Skip to content
Screener

Semtech SMTC Q1 2026 earnings

Reported May 27, 2025 · After market close

Revenue$251.1MBeat by $965.4K
EPS$0.38Beat by $0.01
Revenue estimate$250.1M
EPS estimate$0.37

Next report

Nov 23, 2026 (in 3 months)
Revenue estimate$410.6M
EPS estimate$1.06

Financials

Q1 2026

Income statement

See full
Revenue$251.1M+21.8%
Gross profit$131.3M+31.8%
Operating income$36.0M+1,044%
Net income$19.3M+184%
EPS (diluted)$0.22+161%

Balance sheet

See full
Cash & equivalents$156.5M+23.4%
Total debt$568.9M-59.4%
Total equity$568.8M+282%
Total assets$1.4B+4.0%

Cash flow

See full
Operating cash flow$27.8M+31,363%
CapEx$1.7M+23.7%
Free cash flow$26.2M+1,939%

Valuation & ratios

Valuation

as of 04/27/25
See full
Market cap$2.54B+5.0%
Enterprise value$2.95B-20.0%
P/S2.7×-0.2×

Profitability

See full
Gross margin51.2%+16.2pp
Operating margin8.7%+4.5pp
FCF margin8.1%+6.2pp

Returns & leverage

See full
Debt / equity1×—
Current ratio2.5×+0.1×

Segments

By segment

See full
Analog Mixed Signal and Wireless$90.6M+20.3%
IoT Systems and Connectivity$86.9M+19.9%
Signal Integrity$73.5M—

By geography

See full
Asia-Pacific$174.4M+21.4%
North America$58.0M+13.4%
Europe$30.1M-7.4%

FAQ

When did Semtech report Q1 2026 earnings?
Semtech (SMTC) reported Q1 2026 earnings on May 27, 2025 after market close.
What were Semtech's Q1 2026 revenue and EPS?
Semtech reported revenue of $251.1M and eps of $0.38 for Q1 2026.
Did Semtech beat estimates in Q1 2026?
Revenue beat the consensus estimate of $250.1M by $965.4K. EPS beat the consensus estimate of $0.37 by $0.01.
How did Semtech's Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 21.8% from $206.1M a year earlier and eps grew 533.3% from $0.06.
Where can I find Semtech's Q1 2026 SEC filings?
You can read the 8-K earnings release (0000088941-25-000098) and the 10-Q periodic report (0000088941-25-000101) directly on SEC EDGAR. The filing index links above go to sec.gov.