Wolfspeed, Inc. cash flow statement WOLF

Annual Quarterly

In fiscal 2026, which ended Jun 29, 2025, Wolfspeed, Inc. used $711.7 million of cash from operations. It spent $1.3 billion on capital expenditures. Free cash flow was negative, at -$2.0 billion.

USD in millions, except per-share amounts and ratios. The percent under a figure is the change from the year before.

Line	FY 2027 Sep 27, 2026	FY 2026 Jun 29, 2025	FY 2024 Jun 30, 2024	FY 2023 Jun 25, 2023	FY 2022 Jun 26, 2022	FY 2021 Jun 27, 2021	FY 2020 Jun 28, 2020	FY 2019 Jun 30, 2019	FY 2018 Jun 24, 2018	FY 2017 Jun 25, 2017	FY 2016 Jun 26, 2016
Operating
Depreciation and amortization	—	252	181 +24.3%	146 +30.6%	112 -7.8%	121 +24.5%	97 +12.6%	86 -22.8%	112 -25.8%	150 -5.4%	159 -8.2%
Stock-based compensation	—	73	85 +16.8%	73 +35.4%	54 +0.9%	53 +12.7%	47 +10.0%	43	—	—	59 -8.7%
Operating cash flow	—	-712	-726 -408.8%	-143 +7.5%	-154 -22.9%	-126 -332.8%	-29 -114.3%	202 +16.6%	174 -21.3%	220 +8.5%	203 +12.2%
Investing
Capital expenditures	—	1,271	2,274 +139.5%	950 +49.1%	637 +11.6%	570 +148.2%	230 +84.4%	125 -27.6%	172 +98.3%	87 -27.6%	120 -41.8%
Investing cash flow	—	-268	-1,943 -69.4%	-1,147 -193.4%	-391 +12.8%	-449 +7.9%	-487 -114.4%	-227 +46.4%	-424 -191.9%	-145 -1737.3%	-8 +51.0%
Financing
Debt issued	—	—	—	—	—	—	—	95	—	—	—
Debt repaid	—	—	—	—	—	—	—	387	—	—	—
Stock buybacks	—	—	—	—	—	—	—	0	0 -100.0%	104 -30.5%	150 -72.8%
Financing cash flow	—	400	1,958 -24.6%	2,597 +321.7%	616 +22.2%	504 +8.6%	464 +14.2%	406 +71.9%	236 +317.6%	-109 +35.2%	-168 +46.1%
Change in cash
Effect of exchange rate	—	1	-0	0 +100.0%	-0 -200.0%	0 +300.0%	-0 +0.0%	-0	—	—	—
Net change in cash	—	-579	-711 -154.4%	1,308 +1754.6%	70 +201.0%	-70 -35.0%	-52 -113.5%	382	—	—	—
Free cash flow	—	-1,983	-3,000 -174.6%	-1,092 -38.1%	-791 -13.6%	-696 -168.8%	-259 -433.6%	78 +6366.7%	1 -99.1%	134 +60.4%	83 +434.4%
Per share
Free cash flow per share	—	-14.03	-23.86 -171.8%	-8.78 -33.4%	-6.59 -6.3%	-6.20	—	0.75 +6114.1%	0.01 -99.1%	1.36 +65.8%	0.82 +471.4%
Shareholder returns
Returned to shareholders	—	—	—	—	—	—	—	0	0	104	150
Share of free cash flow	—	—	—	—	—	—	—	0.00%	0.00%	77.84%	179.54%
Ratios
Free cash flow margin	—	-261.76%	-371.61%	-143.99%	-138.26%	-132.42%	-28.64%	7.19%	—	—	—
Capital expenditures to revenue	—	167.82%	281.71%	125.19%	111.31%	108.54%	25.43%	11.55%	—	—	—
Stock-based compensation to revenue	—	9.68%	10.52%	9.58%	9.39%	10.12%	5.22%	3.97%	—	—	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and ratios. Capital expenditures, debt repaid, dividends, and buybacks are positive amounts. Investing and financing cash flow keep the filing sign, so an outflow is negative. Free cash flow is operating cash flow minus capital expenditures. The first column is the trailing twelve months through the latest quarter. Returned to shareholders is dividends plus buybacks. Free cash flow margin, capital expenditures, and stock-based compensation are divided by revenue. Cash conversion is operating cash flow divided by net income. More on our methodology.

Company profile

Industry: Semiconductors & Related Devices (SIC 3674)
Listed as: WOLF (NYSE)
Fiscal year ends: June 29
Incorporated in: DE
Headquarters: Durham, NC
SEC filer status: Accelerated filer
SEC CIK: 895419
Former names: CREE, INC. (until Oct 1, 2021); CREE INC (until Aug 5, 2019); CREE RESEARCH INC /NC/ (until May 11, 1999)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.