Wolfspeed, Inc. (WOLF) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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WOLF Revenue Growth
Revenue Breakdown (FY 2025)
WOLF's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
WOLF Revenue Analysis (2014–2025)
As of May 8, 2026, Wolfspeed, Inc. (WOLF) generated trailing twelve-month (TTM) revenue of $712.5 million, reflecting significant decline in growth of -19.0% year-over-year. The most recent quarter (Q3 2026) recorded $150.2 million in revenue, down 10.9% sequentially.
Looking at the longer-term picture, WOLF's 5-year compound annual growth rate (CAGR) stands at +10.0%, indicating steady revenue expansion. The company achieved its highest annual revenue of $1.66 billion in 2015.
Revenue diversification analysis shows WOLF's business is primarily driven by Power Products (100%). With over half of revenue concentrated in Power Products, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including ON (-9.0% YoY), STM (+0.6% YoY), and AEHR (-20.2% YoY), WOLF has underperformed the peer group in terms of revenue growth. Compare WOLF vs ON →
WOLF Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| WOLFCurrent | $713M | -19.0% | +10.0% | -175.4% | |
 ON | $6.0B | -9.0% | +2.7% | 12.5% | |
 STM | $11.8B | +0.6% | +3.0% | 2.7% | |
 AEHR | $59M | -20.2% | +21.5% | -7.3% | |
 MPWR | $2.8B | +26.4% | +27.0% | 26.1% | |
 SWKS | $4.1B | +2.3% | +4.0% | 12.2% |
WOLF Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $757.6M | -6.1% | $-121,600,000 | -16.1% | $-1,329,200,000 | -175.4% |
| 2024 | $807.2M | +6.4% | $77.4M | 9.6% | $-445,300,000 | -55.2% |
| 2023 | $758.5M | +32.6% | $242.9M | 32.0% | $-311,800,000 | -41.1% |
| 2022 | $572.1M | +8.8% | $208.1M | 36.4% | $-203,100,000 | -35.5% |
| 2021 | $525.6M | +11.7% | $150.1M | 28.6% | $-212,100,000 | -40.4% |
| 2020 | $470.7M | -56.4% | $144.0M | 30.6% | $-191,800,000 | -40.7% |
| 2019 | $1.08B | +16.8% | $375.4M | 34.8% | $15.5M | 1.4% |
| 2018 | $924.9M | -37.2% | $300.2M | 32.5% | $1.9M | 0.2% |
| 2017 | $1.47B | -8.9% | $439.1M | 29.8% | $-28,651,000 | -1.9% |
| 2016 | $1.62B | -2.6% | $478.2M | 29.6% | $9.8M | 0.6% |
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Start ComparisonWOLF — Frequently Asked Questions
Quick answers to the most common questions about buying WOLF stock.
Is WOLF's revenue growth accelerating or slowing?
WOLF revenue declined -19.0% year-over-year, contrasting with the 5-year CAGR of +10.0%. TTM revenue fell to $713M. This reverses the prior growth trend.
What is WOLF's long-term revenue growth rate?
Wolfspeed, Inc.'s 5-year revenue CAGR of +10.0% reflects the variable expansion pattern. Current YoY growth of -19.0% is below this long-term average.
How is WOLF's revenue distributed by segment?
WOLF reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.