Semtech financials
$180.10+3.04%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY26 Jan 25 | FY25 Jan 26 | FY24 Jan 28 | FY23 Jan 29 | FY22 Jan 30 | FY21 Jan 31 | FY20 Jan 26 | FY19 Jan 27 | FY18 Jan 28 | FY17 Jan 29 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.05B | $909.3M | $868.8M | $756.5M | $740.9M | $595.1M | $547.5M | $627.2M | $587.8M | $544.3M |
| Gross profit | $542.1M | $456.5M | $296.3M | $478.6M | $461.1M | $355.9M | $336.7M | $377.0M | $352.0M | $324.9M |
| Gross margin | 51.6% | 50.2% | 34.1% | 63.3% | 62.2% | 59.8% | 61.5% | 60.1% | 59.9% | 59.7% |
| Operating income | $32.6M | $49.9M | -$944.3M | $74.5M | $145.0M | $68.2M | $50.8M | $75.5M | $62.4M | $84.1M |
| Net income | -$40.4M | -$161.9M | -$1.09B | $61.4M | $125.7M | $59.9M | $31.9M | $69.6M | $34.6M | $54.7M |
| Net margin | −3.8% | −17.8% | −125.7% | 8.1% | 17.0% | 10.1% | 5.8% | 11.1% | 5.9% | 10.0% |
| Diluted EPS | $-0.46 | $-2.26 | $-17.03 | $0.96 | $1.92 | $0.91 | $0.47 | $1.02 | $0.51 | $0.83 |
| EBITDA | $164.1M | $105.9M | -$47.4M | $118.1M | $175.9M | $110.8M | $93.6M | $145.7M | $119.9M | $105.4M |
| 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 |
| Diluted shares | 88.4M | 71.6M | 64.1M | 64.0M | 65.6M | 66.1M | 67.4M | 68.5M | 67.6M | 66.1M |
Balance sheet
| Period end | Jan 25 | Jan 26 | Jan 28 | Jan 29 | Jan 30 | Jan 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $195.2M | $151.7M | $128.6M | $235.5M | $279.6M | $268.9M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $491.2M | $551.5M | $1.37B | $1.34B | $171.7M | $179.2M |
| Total assets | $1.41B | $1.42B | $1.37B | $2.57B | $1.13B | $1.08B |
| Total liabilities | $860.6M | $876.8M | $1.68B | $1.81B | $393.1M | $383.1M |
| Shareholders' equity | $549.7M | $542.4M | -$307.3M | $756.0M | $737.8M | $699.0M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology