Non-Current Liabilities

Operating Lease Liabilities

Semtech Operating Lease Liabilities decreased by 5.5% to $19.56M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.4%, from $19.84M to $19.56M. Over 5 years (FY 2021 to FY 2026), Operating Lease Liabilities shows an upward trend with a 9.5% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ1 2020
Last reportedQ1 2027May 27, 2026

How to read this metric

An increase reflects long-term expansion of the leased asset base, while a decrease indicates a reduction in long-term lease commitments.

Detailed definition

This represents the portion of operating lease obligations that are due beyond the next twelve months. It reflects the l...

Peer comparison

Standard long-term liability for companies with significant real estate or equipment footprints.

Metric ID: operating_lease_liabilities_non_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$12.36M$18.56M$17.75M$16.58M$15.45M$15.84M$14.32M$26.48M$24.58M$25.64M$23.40M$22.03M$20.29M$20.69M$19.44M$18.50M$19.84M$20.40M$18.82M$20.70M$19.56M
QoQ Change+50.2%-4.4%-6.6%-6.8%+2.5%-9.6%+84.9%-7.2%+4.3%-8.7%-5.9%-7.9%+2.0%-6.0%-4.8%+7.2%+2.9%-7.7%+10.0%-5.5%
YoY Change+25.0%-14.7%-19.3%+59.8%+59.2%+61.9%+63.4%-16.8%-17.5%-19.3%-16.9%-16.0%-2.3%-1.4%-3.2%+11.9%-1.4%
Range$12.36M$26.48M
CAGR+9.6%
Avg YoY Growth+9.0%
Median YoY Growth-2.3%

Frequently Asked Questions

What is Semtech's operating lease liabilities?
Semtech (SMTC) reported operating lease liabilities of $19.56M in Q1 2026.
How has Semtech's operating lease liabilities changed year-over-year?
Semtech's operating lease liabilities decreased by 1.4% year-over-year, from $19.84M to $19.56M.
What is the long-term trend for Semtech's operating lease liabilities?
Over 5 years (2021 to 2026), Semtech's operating lease liabilities has grown at a 9.5% compound annual growth rate (CAGR), from $13.17M to $20.70M.
What does operating lease liabilities mean?
The amount of lease payments due after one year.