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

Semtech's Cost of Revenue history runs 18 years deep, the most recent figure standing at $136.1 million for Q1 2026.

• In Q1 2026, Cost of Revenue rose 12.93% year-over-year to $136.1 million; the TTM figure through Jan 2026 stood at $507.8 million (up 12.16% YoY), while the FY2026 annual figure 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 $63.0 million in Q4 2022.
• The 5-year median for Cost of Revenue is $115.9 million (2024), against an average of $111.7 million.
• The sharpest annual moves came in 2024 and 2025: Cost of Revenue surged 218.4% in 2024, then slumped 46.39% in 2025.
• Semtech's Cost of Revenue stood at $63.0 million in 2022, then jumped by 55.32% to $97.9 million in 2023, then climbed by 18.31% to $115.9 million in 2024, then increased by 10.91% to $128.5 million in 2025, then climbed by 5.91% to $136.1 million in 2026.
• Business Quant data shows SMTC's Cost of Revenue at $136.1 million in Q1 2026, $128.5 million in Q4 2025, and $123.5 million in Q3 2025.