# Navitas Semiconductor Corporation (NVTS)

**Exchange:** NASDAQ  
**Sector:** Technology  
**Market cap:** $4.58B  
**Price:** $22.26 (+8.59%)

> Navitas Semiconductor Corporation designs, develops, and markets next-generation power semiconductors, specializing in gallium nitride (GaN) power integrated circuits, silicon carbide power devices, silicon system controllers, and digital isolators. These products enable efficient power conversion, high-density charging, and energy savings across diverse applications. The company serves key markets including mobile devices, consumer electronics, enterprise data centers, automotive eMobility, and new energy solutions, delivering ultra-efficient GaN technologies that integrate power, drive, control, and protection functions. Navitas Semiconductor Corporation operates globally in the United States, Europe, China, rest of Asia, and other international regions, focusing on advancing power electronics for sustainable and high-performance systems. Founded in 2014 and headquartered in Torrance, California, it stands as a pure-play leader in innovative power semiconductor solutions for rapidly evolving technology sectors.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $46M | $14M | -$108M | — | $-0.57 |
| 2024 | $83M | $28M | -$131M | -$85M | $-0.46 |
| 2023 | $79M | $31M | -$118M | -$145M | $-0.86 |
| 2022 | $38M | $12M | -$124M | $74M | $0.51 |
| 2021 | $24M | $11M | -$69M | -$153M | $-3.90 |
| 2020 | $12M | $4M | -$19M | -$19M | $-1.17 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $500M | $57M | $444M | $237M | — |
| 2024 | $390M | $42M | $348M | $87M | — |
| 2023 | $486M | $105M | $381M | $152M | — |
| 2022 | $425M | $41M | $381M | $110M | — |
| 2021 | $296M | $230M | $66M | $268M | $4M |
| 2020 | $49M | $11M | -$72M | $39M | $5M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | -$43M | $1M | -$44M |
| 2024 | -$59M | $7M | -$66M |
| 2023 | -$41M | $5M | -$46M |
| 2022 | -$44M | $5M | -$49M |
| 2021 | -$42M | $2M | -$44M |
| 2020 | -$21M | $223,000 | -$21M |

Source: [CompaniesByCap](https://companiesbycap.com/company/NVTS)