Semtech (SMTC) Tops Q4 EPS by 1c, Beats on Revenue; Offers Q1 Guidance
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Semtech Announces Fourth Quarter and Fiscal Year 2026 Results
March 16, 2026 4:05 PM EDTFourth Quarter of Fiscal Year 2026
Record net sales of $274.4 million, up 3% sequentially and up 9% year-over-year GAAP gross margin of 50.4% and Non-GAAP adjusted gross margin of 51.6% GAAP operating margin of (6.7)% and Non-GAAP adjusted operating margin of 18.2% GAAP diluted loss per share of $0.32 and Non-GAAP adjusted diluted earnings per share of $0.44 Operating cash flow of $61.5 million and free cash flow of $59.1 millionFiscal Year 2026
Record net sales of $1.05 billion, up 15% year-over-year GAAP gross margin of 51.6%, up 140 basis points from fiscal year 2025 and Non-GAAP adjusted... More