SMTC
Semtech Corporation
Stock
$194.88+8.29 (+4.44%)Close Oct 2, 2026
Income statement
| Line | Last 12 months | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.2B | $1.0B | $909M | $869M | $757M | $741M | $595M | $548M | $627M | $588M | $544M | $490M | $558M | $595M | $579M | $481M | $455M | $287M | $295M |
| Cost of revenue | $562M | $508M | $453M | $573M | $278M | $280M | $239M | $211M | $250M | $236M | $219M | $197M | $229M | $260M | $264M | $195M | $186M | $131M | $135M |
| Gross profit | $612M | $542M | $457M | $296M | $479M | $461M | $356M | $337M | $377M | $352M | $325M | $293M | $329M | $335M | $315M | $286M | $268M | $156M | $160M |
| R&D | $219M | $196M | $171M | $186M | $167M | $148M | $118M | $107M | $109M | $105M | $103M | $114M | $119M | $137M | $120M | $81M | $70M | $45M | $41M |
| SG&A | $251M | $222M | $222M | $220M | $225M | $168M | $163M | $163M | $145M | $148M | $139M | $141M | $127M | $126M | $149M | $101M | $110M | $78M | $75M |
| Other operating expenses | $48M | $91M | $13M | $834M | — | — | — | $14M | $17M | $32M | — | $8.7M | $40M | $181M | $30M | $11M | $9.5M | $2.3M | $1.1M |
| Operating income | $94M | $33M | $50M | −$944M | $93M | $145M | $75M | $52M | $105M | $67M | $84M | $30M | $42M | −$109M | $16M | $94M | $79M | $31M | $42M |
| Non-operating income | −$41M | −$54M | −$233M | −$97M | −$14M | −$5.9M | −$12M | −$7.4M | −$35M | −$8.9M | −$11M | −$9.6M | −$5.8M | −$20M | −$15M | $593K | $574K | $3.1M | $4.3M |
| Pretax income | $54M | −$21M | −$183M | −$1.0B | $78M | $139M | $63M | $45M | $70M | $58M | $73M | $20M | $36M | −$128M | $249K | $94M | $79M | $34M | $46M |
| Taxes | −$100M | $19M | −$21M | $50M | $17M | $13M | $3.1M | $13M | $481K | $23M | $18M | $8.9M | $8.5M | $36M | −$42M | $5.1M | $6.8M | $33M | $8.7M |
| Net income | $154M | −$40M | −$162M | −$1.1B | $61M | $126M | $60M | $32M | $70M | $35M | $55M | $11M | $28M | −$164M | $42M | $89M | $73M | $957K | $38M |
| Diluted EPS | $1.50 | −$0.46 | −$2.26 | −$17.03 | $0.96 | $1.92 | $0.91 | $0.47 | $1.02 | $0.51 | $0.66 | $0.14 | $0.33 | −$1.95 | $0.50 | $1.06 | $0.90 | $0.02 | $0.49 |
| Diluted shares | — | 88.4M | 71.6M | 64.1M | 64.0M | 65.6M | 66.1M | 67.4M | 68.5M | 67.6M | 82.6M | 82.5M | 84.6M | 84.3M | 84.3M | 84.2M | 80.7M | 77.1M | 77.5M |
| Revenue growth | — | +15.5% | +4.7% | +14.8% | +2.1% | +24.5% | +8.7% | −12.7% | +6.7% | +8.0% | +11.0% | −12.1% | −6.2% | +2.8% | +20.4% | +5.7% | +58.6% | −2.8% | — |
| Gross margin | 52.1% | 51.6% | 50.2% | 34.1% | 63.3% | 62.2% | 59.8% | 61.5% | 60.1% | 59.9% | 59.7% | 59.8% | 58.9% | 56.3% | 54.4% | 59.4% | 59.0% | 54.5% | 54.1% |
| Operating margin | 8.0% | 3.1% | 5.5% | −108.7% | 12.3% | 19.6% | 12.6% | 9.5% | 16.8% | 11.3% | 15.4% | 6.1% | 7.6% | −18.3% | 2.7% | 19.5% | 17.3% | 10.8% | 14.2% |
| Net margin | 13.1% | −3.8% | −17.8% | −125.7% | 8.1% | 17.0% | 10.1% | 5.8% | 11.1% | 5.9% | 10.0% | 2.3% | 5.0% | −27.6% | 7.2% | 18.5% | 16.0% | 0.3% | 12.7% |