Semtech SMTC Services — Net sales:

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FAQ

What is Semtech's services — net sales:?

Semtech (SMTC) reported services — net sales: of $26.14M in Q1 2026.

How has Semtech's services — net sales: changed year-over-year?

Semtech's services — net sales: decreased by 4.2% year-over-year, from $27.28M to $26.14M.

What is the long-term trend for Semtech's services — net sales:?

Over 3 years (2023 to 2026), Semtech's services — net sales: has grown at a 156.1% compound annual growth rate (CAGR), from $6.43M to $107.89M.

What does services — net sales: mean?

This metric represents the total revenue generated from the company's dedicated services segment, encompassing connected services, support, and associated recurring revenue streams. It reflects the company's ability to monetize its IoT ecosystem beyond hardware sales through ongoing service contracts and connectivity solutions. This revenue stream is critical for assessing the company's transition toward a more software-and-service-oriented business model.