Current Liabilities

Operating Lease Liabilities (Current)

Semtech Operating Lease Liabilities (Current) increased by 0.2% to $6.08M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 5.8%, from $6.45M to $6.08M. Over 5 years (FY 2021 to FY 2026), Operating Lease Liabilities (Current) shows an upward trend with a 8.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalLower is better
VolatilityStable
First reportedQ4 2019
Last reportedQ1 2027May 27, 2026

How to read this metric

An increase indicates higher near-term cash outflows for leases, potentially pressuring short-term liquidity.

Detailed definition

This represents the portion of total operating lease obligations that are due to be paid within the next twelve months....

Peer comparison

Commonly reported by all companies with significant lease portfolios.

Metric ID: operating_lease_liabilities_current

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$3.46M$3.59M$3.93M$3.98M$3.79M$4.20M$3.95M$6.21M$5.98M$6.42M$6.19M$6.56M$6.28M$6.60M$6.51M$6.01M$6.45M$6.61M$6.53M$6.06M$6.08M
QoQ Change+3.6%+9.7%+1.1%-4.7%+10.9%-6.1%+57.4%-3.7%+7.3%-3.6%+6.0%-4.3%+5.2%-1.4%-7.7%+7.4%+2.5%-1.3%-7.1%+0.2%
YoY Change+9.6%+17.2%+0.3%+56.1%+57.7%+52.7%+56.8%+5.7%+5.0%+2.9%+5.2%-8.4%+2.8%+0.2%+0.3%+0.9%-5.8%
Range$3.46M$6.61M
CAGR+11.9%
Avg YoY Growth+15.2%
Median YoY Growth+5.0%

Frequently Asked Questions

What is Semtech's operating lease liabilities (current)?
Semtech (SMTC) reported operating lease liabilities (current) of $6.08M in Q1 2026.
How has Semtech's operating lease liabilities (current) changed year-over-year?
Semtech's operating lease liabilities (current) decreased by 5.8% year-over-year, from $6.45M to $6.08M.
What is the long-term trend for Semtech's operating lease liabilities (current)?
Over 5 years (2021 to 2026), Semtech's operating lease liabilities (current) has grown at a 8.8% compound annual growth rate (CAGR), from $3.98M to $6.06M.
What does operating lease liabilities (current) mean?
The amount of lease payments due within one year.