WOLFSPEED $WOLF Q4’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $149.6M (Est. $224M) 🔴 🔹 Adj. EPS: -$2.26 (Est. -$2.45) 🟢 🔹 Gross Margin: -25% 🔹 Free Cash Flow: -$60.9M (Est. -$108M) 🟢 Q1 Guide: 🔹 Revenue: $140M-$160M (Est. $150M) 🟡 🔹 Non-GAAP Gross Margin: Negative 🔹 Non-GAAP OpEx: $62M-$66M Segment Net Revenue: 🔹 Power Products: $106.3M 🔹 Materials Products: $43.3M Other Q4 Metrics: 🔹 Net Loss: -$145.4M 🔹 Operating Loss: -$115.4M 🔹 Adjusted EBITDA: -$62.4M 🔹 AI Data Center Revenue Growth: +20% QoQ 🔹 Cash & Investments: $1.1B Key Updates: 🔹 Launched: Fifth-generation SiC MOSFET 🔹 Board Appointment: Andy Mattes Comments: 🔸 “strong growth in AI data center applications and the launch of our fifth-generation SiC MOSFET” 🔸 “During the fourth quarter, our capital structure further improved as holders of $46 million of our convertible notes exercised a voluntary conversion of their debt to equity”