What is Semtech's gross profit?

Semtech (SMTC) reported gross profit of $151.46M in Q1 2026.

How has Semtech's gross profit changed year-over-year?

Semtech's gross profit increased by 15.4% year-over-year, from $131.29M to $151.46M.

What is the long-term trend for Semtech's gross profit?

Over 4 years (2022 to 2026), Semtech's gross profit has grown at a 4.1% compound annual growth rate (CAGR), from $461.14M to $542.14M.

What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

Semtech SMTC Gross Profit

Gross Profit at other companies

Analog DevicesADI

$2.44B+51.4%

Texas InstrumentsTXN

$2.8B+21.0%

AirgainAIRG

$4.97M-3.6%

Monolithic Power SystemsMPWR

$445.07M+26.0%

Alpha and Omega SemiconductorAOSL

$34.53M-1.8%

MACOM Technology SolutionsMTSI

$164.43M+26.3%

Segments

By segment

See full

Signal Integrity$63.99M+32.9%

Analog Mixed Signal and Wireless$59.16M+4.8%

IoT Systems and Connectivity$31.57M+5.5%

Other financials

Income statement

See full

Revenue$291.0M+15.9%

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$13.17B+213%

Enterprise value$13.52B+193%

P/S12.1×+7.7×

Profitability

See full

Gross margin51.6%+0.4pp

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.

$291.0Mtotal revenue−$139.6Mtotal cost of revenue=$151.46M

The official record: Semtech’s 10-Q, filed May 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Semtech's gross profit?: Semtech (SMTC) reported gross profit of $151.46M in Q1 2026.
How has Semtech's gross profit changed year-over-year?: Semtech's gross profit increased by 15.4% year-over-year, from $131.29M to $151.46M.
What is the long-term trend for Semtech's gross profit?: Over 4 years (2022 to 2026), Semtech's gross profit has grown at a 4.1% compound annual growth rate (CAGR), from $461.14M to $542.14M.
What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.