ 112.35M	$ 107.94M	$ 103.58M
Dividend Per Share	-	-	-	-	-	-
Total Operating Income As Reported	-	-	-	-	-	-
Reported Normalized Basic E P S	-	-	-	-	-	-
Reported Normalized Diluted E P S	-	-	-	$ -0.93	$ -0.45	$ 0.74
Rent Expense Supplemental	-	-	-	-	-	-
Total Expenses	$ 893.50M	$ 958.30M	$ 827.10M	$ 734.90M	$ 660.40M	$ 1.06B
Net Income From Continuing And Discontinued Operation	$ -753.20M	$ -329.90M	$ -200.90M	$ -523.90M	$ -191.70M	$ -375.10M
Normalized Income	$ -291.77M	$ -304.42M	-	$ -273.64M	$ -200.81M	$ -21.18M
Interest Expense	-	-	-	$ 45.40M	$ 34.90M	$ 26.00M
EBIT	$ -241.10M	$ -285.90M	$ -261.00M	$ -294.80M	$ -170.70M	$ -19.20M
EBITDA	$ -74.50M	$ -119.10M	$ -105.00M	$ -173.90M	$ -73.60M	$ 103.20M

Currency in USD

Wolfspeed Earnings and Revenue History

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