Current Assets
Inventories
Semtech Inventories increased by 4.6% to $204.72M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 20.2%, from $170.24M to $204.72M. Over 5 years (FY 2021 to FY 2026), Inventories shows an upward trend with a 17.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ1 2027May 27, 2026
How to read this metric
Rising inventory relative to sales may indicate slowing demand or overproduction, while declining inventory may signal strong sales or supply constraints.
Detailed definition
The aggregate value of all raw materials, work-in-progress, and finished goods held by the company. This metric is a cri...
Peer comparison
Benchmark against inventory turnover ratios of peer healthcare and consumer goods companies.
Metric ID:
inventoriesHistorical Data
21 periods
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $93.92M | $103.03M | $105.16M | $114.00M | $106.90M | $107.63M | $111.08M | $207.70M | $213.23M | $180.23M | $160.59M | $144.99M | $148.54M | $156.01M | $163.45M | $163.59M | $170.24M | $183.30M | $185.73M | $195.74M | $204.72M |
| QoQ Change | — | +9.7% | +2.1% | +8.4% | -6.2% | +0.7% | +3.2% | +87.0% | +2.7% | -15.5% | -10.9% | -9.7% | +2.4% | +5.0% | +4.8% | +0.1% | +4.1% | +7.7% | +1.3% | +5.4% | +4.6% |
| YoY Change | — | — | — | — | +13.8% | +4.5% | +5.6% | +82.2% | +99.5% | +67.5% | +44.6% | -30.2% | -30.3% | -13.4% | +1.8% | +12.8% | +14.6% | +17.5% | +13.6% | +19.6% | +20.2% |
Range$93.92M – $213.23M
CAGR+16.9%
Avg YoY Growth+20.2%
Median YoY Growth+13.8%
Current Streak9 quarters growth
Inventories at Other Companies
Frequently Asked Questions
- What is Semtech's inventories?
- Semtech (SMTC) reported inventories of $204.72M in Q1 2026.
- How has Semtech's inventories changed year-over-year?
- Semtech's inventories increased by 20.2% year-over-year, from $170.24M to $204.72M.
- What is the long-term trend for Semtech's inventories?
- Over 5 years (2021 to 2026), Semtech's inventories has grown at a 17.5% compound annual growth rate (CAGR), from $87.49M to $195.74M.
- What does inventories mean?
- The total value of all goods held for production or sale.