SEMTECH CORP (SMTC)

131.17 -7.91% (-11.26)

Over 5Y: +94.9%

2026-08-28
50 100 150
2021 2022 2023 2024 2025 2026

Financials Quarterly

Q3 '22 — Revenue: 185M Q3 '22 — Operating Cash Flow: 53M Q3 '22 — Free Cash Flow: 46M Q3 '22 — Net Income: 32.9M Q3 '22 — Revenue: 194.9M Q3 '22 — Operating Cash Flow: 66.5M Q3 '22 — Free Cash Flow: 61.2M Q3 '22 — Net Income: 34.4M Q4 '22 — Revenue: 190.6M Q4 '22 — Operating Cash Flow: 51M Q4 '22 — Free Cash Flow: 42.9M Q4 '22 — Net Income: 34.8M Q2 '23 — Revenue: 202.1M Q2 '23 — Operating Cash Flow: 50.1M Q2 '23 — Free Cash Flow: 41.7M Q2 '23 — Net Income: 38M Q2 '23 — Revenue: 209.3M Q2 '23 — Operating Cash Flow: 77.3M Q2 '23 — Free Cash Flow: 70M Q2 '23 — Net Income: 51.6M Q3 '23 — Revenue: 177.6M Q3 '23 — Operating Cash Flow: 18.2M Q3 '23 — Free Cash Flow: 11.1M Q3 '23 — Net Income: 22.7M Q4 '23 — Revenue: 167.5M Q1 '24 — Revenue: 236.5M Q1 '24 — Operating Cash Flow: -90M Q1 '24 — Free Cash Flow: -104M Q1 '24 — Net Income: -29.4M Q2 '24 — Revenue: 238.4M Q2 '24 — Operating Cash Flow: -12M Q2 '24 — Free Cash Flow: -18.9M Q2 '24 — Net Income: -382M Q3 '24 — Revenue: 200.9M Q3 '24 — Operating Cash Flow: -5.8M Q3 '24 — Free Cash Flow: -12.4M Q3 '24 — Net Income: -38.2M Q4 '24 — Revenue: 192.9M Q4 '24 — Operating Cash Flow: 13.9M Q4 '24 — Free Cash Flow: 12.2M Q4 '24 — Net Income: -642.4M Q1 '25 — Revenue: 206.1M Q1 '25 — Operating Cash Flow: -89K Q1 '25 — Free Cash Flow: -1.4M Q1 '25 — Net Income: -23.2M Q2 '25 — Revenue: 215.4M Q2 '25 — Operating Cash Flow: -5M Q2 '25 — Free Cash Flow: -8.4M Q2 '25 — Net Income: -170.3M Q3 '25 — Revenue: 236.8M Q3 '25 — Operating Cash Flow: 29.6M Q3 '25 — Free Cash Flow: 29.1M Q3 '25 — Net Income: -7.6M Q4 '25 — Revenue: 251M Q4 '25 — Operating Cash Flow: 33.5M Q4 '25 — Free Cash Flow: 30.9M Q4 '25 — Net Income: 39.1M Q1 '26 — Revenue: 251.1M Q1 '26 — Operating Cash Flow: 27.8M Q1 '26 — Free Cash Flow: 26.2M Q1 '26 — Net Income: 19.3M Q2 '26 — Revenue: 257.6M Q2 '26 — Operating Cash Flow: 44.4M Q2 '26 — Free Cash Flow: 41.5M Q2 '26 — Net Income: -27.1M Q3 '26 — Revenue: 267M Q3 '26 — Operating Cash Flow: 47.5M Q3 '26 — Free Cash Flow: 44.6M Q3 '26 — Net Income: -2.9M Q4 '26 — Revenue: 274.4M Q4 '26 — Operating Cash Flow: 61.5M Q4 '26 — Free Cash Flow: 59.1M Q4 '26 — Net Income: -29.8M Q1 '27 — Revenue: 291M Q1 '27 — Operating Cash Flow: 36.2M Q1 '27 — Free Cash Flow: 28M Q1 '27 — Net Income: 26.6M -600M -400M -200M 0 200M 400M
Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26 Q1 '27
Revenue Operating Cash Flow Free Cash Flow Net Income

Figures as at 2026-04-26, reported in USD. The newest fact in the filings is dated 2026-04-26, 126 days ago. Nothing on this page is advice.

How it scores

Five questions, each answered by the measures under it. Every figure is the company's own; the bar beside it is where that figure sits among the companies read here — the top fifth, the bottom fifth, or somewhere between. Not among all listed companies, and for a valuation multiple the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

3.0
OE margin 8.8%
ROIC 2.0%
Accruals -15.5%
OCF / EBIT 8.5×
FCF margin 15.9%
Gross margin 51.6%
OCF margin 17.4%
ROA -2.3%
ROCE 1.9%
ROE -5.8%

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

0.5
Div. yield —
EV/EBIT —
EV/GP —
EV/OE —
EV/Sales —
FCF yield —
Fwd P/E —
P/B —
P/C —
P/E —
PEG —

0 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

2.8
RPO / sales 0.013×
Segment HHI 0.28 HHI
RPO growth —

4 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

3.8
ND/EBITDA —
Debt payback 1.9 yr
F-score 7.0 pts
Quick ratio 1.6×
Cash / Debt 0.33×
Net debt / Eq 0.57×
Debt / Eq 0.86×
Cash runway —
Payout —

3 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

1.4
Sales/sh Y/Y -7.5%
Sales Q/Q +15.9%
EBIT CAGR -35.5%
EBIT Y/Y -72.9%
Shares change +23.5%
Div. growth —
EPS CAGR 4Y —
EPS Y/Y —
EPS next Y —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.