SEC filings and other documents

Q2 revenue up 22% to $10.5M, driven by AI infrastructure and high-power markets.

Director elections and auditor ratification approved; board declassification rejected.

Pivot to high-power markets and grid modernization drives growth in GaN and SiC technologies.

High-power and AI infrastructure drove 18% sequential revenue growth and margin expansion in Q1 2026.

Pivoting from mobile, the company targets high power growth in AI data centers and grid infrastructure.

Accelerated focus on AI-driven power markets and seamless foundry transition target $3.5B SAM by 2030.

Targeting high-power GaN and SiC markets, with 60–75% CAGR to $5.4B SAM by 2030.

High-power markets now drive growth, with sequential revenue and margin expansion expected in 2026.

Strategic shift to high-power markets drives near-term revenue dip, setting up 2026 growth.

Strategic shift to AI data centers drives long-term growth focus as near-term revenue softens.

AI data centers are accelerating the shift to high-efficiency GaN and SiC power solutions.

AI and 800V data centers drive rapid adoption of GaN and SiC power chips, fueling future growth.

Q1 revenue met guidance; tech milestones and design wins position for 2026 growth.

Strong design wins and focus on GaN/SiC drive growth outlook in mobile, EV, and data centers.

Navitas grew revenue 5% but narrowed losses via restructuring and cost controls in 2024.