Semtech (SMTC) Tax Rate (2009 - 2025)
Semtech's Tax Rate was -185.43% in fiscal Q2 2027 (quarter ended Jul 26, 2026), down 163.84 percentage points from -21.58% a year earlier.
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Analysis
Semtech (SMTC) Tax Rate (2009 - 2025) Analysis & Trends
On a trailing twelve-month basis, Semtech's Tax Rate was -1380.62% through Jul 26, 2026, down 1176.64 percentage points year-over-year; for FY2026 (ended Jan 25, 2026), it was -93.64%, down 105.64 percentage points from FY2025.
- Tax Rate shows a five-year change of -99.09 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Tax Rate was 12.00% in FY2025 (+16.86 pp), -4.85% in FY2024 (-26.95 pp), 22.10% in FY2023 (+10.93 pp) and 11.17% in FY2022 (+5.72 pp).
- The fiscal Q2 2027 figure marks the lowest quarterly Tax Rate since fiscal Q4 2025.
- Compared with a year earlier, Tax Rate was higher in three of the last seven quarters, with an average year-over-year change of +4.33 percentage points.
- The best year-over-year quarter for Tax Rate over five years was fiscal Q4 2026 (a gain of 510.66 percentage points); the worst was fiscal Q4 2025 (a drop of 508.09 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,478.79 Bn | 5,252.95 Bn | 72.14 Bn | 16.53% |
| 2 | Taiwan Semiconductor Manufacturing | 2,307.33 Bn | 1,926.59 Bn | 27.22 Bn | 18.05% |
| 3 | Broadcom | 1,692.26 Bn | 1,618.31 Bn | 20.46 Bn | 14.32% |
| 4 | Micron Technology | 1,116.28 Bn | 1,021.92 Bn | 47.05 Bn | 14.88% |
| 5 | Advanced Micro Devices | 970.34 Bn | 927.09 Bn | 6.20 Bn | 9.88% |
| 6 | Asml Holding | 680.68 Bn | 636.37 Bn | 5.90 Bn | - |
| 7 | Intel | 517.24 Bn | 386.37 Bn | 6.51 Bn | - |
| 8 | Applied Materials | 395.12 Bn | 360.56 Bn | 4.59 Bn | 12.69% |
| 9 | Lam Research | 388.55 Bn | 365.34 Bn | 3.48 Bn | 10.87% |
| 10 | Semtech | 15.68 Bn | 14.95 Bn | 183.76 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Oct 26, 2025 | 164.75% |
| Apr 27, 2025 | 32.11% |
| Oct 30, 2022 | 21.74% |
| Jul 31, 2022 | 18.98% |
| May 1, 2022 | 17.51% |
| Jan 30, 2022 | 15.46% |
| Oct 31, 2021 | 8.36% |
| Aug 1, 2021 | 8.41% |
| May 2, 2021 | 12.01% |
| Jan 31, 2021 | 5.63% |
| Oct 25, 2020 | 7.94% |
| Apr 26, 2020 | 12.35% |
| Jan 26, 2020 | 58.86% |
| Oct 27, 2019 | 16.48% |
| Jul 28, 2019 | 80.51% |
| Jan 27, 2019 | 39.82% |
| Jul 29, 2018 | 19.44% |
| Jan 28, 2018 | 134.74% |
| Oct 29, 2017 | 19.46% |
| Jul 30, 2017 | 24.58% |
API Access
Semtech Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=SMTC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "SMTC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=SMTC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();