Semtech (SMTC) Cost of Revenue (2009 - 2026)

Semtech has reported Cost of Revenue for 18 years, with the latest figure at $136.1 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue rose 12.93% year-over-year to $136.1 million; the trailing twelve-month figure through Jan 2026 stood at $507.8 million (up 12.16% YoY), and the FY2026 full-year result was $507.8 million, up 12.16% from the prior year.
• Cost of Revenue for Q1 2026 stood at $136.1 million, up from $128.5 million in the prior quarter.
• The five-year high for Cost of Revenue was $224.8 million in Q1 2024, with the low at $62.0 million in Q4 2022.
• Average Cost of Revenue over 5 years is $111.5 million, with a median of $115.9 million recorded in 2024.
• Year-over-year, Cost of Revenue surged 218.4% in 2024 and tumbled 46.39% in 2025.
• Tracing SMTC's Cost of Revenue over 5 years: stood at $62.0 million in 2022, then soared by 57.82% to $97.9 million in 2023, then increased by 18.31% to $115.9 million in 2024, then gained by 10.91% to $128.5 million in 2025, then increased by 5.91% to $136.1 million in 2026.
• The last three Cost of Revenue figures came in at $136.1 million (Q1 2026), $128.5 million (Q4 2025), and $123.5 million (Q3 2025), per Business Quant data.

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