What are Semtech's profit margins?

Semtech (SMTC) runs a 51.6% gross margin and a 7.0% operating margin, with a -3.0% net margin.

Where do Semtech's ratios come from?

Every ratio is computed from Semtech's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Semtech SMTC Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '27	Q4 '26	Q3 '26	Q2 '26	Q1 '26
Profitability
Gross margin	51.6%0.0pp	51.6%-0.4pp	52.1%+0.2pp	51.9%+0.7pp	51.2%+1.0pp
Net margin	-3%+0.8pp	-3.8%—	——	——	——
EBITDA margin	11%-1.5pp	12.4%+2.4pp	10%+1.0pp	9%-3.1pp	12.1%+3.0pp
Free cash flow margin	15.9%-0.4pp	16.3%+2.4pp	13.9%+1.1pp	12.8%+4.7pp	8.1%+2.6pp
Returns
Return on equity	-5.8%+1.6pp	-7.4%—	——	——	——
Return on assets	-2.3%+0.5pp	-2.9%—	——	——	——
Return on invested capital	9.4%-1.5pp	10.9%+3.1pp	7.8%+1.6pp	6.2%-2.3pp	8.5%+3.4pp
Efficiency
Asset turnover	0.8×0.0×	0.7×0.0×	0.7×0.0×	0.7×0.0×	0.7×0.0×
Inventory turnover	2.8×0.0×	2.8×0.0×	2.8×0.0×	2.8×-0.1×	2.9×0.0×
Liquidity
Current ratio	2.4×0.0×	2.4×-0.1×	2.4×-0.1×	2.5×0.0×	2.5×+0.5×
Quick ratio	1.6×0.0×	1.7×0.0×	1.7×-0.1×	1.8×0.0×	1.8×+0.3×
Cash ratio	0.6×-0.1×	0.7×+0.1×	0.6×0.0×	0.7×0.0×	0.7×+0.1×
Leverage
Debt-to-equity	0.9×0.0×	0.9×0.0×	0.9×-0.1×	1×0.0×	1×-0.1×
Debt-to-assets	0.4×0.0×	0.4×0.0×	0.4×0.0×	0.4×0.0×	0.4×0.0×
Net debt / EBITDA	3×+0.5×	2.5×-0.9×	3.4×-0.8×	4.2×+0.7×	3.6×-1.5×
Interest coverage	2×-0.5×	2.5×+1.9×	0.6×+0.1×	0.5×-0.3×	0.8×+0.4×
Per Share
Book value per share	$5.85-6.0%	$6.22-3.6%	$6.45+1.2%	$6.38+0.4%	$6.35-16.2%
Valuation
Market capitalization	$9.78B+32.5%	$7.38B+25.3%	$5.89B+33.0%	$4.43B+74.2%	$2.54B-56.0%
Enterprise value	$10.14B+31.6%	$7.7B+23.5%	$6.24B+29.9%	$4.8B+62.6%	$2.95B-52.3%
Price / sales	9×+1.9×	7×+1.3×	5.7×+1.3×	4.4×+1.8×	2.7×-3.7×
Price / book	17.1×+3.6×	13.4×+3.0×	10.4×+2.4×	8×+3.5×	4.5×-6.2×
EV / EBITDA	84.8×+25.9×	58.9×-1.7×	60.7×+7.0×	53.6×+28.1×	25.5×-48.9×
EV / sales	9.3×+2.0×	7.3×+1.3×	6.1×+1.3×	4.8×+1.7×	3.1×-3.7×
Free cash flow yield	1.8%-0.6pp	2.3%-0.1pp	2.4%-0.5pp	2.9%-0.2pp	3.1%+2.2pp
Earnings yield	-0.3%+0.2pp	-0.5%—	——	——	——

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Questions, answered.

What are Semtech's profit margins?: Semtech (SMTC) runs a 51.6% gross margin and a 7.0% operating margin, with a -3.0% net margin.
Where do Semtech's ratios come from?: Every ratio is computed from Semtech's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.