Wolfspeed Historical Income Statement

WOLF Stock  USD 9.94  1.50  17.77%   
Historical analysis of Wolfspeed income statement accounts such as Depreciation And Amortization of 190.1 M, Total Revenue of 695.7 M, Gross Profit of 73.5 M or Other Operating Expenses of 713.2 M can show how well Wolfspeed performed in making a profits. Evaluating Wolfspeed income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Wolfspeed's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Wolfspeed latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Wolfspeed is a good buy for the upcoming year.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wolfspeed. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more detail on how to invest in Wolfspeed Stock please use our How to Invest in Wolfspeed guide.

About Wolfspeed Income Statement Analysis

Wolfspeed Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Wolfspeed shareholders. The income statement also shows Wolfspeed investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Wolfspeed Income Statement Chart

At this time, Wolfspeed's Interest Income is most likely to increase significantly in the upcoming years. The Wolfspeed's current Discontinued Operations is estimated to increase to about 113.7 M, while Gross Profit is projected to decrease to roughly 73.5 M.

Total Revenue

Total revenue comprises all receipts Wolfspeed generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Wolfspeed minus its cost of goods sold. It is profit before Wolfspeed operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Wolfspeed. It is also known as Wolfspeed overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Wolfspeed income statement and represents the costs associated with goods and services Wolfspeed provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most accounts from Wolfspeed's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Wolfspeed current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wolfspeed. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more detail on how to invest in Wolfspeed Stock please use our How to Invest in Wolfspeed guide.At this time, Wolfspeed's Interest Income is most likely to increase significantly in the upcoming years. The Wolfspeed's current Discontinued Operations is estimated to increase to about 113.7 M, while Gross Profit is projected to decrease to roughly 73.5 M.
 2021 2022 2023 2024 (projected)
Total Revenue746.2M921.9M807.2M695.7M
Depreciation And Amortization129.8M164M181M190.1M

Wolfspeed income statement Correlations

-0.07-0.310.14-0.69-0.7-0.440.030.36-0.72-0.4-0.730.120.41-0.04-0.650.6-0.540.630.63-0.430.14-0.610.28
-0.070.920.950.390.530.640.980.620.42-0.010.380.170.50.710.31-0.540.36-0.31-0.480.190.290.550.06
-0.310.920.820.620.660.70.840.540.680.280.670.230.410.530.36-0.550.6-0.57-0.620.460.060.65-0.16
0.140.950.820.140.330.480.970.810.2-0.070.190.120.720.710.19-0.350.28-0.18-0.270.080.30.320.08
-0.690.390.620.140.610.470.27-0.210.960.570.860.4-0.290.190.52-0.620.54-0.65-0.790.55-0.070.8-0.24
-0.70.530.660.330.610.950.46-0.050.680.050.71-0.16-0.190.450.4-0.70.61-0.62-0.780.520.110.84-0.07
-0.440.640.70.480.470.950.590.10.55-0.090.57-0.14-0.050.550.22-0.620.54-0.51-0.710.480.190.790.02
0.030.980.840.970.270.460.590.640.3-0.120.260.130.540.790.27-0.510.27-0.22-0.420.090.370.490.12
0.360.620.540.81-0.21-0.050.10.64-0.090.05-0.020.050.960.33-0.060.130.22-0.050.170.060.07-0.18-0.03
-0.720.420.680.20.960.680.550.3-0.090.670.960.36-0.220.240.47-0.660.75-0.79-0.80.68-0.120.81-0.28
-0.4-0.010.28-0.070.570.05-0.09-0.120.050.670.680.46-0.03-0.180.23-0.160.64-0.54-0.290.54-0.310.25-0.24
-0.730.380.670.190.860.710.570.26-0.020.960.680.2-0.160.210.37-0.610.88-0.91-0.80.79-0.280.78-0.42
0.120.170.230.120.4-0.16-0.140.130.050.360.460.20.010.1-0.07-0.120.1-0.11-0.150.080.040.15-0.05
0.410.50.410.72-0.29-0.19-0.050.540.96-0.22-0.03-0.160.010.18-0.090.290.020.080.28-0.050.01-0.32-0.07
-0.040.710.530.710.190.450.550.790.330.24-0.180.210.10.180.31-0.690.3-0.21-0.44-0.040.570.540.22
-0.650.310.360.190.520.40.220.27-0.060.470.230.37-0.07-0.090.31-0.570.18-0.12-0.3-0.130.420.360.17
0.6-0.54-0.55-0.35-0.62-0.7-0.62-0.510.13-0.66-0.16-0.61-0.120.29-0.69-0.57-0.510.530.75-0.13-0.29-0.8-0.02
-0.540.360.60.280.540.610.540.270.220.750.640.880.10.020.30.18-0.51-0.89-0.620.77-0.270.59-0.42
0.63-0.31-0.57-0.18-0.65-0.62-0.51-0.22-0.05-0.79-0.54-0.91-0.110.08-0.21-0.120.53-0.890.76-0.80.51-0.670.68
0.63-0.48-0.62-0.27-0.79-0.78-0.71-0.420.17-0.8-0.29-0.8-0.150.28-0.44-0.30.75-0.620.76-0.580.08-0.960.28
-0.430.190.460.080.550.520.480.090.060.680.540.790.08-0.05-0.04-0.13-0.130.77-0.8-0.58-0.520.55-0.46
0.140.290.060.3-0.070.110.190.370.07-0.12-0.31-0.280.040.010.570.42-0.29-0.270.510.08-0.520.110.8
-0.610.550.650.320.80.840.790.49-0.180.810.250.780.15-0.320.540.36-0.80.59-0.67-0.960.550.11-0.07
0.280.06-0.160.08-0.24-0.070.020.12-0.03-0.28-0.24-0.42-0.05-0.070.220.17-0.02-0.420.680.28-0.460.8-0.07
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Wolfspeed Account Relationship Matchups

Wolfspeed income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization97.1M120.9M129.8M164M181M190.1M
Total Revenue470.7M525.6M746.2M921.9M807.2M695.7M
Gross Profit158.5M164.6M249.3M279.5M77.4M73.5M
Other Operating Expenses693.3M764M994.3M1.3B1.2B713.2M
Operating Income(222.6M)(238.4M)(248.1M)(380.6M)(372M)(353.4M)
Ebit(205.8M)(294.8M)(261.0M)(235.6M)(326.2M)(309.9M)
Ebitda(108.7M)(173.9M)(131.2M)(71.6M)(145.2M)(137.9M)
Cost Of Revenue312.2M361M496.9M642.4M729.8M455.6M
Total Operating Expenses381.1M403M497.4M658.1M448.3M257.6M
Income Before Tax(205.6M)(340.2M)(286.1M)(328.5M)(572.5M)(543.9M)
Total Other Income Expense Net17M(26.3M)(83M)52M(200.5M)(190.5M)
Net Income(197.6M)(341.3M)(295.1M)(329.9M)(864.2M)(821.0M)
Income Tax Expense12.7M(8M)1.1M9M1.4M1.0M
Research Development152M177.8M196.4M225.4M201.9M105.4M
Selling General Administrative177.9M176.5M196M223.8M246.4M184.3M
Selling And Marketing Expenses3.8M5.1M7.5M11.5M13.8M9.2M
Tax Provision12.7M200K1.1M9M1.4M1.2M
Net Interest Income(18.5M)(35.3M)(13.3M)15.6M(111.3M)(105.7M)
Discontinued Operations(256.6M)5.9M(181.2M)94.2M108.3M113.7M
Interest Expense34.9M45.4M25.1M42.6M246.3M258.6M
Net Income From Continuing Ops(190.6M)(341.3M)(295.1M)(329.9M)(573.6M)(544.9M)
Reconciled Depreciation123.9M120.9M129.8M164M181M159.8M
Net Income Applicable To Common Shares(191.7M)(523.9M)(200.9M)(329.9M)(296.9M)(311.8M)

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When determining whether Wolfspeed is a strong investment it is important to analyze Wolfspeed's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Wolfspeed's future performance. For an informed investment choice regarding Wolfspeed Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wolfspeed. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more detail on how to invest in Wolfspeed Stock please use our How to Invest in Wolfspeed guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Wolfspeed. If investors know Wolfspeed will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Wolfspeed listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.80)
Revenue Per Share
6.38
Quarterly Revenue Growth
(0.01)
Return On Assets
(0.03)
Return On Equity
(0.78)
The market value of Wolfspeed is measured differently than its book value, which is the value of Wolfspeed that is recorded on the company's balance sheet. Investors also form their own opinion of Wolfspeed's value that differs from its market value or its book value, called intrinsic value, which is Wolfspeed's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Wolfspeed's market value can be influenced by many factors that don't directly affect Wolfspeed's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Wolfspeed's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wolfspeed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wolfspeed's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.