SEMTECH CORP (SMTC) FY2027 Q2 P&L / Income Statement

Revenue by Business Segment

2026-04-27 to 2026-07-26

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SEMTECH CORP (SMTC) FY2027 Q2 P&L / Income StatementIncome statement for 2026-04-27 through 2026-07-26. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETSignal IntegrityAnalog Mixed Signal and WirelessIoT Systems and ConnectivityNet salesGross profitCost of salesOperating income (loss)Total operating expenses, netSelling, general and administrativeProduct development and engineeringIntangible amortizationRestructuringIncome (loss) before taxes and equity method income (loss)Other income (expense), net (calculated)Net income (loss)(Benefit) provision for income taxesEquity method income (loss)(Benefit) provision for income taxes(Benefit) provisionfor income taxes−$101.36 MEquity method income (loss)Equity methodincome (loss)$4.10 MOperating income (loss)Operatingincome (loss)$55.77 MNet salesNet sales$341.87 MGross profitGross profit$183.76 MNet income (loss)Net income (loss)$160.12 MSignal IntegritySignal Integrity$126.17 MIncome (loss) before taxes and equity method income (loss)Income (loss) beforetaxes and equitymethod income (loss)$54.66 MTotal operating expenses, netTotal operatingexpenses, net$127.99 MSelling, general and administrativeSelling, general and administrative$67.33 MOther income (expense), net (calculated)Other income,net (calculated)−$1.11 MAnalog Mixed Signal and WirelessAnalog Mixed Signal and Wireless$117.35 MCost of salesCost of sales$158.11 MProduct development and engineeringProduct developmentand engineering$60.58 MIoT Systems and ConnectivityIoT Systems and Connectivity$98.35 MIntangible amortizationIntangible amortization$396.00 KRestructuringRestructuring−$312.00 K
Chart details

SEMTECH CORP (SMTC) FY2027 Q2 P&L / Income Statement

Income statement for 2026-04-27 through 2026-07-26. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Net sales
341,871,000 US dollars
Cost of sales
158,107,000 US dollars
Gross profit
183,764,000 US dollars
Total operating expenses, net
127,992,000 US dollars
Operating income (loss)
55,772,000 US dollars
Other income (expense), net (calculated)
negative 1,108,000 US dollars
Income (loss) before taxes and equity method income (loss)
54,664,000 US dollars
(Benefit) provision for income taxes
negative 101,361,000 US dollars
Net income (loss)
160,121,000 US dollars
Signal Integrity
126,173,000 US dollars
Analog Mixed Signal and Wireless
117,352,000 US dollars
IoT Systems and Connectivity
98,346,000 US dollars
Product development and engineering
60,577,000 US dollars
Goodwill impairment
0 US dollars
Intangible amortization
396,000 US dollars
Selling, general and administrative
67,331,000 US dollars
Restructuring
negative 312,000 US dollars
Equity method income (loss)
4,096,000 US dollars. Reported below-tax contribution to net income.

Chart connections

  • Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
SEMTECH CORP (SMTC) FY2027 Q2 P&L / Income Statement Sankey chart
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Gross margin

53.8%

Gross profit / revenue

Operating margin

16.3%

Operating profit / revenue

Cash conversion

43.0%

Operating cash / net income, same period

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