SEMTECH CORP (SMTC)
Q4-CY2025Q3-CY2025Q2-CY2025Q1-CY2025Q4-CY2024Q3-CY2024Q2-CY2024Q1-CY2024Q4-CY2023Q3-CY2023Q2-CY2023Q1-CY2023Q4-CY2022Q3-CY2022Q2-CY2022Q1-CY2022Q4-CY2021Q3-CY2021Q2-CY2021Q1-CY2021Q4-CY2020Q3-CY2020Q2-CY2020Q1-CY2020Q4-CY2019Q3-CY2019Q2-CY2019Q1-CY2019Q4-CY2018Q3-CY2018Q2-CY2018Q1-CY2018Q4-CY2017Q3-CY2017Q2-CY2017Q1-CY2017Q4-CY2016Q3-CY2016Q2-CY2016Q1-CY2016Q4-CY2015Q3-CY2015Q2-CY2015Q1-CY2015Q4-CY2014Q3-CY2014Q2-CY2014Q1-CY2014Q4-CY2013
Balance Sheet Date2025-Oct-262025-Jul-272025-Apr-272025-Jan-262024-Oct-272024-Jul-282024-Apr-282024-Jan-282023-Oct-292023-Jul-302023-Apr-302023-Jan-292022-Oct-302022-Jul-312022-May-012022-Jan-302021-Oct-312021-Aug-012021-May-022021-Jan-312020-Oct-252020-Jul-262020-Apr-262020-Jan-262019-Oct-272019-Jul-282019-Apr-282019-Jan-272018-Oct-282018-Jul-292018-Apr-292018-Jan-282017-Oct-292017-Jul-302017-Apr-302017-Jan-292016-Oct-302016-Jul-312016-May-012016-Jan-312015-Oct-252015-Jul-262015-Apr-262015-Jan-252014-Oct-262014-Jul-272014-Apr-272014-Jan-26
Fiscal PeriodQ3-FY2026Q2-FY2026Q1-FY2026Q4-FY2025Q3-FY2025Q2-FY2025Q1-FY2025Q4-FY2024Q3-FY2024Q2-FY2024Q1-FY2024Q4-FY2023Q3-FY2023Q2-FY2023Q1-FY2023Q4-FY2022Q3-FY2022Q2-FY2022Q1-FY2022Q4-FY2021Q3-FY2021Q2-FY2021Q1-FY2021Q4-FY2020Q3-FY2020Q2-FY2020Q1-FY2020Q4-FY2019Q3-FY2019Q2-FY2019Q1-FY2019Q4-FY2018Q3-FY2018Q2-FY2018Q1-FY2018Q4-FY2017Q3-FY2017Q2-FY2017Q1-FY2017Q4-FY2016Q3-FY2016Q2-FY2016Q1-FY2016Q4-FY2015Q3-FY2015Q2-FY2015Q1-FY2015Q4-FY2014
Total Revenue266,971,000$257,589,000$251,060,000$251,002,000$236,825,000$215,355,000$206,105,000$192,948,000$200,899,000$238,372,000$236,539,000$167,512,000$177,618,000$209,254,000$202,149,000$190,550,000$194,932,000$185,004,000$170,372,000$164,673,000$154,082,000$143,660,000$132,702,000$138,001,000$141,011,000$137,146,000$131,354,000$160,006,000$173,550,000$163,211,000$130,429,000$140,614,000$150,304,000$153,127,000$143,802,000$140,031,000$137,185,000$135,911,000$131,145,000$118,609,000$115,810,000$125,712,000$130,088,000$130,394,000$148,890,000$145,742,000$132,859,000$126,534,000$
QoQ%3.64%2.60%.02%5.99%9.97%4.49%6.82%(3.96%)(15.72%).78%41.21%(5.69%)(15.12%)3.52%6.09%(2.25%)5.37%8.59%3.46%6.87%7.26%8.26%(3.84%)(2.14%)2.82%4.41%(17.91%)(7.80%)6.34%25.13%(7.24%)(6.45%)(1.84%)6.49%2.69%2.08%.94%3.63%10.57%2.42%(7.88%)(3.36%)(.24%)(12.42%)2.16%9.70%5.00%(10.28%)
YoY%12.73%19.61%21.81%30.09%17.88%(9.66%)(12.87%)15.19%13.11%13.92%17.01%(12.09%)(8.88%)13.11%18.65%15.71%26.51%28.78%28.39%19.33%9.27%4.75%1.03%(13.75%)(18.75%)(15.97%).71%13.79%15.47%6.59%(9.30%).42%9.56%12.67%9.65%18.06%18.46%8.11%.81%(9.04%)(22.22%)(13.74%)(2.09%)3.05%5.58%(11.68%)(18.19%)(15.98%)
Cost Of Revenue128,493,000$123,484,000$119,771,000$120,498,000$115,857,000$109,891,000$106,513,000$193,338,000$107,933,000$137,644,000$133,593,000$67,499,000$63,049,000$74,483,000$72,944,000$73,393,000$71,243,000$69,572,000$65,511,000$71,873,000$60,021,000$55,409,000$51,941,000$53,724,000$54,763,000$52,262,000$50,079,000$61,139,000$66,988,000$63,087,000$58,960,000$55,213,000$60,885,000$60,891,000$58,887,000$56,533,000$56,120,000$54,136,000$52,621,000$49,059,000$46,226,000$50,136,000$51,688,000$57,233,000$59,564,000$57,521,000$54,775,000$72,729,000$
Gross Profit138,478,000$134,105,000$131,289,000$130,504,000$120,968,000$105,464,000$99,592,000$(390,000$)92,966,000$100,728,000$102,946,000$100,013,000$114,569,000$134,771,000$129,205,000$117,157,000$123,689,000$115,432,000$104,861,000$92,800,000$94,061,000$88,251,000$80,761,000$84,277,000$86,248,000$84,884,000$81,275,000$98,867,000$106,562,000$100,124,000$71,469,000$85,401,000$89,419,000$92,236,000$84,915,000$83,498,000$81,065,000$81,775,000$78,524,000$69,550,000$69,584,000$75,576,000$78,400,000$73,161,000$89,326,000$88,221,000$78,084,000$53,805,000$
Gross Margin51.87%52.06%52.29%51.99%51.08%48.97%48.32%(.20%)46.28%42.26%43.52%59.71%64.50%64.41%63.92%61.48%63.45%62.39%61.55%56.35%61.05%61.43%60.86%61.07%61.16%61.89%61.88%61.79%61.40%61.35%54.80%60.73%59.49%60.24%59.05%59.63%59.09%60.17%59.88%58.64%60.09%60.12%60.27%56.11%60.00%60.53%58.77%42.52%
Operating Expenses107,421,000$150,297,000$95,322,000$109,266,000$103,183,000$97,696,000$96,449,000$619,570,000$105,339,000$400,837,000$114,826,000$155,672,000$77,200,000$70,734,000$82,153,000$74,193,000$86,265,000$78,772,000$76,892,000$73,850,000$72,579,000$69,495,000$64,993,000$74,081,000$68,371,000$73,115,000$69,108,000$65,074,000$64,695,000$67,188,000$74,566,000$73,507,000$71,840,000$73,344,000$66,659,000$68,211,000$41,966,000$65,348,000$65,257,000$66,401,000$50,686,000$72,508,000$73,516,000$86,920,000$66,516,000$66,164,000$66,935,000$220,522,000$
Operating Income31,057,000$(16,192,000$)35,967,000$21,238,000$17,785,000$7,768,000$3,143,000$(619,960,000$)(12,373,000$)(300,109,000$)(11,880,000$)(55,659,000$)37,369,000$64,037,000$47,052,000$42,964,000$37,424,000$36,660,000$27,969,000$18,950,000$21,482,000$18,756,000$15,768,000$10,196,000$17,877,000$11,769,000$12,167,000$27,167,000$44,784,000$35,221,000$(1,673,000$)14,009,000$17,579,000$18,892,000$18,256,000$15,288,000$39,099,000$16,427,000$13,267,000$3,149,000$18,898,000$3,068,000$4,884,000$(13,759,000$)22,810,000$22,057,000$11,149,000$(166,717,000$)
Operating Margin11.63%(6.29%)14.33%8.46%7.51%3.61%1.53%(321.31%)(6.16%)(125.90%)(5.02%)(33.23%)21.04%30.60%23.28%22.55%19.20%19.82%16.42%11.51%13.94%13.06%11.88%7.39%12.68%8.58%9.26%16.98%25.81%21.58%(1.28%)9.96%11.70%12.34%12.70%10.92%28.50%12.09%10.12%2.66%16.32%2.44%3.75%(10.55%)15.32%15.13%8.39%(131.76%)
Interest Income790,000$529,000$369,000$800,000$527,000$433,000$542,000$734,000$574,000$674,000$1,069,000$4,043,000$839,000$555,000$364,000$0$0$0$0$0$0$0$0$0$0$0$0$15,947,000$0$0$0$0$0$132,000$94,000$168,000$0$10,000$27,000$(9,418,000$)1,195,000$3,447,000$5,000$10,000$13,000$12,000$8,000$70,000$
Interest Expenses26,975,000$5,235,000$6,582,000$17,453,000$20,807,000$28,578,000$23,229,000$22,827,000$28,305,000$24,171,000$20,510,000$6,181,000$9,009,000$1,259,000$1,197,000$1,474,000$1,233,000$1,185,000$1,199,000$1,517,000$1,008,000$1,252,000$1,559,000$1,859,000$2,183,000$2,597,000$2,467,000$0$2,355,000$2,200,000$2,190,000$1,856,000$2,032,000$2,029,000$2,046,000$1,890,000$2,037,000$1,712,000$
Income Before Tax4,445,000$(22,209,000$)26,952,000$6,539,000$(3,567,000$)(166,080,000$)(20,253,000$)(645,777,000$)(38,552,000$)(325,399,000$)(31,827,000$)(60,064,000$)29,106,000$63,332,000$46,093,000$41,151,000$36,080,000$35,220,000$26,618,000$16,227,000$19,903,000$15,843,000$11,002,000$7,119,000$16,338,000$10,385,000$10,743,000$33,245,000$10,694,000$31,278,000$(5,097,000$)8,705,000$16,814,000$16,659,000$15,578,000$10,994,000$36,519,000$14,254,000$11,292,000$379,000$16,157,000$1,285,000$2,557,000$(14,677,000$)21,564,000$20,124,000$9,484,000$(168,555,000$)
Tax Expenses7,323,000$4,793,000$8,653,000$(33,190,000$)4,007,000$4,215,000$2,956,000$(3,345,000$)(311,000$)56,592,000$(2,417,000$)(9,071,000$)6,327,000$12,019,000$8,069,000$6,360,000$3,018,000$2,963,000$3,198,000$914,000$1,580,000$(416,000$)1,359,000$4,190,000$2,693,000$8,361,000$(2,416,000$)13,237,000$(1,454,000$)6,082,000$(17,510,000$)11,729,000$3,272,000$4,095,000$3,757,000$2,975,000$5,743,000$5,276,000$4,405,000$(868,000$)5,453,000$1,598,000$2,699,000$764,000$3,941,000$2,226,000$1,617,000$42,253,000$
Net Income(2,862,000$)(27,064,000$)19,345,000$39,144,000$(7,586,000$)(170,295,000$)(23,159,000$)(642,357,000$)(38,252,000$)(382,003,000$)(29,417,000$)(51,015,000$)22,743,000$51,596,000$38,048,000$34,791,000$34,425,000$32,931,000$23,498,000$15,631,000$18,482,000$16,122,000$9,632,000$2,929,000$13,997,000$2,192,000$12,748,000$13,340,000$12,165,000$25,169,000$12,382,000$(1,297,000$)13,338,000$12,564,000$11,821,000$8,020,000$30,776,000$8,978,000$6,887,000$1,247,000$10,704,000$(313,000$)(142,000$)(15,441,000$)17,623,000$17,898,000$7,867,000$(210,808,000$)
Profit Margin(1.07%)(10.51%)7.71%15.60%(3.20%)(79.08%)(11.24%)(332.92%)(19.04%)(160.26%)(12.44%)(30.46%)12.80%24.66%18.82%18.26%17.66%17.80%13.79%9.49%12.00%11.22%7.26%2.12%9.93%1.60%9.71%8.34%7.01%15.42%9.49%(.92%)8.87%8.21%8.22%5.73%22.43%6.61%5.25%1.05%9.24%(.25%)(.11%)(11.84%)11.84%12.28%5.92%(166.60%)
TTM2.78%2.39%(12.51%)(17.81%)(99.08%)(107.21%)(129.52%)(125.70%)(59.37%)(53.62%)(.77%)8.11%18.88%19.94%18.15%16.96%14.89%13.43%11.65%10.06%8.30%7.69%5.24%5.82%7.42%6.72%10.10%10.05%7.97%8.48%6.44%6.20%7.79%11.00%10.70%10.04%9.16%5.55%3.77%2.35%(1.03%).32%3.59%5.01%(30.22%)(31.60%)(30.31%)(27.64%)
Earnings to Minority6,000$(2,000$)(1,000$)(2,000$)(2,000$)(3,000$)(2,000$)(1,000$)(13,000$)(2,000$)(2,000$)(2,000$)(25,000$)(5,000$)(3,000$)(3,000$)(5,000$)3,602,000$3,174,000$546,000$(503,000$)(2,622,000$)(2,091,000$)(1,367,000$)
Earnings to Common Shareholders(2,862,000$)(27,064,000$)19,345,000$39,144,000$(7,586,000$)(170,295,000$)(23,159,000$)(642,363,000$)(38,250,000$)(382,002,000$)(29,415,000$)(51,013,000$)22,746,000$51,598,000$38,049,000$34,804,000$34,427,000$32,933,000$23,500,000$15,656,000$18,487,000$16,125,000$9,635,000$2,934,000$13,997,000$2,192,000$12,748,000$13,843,000$14,787,000$27,260,000$13,749,000$(1,297,000$)13,338,000$12,564,000$11,821,000$8,020,000$30,776,000$8,978,000$6,887,000$1,247,000$10,704,000$(313,000$)(142,000$)(15,441,000$)17,623,000$17,898,000$7,867,000$(210,808,000$)
QoQ%89.43%(239.90%)(50.58%)616.00%95.55%(635.33%)96.40%(1,579.38%)89.99%(1,198.66%)42.34%(324.27%)(55.92%)35.61%9.32%1.10%4.54%40.14%50.10%(15.31%)14.65%67.36%228.39%(79.04%)538.55%(82.81%)(7.91%)(6.38%)(45.76%)98.27%1,160.06%(109.72%)6.16%6.29%47.39%(73.94%)242.79%30.36%452.29%(88.35%)3,519.81%(120.42%)99.08%(187.62%)(1.54%)127.51%103.73%(1,792.83%)
YoY%62.27%84.11%183.53%106.09%80.17%55.42%21.27%(1,159.21%)(268.16%)(840.34%)(177.31%)(246.57%)(33.93%)56.68%61.91%122.31%86.22%104.24%143.90%433.61%32.08%635.63%(24.42%)(78.81%)(5.34%)(91.96%)(7.28%)1,167.31%10.86%116.97%16.31%(116.17%)(56.66%)39.94%71.64%543.14%187.52%2,968.37%4,950.00%108.08%(39.26%)(101.75%)(101.81%)92.68%41.52%(6.35%)(46.76%)(1,707.01%)
Earnings Per Share, Basic(0.03$)(0.31$)0.22$0.48$(0.10$)(2.61$)(0.36$)(9.98$)(0.60$)(5.97$)(0.46$)(0.80$)0.36$0.81$0.59$0.54$0.53$0.51$0.36$0.24$0.28$0.25$0.15$0.04$0.21$0.03$0.19$0.21$0.22$0.41$0.21$(0.02$)0.20$0.19$0.18$0.12$0.47$0.14$0.11$0.02$0.16$0.00$0.00$(0.23$)0.26$0.27$0.12$(3.12$)
Earnings Per Share, Diluted(0.03$)(0.31$)0.22$0.48$(0.10$)(2.61$)(0.36$)(9.98$)(0.60$)(5.97$)(0.46$)(0.80$)0.36$0.81$0.59$0.53$0.53$0.50$0.36$0.24$0.28$0.24$0.15$0.04$0.21$0.03$0.19$0.20$0.22$0.40$0.20$(0.02$)0.20$0.19$0.18$0.12$0.46$0.14$0.11$0.02$0.16$0.00$0.00$(0.23$)0.26$0.26$0.12$(3.12$)
Unlevered FCF Per Share, Basic0.51$0.48$0.30$0.38$0.39$(0.13$)(0.02$)0.19$(0.19$)(0.30$)(1.63$)(0.38$)0.17$1.10$0.65$0.67$0.95$0.71$0.41$0.25$0.33$0.46$0.28$0.65$0.45$0.48$(0.13$)0.66$0.74$0.67$0.45$0.45$0.29$0.33$0.08$0.21$0.47$0.44$0.17$0.49$0.25$0.46$0.15$0.08$0.31$0.48$0.24$0.36$
Unlevered FCF Per Share, Diluted0.51$0.48$0.29$0.38$0.39$(0.13$)(0.02$)0.19$(0.19$)(0.30$)(1.63$)(0.38$)0.17$1.09$0.65$0.66$0.94$0.70$0.41$0.25$0.32$0.46$0.28$0.64$0.44$0.47$(0.13$)0.63$0.71$0.65$0.44$0.45$0.28$0.32$0.08$0.21$0.47$0.44$0.17$0.49$0.25$0.46$0.15$0.08$0.30$0.47$0.24$0.36$
Average Shares, Basic87,682,00086,707,00086,441,00081,315,00075,319,00065,281,00064,509,00064,363,00064,216,00064,005,00063,924,00063,866,00063,764,00063,500,00063,950,00064,292,00064,546,00064,721,00065,089,00065,023,00065,136,00065,084,00065,589,00066,041,00066,387,00066,519,00066,105,00065,525,00066,014,00066,063,00066,324,00066,310,00066,194,00065,763,00065,839,00065,716,00065,549,00065,299,00065,144,00064,934,00065,117,00065,920,00066,713,00066,763,00067,162,00067,208,00067,300,00067,523,000
Average Shares, Diluted87,682,00086,707,00089,579,00081,315,00075,319,00065,281,00064,509,00064,363,00064,216,00064,005,00063,924,00063,667,00063,855,00063,977,00064,553,00065,267,00065,299,00065,584,00066,110,00066,091,00065,967,00066,004,00066,174,00067,051,00067,318,00067,746,00067,976,00068,165,00068,731,00068,880,00068,195,00066,310,00067,817,00067,470,00067,376,00066,757,00066,206,00065,905,00065,552,00065,225,00065,217,00065,920,00066,713,00066,763,00067,654,00067,850,00067,970,00067,523,000
EBIT31,420,000$(16,974,000$)33,534,000$23,992,000$17,240,000$(137,502,000$)2,976,000$(622,950,000$)(10,247,000$)(301,228,000$)(11,317,000$)(53,883,000$)38,115,000$64,591,000$47,290,000$42,625,000$37,313,000$36,405,000$27,817,000$17,744,000$20,911,000$17,095,000$12,561,000$8,978,000$18,521,000$12,982,000$13,210,000$33,245,000$13,049,000$33,478,000$(2,907,000$)10,561,000$18,846,000$18,688,000$17,624,000$10,994,000$38,409,000$16,291,000$11,292,000$379,000$16,157,000$1,285,000$2,557,000$(14,677,000$)21,564,000$20,124,000$9,484,000$(166,843,000$)
EBITDA41,549,000$(6,660,000$)43,724,000$23,992,000$27,380,000$(124,935,000$)13,480,000$(622,950,000$)12,292,000$(279,186,000$)13,206,000$(53,883,000$)45,438,000$71,921,000$54,958,000$42,625,000$44,778,000$44,206,000$35,237,000$17,744,000$27,854,000$23,860,000$20,136,000$18,289,000$28,248,000$22,701,000$24,034,000$45,552,000$25,841,000$45,565,000$9,546,000$23,766,000$31,547,000$30,480,000$28,925,000$22,545,000$50,028,000$28,252,000$23,218,000$379,000$16,157,000$1,285,000$2,557,000$(14,677,000$)21,564,000$20,124,000$9,484,000$(166,843,000$)