For the year ending 2026-01-25, SMTC made $1,049,975K in revenue. -$40,376K in net income. Net profit margin of -3.85%.
| Income Statement | 2026-01-25 | 2025-01-26 | 2024-01-28 | 2023-01-29 |
|---|---|---|---|---|
| Total net sales | 1,049,975 | 909,287 | 868,758 | 756,533 |
| Cost of sales-Product | 448,642 | 394,268 | - | - |
| Cost of sales-Service | 49,996 | 49,385 | - | - |
| Amortization of acquired technology | 9,193 | 9,106 | 33,716 | 5,661 |
| Cost of sales | - | - | 447,000 | 272,314 |
| Acquired technology impairments | 0 | 0 | 91,792 | - |
| Total cost of sales | 507,831 | 452,759 | 572,508 | 277,975 |
| Gross profit | 542,144 | 456,528 | 296,250 | 478,558 |
| Product developmentand engineering | 196,348 | 170,908 | 186,450 | 167,450 |
| Goodwill Impairment Loss | - | 7,490 | - | - |
| Gain on sale of business | - | 0 | 0 | 18,313 |
| Changes in the fair value of contingent earn-out obligations | - | - | 0 | 0 |
| Selling, generaland administrative | 221,852 | 222,368 | 220,220 | 235,801 |
| Intangible amortization | 631 | 884 | 14,913 | 821 |
| Restructuring | 4,186 | 4,944 | 23,775 | - |
| Intangible impairment | 1,777 | 0 | 39,593 | - |
| Impairment of goodwill | 84,785 | 7,500 | 755,621 | - |
| Total operating expenses, net | 509,579 | 406,594 | 1,240,572 | 385,759 |
| Operating income (loss) | 32,565 | 49,934 | -944,322 | 92,799 |
| Interest expense | 40,618 | 90,067 | 95,813 | 17,646 |
| Interest income | 2,522 | 2,302 | 3,051 | 5,801 |
| Loss on extinguishment of debt | 0 | -144,688 | - | - |
| Non-operating (expense) income, net | -5,262 | 267 | -542 | -1,331 |
| Investment impairments and credit loss reserves, net | 10,387 | 1,109 | 3,929 | 1,156 |
| Loss before taxes and equity method income (loss) | -21,180 | -183,361 | -1,041,555 | 78,467 |
| Provision (benefit) for income taxes | 19,832 | -22,012 | 50,519 | 17,344 |
| Net loss before equity method income (loss) | -41,012 | -161,349 | -1,092,074 | 61,123 |
| Equity method income (loss) | 636 | -547 | 45 | 249 |
| Net loss | -40,376 | -161,896 | -1,092,029 | 61,372 |
| Net income attributable to noncontrolling interest | 0 | 0 | 1 | -8 |
| Net loss attributable to common stockholders | -40,376 | -161,896 | -1,092,030 | 61,380 |
| Basic EPS | -0.46 | -2.26 | -17.03 | 0.96 |
| Diluted EPS | -0.46 | -2.26 | -17.03 | 0.96 |
| Basic Average Shares | 88,374,000 | 71,606,000 | 64,127,000 | 63,770,000 |
| Diluted Average Shares | 88,374,000 | 71,606,000 | 64,127,000 | 64,013,000 |
SEMTECH CORP (SMTC)
SEMTECH CORP (SMTC)