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Semtech SMTC Interest Expense

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Other financials

Income statement

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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

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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

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

Valuation

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

Profitability

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Gross margin51.6%+0.4pp
Operating margin7%+3.7pp
Net margin-3%
FCF margin15.9%+7.7pp

Returns & leverage

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

Where this comes from

Reported directly by Semtech in its filing.

Tagged under the XBRL concept us-gaap:InterestIncomeExpenseNonoperatingNet.

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

Filed
May 27, 2026, 4:04 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0000088941-26-000013
Line itemThree Months Ended / April 26, 2026Three Months Ended / April 27, 2025
Restructuring1,1771,199
Total operating expenses, net125,67395,322
Operating income25,79135,967
Interest expense(1,856)(6,582)
Interest income888369
Non-operating income (expense), net231(2,802)
Income before taxes and equity method income25,05426,952
Provision for income taxes1128,653

ITEM 1.Financial Statements

FAQ

What is Semtech's interest expense?
Semtech (SMTC) reported interest expense of -$1.86M in Q1 2026.
How has Semtech's interest expense changed year-over-year?
Semtech's interest expense increased by 71.8% year-over-year, from -$6.58M to -$1.86M.
What is the long-term trend for Semtech's interest expense?
Over 4 years (2022 to 2026), Semtech's interest expense has grown at a 68.1% compound annual growth rate (CAGR), from $5.09M to $40.62M.
What does interest expense mean?
Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

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