10 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2026 | $1.0B | -$40M | 51.6% | 3.1% | $171M | $491M | $195M |
| 2025 | $909M | -$162M | 50.2% | 5.5% | $50M | $552M | $152M |
| 2024 | $869M | -$1.1B | 34.1% | -108.7% | -$123M | $1.4B | $129M |
| 2023 | $757M | $61M | 63.3% | 12.3% | $98M | $1.3B | $236M |
| 2022 | $741M | $126M | 62.2% | 19.6% | $177M | $172M | $280M |
| 2021 | $595M | $60M | 59.8% | 12.6% | $86M | $179M | $269M |
| 2020 | $548M | $32M | 61.5% | 9.5% | $96M | $195M | $293M |
| 2019 | $627M | $70M | 60.1% | 16.8% | $167M | $211M | $312M |
| 2018 | $588M | — | 59.9% | 11.3% | $76M | $227M | $308M |
| 2017 | $544M | — | 59.7% | 15.4% | $85M | $241M | $297M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Apr '26 | $291M | $27M | 52.0% | 8.9% | $28M | $492M | $163M |
| Jan '26 | $274M | -$30M | 50.4% | -6.7% | $59M | $491M | $195M |
| Oct '25 | $267M | -$3M | 51.9% | 11.6% | $45M | $490M | $165M |
| Jul '25 | $258M | -$27M | 52.1% | -6.3% | $42M | $519M | $169M |
| Apr '25 | $251M | $19M | 52.3% | 14.3% | $26M | $543M | $156M |
| Jan '25 | $251M | $39M | 52.0% | 8.5% | $31M | $552M | $152M |
| Oct '24 | $237M | -$8M | 51.1% | 7.5% | $29M | $1.2B | $137M |
| Jul '24 | $215M | -$170M | 49.0% | 3.6% | -$8M | $1.2B | $116M |
| Apr '24 | $206M | -$23M | 48.3% | 1.5% | -$1M | $1.4B | $127M |
| Jan '24 | $193M | -$642M | -0.2% | -321.3% | $12M | $1.4B | $129M |
| Oct '23 | $201M | -$38M | 46.3% | -6.2% | -$12M | $1.4B | $124M |
| Jul '23 | $238M | -$382M | 42.3% | -125.9% | -$19M | $1.4B | $148M |
| Apr '23 | $237M | -$29M | 43.5% | -5.0% | -$104M | $1.4B | $164M |
| Jan '23 | $168M | -$51M | 59.7% | -33.2% | -$24M | $1.3B | $236M |
| Oct '22 | $178M | $23M | 64.5% | 21.0% | $11M | $455M | $618M |
| Jul '22 | $209M | $52M | 64.4% | 30.6% | $70M | $172M | $362M |
| May '22 | $202M | $38M | 63.9% | 23.3% | $42M | $182M | $275M |
| Jan '22 | $191M | $35M | 61.5% | 22.5% | $43M | $172M | $280M |
| Oct '21 | $195M | $34M | 63.5% | 19.2% | $61M | $176M | $277M |
| Aug '21 | $185M | $33M | 62.4% | 19.8% | $46M | $175M | $263M |
How the market has priced SMTC against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Semtech Corp's revenue has grown 12.0% per year. These are computed facts, not advice.
As of FY2026, Semtech Corp reported $491M of total debt against $195M of cash; operating income covered interest expense 0.8×.
In FY2026, gross margin was 51.6%, operating margin 3.1%, and net margin -3.8%.
As of Jun '26, Semtech Corp traded at a price-to-earnings ratio of about 33.9× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.