Semtech (SMTC) Gross Margin (2009 - 2026)
Semtech (SMTC) posted quarterly Gross Margin of 50.4% for Q1 2026, down 159.0% year-over-year from 85.42% in Q1 2025, and down 2.84% quarter-over-quarter from 51.87% in Q4 2025.
Semtech (SMTC) Gross Margin (2009 - 2026) Analysis & Trends
Semtech's Gross Margin history runs 18 years deep, the most recent figure standing at 50.4% for Q1 2026.
- In Q1 2026, Gross Margin fell 159.0% year-over-year to 50.4%; the TTM figure through Jan 2026 stood at 51.63% (up 143.0% YoY), while the FY2026 annual figure was 51.63%, up 143.0% from the prior year.
- Gross Margin for Q1 2026 stood at 50.4%, down from 51.87% in the prior quarter.
- The five-year high for Gross Margin was 64.5% in Q4 2022, with the low at 0.2% in Q1 2024.
- The 5-year median for Gross Margin is 51.87% (2025), against an average of 50.17%.
- The sharpest annual moves came in 2024 and 2025: Gross Margin plunged 5991 bps in 2024, then jumped 5220 bps in 2025.
- Semtech's Gross Margin stood at 64.5% in 2022, then retreated by 28 bps to 46.27% in 2023, then climbed by 10 bps to 51.08% in 2024, then gained by 2 bps to 51.87% in 2025, then fell by 3 bps to 50.4% in 2026.
- Business Quant data shows SMTC's Gross Margin at 50.4% in Q1 2026, 51.87% in Q4 2025, and 52.06% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 10,545.90 Bn | 10,447.64 Bn | 23.77 Bn | 66.25% |
| 2 | Nvidia | 5,009.72 Bn | 4,966.24 Bn | 61.16 Bn | 74.93% |
| 3 | Broadcom | 1,857.88 Bn | 1,838.25 Bn | 15.42 Bn | 69.48% |
| 4 | Micron Technology | 938.47 Bn | 912.45 Bn | 35.06 Bn | 84.56% |
| 5 | Advanced Micro Devices | 789.52 Bn | 777.17 Bn | 5.42 Bn | 52.82% |
| 6 | Intel | 463.88 Bn | 434.15 Bn | 6.51 Bn | 40.36% |
| 7 | Aeluma | 302.44 Bn | 302.40 Bn | 386,000.00 | 31.59% |
| 8 | Arm Holdings | 254.34 Bn | 250.45 Bn | 1.25 Bn | 97.21% |
| 9 | Texas Instruments | 245.02 Bn | 238.02 Bn | 3.35 Bn | 61.36% |
| 10 | Semtech | 10.49 Bn | 10.30 Bn | 138.27 Mn | 50.40% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 25, 2026 | 50.40% |
| Oct 26, 2025 | 51.87% |
| Jul 27, 2025 | 52.06% |
| Apr 27, 2025 | 52.29% |
| Jan 26, 2025 | 51.99% |
| Oct 27, 2024 | 51.08% |
| Jul 28, 2024 | 48.97% |
| Apr 28, 2024 | 48.32% |
| Jan 28, 2024 | -0.20% |
| Oct 29, 2023 | 46.27% |
| Jul 30, 2023 | 42.26% |
| Apr 30, 2023 | 43.52% |
| Jan 29, 2023 | 59.70% |
| Oct 30, 2022 | 64.50% |
| Jul 31, 2022 | 64.41% |
| May 1, 2022 | 63.92% |
| Jan 30, 2022 | 61.48% |
| Oct 31, 2021 | 63.45% |
| Aug 1, 2021 | 62.39% |
| May 2, 2021 | 61.55% |