Semtech Corporation (SMTC) — Financial statements
Income statement, balance sheet, and cash flow for Semtech Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2026 | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,050↑15.5% | 909↑4.7% | 869↑14.8% | 757↑2.1% | 741 | |
| Cost of Revenue | 508↑12.1% | 454↓8.3% | 495↑78.2% | 278↓0.8% | 280 | |
| Gross Profit | 542↑18.9% | 456↑21.8% | 374↓21.9% | 479↑3.9% | 461 | |
| Operating Expenses | ||||||
| R&D Expenses | 196↑14.9% | 171↓8.3% | 186↑19.6% | 156↑5.4% | 148 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 212↓5.1% | 223↑0.6% | 222↑35.1% | 164↓4.0% | 171 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 408↑3.6% | 394↓3.5% | 408↑27.5% | 320↑0.3% | 319 | |
| Total Costs & Expenses | 916↑8.1% | 848↓6.1% | 903↑51.1% | 598↓0.2% | 599 | |
| Operating Results | ||||||
| Operating Income | 134↑116.6% | 62↑280.8% | -34↓121.5% | 159↑11.7% | 142 | |
| Depreciation & Amortization | 41↓17.4% | 49↓41.5% | 84↑128.9% | 37↑4.5% | 35 | |
| EBITDA | 174↑57.0% | 111↑120.6% | 50↓74.3% | 196↑10.3% | 178 | |
| EBIT | 134↑116.6% | 62↑280.8% | -34↓121.5% | 159↑11.7% | 142 | |
| Interest & Other Income | ||||||
| Net Interest Income | -38↑57.1% | -87↑15.2% | -103↓966.2% | -10↓111.3% | -5 | |
| Interest Income | 3↑8.6% | 2↓24.5% | 3↓47.4% | 6↑294.9% | 1 | |
| Interest Expense | 40↓55.4% | 90↓15.4% | 106↑585.8% | 15↑156.0% | 6 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | -154↑37.2% | -246↑75.6% | -1,007↓1155.0% | -80↓7210.7% | -1 | |
| Income Before Tax | -21↑88.8% | -184↑82.3% | -1,042↓1423.1% | 79↓44.2% | 141 | |
| Income Tax Expense | 20↑190.0% | -22↓143.6% | 51↑191.3% | 17↑11.6% | 16 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -40↑75.0% | -162↑85.2% | -1,092↓1879.4% | 61↓51.2% | 126 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -40↑75.0% | -162↑85.2% | -1,092↓1879.1% | 61↓51.2% | 126 | |
| Bottom-Line Net Income | -40↑75.0% | -162↑85.2% | -1,092↓1879.1% | 61↓51.2% | 126 | |
| EPS (Basic) | -0.46↑79.6% | -2.26↑86.7% | -17.03↓1874.0% | 0.96↓50.5% | 1.94 | |
| EPS (Diluted) | -0.46↑79.6% | -2.26↑86.7% | -17.03↓1874.0% | 0.96↓50.0% | 1.92 | |
| Weighted Average Shares | 88↑23.5% | 72↑11.7% | 64↑0.6% | 64↓1.4% | 65 | |
| Weighted Average Diluted Shares | 88↑23.5% | 72↑11.7% | 64↑0.2% | 64↓2.4% | 66 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.