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
DateValue
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