Operating
Non-Cash Lease Expense
Semtech Non-Cash Lease Expense increased by 10.2% to $1.57M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 16.9%, from $1.35M to $1.57M. Over 4 years (FY 2022 to FY 2026), Non-Cash Lease Expense shows an upward trend with a 5.8% CAGR.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2019
Last reportedQ1 2027May 27, 2026
How to read this metric
An increase suggests an expansion of the company's physical footprint or equipment leasing arrangements.
Detailed definition
This reflects the non-cash amortization of right-of-use assets associated with operating leases under accounting standar...
Peer comparison
Standard for all companies reporting under modern lease accounting standards.
Metric ID:
operating_lease_expenseHistorical 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 | $1.06M | $1.13M | $1.11M | $1.12M | $1.14M | $1.16M | $1.17M | $1.27M | $1.64M | $1.65M | $1.67M | $1.53M | $1.43M | $1.76M | $1.35M | $1.33M | $1.35M | $1.36M | $1.39M | $1.43M | $1.57M |
| QoQ Change | — | +6.8% | -1.8% | +1.3% | +1.7% | +1.9% | +0.9% | +8.0% | +29.0% | +0.7% | +1.5% | -8.5% | -6.5% | +22.9% | -23.0% | -1.7% | +1.2% | +0.7% | +2.7% | +2.6% | +10.2% |
| YoY Change | — | — | — | — | +8.1% | +3.1% | +6.0% | +13.0% | +43.4% | +41.7% | +42.5% | +20.8% | -12.5% | +6.7% | -19.1% | -13.1% | -5.9% | -22.9% | +2.9% | +7.4% | +16.9% |
Range$1.06M – $1.76M
CAGR+8.3%
Avg YoY Growth+8.2%
Median YoY Growth+6.7%
Current Streak5 quarters growth
Non-Cash Lease Expense at Other Companies
Frequently Asked Questions
- What is Semtech's non-cash lease expense?
- Semtech (SMTC) reported non-cash lease expense of $1.57M in Q1 2026.
- How has Semtech's non-cash lease expense changed year-over-year?
- Semtech's non-cash lease expense increased by 16.9% year-over-year, from $1.35M to $1.57M.
- What is the long-term trend for Semtech's non-cash lease expense?
- Over 4 years (2022 to 2026), Semtech's non-cash lease expense has grown at a 5.8% compound annual growth rate (CAGR), from $4.41M to $5.52M.
- What does non-cash lease expense mean?
- The non-cash accounting charge for the use of leased assets.