Cash Flow Statement
Growth Metrics

Semtech (SMTC) Operating Income (2016 - 2026)

Semtech has reported Operating Income over the past 18 years, most recently at -$18.3 million for Q1 2026.

  • For Q1 2026, Operating Income fell 186.01% year-over-year to -$18.3 million; the TTM value through Jan 2026 reached $32.6 million, down 34.78%, while the annual FY2026 figure was $32.6 million, 34.78% down from the prior year.
  • Operating Income for Q1 2026 was -$18.3 million at Semtech, down from $31.1 million in the prior quarter.
  • Over five years, Operating Income peaked at $64.0 million in Q3 2022 and troughed at -$620.0 million in Q1 2024.
  • A 5-year average of -$42.7 million and a median of $7.8 million in 2024 define the central range for Operating Income.
  • Biggest five-year swings in Operating Income: crashed 1013.85% in 2024 and later surged 1044.35% in 2025.
  • Year by year, Operating Income stood at $37.4 million in 2022, then plummeted by 133.11% to -$12.4 million in 2023, then surged by 243.74% to $17.8 million in 2024, then skyrocketed by 74.62% to $31.1 million in 2025, then plummeted by 158.82% to -$18.3 million in 2026.
  • Business Quant data shows Operating Income for SMTC at -$18.3 million in Q1 2026, $31.1 million in Q4 2025, and -$16.2 million in Q3 2025.