Semtech (SMTC) Research & Development (2009 - 2026)
Semtech (SMTC) posted Research & Development of $60.6 million for Q3 2026, up 18.28% on a QoQ basis from $51.2 million in Q1 2026, and up 25.68% year-over-year from $48.2 million in Q3 2025.
Analysis
Semtech (SMTC) Research & Development (2009 - 2026) Analysis & Trends
Semtech has reported Research & Development for 18 years, with the latest figure at $60.6 million in Q3 2026.
- On a quarterly basis, Research & Development rose 25.68% year-over-year to $60.6 million in Q3 2026; TTM through Jul 2026 was $209.4 million, a 13.22% increase from a year earlier, with the FY2026 full-year figure at $196.3 million, up 14.89% from the prior year.
- Research & Development was $60.6 million for Q3 2026 at Semtech, up from $51.2 million in the prior quarter.
- The five-year high for Research & Development was $60.6 million in Q3 2026, with the low at $35.1 million in Q4 2022.
- Average Research & Development over 5 years is $45.5 million, with a median of $46.8 million recorded in 2023.
- The sharpest annual moves came in 2023 and 2024: Research & Development surged 37.11% in 2023, then dropped 20.95% in 2024.
- Over 5 years, Research & Development stood at $35.1 million in 2022, then surged by 33.82% to $46.9 million in 2023, then fell by 9.27% to $42.6 million in 2024, then grew by 16.07% to $49.4 million in 2025, then advanced by 22.62% to $60.6 million in 2026.
- The last three Research & Development figures came in at $60.6 million (Q3 2026), $51.2 million (Q1 2026), and $49.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 2,246.74 Bn | 2,142.69 Bn | 27.22 Bn | 2.31 Bn |
| 2 | Micron Technology | 1,101.07 Bn | 1,075.05 Bn | 35.06 Bn | 1.32 Bn |
| 3 | Intel | 519.13 Bn | 505.00 Bn | 6.51 Bn | 3.37 Bn |
| 4 | Texas Instruments | 245.39 Bn | 238.39 Bn | 3.35 Bn | 535.00 Mn |
| 5 | Analog Devices | 183.54 Bn | 181.22 Bn | 2.71 Bn | 533.48 Mn |
| 6 | NXP Semiconductors | 59.67 Bn | 56.81 Bn | 2.00 Bn | 604.00 Mn |
| 7 | United Microelectronics | 57.00 Bn | 53.04 Bn | 706.26 Mn | -150.19 Mn |
| 8 | STMicroelectronics | 45.78 Bn | 41.92 Bn | 1.22 Bn | -551.00 Mn |
| 9 | Microchip Technology | 40.29 Bn | 40.02 Bn | 938.90 Mn | 308.90 Mn |
| 10 | Semtech | 15.61 Bn | 15.40 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 |