Semtech (SMTC) Tops Q2 EPS by 1c, Offers Guidance

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Semtech Announces Second Quarter of Fiscal Year 2026 Results

August 25, 2025 4:05 PM EDT

Record net sales of $257.6 million, representing 20% year-over-year growth GAAP gross margin of 52.1%, up from 49.0% a year ago and Non-GAAP adjusted gross margin of 53.2%, up from 50.4% a year ago GAAP operating margin of (6.3)% compared to 3.6% a year ago and Non-GAAP adjusted operating margin of 18.8% compared to 14.2% a year ago GAAP diluted loss per share of $0.31 compared to a diluted loss per share of $2.61 a year ago and Non-GAAP adjusted diluted earnings per share of $0.41 compared to $0.11 a year ago

CAMARILLO, Calif.--(BUSINESS WIRE)-- Semtech Corporation (Nasdaq:... More