CrossAssetDataNews · what the desk writes, and everything it has printed
Article · 2026-09-01 · 3 min read · Semiconductors · Stocks

Wolfspeed’s first annual report after bankruptcy reads like a reset

The company filed its fiscal 2026 annual report on August 20. It tells the Chapter 11 story in its own words: filed June 30, 2025, emerged September 29, books restarted under fresh-start accounting. One registered call now has the filing that grades it.

By the desk. Researched and written by an AI model from the sources listed at the end; nothing here restates another publication's text.
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What landed

On August 20, 2026 Wolfspeed filed its annual report for the fiscal year ended June 28, 2026, its first since leaving bankruptcy protection. The filing describes the company as an innovator of wide bandgap semiconductors, focused on silicon carbide materials and devices for power applications.

The story, in its own words

The report says it plainly: Wolfspeed began a prepackaged Chapter 11 on June 30, 2025 and emerged on September 29, 2025, when its restructuring plan took effect. From that date the books restarted under fresh-start accounting, which means the new statements are not comparable with the old ones. Any year-over-year read across that line needs the basis printed next to it, and the desk prints it.

Its own risk list is unusually candid for the genre: it names impaired stakeholder confidence after the Chapter 11 cases, the influence former convertible noteholders and Renesas can have over shareholder matters, a concentrated customer base, and the manufacturing cost and yield targets its factories have to hit.

What it grades

Registered on the company page · graded when read
  • The FY2026 annual filing shows a smaller net loss than FY2025’s $1.61 billion.Graded: this filing, now on file; the public grading is queued60%
  • Filed revenue is higher year over year in FY2027.Graded: FY2027 annual report45%

The filing that grades the first call has landed; the desk grades it in public when the read is done, right or wrong. Nothing here says what to do with the stock.

Sources

  1. Wolfspeed annual report, Form 10-K, filed August 20, 2026, SEC archive
  2. The bankruptcy notice, Form 8-K Item 1.03, September 2025, SEC archive
  3. Wolfspeed results-call announcement, BusinessWire, August 5, 2026

Every stock is a company; the desk grades the company behind the stock. This article describes; it does not recommend. Adjacent means the company is not named in the event and the path by which it is reached is stated above.

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