Services — Net sales:
Semtech Services — Net sales: increased by 3.4% to $26.14M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 4.2%, from $27.28M to $26.14M. Over 3 years (FY 2023 to FY 2026), Services — Net sales: shows an upward trend with a 156.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase indicates successful scaling of service-based revenue models and higher customer retention, while a decrease may signal market saturation or churn in service subscriptions.
Detailed definition
This metric represents the total revenue generated from the company's dedicated services segment, encompassing connected...
Peer comparison
Comparable to 'Service Revenue' or 'Subscription Revenue' reported by other semiconductor and IoT infrastructure providers.
smtc_segment_services_net_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 | $1.61M | $1.61M | $1.61M | $1.61M | $29.16M | $28.18M | $28.54M | $28.87M | $28.62M | $29.39M | $29.10M | $27.81M | $27.28M | $27.90M | $27.43M | $25.28M | $26.14M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | >999% | -3.4% | +1.3% | +1.2% | -0.9% | +2.7% | -1.0% | -4.4% | -1.9% | +2.3% | -1.7% | -7.8% | +3.4% |
| YoY Change | — | — | — | — | >999% | >999% | >999% | >999% | -1.9% | +4.3% | +2.0% | -3.7% | -4.7% | -5.1% | -5.7% | -9.1% | -4.2% |
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Frequently Asked Questions
- What is Semtech's services — net sales:?
- Semtech (SMTC) reported services — net sales: of $26.14M in Q1 2026.
- How has Semtech's services — net sales: changed year-over-year?
- Semtech's services — net sales: decreased by 4.2% year-over-year, from $27.28M to $26.14M.
- What is the long-term trend for Semtech's services — net sales:?
- Over 3 years (2023 to 2026), Semtech's services — net sales: has grown at a 156.1% compound annual growth rate (CAGR), from $6.43M to $107.89M.
- What does services — net sales: mean?
- The total revenue earned specifically from the company's service-based business offerings.