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Semtech SMTC Free cash flow

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Other financials

Income statement

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Revenue$341.9M+32.7%
Gross profit$183.8M+37.0%
Operating income$55.8M+444%
Net income$160.1M+692%
EPS (diluted)$1.59+613%

Balance sheet

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Cash & equivalents$204.1M+21.1%
Total debt$525.0M-3.8%
Total equity$748.9M+35.4%
Total assets$1.6B+17.2%

Cash flow

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Operating cash flow$68.9M+55.2%
CapEx$7.5M+160%

Valuation

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Market cap$16.64B+168%
Enterprise value$16.97B+157%
P/E108.1×—
P/S14.2×+7.9×

Profitability

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Gross margin52.1%+0.2pp
Operating margin7%+3.7pp
Net margin13.1%—
FCF margin16.4%+3.6pp

Returns & leverage

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Return on equity23.7%—
Debt / equity0.7×-0.3×
Current ratio1.7×-0.8×

Where this comes from

Calculated from Semtech’s reported figures.

The source filing: Semtech’s 10-Q, filed August 26, 2026. Open the filing →

Filed
Aug 26, 2026, 4:11 PM EDT
Fiscal quarter
Q2 FY2027
Calendar quarter
Q3 2026
Accession
0000088941-26-000034

FAQ

What is Semtech's free cash flow?
Semtech (SMTC) reported free cash flow of $61.4M in Q2 2026.
How has Semtech's free cash flow changed year-over-year?
Semtech's free cash flow increased by 47.9% year-over-year, from $41.51M to $61.4M.
What is the long-term trend for Semtech's free cash flow?
Over 3 years (2022 to 2026), Semtech's free cash flow has grown at a -1.1% compound annual growth rate (CAGR), from $176.94M to $171.39M.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.

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