Semtech (SMTC) Tax Rate (2009 - 2026)
Semtech (SMTC) posted quarterly Tax Rate of 3.09% for Q1 2026, up 51066.0% year-over-year from N/an in Q1 2025, and down 98.13% on a QoQ basis from 164.75% in Q4 2025.
Semtech (SMTC) Tax Rate (2009 - 2026) Analysis & Trends
Semtech (SMTC) has reported Tax Rate for 18 consecutive years, with 3.09% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate rose 51066.0% year-over-year to 3.09%; the TTM figure through Jan 2026 stood at 93.64% (down 10564.0% YoY), while the FY2026 annual figure was 93.64%, down 10564.0% from the prior year.
- Tax Rate came in at 3.09% for Q1 2026 at Semtech, 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.
- Across the five-year window, Tax Rate slumped 50809 bps in 2025 and jumped 51066 bps in 2026, its largest moves.
- Year by year, Tax Rate stood at 21.74% in 2022, then slumped by 96 bps to 0.81% in 2023, then tumbled by 14025 bps to 112.34% in 2024, then jumped by 247 bps to 164.75% in 2025, then plunged by 98 bps to 3.09% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 3.09%, 164.75%, and 21.58% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 4,798.43 Bn | 4,754.95 Bn | 61.16 Bn | 16.59% |
| 2 | Micron Technology | 1,164.41 Bn | 1,138.39 Bn | 35.06 Bn | 14.99% |
| 3 | Advanced Micro Devices | 882.18 Bn | 869.83 Bn | 5.42 Bn | 14.84% |
| 4 | Intel | 645.64 Bn | 626.45 Bn | 5.35 Bn | -8.49% |
| 5 | Aeluma | 370.26 Bn | 370.22 Bn | 386,000.00 | - |
| 6 | Arm Holdings | 358.73 Bn | 355.13 Bn | 1.46 Bn | -34.93% |
| 7 | Texas Instruments | 271.25 Bn | 266.15 Bn | 2.80 Bn | 9.86% |
| 8 | Marvell Technology | 239.95 Bn | 236.10 Bn | 1.26 Bn | 58.58% |
| 9 | Qualcomm | 193.93 Bn | 184.13 Bn | 4.16 Bn | -230.20% |
| 10 | Semtech | 12.99 Bn | 12.80 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% |