Wolfspeed announced its financial results for the fourth quarter and full fiscal year 2025 on August 25, 2025. For Q4 FY25, revenue from continuing operations was $197.0 million, a decrease from $200.7 million in Q4 FY24. The GAAP net loss for the quarter was $669.3 million, or $4.30 per diluted share.
For the full fiscal year 2025, revenue from continuing operations decreased to $757.6 million from $807.2 million in fiscal 2024. The company reported a substantial GAAP operating loss of $1329.2 million, up from $445.3 million in fiscal 2024, and a GAAP net loss of $1609.2 million, up from $573.6 million in fiscal 2024.
The full fiscal year results included a $359.2 million goodwill impairment charge and $417.6 million in restructuring costs, reflecting the significant financial challenges and strategic adjustments undertaken by the company. CEO Robert Feurle expressed confidence in strengthening Wolfspeed's position, anticipating court approval of the Plan of Reorganization and emergence from Chapter 11 soon.
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