Semtech (SMTC) Gross Margin (2009 - 2026)
Semtech's Gross Margin was 53.75% in fiscal Q2 2027 (quarter ended Jul 26, 2026), up 1.69 percentage points from 52.06% a year earlier.
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Analysis
Semtech (SMTC) Gross Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Semtech's Gross Margin was 52.12% through Jul 26, 2026, up 0.25 percentage points year-over-year; for FY2026 (ended Jan 25, 2026), it was 51.63%, up 1.43 percentage points from FY2025.
- Gross Margin shows a five-year change of -8.16 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Gross Margin was 50.21% in FY2025 (+16.11 pp), 34.10% in FY2024 (-29.16 pp), 63.26% in FY2023 (+1.01 pp) and 62.24% in FY2022 (+2.45 pp).
- The fiscal Q2 2027 figure marks the highest quarterly Gross Margin since fiscal Q4 2023.
- Compared with a year earlier, Gross Margin was higher in six of the last seven quarters, with an average year-over-year change of +9.28 percentage points.
- The best year-over-year quarter for Gross Margin over five years was fiscal Q4 2025 (a gain of 52.20 percentage points); the worst was fiscal Q4 2024 (a drop of 59.91 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 4,921.46 Bn | 4,695.62 Bn | 72.14 Bn | 74.98% |
| 2 | Taiwan Semiconductor Manufacturing | 2,095.29 Bn | 1,720.15 Bn | 27.22 Bn | 67.72% |
| 3 | Broadcom | 1,543.66 Bn | 1,469.70 Bn | 20.46 Bn | 69.13% |
| 4 | Micron Technology | 988.36 Bn | 893.99 Bn | 47.05 Bn | 86.76% |
| 5 | Advanced Micro Devices | 817.26 Bn | 774.00 Bn | 6.20 Bn | 53.77% |
| 6 | Asml Holding | 606.18 Bn | 561.86 Bn | 5.90 Bn | 51.98% |
| 7 | Intel | 330.29 Bn | 330.29 Bn | 7.10 Bn | - |
| 8 | Applied Materials | 307.60 Bn | 273.04 Bn | 4.59 Bn | 50.31% |
| 9 | Lam Research | 297.52 Bn | 273.57 Bn | 4.30 Bn | 52.30% |
| 10 | Semtech | 11.82 Bn | 11.09 Bn | 183.76 Mn | 53.75% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 26, 2026 | 53.75% |
| 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% |
API Access
Semtech Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=SMTC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "SMTC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=SMTC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();