Current Assets

Prepaid & Other Current

Semtech Prepaid & Other Current decreased by 5.3% to $83.52M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 13.5%, from $96.52M to $83.52M. Over 5 years (FY 2021 to FY 2026), Prepaid & Other Current shows an upward trend with a 27.9% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalContext dependent
VolatilityStable
First reportedQ1 2014
Last reportedQ1 2027May 27, 2026

How to read this metric

Significant fluctuations may indicate changes in corporate procurement cycles or shifts in accounting for short-term financial instruments.

Detailed definition

Payments made in advance for services or goods to be received within the next year, alongside other miscellaneous short-...

Peer comparison

Generally a small percentage of current assets; large spikes may warrant investigation into non-recurring items.

Metric ID: prepaid_and_other_current_assets

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$26.31M$31.92M$28.55M$31.20M$35.47M$33.91M$23.05M$111.63M$130.03M$135.03M$121.19M$114.33M$99.63M$101.45M$107.57M$94.07M$96.52M$97.13M$93.87M$88.23M$83.52M
QoQ Change+21.3%-10.6%+9.3%+13.7%-4.4%-32.0%+384.3%+16.5%+3.8%-10.2%-5.7%-12.9%+1.8%+6.0%-12.6%+2.6%+0.6%-3.4%-6.0%-5.3%
YoY Change+34.8%+6.2%-19.3%+257.8%+266.6%+298.3%+425.8%+2.4%-23.4%-24.9%-11.2%-17.7%-3.1%-4.3%-12.7%-6.2%-13.5%
Range$23.05M$135.03M
CAGR+26.0%
Avg YoY Growth+68.0%
Median YoY Growth-4.3%
Current Streak3 quarters decline

Frequently Asked Questions

What is Semtech's prepaid & other current?
Semtech (SMTC) reported prepaid & other current of $83.52M in Q1 2026.
How has Semtech's prepaid & other current changed year-over-year?
Semtech's prepaid & other current decreased by 13.5% year-over-year, from $96.52M to $83.52M.
What is the long-term trend for Semtech's prepaid & other current?
Over 5 years (2021 to 2026), Semtech's prepaid & other current has grown at a 27.9% compound annual growth rate (CAGR), from $25.83M to $88.23M.
What does prepaid & other current mean?
Assets representing payments made for future services or miscellaneous short-term holdings.