Semtech (SMTC) Cost of Revenue (2009 - 2026)
Semtech's Cost of Revenue was $158.11 million in fiscal Q2 2027 (quarter ended Jul 26, 2026), up 28.0% from $123.48 million a year earlier.
Semtech (SMTC) Cost of Revenue (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Semtech's Cost of Revenue was $546.17 million through Jul 26, 2026, up 13.9% year-over-year; for FY2026 (ended Jan 25, 2026), it came in at $507.83 million, up 12.2% from FY2025.
- Cost of Revenue shows a five-year compound annual growth rate of 16.2% (FY2021 to FY2026).
- In earlier fiscal years, Cost of Revenue was $452.76 million in FY2025 (-20.9%), $572.51 million in FY2024 (+106.0%), $277.98 million in FY2023 (-0.6%) and $279.72 million in FY2022 (+16.9%).
- The fiscal Q2 2027 figure marks the highest quarterly Cost of Revenue since fiscal Q4 2024.
- Compared with a year earlier, Cost of Revenue was higher in six of the last seven quarters, with growth averaging 6.6%.
- The best year-over-year quarter for Cost of Revenue over five years was fiscal Q4 2024 (growth of 186.4%); the worst was fiscal Q4 2025 (a decline of 37.7%).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,478.79 Bn | 5,252.95 Bn | 72.14 Bn | 24.08 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,307.33 Bn | 1,926.59 Bn | 27.22 Bn | 12.97 Bn |
| 3 | Broadcom | 1,692.26 Bn | 1,618.31 Bn | 20.46 Bn | 9.14 Bn |
| 4 | Micron Technology | 1,116.28 Bn | 1,021.92 Bn | 47.05 Bn | 7.18 Bn |
| 5 | Advanced Micro Devices | 970.34 Bn | 927.09 Bn | 6.20 Bn | 5.33 Bn |
| 6 | Asml Holding | 680.68 Bn | 636.37 Bn | 5.90 Bn | 5.45 Bn |
| 7 | Intel | 517.24 Bn | 386.37 Bn | 6.51 Bn | 9.62 Bn |
| 8 | Applied Materials | 395.12 Bn | 360.56 Bn | 4.59 Bn | 4.53 Bn |
| 9 | Lam Research | 388.55 Bn | 365.34 Bn | 3.48 Bn | 3.24 Bn |
| 10 | Semtech | 15.68 Bn | 14.95 Bn | 183.76 Mn | 158.11 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 26, 2026 | 158.11 Mn |
| Jan 25, 2026 | 136.08 Mn |
| Oct 26, 2025 | 128.49 Mn |
| Jul 27, 2025 | 123.48 Mn |
| Apr 27, 2025 | 119.77 Mn |
| Jan 26, 2025 | 120.50 Mn |
| Oct 27, 2024 | 115.86 Mn |
| Jul 28, 2024 | 109.89 Mn |
| Apr 28, 2024 | 106.51 Mn |
| Jan 28, 2024 | 193.34 Mn |
| Oct 29, 2023 | 107.93 Mn |
| Jul 30, 2023 | 137.64 Mn |
| Apr 30, 2023 | 133.59 Mn |
| Jan 29, 2023 | 67.50 Mn |
| Oct 30, 2022 | 63.05 Mn |
| Jul 31, 2022 | 74.48 Mn |
| May 1, 2022 | 72.94 Mn |
| Jan 30, 2022 | 73.39 Mn |
| Oct 31, 2021 | 71.24 Mn |
| Aug 1, 2021 | 69.57 Mn |
Semtech Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=SMTC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "SMTC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=SMTC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();