Semtech (SMTC) Tax Provisions (2009 - 2026)
Semtech (SMTC) posted quarterly Tax Provisions of -$937000.0 for Q1 2026, up 97.18% year-over-year from -$475207.9 in Q1 2025, and down 112.8% on a QoQ basis from $7.3 million in Q4 2025.
Semtech (SMTC) Tax Provisions (2009 - 2026) Analysis & Trends
Semtech (SMTC) has reported Tax Provisions for 18 consecutive years, with -$937000.0 the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions rose 97.18% year-over-year to -$937000.0; the TTM figure through Jan 2026 stood at $19.8 million (up 190.1% YoY), while the FY2026 annual figure was $19.8 million, up 190.1% from the prior year.
- Tax Provisions came in at -$937000.0 for Q1 2026 at Semtech, down from $7.3 million in the prior quarter.
- The five-year high for Tax Provisions was $56.6 million in Q3 2023, with the low at -$33.2 million in Q1 2025.
- Average Tax Provisions over 5 years is $4.2 million, with a median of $4.2 million recorded in 2024.
- Across the five-year window, Tax Provisions jumped 1388.42% in 2024 and slumped 892.23% in 2025, its largest moves.
- Year by year, Tax Provisions stood at $6.3 million in 2022, then slumped by 104.92% to -$311000.0 in 2023, then surged by 1388.42% to $4.0 million in 2024, then surged by 82.76% to $7.3 million in 2025, then plunged by 112.8% to -$937000.0 in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered -$937000.0, $7.3 million, and $4.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 4,798.43 Bn | 4,754.95 Bn | 61.16 Bn | 11.60 Bn |
| 2 | Micron Technology | 1,164.41 Bn | 1,138.39 Bn | 35.06 Bn | 4.98 Bn |
| 3 | Advanced Micro Devices | 882.18 Bn | 869.83 Bn | 5.42 Bn | 238.00 Mn |
| 4 | Intel | 645.64 Bn | 626.45 Bn | 5.35 Bn | 335.00 Mn |
| 5 | Aeluma | 370.26 Bn | 370.22 Bn | 386,000.00 | - |
| 6 | Arm Holdings | 358.73 Bn | 355.13 Bn | 1.46 Bn | -168.00 Mn |
| 7 | Texas Instruments | 271.25 Bn | 266.15 Bn | 2.80 Bn | 169.00 Mn |
| 8 | Marvell Technology | 239.95 Bn | 236.10 Bn | 1.26 Bn | 48.80 Mn |
| 9 | Qualcomm | 193.93 Bn | 184.13 Bn | 4.16 Bn | -5.14 Bn |
| 10 | Semtech | 12.99 Bn | 12.80 Bn | 138.27 Mn | -937,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 25, 2026 | -937,000.00 |
| Oct 26, 2025 | 7.32 Mn |
| Jul 27, 2025 | 4.79 Mn |
| Apr 27, 2025 | 8.65 Mn |
| Jan 26, 2025 | -33.19 Mn |
| Oct 27, 2024 | 4.01 Mn |
| Jul 28, 2024 | 4.22 Mn |
| Apr 28, 2024 | 2.96 Mn |
| Jan 28, 2024 | -3.35 Mn |
| Oct 29, 2023 | -311,000.00 |
| Jul 30, 2023 | 56.59 Mn |
| Apr 30, 2023 | -2.42 Mn |
| Jan 29, 2023 | -9.07 Mn |
| Oct 30, 2022 | 6.33 Mn |
| Jul 31, 2022 | 12.02 Mn |
| May 1, 2022 | 8.07 Mn |
| Jan 30, 2022 | 6.36 Mn |
| Oct 31, 2021 | 3.02 Mn |
| Aug 1, 2021 | 2.96 Mn |
| May 2, 2021 | 3.20 Mn |