Every 10-Q that Semtech Corp (SMTC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow SMTC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SMTC filings page.
Semtech Corporation (SMTC) reported markedly stronger results for the quarter ended July 26, 2026. Net sales rose to $341.9 million from $257.6 million a year earlier, and operating income improved to $55.8 million from a loss of $16.2 million, helped by higher gross profit and the absence of last year’s goodwill impairment.
After a large tax benefit driven primarily by a $112.4 million release of U.S. deferred tax valuation allowances, net income reached $160.1 million versus a loss of $27.1 million, with diluted EPS of $1.59. For the first six months, net sales were $632.9 million and net income was $186.7 million, compared with $508.6 million and a loss of $7.7 million in the prior-year period.
Operating cash flow for the first half increased to $105.1 million from $72.2 million, and cash and cash equivalents were $204.1 million. Total assets were $1.65 billion, including $478.2 million of goodwill. Semtech classified its cellular module business as held for sale with $132.2 million of assets and $70.7 million of liabilities and subsequently entered into a definitive divestiture agreement. Long-term funding consists mainly of $503.0 million of convertible notes; a new $360.0 million revolving credit facility maturing in 2031 was put in place and remained undrawn.
Semtech Corporation reported higher results for the quarter ended April 26, 2026. Total net sales were $291.0 million, up from $251.1 million a year earlier, driven mainly by product revenue. Gross profit rose to $151.5 million while operating income declined to $25.8 million as product development and selling, general and administrative expenses increased.
Net income improved to $26.6 million, compared with $19.3 million in the prior-year quarter, with diluted earnings per share of $0.27. Operating cash flow was $36.2 million. The company ended the quarter with $163.3 million in cash and cash equivalents, total debt of $503.0 million largely from convertible notes, and access to $451.6 million of undrawn revolving credit capacity.
Semtech Corporation reported higher sales but a small loss for the quarter ended October 26, 2025. Total net sales rose to $266.9 million from $236.8 million a year earlier, driven mainly by product revenue growth. Gross profit increased to $138.5 million, while operating income nearly doubled to $31.1 million from $17.8 million, reflecting better scale despite continued high R&D and selling costs.
The company still posted a quarterly net loss of $2.9 million, though this was much improved from a $7.6 million loss in the prior-year period. For the first nine months, net sales reached $775.6 million with a loss of $10.6 million, significantly better than the prior-year loss that included a large debt extinguishment charge. Operating cash flow strengthened to $119.7 million, and cash and equivalents were $164.7 million with long-term debt of $503.0 million. Earlier in the year Semtech recorded a $42.0 million goodwill impairment in its IoT Systems and Connectivity segment, and subsequently acquired a force-sensing technology portfolio for immaterial cash consideration to broaden its sensing offerings.
Semtech Corporation (SMTC) reported interim results in its Form 10-Q covering the quarter ended July 27, 2025. The company disclosed a $42.0 million pre-tax non-cash goodwill impairment charge related to its IoT Connectivity Services reporting unit driven by reduced earnings forecasts. Liquidity available includes $168.6 million in cash and $451.6 million of undrawn capacity on a $455.0 million revolving credit facility, and as of the period had $146.2 million outstanding on Term Loans. The company remains in compliance with credit covenants and has made prepayments on Term Loans in fiscal 2026. Material items disclosed include active litigation and securities class and derivative actions, environmental remediation accruals currently estimated between $0.1 million and $1.6 million remaining, convertible notes (2027 and 2028) with potential conversion windows, and outstanding warrants and hedge transactions. Management notes dependence on distributors and significant international sales and supplier footprint.