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Semtech SMTC Net Income

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Other financials

Income statement

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Revenue$341.9M+32.7%
Gross profit$183.8M+37.0%
Operating income$55.8M+444%
EPS (diluted)$1.59+613%

Balance sheet

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Cash & equivalents$204.1M+21.1%
Total debt$525.0M-3.8%
Total equity$748.9M+35.4%
Total assets$1.6B+17.2%

Cash flow

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Operating cash flow$68.9M+55.2%
CapEx$7.5M+160%
Free cash flow$61.4M+47.9%

Valuation

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Market cap$13.12B+160%
Enterprise value$13.44B+148%
P/E85.2×
P/S11.2×+6.1×

Profitability

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Gross margin52.1%+0.2pp
Operating margin7%+3.7pp
Net margin13.1%
FCF margin16.4%+3.6pp

Returns & leverage

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Return on equity23.7%
Debt / equity0.7×-0.3×
Current ratio1.7×-0.8×

Where this comes from

Reported directly by Semtech in its filing.

Tagged under the XBRL concept us-gaap:ProfitLoss.

The source filing: Semtech’s 10-Q, filed August 26, 2026. Open the filing →

Filed
Aug 26, 2026, 4:11 PM EDT
Fiscal quarter
Q2 FY2027
Calendar quarter
Q3 2026
Accession
0000088941-26-000034

FAQ

What is Semtech's net income?
Semtech (SMTC) reported net income of $160.12M in Q2 2026.
How has Semtech's net income changed year-over-year?
Semtech's net income increased by 691.6% year-over-year, from -$27.06M to $160.12M.
What is the long-term trend for Semtech's net income?
Over 2 years (2022 to 2026), Semtech's net income has grown at a -43.3% compound annual growth rate (CAGR), from $125.66M to -$40.38M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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