Financials in USD. Standardized financial statements.
A compact view of how Semtech Corporation turns revenue into operating income and net income.
| Metric | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $1.05B | $909.29M | $868.76M | $756.53M | $740.86M | $595.12M | $547.51M | $627.20M | $587.85M | $544.27M |
| Revenue Growth? | +15.5% | +4.7% | +14.8% | +2.1% | +24.5% | +8.7% | -12.7% | +6.7% | +8.0% | 0.0% |
| Cost of Revenue? | $508.40M | $453.64M | $494.77M | $277.58M | $279.72M | $239.83M | $227.37M | $276.82M | $263.74M | $244.71M |
| Gross Profit? | $541.60M | $455.64M | $373.99M | $478.96M | $461.14M | $355.28M | $320.14M | $350.37M | $324.10M | $299.56M |
| Gross Margin? | +51.6% | +50.1% | +43.0% | +63.3% | +62.2% | +59.7% | +58.5% | +55.9% | +55.1% | +55.0% |
| Operating Expenses? | $408.00M | $393.96M | $408.10M | $319.97M | $318.86M | $280.60M | $269.31M | $261.60M | $244.74M | $239.19M |
| Operating Income? | $133.60M | $61.68M | -$34.11M | $158.99M | $142.28M | $74.69M | $50.83M | $88.78M | $79.37M | $60.38M |
| EBITDA? | $174.40M | $111.05M | $50.34M | $195.88M | $177.58M | $106.55M | $90.41M | $138.41M | $128.37M | $107.43M |
| Income Before Tax | -$20.60M | -$183.91M | -$1.04B | $78.72M | $141.18M | $63.30M | $44.69M | $69.99M | $59.62M | $73.06M |
| Income Tax Expense | $19.80M | -$22.01M | $50.52M | $17.34M | $15.54M | $3.44M | $12.83M | $355,000 | $23.19M | $18.40M |
| Net Income? | -$40.40M | -$161.90M | -$1.09B | $61.38M | $125.66M | $59.90M | $31.87M | $69.64M | $36.43M | $54.66M |
| EPS? | $-0.46 | $-2.26 | $-17.03 | $0.96 | $1.94 | $0.92 | $0.48 | $0.96 | $0.52 | $0.84 |
| Diluted EPS? | $-0.46 | $-2.26 | $-17.03 | $0.96 | $1.92 | $0.91 | $0.47 | $0.92 | $0.51 | $0.83 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality