PP&E (Net)
Semtech PP&E (Net) decreased by 2.4% to $106.72M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 11.2%, from $120.23M to $106.72M. Over 5 years (FY 2021 to FY 2026), PP&E (Net) shows a downward trend with a -3.5% CAGR.
Analysis
How to read this metric
An increase indicates ongoing investment in physical capacity, whereas a decline may suggest aging assets or a strategy of asset-light operations.
Detailed definition
This metric represents the book value of tangible assets after subtracting accumulated depreciation from the total histo...
Peer comparison
Standard line item for all manufacturing and industrial companies; directly comparable across peers.
property_plant_equipment_netHistorical Data
| 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 | $131.26M | $132.14M | $130.73M | $134.94M | $133.59M | $134.02M | $135.57M | $169.29M | $165.34M | $161.33M | $158.83M | $153.62M | $146.94M | $139.53M | $133.16M | $126.19M | $120.23M | $115.64M | $110.98M | $109.35M | $106.72M |
| QoQ Change | — | +0.7% | -1.1% | +3.2% | -1.0% | +0.3% | +1.2% | +24.9% | -2.3% | -2.4% | -1.5% | -3.3% | -4.3% | -5.0% | -4.6% | -5.2% | -4.7% | -3.8% | -4.0% | -1.5% | -2.4% |
| YoY Change | — | — | — | — | +1.8% | +1.4% | +3.7% | +25.5% | +23.8% | +20.4% | +17.2% | -9.3% | -11.1% | -13.5% | -16.2% | -17.9% | -18.2% | -17.1% | -16.7% | -13.3% | -11.2% |
Geographic Breakdown — United States
| Segment | Q4 '25 |
|---|---|
| United States | $58.40M |
| Total | $126.19M |
United States was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Geographic Breakdown — Rest of North America
| Segment | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | Q4 '26 |
|---|---|---|---|---|---|
| Rest of North America | $37.16M | $58.31M | $52.28M | $41.45M | $32.54M |
| Europe | $14.64M | $18.93M | $18.88M | $14.60M | $13.92M |
| Asia and All Others | $18.22M | $18.36M | $14.68M | $11.75M | $10.67M |
| Total | $134.94M | $169.29M | $153.62M | $126.19M | $109.35M |
Asia and All Others, Europe, Rest of North America were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Geographic Breakdown — Foundry in China
| Segment | Q4 '25 |
|---|---|
| Foundry in China | $3.60M |
| Foundry In Malaysia | $1.80M |
| Total | $126.19M |
PP&E (Net) at Other Companies
Frequently Asked Questions
- What is Semtech's pp&e (net)?
- Semtech (SMTC) reported pp&e (net) of $106.72M in Q1 2026.
- How has Semtech's pp&e (net) changed year-over-year?
- Semtech's pp&e (net) decreased by 11.2% year-over-year, from $120.23M to $106.72M.
- What is the long-term trend for Semtech's pp&e (net)?
- Over 5 years (2021 to 2026), Semtech's pp&e (net) has grown at a -3.5% compound annual growth rate (CAGR), from $130.93M to $109.35M.
- What does pp&e (net) mean?
- The current book value of physical assets after accounting for wear and tear.