Semtech Corporation
NASDAQ•SMTC
CEO: Dr. Hong Q. Hou Ph.D.
Sector: Technology
Industry: Semiconductors
Listing Date: 1980-03-17
Semtech Corporation designs, develops, manufactures, and markets analog and mixed-signal semiconductor and advanced algorithms. It provides signal integrity products, including a portfolio of optical data communications and video transport products used in various infrastructure, and industrial applications; a portfolio of integrated circuits for data centers, enterprise networks, passive optical networks, wireless base station optical transceivers, and high-speed interface applications; and video products for broadcast applications, as well as video-over-IP technology for professional audio video applications. The company offers protection products, such as filter and termination devices that are integrated with the transient voltage suppressor devices, which protect electronic systems from voltage spikes; and sensing products comprising a portfolio of specialized radio frequency products used in various industrial, medical, and communications applications, as well as specialized sensing products. In addition, it provides switching voltage regulators, combination switching and linear regulators, smart regulators, isolated switches, and wireless charging related products. Further, it offers portfolio of IoT solutions, such as modules, gateways, routers, and connected services; and portfolio of connected services, including wireless connectivity and cloud-based services for industrial, medical and communications applications. The company serves original equipment manufacturers and industrial end-markets. It sells its products directly, as well as through independent sales representative firms and independent distributors in Asia- Pacific, North America, and Europe. Semtech Corporation was incorporated in 1960 and is headquartered in Camarillo, California.
Contact Information
Market Cap
$8.54B
P/E (TTM)
-210.6
52.1
Dividend Yield
--
52W High
$96.46
52W Low
$24.05
52W Range
Rank38Top 36.9%
4.3
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.3 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q4 2026 Data
Revenue
$274.40M+0.00%
4-Quarter Trend
EPS
-$0.32+0.00%
4-Quarter Trend
FCF
$47.40M+0.00%
4-Quarter Trend
2026 Annual Earnings Highlights
Key Highlights
Net Sales Growth Strong Total net sales reached $1.050 B in FY2026, marking a 15% increase driven by Infrastructure and Industrial segments.
Gross Margin Expansion Noted Gross margin improved to 51.6% in FY2026, up from 50.2% in FY2025, reflecting favorable product mix and absorption.
Operating Cash Flow Improved Net cash provided by operating activities was $181.168 M, significantly higher than $57.987 M provided in the prior year.
Net Loss Significantly Reduced Net loss attributable to common stockholders narrowed to $(40.376) M, a major improvement from $(161.896) M loss last year.
Risk Factors
Goodwill Impairment Large Recorded $84.785 M goodwill impairment in FY2026, primarily tied to IoT Connected Services reporting unit forecasts.
Cyclical Industry Pressures Remain Cyclical nature of semiconductor industry limits ability to maintain sales; average selling prices historically decrease rapidly.
Manufacturing Supply Chain Reliance Reliance on limited third-party subcontractors for wafers and testing creates risk of significant business interruption or delays.
Cellular Module Divestiture Risks Intended divestiture of cellular module business creates uncertainty, potential attrition, and diversion of management attention.
Outlook
Focus on Secular Growth Trends Strategy centers on three trends: enabling smarter IoT solutions, higher bandwidth demand, and supporting greater mobility worldwide.
Leverage Analog Design Expertise Intends to leverage rare analog and mixed-signal design expertise to achieve higher integration and power reduction goals.
Capitalizing on AI Infrastructure Sees substantial potential in IoT market, particularly verticals like metering and asset tracking, driven by AI infrastructure growth.
Portfolio Rationalization Underway Conducting portfolio review to identify non-core assets, aiming to align portfolio with strategic vision and preferred margin profile.
Peer Comparison
Revenue (TTM)
$30.85B
$3.74B
$2.91B
Gross Margin (Latest Quarter)
81.1%
73.4%
53.1%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| TTMI | $12.77B | 71.9 | 10.6% | 29.1% |
| ONTO | $12.56B | 91.1 | 6.9% | 0.0% |
| FORM | $10.00B | 183.0 | 5.4% | 3.7% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
3.0%
Moderate Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
100%
Strong Cash Flow
Deep Research
Next earnings:May 25, 2026
EPS:-
|Revenue:-
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
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No Data