Wolfspeed, Inc. (WOLF) Balance Sheet
WOLF balance sheet, FY2026
June 30, 2026 · U.S. dollars$3.00B assets = $2.07B liabilities + $930.2M equity
Both columns are drawn to the same scale: what WOLF owns equals what it owes plus shareholders’ equity. Hover a block for its value.
WOLF financial health
Current ratio6.86
Comfortable · current assets cover current liabilities 6.86×
Debt / equity1.93
High leverage · $1.93 of debt for each $1 of equity
Equity / assets31.0%
Balanced · of assets funded by shareholders
Cash / debt60.6%
Partial cover · cash & short-term investments vs total debt
Goodwill & intangibles13.1%
Mostly tangible · of total assets
Descriptive bands, not a rating. Fiscal FY2026.
WOLF balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $2.65BFY2017 | $3.00BFY2026 | +1.4%/yr | |
| Total liabilities | $427.1MFY2017 | $2.07BFY2026 | +19.2%/yr | |
| Shareholders’ equity | $2.22BFY2017 | $930.2MFY2026 | −9.2%/yr | |
| Cash & short-term investments | $610.9MFY2017 | $1.09BFY2026 | +6.6%/yr | |
| Total debt | $145.0MFY2017 | $1.80BFY2026 | +32.3%/yr | |
| Net cash (debt) | $465.9MFY2017 | −$707.6MFY2026 | −$1.2B | |
| Working capital | $888.6MFY2017 | $1.36BFY2026 | +$469.2M | |
| Book value per share | $67.57FY2017 | $23.79FY2026 | −11.0%/yr | |
| Current ratio | 5.19FY2017 | 6.86FY2026 | +1.67 | |
| Debt / equity | 0.07FY2017 | 1.93FY2026 | +1.87 | |
| Shares outstanding | 32.9MFY2017 | 39.1MFY2026 | +1.9%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
WOLF assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
WOLF liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
WOLF debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
WOLF balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $1.09B | $1.06B | $2.17B | $2.95B | $1.20B | $1.15B | $1.24B | $1.05B | $387.1M | $610.9M |
| Cash & equivalents | $576.3M | $467.2M | $1.05B | $1.76B | $449.5M | $379.0M | $448.8M | $500.5M | $118.9M | $132.6M |
| Short-term investments | $512.3M | $590.2M | $1.13B | $1.20B | $749.3M | $775.6M | $790.9M | $550.9M | $268.2M | $478.3M |
| Receivables | $188.6M | $885.1M | $288.7M | $265.3M | $295.0M | $102.3M | $79.0M | $129.1M | $88.7M | $156.4M |
| Inventory | $234.2M | $451.2M | $461.2M | $288.8M | $230.9M | $166.6M | $121.9M | $187.4M | $151.6M | $284.4M |
| Other current assets | $78.0M | $148.5M | $75.1M | $97.5M | $37.7M | $55.2M | $152.2M | $44.9M | $263.0M | $48.9M |
| Total current assets | $1.59B | $2.54B | $3.00B | $3.61B | $1.76B | $1.48B | $1.59B | $1.41B | $890.4M | $1.10B |
| Property, plant & equipment (net) | $691.4M | $3.92B | $3.65B | $2.26B | $1.48B | $1.30B | $783.1M | $625.2M | $589.1M | $581.3M |
| Goodwill & intangible assets | $392.2M | $23.8M | $383.1M | $383.1M | $484.6M | $499.7M | $506.6M | $727.9M | $745.8M | $893.1M |
| Long-term investments | $0 | $0 | $79.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $331.9M | $371.9M | $870.3M | $333.6M | $189.4M | $164.0M | $348.5M | $51.0M | $412.5M | $74.8M |
| Total assets | $3.00B | $6.85B | $7.98B | $6.59B | $3.92B | $3.45B | $3.23B | $2.82B | $2.64B | $2.65B |
| Liabilities | ||||||||||
| Accounts payable | $17.4M | $30.6M | $53.0M | $44.9M | $57.8M | $44.2M | $88.1M | $90.7M | $68.4M | $133.2M |
| Short-term debt | $7.8M | $6.54B | $500,000 | $500,000 | $500,000 | $9.7M | $8.4M | — | — | — |
| Deferred revenue | — | $50.0M | $62.3M | $39.0M | $37.0M | $22.9M | $14.2M | $45.8M | — | — |
| Total current liabilities | $231.6M | $7.09B | $665.3M | $627.9M | $388.5M | $448.8M | $291.2M | $268.2M | $248.6M | $212.0M |
| Long-term debt | $1.69B | $0 | $6.16B | $4.18B | $1.02B | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $108.7M | $8.9M | $9.4M | $9.7M | $10.1M | — | — | — | — | — |
| Other long-term liabilities | $155.6M | $211.5M | $276.1M | $161.8M | $68.1M | $881.5M | $850.6M | $507.5M | $317.1M | $215.0M |
| Total liabilities | $2.07B | $7.30B | $7.10B | $4.96B | $1.48B | $1.33B | $1.14B | $775.7M | $565.7M | $427.1M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $100,000 | $200,000 | $200,000 | $200,000 | $200,000 | $100,000 | $100,000 | $100,000 | $100,000 | $121,000 |
| Retained earnings (deficit) | −$415.8M | −$4.54B | −$2.93B | −$2.06B | −$1.76B | −$1.56B | −$1.04B | −$847.5M | −$482.7M | −$202.7M |
| Accumulated other comprehensive income | — | −$3.8M | −$11.6M | −$25.1M | −$25.3M | $2.7M | $16.0M | $9.5M | $599,999 | $5.9M |
| Total shareholders' equity | $930.2M | −$447.1M | $882.1M | $1.62B | $2.44B | $2.12B | $2.08B | $2.04B | $2.07B | $2.22B |
| Key figures | ||||||||||
| Total debt | $1.80B | $6.55B | $6.17B | $4.18B | $1.03B | $858.6M | $818.6M | $469.1M | $292.0M | $145.0M |
| Net cash (debt) | −$707.6M | −$5.49B | −$4.00B | −$1.23B | $167.1M | $296.0M | $421.1M | $582.3M | $95.1M | $465.9M |
| Working capital | $1.36B | −$4.55B | $2.33B | $2.98B | $1.37B | $1.03B | $1.30B | $1.14B | $641.8M | $888.6M |
| Tangible book value | $538.0M | −$470.9M | $499.0M | $1.24B | $1.95B | $1.62B | $1.58B | $1.31B | $1.32B | $1.33B |
| Book value per share | $23.79 | −$9.47 | $7.02 | $39.04 | $60.80 | $56.40 | $57.78 | $58.86 | $62.18 | $67.57 |
| Shares outstanding | 39.1M | 47.2M | 125.7M | 41.5M | 40.1M | 37.5M | 36.1M | 34.6M | 33.2M | 32.9M |
| Current ratio | 6.86 | 0.36 | 4.51 | 5.74 | 4.54 | 3.29 | 5.47 | 5.27 | 3.58 | 5.19 |
| Quick ratio | 5.51 | 0.27 | 3.70 | 5.13 | 3.85 | 2.80 | 4.53 | 4.40 | 1.91 | 3.62 |
| Debt / equity | 1.93 | — | 7.00 | 2.58 | 0.42 | 0.41 | 0.39 | 0.23 | 0.14 | 0.07 |
| Equity / assets | 31.0% | −6.5% | 11.0% | 24.6% | 62.3% | 61.4% | 64.5% | 72.3% | 78.4% | 83.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $1.09B | $1.16B | $811.3M | $885.0M | $1.06B | $1.40B | $1.40B | $1.69B | $2.17B | $2.55B | $2.64B | $3.35B |
| Cash & equivalents | $576.3M | $695.1M | $547.8M | $530.6M | $467.2M | $730.2M | $614.0M | $726.1M | $1.05B | $1.14B | $904.4M | $1.76B |
| Short-term investments | $512.3M | $469.7M | $263.5M | $354.4M | $590.2M | $669.5M | $790.8M | $961.5M | $1.13B | $1.41B | $1.73B | $1.59B |
| Receivables | $188.6M | $173.7M | $217.9M | $847.5M | $885.1M | $783.9M | $187.3M | $189.5M | $289.8M | $228.5M | $303.8M | $289.1M |
| Inventory | $234.2M | $314.9M | $348.8M | $414.1M | $451.2M | $459.1M | $477.1M | $467.9M | $461.2M | $442.1M | $397.7M | $344.5M |
| Other current assets | $78.0M | $55.7M | $554.6M | $168.3M | $148.5M | $227.5M | $157.9M | $113.4M | $74.0M | $109.5M | $108.9M | $98.5M |
| Total current assets | $1.59B | $1.71B | $1.93B | $2.31B | $2.54B | $2.87B | $2.23B | $2.46B | $3.00B | $3.33B | $3.45B | $4.08B |
| Property, plant & equipment (net) | $691.4M | $717.1M | $867.8M | $3.92B | $3.92B | $3.91B | $3.90B | $4.07B | $3.75B | $3.32B | $2.95B | $2.55B |
| Goodwill & intangible assets | $392.2M | $409.2M | $426.8M | $24.2M | $23.8M | $383.0M | $382.5M | $382.9M | $383.1M | $382.9M | $383.1M | $383.9M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $95.0M | $79.3M | $0 | $0 | $0 | $0 |
| Other non-current assets | $331.9M | $311.9M | $217.9M | $296.8M | $371.9M | $409.4M | $1.13B | $869.7M | $850.4M | $666.1M | $515.5M | $297.0M |
| Total assets | $3.00B | $3.15B | $3.45B | $6.55B | $6.85B | $7.57B | $7.74B | $7.86B | $7.98B | $7.70B | $7.29B | $7.31B |
| Liabilities | ||||||||||||
| Accounts payable | $17.4M | $115.7M | $33.5M | $24.3M | $30.6M | $59.3M | $54.2M | $73.5M | $53.0M | $52.4M | $46.1M | $64.9M |
| Short-term debt | $200,000 | $300,000 | $500,000 | — | $6.54B | $500,000 | $500,000 | $8.2M | $7.4M | $7.2M | $7.0M | $7.0M |
| Deferred revenue | — | — | $76.6M | $72.9M | $50.0M | $44.6M | $42.1M | $62.9M | $62.3M | $55.8M | $51.1M | $44.8M |
| Total current liabilities | $231.6M | $243.1M | $297.1M | $299.6M | $7.09B | $618.5M | $707.3M | $782.9M | $665.3M | $727.0M | $671.2M | $749.3M |
| Long-term debt | $0 | $1.72B | $1.96B | $0 | $0 | $4.49B | $4.47B | $6.17B | $0 | $0 | $0 | $0 |
| Lease obligations | — | $102.6M | $102.4M | $0 | $8.9M | $9.0M | $9.2M | $9.3M | — | — | — | — |
| Other long-term liabilities | $1.84B | $162.0M | $556.9M | $7.33B | $211.5M | $2.25B | $2.20B | $276.1M | $6.44B | $5.95B | $5.47B | $5.32B |
| Total liabilities | $2.07B | $2.13B | $2.82B | $7.63B | $7.30B | $7.36B | $7.37B | $7.23B | $7.10B | $6.67B | $6.14B | $6.07B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $100,000 | $100,000 | — | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 |
| Retained earnings (deficit) | −$415.8M | −$270.5M | −$150.6M | −$5.18B | −$4.54B | −$3.87B | −$3.58B | −$3.21B | −$2.93B | −$2.75B | −$2.60B | −$2.46B |
| Accumulated other comprehensive income | — | −$200,000 | $400,000 | −$3.0M | −$3.8M | −$4.4M | −$5.7M | −$4.3M | −$11.6M | −$12.7M | −$12.2M | −$23.2M |
| Total shareholders' equity | $930.2M | $1.02B | $627.4M | −$1.08B | −$447.1M | $212.7M | $372.6M | $628.9M | $882.1M | $1.02B | $1.15B | $1.25B |
| Key figures | ||||||||||||
| Total debt | $1.69B | $1.82B | $2.07B | $7.32B | $6.55B | $4.50B | $4.47B | $6.43B | $6.41B | $5.90B | $5.41B | $5.40B |
| Net cash (debt) | −$600.8M | −$658.3M | −$1.25B | −$6.43B | −$5.49B | −$3.10B | −$3.07B | −$4.74B | −$4.23B | −$3.35B | −$2.77B | −$2.06B |
| Working capital | $1.36B | $1.47B | $1.64B | $2.02B | −$4.55B | $2.25B | $1.52B | $1.68B | $2.33B | $2.60B | $2.77B | $3.33B |
| Tangible book value | $538.0M | $612.5M | $200.6M | −$1.10B | −$470.9M | −$170.3M | −$9.9M | $246.0M | $499.0M | $639.7M | $767.1M | $861.8M |
| Book value per share | $17.96 | $19.57 | $12.01 | −$20.71 | −$8.60 | $4.14 | $5.90 | $14.86 | $20.92 | $24.33 | $27.42 | $29.81 |
| Shares outstanding | 51.8M | 52.2M | 52.2M | 52.2M | 52.0M | 51.4M | 63.1M | 42.3M | 42.2M | 42.0M | 42.0M | 41.8M |
| Current ratio | 6.86 | 7.03 | 6.50 | 7.73 | 0.36 | 4.64 | 3.15 | 3.14 | 4.51 | 4.58 | 5.13 | 5.44 |
| Quick ratio | 5.51 | 5.51 | 3.46 | 5.78 | 0.27 | 3.53 | 2.25 | 2.40 | 3.70 | 3.82 | 4.38 | 4.85 |
| Debt / equity | 1.82 | 1.78 | 3.29 | — | — | 21.15 | 12.01 | 10.23 | 7.26 | 5.77 | 4.70 | 4.34 |
| Equity / assets | 31.0% | 32.5% | 18.2% | −16.5% | −6.5% | 2.8% | 4.8% | 8.0% | 11.0% | 13.3% | 15.8% | 17.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed August 20, 2026); data from EODHD.
WOLF financial position
At the end of fiscal 2026 (June 30, 2026), Wolfspeed had total assets of $3.0 billion (down 56.2% from a year earlier), total liabilities of $2.1 billion and shareholders' equity of $930.2 million. It held $1.1 billion in cash and short-term investments against $1.8 billion of debt, net debt of $707.6 million. Its current ratio was 6.86.
Related: WOLF income statement, WOLF cash flow statement, WOLF key metrics. See the WOLF stock overview for the latest quote and news.
WOLF balance sheet FAQ
What are Wolfspeed's total assets?
Wolfspeed reported total assets of $3.0 billion at the end of fiscal 2026 (June 30, 2026), compared with $6.9 billion a year earlier.
How much debt does Wolfspeed have?
Wolfspeed had $1.8 billion of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 1.93.
How much cash does Wolfspeed have?
Wolfspeed held $1.1 billion in cash and short-term investments at the end of fiscal 2026; with $1.8 billion of debt that is net debt of $707.6 million.
What is Wolfspeed's book value?
Wolfspeed's shareholders' equity (book value) was $930.2 million at the end of fiscal 2026, or $23.79 per share.
What is Wolfspeed's current ratio?
Wolfspeed had current assets of $1.6 billion and current liabilities of $231.6 million, a current ratio of 6.86 (it can cover its short-term obligations).
How much goodwill does Wolfspeed have?
Wolfspeed carried $392.2 million of goodwill and intangible assets, 13.1% of total assets, at the end of fiscal 2026.