Semtech Corporation (SMTC)

Name: Semtech Corporation Financial Statements
Creator: Quarter Results

Technology | Semiconductors

Latest reporting period: 2025-10-26

Latest Quarter

2025-10-26

Revenue

$267M

Net Income

-$2.9M

Operating Margin

13.3%

Free Cash Flow

$43.8M

Debt / Assets

61.8%

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)	2025-10-26	2025-07-27	2025-04-27	2025-01-26
Revenue	266,971,000	257,589,000	251,060,000	251,000,000
Cost of Revenue	128,493,000	123,484,000	119,771,000	120,498,000
Gross Profit	138,478,000	134,105,000	131,289,000	130,502,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	57,113,000	58,469,000	46,447,000	53,500,000
Operating Expenses	107,421,000	150,297,000	95,322,000	109,266,000
Operating Income	35,500,000	-16,192,000	35,967,000	21,238,000
Interest Expense	26,200,000	5,235,000	6,694,000	12,883,000
Income Before Tax	4,400,000	-22,209,000	27,998,000	5,900,000
Income Tax Expense	7,323,000	4,793,000	8,653,000	-33,200,000
Net Income	-2,862,000	-27,064,000	19,345,000	39,100,000
Per Share
EPS	-0.03	-0.31	0.22	0.48
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Semtech Corporation (SMTC).
Income Statement (Annual)	2025-01-31	2025-01-26	2024-01-28	2023-01-29	2022-01-30
Revenue	909,287,000	909,287,000	868,758,000	756,533,000	740,858,000
Cost of Revenue	452,759,000	452,759,000	572,508,000	277,975,000	274,777,000
Gross Profit	456,528,000	456,528,000	296,250,000	478,558,000	466,081,000
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	222,368,000	222,368,000	220,220,000	235,801,000	168,210,000
Operating Expenses	406,594,000	406,594,000	1,366,939,000	404,072,000	321,077,000
Operating Income	49,934,000	49,934,000	-944,322,000	92,799,000	145,017,000
Interest Expense	89,627,000	89,627,000	106,002,000	17,646,000	5,091,000
Income Before Tax	-183,361,000	-183,361,000	-1,041,555,000	78,467,000	139,069,000
Income Tax Expense	-22,012,000	-22,012,000	50,519,000	17,344,000	15,539,000
Net Income	-161,896,000	-161,896,000	-1,092,030,000	61,380,000	125,664,000
Per Share
EPS	-2.26	-2.26	-17.03	0.96	1.94
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Semtech Corporation (SMTC).
Balance Sheet (Quarterly)	2025-01-31	2025-01-26	2024-01-28	2023-01-29
Assets
Cash and Cash Equivalents	151,743,000	151,743,000	128,585,000	235,510,000
Short Term Investments	12,716,000	12,716,000	14,545,000	12,557,000
Net Receivables	188,122,000	188,122,000	134,322,000	161,695,000
Inventory	163,593,000	163,593,000	144,992,000	207,704,000
Total Current Assets	585,461,000	585,461,000	534,197,000	722,786,000
Property Plant Equipment	126,190,000	126,190,000	177,488,000	169,293,000
Goodwill and Intangibles	566,202,000	566,202,000	576,793,000	1,496,805,000
Total Assets	1,419,264,000	1,419,264,000	1,373,735,000	2,569,628,000
Liabilities
Account Payables	59,239,000	59,239,000	45,051,000	100,676,000
Short Term Debt	45,600,000	45,600,000	6,560,000	43,104,000
Total Current Liabilities	283,034,000	283,034,000	217,156,000	396,855,000
Long Term Debt	505,900,000	505,900,000	1,393,072,000	1,296,966,000
Total Liabilities	876,838,000	876,838,000	1,680,985,000	1,813,593,000
Shareholders Equity
Retained Earnings	-395,686,000	-395,686,000	-233,790,000	858,240,000
Total Shareholders Equity	542,426,000	542,426,000	-307,434,000	755,852,000

Balance sheet annual history for Semtech Corporation (SMTC).
Balance Sheet (Annual)	2025-01-31	2025-01-26	2024-01-28	2023-01-29	2022-01-30
Assets
Cash and Cash Equivalents	151,743,000	151,743,000	128,585,000	235,510,000	279,601,000
Short Term Investments	12,716,000	12,716,000	14,545,000	12,557,000	12,402,000
Net Receivables	188,122,000	188,122,000	134,322,000	161,695,000	71,507,000
Inventory	163,593,000	163,593,000	144,992,000	207,704,000	114,003,000
Total Current Assets	585,461,000	585,461,000	534,197,000	722,786,000	502,295,000
Property Plant Equipment	126,190,000	126,190,000	177,488,000	169,293,000	134,940,000
Goodwill and Intangibles	566,202,000	566,202,000	576,793,000	1,496,805,000	357,945,000
Total Assets	1,419,264,000	1,419,264,000	1,373,735,000	2,569,628,000	1,130,911,000
Liabilities
Account Payables	59,239,000	59,239,000	45,051,000	100,676,000	50,695,000
Short Term Debt	45,600,000	45,600,000	6,560,000	43,104,000	3,977,000
Total Current Liabilities	283,034,000	283,034,000	217,156,000	396,855,000	128,399,000
Long Term Debt	505,900,000	505,900,000	1,393,072,000	1,296,966,000	171,676,000
Total Liabilities	876,838,000	876,838,000	1,680,985,000	1,813,593,000	393,136,000
Shareholders Equity
Retained Earnings	-395,686,000	-395,686,000	-233,790,000	858,240,000	796,860,000
Total Shareholders Equity	542,426,000	542,426,000	-307,434,000	755,852,000	737,584,000

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

Cash flow annual history for Semtech Corporation (SMTC).
Cash Flow Statement (Annual)	2025-01-31	2025-01-26	2024-01-28	2023-01-29	2022-01-30
Operating Activities
Net Income	-161,896,000	-161,896,000	-1,092,030,000	61,372,000	125,645,000
Depreciation & Amortization	49,371,000	49,371,000	84,452,000	36,893,000	35,302,000
Stock Based Compensation	68,036,000	68,036,000	40,170,000	39,248,000	51,189,000
Change in Working Capital	0	0	-81,757,000	19,576,000	-9,633,000
Operating Cash Flow	57,987,000	57,987,000	-93,920,000	126,711,000	203,123,000
Investing Activities
Capital Expenditure	-14,202,000	-14,202,000	-31,100,000	-28,323,000	-26,181,000
Investments	-7,861,000	-7,861,000	-29,185,000	-28,323,000	-26,181,000
Investing Cash Flow	-11,887,000	-11,887,000	-22,697,000	-1,247,322,000	-40,316,000
Financing Activities
Debt Repayment	-656,413,000	-656,413,000	42,625,000	-33,000,000	-28,000,000
Common Stock Issued/Repurchased	0	0	-6,714,000	-49,380,000	-124,469,000
Dividends Paid	0	0	0	0	-5,277,000
Financing Cash Flow	-21,660,000	-21,660,000	10,550,000	1,076,520,000	-152,097,000
Summary
Free Cash Flow	43,785,000	43,785,000	-125,020,000	98,388,000	176,942,000
Net Change in Cash	23,158,000	23,158,000	-106,925,000	-44,091,000	10,710,000