Growth Metrics

Semtech (SMTC) Gross Margin (2016 - 2026)

Semtech has reported Gross Margin over the past 18 years, most recently at 50.4% for Q1 2026.

  • Quarterly results put Gross Margin at 50.4% for Q1 2026, down 159.0% from a year ago — trailing twelve months through Jan 2026 was 51.63% (up 143.0% YoY), and the annual figure for FY2026 was 51.63%, up 143.0%.
  • Gross Margin for Q1 2026 was 50.4% at Semtech, down from 51.87% in the prior quarter.
  • Over the last five years, Gross Margin for SMTC hit a ceiling of 64.5% in Q4 2022 and a floor of 0.2% in Q1 2024.
  • Median Gross Margin over the past 5 years was 51.87% (2025), compared with a mean of 50.17%.
  • Biggest five-year swings in Gross Margin: crashed -5991bps in 2024 and later skyrocketed 5220bps in 2025.
  • Semtech's Gross Margin stood at 64.5% in 2022, then fell by -28bps to 46.27% in 2023, then increased by 10bps to 51.08% in 2024, then rose by 2bps to 51.87% in 2025, then decreased by -3bps to 50.4% in 2026.
  • The last three reported values for Gross Margin were 50.4% (Q1 2026), 51.87% (Q4 2025), and 52.06% (Q3 2025) per Business Quant data.