Wolfspeed Inc 2026年季度报告

(Mark One)☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period ended December 28, 2025or☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from WOLFSPEED, INC. (Exact name of registrant as specified in its charter) Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act of1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject to such Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, oran emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and "emerging growth Large accelerated filerNon-accelerated filer If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with anynew or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Sections 12, 13 or 15(d) of the SecuritiesExchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court. Yes☒No☐ The number of shares outstanding of the registrant’s common stock, par value $0.00125 per share, as of January31, 2026, was 45,088,678. WOLFSPEED, INC.FORM 10-Q For the Quarterly Period Ended December28, 2025 Table of Contents Part I. Financial Information Item 1. Financial Statements (Unaudited) Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations Item 3. Quantitative and Qualitative Disclosures About Market Risk Part II. Other InformationItem 1. Legal ProceedingsItem 1A. Risk FactorsItem 2. Unregistered Sales of Equity Securities and Use of ProceedsItem 3. Defaults Upon Senior SecuritiesItem 4. Mine Safety DisclosuresItem 5. Other InformationItem 6. Exhibits PART I - FINANCIAL INFORMATION Item1.Financial Statements (Unaudited) Consolidated Balance Sheets as of December 28, 2025 and June 29, 2025Consolidated Statements of Operations for the periods of September 29, 2025, September 30, 2025 to December 28, 2025 andthe period from June 30, 2025 to September 29, 2025 and September 30, 2025 to December 28, 2025 and three and six monthsended December 29, 2024Consolidated Statements of Comprehensive Loss for the periods of September 29, 2025, September 30, 2025 to December 28, The accompanying notes are an integral part of the consolidated financial statements WOLFSPEED, INC.NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS Note 1Basis of Presentation and New Accounting StandardsNote 2Emergence from Voluntary Reorganization under Chapter 11Note 3Fresh Start AccountingNote 4Discontinued OperationsNote 5Revenue Recognition Note 6LeasesNote 7Commitments and ContingenciesNote 8InvestmentsNote 9Fair Value of Financial InstrumentsNote 10Intangible AssetsNote 11Long-term DebtNote 12Loss Per ShareNote 13Stock-Based CompensationNote 14Income TaxesNote 15RestructuringNote 16Subsequent Events Table of Contents Note 1 – Basis of Presentation and New Accounting Standards Overview Wolfspeed, Inc. (the "Company") is an innovator of wide bandgap semiconductors, focused on silicon carbide materials and devicesfor power applications. The Company’s product families include silicon carbide materials and power devices targeted for variousapplications in the Automotive domains including electric vehicles and fast charging, as well as existing and emerging applications in As further discussed below, upon the Company’s emergence from the Chapter 11 Cases (as defined below) on the first day of thesecond quarter of fiscal 2026 (the "Effective Date"), the Company adopted fresh start accounting, which resulted in a new basis ofaccounting, and the Company becoming a new entity for financial reporting purposes. References to “Successor” relate to the financialposition and results of operations of the Company after the Effective Date. References to “Predecessor” refer to the financial position Due to the lack of comparability with historical consolidated financial statements, the Company’s unaudited consolidated financialstatements and related footnotes are presented with a “black line”