Navitas Semiconductor (NVTS) targets operating breakeven. A strategic shift toward higher-power applications drives this transition. These applications include AI data centers, grid infrastructure, and industrial electrification.
The company's AI infrastructure revenues grew 50% sequentially in the first quarter of 2026. Navitas estimates this segment represents a significant opportunity by 2030.
Navitas reported $8.6 million in revenue for the first quarter of 2026. The company projects $10 million in revenue for the second quarter of 2026. This forecast represents a 16% sequential increase.
Adjusted gross margins are expected to improve modestly. Quarterly revenues in the high-$30 million range could yield operating profit or breakeven. This target assumes stable operating expenses.