Income Before Tax

Pre-Tax Income

Semtech Pre-Tax Income increased by 182.5% to $25.05M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 7.0%, from $26.95M to $25.05M. Over 3 years (FY 2022 to FY 2026), Pre-Tax Income shows a downward trend with a -46.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementIncome Statement
SectionIncome Before Tax
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ1 2027May 27, 2026

How to read this metric

Higher values indicate stronger overall profitability and operational efficiency before tax impacts.

Detailed definition

Measures the profitability of the company after all operating and non-operating expenses have been deducted, but before...

Peer comparison

A standard GAAP metric used universally to compare pre-tax performance across different industries.

Metric ID: income_before_tax

Historical Data

20 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Value$26.62M$35.22M$36.08M$41.15M$46.09M$63.33M$29.11M-$31.83M-$325.40M-$38.55M-$645.78M-$20.25M-$166.08M-$3.57M$0.00$26.95M-$22.21M$4.45M-$30.37M$25.05M
QoQ Change+32.3%+2.4%+14.1%+12.0%+37.4%-54.0%-209.3%-922.4%+88.2%<-999%+96.9%-720.0%+97.9%+100.0%-182.4%+120.0%-783.2%+182.5%
YoY Change+73.2%+79.8%-19.3%-169.0%-613.8%-232.5%+36.4%+49.0%+90.7%+100.0%+233.1%+86.6%+224.6%-7.0%
Range-$645.78M$63.33M
CAGR-1.3%
Avg YoY Growth-4.9%
Median YoY Growth+61.1%

Frequently Asked Questions

What is Semtech's pre-tax income?
Semtech (SMTC) reported pre-tax income of $25.05M in Q1 2026.
How has Semtech's pre-tax income changed year-over-year?
Semtech's pre-tax income decreased by 7.0% year-over-year, from $26.95M to $25.05M.
What is the long-term trend for Semtech's pre-tax income?
Over 3 years (2022 to 2026), Semtech's pre-tax income has grown at a -46.6% compound annual growth rate (CAGR), from $139.07M to -$21.18M.
What does pre-tax income mean?
Total profit earned before accounting for income tax obligations.