Business Segments · Net sales:

IoT Systems and Connectivity — Net sales:

Semtech IoT Systems and Connectivity — Net sales: decreased by 1.8% to $88.26M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.5%, from $86.92M to $88.26M. Over 3 years (FY 2023 to FY 2026), IoT Systems and Connectivity — Net sales: shows an upward trend with a 186.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ1 2027May 27, 2026
Rolls up toTotal Revenue

How to read this metric

An increase indicates growing market adoption and successful commercialization of IoT solutions, while a decrease may signal market saturation or competitive pressure.

Detailed definition

Represents the total revenue generated from the sale of IoT-related hardware, connectivity modules, and integrated syste...

Peer comparison

Comparable to IoT or connectivity hardware revenue segments in other semiconductor or industrial technology firms.

Metric ID: smtc_segment_iot_systems_and_connectivity_net_sales

Historical Data

17 periods
 Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Value$3.75M$3.75M$3.75M$3.75M$136.03M$122.26M$83.48M$89.69M$72.46M$76.61M$82.49M$93.08M$86.92M$88.79M$88.32M$89.90M$88.26M
QoQ Change+0.0%+0.0%+0.0%>999%-10.1%-31.7%+7.4%-19.2%+5.7%+7.7%+12.8%-6.6%+2.2%-0.5%+1.8%-1.8%
YoY Change>999%>999%>999%>999%-46.7%-37.3%-1.2%+3.8%+19.9%+15.9%+7.1%-3.4%+1.5%
Range$3.75M$136.03M
CAGR+120.2%
Avg YoY Growth+850.9%
Median YoY Growth+7.1%

Frequently Asked Questions

What is Semtech's iot systems and connectivity — net sales:?
Semtech (SMTC) reported iot systems and connectivity — net sales: of $88.26M in Q1 2026.
How has Semtech's iot systems and connectivity — net sales: changed year-over-year?
Semtech's iot systems and connectivity — net sales: increased by 1.5% year-over-year, from $86.92M to $88.26M.
What is the long-term trend for Semtech's iot systems and connectivity — net sales:?
Over 3 years (2023 to 2026), Semtech's iot systems and connectivity — net sales: has grown at a 186.8% compound annual growth rate (CAGR), from $15.00M to $353.92M.
What does iot systems and connectivity — net sales: mean?
Total revenue earned from the company's IoT systems and connectivity product line.