Navitas Semiconductor Reports 38% Revenue Growth in Q3 2026

• Navitas Semiconductor reported a 38% increase in third-quarter revenue, reaching $14.0 million.
• This marks the company's first year-over-year revenue gain since 2024.
• Shares rose approximately 5% in after-hours trading following the announcement.
• Fourth-quarter guidance indicates non-GAAP operating expenses will be about 50% higher than this quarter, potentially widening losses.
• Despite the revenue growth, the company anticipates losses to widen in the fourth quarter before narrowing.