Navitas Semiconductor Corporation · NASDAQ:NVTS
Navitas Semiconductor — Q3 2026 Earnings Presentation
11 slides from Navitas Semiconductor's earnings presentation, Nov 3, 2026
Slide 1: Navitas Semiconductor Investor Update Q3 2026
Proprietary - Navitas Semiconductor - All Rights Reserved Navitas Semiconductor Investor Update NOVEMBER 2026 Q3 2026
Slide 2: Notice: Cautionary Statement Regarding Forward-Looking Statements
2 Confidential and/or Proprietary - Navitas Semiconductor Notice Cautionary Statement Regarding Forward-Looking Statements This investor presentation includes “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Forward- looking statement
Slide 3: Non-GAAP Financial Highlights
3 Confidential and/or Proprietary - Navitas Semiconductor Non-GAAP Financial Highlights 2026 Q2 Q3 Q4(1) FY(1) Actual Guidance Revenue $10.5M $14.0M $16.0M +/- $0.5M $49.1M +/- $0.5M QoQ Growth 22% 33% 14% YoY Growth (27%) 38% 119% ~7% Gross Margin 39.5% 40.0% 40.5% +/- 1.0% ~39.9% QoQ Expansion 0.5
Slide 4: Financial Pivot: Back to YoY Growth Driven by High Power
4 Confidential and/or Proprietary - Navitas Semiconductor Financial Pivot: Back to YoY Growth Driven by High Power $10.1 $7.3 $8.6 $10.5 $14.0 $15.5 $16.5 0% 10% 20% 30% 40% 50% 60% 70% 80% $- $1.0 $2.0 $3.0 $4.0 $5.0 $6.0 $7.0 $8.0 $9.0 $10.0 $11.0 $12.0 $13.0 $14.0 $15.0 $16.0 $17.0 Q3 2025 Q4 202
Slide 5: Navitas 2.0 – Right Strategy at the Right Time
5 Confidential and/or Proprietary - Navitas Semiconductor Navitas 2.0 – Right Strategy at the Right Time THE TRANSFORMATION 2025 Mobile / Low-end consumer Q4 2026 High-power Four high-power markets AI Data Centers Energy & Grid Performance Computing Industrial Electrification AI Infrastructure AI IN
Slide 6: Navitas 2.0 Pillars of Transformation
6 Confidential and/or Proprietary - Navitas Semiconductor Navitas 2.0 Pillars of Transformation Market Focus Navitas 2.0 transformation is essentially complete – High Power company focused on AI Infrastructure with grid to xPU power portfolio – Key markets : AI Data Centers, Grid and Energy Infrastr
Slide 7: Breaking the AI Infrastructure Power Wall
7 Confidential and/or Proprietary - Navitas Semiconductor Breaking the AI Infrastructure Power Wall
Slide 8: Navitas 2.0: Strategic Shift to High-Power Markets
8 Confidential and/or Proprietary - Navitas Semiconductor 4 2 O U R I M P A C T 2014 FOUNDED ~$3B MARKET CAP(1) NASDAQ: NVTS 350M+ UNITS SHIPPED 450+ PATENTS ISSUED / PENDING US HEADQUARTERED, R&D & FOUNDRY AI INFRASTRUCTURE FOCUSED S T R A T E G I C P R I O R I T I E S 1 Market Focus AI Infrastruct
Slide 9: Doubling SAM with a Focus on AI Infrastructure
9 Confidential and/or Proprietary - Navitas Semiconductor Doubling SAM with a Focus on AI Infrastructure Four focus markets 1 AI Datacenters GaN / SiC / IVR $5.3 B 2030 SAM 2 Grid & Energy Infrastructure HV / UHV SiC $1.6 B 3 High Performance Computing GaN $0.4 B 4 Industrial Electrification GaN / S
Slide 10: Navitas' GaN, SiC & IVR Portfolio Positioned Across AI Power Inflections
10 Confidential and/or Proprietary - Navitas Semiconductor Navitas’ GaN, SiC & IVR Portfolio Is Positioned Across Every Major AI Power Inflection 800V DC is inevitable as AI rack power and density increase, driving higher GaN + SiC content across four inflection points. IVR adoption enables the last
Slide 11: GAAP to Non-GAAP Reconciliation
11 Confidential and/or Proprietary - Navitas Semiconductor GAAP to Non-GAAP Reconciliation A reconciliation of our forward-looking non-GAAP gross margin and non-GAAP operating expenses to the most directly comparable GAAP measures is not provided because such items cannot be reasonably calculated wi
Navitas Semiconductor — Q3 2026 Earnings Presentation on 6ix