For the year ending 2025-12-31, NVTS made $45,916K in revenue. -$116,953K in net income. Net profit margin of -254.71%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net revenues | 45,916 | 83,302 | 79,456 | 37,943 |
| Cost of revenues (exclusive of amortization of intangible assets included below) | 31,668 | 54,963 | 48,392 | 25,996 |
| Research and development | 49,830 | 76,002 | 68,825 | 50,318 |
| Selling, general and administrative | 35,196 | 62,863 | 61,551 | 78,353 |
| Amortization of intangible assets | 18,937 | 18,926 | 18,820 | 6,913 |
| Restructuring and impairment expense | 18,049 | 1,223 | - | - |
| Total operating expenses | 122,012 | 159,014 | 149,196 | 135,584 |
| Loss from operations | -107,764 | -130,675 | -118,132 | -123,637 |
| Interest income (expense) | 863 | -150 | 5,368 | 1,387 |
| Gain from change in fair value of warrants | - | - | 0 | 51,763 |
| Dividend income | 3,537 | 5,233 | - | - |
| (loss) gain from change in fair value of earnout liabilities | -12,424 | 36,644 | -33,788 | 121,709 |
| Other income, net | 6 | 102 | 84 | -1,147 |
| Total other income (expense), net | -8,018 | 41,829 | -28,336 | 173,712 |
| Income (loss) before income taxes | - | - | -146,468 | 50,075 |
| Loss before income taxes | -115,782 | -88,846 | - | - |
| Income tax provision (benefit) | 50 | -342 | -517 | -22,812 |
| Equity method investment (loss) gain | -1,121 | 3,905 | - | - |
| Net loss | -116,953 | -84,599 | -145,951 | 72,887 |
| Less net loss attributable to noncontrolling interests | - | 0 | -518 | -1,026 |
| Net loss attributable to controlling interests | - | -84,599 | -145,433 | 73,913 |
| Basic EPS | -0.57 | -0.46 | -0.86 | 0.55 |
| Diluted EPS | -0.57 | -0.46 | -0.86 | 0.51 |
| Basic Average Shares | 205,573,000 | 182,460,000 | 168,927,000 | 133,668,000 |
| Diluted Average Shares | 205,573,000 | 182,460,000 | 168,927,000 | 145,743,000 |
Navitas Semiconductor Corp (NVTS)
Navitas Semiconductor Corp (NVTS)