Semtech annual operating expenses
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Semtech Operating Expenses Growth & History (SMTC)
Semtech's operating expenses was $509.6M for fiscal 2025.
View full Semtech company overviewSemtech annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2026-01-25 | $509.6M | $103.0M | +25.33% |
| 2024 | 2025-01-26 | $406.6M | −$834.0M | −67.23% |
| 2023 | 2024-01-28 | $1.24B | $854.8M | +221.59% |
| 2022 | 2023-01-29 | $385.8M | $69.6M | +22.03% |
| 2021 | 2022-01-30 | $316.1M | $35.2M | +12.53% |
| 2020 | 2021-01-31 | $280.9M | −$3.8M | −1.32% |
| 2019 | 2020-01-26 | $284.7M | $13.2M | +4.84% |
| 2018 | 2019-01-27 | $271.5M | −$13.8M | −4.85% |
| 2017 | 2018-01-28 | $285.4M | $44.6M | +18.51% |
| 2016 | 2017-01-29 | $240.8M | −$22.3M | −8.49% |
| 2015 | 2016-01-31 | $263.1M | −$23.4M | −8.17% |
| 2014 | 2015-01-25 | $286.5M | −$157.6M | −35.48% |
| 2013 | 2014-01-26 | $444.1M | $145.1M | +48.53% |
| 2012 | 2013-01-27 | $299.0M | $107.0M | +55.69% |
| 2011 | 2012-01-29 | $192.1M | $2.5M | +1.32% |
| 2010 | 2011-01-30 | $189.5M | $64.4M | +51.48% |
| 2009 | 2010-01-31 | $125.1M | $7.4M | +6.32% |
| 2008 | 2009-01-25 | $117.7M | — | — |
Semtech quarterly operating expenses
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Q2.27
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2027 | 2026-07-31 | $128.3M | −$22.0M | −14.63% |
| Q1 2026 | 2026-04-26 | $125.7M | $30.4M | +31.84% |
| Q4 2025 | 2026-01-25 | $156.5M | $47.3M | +43.26% |
| Q3 2025 | 2025-10-26 | $107.4M | $4.2M | +4.11% |
| Q2 2025 | 2025-07-27 | $150.3M | $52.6M | +53.84% |
| Q1 2025 | 2025-04-27 | $95.3M | −$1.1M | −1.17% |
| Q4 2024 | 2025-01-26 | $109.3M | −$510.3M | −82.36% |
| Q3 2024 | 2024-10-27 | $103.2M | −$2.2M | −2.05% |
| Q2 2024 | 2024-07-28 | $97.7M | −$303.1M | −75.63% |
| Q1 2024 | 2024-04-28 | $96.4M | −$18.4M | −16.00% |
| Q4 2023 | 2024-01-28 | $619.6M | $463.9M | +298.00% |
| Q3 2023 | 2023-10-29 | $105.3M | $28.1M | +36.45% |
| Q2 2023 | 2023-07-30 | $400.8M | $330.1M | +466.68% |
| Q1 2023 | 2023-04-30 | $114.8M | $32.7M | +39.77% |
| Q4 2022 | 2023-01-29 | $155.7M | $81.5M | +109.82% |
| Q3 2022 | 2022-10-30 | $77.2M | −$9.1M | −10.51% |
| Q2 2022 | 2022-07-31 | $70.7M | −$8.0M | −10.20% |
| Q1 2022 | 2022-05-01 | $82.2M | $5.3M | +6.84% |
| Q4 2021 | 2022-01-30 | $74.2M | $343,000 | +0.46% |
| Q3 2021 | 2021-10-31 | $86.3M | $13.7M | +18.86% |
| Q2 2021 | 2021-08-01 | $78.8M | $9.3M | +13.35% |
| Q1 2021 | 2021-05-02 | $76.9M | $11.9M | +18.31% |
| Q4 2020 | 2021-01-31 | $73.8M | −$231,000 | −0.31% |
| Q3 2020 | 2020-10-25 | $72.6M | $4.2M | +6.15% |
| Q2 2020 | 2020-07-26 | $69.5M | −$3.6M | −4.95% |
| Q1 2020 | 2020-04-26 | $65.0M | −$4.1M | −5.95% |
| Q4 2019 | 2020-01-26 | $74.1M | $2.4M | +3.32% |
| Q3 2019 | 2019-10-27 | $68.4M | $3.7M | +5.68% |
| Q2 2019 | 2019-07-28 | $73.1M | $5.9M | +8.82% |
| Q1 2019 | 2019-04-28 | $69.1M | −$5.5M | −7.32% |
| Q4 2018 | 2019-01-27 | $71.7M | $308,000 | +0.43% |
| Q3 2018 | 2018-10-28 | $64.7M | −$7.1M | −9.95% |
| Q2 2018 | 2018-07-29 | $67.2M | −$6.2M | −8.39% |
| Q1 2018 | 2018-04-29 | $74.6M | $7.9M | +11.86% |
| Q4 2017 | 2018-01-28 | $71.4M | $3.2M | +4.67% |
| Q3 2017 | 2017-10-29 | $71.8M | $29.9M | +71.19% |
| Q2 2017 | 2017-07-30 | $73.3M | $8.0M | +12.24% |
| Q1 2017 | 2017-04-30 | $66.7M | $1.4M | +2.15% |
| Q4 2016 | 2017-01-29 | $68.2M | $1.8M | +2.72% |
| Q3 2016 | 2016-10-30 | $42.0M | −$8.7M | −17.20% |
| Q2 2016 | 2016-07-31 | $65.3M | −$7.2M | −9.87% |
| Q1 2016 | 2016-05-01 | $65.3M | −$8.3M | −11.23% |
| Q4 2015 | 2016-01-31 | $66.4M | −$20.5M | −23.61% |
| Q3 2015 | 2015-10-25 | $50.7M | −$15.8M | −23.80% |
| Q2 2015 | 2015-07-26 | $72.5M | $6.3M | +9.59% |
| Q1 2015 | 2015-04-26 | $73.5M | $6.6M | +9.83% |
| Q4 2014 | 2015-01-25 | $86.9M | −$133.6M | −60.58% |
| Q3 2014 | 2014-10-26 | $66.5M | −$3.6M | −5.17% |
| Q2 2014 | 2014-07-27 | $66.2M | −$10.1M | −13.23% |
| Q1 2014 | 2014-04-27 | $66.9M | −$10.3M | −13.31% |
| Q4 2013 | 2014-01-26 | $220.5M | $145.0M | +192.00% |
| Q3 2013 | 2013-10-27 | $70.1M | −$7.1M | −9.15% |
| Q2 2013 | 2013-07-28 | $76.3M | $4.4M | +6.18% |
| Q1 2013 | 2013-04-28 | $77.2M | $2.7M | +3.67% |
| Q4 2012 | 2013-01-27 | $75.5M | $27.8M | +58.18% |
| Q3 2012 | 2012-10-28 | $77.2M | $27.0M | +53.89% |
| Q2 2012 | 2012-07-29 | $71.8M | $25.0M | +53.40% |
| Q1 2012 | 2012-04-29 | $74.5M | $27.1M | +57.35% |
| Q4 2011 | 2012-01-29 | $47.7M | $3.3M | +7.39% |
| Q3 2011 | 2011-10-30 | $50.2M | −$6.1M | −10.90% |
| Q2 2011 | 2011-07-31 | $46.8M | $2.1M | +4.67% |
| Q1 2011 | 2011-05-01 | $47.3M | $3.3M | +7.43% |
| Q4 2010 | 2011-01-30 | $44.5M | — | — |
| Q3 2010 | 2010-10-31 | $56.3M | $27.0M | +92.23% |
| Q2 2010 | 2010-08-01 | $44.7M | $17.1M | +61.84% |
| Q1 2010 | 2010-05-02 | $44.1M | — | — |
| Q3 2009 | 2009-10-25 | $29.3M | — | — |
| Q2 2009 | 2009-07-26 | $27.6M | — | — |
Semtech operating expenses trends
Over the last five fiscal years, Semtech's operating expenses increased from $280.9M to $509.6M, a change of $228.7M. The latest reported quarter, Q2 2027, shows $128.3M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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