Wolfspeed reported its QQ4 2025 quarter with revenue of $197.0 million and a net loss of $669.3 million, illustrating pronounced profitability headwinds despite modest top-line growth. The gross loss of $25.7 million translated into an EBITDA of -$534.2 million and an operating loss of -$581.6 million, underscoring the ongoing impact of ramp costs, fixed-cost absorption, and sizable non-cash and other expenses. Free cash flow was deeply negative at -$455.8 million, and cash flow from operations registered -$242.5 million, signaling continued cash burn as Wolfspeed advances its SiC/RF product initiatives and capacity investments. The company ends the period with cash of $467.2 million, total debt of $6.5469 billion, and net debt of $6.0797 billion; equity remains negative at -$4.471 billion, highlighting balance sheet fragility and liquidity risk in the near term.