Semtech (SMTC) Net Margin (2009 - 2026)
Semtech (SMTC) recorded Net Margin of 46.84% in fiscal Q2 2027 (quarter ended Jul 26, 2026), up 57.34 percentage points from -10.51% a year earlier.
Semtech (SMTC) Net Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Semtech's Net Margin came in at 8.80% as of Jul 26, 2026, up 6.41 percentage points year-over-year; for FY2026 (ended Jan 25, 2026), it was -3.85%, up 13.96 percentage points from FY2025.
- Annual Net Margin has a five-year change of -13.91 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, Net Margin came in at -17.80% in FY2025 (+107.90 pp), -125.70% in FY2024 (-133.81 pp), 8.11% in FY2023 (-8.85 pp) and 16.96% in FY2022 (+6.90 pp).
- The fiscal Q2 2027 figure is the highest quarterly Net Margin in data going back to fiscal Q2 2010.
- On a year-over-year basis, Net Margin rose in six of the last seven quarters, with an average year-over-year change of +69.27 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 348.52 percentage points in fiscal Q4 2025, against a drop of 302.47 percentage points in fiscal Q4 2024 at the low end.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 4,921.46 Bn | 4,695.62 Bn | 72.14 Bn | 62.03% |
| 2 | Taiwan Semiconductor Manufacturing | 2,095.29 Bn | 1,720.15 Bn | 27.22 Bn | 55.62% |
| 3 | Broadcom | 1,543.66 Bn | 1,469.70 Bn | 20.46 Bn | 44.23% |
| 4 | Micron Technology | 988.36 Bn | 893.99 Bn | 47.05 Bn | 69.52% |
| 5 | Advanced Micro Devices | 817.26 Bn | 774.00 Bn | 6.20 Bn | 19.91% |
| 6 | Asml Holding | 606.18 Bn | 561.86 Bn | 5.90 Bn | 29.12% |
| 7 | Intel | 330.29 Bn | 330.29 Bn | 7.10 Bn | - |
| 8 | Applied Materials | 307.60 Bn | 273.04 Bn | 4.59 Bn | 27.84% |
| 9 | Lam Research | 297.52 Bn | 273.57 Bn | 4.30 Bn | 33.50% |
| 10 | Semtech | 11.82 Bn | 11.09 Bn | 183.76 Mn | 46.84% |
Historic Data
| Date | Value |
|---|---|
| Jul 26, 2026 | 46.84% |
| Jan 25, 2026 | -10.86% |
| Oct 26, 2025 | -1.07% |
| Jul 27, 2025 | -10.51% |
| Apr 27, 2025 | 7.71% |
| Jan 26, 2025 | 15.60% |
| Oct 27, 2024 | -3.20% |
| Jul 28, 2024 | -79.08% |
| Apr 28, 2024 | -11.24% |
| Jan 28, 2024 | -332.92% |
| Oct 29, 2023 | -19.04% |
| Jul 30, 2023 | -160.25% |
| Apr 30, 2023 | -12.44% |
| Jan 29, 2023 | -30.45% |
| Oct 30, 2022 | 12.81% |
| Jul 31, 2022 | 24.66% |
| May 1, 2022 | 18.82% |
| Jan 30, 2022 | 18.27% |
| Oct 31, 2021 | 17.66% |
| Aug 1, 2021 | 17.80% |
Semtech Net 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=net-margin&ticker=SMTC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=SMTC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();