Semtech Corp (SMTC) financials
Semtech revenue and earnings by year
Semtech's revenue was $1.05 billion in the fiscal year to January 25, 2026, up 15.5% from the year before. Net income was -$40.4 million, -3.8% of revenue. Since the fiscal year to January 29, 2017, revenue has grown 7.6% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Jan 2026 | Jan 2025 | Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.05 | 0.91 | 0.87 | 0.76 | 0.74 | 0.60 | 0.55 | 0.63 | 0.59 | 0.54 |
| Revenue growth | 15.5% | 4.7% | 14.8% | 2.1% | 24.5% | 8.7% | -12.7% | 6.7% | 8.0% | — |
| Gross profit | 0.54 | 0.46 | 0.30 | 0.48 | 0.46 | 0.36 | 0.34 | 0.38 | 0.35 | 0.32 |
| Gross margin | 51.6% | 50.2% | 34.1% | 63.3% | 62.2% | 59.8% | 61.5% | 60.1% | 59.9% | 59.7% |
| Operating income | 0.03 | 0.05 | -0.94 | 0.09 | 0.15 | 0.07 | 0.05 | 0.11 | 0.07 | 0.08 |
| Operating margin | 3.1% | 5.5% | -108.7% | 12.3% | 19.6% | 12.6% | 9.5% | 16.8% | 11.4% | 15.4% |
| Net income | -0.04 | -0.16 | -1.09 | 0.06 | 0.13 | 0.06 | 0.03 | 0.07 | 0.03 | 0.05 |
| Net margin | -3.8% | -17.8% | -125.7% | 8.1% | 17.0% | 10.1% | 5.8% | 11.1% | 5.9% | 10.0% |
| Diluted EPS | -$0.46 | -$2.26 | -$17.03 | $0.96 | $1.92 | $0.91 | $0.47 | $1.02 | $0.55 | $0.83 |
| Free cash flow | 0.17 | 0.05 | -0.12 | 0.10 | 0.18 | 0.09 | 0.10 | 0.17 | 0.08 | 0.08 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open SMTC in Markets.
See also: SMTC valuation and P/E history · SMTC returns
No forecast, no recommendation. This page describes Semtech Corp from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.