Cash Flow Statement
Growth Metrics

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

Semtech has reported Cost of Revenue over the past 18 years, most recently at $136.1 million for Q1 2026.

  • For Q1 2026, Cost of Revenue rose 12.93% year-over-year to $136.1 million; the TTM value through Jan 2026 reached $507.8 million, up 12.16%, while the annual FY2026 figure was $507.8 million, 12.16% up from the prior year.
  • Cost of Revenue for Q1 2026 was $136.1 million at Semtech, up from $128.5 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $224.8 million in Q1 2024 and troughed at $62.0 million in Q4 2022.
  • A 5-year average of $111.5 million and a median of $115.9 million in 2024 define the central range for Cost of Revenue.
  • Biggest five-year swings in Cost of Revenue: soared 218.4% in 2024 and later crashed 46.39% in 2025.
  • Year by year, Cost of Revenue stood at $62.0 million in 2022, then skyrocketed by 57.82% to $97.9 million in 2023, then rose by 18.31% to $115.9 million in 2024, then increased by 10.91% to $128.5 million in 2025, then rose by 5.91% to $136.1 million in 2026.
  • Business Quant data shows Cost of Revenue for SMTC at $136.1 million in Q1 2026, $128.5 million in Q4 2025, and $123.5 million in Q3 2025.