Operating Expenses

Operating Lease ROU Asset Amortization

Semtech Operating Lease ROU Asset Amortization increased by 10.2% to $1.57M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 16.9%, from $1.35M to $1.57M. Over 4 years (FY 2022 to FY 2026), Operating Lease ROU Asset Amortization shows an upward trend with a 5.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2019
Last reportedQ1 2027May 27, 2026

How to read this metric

An increase suggests a growing footprint of leased assets, which may indicate expansion or a shift toward leasing rather than owning infrastructure.

Detailed definition

Reflects the periodic expense recognized for the systematic reduction of the carrying value of right-of-use assets assoc...

Peer comparison

Common for companies with significant real estate or equipment lease portfolios under ASC 842 or IFRS 16.

Metric ID: ibm_operating_lease_rou_asset_amortization

Historical Data

21 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Value$1.06M$1.13M$1.11M$1.12M$1.14M$1.16M$1.17M$1.27M$1.64M$1.65M$1.67M$1.53M$1.43M$1.76M$1.35M$1.33M$1.35M$1.36M$1.39M$1.43M$1.57M
QoQ Change+6.8%-1.8%+1.3%+1.7%+1.9%+0.9%+8.0%+29.0%+0.7%+1.5%-8.5%-6.5%+22.9%-23.0%-1.7%+1.2%+0.7%+2.7%+2.6%+10.2%
YoY Change+8.1%+3.1%+6.0%+13.0%+43.4%+41.7%+42.5%+20.8%-12.5%+6.7%-19.1%-13.1%-5.9%-22.9%+2.9%+7.4%+16.9%
Range$1.06M$1.76M
CAGR+8.3%
Avg YoY Growth+8.2%
Median YoY Growth+6.7%
Current Streak5 quarters growth

Frequently Asked Questions

What is Semtech's operating lease rou asset amortization?
Semtech (SMTC) reported operating lease rou asset amortization of $1.57M in Q1 2026.
How has Semtech's operating lease rou asset amortization changed year-over-year?
Semtech's operating lease rou asset amortization increased by 16.9% year-over-year, from $1.35M to $1.57M.
What is the long-term trend for Semtech's operating lease rou asset amortization?
Over 4 years (2022 to 2026), Semtech's operating lease rou asset amortization has grown at a 5.8% compound annual growth rate (CAGR), from $4.41M to $5.52M.
What does operating lease rou asset amortization mean?
The portion of operating lease asset value expensed during the current period.