Other Income & Expense

Interest Expense

Semtech Interest Expense decreased by 102.3% to -$1.86M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 71.8%, from -$6.58M to -$1.86M. Over 4 years (FY 2022 to FY 2026), Interest Expense shows an upward trend with a 68.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOther Income & Expense
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ1 2014
Last reportedQ1 2027May 27, 2026

How to read this metric

Increasing interest expense may signal higher debt levels or rising interest rates, which can reduce net profitability.

Detailed definition

Interest expense represents the cost incurred by a company for borrowed funds, such as loans, bonds, or other debt instr...

Peer comparison

Highly dependent on the company's capital structure; peers with lower debt-to-equity ratios will show lower interest expenses.

Metric ID: interest_expense

Historical Data

21 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Value$1.07M$1.06M$1.12M$1.85M$1.20M$734.00K$8.34M$7.38M$20.51M$20.40M$22.61M$32.29M$17.15M-$28.58M-$20.81M$162.68M-$6.58M-$5.24M-$26.98M$79.41M-$1.86M
QoQ Change-0.9%+5.9%+66.0%-35.4%-38.7%>999%-11.5%+178.0%-0.5%+10.8%+42.8%-46.9%-266.7%+27.2%+881.9%-104.0%+20.5%-415.3%+394.4%-102.3%
YoY Change+12.4%-30.4%+646.3%+298.0%>999%>999%+171.3%+337.6%-16.4%-240.1%-192.0%+403.8%-138.4%+81.7%-29.6%-51.2%+71.8%
Range-$28.58M$162.68M
CAGR+11.7%
Avg YoY Growth+330.5%
Median YoY Growth+71.8%

Frequently Asked Questions

What is Semtech's interest expense?
Semtech (SMTC) reported interest expense of -$1.86M in Q1 2026.
How has Semtech's interest expense changed year-over-year?
Semtech's interest expense increased by 71.8% year-over-year, from -$6.58M to -$1.86M.
What is the long-term trend for Semtech's interest expense?
Over 4 years (2022 to 2026), Semtech's interest expense has grown at a 68.1% compound annual growth rate (CAGR), from $5.09M to $40.62M.
What does interest expense mean?
The cost of borrowing money, paid as interest on debt.