Craft

Wolfspeed

Stock Price

$10.2

2024-09-27

Market Capitalization

$1.3 B

2024-09-27

Revenue

$807.2 M

FY, 2024

Wolfspeed Summary

Company Summary

Overview
Wolfspeed (formerly known as Cree) is a company that manufactures semiconductor products. It offers silicon-carbide (SiC) Schottky diodes, metal-oxide-semiconductor field-effect transistors (MOSFETs), power modules, gate driver boards, RF products, etc. The company caters to the transportation, industrial, energy, and communications sectors.
Type
Public
Status
Active
Founded
1987
HQ
Durham, NC, US | view all locations
Website
https://www.wolfspeed.com
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Gregg A. Lowe

    Gregg A. Lowe, President & Chief Executive Officer, Director

  • Jeff Ferraro

    Jeff Ferraro, SVP, Global Procurement and Planning

  • Adam Milton

    Adam Milton, SVP, Global Materials Operations

  • Neill Reynolds

    Neill Reynolds, Chief Financial Officer

Operating MetricsView all

Backlog

$2.9B
31.8%

FY, 2023

Facilities Owned

3

FY, 2023

Facilities Leased

2

FY, 2023

LocationsView all

13 locations detected

  • Durham, NC HQ

    United States

    4600 Silicon Drive

  • Durham, NC

    United States

    3028 E Cornwallis Rd

  • Fayetteville, AR

    United States

    535 W Research Blvd #209

  • Marcy, NY

    United States

    5757 Marcy-SUNY IT Parkway

  • Shanghai, Shanghai Shi

    China

    16/F, Block 1, Universal Hi-Tech Plaza No. 958 Zhenbei Road

  • Shanghai, Shanghai Shi

    China

    Room 101, HongyuanKechuang Building No.10, ZhangjiangJidian Port No.3000 Longdong Avenue

and 7 others

Wolfspeed Financials

Summary Financials

Revenue (FY, 2024)
$807.2M
Gross profit (FY, 2024)
$77.4M
Net income (FY, 2024)
($864.2M)
Cash (FY, 2024)
$1.0B
EBIT (FY, 2024)
($445.3M)
Enterprise value
$261.4M

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