SEMTECH CORP

SMTC · XNAS

CIK 88941fmd_0QBVTZQ2DWJC856NHBZM4V1AYMManufacturing · Semiconductors & Related DevicesTemplate: Standard

Coverage: Jan 28, 2008 to Apr 26, 2026, 70 periods

Income Statement · Annual · Millions · USD
Line item	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Total revenues	544	588	627	548	595	741	757	869	909	1,050
Cost of revenue	219	236	250	211	239	280	278	573	453	508
Net interest income	(9)	(8)	(9)	(9)	(5)	(5)	–	–	–	–
Gross profit	325	352	377	337	356	461	479	296	457	542
Research and development	103	105	109	107	118	148	167	186	171	196
Selling, general and administrative	139	148	145	163	163	168	225	220	222	222
Total operating expenses	241	285	272	285	281	316	386	1,241	407	510
Operating income	84	67	105	52	75	145	93	(944)	50	33
Interest expense	–	7	9	9	5	5	18	96	90	41
Interest and investment income	0	–	–	–	–	–	–	–	–	–
Other non-operating income (expense)	(2)	3	4	3	(2)	(1)	(1)	(1)	0	(5)
Income before taxes	73	58	70	45	63	139	78	(1,042)	(183)	(21)
Income tax expense	18	23	0	13	3	16	17	51	(22)	20
Net income from continuing operations	55	35	70	32	60	124	61	(1,092)	(161)	(41)
Net income	55	35	70	32	60	126	61	(1,092)	(162)	(40)
Net income to common shareholders	–	35	70	32	–	–	–	–	–	–