Gross Profit
Semtech Gross Profit increased by 9.5% to $151.46M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.4%, from $131.29M to $151.46M. Over 4 years (FY 2022 to FY 2026), Gross Profit shows an upward trend with a 4.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests improved manufacturing efficiency, favorable product mix, or higher pricing power, while a decrease may indicate rising raw material costs, supply chain inefficiencies, or competitive pricing pressure.
Detailed definition
Gross profit represents the residual earnings a company retains after deducting the direct costs associated with produci...
Peer comparison
Peers in the medical device and diagnostics sector typically maintain high gross margins due to intellectual property and specialized manufacturing, though these vary based on the specific product mix of nutritionals versus high-tech devices.
gross_profitHistorical Data
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $104.86M | $115.43M | $123.69M | $117.16M | $129.21M | $134.77M | $114.57M | $100.01M | $102.95M | $100.73M | $92.97M | $0.00 | $99.59M | $105.46M | $120.97M | $130.50M | $131.29M | $134.11M | $138.48M | $138.27M | $151.46M |
| QoQ Change | — | +10.1% | +7.2% | -5.3% | +10.3% | +4.3% | -15.0% | -12.7% | +2.9% | -2.2% | -7.7% | -100.0% | — | +5.9% | +14.7% | +7.9% | +0.6% | +2.1% | +3.3% | -0.1% | +9.5% |
| YoY Change | — | — | — | — | +23.2% | +16.8% | -7.4% | -14.6% | -20.3% | -25.3% | -18.9% | -100.0% | -3.3% | +4.7% | +30.1% | — | +31.8% | +27.2% | +14.5% | +6.0% | +15.4% |
Business Segments
| Segment | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 |
|---|---|---|---|---|---|---|---|---|
| Signal Integrity | $36.77M | $45.12M | $46.00M | $48.16M | $47.86M | $53.16M | $61.17M | $63.99M |
| Analog Mixed Signal and Wireless | $45.40M | $47.36M | $45.91M | $56.45M | $54.56M | $56.29M | $52.69M | $59.16M |
| IoT Systems and Connectivity | — | — | — | $29.92M | $35.05M | $32.36M | $28.40M | $31.57M |
| Unallocated costs, including share-based compensation and amortization of acquired technology | -$3.81M | -$5.34M | — | — | — | — | — | — |
| Total | $105.46M | $120.97M | $130.50M | $131.29M | $134.11M | $138.48M | $138.27M | $151.46M |
Signal Integrity Products Group is derived from annual filings.
IoT Connected Services, IoT Systems, Signal Integrity Products Group, Unallocated costs, including share-based compensation and amortization of acquired technology were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Gross Profit at Other Companies
Frequently Asked Questions
- What is Semtech's gross profit?
- Semtech (SMTC) reported gross profit of $151.46M in Q1 2026.
- How has Semtech's gross profit changed year-over-year?
- Semtech's gross profit increased by 15.4% year-over-year, from $131.29M to $151.46M.
- What is the long-term trend for Semtech's gross profit?
- Over 4 years (2022 to 2026), Semtech's gross profit has grown at a 4.1% compound annual growth rate (CAGR), from $461.14M to $542.14M.
- What does gross profit mean?
- The total revenue earned from sales minus the direct costs required to manufacture and deliver those products.