Semtech SMTC
NASDAQ SMTC
$103.21 +11.67 (+12.75%)
At close: Nov 6, 2026 · 4:00 PM EST

Semtech (SMTC) Tax Rate (2009 - 2026)

Updated

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.

Analysis

Semtech (SMTC) Tax Rate (2009 - 2026) 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 4,516.52 Bn 4,290.68 Bn 72.14 Bn 16.53%
2 Taiwan Semiconductor Manufacturing 1,945.01 Bn 1,569.87 Bn 27.22 Bn 18.05%
3 Broadcom 1,397.97 Bn 1,324.02 Bn 20.46 Bn 14.32%
4 Micron Technology 778.23 Bn 683.86 Bn 47.05 Bn 14.88%
5 Advanced Micro Devices 731.93 Bn 680.14 Bn 7.21 Bn -
6 Asml Holding 553.38 Bn 509.07 Bn 5.90 Bn -
7 Intel 294.27 Bn 140.33 Bn 7.10 Bn 11.60%
8 Applied Materials 264.14 Bn 229.58 Bn 4.59 Bn 12.69%
9 Texas Instruments 253.31 Bn 228.18 Bn 3.89 Bn 13.55%
10 Semtech 9.67 Bn 8.94 Bn 183.76 Mn -
Historic Data

Historic Data

Download Data
DateValue
Apr 26, 2026 0.45%
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%
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_KEY