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Lattice Semiconductor Income Statement

Revenue, expenses, and profitability over time

Lattice Semiconductor generated $574.0M in trailing twelve-month revenue, up 0.2% year-over-year. Net income was $77.9M with a 13.58% net margin. Gross margin stands at 68.44% and operating margin at 5.28%. Diluted EPS is $0.56, which grew 0.5% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$574.0MGross Profit (TTM)$392.8MOperating Income (TTM)$30.3MNet Income (TTM)$27.2MEps Diluted (TTM)$0.20
Latest FilingQ1 2026
Report Date2026-05-04
Market Cap$19.6B
P/E Ratio251.17
ROE10.76%

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share$0.12$0.04$0.02$0.02—$0.16
Diluted earnings per share$0.12$0.04$0.02$0.02—$0.16
Weighted-average shares, basic137.6M137.7M137.1M136.9M137.1M136.8M
Weighted-average shares, diluted138.3M138.3M137.6M138.1M138.2M139.4M

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gross profit$71.8M$81.7M$84.8M$90.5M$99.9M$117.6M
Operating income—$7M$4.7M-$1.5M$1.1M$26.1M

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes—$8M$5.1M-$954K$1.3M$27.3M

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income tax expense-$30.1M$3M$2.2M-$3.7M$8.9M$5.4M

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income$16.5M$5M$2.9M$2.8M—$21.8M

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net interest income$772K$1.1M$614K$602K$628K$1.3M
Total revenue$117.4M$120.2M$124M$133.3M$145.8M$170.9M

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Amortization Of Intangible Assets Acquired$870K$0$13K$20K$19K$20K
Restructuring Charges And Other Miscellaneous Costs$1.1M$241K$1.7M$1M$1.1M$603K
Other operating expenses$84M$74.8M$80M$92.1M$98.9M$91.6M
Research and development$38.6M$41.4M$43.5M$49.6M$53.4M$50.8M
Selling, general and administrative$29.5M$33.1M$34.8M$41.4M$44.3M$40.1M
Total operating expenses$84M$74.8M$80M$92.1M$98.9M$91.6M

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other income (expense), net-$2.1M-$45K-$238K-$22K-$446K-$71K

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Interest Income (Expense), Operating$772K$1.1M$614K$602K$628K$1.3M
Other income, net (Note 6)-$2.1M-$45K-$238K-$22K-$446K-$71K
Revenue From Contract With Customer Excluding Assessed Tax$117.4M$120.2M$124M$133.3M$145.8M$170.9M

Cost of Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total cost of revenue$45.7M$38.4M$39.2M$42.8M$45.9M$53.3M