Navitas Reports $10.1M Q3 Revenue, Shifts Focus to High-Power AI Markets
Navitas Semiconductor, a leader in power semiconductor technology, has announced its financial results for the third quarter of 2025, revealing a strategic shift in focus towards high-power markets. This includes areas such as AI data centers, performance computing, energy and grid infrastructure, and industrial electrification.
Q3 2025 Financial Highlights
- Revenue: $10.1 million, a significant decrease from $21.7 million in Q3 2024, marking a decline of approximately 53%.
- GAAP Loss from Operations: $19.4 million, improved from $29.0 million year-over-year.
- Non-GAAP Loss from Operations: $11.5 million, slightly decreased from $12.7 million in Q3 2024.
- Cash Position: $150.6 million as of September 30, 2025.
Strategic Focus Shift
Navitas is moving away from the mobile and consumer markets to concentrate on high-power applications. This pivot aims to address the growing demand for semiconductor solutions tailored for high-performance scenarios related to AI and energy efficiency.
Partnership with NVIDIA
The company highlighted its collaboration with NVIDIA on a new 800V DC architecture for AI factory power systems. This partnership reinforces Navitas’s capabilities in delivering high-voltage solutions that enhance performance and efficiency.
Outlook for Q4 2025
Looking ahead, Navitas projects Q4 2025 revenue to be around $7.0 million, with a margin of ± $0.25 million. The anticipated non-GAAP gross margin is approximately 38.5%, reflecting the company’s ongoing efforts to streamline operations and focus on higher-margin products.
Market Position and Challenges
This strategic alignment puts Navitas in a better position to capitalize on emerging trends in high-power domains. However, the shift may temporarily reduce near-term revenue and distribution channels.
As competitors abound in the semiconductor space, Navitas will need to secure design wins and production contracts to validate its new market direction effectively.
