| Quarter | Call date | Disclosure | Financial quality | Kept | Missed | |
|---|---|---|---|---|---|---|
| Q2'26 | August 3, 2026 | 7/12 | 2 high, 4 medium flags | 2 | 0 | Call sheet → |
| Q1'26 | May 4, 2026 | 8/12 | 3 medium, 5 low flags | 4 | 1 | Call sheet → |
| Q4'25 | February 9, 2026 | 10/12 | 1 high, 3 medium, 2 low flags | 6 | 0 | Call sheet → |
| Marked | Status | Promise |
|---|---|---|
| Q2'26 | Pending | Synaptics acquisition to close mid‑2027 Deal announced Q2; timeline unchanged. |
| Q2'26 | Pending | ESS revenue to grow ~40% YoY ESS reported under 'Other' with +34% QoQ, but no explicit YoY figure. |
| Q2'26 | Pending | Silicon carbide revenue in AI‑DC to grow ~60% YoY No segment‑level breakdown provided; only a high‑level AI‑DC comment. |
| Q2'26 | On‑track | CapEx <5% of revenue for FY26 Q2 capex $34 M (~2.1% of rev); guidance suggests total FY capex ~ $80‑90 M (<5%). |
| Q2'26 | Pending | Operating leverage: each 1% utilization adds ~25‑30 bps gross margin Utilization rose 6 pts; gross margin up 80 bps, consistent with the claim but not fully verified. |
| Q2'26 | Delivered | Return 100% of free cash flow to shareholders YTD returned 105% of free cash flow; Q2 repurchase $332 M. |
| Q2'26 | Delivered | Automotive revenue to deliver YoY growth after seven quarters of decline YoY automotive revenue +7% vs +5% in Q1. |
| Q2'26 | Pending | AI data‑center revenue to double YoY in 2026 Q2 still a partial year; management now says >2×, but full‑year result not yet known. |
| Q1'26 | Exceeded | Return 100% of free cash flow to shareholders Returned 160% of FCF via buybacks, $346M vs $217M FCF |
| Q1'26 | Pending | VGaN first revenue in 2027 Still on track, expanded collaboration with GM mentioned |
| Q1'26 | Delivered | Exit $50 million of non-core revenue in Q1 Confirmed $50M exit in Q1 as planned |
| Q1'26 | Exceeded | Manufacturing utilization to increase to low 70% range in Q1 Delivered 77% vs promised low 70s, showed ability to ramp quickly |
| Q1'26 | Missed | Free cash flow margin of 25-30% target Q1 FCF was $217M on $1.51B revenue = 14.4%, well below target range |
| Q1'26 | Delivered | Sequential gross margin expansion throughout 2026 Q1 delivered +30bps despite seasonal down quarter, ahead of promise |
| Q1'26 | Pending | We expect to see the gross margin impact [of FabRite] in the second half of the year Still early in 2026, but Q1 gross margin expansion suggests early progress |
| Q4'25 | Exceeded | Continue returning approximately 100% of free cash flow $1.4B returned vs $1.4B generated, exactly 100% |
| Q4'25 | Exceeded | Industrial showing signs of stabilization First YoY growth in 8 quarters at +6%, ahead of stabilization |
| Q4'25 | Delivered | Utilization to be flat to down slightly in Q4 Dropped from 74% to 68% as predicted for seasonal alignment |
| Q4'25 | Delivered | We expect to see the initial impact of our FabRite actions 38.2% gross margin delivered despite seasonal headwinds, FabRite contributing |
| Q4'25 | Exceeded | AI data center revenue approximately doubled year-over-year in Q3 Delivered >$250M full year, continuing high teens growth in Q1 |
| Q4'25 | Delivered | Double the number of products sampling year over year (Treo) Hassane confirmed 'We doubled the number of products sampling year over year' - exact delivery |
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