Discontinued — last reported Q4 '25
IoT Systems And Connectivity — Gross Profit, Adjusted
Semtech IoT Systems And Connectivity — Gross Profit, Adjusted remained flat by 0.0% to $31.89M in Q4 2024 compared to the prior quarter. Year-over-year, this metric declined by 29.7%, from $45.38M to $31.89M. Over 2 years (FY 2023 to FY 2025), IoT Systems And Connectivity — Gross Profit, Adjusted shows an upward trend with a 371.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase in adjusted gross profit indicates improved pricing power, better cost control, or a more favorable product mix within the IoT segment, whereas a decrease suggests margin compression or rising production costs.
Detailed definition
This metric measures the profitability of the IoT Systems and Connectivity segment after deducting direct costs of sales...
Peer comparison
Comparable to segment-level gross profit or adjusted gross margin metrics reported by peers in the semiconductor and IoT connectivity industries.
smtc_segment_iot_systems_and_connectivity_gross_profit_adjustedHistorical Data
| FY'23 | FY'24 | FY'25 | |
|---|---|---|---|
| Value | $5.73M | $181.51M | $127.56M |
| YoY Change | — | >999% | -29.7% |
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Frequently Asked Questions
- What is Semtech's iot systems and connectivity — gross profit, adjusted?
- Semtech (SMTC) reported iot systems and connectivity — gross profit, adjusted of $31.89M in Q4 2024.
- How has Semtech's iot systems and connectivity — gross profit, adjusted changed year-over-year?
- Semtech's iot systems and connectivity — gross profit, adjusted decreased by 29.7% year-over-year, from $45.38M to $31.89M.
- What is the long-term trend for Semtech's iot systems and connectivity — gross profit, adjusted?
- Over 2 years (2023 to 2025), Semtech's iot systems and connectivity — gross profit, adjusted has grown at a 371.7% compound annual growth rate (CAGR), from $5.73M to $127.56M.
- What does iot systems and connectivity — gross profit, adjusted mean?
- The profit earned from the IoT Systems and Connectivity segment after accounting for direct production costs, excluding non-recurring items.