Non-Current Liabilities

Operating Lease Liabilities (Total)

Semtech Operating Lease Liabilities (Total) decreased by 4.2% to $25.64M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 2.5%, from $26.28M to $25.64M. Over 5 years (FY 2021 to FY 2026), Operating Lease Liabilities (Total) shows an upward trend with a 9.3% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityModerate
First reportedQ1 2020
Last reportedQ1 2027May 27, 2026

How to read this metric

An increase indicates expansion of the leased asset base, while a decrease suggests a reduction in lease commitments or the expiration of lease terms.

Detailed definition

This represents the total present value of future lease payments for operating leases, recognized as a liability on the...

Peer comparison

Standardized under modern accounting rules, allowing for direct comparison of lease-based financing across companies in the same sector.

Metric ID: operating_lease_liabilities_total

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$15.82M$22.15M$21.68M$20.55M$19.24M$20.04M$18.27M$32.69M$30.56M$32.05M$29.59M$28.59M$26.57M$27.29M$25.95M$24.51M$26.28M$27.01M$25.35M$26.76M$25.64M
QoQ Change+40.0%-2.1%-5.2%-6.4%+4.2%-8.8%+79.0%-6.5%+4.9%-7.7%-3.4%-7.1%+2.7%-4.9%-5.6%+7.2%+2.8%-6.2%+5.6%-4.2%
YoY Change+21.6%-9.5%-15.7%+59.1%+58.9%+59.9%+62.0%-12.5%-13.1%-14.9%-12.3%-14.3%-1.1%-1.0%-2.3%+9.2%-2.5%
Range$15.82M$32.69M
CAGR+10.1%
Avg YoY Growth+10.1%
Median YoY Growth-2.3%

Frequently Asked Questions

What is Semtech's operating lease liabilities (total)?
Semtech (SMTC) reported operating lease liabilities (total) of $25.64M in Q1 2026.
How has Semtech's operating lease liabilities (total) changed year-over-year?
Semtech's operating lease liabilities (total) decreased by 2.5% year-over-year, from $26.28M to $25.64M.
What is the long-term trend for Semtech's operating lease liabilities (total)?
Over 5 years (2021 to 2026), Semtech's operating lease liabilities (total) has grown at a 9.3% compound annual growth rate (CAGR), from $17.15M to $26.76M.
What does operating lease liabilities (total) mean?
The total value of future payments the company is obligated to make for leased assets.