Semtech (SMTC) Operating Income (2009 - 2026)

Semtech's Operating Income history runs 18 years deep, the most recent figure standing at -$18.3 million for Q1 2026.

• In Q1 2026, Operating Income fell 186.01% year-over-year to -$18.3 million; the TTM figure through Jan 2026 stood at $32.6 million (down 34.78% YoY), while the FY2026 annual figure was $32.6 million, down 34.78% from the prior year.
• Operating Income for Q1 2026 stood at -$18.3 million, down from $31.1 million in the prior quarter.
• The five-year high for Operating Income was $64.0 million in Q3 2022, with the low at -$620.0 million in Q1 2024.
• The 5-year median for Operating Income is $7.8 million (2024), against an average of -$42.7 million.
• The sharpest annual moves came in 2024 and 2025: Operating Income slumped 1013.85% in 2024, then jumped 1044.35% in 2025.
• Semtech's Operating Income stood at $37.4 million in 2022, then tumbled by 133.11% to -$12.4 million in 2023, then surged by 243.74% to $17.8 million in 2024, then jumped by 74.62% to $31.1 million in 2025, then sank by 158.82% to -$18.3 million in 2026.
• Business Quant data shows SMTC's Operating Income at -$18.3 million in Q1 2026, $31.1 million in Q4 2025, and -$16.2 million in Q3 2025.