Operating
Semtech·Cash Flow Statement·35 metrics
Breakdown
| Metric | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 |
|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | -$5M | $29.6M | $33.5M | $27.8M | $44.4M | $47.5M | $61.5M | $36.2M |
| Net income | -$170.3M | -$7.6M | — | $19.3M | -$27.1M | -$2.9M | -$29.8M | $26.6M |
| Stock-based compensation | $17.1M | $18.4M | $17.3M | $6.8M | $17.3M | $17.1M | $16.5M | $26.4M |
| Change in receivables | — | — | $20.2M | $3.1M | -$12.3M | $11.3M | -$5.4M | $14.1M |
| Increase (Decrease) in Accounts and Other Receivables | — | — | $20.2M | $3.1M | -$12.3M | $11.3M | -$5.4M | $14.1M |
| Change in accrued liabilities | -$12.4M | — | — | -$15.4M | — | — | $10.4M | -$13.7M |
| Depreciation and amortization | $12.6M | $10.1M | — | $10.2M | $10.3M | $10.1M | — | $9.2M |
| Change in accounts payable | $12M | — | — | $9.8M | $1.4M | $4.4M | $6.9M | $8M |
| Change in inventories | $7.4M | $7.4M | $220K | $6.6M | $13M | $2.4M | $8.6M | $7.2M |
| Change in other assets | — | — | -$2.5M | -$2.3M | $5.1M | $2.8M | $6.5M | $3.2M |
| Increase (Decrease) in Prepaid Expense and Other Assets | — | — | -$2.5M | -$2.3M | $5.1M | $2.8M | $6.5M | $3.2M |
| Life Insurance, Corporate or Bank Owned, Change in Value | -$975K | -$1.1M | -$689K | -$655K | -$734K | -$820K | -$708K | -$2.4M |
| Deferred income taxes | $50K | $10K | $20.7M | -$2.4M | -$2.4M | -$2.9M | -$91K | -$1.8M |
| Increase (Decrease) in Deferred Income Taxes | $50K | $10K | $20.7M | -$2.4M | -$2.4M | -$2.9M | -$91K | -$1.8M |
| Share of Profits (Losses) of Related Party | $0 | -$12K | -$585K | $1M | -$62K | $16K | — | $1.6M |
| Equity in income of investees | $0 | -$12K | -$585K | $1M | -$62K | $16K | — | $1.6M |
| Income (Loss) from Equity Method Investments | $0 | -$12K | -$585K | $1M | -$62K | $16K | — | $1.6M |
| Income (Loss) from Equity Method Investments | $0 | -$12K | -$585K | $1M | -$62K | $16K | — | $1.6M |
| Income (Loss) from Equity Method Investments | $0 | -$12K | -$585K | $1M | -$62K | $16K | — | $1.6M |
| Equity in earnings (losses) of equity method investees | $0 | -$12K | -$585K | $1M | -$62K | $16K | — | $1.6M |
| Income (Loss) from Equity Method Investments | $0 | -$12K | -$585K | $1M | -$62K | $16K | — | $1.6M |
| Non-cash operating lease expense | $1.8M | $1.4M | $1.3M | $1.3M | $1.4M | $1.4M | $1.4M | $1.6M |
| Operating lease right-of-use asset amortization | $1.8M | $1.4M | $1.3M | $1.3M | $1.4M | $1.4M | $1.4M | $1.6M |
| Change in other liabilities | -$1.7M | -$1.6M | -$10.4M | -$266K | -$3.3M | $0 | -$1.7M | -$1.1M |
| Amortization of debt issuance costs | $2.4M | $2.1M | $1.5M | $1.3M | $1.3M | $1.2M | $1.1M | $1.1M |
| Non-cash interest expense | $2.4M | $2.1M | $1.5M | $1.3M | $1.3M | $1.2M | $1.1M | $1.1M |
| Gain (loss) on sale of assets | — | — | — | $0 | $0 | $0 | $0 | $100K |
| Gain (Loss) on Sale of Investments | — | — | — | $0 | $0 | $0 | $0 | $100K |
| Gain (Loss) on Disposition of Business and Property Plant and Equipment | -$27K | -$33K | -$138K | -$26K | -$16K | $0 | -$34K | -$8K |
| Amortization of intangible assets | $0 | $0 | $0 | $444.3K | $444.3K | $444.3K | $444.3K | — |
| Write-off of Deferred Debt Issuance Costs | $5.5M | $0 | — | $152K | $364K | $1.9M | — | $0 |
| Net Gain (Loss) on Derivatives | $0 | $0 | $3.6M | -$14K | $743K | $416K | $0 | $0 |
| Depreciation and amortization | $10.9M | $10.9M | $10.9M | $10.2M | $10.2M | $10.2M | $10.2M | — |
| Lease impairment charges | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — |
| Write-off of deferred financing cost and debt discount | $3.3M | $3.3M | $3.3M | $597K | $597K | $597K | $597K | — |