Navitas Semiconductor

Q2 FY2026 EarningsQ2 FY26 results beat consensus on both top and bottom lines, with revenue of $10.5M exceeding the $9.97M estimate and non-GAAP EPS of -$0.04 coming in ahead of the -$0.042 mean. The transition to the "Navitas 2.0" high-power strategy is yielding results, with high-power markets growing over 50% YoY and overall revenue growing 22% QoQ. Q3 FY26 guidance of $13.5M (±$0.5M) significantly outperformed consensus, signaling a return to year-over-year growth driven by AI infrastructure demand.