NVTS
$8.74+1.27%
Navitas Semiconductor CorporationStock · TechnologyRussell 2000 · 0.1% of IWMNasdaq Composite · 0.007% of ONEQUS Stock Market · 0.005% of VTIRussell 3000 · 0.005% of IWV
NVTS financial statements
The full income statement, balance sheet, and cash-flow statement for Navitas Semiconductor Corporation (NVTS), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 183.5M2024-09 184.7M2024-12 182.2M2025-03 187.8M2025-06 199.0M2025-09 212.7M2025-12 222.5M2026-03 230.0M2026-06 240.6M+31.2% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 45.9M-44.9% | 83.3M+4.8% | 79.5M+109.4% | 37.9M+59.9% | 23.7M+100.3% | |
| — | — | — | — | 10.7M+187.6% | ||
| Cost of revenue | 31.7M-42.4% | 55.0M+13.6% | 48.4M+86.2% | 26.0M+99.2% | 13.1M+60.4% | |
| 122M-23.3% | 159M+6.6% | 149M+10.0% | 136M+71.2% | 79.2M+251.7% | ||
| Research & development | 49.8M-34.4% | 76.0M+10.4% | 68.8M+36.8% | 50.3M+83.1% | 27.5M+110.6% | |
| Selling, general & administrative | 35.2M-44.0% | 62.9M+2.1% | 61.6M-21.4% | 78.4M+52.5% | 51.4M+442.5% | |
| Restructuring | 18.0M+1375.8% | 1.22M | 0.00 | — | — | |
| Amortization of intangibles | 18.9M+0.1% | 18.9M+0.6% | 18.8M+172.2% | 6.91M+1903.8% | 345K+106.6% | |
| Provision for credit losses | 844K-89.0% | 7.69M | 0.00 | — | — | |
| Operating income | -108M+17.5% | -131M-10.6% | -118M+4.5% | -124M-80.5% | -68.5M-264.3% | |
| Other non-operating income | 6.00K-94.1% | 102K+21.4% | 84.0K+107.3% | -1.15M-702.1% | -143K | |
| Equity-method income | -1.12M-128.7% | 3.90M | 0.00 | — | — | |
| Pre-tax income | -117M-31.6% | -88.8M+39.3% | -146M-392.5% | 50.1M+132.8% | -153M-701.7% | |
| Income tax | 50.0K+114.6% | -342K+33.8% | -517K+97.7% | -22.8M-48636.2% | 47.0K+840.0% | |
| -117M-38.2% | -84.6M+41.8% | -145M-296.8% | 73.9M+148.4% | -153M-701.7% | ||
| Net income to non-controlling interest | — | 0.00+100.0% | -518K+49.5% | -1.03M | 0.00 | |
| -$0.57-23.9% | -$0.46+46.5% | -$0.86-268.6% | $0.51+113.1% | -$3.90-233.3% | ||
| EPS (basic) | -$0.57-23.9% | -$0.46+46.5% | -$0.86-256.4% | $0.55+114.1% | -$3.90-233.3% | |
| Weighted-avg shares (basic) | 206M+12.7% | 182M+8.0% | 169M+26.4% | 134M+241.3% | 39.2M+141.1% | |
| Weighted-avg shares (diluted) | 206M+12.7% | 182M+8.0% | 169M+15.9% | 146M+272.1% | 39.2M+141.1% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 260M+113.4% | 122M-40.9% | 206M+45.0% | 142M-51.2% | 291M+520.6% | ||
| Cash & equivalents | 237M+173.1% | 86.7M-42.9% | 152M+37.7% | 110M-58.9% | 268M+590.1% | |
| Accounts receivable | 3.62M-74.1% | 14.0M-45.9% | 25.9M+183.3% | 9.13M+10.5% | 8.26M+99.0% | |
| Inventory | 13.3M-14.2% | 15.5M-30.4% | 22.2M+16.6% | 19.1M+59.1% | 12.0M+251.9% | |
| Prepaid expenses | 4.40M+8.1% | 4.07M-34.1% | 6.18M+70.5% | 3.62M+25.9% | 2.88M+451.1% | |
| 500M+28.3% | 390M-19.7% | 486M+14.2% | 425M+43.9% | 296M+509.4% | ||
| Property, plant & equipment | 9.78M-36.6% | 15.4M+68.5% | 9.15M+40.1% | 6.53M+183.8% | 2.30M+218.8% | |
| Operating lease right-of-use | 5.17M-25.1% | 6.90M-16.5% | 8.27M+29.6% | 6.38M+298.8% | 1.60M | |
| Goodwill | 163M+0.0% | 163M+0.0% | 163M+1.0% | 162M | 0.00 | |
| Intangible assets | 53.3M-26.2% | 72.2M-20.8% | 91.1M-13.7% | 106M+62029.4% | 170K-67.0% | |
| Other non-current assets | 8.38M-20.0% | 10.5M+56.4% | 6.70M+119.4% | 3.05M+96.7% | 1.55M+1422.5% | |
| 52.1M+146.5% | 21.1M-56.4% | 48.5M+138.3% | 20.4M+89.7% | 10.7M+68.5% | ||
| Deferred revenue | 22.6M | 0.00-100.0% | 11.0M+2153.7% | 486K+1575.9% | 29.0K | |
| Short-term & current debt | — | — | — | 0.00-100.0% | 3.20M+220.0% | |
| Current lease liability | 1.87M+5.6% | 1.77M-6.6% | 1.89M+45.0% | 1.30M | 0.00 | |
| Other current liabilities | — | — | — | 486K+1575.9% | 29.0K | |
| Finance lease liability (current) | 323K | 0.00 | — | — | — | |
| 56.8M+35.4% | 42.0M-60.0% | 105M+159.1% | 40.5M-82.4% | 230M+1913.7% | ||
| Long-term debt | — | — | — | 0.00-100.0% | 3.72M-25.2% | |
| Non-current lease liability | 3.83M-31.1% | 5.55M-16.5% | 6.65M+26.4% | 5.26M | 0.00 | |
| Operating lease liability (total) | — | 7.32M-14.3% | 8.54M+30.1% | 6.57M | — | |
| Finance lease liability | 456K | 0.00 | — | — | — | |
| Deferred tax liabilities | 405K-8.2% | 441K-57.6% | 1.04M-43.0% | 1.82M | 0.00 | |
| Other non-current liabilities | 0.00-100.0% | 4.62M+143.5% | 1.90M | 0.00-100.0% | 60.0K-31.8% | |
| 444M+27.5% | 348M-8.6% | 381M-0.1% | 381M+481.6% | 65.5M+190.5% | ||
| Common stock | — | — | 21.0K+16.7% | 18.0K+20.0% | 15.0K+650.0% | |
| Additional paid-in capital | 945M+29.0% | 733M+7.6% | 681M+27.0% | 536M+82.2% | 294M+8170.7% | |
| Retained earnings | -502M-30.4% | -385M-28.2% | -300M-94.0% | -155M+32.3% | -229M-200.9% | |
| Accumulated other comprehensive income | -7.00K+0.0% | -7.00K+0.0% | -7.00K+0.0% | -7.00K-250.0% | -2.00K-100.0% | |
| Non-controlling interest | — | — | 0.00-100.0% | 3.63M | 0.00 | |
| Total equity incl. non-controlling | 444M+27.5% | 348M-8.6% | 381M-1.1% | 385M+487.1% | 65.5M+190.5% | |
| Total liabilities & equity | 500M+28.3% | 390M-19.7% | 486M+14.2% | 425M+43.9% | 296M+509.4% | |
| Common shares issued | — | — | 179M+16.6% | 154M+30.5% | 118M+602.0% | |
| Common shares outstanding | — | — | 179M+16.6% | 154M+30.5% | 118M+602.0% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| -42.9M+27.1% | -58.8M-42.2% | -41.4M+7.0% | -44.5M-6.7% | -41.7M-102.2% | ||
| Depreciation & amortization | 22.4M+2.3% | 21.9M+4.4% | 21.0M+165.8% | 7.89M+945.4% | 755K+47.7% | |
| Intangible amortization | 18.9M+0.1% | 18.9M+0.6% | 18.8M+172.2% | 6.91M+1903.8% | 345K+106.6% | |
| Share-based compensation | 14.5M-66.3% | 43.0M-20.4% | 54.0M-14.6% | 63.3M+52.9% | 41.4M+3931.5% | |
| Deferred income taxes | -39.0K+93.4% | -595K+24.7% | -790K+96.6% | -23.3M | 0.00 | |
| Change in receivables | -9.52M-127.3% | -4.19M-125.0% | 16.7M+1435.3% | -1.25M-130.5% | 4.11M+19.0% | |
| Change in inventory | -2.19M+67.5% | -6.76M-313.0% | 3.17M-33.2% | 4.75M-44.6% | 8.57M+217.0% | |
| -1.39M+85.1% | -9.27M-60.3% | -5.78M+94.6% | -108M-3004.7% | -3.47M-1512.1% | ||
| Capital expenditure | 1.48M-78.2% | 6.77M+41.6% | 4.78M+3.0% | 4.64M+124.6% | 2.07M+827.4% | |
| Free cash flow | -44.4M+32.4% | -65.6M-42.1% | -46.2M+6.1% | -49.1M-12.3% | -43.8M-109.9% | |
| Acquisitions | 0.00 | 0.00 | 0.00-100.0% | 96.4M | 0.00 | |
| Purchases of investments | 0.00-100.0% | 2.50M+150.0% | 1.00M | 0.00-100.0% | 724K | |
| 195M+5469.1% | 3.50M-96.1% | 89.7M+1643.3% | -5.81M-102.1% | 275M+412.3% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00-100.0% | 2.00M-66.7% | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00-100.0% | 6.93M+549.8% | 1.07M-77.8% | |
| Common stock issued | 1.03M+27.2% | 812K-57.8% | 1.92M+12.4% | 1.71M+230.9% | 517K+1567.7% | |
| Common stock repurchased | 0.00 | 0.00 | 0.00-100.0% | 550K | 0.00 | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| FX effect on cash | — | — | — | — | 0.00-100.0% | |
| Net change in cash | 150M+332.8% | -64.6M-252.0% | 42.5M+126.9% | -158M-168.8% | 229M+600.4% | |
| Interest paid | 29.0K | 0.00 | 0.00-100.0% | 290K+9.4% | 265K+21.6% | |
| Income taxes paid | 243K-17.9% | 296K+85.0% | 160K-17.1% | 193K+503.1% | 32.0K+1500.0% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 1.59B+144.3% | 650M-54.8% | 1.44B+170.0% | 534M-73.4% | 2.00B | |
| P/S | 34.6×+343.1% | 7.8×-64.4% | 21.9×+35.2% | 16.2×-80.8% | 84.4× | |
| P/B | 3.6×+91.6% | 1.9×-47.7% | 3.6×+152.8% | 1.4×-95.4% | 30.6× | |
| Source filing | 10-K | 10-K | 10-K/A | 10-K | 10-K |
About this data
Source: NVTS’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all NVTS filings on SEC EDGAR → Not investment advice.