Semtech (SMTC) Tax Rate (2009 - 2026)
Semtech's quarterly Tax Rate came in at 3.09% in Q1 2026, up 51066.0% year-on-year from N/an in Q1 2025, and down 98.13% quarter-over-quarter from 164.75% in Q4 2025.
Semtech has reported Tax Rate for 18 years, with the latest figure at 3.09% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 51066.0% year-over-year to 3.09%; the trailing twelve-month figure through Jan 2026 stood at 93.64% (down 10564.0% YoY), and the FY2026 full-year result was 93.64%, down 10564.0% from the prior year.
- Tax Rate for Q1 2026 stood at 3.09%, down from 164.75% in the prior quarter.
- The five-year high for Tax Rate was 164.75% in Q4 2025, with the low at 507.57% in Q1 2025.
- Average Tax Rate over 5 years is 22.26%, with a median of 3.09% recorded in 2026.
- Year-over-year, Tax Rate sank 50809 bps in 2025 and soared 51066 bps in 2026.
- Tracing SMTC's Tax Rate over 5 years: stood at 21.74% in 2022, then plunged by 96 bps to 0.81% in 2023, then sank by 14025 bps to 112.34% in 2024, then surged by 247 bps to 164.75% in 2025, then slumped by 98 bps to 3.09% in 2026.
- The last three Tax Rate figures came in at 3.09% (Q1 2026), 164.75% (Q4 2025), and 21.58% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,449.54 Bn | 5,406.06 Bn | 61.16 Bn | 16.59 |
| 2 | Broadcom | 2,169.43 Bn | 2,155.26 Bn | 13.16 Bn | 10.32 |
| 3 | Micron Technology | 1,165.12 Bn | 1,150.53 Bn | 17.76 Bn | 14.67 |
| 4 | Advanced Micro Devices | 831.96 Bn | 819.61 Bn | 5.42 Bn | 14.84 |
| 5 | Intel | 549.93 Bn | 530.74 Bn | 5.35 Bn | -8.49 |
| 6 | Texas Instruments | 266.58 Bn | 261.48 Bn | 2.80 Bn | 9.86 |
| 7 | Qualcomm | 243.81 Bn | 234.01 Bn | 4.16 Bn | -230.20 |
| 8 | Analog Devices | 196.60 Bn | 193.16 Bn | 2.44 Bn | 11.21 |
| 9 | Marvell Technology | 188.85 Bn | 188.78 Bn | 1.26 Bn | 58.58 |
| 10 | Semtech | 13.21 Bn | 13.01 Bn | 138.27 Mn | 3.09 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 25, 2026 | 3.09 |
| Jan 25, 2026 | 3.09 |
| Oct 26, 2025 | 164.75 |
| Oct 26, 2025 | 164.75 |
| Jul 27, 2025 | -21.58 |
| Jul 27, 2025 | -21.58 |
| Apr 27, 2025 | 32.11 |
| Apr 27, 2025 | 32.11 |
| Jan 26, 2025 | -507.57 |
| Jan 26, 2025 | -507.57 |
| Oct 27, 2024 | -112.34 |
| Oct 27, 2024 | -112.34 |
| Jul 28, 2024 | -2.54 |
| Jul 28, 2024 | -2.54 |
| Apr 28, 2024 | -14.60 |
| Apr 28, 2024 | -14.60 |
| Jan 28, 2024 | 0.52 |
| Jan 28, 2024 | 0.52 |
| Oct 29, 2023 | 0.81 |
| Oct 29, 2023 | 0.81 |
| Jul 30, 2023 | -17.39 |
| Jul 30, 2023 | -17.39 |
| Apr 30, 2023 | 7.59 |
| Apr 30, 2023 | 7.59 |
| Jan 29, 2023 | 15.10 |
| Jan 29, 2023 | 15.10 |
| Oct 30, 2022 | 21.74 |
| Oct 30, 2022 | 21.74 |
| Jul 31, 2022 | 18.98 |
| Jul 31, 2022 | 18.98 |
| May 1, 2022 | 17.51 |
| May 1, 2022 | 17.51 |
| Jan 30, 2022 | 15.46 |
| Jan 30, 2022 | 15.46 |
| Oct 31, 2021 | 8.36 |
| Oct 31, 2021 | 8.36 |
| Aug 1, 2021 | 8.41 |
| Aug 1, 2021 | 8.41 |
| May 2, 2021 | 12.01 |
| May 2, 2021 | 12.01 |
| Jan 31, 2021 | 5.63 |
| Jan 31, 2021 | 5.63 |
| Oct 25, 2020 | 7.94 |
| Oct 25, 2020 | 7.94 |
| Jul 26, 2020 | -2.63 |
| Jul 26, 2020 | -2.63 |
| Apr 26, 2020 | 12.35 |
| Apr 26, 2020 | 12.35 |
| Jan 26, 2020 | 58.86 |
| Jan 26, 2020 | 58.86 |
| Oct 27, 2019 | 16.48 |
| Oct 27, 2019 | 16.48 |
| Jul 28, 2019 | 80.51 |
| Jul 28, 2019 | 80.51 |
| Apr 28, 2019 | -22.49 |
| Apr 28, 2019 | -22.49 |
| Jan 27, 2019 | 39.82 |
| Jan 27, 2019 | 39.82 |
| Oct 28, 2018 | -13.60 |
| Oct 28, 2018 | -13.60 |
| Jul 29, 2018 | 19.44 |
| Jul 29, 2018 | 19.44 |
| Apr 29, 2018 | 343.54 |
| Apr 29, 2018 | 343.54 |
| Jan 28, 2018 | 134.74 |
| Jan 28, 2018 | 134.74 |
| Oct 29, 2017 | 19.46 |
| Oct 29, 2017 | 19.46 |
| Jul 30, 2017 | 24.58 |
| Jul 30, 2017 | 24.58 |
| Apr 30, 2017 | 24.12 |
| Apr 30, 2017 | 24.12 |
| Jan 29, 2017 | 27.06 |
| Jan 29, 2017 | 27.06 |
| Oct 30, 2016 | 15.73 |
| Oct 30, 2016 | 15.73 |
| Jul 31, 2016 | 37.01 |
| Jul 31, 2016 | 37.01 |
| May 1, 2016 | 39.01 |
| May 1, 2016 | 39.01 |
| Jan 31, 2016 | -229.02 |
| Jan 31, 2016 | -229.02 |
| Oct 25, 2015 | 33.75 |
| Oct 25, 2015 | 33.75 |
| Jul 26, 2015 | 124.36 |
| Jul 26, 2015 | 124.36 |
| Apr 26, 2015 | 105.55 |
| Apr 26, 2015 | 105.55 |
| Jan 25, 2015 | -5.21 |
| Jan 25, 2015 | -5.21 |
| Oct 26, 2014 | 18.28 |
| Oct 26, 2014 | 18.28 |
| Jul 27, 2014 | 11.06 |
| Jul 27, 2014 | 11.06 |
| Apr 27, 2014 | 17.05 |
| Apr 27, 2014 | 17.05 |
| Jan 26, 2014 | -25.07 |
| Jan 26, 2014 | -25.07 |
| Oct 27, 2013 | -11.31 |
| Oct 27, 2013 | -11.31 |
| Jul 28, 2013 | -39.76 |
| Jul 28, 2013 | -39.76 |
| Apr 28, 2013 | 2.85 |
| Apr 28, 2013 | 2.85 |
| Jan 27, 2013 | -64.00 |
| Jan 27, 2013 | -64.00 |
| Oct 28, 2012 | -15.71 |
| Oct 28, 2012 | -15.71 |
| Jul 29, 2012 | 860.97 |
| Jul 29, 2012 | 860.97 |
| Apr 29, 2012 | 110.64 |
| Apr 29, 2012 | 110.64 |
| Jan 29, 2012 | -0.37 |
| Jan 29, 2012 | -0.37 |
| Oct 30, 2011 | -12.58 |
| Oct 30, 2011 | -12.58 |
| Jul 31, 2011 | 14.64 |
| Jul 31, 2011 | 14.64 |
| May 1, 2011 | 13.42 |
| May 1, 2011 | 13.42 |
| Jan 30, 2011 | -1.52 |
| Jan 30, 2011 | -1.52 |
| Oct 31, 2010 | 8.06 |
| Oct 31, 2010 | 8.06 |
| Aug 1, 2010 | 14.57 |
| Aug 1, 2010 | 14.57 |
| May 2, 2010 | 18.07 |
| May 2, 2010 | 18.07 |
| Jan 31, 2010 | -68.24 |
| Jan 31, 2010 | -68.24 |
| Oct 25, 2009 | 282.31 |
| Oct 25, 2009 | 282.31 |
| Jul 26, 2009 | 16.20 |
| Jul 26, 2009 | 16.20 |