SEMTECH CORP SMTC
SEMTECH CORP financials (annual)
Bars are annual figures from 2017 to 2026; red bars are negative (a loss or cash outflow).
| Metric | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.0B | $909.3M | $868.8M | $756.5M | $740.9M | $595.1M | $547.5M | $627.2M | $587.8M | $544.3M |
| Gross profit | $542.1M | $456.5M | $296.2M | $478.6M | $461.1M | $355.9M | $336.7M | $377.0M | $352.0M | $324.9M |
| R&D expense | $196.3M | $170.9M | $186.4M | $166.9M | $147.9M | $117.5M | $107.4M | $109.0M | $105.1M | $102.5M |
| SG&A expense | $221.9M | $222.4M | $220.2M | $224.8M | $168.2M | $162.8M | $163.1M | $145.2M | $148.1M | $138.7M |
| Operating income | $32.6M | $49.9M | -$944.3M | $92.8M | $145.0M | $75.0M | $52.0M | $105.5M | $66.6M | $84.1M |
| Interest expense | $40.6M | $90.1M | $95.8M | $17.6M | $5.1M | $5.3M | — | — | — | — |
| Income tax | $19.8M | -$22.0M | $50.5M | $17.3M | $15.5M | $3.4M | $12.8M | $355,000 | $22.9M | $18.4M |
| Net income | -$40.4M | -$161.9M | -$1.1B | $61.4M | $125.7M | $59.9M | $31.9M | $69.6M | — | — |
| EPS (diluted) | $-0.46 | $-2.26 | $-17.03 | $0.96 | $1.92 | $0.91 | $0.47 | $1.02 | $0.51 | $0.83 |
| Operating cash flow | $181.2M | $58.0M | -$93.9M | $126.7M | $203.1M | $118.9M | $118.6M | $183.6M | $111.5M | $117.6M |
| Free cash flow | $171.4M | $50.1M | -$123.1M | $98.4M | $176.9M | $86.2M | $95.6M | $166.5M | $76.0M | $84.7M |
| Cash & equivalents | $195.2M | $151.7M | $128.6M | $235.5M | $279.6M | $268.9M | $293.3M | $312.1M | $307.9M | $297.1M |
| Inventory | $195.7M | $163.6M | $145.0M | $207.7M | $114.0M | $87.5M | $73.0M | $63.7M | $71.1M | $65.9M |
| Total assets | $1.4B | $1.4B | $1.4B | $2.6B | $1.1B | $1.1B | $1.1B | $1.1B | $1.1B | $1.0B |
| Shareholders' equity | $549.7M | $542.4M | -$307.4M | $756.0M | $737.8M | $699.0M | $677.2M | $682.6M | $665.4M | $605.3M |
Growth · year-over-year · Revenue CAGR 7.6%
| Metric | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth | +15.5% | +4.7% | +14.8% | +2.1% | +24.5% | +8.7% | -12.7% | +6.7% | +8.0% | +11.0% |
| Net income growth | — | — | -1879.1% | -51.2% | +109.8% | +88.0% | -54.2% | — | — | — |
| EPS growth | — | — | -1874.0% | -50.0% | +111.0% | +93.6% | -53.9% | +100.0% | -38.6% | +388.2% |
| Free cash flow growth | +241.9% | — | -225.1% | -44.4% | +105.3% | -9.8% | -42.6% | +119.0% | -10.2% | -4.9% |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · US · as of 2026-01-25. Facts plus Stocktoria's own computed scores — not investment advice.