Semtech

US · SMTC #1054 by market cap Listed 1970

193.78 -3.42 -1.73%

Live - 5344 symbols - heartbeat 556s ago · 2026-10-08 07:39

Pre-market 189.00 -2.47%

After-hours 194.50 +0.37%

Overnight 190.90 -1.49%

Market cap: 18.08B
P/E (TTM): 128.33
P/B: 24.15
EPS: -0.46
Div yield: 0.00%
52W pos: 94%

Reader sentiment Are you bullish or bearish on SMTC?

Anonymous reader poll. Unscientific, not investment advice.

✦ Quant Financial Health how this is computed

Good

Altman Z-Score is 13.53, above the 3.0 "safe zone" threshold.
Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.

Revenue annual, last 8 years

Latest year +15.47% YoY

Margins

Gross margin: 51.63%
Operating margin: 11.74%
Net margin: -3.85%

Key ratios & quality

Enterprise value: 18.39B
Altman Z-Score: 13.53

Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.

Income statement

Line item	2019	2020	2021	2022	2023	2024	2025	2026
Revenue	627.20M	547.51M	595.12M	740.86M	756.53M	868.76M	909.29M	1.05B
Gross profit	377.02M	336.68M	355.87M	461.14M	478.56M	296.25M	456.53M	542.14M
Selling & admin expenses	145.25M	163.11M	162.83M	168.21M	224.81M	220.22M	222.37M	221.85M
Research & development	109.05M	107.37M	117.53M	147.93M	166.95M	186.45M	170.91M	196.35M
Operating profit	96.08M	49.66M	74.92M	145.00M	85.98M	-125.33M	62.37M	123.31M
Pretax profit	70.12M	44.59M	62.98M	139.07M	78.47M	-1.04B	-183.36M	-21.18M
Tax	355.00K	12.83M	3.44M	15.54M	17.34M	50.52M	-22.01M	19.83M
Net profit	69.64M	31.87M	59.87M	125.65M	61.37M	-1.09B	-161.90M	-40.38M
Basic EPS	1	0	1	2	1	-17	-2	0
Diluted EPS	1.02	0.47	0.91	1.92	0.96	-17.03	-2.26	-0.46

Line item	2025-04	2025-07	2025-10	2026-01	2026-04	2026-07
Revenue	251.06M	257.59M	266.97M	274.36M	291.02M	341.87M
Gross profit	131.29M	134.11M	138.48M	138.27M	151.46M	183.76M
Selling & admin expenses	46.45M	58.47M	57.11M	59.82M	66.60M	67.33M
Research & development	47.53M	48.20M	49.40M	51.22M	57.57M	60.58M
Operating profit	37.17M	27.29M	31.81M	27.04M	26.97M	55.46M
Pretax profit	26.95M	-22.21M	4.45M	-30.37M	25.05M	54.66M
Tax	8.65M	4.79M	7.32M	-937.00K	112.00K	-101.36M
Net profit	19.35M	-27.06M	-2.86M	-29.80M	26.56M	160.12M
Basic EPS	0	0	0	0	0	2
Diluted EPS	0.22	-0.31	-0.03	-0.32	0.27	1.59

Balance sheet

Line item	2019	2020	2021	2022	2023	2024	2025	2026
Total current assets	485.30M	460.74M	474.73M	502.30M	722.79M	534.20M	585.46M	655.12M
Cash & ST investments	312.12M	293.32M	268.89M	279.60M	235.51M	143.13M	164.46M	195.18M
Inventory	63.68M	73.01M	87.49M	114.00M	207.70M	144.99M	163.59M	195.74M
Total assets	1.06B	1.05B	1.08B	1.13B	2.57B	1.37B	1.42B	1.41B
Total current liabilities	129.91M	98.64M	109.57M	128.40M	396.86M	217.16M	283.03M	275.94M
Short-term debt	18.27M	3.27M	3.98M	3.98M	49.31M	6.56M	51.60M	6.06M
Long-term debt	192.85M	194.74M	179.20M	171.68M	1.30B	1.37B	505.93M	491.23M
Total liabilities	380,200,000.00	375,233,000.00	383,149,000.00	393,136,000.00	1,813,593,000.00	1,680,985,000.00	876,838,000.00	860,619,000.00
Total equity	682.58M	677.20M	698.95M	737.78M	756.04M	-307.25M	542.43M	549.72M
Retained earnings	579.74M	611.61M	671.20M	796.86M	858.24M	-233.79M	-395.69M	-436.06M

Line item	2025-04	2025-07	2025-10	2026-01	2026-04	2026-07
Total current assets	598.04M	614.87M	620.85M	655.12M	648.70M	742.84M
Cash & ST investments	156.47M	168.56M	164.67M	195.18M	163.31M	204.05M
Inventory	170.24M	183.30M	185.73M	195.74M	204.72M	170.80M
Total assets	1.43B	1.41B	1.41B	1.41B	1.44B	1.65B
Total current liabilities	235.95M	243.11M	255.14M	275.94M	273.72M	437.40M
Short-term debt	--	--	--	6.06M	--	143.36M
Long-term debt	542.64M	518.94M	490.49M	491.23M	491.98M	349.37M
Total liabilities	863,140,000.00	852,993,000.00	840,217,000.00	860,619,000.00	865,621,000.00	898,169,000.00
Total equity	568.82M	552.89M	565.66M	549.72M	573.32M	748.87M
Retained earnings	-376.34M	-403.41M	-406.27M	-436.06M	-409.50M	-249.38M

Cash flow

Line item	2019	2020	2021	2022	2023	2024	2025	2026
Operating cash flow	183.56M	118.62M	118.93M	203.12M	126.71M	-93.92M	57.99M	181.17M
Depreciation & amortization	49.64M	43.97M	35.86M	35.30M	36.89M	84.45M	49.37M	46.33M
Free cash flow	166.51M	95.56M	86.20M	176.94M	98.39M	-125.02M	43.79M	165.36M
Dividends paid	--	--	--	--	--	--	--	--
Stock buybacks / issuance	-116.21M	-70.22M	-71.43M	-129.75M	-50.00M	0	640.68M	0
Ending cash balance	312.12M	293.32M	268.89M	279.60M	235.51M	128.59M	151.74M	195.18M

Line item	2025-04	2025-07	2025-10	2026-01	2026-04	2026-07
Operating cash flow	27.82M	44.40M	47.46M	61.49M	36.18M	68.89M
Depreciation & amortization	11.54M	11.67M	11.52M	11.60M	10.74M	11.35M
Free cash flow	25.65M	39.26M	42.01M	58.45M	22.74M	60.69M
Dividends paid	--	--	--	--	--	--
Stock buybacks / issuance	--	--	--	--	--	--
Ending cash balance	156.47M	168.56M	164.67M	195.18M	163.31M	204.05M

Returns & efficiency

Line item	2019	2020	2021	2022	2023	2024	2025	2026
ROE %	9.36	4.69	8.71	17.50	8.22	-487.06	-137.79	-7.39
ROA %	5.87	3.01	5.61	11.36	3.32	-55.39	-11.59	-2.85
ROIC %	7.82	4.34	7.39	14.51	4.42	-63.38	-8.51	-3.10
5-year avg ROE %	6.54	6.45	7.77	9.34	9.89	-89.59	-118.08	-121.30
EBIT margin %	11.53	9.81	11.48	19.46	12.04	-109.04	-11.22	-0.65
FCF / sales %	26.55	17.45	14.48	23.88	13.01	--	4.82	15.75
Current ratio	3.74	4.67	4.33	3.91	1.82	2.46	2.07	2.37
Quick ratio	3.01	3.60	3.10	2.73	1.00	1.36	1.25	1.42
Debt / assets	19.86	18.82	16.93	15.53	52.39	100.28	39.28	35.26
LT debt / equity	28.25	28.77	25.65	23.28	171.59	--	93.27	89.36
Interest coverage	7.86	5.90	12.80	28.32	7.22	-10.05	-1.25	-0.48
Revenue CAGR (3Y) %	8.56	0.20	0.41	5.71	11.38	13.44	7.07	11.55
Net income CAGR (3Y) %	82.29	-16.46	20.02	21.75	24.42	--	--	--
FCF CAGR (3Y) %	23.20	4.11	4.27	2.05	0.98	--	-37.22	18.90

Line item	2025-04	2025-07	2025-10	2026-01	2026-04	2026-07
ROE %	-93.38	11.59	13.41	-7.39	-5.81	23.66
ROA %	-8.50	1.72	2.05	-2.85	-2.31	10.09
ROIC %	-6.14	5.22	4.51	-3.10	-2.69	12.63
5-year avg ROE %	--	--	--	--	--	--
EBIT margin %	-7.77	5.00	4.11	-0.65	-1.25	5.03
FCF / sales %	7.56	12.40	13.38	15.75	14.91	15.66
Current ratio	2.53	2.53	2.43	2.37	2.37	1.70
Quick ratio	1.37	1.32	1.29	1.42	1.24	0.85
Debt / assets	37.90	36.91	34.89	35.26	34.19	29.92
LT debt / equity	95.40	93.86	86.71	89.36	85.81	46.65
Interest coverage	-1.20	1.18	1.59	-0.48	-1.43	11.21
Revenue CAGR (3Y) %	--	--	--	--	--	--
Net income CAGR (3Y) %	--	--	--	--	--	--
FCF CAGR (3Y) %	--	--	--	--	--	--

✦ Quant Revenue Concentration how this is computed

Diversified

Signal Integrity is the largest reported line at 36.91% of revenue, across 3 reported segments.
No single line clears half of revenue; Analog Mixed Signal and Wireless is next at 34.33%, spreading the business across more than one real driver.

Revenue breakdown most recent period

Business

Signal Integrity36.91%

Analog Mixed Signal and Wireless34.33%

Internet of things (IoT) Systems and Connectivity28.77%

Quote time 2026-10-08 07:39:37 · For reference only, not investment advice and not tailored to your situation.