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Semtech Corp

SMTC · Information Technology

Last earnings Aug 25, 2026

Key results

GAAP gross marginquarter

51.9%

GAAP gross margin of 51.9%, up from 51.1% a year ago and Non-GAAP adjusted

SEC original ↗Semtech Corp — Earnings release (8-K exhibit)EX-99Nov 24, 2025

Gross marginquarter

53.0%

gross margin of 53.0%, up from 52.4% a year ago

SEC original ↗Semtech Corp — Earnings release (8-K exhibit)EX-99Nov 24, 2025

GAAP operating marginquarter

11.6%

GAAP operating margin of 11.6% compared to 7.5% a year ago and Non-GAAP adjusted

SEC original ↗Semtech Corp — Earnings release (8-K exhibit)EX-99Nov 24, 2025

Operating marginquarter

20.6%

operating margin of 20.6% compared to 18.3% a year ago GAAP diluted loss per share of $0.03 compared to a diluted loss per share of $0.10 a year ago and Non-GAAP adjusted diluted

SEC original ↗Semtech Corp — Earnings release (8-K exhibit)EX-99Nov 24, 2025

EPSquarter

$0.48

earnings per share of $0.48 compared to $0.26 a year ago CAMARILLO, Calif.

SEC original ↗Semtech Corp — Earnings release (8-K exhibit)EX-99Nov 24, 2025

AI analysis

Q3 FY2026 · reported Nov 24, 2025

Based on: Earnings release + parent 8-K — transcript not held

EPS · Q3 FY2026
$0.48
+84.6% vs year ago computed from stated figures
EX-99 · Nov 24, 2025
GAAP gross margin · Q3 FY2026
51.9%
+0.8 pts vs year ago computed from stated figures
EX-99 · Nov 24, 2025
Gross margin · Q3 FY2026
53.0%
+0.6 pts vs year ago computed from stated figures
EX-99 · Nov 24, 2025
GAAP operating margin · Q3 FY2026
11.6%
+4.1 pts vs year ago computed from stated figures
EX-99 · Nov 24, 2025

The quarter in charts

GAAP gross margin

Percent of revenue, as stated

0%30%60%51.1%Same quarter last year51.9%Q3 FY2026

EX-99 · Nov 24, 2025 Margin values as stated in the release.

Diluted EPS — GAAP

Per diluted share, as stated

00.20.40.6$0.26Same quarter last year$0.48Q3 FY2026 (quarter)

EX-99 · Nov 24, 2025 EPS values as stated in the release.

Headline figures

MetricQ3 FY2026Prior qtrYear ago
GAAP gross margin51.9%—51.1%
Gross margin53.0%—52.4%
GAAP operating margin11.6%—7.5%
Operating margin20.6%—18.3%
EPS$0.48—$0.26

EX-99 · Nov 24, 2025

Guidance · company-stated

No guidance located in the held release

Stated figure58.3%
Next earningsNo verified date on fileNo date is estimated or imported

Margin

GAAP gross margin51.9%
Gross margin53.0%
GAAP operating margin11.6%
Operating margin20.6%

Capital allocation

The Company considers free cash flow, which may be positive or negative, a non-GAAP financial measure defined as cash flows provided by operating activities less net capital expenditures.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

Our strong results this quarter reflect returns on our disciplined R D investments and the deep and expanding partnerships we have established with our customers, said Hong Hou, president and chief executive officer

Based on: Earnings release + parent 8-K — transcript not held

Guidance & outlook

No guidance located in the held release

Capital allocation

The Company considers free cash flow, which may be positive or negative, a non-GAAP financial measure defined as cash flows provided by operating activities less net capital expenditures.

SEC original ↗Semtech Corp — Earnings release (8-K exhibit)EX-99Nov 24, 2025

Strategy & priorities

or foreign tax legislation or exposure to additional tax liabilities, or material differences between our forecasted annual effective tax rates and actual tax rates the Company's ability to comply with, or pursue business strategies due to, our level of indebtedness or the covenants under the agreements governing our indebtedness and adverse developments affecting the financial services industry.

SEC original ↗Semtech Corp — Earnings release (8-K exhibit)EX-99Nov 24, 2025

Risks & headwinds

Forward-looking statements involve known and unknown risks and uncertainties that could cause actual results and events to differ materially from those projected.

SEC original ↗Semtech Corp — Earnings release (8-K exhibit)EX-99Nov 24, 2025

Potential factors that could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to the volatility of our financial results or impact of the cyclical nature of our industry, including during industry downturns or due to periodic economic uncertainty the historical rapid decrease of the average selling prices of certain products disruptions in U.

SEC original ↗Semtech Corp — Earnings release (8-K exhibit)EX-99Nov 24, 2025

In light of the significant risks and uncertainties inherent in the forward-looking information included herein that may cause actual performance and results to differ materially from those predicted, any such forward-looking information should not be regarded as representations or guarantees by the Company of future performance or results, or that its objectives or plans will be achieved or that any of its operating expectations or financial forecasts will be realized.

SEC original ↗Semtech Corp — Earnings release (8-K exhibit)EX-99Nov 24, 2025

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

Microsoft (MSFT) Information TechnologyTeradyne (TER) Information TechnologyASML Holding (ASML) Information TechnologyMicron Technology (MU) Information TechnologySeagate Technology (STX) Information TechnologyUnited Microelectronics (UMC) Information TechnologyMonolithic Power Systems (MPWR) Information TechnologyCoherent Corp. (COHR) Information Technology
Documents

Filings

30 documents

Earnings releases

10 documents

Presentations

0 documents

No presentations for Semtech Corp are held in this edition of the library.

Transcripts

0 documents

No transcripts for Semtech Corp are held in this edition of the library.

Mentioned by

3 companies

Other tracked companies whose held documents mention Semtech Corp by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.