Navitas Revenue Rises 38% as GAAP Net Loss Widens to $37.1 Million
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Navitas Semiconductor recorded third-quarter revenue of $13.991 million, up 38% from a year earlier, as its high-power markets expanded. Its GAAP net loss widened to $37.108 million for the quarter ended Sept. 30, 2026. Revenue was $10.112 million in Q3 2025 and $10.529 million in Q2 2026. The latest quarter’s revenue was up 33% sequentially. Navitas’ GAAP net loss was $19.234 million in Q3 2025. Basic and diluted GAAP loss per share were both $0.14 in Q3 2026, compared with $0.09 in Q3 2025. The company’s GAAP gross margin was 21.5%, while its non-GAAP gross margin was 40.0%.
Source: TokenPost
