What is Semtech's total cost of revenue?

Semtech (SMTC) reported total cost of revenue of $139.55M in Q1 2026.

How has Semtech's total cost of revenue changed year-over-year?

Semtech's total cost of revenue increased by 16.5% year-over-year, from $119.77M to $139.55M.

What is the long-term trend for Semtech's total cost of revenue?

Over 4 years (2022 to 2026), Semtech's total cost of revenue has grown at a 16.1% compound annual growth rate (CAGR), from $279.72M to $507.83M.

What does total cost of revenue mean?

The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

Semtech SMTC Total Cost of Revenue

Total Cost of Revenue at other companies

Analog DevicesADI

$1.18B+15.1%

Texas InstrumentsTXN

$2.03B+15.4%

AirgainAIRG

$6.54M-4.6%

Monolithic Power SystemsMPWR

$359.12M+26.3%

Alpha and Omega SemiconductorAOSL

$129.26M-0.2%

MACOM Technology SolutionsMTSI

$124.52M+17.8%

Segments

By segment

See full

IoT Systems And Connectivity$228.18M+15.8%

Analog Mixed Signal and Wireless$153.46M+6.9%

Signal Integrity$112.26M+13.3%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$36.2M+30.0%

CapEx$8.2M+395%

Free cash flow$28.0M+7.0%

Valuation

See full

Market cap$13.17B+213%

Enterprise value$13.52B+193%

P/S12.1×+7.7×

Profitability

See full

Gross margin51.6%+0.4pp

Operating margin7%+3.7pp

Net margin-3%—

FCF margin15.9%+7.7pp

Returns & leverage

See full

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:CostOfGoodsAndServicesSold.

The official record: Semtech’s 10-Q, filed May 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Semtech's total cost of revenue?: Semtech (SMTC) reported total cost of revenue of $139.55M in Q1 2026.
How has Semtech's total cost of revenue changed year-over-year?: Semtech's total cost of revenue increased by 16.5% year-over-year, from $119.77M to $139.55M.
What is the long-term trend for Semtech's total cost of revenue?: Over 4 years (2022 to 2026), Semtech's total cost of revenue has grown at a 16.1% compound annual growth rate (CAGR), from $279.72M to $507.83M.
What does total cost of revenue mean?: The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.