---
title: "Navitas Semiconductor | 8-K: FY2026 Q1 Revenue Beats Estimate at USD 8.598 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285258197.md"
datetime: "2026-05-05T20:12:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285258197.md)
  - [en](https://longbridge.com/en/news/285258197.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285258197.md)
---

# Navitas Semiconductor | 8-K: FY2026 Q1 Revenue Beats Estimate at USD 8.598 M

Revenue: As of FY2026 Q1, the actual value is USD 8.598 M, beating the estimate of USD 8.183 M.

EPS: As of FY2026 Q1, the actual value is USD -0.15, missing the estimate of USD -0.0995.

EBIT: As of FY2026 Q1, the actual value is USD -28.03 M.

#### Segment Revenue

Navitas Semiconductor Corporation’s total revenue for the first quarter of 2026 was $8.6 million, an 18% sequential increase from $7.3 million in the fourth quarter of 2025, but a decrease from $14.0 million in the first quarter of 2025. High-power markets, including AI Data Centers, Grid and Energy Infrastructure, Performance Computing, and Industrial Electrification, represented a large majority of total revenue and grew approximately 35% year-over-year.

#### Operational Metrics

##### Gross Margin

GAAP gross margin for the first quarter of 2026 was -9.3%, compared to -17.2% in the fourth quarter of 2025 and 9.1% in the first quarter of 2025. Non-GAAP gross margin for the first quarter of 2026 was 39.0%, a 30 basis point sequential improvement from 38.7% in the prior quarter, and also an increase from 38.1% in the first quarter of 2025.

##### Operating Profit/Loss

GAAP loss from operations for the first quarter of 2026 was - $27.8 million, compared to a loss of - $41.4 million for the fourth quarter of 2025 and an operating loss of - $25.3 million for the first quarter of 2025. Non-GAAP loss from operations for the first quarter of 2026 was - $11.7 million, compared to a loss of - $12.1 million for the prior quarter and a loss of - $11.8 million in the first quarter of 2025.

##### Operating Expenses (GAAP)

Research and development expenses were $14,567 thousand in Q1 2026, up from $12,668 thousand in Q1 2025. Selling, general and administrative expenses were $11,252 thousand in Q1 2026, down from $11,740 thousand in Q1 2025. Amortization of intangible assets remained constant at $4,734 thousand for both Q1 2026 and Q1 2025. Restructuring expense was $450 thousand in Q1 2026, a decrease from $1,469 thousand in Q1 2025. Total operating expenses were $31,003 thousand in Q1 2026, compared to $30,611 thousand in Q1 2025.

##### Net Loss (GAAP)

Net loss for the first quarter of 2026 was - $33,785 thousand, compared to - $16,829 thousand in the first quarter of 2025.

#### Cash and Cash Equivalents

Cash and cash equivalents totaled $221.0 million as of March 31, 2026, a decrease from $236.9 million as of December 31, 2025.

#### Unique Metrics

Navitas Semiconductor Corporation is targeting a Serviceable Available Market (SAM) of $3.5 billion in 2030 for AI data center, energy and grid infrastructure, performance computing, and industrial electrification, growing at a 60%-plus CAGR.

#### Outlook / Guidance

For the second quarter of 2026, Navitas Semiconductor Corporation anticipates net revenues to increase to $10.0 million, plus or minus $0.5 million, representing over 16% sequential growth at the midpoint. Non-GAAP gross margin is expected to be 39.25%, plus or minus 75 basis points, indicating a 25 basis point increase at the midpoint. Non-GAAP operating expenses are projected to remain approximately flat sequentially, ranging between $14.5 million and $15.5 million.

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