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.
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.
This metric represents the total direct costs attributable to the production and delivery of goods and services within t...
Comparable to cost of goods sold (COGS) for hardware and connectivity segments at other semiconductor or IoT infrastructure providers.
smtc_segment_iot_systems_and_connectivity_cost_of_sales| FY'24 | FY'25 | FY'26 | |
|---|---|---|---|
| Value | $249.96M | $197.08M | $228.18M |
| YoY Change | — | -21.2% | +15.8% |