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Semtech SMTC Amortization of acquired technology

Amortization of acquired technology at other companies

Semtech logo
SemtechSMTC
$1.75M-20.6%
Intuit logo
IntuitINTU
$43M+13.2%
Lumentum Holdings Inc. logo
Lumentum Holdings Inc.LITE
$19.3M+1.6%
OLP
OLPXOLPX
$2.42M+1.0%
Trimble Inc. logo
Trimble Inc.TRMB
$16.1M-1.8%
Progress Software logo
Progress SoftwarePRGS
$8.94M-15.2%

Other financials

Income statement

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Revenue$291.0M+15.9%
Gross profit$151.5M+15.4%
Operating income$25.8M-28.3%
Net income$26.6M+37.3%
EPS (diluted)$0.27+22.7%

Balance sheet

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Cash & equivalents$163.3M+4.4%
Total debt$517.6M-9.0%
Total equity$573.3M+0.8%
Total assets$1.4B+0.5%

Cash flow

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Operating cash flow$36.2M+30.0%
CapEx$8.2M+395%
Free cash flow$28.0M+7.0%

Valuation

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Market cap$11.29B+156%
Enterprise value$11.65B+143%
P/S10.4×+5.9×

Profitability

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Gross margin51.6%+0.4pp
Operating margin7%+3.7pp
Net margin-3%
FCF margin15.9%+7.7pp

Returns & leverage

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Return on equity-5.8%
Debt / equity0.9×-0.1×
Current ratio2.4×-0.2×

Where this comes from

Reported directly by Semtech in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSoldAmortization.

The source filing: Semtech’s 10-Q, filed May 27, 2026.

Filed
May 27, 2026, 4:04 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0000088941-26-000013
Line itemThree Months Ended / April 26, 2026Three Months Ended / April 27, 2025
Cost of sales:
Products123,908105,411
Services13,89612,155
Amortization of acquired technology1,7502,205
Total cost of sales139,554119,771
Gross profit151,464131,289
Operating expenses, net:
Product development and engineering57,56947,529

ITEM 1.Financial Statements

FAQ

What is Semtech's amortization of acquired technology?
Semtech (SMTC) reported amortization of acquired technology of $1.75M in Q1 2026.
How has Semtech's amortization of acquired technology changed year-over-year?
Semtech's amortization of acquired technology decreased by 20.6% year-over-year, from $2.21M to $1.75M.
What is the long-term trend for Semtech's amortization of acquired technology?
Over 4 years (2022 to 2026), Semtech's amortization of acquired technology has grown at a 16.8% compound annual growth rate (CAGR), from $4.94M to $9.19M.
What does amortization of acquired technology mean?
This represents the non-cash expense allocated to the cost of revenue for the systematic write-down of intangible assets acquired through business combinations. It reflects the consumption of the economic value of acquired technology over its estimated useful life.

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