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Semtech (SMTC) Operating Expenses (2016 - 2026)

Semtech has reported Operating Expenses over the past 18 years, most recently at $156.5 million for Q1 2026.

  • Quarterly results put Operating Expenses at $156.5 million for Q1 2026, up 43.26% from a year ago — trailing twelve months through Jan 2026 was $509.6 million (up 25.33% YoY), and the annual figure for FY2026 was $509.6 million, up 25.33%.
  • Operating Expenses for Q1 2026 was $156.5 million at Semtech, up from $107.4 million in the prior quarter.
  • Over the last five years, Operating Expenses for SMTC hit a ceiling of $619.6 million in Q1 2024 and a floor of $70.7 million in Q3 2022.
  • Median Operating Expenses over the past 5 years was $105.3 million (2023), compared with a mean of $153.9 million.
  • Biggest five-year swings in Operating Expenses: skyrocketed 466.68% in 2023 and later crashed 82.36% in 2025.
  • Semtech's Operating Expenses stood at $77.2 million in 2022, then surged by 36.45% to $105.3 million in 2023, then fell by 2.05% to $103.2 million in 2024, then rose by 4.11% to $107.4 million in 2025, then skyrocketed by 45.72% to $156.5 million in 2026.
  • The last three reported values for Operating Expenses were $156.5 million (Q1 2026), $107.4 million (Q4 2025), and $150.3 million (Q3 2025) per Business Quant data.