Navitas announces first quarter 2026 financial results
Revenue grew 18% sequentially with expanded gross margin, driven by high-power markets including AI data centers.
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Pure-play next-generation power semiconductor company
navitassemi.comLast updated
In short: Navitas Semiconductor reported strong Q1 2026 growth, secured a collaboration with NVIDIA, and reached a $4 million settlement over lending issues.
Revenue grew 18% sequentially with expanded gross margin, driven by high-power markets including AI data centers.
He brings over 30 years of semiconductor experience and will serve on compensation and governance committees.
She brings over 30 years of finance experience to lead financial strategy.
Revenue was $7.3M in Q4, down from prior periods, with expected sequential growth in Q1 2026.
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