Skip to content
Screener

Semtech SMTC Gross margin

Gross margin at other companies

Analog Devices logo
Analog DevicesADI
64.5%+5.7pp
Texas Instruments logo
Texas InstrumentsTXN
58.3%+0.3pp
Airgain logo
AirgainAIRG
43.6%+1.8pp
Monolithic Power Systems logo
Monolithic Power SystemsMPWR
55.2%-0.1pp
Alpha and Omega Semiconductor logo
Alpha and Omega SemiconductorAOSL
22.4%-1.3pp
MACOM Technology Solutions logo
MACOM Technology SolutionsMTSI
55.7%+1.4pp

Other financials

Income statement

See full
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

See full
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

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

Valuation

See full
Market cap$10.98B+145%
Enterprise value$11.33B+133%
P/S10.1×+5.6×

Profitability

See full
Operating margin7%+3.7pp
Net margin-3%
FCF margin15.9%+7.7pp

Returns & leverage

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

Where this comes from

Calculated from Semtech’s reported figures.

Based on trailing twelve months.

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

Filed
May 27, 2026, 4:04 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0000088941-26-000013

FAQ

What is Semtech's gross margin?
Semtech (SMTC) reported gross margin of 51.6% in Q1 2026.
How has Semtech's gross margin changed year-over-year?
Semtech's gross margin increased by 0.8% year-over-year, from 51.2% to 51.6%.
What is the long-term trend for Semtech's gross margin?
Over 5 years (2021 to 2026), Semtech's gross margin has grown at a -2.9% compound annual growth rate (CAGR), from 59.8% to 51.6%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

Ask your AI about Semtech's gross margin.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude