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.
An increase indicates growing market adoption and successful commercialization of IoT solutions, while a decrease may signal market saturation or competitive pressure.
Represents the total revenue generated from the sale of IoT-related hardware, connectivity modules, and integrated syste...
Comparable to IoT or connectivity hardware revenue segments in other semiconductor or industrial technology firms.
smtc_segment_iot_systems_and_connectivity_net_sales| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '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% |