Navitas Q3 revenue rises 38% to $14.0 million; GAAP net loss widens to $37.1 million
Navitas reported unaudited third-quarter 2026 revenue of $14.0 million, up 33% from the prior quarter and 38% from a year earlier, and guided fourth-quarter revenue to $16.0 million at the midpoint. GAAP net loss was $37.1 million, wider than the $19.2 million loss a year earlier but much narrower than the $228.2 million loss in the second quarter, which included a $203.1 million earnout charge. The company also closed its Claros acquisition on October 6, 2026.
Key points
- Q3 2026 revenue $14.0 million vs. $10.5 million in Q2 2026 and $10.1 million in Q3 2025
- GAAP net loss $37.1 million vs. $19.2 million in Q3 2025; non-GAAP net loss $6.9 million vs. $10.2 million
- Q4 2026 revenue guidance $16.0 million plus or minus $0.5 million; non-GAAP gross margin guided to 40.5%
- Claros acquisition closed October 6, 2026; AI infrastructure expected to exceed 40% of total sales by year-end
The filing
Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 03, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.