Semtech (SMTC) Gross Margin (2009 - 2026)

Semtech (SMTC) has reported Gross Margin for 18 consecutive years, with 50.4% the latest figure, recorded in 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 came in at 50.4% for Q1 2026 at Semtech, 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.
• Average Gross Margin over 5 years is 50.17%, with a median of 51.87% recorded in 2025.
• Across the five-year window, Gross Margin slumped 5991 bps in 2024 and surged 5220 bps in 2025, its largest moves.
• Year by year, Gross Margin stood at 64.5% in 2022, then declined by 28 bps to 46.27% in 2023, then gained by 10 bps to 51.08% in 2024, then increased by 2 bps to 51.87% in 2025, then dropped by 3 bps to 50.4% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 50.4%, 51.87%, and 52.06% for Q1 2026, Q4 2025, and Q3 2025 respectively.