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Semtech SMTC Finite Lived Intangible Assets - Gross

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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:FiniteLivedIntangibleAssetsGross.

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
(in thousands, except estimated useful life)Estimated Useful LifeApril 26, 2026 / Gross Carrying AmountApril 26, 2026 / Accumulated AmortizationApril 26, 2026 / Accumulated ImpairmentApril 26, 2026 / Net Carrying Amount
Trade name2-10 years9,000(3,290)(4,816)894
Capitalized development costs3-7 years3,912(1,164)(1,777)971
Software licenses7-10 years4,840(447)4,393
Total finite-lived intangible assets$256,503$(76,583)$(133,162)$46,758
January 25, 2026
(in thousands, except estimated useful life)EstimatedUseful LifeGrossCarryingAmountAccumulatedAmortizationAccumulated ImpairmentNet CarryingAmount
Core technologies1-8 years$167,178$(54,383)$(91,792)$21,003
Customer relationships1-10 years53,248(15,265)(34,777)3,206

ITEM 1.Financial Statements

FAQ

What is Semtech's finite lived intangible assets - gross?
Semtech (SMTC) reported finite lived intangible assets - gross of $256.5M in Q1 2026.
How has Semtech's finite lived intangible assets - gross changed year-over-year?
Semtech's finite lived intangible assets - gross increased by 17.3% year-over-year, from $218.63M to $256.5M.
What is the long-term trend for Semtech's finite lived intangible assets - gross?
Over 5 years (2021 to 2026), Semtech's finite lived intangible assets - gross has grown at a 51.9% compound annual growth rate (CAGR), from $29.3M to $237.08M.
What does finite lived intangible assets - gross mean?
This metric tracks the total historical cost of intangible assets that have a defined useful life, such as patents, software licenses, or customer relationships. It excludes assets with indefinite lives like certain trademarks or goodwill. It is a key indicator of the company's investment in intellectual property and intangible competitive advantages.

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