IoT Systems and Connectivity — Segment cost of sales
Semtech IoT Systems and Connectivity — Segment cost of sales increased by 1.3% to $56.69M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 0.5%, from $56.99M to $56.69M. Over 2 years (FY 2023 to FY 2025), IoT Systems and Connectivity — Segment cost of sales shows an upward trend with a 361.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase relative to sales may indicate rising input costs or manufacturing inefficiencies, whereas a decrease suggests improved production cost management.
Detailed definition
Includes the direct costs associated with producing and delivering IoT systems and connectivity products, such as raw ma...
Peer comparison
Standard cost of goods sold (COGS) metric for specific hardware business segments across the technology sector.
smtc_segment_iot_systems_and_connectivity_segment_cost_of_salesHistorical Data
| 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 | Q1 '27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.32M | $2.32M | $2.32M | $2.32M | $62.49M | $62.49M | $62.49M | $62.49M | $45.37M | $49.50M | $48.66M | $53.56M | $56.99M | $53.74M | $55.96M | $56.69M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | >999% | +0.0% | +0.0% | +0.0% | -27.4% | +9.1% | -1.7% | +10.1% | +6.4% | -5.7% | +4.1% | +1.3% |
| YoY Change | — | — | — | — | >999% | >999% | >999% | >999% | -27.4% | -20.8% | -22.1% | -14.3% | +25.6% | +8.6% | +15.0% | -0.5% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Semtech's iot systems and connectivity — segment cost of sales?
- Semtech (SMTC) reported iot systems and connectivity — segment cost of sales of $56.69M in Q1 2026.
- How has Semtech's iot systems and connectivity — segment cost of sales changed year-over-year?
- Semtech's iot systems and connectivity — segment cost of sales decreased by 0.5% year-over-year, from $56.99M to $56.69M.
- What is the long-term trend for Semtech's iot systems and connectivity — segment cost of sales?
- Over 2 years (2023 to 2025), Semtech's iot systems and connectivity — segment cost of sales has grown at a 361.1% compound annual growth rate (CAGR), from $9.27M to $197.08M.
- What does iot systems and connectivity — segment cost of sales mean?
- The direct costs incurred to manufacture and deliver IoT systems and connectivity products.