Semtech revenue and financials

SMTC · NASDAQ · USD

$192.94Change from previous close: −1.00%Absolute change: −$1.94

Close · October 5, 2026

In the fiscal year ended January 2026, Semtech reported revenue of $1.05B (+15.47% year over year). The net loss was $40.38M.

Annual revenue · 2026: $1.05B
  1. $544.27M2017
  2. $587.85M2018
  3. $627.2M2019
  4. $547.51M2020
  5. $595.12M2021
  6. $740.86M2022
  7. $756.53M2023
  8. $868.76M2024
  9. $909.29M2025
  10. $1.05B2026

Fiscal year ending in January. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+15.47%
FY to Jan 2026 vs FY to Jan 2025
Net margin
-3.8%
FY to Jan 2025: -17.8%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Income statement · Annual
ItemFY to Jan 2026FY to Jan 2025FY to Jan 2024FY to Jan 2023FY to Jan 2022FY to Jan 2021FY to Jan 2020FY to Jan 2019FY to Jan 2018FY to Jan 2017
Total revenue1,050909869757741595548627588544
Cost of revenue508453573278280239211250236219
Gross profit542457296479461356337377352325
Research and development196171186167148118107109105103
Operating income32.649.9-94492.814575.052.010566.684.1
Interest expense40.690.195.817.65.15.3————
Income tax19.8-22.050.517.315.53.412.80.422.918.4
Net income-40.4-162-1,09261.412659.931.969.634.654.7
Basic EPS-0.46-2.26-17.030.961.940.920.481.060.520.84
Diluted EPS-0.46-2.26-17.030.961.920.910.471.020.510.83
Average shares (diluted)88.471.664.164.065.666.167.468.567.666.1