Story · NASDAQ
Navitas Semiconductor Stock Plummets 12% on Q2 Earnings Miss
Navitas Semiconductor (NASDAQ: NVTS) saw its stock price drop over 12% on Tuesday after reporting disappointing second-quarter earnings. The company posted revenue of $10.5 million, down from $14.5 million in the same quarter of 2025. While revenue beat analyst estimates of $9.8 million, the company missed badly on adjusted net income, reporting a loss of $0.95 per share versus expectations of a $0.04 loss. Navitas is pivoting from low-margin consumer products to high-power applications for AI data centers, a strategy it calls 'Navitas 2.0.' The company guided for Q3 revenue of $13-14 million, up from $10.1 million a year ago, with adjusted gross margin just below 40%. No net income guidance was provided.
Editorial responsibility
- No named human review is recorded for this page.
- Reports are grouped by semantic similarity and deterministic rules. Language models may assist titles, summaries, translation and cross-source analysis; the page itself is projected from evidence records.
- Current automated evidence projection