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Semtech SMTC Proceeds from unwind of convertible note hedge

Discontinued — last reported Q4 '26

Proceeds from unwind of convertible note hedge at other companies

Southwest Airlines logo
Southwest AirlinesLUV
$0
Wayfair logo
WayfairW
$12.25M+1,533%
Snap logo
SnapSNAP
$0
DexCom logo
DexComDXCM
$0
Datadog, Inc. logo
Datadog, Inc.DDOG
$0-100%
HubSpot logo
HubSpotHUBS
$12.65M

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$14.74B+285%
Enterprise value$15.09B+243%
P/S13.5×+9.5×

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 smtc:ProceedsFromUnwindOfBondHedge.

The official record: Semtech’s 10-K, filed March 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Semtech's proceeds from unwind of convertible note hedge?
Semtech (SMTC) reported proceeds from unwind of convertible note hedge of $60.56M in Q4 2025.
What does proceeds from unwind of convertible note hedge mean?
Cash received from closing out financial hedges related to convertible bonds.
How do you interpret proceeds from unwind of convertible note hedge?
Proceeds indicate the successful unwinding of hedging positions, often coinciding with debt conversion or refinancing events.
How does proceeds from unwind of convertible note hedge compare across companies?
Specific to companies utilizing convertible note hedges; comparable to other firms managing complex capital structures.