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

	TTM Q1 '27	TTM Q4 '26	TTM Q3 '26	TTM Q2 '26	TTM Q1 '26
Profitability
Gross margin	207.1%+0.4pp	206.7%+1.4pp	205.3%+13.8pp	191.5%+15.3pp	176.2%+16.2pp
EBITDA margin	42.4%-1.2pp	43.6%+3.3pp	40.3%+75.5pp	-35.2%+79.6pp	-114.8%+116pp
Free cash flow margin	59%+7.7pp	51.2%+10.8pp	40.4%+11.7pp	28.7%+15.5pp	13.2%+12.1pp
Returns
Return on invested capital	34.2%+0.9pp	33.4%+5.7pp	27.7%+54.1pp	-26.4%+54.1pp	-80.5%+71.8pp
Efficiency
Asset turnover	3×+0.1×	2.9×+0.1×	2.8×+0.2×	2.5×+0.3×	2.3×+0.2×
Inventory turnover	11.3×-0.1×	11.4×-0.1×	11.5×-0.4×	11.9×-0.3×	12.2×-0.1×
Liquidity
Current ratio	9.7×-0.2×	9.9×+0.3×	9.6×+0.1×	9.5×+0.1×	9.4×+0.1×
Quick ratio	6.8×-0.2×	7×+0.2×	6.8×0.0×	6.8×+0.1×	6.7×+0.1×
Cash ratio	2.6×-0.1×	2.7×+0.2×	2.5×+0.1×	2.5×+0.2×	2.3×+0.1×
Leverage
Debt-to-equity	3.7×-0.1×	3.8×-0.1×	4×—	——	——
Debt-to-assets	1.5×0.0×	1.5×0.0×	1.6×-0.5×	2.1×-0.5×	2.6×-0.6×
Net debt / EBITDA	13.1×-0.6×	13.7×-2.6×	16.3×—	——	——
Interest coverage	5.5×+1.2×	4.3×+2.1×	2.2×+11,826×	-11,823.7×+14.7×	-11,838.4×+10.8×
Per Share
Book value per share	$24.90-2.0%	$25.40-5.1%	$26.75+45.0%	$18.45+86.3%	$9.90+862%
Valuation
Market capitalization	$27.48B+35.8%	$20.24B+8.6%	$18.63B+19.2%	$15.62B+18.0%	$13.24B+0.9%
Enterprise value	$28.88B+33.1%	$21.7B+7.5%	$20.19B+12.7%	$17.92B+10.2%	$16.26B-4.4%
Price / sales	26.2×+6.3×	19.9×+0.7×	19.2×+2.3×	16.8×+1.9×	14.9×-0.2×
Price / book	48.9×+12.6×	36.3×+2.8×	33.5×—	——	——
EV / EBITDA	258.1×+59.3×	198.7×-15.4×	214.2×—	——	——
EV / sales	27.5×+6.2×	21.3×+0.5×	20.8×+1.4×	19.4×+1.0×	18.4×-1.3×
Free cash flow yield	9.4%-1.3pp	10.7%+1.5pp	9.2%+1.8pp	7.5%+4.0pp	3.5%+4.4pp

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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.