Growth Metrics

Semtech (SMTC) Cost of Revenue (2016 - 2026)

Semtech (SMTC) has 17 years of Cost of Revenue data on record, last reported at $128.5 million in Q4 2025.

  • For Q4 2025, Cost of Revenue rose 10.91% year-over-year to $128.5 million; the TTM value through Oct 2025 reached $492.2 million, down 6.35%, while the annual FY2025 figure was $452.8 million, 20.92% down from the prior year.
  • Cost of Revenue reached $128.5 million in Q4 2025 per SMTC's latest filing, up from $123.5 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $193.3 million in Q1 2024 and bottomed at $62.0 million in Q4 2022.
  • Average Cost of Revenue over 5 years is $100.2 million, with a median of $102.2 million recorded in 2023.
  • Peak YoY movement for Cost of Revenue: surged 197.75% in 2024, then tumbled 37.67% in 2025.
  • A 5-year view of Cost of Revenue shows it stood at $71.2 million in 2021, then fell by 12.91% to $62.0 million in 2022, then surged by 57.82% to $97.9 million in 2023, then grew by 18.31% to $115.9 million in 2024, then rose by 10.91% to $128.5 million in 2025.
  • Per Business Quant database, its latest 3 readings for Cost of Revenue were $128.5 million in Q4 2025, $123.5 million in Q3 2025, and $119.8 million in Q2 2025.