In fiscal 2026, which ended Jan 25, 2026, Semtech Corporation reported revenue of $1.0 billion, up 15.5% from the year before. It recorded a net loss of $40.4 million. Operating income came to $32.6 million, an operating margin of 3.1%. Diluted earnings per share were -$0.46. Over the twelve months ended Apr 26, 2026, revenue was $1.1 billion and the net loss was $33.2 million. Across the 10 fiscal years shown, revenue grew from $544.3 million in fiscal 2016 to $1.0 billion in fiscal 2026, about 7.6% a year.
USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.
| Line |
FY 2027
Apr 26, 2026
|
FY 2026
Jan 25, 2026
|
FY 2025
Jan 26, 2025
|
FY 2024
Jan 28, 2024
|
FY 2023
Jan 29, 2023
|
FY 2022
Jan 30, 2022
|
FY 2021
Jan 31, 2021
|
FY 2019
Jan 26, 2020
|
FY 2019
Jan 27, 2019
|
FY 2017
Jan 28, 2018
|
FY 2016
Jan 29, 2017
|
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
1,090
+14.2%
|
1,050
+15.5%
|
909
+4.7%
|
869
+14.8%
|
757
+2.1%
|
741
+24.5%
|
595
|
548
|
627
|
588
+8.0%
|
544
+11.0%
|
| Cost of revenue |
528
+13.2%
|
508
+12.2%
|
453
-20.9%
|
573
+106.0%
|
278
-0.6%
|
280
+16.9%
|
239
|
211
|
250
|
236
+7.5%
|
219
|
| Gross profit |
562
+15.2%
|
542
+18.8%
|
457
+54.1%
|
296
-38.1%
|
479
+3.8%
|
461
+29.6%
|
356
|
337
|
377
|
352
+8.3%
|
325
+10.8%
|
| Research and development |
206
+16.7%
|
196
+14.9%
|
171
-8.3%
|
186
+11.7%
|
167
+12.9%
|
148
+25.9%
|
118
|
107
|
109
|
105
+2.5%
|
102
-9.9%
|
| Selling, general and administrative |
242
+11.8%
|
222
-0.2%
|
222
+1.0%
|
220
-2.0%
|
225
+33.6%
|
168
+3.3%
|
163
|
163
|
145
|
148
+6.8%
|
139
-1.4%
|
| Restructuring and impairment |
4
+8.4%
|
4
-15.3%
|
5
-79.9%
|
25
+105.7%
|
12
|
0
+100.0%
|
-0
|
2
|
1
|
6
+176.1%
|
2
-49.6%
|
| Operating income |
22
-72.9%
|
33
-34.8%
|
50
+105.3%
|
-944
-1117.6%
|
93
-36.0%
|
145
+93.5%
|
75
|
52
|
105
|
67
-20.8%
|
84
+180.3%
|
| Pretax income |
-23
+83.1%
|
-21
+88.4%
|
-183
+82.4%
|
-1,042
-1427.4%
|
78
-43.6%
|
139
+120.8%
|
63
|
45
|
70
|
58
-20.9%
|
73
+258.5%
|
| Equity in earnings of affiliates |
1
+169.7%
|
1
+216.3%
|
-1
-1315.6%
|
0
-81.9%
|
0
-88.2%
|
2
+542.9%
|
0
|
0
|
-0
|
-0
|
—
|
| Income tax |
11
+169.2%
|
20
+190.1%
|
-22
-143.6%
|
51
+191.3%
|
17
+11.6%
|
16
+352.1%
|
3
|
13
|
0
|
23
+24.2%
|
18
+107.1%
|
| Net income |
-33
+72.2%
|
-40
+75.1%
|
-162
+85.2%
|
-1,092
-1879.1%
|
61
-51.2%
|
126
+109.8%
|
60
|
—
|
—
|
—
|
—
|
| Basic EPS |
-0.37
+76.2%
|
-0.46
+79.6%
|
-2.26
+86.7%
|
-17.03
-1874.0%
|
0.96
-50.5%
|
1.94
+110.9%
|
0.92
|
0.48
|
1.06
|
0.52
-38.1%
|
0.84
+366.7%
|
| Diluted EPS |
-0.37
+76.1%
|
-0.46
+79.6%
|
-2.26
+86.7%
|
-17.03
-1874.0%
|
0.96
-50.0%
|
1.92
+111.0%
|
0.91
|
0.47
|
1.02
|
0.51
-38.6%
|
0.83
+388.2%
|
| Weighted average shares, basic |
90
+16.8%
|
88
+23.4%
|
72
+11.7%
|
64
+0.6%
|
64
-1.4%
|
65
-0.8%
|
65
|
66
|
66
|
66
+0.9%
|
65
-0.4%
|
| Weighted average shares, diluted |
90
+16.3%
|
88
+23.4%
|
72
+11.7%
|
64
+0.2%
|
64
-2.4%
|
66
-0.7%
|
66
|
67
|
68
|
68
+2.3%
|
66
+0.2%
|
| Other measures | |||||||||||
| Depreciation and amortization |
—
|
30
-9.9%
|
33
+13.3%
|
29
+13.6%
|
26
-0.8%
|
26
+10.2%
|
24
|
23
|
23
|
21
-2.8%
|
22
-6.5%
|
| EBITDA |
—
|
62
-24.9%
|
83
+109.1%
|
-915
-871.5%
|
119
-30.7%
|
171
+73.5%
|
99
|
75
|
128
|
88
-17.1%
|
106
+98.8%
|
| Interest coverage |
—
|
0.80x
|
0.55x
|
-9.86x
|
5.26x
|
—
|
—
|
—
|
—
|
—
|
—
|
| Margins | |||||||||||
| Gross margin |
51.59%
|
51.63%
|
50.21%
|
34.10%
|
63.26%
|
62.24%
|
59.80%
|
61.49%
|
60.11%
|
59.87%
|
59.69%
|
| Operating margin |
2.05%
|
3.10%
|
5.49%
|
-108.70%
|
12.27%
|
19.57%
|
12.60%
|
9.50%
|
16.82%
|
11.33%
|
15.45%
|
| Pretax margin |
-2.12%
|
-2.02%
|
-20.17%
|
-119.89%
|
10.37%
|
18.77%
|
10.58%
|
8.14%
|
11.18%
|
9.83%
|
13.42%
|
| Profit margin |
-3.04%
|
-3.85%
|
-17.80%
|
-125.70%
|
8.11%
|
16.96%
|
10.07%
|
—
|
—
|
—
|
—
|
| EBITDA margin |
—
|
5.95%
|
9.14%
|
-105.33%
|
15.68%
|
23.08%
|
16.56%
|
13.70%
|
20.49%
|
14.92%
|
19.44%
|
| Effective tax rate |
—
|
—
|
—
|
—
|
22.10%
|
11.17%
|
5.46%
|
28.77%
|
0.51%
|
39.57%
|
25.18%
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.
New to this? Read How to Read an Income Statement, With a Real Example.
Company profile
- Industry
- Semiconductors & Related Devices (SIC 3674)
- Listed as
- SMTC (Nasdaq)
- Fiscal year ends
- January 31
- Incorporated in
- DE
- Headquarters
- Camarillo, CA
- SEC filer status
- Large accelerated filer
- SEC CIK
- 88941
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Source: SEC EDGAR filings. This is company-reported data, not investment advice.