Services — Cost of sales:
Semtech Services — Cost of sales: increased by 6.8% to $13.90M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 14.3%, from $12.16M to $13.90M. Over 3 years (FY 2023 to FY 2026), Services — Cost of sales: shows an upward trend with a 160.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
A decrease relative to revenue signals improved operational efficiency and better margins, while an increase may suggest rising infrastructure costs or inefficiencies in service delivery.
Detailed definition
This metric captures the direct costs associated with delivering the company's services, including personnel, infrastruc...
Peer comparison
Comparable to 'Cost of Services' or 'Direct Cost of Revenue' reported by technology companies with significant service or SaaS components.
smtc_segment_services_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 | Q4 '26 | Q1 '27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $704.75K | $704.75K | $704.75K | $704.75K | $13.26M | $13.26M | $13.26M | $13.26M | $13.00M | $12.24M | $12.48M | $11.66M | $12.16M | $12.67M | $12.16M | $13.02M | $13.90M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | >999% | +0.0% | +0.0% | +0.0% | -2.0% | -5.8% | +1.9% | -6.6% | +4.2% | +4.2% | -4.1% | +7.1% | +6.8% |
| YoY Change | — | — | — | — | >999% | >999% | >999% | >999% | -2.0% | -7.6% | -5.8% | -12.0% | -6.5% | +3.5% | -2.6% | +11.6% | +14.3% |
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Frequently Asked Questions
- What is Semtech's services — cost of sales:?
- Semtech (SMTC) reported services — cost of sales: of $13.90M in Q1 2026.
- How has Semtech's services — cost of sales: changed year-over-year?
- Semtech's services — cost of sales: increased by 14.3% year-over-year, from $12.16M to $13.90M.
- What is the long-term trend for Semtech's services — cost of sales:?
- Over 3 years (2023 to 2026), Semtech's services — cost of sales: has grown at a 160.8% compound annual growth rate (CAGR), from $2.82M to $50.00M.
- What does services — cost of sales: mean?
- The direct expenses incurred to provide and maintain the company's services, excluding non-cash charges.