Cash Flow Statement
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.

  • For Q1 2026, Gross Margin fell 159.0% year-over-year to 50.4%; the TTM value through Jan 2026 reached 51.63%, up 143.0%, while the annual FY2026 figure was 51.63%, 143.0% up from the prior year.
  • Gross Margin for Q1 2026 was 50.4% at Semtech, down from 51.87% in the prior quarter.
  • Over five years, Gross Margin peaked at 64.5% in Q4 2022 and troughed at 0.2% in Q1 2024.
  • A 5-year average of 50.17% and a median of 51.87% in 2025 define the central range for Gross Margin.
  • Biggest five-year swings in Gross Margin: plummeted -5991bps in 2024 and later surged 5220bps in 2025.
  • Year by year, Gross Margin stood at 64.5% in 2022, then dropped by -28bps to 46.27% in 2023, then rose by 10bps to 51.08% in 2024, then grew by 2bps to 51.87% in 2025, then fell by -3bps to 50.4% in 2026.
  • Business Quant data shows Gross Margin for SMTC at 50.4% in Q1 2026, 51.87% in Q4 2025, and 52.06% in Q3 2025.