Business Segments · Cost of Sales

IoT Systems And Connectivity — Cost of Sales

Semtech IoT Systems And Connectivity — Cost of Sales remained flat by 0.0% to $57.05M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 15.8%, from $49.27M to $57.05M. Over 2 years (FY 2024 to FY 2026), IoT Systems And Connectivity — Cost of Sales shows relatively stable performance with a -4.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2024
Last reportedQ4 2026Mar 23, 2026

How to read this metric

An increase in cost of sales relative to revenue may indicate rising input costs, manufacturing inefficiencies, or shifts in product mix, while a decrease suggests improved production cost management or economies of scale.

Detailed definition

This metric represents the total direct costs attributable to the production and delivery of goods and services within t...

Peer comparison

Comparable to cost of goods sold (COGS) for hardware and connectivity segments at other semiconductor or IoT infrastructure providers.

Metric ID: smtc_segment_iot_systems_and_connectivity_cost_of_sales

Historical Data

3 years
 FY'24FY'25FY'26
Value$249.96M$197.08M$228.18M
YoY Change-21.2%+15.8%
Range$197.08M$249.96M
CAGR-4.5%
Avg YoY Growth-2.7%
Median YoY Growth-2.7%

Frequently Asked Questions

What is Semtech's iot systems and connectivity — cost of sales?
Semtech (SMTC) reported iot systems and connectivity — cost of sales of $57.05M in Q4 2025.
How has Semtech's iot systems and connectivity — cost of sales changed year-over-year?
Semtech's iot systems and connectivity — cost of sales increased by 15.8% year-over-year, from $49.27M to $57.05M.
What is the long-term trend for Semtech's iot systems and connectivity — cost of sales?
Over 2 years (2024 to 2026), Semtech's iot systems and connectivity — cost of sales has grown at a -4.5% compound annual growth rate (CAGR), from $249.96M to $228.18M.
What does iot systems and connectivity — cost of sales mean?
The total direct expenses incurred to produce and deliver products and services within the IoT Systems and Connectivity segment.