SMTC
Semtech Corporation
NASDAQ · Technology · Semiconductors · US
$144.01
+6.36%Income statement
| Metric | TTM | 2026 | 2025 | 2024 | 2023 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 1.2B | 1.1B | 909.3M | 868.8M | 756.5M |
| Cost of Revenue | 563.1M | 508.4M | 453.6M | 494.8M | 277.6M |
| Gross Profit | 611.1M | 541.6M | 455.6M | 374.0M | 479.0M |
| Operating Expenses | |||||
| R&D Expense | 218.6M | 196.3M | 170.9M | 186.4M | 155.9M |
| SG&A Expense | 243.2M | 211.7M | 223.1M | 221.7M | 164.0M |
| General & Admin Expense | — | — | — | — | — |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | 100.0K | — | — | — | — |
| Total Operating Expenses | 461.9M | 408.0M | 394.0M | 408.1M | 320.0M |
| Cost and Expenses | 1.0B | 916.4M | 847.6M | 902.9M | 597.5M |
| Operating Income (EBIT) | 149.2M | 133.6M | 61.7M | (34.1M) | 159.0M |
| Non-Operating | |||||
| Interest Income | 3.4M | 2.5M | 2.3M | 3.1M | 5.8M |
| Interest Expense | 31.9M | 40.0M | 89.6M | 106.0M | 15.5M |
| Net Interest Income | (28.5M) | (37.5M) | (87.3M) | (102.9M) | (9.7M) |
| Other Non-Op Income/Expense | (94.2M) | (154.2M) | (245.6M) | (1.0B) | (80.3M) |
| Non-Operating Income (excl Interest) | 62.3M | 114.2M | 156.0M | 901.4M | 64.8M |
| EBT (Pre-Tax Income) | 55.1M | (20.6M) | (183.9M) | (1.0B) | 78.7M |
| Income Tax Expense | (94.8M) | 19.8M | (22.0M) | 50.5M | 17.3M |
| Bottom Line | |||||
| Net Income | 153.9M | (40.4M) | (161.9M) | (1.1B) | 61.4M |
| Earnings from Cont. Ops | 149.8M | (40.4M) | (161.9M) | (1.1B) | 61.4M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 153.9M | (40.4M) | (161.9M) | (1.1B) | 61.4M |
| Per Share | |||||
| Basic EPS | $1.66 | ($0.46) | ($2.26) | ($17.03) | $0.96 |
| Diluted EPS | $1.51 | ($0.46) | ($2.26) | ($17.03) | $0.96 |
| Revenue Per Share | $12.59 | $11.88 | $12.70 | $13.55 | $11.86 |
| Shares | |||||
| Basic Shares Outstanding | 93.3M | 88.4M | 71.6M | 64.1M | 63.8M |
| Diluted Shares Outstanding | 100.8M | 88.4M | 71.6M | 64.1M | 64.0M |
| Profitability Metrics | |||||
| EBITDA | 118.3M | 60.2M | (44.9M) | (851.1M) | 131.1M |
| D&A | 31.3M | 40.8M | 49.4M | 84.5M | 36.9M |
| EBIT | 87.0M | 19.4M | (94.3M) | (935.5M) | 94.2M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jul 1, 2026