Navitas Semiconductor Reports 53% Q3 Revenue Plunge, Sees $7M Q4 Sales
Navitas Semiconductor’s Q3 2025 revenue plunged 53% to $10.1 M after exiting its China mobile business, causing a $19.2 M net loss and a -914% gross margin. It forecasts Q4 2025 revenue of $7 M versus $18 M a year ago and expects revenue growth in 2026 from AI data‐center demand.
1. NVTS Schedules Q4 and Full Year 2025 Results
Navitas Semiconductor has announced it will release its fourth quarter and full year 2025 financial results on Tuesday, February 24, 2026, shortly after the market close. The company’s President and CEO, Chris Allexandre, and CFO, Todd Glickman, will host a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the results and outlook. Investors can access the call via toll-free numbers or through a live and archived webcast on the company’s Investor Relations website.
2. Sharp Revenue Decline Following Strategic Pivot
In Q3 2025, Navitas reported revenue of $10.1 million, down from $21.7 million a year earlier, reflecting the deliberate wind-down of its mobile and consumer-related business in China, which represented roughly 60% of total sales in 2024. Management has forecasted Q4 2025 revenue of approximately $7 million versus $18 million in the prior-year period, as the company reallocates resources toward AI data center applications.
3. Operating Losses and Expense Reduction Efforts
The company posted a net loss of $19.2 million in Q3 2025, driven by continued investment in next-generation gallium nitride (GaN) power ICs and high-voltage silicon carbide (SiC) devices. Operating expenses for the quarter totaled $23.2 million, down 38% from $37.6 million in Q3 2024, as part of a broader cost-control initiative designed to stabilize margins ahead of a projected revenue recovery in 2026.
4. Long-Term Growth Prospects in AI Infrastructure
Navitas is targeting the AI data center market with its GaNFast™ power ICs and GeneSiC™ high-voltage SiC devices, which promise higher power density, faster charging and improved efficiency for server power supplies and cooling systems. The company holds more than 300 patents and is CarbonNeutral®-certified, positioning it to capitalize on the growing demand for energy-efficient semiconductor components in performance computing and grid infrastructure.