Semtech (SMTC) Research & Development (2009 - 2026)
Semtech (SMTC) recorded Research & Development of $60.58 million in fiscal Q2 2027 (quarter ended Jul 26, 2026), up 25.7% from $48.2 million a year earlier.
Powered by 
Analysis
Semtech (SMTC) Research & Development (2009 - 2026) Analysis & Trends
On a TTM basis, Semtech's Research & Development came in at $209.4 million as of Jul 26, 2026, up 13.2% year-over-year; for FY2026 (ended Jan 25, 2026), it came in at $196.35 million, up 14.9% from FY2025.
- Annual Research & Development has a five-year compound annual growth rate of 10.8% (FY2021 to FY2026).
- Across earlier fiscal years, Research & Development came in at $170.91 million in FY2025 (-8.3%), $186.45 million in FY2024 (+11.7%), $166.95 million in FY2023 (+12.9%) and $147.93 million in FY2022 (+25.9%).
- The fiscal Q2 2027 figure is the highest quarterly Research & Development in data going back to fiscal Q2 2010.
- On a year-over-year basis, Research & Development rose in six of the last seven quarters, with growth averaging 12.7%.
- Peak year-over-year performance for Research & Development in the last five years was growth of 37.1% in fiscal Q4 2023, against a decline of 20.9% in fiscal Q4 2024 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,478.79 Bn | 5,252.95 Bn | 72.14 Bn | 7.05 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,307.33 Bn | 1,926.59 Bn | 27.22 Bn | 2.31 Bn |
| 3 | Broadcom | 1,692.26 Bn | 1,618.31 Bn | 20.46 Bn | 2.90 Bn |
| 4 | Micron Technology | 1,116.28 Bn | 1,021.92 Bn | 47.05 Bn | 1.91 Bn |
| 5 | Advanced Micro Devices | 970.34 Bn | 927.09 Bn | 6.20 Bn | 2.53 Bn |
| 6 | Asml Holding | 680.68 Bn | 636.37 Bn | 5.90 Bn | - |
| 7 | Intel | 517.24 Bn | 386.37 Bn | 6.51 Bn | 3.37 Bn |
| 8 | Applied Materials | 395.12 Bn | 360.56 Bn | 4.59 Bn | 1.10 Bn |
| 9 | Lam Research | 388.55 Bn | 365.34 Bn | 3.48 Bn | 642.92 Mn |
| 10 | Semtech | 15.68 Bn | 14.95 Bn | 183.76 Mn | 60.58 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 26, 2026 | 60.58 Mn |
| Jan 25, 2026 | 51.22 Mn |
| Oct 26, 2025 | 49.40 Mn |
| Jul 27, 2025 | 48.20 Mn |
| Apr 27, 2025 | 47.53 Mn |
| Jan 26, 2025 | 46.66 Mn |
| Oct 27, 2024 | 42.56 Mn |
| Jul 28, 2024 | 40.08 Mn |
| Apr 28, 2024 | 41.60 Mn |
| Jan 28, 2024 | 41.51 Mn |
| Oct 29, 2023 | 46.91 Mn |
| Jul 30, 2023 | 47.43 Mn |
| Apr 30, 2023 | 50.60 Mn |
| Jan 29, 2023 | 52.50 Mn |
| Oct 30, 2022 | 35.06 Mn |
| Jul 31, 2022 | 40.60 Mn |
| May 1, 2022 | 38.79 Mn |
| Jan 30, 2022 | 38.29 Mn |
| Oct 31, 2021 | 37.35 Mn |
| Aug 1, 2021 | 35.50 Mn |
API Access
Semtech Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=SMTC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "SMTC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=SMTC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();