Current Assets
Income taxes receivable
Semtech Income taxes receivable increased by 45.0% to $22.37M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 146.9%, from $9.06M to $22.37M. Over 5 years (FY 2021 to FY 2026), Income taxes receivable shows a downward trend with a -6.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2015
Last reportedQ1 2027May 27, 2026
How to read this metric
An increase may indicate overpayment of estimated taxes or the accrual of refundable credits, representing a potential source of near-term cash inflow.
Detailed definition
This represents the amount of income tax overpayments or refundable tax credits that the company expects to recover from...
Peer comparison
Common for large corporations that manage complex tax filings across multiple jurisdictions.
Metric ID:
income_taxes_receivableHistorical Data
21 periods
| 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 | $16.40M | $14.18M | $11.74M | $5.98M | $2.44M | $2.30M | $2.76M | $6.24M | $11.55M | $7.67M | $10.19M | $11.97M | $10.41M | $15.38M | $7.80M | $13.53M | $9.06M | $12.38M | $11.83M | $15.42M | $22.37M |
| QoQ Change | — | -13.5% | -17.2% | -49.0% | -59.2% | -5.9% | +20.0% | +126.4% | +85.1% | -33.6% | +32.9% | +17.4% | -13.1% | +47.8% | -49.2% | +73.4% | -33.1% | +36.7% | -4.4% | +30.4% | +45.0% |
| YoY Change | — | — | — | — | -85.1% | -83.8% | -76.5% | +4.3% | +373.1% | +233.7% | +269.6% | +91.7% | -9.9% | +100.5% | -23.4% | +13.1% | -12.9% | -19.5% | +51.6% | +14.0% | +146.9% |
Range$2.30M – $22.37M
CAGR+6.4%
Avg YoY Growth+58.1%
Median YoY Growth+13.1%
Current Streak2 quarters growth
Income taxes receivable at Other Companies
Frequently Asked Questions
- What is Semtech's income taxes receivable?
- Semtech (SMTC) reported income taxes receivable of $22.37M in Q1 2026.
- How has Semtech's income taxes receivable changed year-over-year?
- Semtech's income taxes receivable increased by 146.9% year-over-year, from $9.06M to $22.37M.
- What is the long-term trend for Semtech's income taxes receivable?
- Over 5 years (2021 to 2026), Semtech's income taxes receivable has grown at a -6.9% compound annual growth rate (CAGR), from $22.08M to $15.42M.
- What does income taxes receivable mean?
- Tax refunds or credits owed to the company by government tax agencies.