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

Semtech (SMTC) has reported Cost of Revenue for 18 consecutive years, with $136.1 million the latest figure, recorded in 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 came in at $136.1 million for Q1 2026 at Semtech, 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.
• Across the five-year window, Cost of Revenue soared 218.4% in 2024 and plunged 46.39% in 2025, its largest moves.
• Year by year, Cost of Revenue stood at $62.0 million in 2022, then surged by 57.82% to $97.9 million in 2023, then gained by 18.31% to $115.9 million in 2024, then climbed by 10.91% to $128.5 million in 2025, then gained by 5.91% to $136.1 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $136.1 million, $128.5 million, and $123.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.