Semtech (SMTC) Operating Expenses (2009 - 2026)

Semtech has reported Operating Expenses for 18 years, with the latest figure at $128.0 million in Q3 2026.

• On a quarterly basis, Operating Expenses fell 14.84% year-over-year to $128.0 million in Q3 2026; TTM through Jul 2026 was $542.2 million, a 18.38% increase from a year earlier, with the FY2026 full-year figure at $509.6 million, up 25.33% from the prior year.
• Operating Expenses was $128.0 million for Q3 2026 at Semtech, down from $156.5 million in the prior quarter.
• The five-year high for Operating Expenses was $619.6 million in Q1 2024, with the low at $70.7 million in Q3 2022.
• Average Operating Expenses over 5 years is $152.5 million, with a median of $106.4 million recorded in 2023.
• The sharpest annual moves came in 2023 and 2025: Operating Expenses soared 466.68% in 2023, then plunged 82.36% in 2025.
• Over 5 years, 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 climbed by 4.11% to $107.4 million in 2025, then increased by 19.15% to $128.0 million in 2026.
• The last three Operating Expenses figures came in at $128.0 million (Q3 2026), $156.5 million (Q1 2026), and $107.4 million (Q4 2025), per Business Quant data.