SMTC
Semtech Corporation
NASDAQ: SMTC · TECHNOLOGY · SEMICONDUCTORS
$119.19
+5.50% today
Updated 2026-05-06
Market cap
$10.04B
P/E ratio
—
P/S ratio
9.56x
EPS (TTM)
$-0.46
Dividend yield
—
52W range
$33 – $113
Volume
2.5M
Semtech Corporation (SMTC) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $252.54M | $284.79M | $294.82M | $286.56M | $454.50M | $480.60M | $578.83M | $594.98M | $557.88M | $490.22M | $544.27M | $587.85M | $627.20M | $547.51M | $595.12M | $740.86M | $756.53M | $868.76M | $909.29M | $1.05B |
| Revenue growth (YoY) | — | +12.8% | +3.5% | -2.8% | +58.6% | +5.7% | +20.4% | +2.8% | -6.2% | -12.1% | +11.0% | +8.0% | +6.7% | -12.7% | +8.7% | +24.5% | +2.1% | +14.8% | +4.7% | +15.5% |
| Cost of revenue | $115.56M | $129.62M | $135.23M | $132.86M | $195.72M | $203.34M | $293.46M | $282.70M | $249.02M | $222.17M | $244.71M | $263.74M | $276.82M | $227.37M | $239.83M | $279.72M | $277.58M | $494.77M | $453.64M | $508.40M |
| Gross profit | $136.97M | $155.18M | $159.59M | $153.70M | $258.79M | $277.26M | $285.37M | $312.28M | $308.87M | $268.05M | $299.56M | $324.10M | $350.37M | $320.14M | $355.28M | $461.14M | $478.96M | $373.99M | $455.64M | $541.60M |
| Gross margin | 54.2% | 54.5% | 54.1% | 53.6% | 56.9% | 57.7% | 49.3% | 52.5% | 55.4% | 54.7% | 55.0% | 55.1% | 55.9% | 58.5% | 59.7% | 62.2% | 63.3% | 43.0% | 50.1% | 51.6% |
| R&D | $41.26M | $43.06M | $41.41M | $44.85M | $69.62M | $80.58M | $120.01M | $132.05M | $112.74M | $113.74M | $102.50M | $104.80M | $109.05M | $107.37M | $117.53M | $147.93M | $155.94M | $186.45M | $170.91M | $196.30M |
| SG&A | $70.20M | $74.30M | $72.90M | $77.45M | $110.40M | $98.60M | $148.95M | $125.28M | $128.43M | $135.95M | $136.03M | $145.70M | $150.80M | $162.21M | $161.83M | $166.41M | $234.30M | $218.72M | $222.37M | $221.85M |
| Operating income | $25.47M | $37.85M | $45.29M | $35.48M | $78.76M | $98.04M | $41.09M | $56.86M | $67.61M | $18.16M | $60.38M | $79.37M | $88.78M | $50.83M | $74.69M | $142.28M | $158.99M | $-34.11M | $61.68M | $133.60M |
| Operating margin | 10.1% | 13.3% | 15.4% | 12.4% | 17.3% | 20.4% | 7.1% | 9.6% | 12.1% | 3.7% | 11.1% | 13.5% | 14.2% | 9.3% | 12.5% | 19.2% | 21.0% | -3.9% | 6.8% | 12.7% |
| EBITDA | $37.28M | $48.07M | $53.62M | $43.83M | $95.21M | $116.58M | $90.28M | $118.40M | $118.95M | $66.50M | $107.43M | $128.37M | $138.41M | $90.41M | $106.55M | $177.58M | $195.88M | $50.34M | $111.05M | $174.40M |
| EBITDA margin | 14.8% | 16.9% | 18.2% | 15.3% | 20.9% | 24.3% | 15.6% | 19.9% | 21.3% | 13.6% | 19.7% | 21.8% | 22.1% | 16.5% | 17.9% | 24.0% | 25.9% | 5.8% | 12.2% | 16.6% |
| EBIT | $25.47M | $37.85M | $45.29M | $35.48M | $78.76M | $98.04M | $41.09M | $56.86M | $67.61M | $18.16M | $60.38M | $79.37M | $88.78M | $50.83M | $74.69M | $142.28M | $158.99M | $-34.11M | $61.68M | $133.60M |
| Interest expense | $151000.00 | $13.60M | $3000.00 | $139000.00 | $0.00 | $1.21M | $14.36M | $18.17M | $5.93M | $7.82M | $9.04M | $7.96M | $9.20M | $9.11M | $5.34M | $6.04M | $15.46M | $106.00M | $89.63M | $40.00M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $31.13M | $47.78M | $37.52M | $957000.00 | $72.57M | $89.09M | $41.94M | $-164.47M | $27.95M | $11.50M | $54.66M | $36.43M | $69.64M | $31.87M | $59.90M | $125.66M | $61.38M | $-1.09B | $-161.90M | $-40.40M |
| Net income growth (YoY) | — | +53.5% | -21.5% | -97.4% | +7483.3% | +22.8% | -52.9% | -492.2% | +117.0% | -58.9% | +375.4% | -33.4% | +91.2% | -54.2% | +88.0% | +109.8% | -51.2% | -1879.1% | +85.2% | +75.0% |
| Profit margin | 12.3% | 16.8% | 12.7% | 0.3% | 16.0% | 18.5% | 7.2% | -27.6% | 5.0% | 2.3% | 10.0% | 6.2% | 11.1% | 5.8% | 10.1% | 17.0% | 8.1% | -125.7% | -17.8% | -3.8% |