Semtech (SMTC) Operating Income (2009 - 2026)

Semtech (SMTC) has reported Operating Income for 18 consecutive years, with -$18.3 million the latest figure, recorded in 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 came in at -$18.3 million for Q1 2026 at Semtech, 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.
• Average Operating Income over 5 years is -$42.7 million, with a median of $7.8 million recorded in 2024.
• Across the five-year window, Operating Income plunged 1013.85% in 2024 and surged 1044.35% in 2025, its largest moves.
• Year by year, Operating Income stood at $37.4 million in 2022, then sank by 133.11% to -$12.4 million in 2023, then soared by 243.74% to $17.8 million in 2024, then surged by 74.62% to $31.1 million in 2025, then tumbled by 158.82% to -$18.3 million in 2026.
• According to Business Quant data, Operating Income over the past three periods registered -$18.3 million, $31.1 million, and -$16.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.