Wolfspeed (Wolfspeed) Retained Earnings : $-2,604.6 Mil (As of Dec. 2023)

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What is Wolfspeed Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Wolfspeed's retained earnings for the quarter that ended in Dec. 2023 was $-2,604.6 Mil.

Wolfspeed's quarterly retained earnings declined from Jun. 2023 ($-2,064.2 Mil) to Sep. 2023 ($-2,459.9 Mil) and declined from Sep. 2023 ($-2,459.9 Mil) to Dec. 2023 ($-2,604.6 Mil).

Wolfspeed's annual retained earnings declined from Jun. 2021 ($-1,563.1 Mil) to Jun. 2022 ($-1,764.0 Mil) and declined from Jun. 2022 ($-1,764.0 Mil) to Jun. 2023 ($-2,064.2 Mil).

Wolfspeed Retained Earnings Historical Data

The historical data trend for Wolfspeed's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Wolfspeed Retained Earnings Chart

Wolfspeed Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Retained Earnings

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-847.50

-1,039.20

-1,563.10

-1,764.00

-2,064.20

Wolfspeed Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															-1,851.40	-1,950.90	-2,064.20	-2,459.90	-2,604.60

Wolfspeed Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Wolfspeed (NYSE:WOLF) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Wolfspeed (Wolfspeed) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Wolfspeed Inc (NYSE:WOLF) » Definitions » Retained Earnings

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CR6A:Germany

Address

4600 Silicon Drive, Durham, NC, USA, 27703

Website

https://www.wolfspeed.com

Wolfspeed Inc is involved in the manufacturing of wide bandgap semiconductors. It is focused on silicon carbide and gallium nitride materials and devices for power and radio-frequency (RF) applications. The company serves applications such as transportation, power supplies, inverters, and wireless systems. Geographically, it derives a majority of revenue from Europe and also has a presence in the United States; China; Japan; South Korea, and other countries.

Executives

Neill Reynolds	officer: Executive Vice President & CFO	4600 SILICON DR, DURHAM NC 27703
Le Duy Loan T	director	C/O NATIONAL INSTRUMENTS, 11500 MOPAC BLDG B, AUSTIN TX 78759
Gregg A Lowe	director, officer: PRESIDENT, CEO AND DIRECTOR	400 W CESAR CHAVEZ STREET, AUSTIN TX 78701
John B Replogle	director	C/O SEALY CORPORATION, ONE OFFICE PARKWAY, TRINITY NC 27370
Stacy J Smith	director	2200 MISSION COLLEGE BLVD., RNB-4-151, SANTA CLARA CA 95054
Glenda Dorchak	director	C/O MELLANOX TECHNOLOGIES, INC., 350 OAKMEAD PARKWAY, SUITE 100, SUNNYVALE CA 94085
Clyde Hosein	director	C/O INTEGRATED DEVICE TECHNOLOGY, INC., 6024 SILVER CREEK VALLEY ROAD, SAN JOSE CA 95138
Marvin Riley	director	5605 CARNEGIE BLVD., STE. 500, CHARLOTTE NC 28209
Thomas H Werner	director	3939 NORTH FIRST STREET, SAN JOSE CA 95134
Anne Clem Whitaker	director	109 BRIERY BRANCH COURT, MORRISVILLE NC 27560
John C Hodge	director	C/O SILICON IMAGE, INC., 1060 E. ARQUES AVE., SUNNYVALE CA 94085
David Todd Emerson	officer: EVP, GM LED	4600 SILICON DRIVE, DURHAM NC 27703
Michael E Mcdevitt	officer: INTER. CHIEF FINANCIAL OFFICER	713 WALCOTT WAY, CARY NC 27519
Daniel J Castillo	officer: EVP Cree & President-Lighting	2645 SILVER CRESCENT DRIVE, CHARLOTTE NC 28273
Darren R Jackson	director	C/O BEST BUY INC, 7075 FLYING CLOUD DR, EDEN PRAIRIE MN 55344