Navitas Semiconductor

Q3 FY2026 EarningsNVTS.US Q3 FY26 results were slightly above consensus on the top line ($14.0M vs. $13.5M) and non-GAAP gross margin (40.0% vs. 39.7% expected). The company is successfully executing its 'Navitas 2.0' transformation, with high-power markets growing 50% QoQ and offsetting the strategic exit from low-end consumer segments. Non-GAAP EPS of -$0.03 was slightly better than the -$0.037 mean estimate. Q4 FY26 revenue guidance of $16M (±$0.5M) sits well above the current trajectory, signaling sustained momentum in AI data center demand.