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R&D at other companies

Analog Devices logo
Analog DevicesADI
$509.32M+15.3%
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Texas InstrumentsTXN
$535M+1.5%
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AirgainAIRG
$2.88M+12.8%
Monolithic Power Systems logo
Monolithic Power SystemsMPWR
$118.62M+23.2%
Alpha and Omega Semiconductor logo
Alpha and Omega SemiconductorAOSL
$26.05M+11.3%
MACOM Technology Solutions logo
MACOM Technology SolutionsMTSI
$74.31M+17.2%

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$11.29B+156%
Enterprise value$11.65B+143%
P/S10.4×+5.9×

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:ResearchAndDevelopmentExpense.

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
Line itemThree Months Ended / April 26, 2026Three Months Ended / April 27, 2025
Total cost of sales139,554119,771
Gross profit151,464131,289
Operating expenses, net:
Product development and engineering57,56947,529
Selling, general and administrative66,59946,447
Intangible amortization328147
Restructuring1,1771,199
Total operating expenses, net125,67395,322

ITEM 1.Financial Statements

FAQ

What is Semtech's R&D?
Semtech (SMTC) reported R&D of $57.57M in Q1 2026.
How has Semtech's R&D changed year-over-year?
Semtech's R&D increased by 21.1% year-over-year, from $47.53M to $57.57M.
What is the long-term trend for Semtech's R&D?
Over 4 years (2022 to 2026), Semtech's R&D has grown at a 7.3% compound annual growth rate (CAGR), from $147.93M to $196.35M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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