SMTC
$178.35-0.97%
as of close, Sep 30, 2026
☾ AH $178.35 -0.97%
Semtech CorporationStock · TechnologyNasdaq Composite 0.03%Russell 1000 0.02%Russell 3000 0.02%US Stock Market 0.02%
SMTC financial statements
The full income statement, balance sheet, and cash-flow statement for Semtech Corporation (SMTC), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-07 75.2M2024-10 75.7M2025-01 86.5M2025-04 86.6M2025-07 86.8M2025-10 92.5M2026-01 93.0M2026-04 93.2M2026-07 93.3M+24.1% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|---|
| Income Statement | as ofJan 25 ’26 | as ofJan 26 ’25 | as ofJan 28 ’24 | as ofJan 29 ’23 | as ofJan 30 ’22 | as ofJan 31 ’21 | |
| Revenue | 1.05B+15.5% | 909M+4.7% | 869M+14.8% | 757M+2.1% | 741M+24.5% | 595M+8.7% | |
| 542M+18.8% | 457M+54.1% | 296M-38.1% | 479M+3.8% | 461M+29.6% | 356M+5.7% | ||
| Cost of revenue | 508M+12.2% | 453M-20.9% | 573M+106.0% | 278M-0.6% | 280M+16.9% | 239M+13.5% | |
| 510M+25.3% | 407M-67.2% | 1.24B+221.6% | 386M+22.0% | 316M+12.5% | 281M-1.3% | ||
| Research & development | 196M+14.9% | 171M-8.3% | 186M+11.7% | 167M+12.9% | 148M+25.9% | 118M+9.5% | |
| Selling, general & administrative | 222M-0.2% | 222M+1.0% | 220M-2.0% | 225M+33.6% | 168M+3.3% | 163M-0.2% | |
| Restructuring | 4.19M-15.3% | 4.94M-79.9% | 24.6M+105.7% | 12.0M | 0.00+100.0% | -238K-111.0% | |
| Amortization of intangibles | 631K-28.6% | 884K-94.1% | 14.9M+1716.4% | 821K | 0.00-100.0% | 589K-96.4% | |
| Operating income | 32.6M-34.8% | 49.9M+105.3% | -944M-1117.6% | 92.8M-36.0% | 145M+93.5% | 75.0M+44.1% | |
| Interest expense | 40.6M-54.9% | 90.1M-6.0% | 95.8M+756.5% | 11.2M+119.7% | 5.09M-4.6% | 5.34M-38.1% | |
| Interest & investment income | 2.52M+9.6% | 2.30M-24.5% | 3.05M-47.4% | 5.80M+294.9% | 1.47M-42.1% | 2.54M | |
| Net interest income | — | — | — | — | -5.09M+4.6% | -5.34M+41.4% | |
| Other non-operating income | -5.26M-2070.8% | 267K+149.3% | -542K+59.3% | -1.33M-34.6% | -989K+59.0% | -2.41M-183.3% | |
| Equity-method income | 636K+216.3% | -547K-1315.6% | 45.0K-81.9% | 249K-88.2% | 2.12M+542.9% | 329K+201.8% | |
| Pre-tax income | -21.2M+88.4% | -183M+82.4% | -1.04B-1427.4% | 78.5M-43.6% | 139M+120.8% | 63.0M+41.2% | |
| Income tax | 19.8M+190.1% | -22.0M-143.6% | 50.5M+191.3% | 17.3M+11.6% | 15.5M+352.1% | 3.44M-73.2% | |
| -40.4M+75.1% | -162M+85.2% | -1.09B-1879.1% | 61.4M-51.2% | 126M+109.8% | 59.9M+88.0% | ||
| Net income to non-controlling interest | 0.00 | 0.00-100.0% | 1.00K+112.5% | -8.00K+57.9% | -19.0K+47.2% | -36.0K-620.0% | |
| -$0.46+79.6% | -$2.26+86.7% | -$17.03-1874.0% | $0.96-50.0% | $1.92+111.0% | $0.91+93.6% | ||
| EPS (basic) | -$0.46+79.6% | -$2.26+86.7% | -$17.03-1874.0% | $0.96-50.5% | $1.94+110.9% | $0.92+91.7% | |
| Weighted-avg shares (basic) | 88.4M+23.4% | 71.6M+11.7% | 64.1M+0.6% | 63.8M-1.4% | 64.7M-0.8% | 65.2M-1.6% | |
| Weighted-avg shares (diluted) | 88.4M+23.4% | 71.6M+11.7% | 64.1M+0.2% | 64.0M-2.4% | 65.6M-0.7% | 66.1M-2.0% | |
| Balance Sheet | as ofJan 25 ’26 | as ofJan 26 ’25 | as ofJan 28 ’24 | as ofJan 29 ’23 | as ofJan 30 ’22 | as ofJan 31 ’21 | |
| 655M+11.9% | 585M+9.6% | 534M-26.1% | 723M+43.9% | 502M+5.8% | 475M+3.0% | ||
| Cash & equivalents | 195M+28.6% | 152M+18.0% | 129M-45.4% | 236M-15.8% | 280M+4.0% | 269M-8.3% | |
| Accounts receivable | 161M-1.2% | 163M+21.0% | 134M-16.9% | 162M+126.1% | 71.5M+1.5% | 70.4M+13.7% | |
| Inventory | 196M+19.6% | 164M+12.8% | 145M-30.2% | 208M+82.2% | 114M+30.3% | 87.5M+19.8% | |
| Other current assets | 88.2M-6.2% | 94.1M-17.7% | 114M+2.4% | 112M+257.8% | 31.2M+20.8% | 25.8M+18.7% | |
| 1.41B-0.6% | 1.42B+3.3% | 1.37B-46.5% | 2.57B+127.2% | 1.13B+4.5% | 1.08B+2.8% | ||
| Property, plant & equipment | 109M-13.3% | 126M-17.9% | 154M-9.3% | 169M+25.5% | 135M+3.1% | 131M+5.2% | |
| Operating lease right-of-use | 23.5M+7.9% | 21.7M-9.0% | 23.9M-25.0% | 31.8M+60.8% | 19.8M+21.1% | 16.3M+49.1% | |
| Goodwill | 458M-14.1% | 533M-1.5% | 541M-57.8% | 1.28B+265.0% | 351M+0.0% | 351M+0.0% | |
| Intangible assets | 40.0M+20.9% | 33.1M-6.9% | 35.6M-83.5% | 215M+3061.4% | 6.80M-42.1% | 11.7M-41.3% | |
| Deferred tax assets | 34.2M-16.9% | 41.1M+128.3% | 18.0M-71.8% | 63.8M+129.4% | 27.8M+9.1% | 25.5M+26.8% | |
| Other non-current assets | 114M+13.4% | 100M+10.1% | 91.1M-22.1% | 117M+8.4% | 108M+22.5% | 88.1M+15.8% | |
| 276M-2.5% | 283M+30.3% | 217M-45.3% | 397M+209.1% | 128M+17.2% | 110M+11.1% | ||
| Accounts payable | 84.1M+42.0% | 59.2M+31.5% | 45.1M-55.3% | 101M+98.6% | 50.7M+1.0% | 50.2M+4.5% | |
| Accrued liabilities | 192M+7.6% | 178M+3.5% | 172M-32.0% | 253M+225.7% | 77.7M+30.9% | 59.4M+17.3% | |
| Deferred revenue | 14.2M-10.5% | 15.9M-16.9% | 19.1M-28.7% | 26.8M+105.2% | 13.0M+232.6% | 3.92M-0.2% | |
| Short-term & current debt | 0.00-100.0% | 45.6M | 0.00-100.0% | 43.1M | 0.00 | — | |
| Current lease liability | 6.06M+0.9% | 6.01M-8.4% | 6.56M+5.7% | 6.21M+56.1% | 3.98M+0.1% | 3.98M+21.4% | |
| Long-term debt | 491M-2.9% | 506M-63.1% | 1.37B+5.7% | 1.30B+655.5% | 172M-4.2% | 179M-8.0% | |
| Deferred revenue (non-current) | 11.7M+8.3% | 10.8M+31.7% | 8.20M-3.5% | 8.50M | — | — | |
| Non-current lease liability | 20.7M+11.9% | 18.5M-16.0% | 22.0M-16.8% | 26.5M+59.8% | 16.6M+25.9% | 13.2M+60.9% | |
| Operating lease liability (total) | 26.8M+9.2% | 24.5M-14.3% | 28.6M-12.5% | 32.7M+59.1% | 20.6M+19.9% | 17.1M+49.7% | |
| Deferred tax liabilities | 101K-86.5% | 750K-9.5% | 829K-83.6% | 5.07M+347.4% | 1.13M+16.0% | 976K-72.9% | |
| Other non-current liabilities | 93.3M+7.1% | 87.1M-5.3% | 92.0M-19.8% | 115M+24.8% | 91.9M-1.6% | 93.4M+19.4% | |
| 550M+1.3% | 542M+276.4% | -307M-140.7% | 756M+2.5% | 738M+5.6% | 699M+3.2% | ||
| Common stock | 1.04M+5.4% | 990K+26.1% | 785K+0.0% | 785K+0.0% | 785K+0.0% | 785K+0.0% | |
| Additional paid-in capital | 1.47B-0.2% | 1.47B+202.8% | 485M+3.0% | 471M-4.2% | 492M+3.8% | 474M+3.3% | |
| Retained earnings | -436M-10.2% | -396M-69.2% | -234M-127.2% | 858M+7.7% | 797M+18.7% | 671M+9.7% | |
| Treasury stock | 474M-8.9% | 521M-6.5% | 557M-3.6% | 578M+5.1% | 550M+25.3% | 439M+13.1% | |
| Accumulated other comprehensive income | -7.68M+36.5% | -12.1M-303.6% | -2.99M-189.1% | 3.36M+261.9% | -2.08M+74.6% | -8.17M-32.5% | |
| Non-controlling interest | — | 0.00-100.0% | 184K+0.5% | 183K-4.2% | 191K-9.0% | 210K-14.6% | |
| Total equity incl. non-controlling | 550M+1.3% | 542M+276.5% | -307M-140.6% | 756M+2.5% | 738M+5.6% | 699M+3.2% | |
| Total liabilities & equity | 1.41B-0.6% | 1.42B+3.3% | 1.37B-46.5% | 2.57B+127.2% | 1.13B+4.5% | 1.08B+2.8% | |
| Common shares issued | 104M+5.3% | 99.0M+26.7% | 78.1M+0.0% | 78.1M+0.0% | 78.1M+0.0% | 78.1M+0.0% | |
| Common shares outstanding | 92.7M+7.4% | 86.3M+33.9% | 64.4M+0.9% | 63.9M-0.4% | 64.1M-1.5% | 65.1M-1.0% | |
| Shares outstanding (cover) | 93.0M+7.5% | 86.5M+34.0% | 64.6M+1.1% | 63.9M-0.4% | 64.1M-1.7% | 65.2M-0.8% | |
| Cash Flow | as ofJan 25 ’26 | as ofJan 26 ’25 | as ofJan 28 ’24 | as ofJan 29 ’23 | as ofJan 30 ’22 | as ofJan 31 ’21 | |
| 181M+212.4% | 58.0M+161.7% | -93.9M-174.1% | 127M-37.6% | 203M+70.8% | 119M+0.3% | ||
| Depreciation & amortization | 30.5M-10.4% | 34.1M-22.9% | 44.2M+66.1% | 26.6M+2.4% | 26.0M+7.5% | 24.2M-38.9% | |
| Intangible amortization | 631K-28.6% | 884K-94.1% | 14.9M+1716.4% | 821K | 0.00-100.0% | 589K-96.4% | |
| Share-based compensation | 57.7M-15.2% | 68.0M+69.4% | 40.2M+2.3% | 39.2M-23.3% | 51.2M-3.4% | 53.0M+1.8% | |
| Deferred income taxes | 5.85M+125.4% | -23.1M-157.6% | 40.0M+363.3% | -15.2M-615.4% | -2.12M+73.5% | -8.01M-43.2% | |
| Change in inventory | 30.7M+64.2% | 18.7M+132.6% | -57.3M-1627.4% | 3.75M-85.8% | 26.5M+83.0% | 14.5M+55.2% | |
| Change in payables | 22.5M+53.5% | 14.7M+133.1% | -44.3M-1099.5% | -3.70M-72.4% | -2.15M-160.2% | 3.56M+37.0% | |
| -38.8M-226.1% | -11.9M+47.6% | -22.7M+98.2% | -1.25B-2993.9% | -40.3M+6.0% | -42.9M-25.0% | ||
| Capital expenditure | 9.78M+24.4% | 7.86M-73.1% | 29.2M+3.0% | 28.3M+8.2% | 26.2M-20.0% | 32.7M+42.0% | |
| Free cash flow | 171M+241.9% | 50.1M+140.7% | -123M-225.1% | 98.4M-44.4% | 177M+105.3% | 86.2M-9.8% | |
| Acquisitions | 21.5M | 0.00 | 0.00-100.0% | 1.24B | 0.00 | 0.00 | |
| Purchases of investments | 0.00-100.0% | 434K-53.3% | 930K-86.2% | 6.75M-18.2% | 8.24M-24.6% | 10.9M-6.0% | |
| Proceeds from sale of PP&E | 8.00K-91.8% | 97.0K-76.3% | 410K+978.9% | 38.0K-65.5% | 110K-71.4% | 385K+9.4% | |
| -101M-366.6% | -21.7M-305.3% | 10.6M-99.0% | 1.08B+807.8% | -152M-51.4% | -100M+2.5% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 181M-58.9% | 441M+62.0% | 272M | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00-100.0% | 641M | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 0.00 | 0.00 | 0.00-100.0% | 50.0M-61.5% | 130M+81.6% | 71.4M+1.7% | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net change in cash | 43.4M+87.6% | 23.2M+121.7% | -107M-142.5% | -44.1M-511.7% | 10.7M | — | |
| Interest paid | 16.3M-77.5% | 72.5M-13.3% | 83.6M+611.6% | 11.7M+173.5% | 4.29M-12.0% | 4.88M-38.3% | |
| Income taxes paid | 4.08M-48.9% | 7.98M-59.6% | 19.8M+90.6% | 10.4M+211.0% | 3.33M-60.3% | 8.41M-24.7% | |
| Valuation Ratios | as ofJan 25 ’26 | as ofJan 26 ’25 | as ofJan 28 ’24 | as ofJan 29 ’23 | as ofJan 30 ’22 | as ofJan 31 ’21 | |
| Market cap | 7.45B+34.8% | 5.53B+317.5% | 1.32B-37.5% | 2.12B-51.6% | 4.37B-5.2% | 4.61B+32.6% | |
| P/E | 260.9× | — | — | 14.4×-65.0% | 41.0×-58.0% | 97.8×+13.6% | |
| P/S | 7.3×+11.8% | 6.5×+313.6% | 1.6×-42.2% | 2.7×-55.6% | 6.1×-24.7% | 8.1×+32.8% | |
| P/B | 13.2× | — | 4.0×+48.3% | 2.7×-56.1% | 6.1×-10.7% | 6.8×+35.3% | |
| P/FCF | 52.0×-70.4% | 175.6× | — | 12.8×-56.1% | 29.1×-29.1% | 41.0×+13.2% | |
| Earnings yield | 0.38% | — | — | 7.0%+185.4% | 2.4%+138.2% | 1.0%-12.0% | |
| FCF yield | 1.9%+237.5% | 0.57% | — | 7.8%+127.6% | 3.4%+41.1% | 2.4%-11.6% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: SMTC’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all SMTC filings on SEC EDGAR → Not investment advice.