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Semtech SMTC Operating Lease Liability - Undiscounted Excess Amount

Operating Lease Liability - Undiscounted Excess Amount at other companies

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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$12.23B+191%
Enterprise value$12.58B+174%
P/S11.2×+7.0×

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:LesseeOperatingLeaseLiabilityUndiscountedExcessAmount.

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
(in thousands) / Fiscal Year Ending:
20287,218
20296,074
20304,036
20313,465
Thereafter3,441
Total lease payments30,090
Less: imputed interest(4,455)
Total$$25,635

ITEM 1.Financial Statements

FAQ

What is Semtech's operating lease liability - undiscounted excess amount?
Semtech (SMTC) reported operating lease liability - undiscounted excess amount of $4.46M in Q1 2026.
How has Semtech's operating lease liability - undiscounted excess amount changed year-over-year?
Semtech's operating lease liability - undiscounted excess amount decreased by 7.5% year-over-year, from $4.82M to $4.46M.
What does operating lease liability - undiscounted excess amount mean?
This represents the difference between the total undiscounted future lease payments and the present value of those payments recorded on the balance sheet. It effectively quantifies the interest component embedded within operating lease obligations. It is a measure of the financing cost inherent in the lease portfolio.

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