Wolfspeed

Wolfspeed

Helps to make electronic devices operate more efficiently as its products are smaller, thinner and faster. Learn more

Launch date
Employees
Market cap
CAD1.4b
Enterprise valuation
CAD6.8b (Public information from Sep 2024)
Durham North Carolina (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues471m526m746m922m807m918m1.4b
% growth(13 %)12 %42 %24 %(12 %)14 %49 %
EBITDA(109m)(42.0m)(119m)108m(82.7m)--
% EBITDA margin(23 %)(8 %)(16 %)12 %(10 %)--
Profit(192m)(524m)(201m)(330m)(864m)--
% profit margin(41 %)(100 %)(27 %)(36 %)(107 %)--
R&D budget152m178m196m225m202m--
R&D % of revenue32 %34 %26 %24 %25 %--
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DateInvestorsAmountRound
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N/A

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IPO

$30.0m

Grant

$850m

Valuation: $850m

Acquisition
*
N/A

$500m

Post IPO Debt
*
N/A

$1.5b

Post IPO Convertible
*

$1.3b

Post IPO Debt
*

$35.6m

Post IPO Equity
Total FundingCAD40.9m

Recent News about Wolfspeed

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More about Wolfspeedinfo icon
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Wolfspeed is a pioneering company specializing in silicon carbide (SiC) technology, which is used to create energy-efficient power and radio frequency (RF) applications. The company serves a diverse range of clients, including those in the automotive, industrial, and telecommunications sectors. Operating in the semiconductor market, Wolfspeed focuses on producing SiC materials and devices that offer superior performance compared to traditional silicon-based products. The business model revolves around the design, manufacture, and sale of SiC wafers, power devices, and RF components. Revenue is generated through direct sales to manufacturers and through licensing agreements. Wolfspeed's innovative solutions help clients achieve higher efficiency, reduced energy consumption, and improved performance in their applications.

Keywords: Silicon carbide, energy-efficient, power applications, RF applications, automotive, industrial, telecommunications, semiconductor, wafers, devices.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Wolfspeed

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Arkansas Power Electronics International
ACQUISITION by Wolfspeed Jul 2015
Ruud Lighting
ACQUISITION by Wolfspeed Aug 2011
LED Lighting Fixtures
ACQUISITION by Wolfspeed Feb 2008