Navitas Semiconductor Corporation
navitassemi.comWhat Do They Do?
Designs and sells gallium nitride and silicon carbide power semiconductors and related control components for data centers, energy and grid infrastructure, and computing and industrial equipment.
10-K for FY2025, filed Feb 27, 2026
How Do They Make Money?
Revenue comes from semiconductor sales to distributors, OEMs, and merchant power supply manufacturers; each delivery is invoiced at shipment and counted as a sale then.
10-K for FY2025, filed Feb 27, 2026Product revenues consist of sales to distributors, original equipment manufacturers (“OEMs”), and merchant power supply manufacturers. The…View ↗
The Company allocates the transaction price to each distinct performance obligation based on their relative standalone selling price. The…View ↗
When the Company receives orders for products to be delivered over multiple dates that may extend across several reporting periods, the…View ↗
$45.9M
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10-K for FY2025, filed Feb 27, 2026
$45.9M ↗
Who Are Their Customers?
Navitas sells through specialized distributors to OEMs, their suppliers, and other end customers. It also sells directly to OEMs and merchant power supply manufacturers.
10-K for FY2025, filed Feb 27, 2026
Do Revenues Turn Into Profits?
No. It lost $117M in FY2025.
10-K for FY2025, filed Feb 27, 2026
−$107.8MView ↗
10-K for FY2025, filed Feb 27, 2026
−$117MView ↗
10-K for FY2025, filed Feb 27, 2026
−$44.4MView ↗
How Are They Changing?
- Net income
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Sources
10-Q for Q2 FY2026, filed Jul 27, 2026
−$228.2MView ↗
- ▲ +365% (Loss)
- vs −$49.1M in Q2 FY2025
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Aug 25, 2026
Agreed to acquire Claros
Claros is developing vertical power delivery and integrated voltage regulator technology for AI data centers.
Sources
8-K, filed Aug 25, 2026
On August 24, 2026, Navitas Semiconductor Corporation (“Navitas” or the “Company”) entered into an Agreement and Plan of Merger (the…View ↗
Growing. Revenue grew 93% in 4 years, from $23.7M in FY2021 to $45.9M in FY2025, about 18% a year.
Markets and product focus
The earlier report emphasized mobile fast charging and consumer electronics alongside data centers, solar, industrial uses, and electric vehicles. The latest report centers on AI data centers, grid infrastructure, computing, and industrial electrification, while de-emphasizing mobile and consumer products and excluding electric vehicles.
10-K for FY2022, filed Apr 3, 2023 10-K for FY2025, filed Feb 27, 2026In late 2025, we announced a strategic pivot that we called “Navitas 2.0,” which entailed an enhanced focus on high-power markets…View ↗
Our product strategy will focus on GaN and high-voltage SiC for high power markets, leveraging our proven technology and product portfolio…View ↗
Our go-to-market strategy prioritizes accelerating adoption of GaNFast™ GaN power ICs and GeneSiC™ SiC technologies in high-growth…View ↗
Who Do They Compete With?
Competes with Infineon, Power Integrations, Texas Instruments, Innoscience (Suzhou) Semiconductor, Renesas Electronics, Efficient Power Conversion, Wolfspeed, ON Semiconductor, ROHM, Qorvo, and STMicroelectronics
10-K for FY2025, filed Feb 27, 2026Our competitors include suppliers of silicon-based as well as GaN-based and SiC-based power semiconductors. Our competitors include both…View ↗
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