- Wolfspeed reported fourth-quarter fiscal 2026 revenue of $150 million, aligning with the midpoint of guidance and driven by a 6% sequential growth in device revenue due to AI data center strength.
- The company ended the quarter with $1.1 billion in cash and short-term investments while reducing its net debt to approximately $600 million.
- Management expects first-quarter fiscal 2027 revenue to range between $140 million and $160 million with non-GAAP operating expenses between $62 million and $66 million.
