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% quarter-over-quarter from $7.3 million in Q4 2025.
Semtech (SMTC) Tax Provisions (2009 - 2026) Analysis & Trends
Semtech's Tax Provisions history runs 18 years deep, the most recent figure standing at -$937000.0 for 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 for Q1 2026 stood at -$937000.0, 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.
- The 5-year median for Tax Provisions is $4.2 million (2024), against an average of $4.2 million.
- The sharpest annual moves came in 2024 and 2025: Tax Provisions soared 1388.42% in 2024, then plunged 892.23% in 2025.
- Semtech's Tax Provisions stood at $6.3 million in 2022, then plunged by 104.92% to -$311000.0 in 2023, then jumped by 1388.42% to $4.0 million in 2024, then jumped by 82.76% to $7.3 million in 2025, then slumped by 112.8% to -$937000.0 in 2026.
- Business Quant data shows SMTC's Tax Provisions at -$937000.0 in Q1 2026, $7.3 million in Q4 2025, and $4.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 10,848.43 Bn | 10,750.17 Bn | 23.77 Bn | 3.64 Bn |
| 2 | Nvidia | 5,220.28 Bn | 5,169.94 Bn | 61.16 Bn | 11.60 Bn |
| 3 | Broadcom | 1,746.09 Bn | 1,726.46 Bn | 15.42 Bn | 820.00 Mn |
| 4 | Micron Technology | 1,092.82 Bn | 1,066.80 Bn | 35.06 Bn | 4.98 Bn |
| 5 | Advanced Micro Devices | 773.31 Bn | 760.20 Bn | 6.20 Bn | 252.00 Mn |
| 6 | Intel | 459.59 Bn | 429.86 Bn | 6.51 Bn | 29.00 Mn |
| 7 | Arm Holdings | 259.13 Bn | 255.24 Bn | 1.25 Bn | 17.00 Mn |
| 8 | Texas Instruments | 241.28 Bn | 234.28 Bn | 3.35 Bn | 258.00 Mn |
| 9 | Marvell Technology | 209.48 Bn | 205.64 Bn | 1.26 Bn | 48.80 Mn |
| 10 | Semtech | 10.96 Bn | 10.76 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 |