Cash Flow Statement
Growth Metrics

Semtech (SMTC) Operating Margin (2016 - 2026)

Semtech has reported Operating Margin over the past 18 years, most recently at 6.66% for Q1 2026.

  • For Q1 2026, Operating Margin fell 1512.0% year-over-year to 6.66%; the TTM value through Jan 2026 reached 3.1%, down 239.0%, while the annual FY2026 figure was 3.1%, 239.0% down from the prior year.
  • Operating Margin for Q1 2026 was 6.66% at Semtech, down from 11.63% in the prior quarter.
  • Over five years, Operating Margin peaked at 30.6% in Q3 2022 and troughed at 321.31% in Q1 2024.
  • A 5-year average of 21.18% and a median of 3.61% in 2024 define the central range for Operating Margin.
  • Biggest five-year swings in Operating Margin: crashed -28808bps in 2024 and later soared 32977bps in 2025.
  • Year by year, Operating Margin stood at 21.04% in 2022, then tumbled by -129bps to 6.16% in 2023, then surged by 222bps to 7.51% in 2024, then surged by 55bps to 11.63% in 2025, then tumbled by -157bps to 6.66% in 2026.
  • Business Quant data shows Operating Margin for SMTC at 6.66% in Q1 2026, 11.63% in Q4 2025, and 6.29% in Q3 2025.