The table below shows Navitas Semiconductor Corp's income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$45.92M
$83.30M
$79.46M
$37.94M
$23.74M
$11.85M
Cost of revenue
$31.67M
$54.96M
$48.39M
$26.00M
$13.05M
$8.13M
Gross profit
-
-
-
-
$10.69M
$3.71M
R&D
$49.83M
$76.00M
$68.83M
$50.32M
$27.48M
$13.05M
SG&A
NVTS annual revenue (10-K history)
Navitas Semiconductor Corp reported annual revenue of $45.92M for fiscal year 2025. That is down 44.9% from $83.30M in fiscal 2024. Over the 6 fiscal years shown, annual revenue grew from $11.85M (FY 2020) to $45.92M. Figures come from the company's audited annual reports as filed with the SEC.