Navitas Semiconductor Corporation

Navitas Semiconductor Corporation reported a net loss of $117.0 million for fiscal year 2025, a significant increase from the $84.6 million loss in 2024. Net revenues declined sharply to $45.9 million from $83.3 million in the prior year. The company incurred substantial restructuring and impairment expenses of $18.0 million related to its strategic pivot, 'Navitas 2.0,' which refocuses the business on high-power markets like AI data centers and grid infrastructure while de-emphasizing mobile and consumer products. Despite the operational losses, the company strengthened its balance sheet significantly, raising approximately $200 million in gross proceeds from equity offerings (ATM and PIPE), ending the year with $236.9 million in cash and cash equivalents and total stockholders' equity of $443.7 million. The strategic shift aims to position Navitas for sustainable growth in higher-margin markets.

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