Semtech Corporation (SMTC)

Name: Semtech Corporation Financial Statements
Creator: Quarter Results

Technology | Semiconductors

Latest reporting period: 2026-01-31

Latest Quarter

2026-01-31

Revenue

$274M

Net Income

-$29.8M

Operating Margin

11.2%

Free Cash Flow

$171M

Debt / Assets

61.0%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for Semtech Corporation (SMTC).
Income Statement (Quarterly)	2026-01-31	2026-01-25	2025-10-26	2025-07-27
Revenue	274,400,000	274,400,000	266,971,000	257,589,000
Cost of Revenue	136,300,000	136,300,000	128,848,999	123,632,000
Gross Profit	138,100,000	138,100,000	138,122,000	133,957,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	56,100,000	56,100,000	57,113,000	58,469,000
Operating Expenses	107,300,000	107,300,000	106,309,000	106,667,000
Operating Income	30,800,000	30,800,000	31,813,000	27,290,000
Interest Expense	1,800,000	1,800,000	26,200,000	5,235,000
Income Before Tax	-30,800,000	-30,800,000	4,461,000	-22,271,000
Income Tax Expense	-900,000	-900,000	7,323,000	4,793,000
Net Income	-29,800,000	-29,800,000	-2,862,000	-27,064,000
Per Share
EPS	-0.32	-0.32	-0.03	-0.31
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Semtech Corporation (SMTC).
Income Statement (Annual)	2026-01-31	2026-01-25	2025-01-31	2025-01-26	2024-01-28
Revenue	1,050,000,000	1,050,000,000	909,287,000	909,287,000	868,758,000
Cost of Revenue	508,400,000	508,400,000	453,643,000	452,759,000	572,508,000
Gross Profit	541,600,000	541,600,000	455,644,000	456,528,000	296,250,000
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	211,700,000	211,700,000	223,054,000	222,368,000	220,220,000
Operating Expenses	408,000,000	408,000,000	393,962,000	406,594,000	1,366,939,000
Operating Income	133,600,000	133,600,000	61,682,000	49,934,000	-944,322,000
Interest Expense	40,000,000	40,000,000	89,627,000	89,627,000	106,002,000
Income Before Tax	-20,600,000	-20,600,000	-183,908,000	-183,361,000	-1,041,555,000
Income Tax Expense	19,800,000	19,800,000	-22,012,000	-22,012,000	50,519,000
Net Income	-40,400,000	-40,400,000	-161,896,000	-161,896,000	-1,092,030,000
Per Share
EPS	-0.46	-0.46	-2.26	-2.26	-17.03
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Semtech Corporation (SMTC).
Balance Sheet (Quarterly)	2026-01-31	2026-01-25	2025-01-31	2025-01-26
Assets
Cash and Cash Equivalents	195,200,000	195,200,000	151,743,000	151,743,000
Short Term Investments	0	0	12,716,000	12,716,000
Net Receivables	160,600,000	160,600,000	188,122,000	188,122,000
Inventory	195,700,000	195,700,000	163,593,000	163,593,000
Total Current Assets	655,100,000	655,100,000	585,461,000	585,461,000
Property Plant Equipment	109,300,000	109,300,000	126,190,000	126,190,000
Goodwill and Intangibles	497,900,000	497,900,000	566,202,000	566,202,000
Total Assets	1,410,300,000	1,410,300,000	1,419,264,000	1,419,264,000
Liabilities
Account Payables	84,100,000	84,100,000	59,239,000	59,239,000
Short Term Debt	0	10,478,000	45,600,000	45,600,000
Total Current Liabilities	275,900,000	275,900,000	283,034,000	283,034,000
Long Term Debt	491,200,000	491,200,000	505,900,000	505,900,000
Total Liabilities	860,500,000	860,500,000	876,838,000	876,838,000
Shareholders Equity
Retained Earnings	0	-436,062,000	-395,686,000	-395,686,000
Total Shareholders Equity	549,700,000	549,700,000	542,426,000	542,426,000

Balance sheet annual history for Semtech Corporation (SMTC).
Balance Sheet (Annual)	2026-01-31	2026-01-25	2025-01-31	2025-01-26	2024-01-28
Assets
Cash and Cash Equivalents	195,200,000	195,200,000	151,743,000	151,743,000	128,585,000
Short Term Investments	0	0	12,716,000	12,716,000	14,545,000
Net Receivables	160,600,000	160,600,000	188,122,000	188,122,000	134,322,000
Inventory	195,700,000	195,700,000	163,593,000	163,593,000	144,992,000
Total Current Assets	655,100,000	655,100,000	585,461,000	585,461,000	534,197,000
Property Plant Equipment	109,300,000	109,300,000	126,190,000	126,190,000	177,488,000
Goodwill and Intangibles	497,900,000	497,900,000	566,202,000	566,202,000	576,793,000
Total Assets	1,410,300,000	1,410,300,000	1,419,264,000	1,419,264,000	1,373,735,000
Liabilities
Account Payables	84,100,000	84,100,000	59,239,000	59,239,000	45,051,000
Short Term Debt	0	10,478,000	45,600,000	45,600,000	6,560,000
Total Current Liabilities	275,900,000	275,900,000	283,034,000	283,034,000	217,156,000
Long Term Debt	491,200,000	491,200,000	505,900,000	505,900,000	1,393,072,000
Total Liabilities	860,500,000	860,500,000	876,838,000	876,838,000	1,680,985,000
Shareholders Equity
Retained Earnings	0	-436,062,000	-395,686,000	-395,686,000	-233,790,000
Total Shareholders Equity	549,700,000	549,700,000	542,426,000	542,426,000	-307,434,000

Cash flow quarterly history for Semtech Corporation (SMTC).
Cash Flow Statement (Quarterly)	2026-01-25	2025-01-31	2025-01-26	2024-01-28
Operating Activities
Net Income	-40,376,000	-161,896,000	-161,896,000	-1,092,030,000
Depreciation & Amortization	46,329,000	49,371,000	49,371,000	84,452,000
Stock Based Compensation	57,723,000	68,036,000	68,036,000	40,170,000
Change in Working Capital	-16,906,000	0	0	-81,757,000
Operating Cash Flow	181,168,000	57,987,000	57,987,000	-93,920,000
Investing Activities
Capital Expenditure	-9,783,000	-14,202,000	-14,202,000	-31,100,000
Investments	-9,783,000	-7,861,000	-7,861,000	-29,185,000
Investing Cash Flow	-38,761,000	-11,887,000	-11,887,000	-22,697,000
Financing Activities
Debt Repayment	151,194,000	-656,413,000	-656,413,000	42,625,000
Common Stock Issued/Repurchased	-213,611,000	0	0	-6,714,000
Dividends Paid	0	0	0	0
Financing Cash Flow	-89,415,000	-21,660,000	-21,660,000	10,550,000
Summary
Free Cash Flow	171,385,000	43,785,000	43,785,000	-125,020,000
Net Change in Cash	43,436,000	23,158,000	23,158,000	-106,925,000

Cash flow annual history for Semtech Corporation (SMTC).
Cash Flow Statement (Annual)	2026-01-25	2025-01-31	2025-01-26	2024-01-28	2023-01-29
Operating Activities
Net Income	-40,376,000	-161,896,000	-161,896,000	-1,092,030,000	61,372,000
Depreciation & Amortization	46,329,000	49,371,000	49,371,000	84,452,000	36,893,000
Stock Based Compensation	57,723,000	68,036,000	68,036,000	40,170,000	39,248,000
Change in Working Capital	-16,906,000	0	0	-81,757,000	19,576,000
Operating Cash Flow	181,168,000	57,987,000	57,987,000	-93,920,000	126,711,000
Investing Activities
Capital Expenditure	-9,783,000	-14,202,000	-14,202,000	-31,100,000	-28,323,000
Investments	-9,783,000	-7,861,000	-7,861,000	-29,185,000	-28,323,000
Investing Cash Flow	-38,761,000	-11,887,000	-11,887,000	-22,697,000	-1,247,322,000
Financing Activities
Debt Repayment	151,194,000	-656,413,000	-656,413,000	42,625,000	-33,000,000
Common Stock Issued/Repurchased	-213,611,000	0	0	-6,714,000	-49,380,000
Dividends Paid	0	0	0	0	0
Financing Cash Flow	-89,415,000	-21,660,000	-21,660,000	10,550,000	1,076,520,000
Summary
Free Cash Flow	171,385,000	43,785,000	43,785,000	-125,020,000	98,388,000
Net Change in Cash	43,436,000	23,158,000	23,158,000	-106,925,000	-44,091,000