Semtech (SMTC) Tax Rate (2009 - 2026)
Semtech (SMTC) posted Tax Rate of 185.43% for Q3 2026, down 6109.61% on a QoQ basis from 3.09% in Q1 2026, and down 16384.0% year-over-year from N/an in Q3 2025.
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Analysis
Semtech (SMTC) Tax Rate (2009 - 2026) Analysis & Trends
Semtech has reported Tax Rate for 18 years, with the latest figure at 185.43% in Q3 2026.
- On a quarterly basis, Tax Rate fell 16384.0% year-over-year to 185.43% in Q3 2026; TTM through Jul 2026 was 1380.62%, a 117664.0% decrease from a year earlier, with the FY2026 full-year figure at 93.64%, down 10564.0% from the prior year.
- Tax Rate was 185.43% for Q3 2026 at Semtech, down from 3.09% 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 31.32%, with a median of 1.95% recorded in 2023.
- The sharpest annual moves came in 2025 and 2026: Tax Rate plunged 50809 bps in 2025, then surged 51066 bps in 2026.
- Over 5 years, Tax Rate 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 plunged by 213 bps to 185.43% in 2026.
- The last three Tax Rate figures came in at 185.43% (Q3 2026), 3.09% (Q1 2026), and 164.75% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 2,246.74 Bn | 2,142.69 Bn | 27.22 Bn | 18.05% |
| 2 | Micron Technology | 1,101.07 Bn | 1,075.05 Bn | 35.06 Bn | 14.99% |
| 3 | Intel | 519.13 Bn | 505.00 Bn | 6.51 Bn | -0.27% |
| 4 | Texas Instruments | 245.39 Bn | 238.39 Bn | 3.35 Bn | 11.53% |
| 5 | Analog Devices | 183.54 Bn | 181.22 Bn | 2.71 Bn | 13.31% |
| 6 | NXP Semiconductors | 59.67 Bn | 56.81 Bn | 2.00 Bn | 19.40% |
| 7 | United Microelectronics | 57.00 Bn | 53.04 Bn | 706.26 Mn | -6.56% |
| 8 | STMicroelectronics | 45.78 Bn | 41.92 Bn | 1.22 Bn | -11.76% |
| 9 | Microchip Technology | 40.29 Bn | 40.02 Bn | 938.90 Mn | 20.73% |
| 10 | Semtech | 15.61 Bn | 15.40 Bn | 183.76 Mn | -185.43% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 26, 2026 | -185.43% |
| Jan 25, 2026 | 3.09% |
| Oct 26, 2025 | 164.75% |
| Jul 27, 2025 | -21.58% |
| Apr 27, 2025 | 32.11% |
| Jan 26, 2025 | -507.57% |
| Oct 27, 2024 | -112.34% |
| Jul 28, 2024 | -2.54% |
| Apr 28, 2024 | -14.60% |
| Jan 28, 2024 | 0.52% |
| Oct 29, 2023 | 0.81% |
| Jul 30, 2023 | -17.39% |
| Apr 30, 2023 | 7.59% |
| Jan 29, 2023 | 15.10% |
| 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% |