SEMTECH CORP
Financial highlights
| Metric | FY 01/25/26 | FY 01/26/25 | FY 01/28/24 | FY 01/29/23 | FY 01/30/22 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $1.0B | $909.3M | $868.8M | $756.5M | $740.9M |
| Cost of revenue | $507.8M | $452.8M | $572.5M | $278.0M | $279.7M |
| Gross profit | $542.1M | $456.5M | $296.2M | $478.6M | $461.1M |
| Selling, general & administrative | $221.9M | $222.4M | $220.2M | $224.8M | $168.2M |
| Research and development | $196.3M | $170.9M | $186.4M | $166.9M | $147.9M |
| Operating expenses | $509.6M | $406.6M | $1.2B | $385.8M | $316.1M |
| Operating income | $32.6M | $49.9M | -$944.3M | $92.8M | $145.0M |
| Interest expense | $40.6M | $90.1M | $95.8M | $17.6M | $5.1M |
| Pretax income | -$21.2M | -$183.4M | -$1.0B | $78.5M | $139.1M |
| Income tax expense | $19.8M | -$22.0M | $50.5M | $17.3M | $15.5M |
| Net income | -$40.4M | -$161.9M | -$1.1B | $61.4M | $125.7M |
| Balance Sheet | |||||
| Cash and equivalents | $195.2M | $151.7M | $128.6M | $235.5M | $279.6M |
| Current assets | $655.1M | $585.5M | $534.2M | $722.8M | $502.3M |
| Total assets | $1.4B | $1.4B | $1.4B | $2.6B | $1.1B |
| Current liabilities | $275.9M | $283.0M | $217.2M | $396.9M | $128.4M |
| Total debt | $503.0M | $562.7M | $1.4B | $1.4B | $173.0M |
| Stockholders' equity | $549.7M | $542.4M | -$307.4M | $755.9M | $737.6M |
| Cash Flow Statement | |||||
| Cash from operations | $181.2M | $58.0M | -$93.9M | $126.7M | $203.1M |
| Depreciation and amortization | $29.9M | $33.2M | $29.3M | $25.8M | $26.0M |
| Stock-based compensation | $57.7M | $68.0M | $40.2M | $39.2M | $51.2M |
| Capital expenditure | $9.8M | $7.9M | $29.2M | $28.3M | $26.2M |
| Free cash flow | $171.4M | $50.1M | -$123.1M | $98.4M | $176.9M |
| Share repurchases | — | $0 | $0 | $50.0M | $129.7M |
| Impairments | $84.8M | $7.5M | $755.6M | $0 | $0 |
Shares outstanding 93.2M · Free float 99.5%
Annual filing data through FY ended January 25, 2026; float as of July 8, 2026.