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SMTC · Nasdaq · United States · Semiconductors & Related Devices
In shortSEMTECH CORP is loss-making, generates cash and carries moderate debt, with revenue growing (+15.5% last year).
Financial health
Mixed
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 3.1% | 27/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | -3.8% | 5/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | -7.4% | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 2.5% | 16/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 2.37× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.89× | 61/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 4.74× | 0/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 0.80× | 0/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 1.58 | 12/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 16.3% | 85/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | – | n/a |
| Years with positive free cash flow (last 5) | 4 of 5 | 75/100 |
Weight in the score: 20%
| Profitable years (last 5) | 2 of 5 | 40/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 9.0% | 78/100 |
| Operating margin volatility | 53.5% | 0/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 11.5% | 81/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2026 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 741 | 757 | 869 | 909 | 1,050 |
| Cost of revenue | 280 | 278 | 573 | 453 | 508 |
| Gross profit | 461 | 479 | 296 | 457 | 542 |
| Research & development | 148 | 167 | 186 | 171 | 196 |
| Selling, general & admin | 168 | 225 | 220 | 222 | 222 |
| Operating income | 145 | 93 | (944) | 50 | 33 |
| Interest expense | 5.1 | 18 | 96 | 90 | 41 |
| Pre-tax income | 139 | 78 | (1,042) | (183) | (21) |
| Income tax | 16 | 17 | 51 | (22) | 20 |
| Net income | 126 | 61 | (1,092) | (162) | (40) |
| Diluted EPS | $1.92 | $0.96 | −$17.03 | −$2.26 | −$0.46 |
| Diluted shares (millions) | 66 | 64 | 64 | 72 | 88 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 8 reported quarters (10-Q and 10-K filings), in USD millions. The fourth quarter is derived from the annual report.
The last 8 quarters of SEMTECH CORP are included in the Investor plan. Try free for 7 days →
1.58 Grey zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
7/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jul 26, 2026 · Data updated May 27, 2026