Navitas (NVTS) is a publicly traded Power & Analog company founded in 2014 and based in El Segundo, USA.
| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| Oct 20, 2021 | IPO | $400M | $1.0B | Live Oak Acquisition Corp. II |
Navitas Semiconductor reported Q2 2026 revenue of $10.5 million, up 22% sequentially from $8.6 million in Q1 but down 27% year-over-year from $14.5 million in Q2 2025. GAAP gross margin was 0.4%, heavily depressed by $4.0 million in intangible amortization; adjusted gross margin improved 50 basis points to 39.5%. GAAP operating loss widened to $27.2 million; adjusted operating loss narrowed to $11.4 million. GAAP net loss of $228.2 million was inflated by a $203.1 million non-cash earnout liability remeasurement; adjusted net loss was $9.3 million. The company completed its transition to high-power markets (mobile now insignificant), with AI Infrastructure—data centers and grid/energy—projected to represent over one-third of sales by year-end. Q3 2026 guidance: revenue $13.5M ± $0.5M (28% sequential growth, return to YoY growth); adjusted gross margin 39.7% ± 100bp. Management expects continued double-digit growth in H2 and mid-single-digit full-year revenue growth.
Q3 2026 revenue $13.5M ± $0.5M (midpoint 28% sequential growth); full-year revenue growth expected to be mid-single-digit
No articles ingested yet for Navitas. Once the hourly news pipeline is live, every article the classifier tags as mentioning this company appears here with its one-line AI summary and sentiment.
Navitas's flagship gallium-nitride power ICs, which monolithically integrate a GaN power FET with its gate driver, control, and protection on a single chip. GaN switches far faster than silicon, enabling smaller, cooler, more efficient power supplies. Many GaNFast parts add GaNSense current-sensing for autonomous protection. They ship in volume in fast chargers and increasingly in data-center and AI-server power, a fast-growing market as racks scale to 100+ kW.
Navitas's silicon-carbide (SiC) power portfolio, acquired with GeneSiC, spanning MOSFETs and diodes optimized with a 'trench-assisted planar' design for high-voltage, high-temperature operation. SiC complements GaN by serving higher-power applications such as EV powertrains, solar inverters, energy storage, and industrial systems, giving Navitas a combined wide-bandgap GaN-plus-SiC offering across the power spectrum.
40 patents on file, but none with both an extractable figure and an abstract on Google Patents yet.