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Thursday 5 November 2026 Export SMTC’s income statement to Excel — free account

Semtech Corporation

SMTC Technology Semiconductors

Semtech Corporation’s revenue for fiscal 2026 (year ended January 2026) was $1.0 billion, up 15.5% from fiscal 2025.

Revenue
+32.7%
EPS
+654.8%
Free cash flow
+54.6%
Total debt
−5.05%

Quarter to July 2026, against a year earlier

92.77 18.19 −16.39%
Market cap
$10.4B
P/E
55.9×
Fwd P/E
33.0×
Dividend yield
—
F-score
7/9
Altman Z
5.62
Beneish M
−3.23
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Semtech Corporation (SMTC) Current ratio

Alert me on Current ratio

Semtech Corporation's current ratio at the end of the quarter to 31 July 2026 was 1.7×, down 0.7× from fiscal 2026 (2.4×). Over the past ten years it has ranged from 1.8× (fiscal 2023) to 4.7× (fiscal 2020); the current reading is higher than 25% of that period. That is below the Semiconductors industry median of 3.4× and below the Technology sector median of 1.9×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2026 2.4× 14.78%
FY2025 2.1× (15.91%)
FY2024 2.5× 35.07%
FY2023 1.8× (53.44%)
FY2022 3.9× (9.71%)
FY2021 4.3× (7.24%)
FY2020 4.7× 25.03%
FY2019 3.7× 2.22%
FY2018 3.7× 2.50%
FY2017 3.6× 8.55%

Quarterly newest first

Period Current ratio Change
Jul 2026 1.7× (28.34%)
Apr 2026 2.4× (0.18%)
Jan 2026 2.4× (2.43%)
Oct 2025 2.4× (3.79%)
43 more quarters

Against its own ten years

Low 1.8× High 4.7×
Ten-year median 3.6×
Current reading's percentile 25

Current ratio against peers

Company Current ratio
RMBS Rambus, Inc. compare 9.4×
SIMO Silicon Motion Technology Corporation compare 5.7×
SITM SiTime Corporation compare 5.6×
SLAB Silicon Laboratories, Inc. compare 5.4×
ALGM Allegro MicroSystems, Inc. compare 4.1×
TSEM Tower Semiconductor Ltd. compare 3.7×
MTSI MACOM Technology Solutions Holdings, Inc. compare 2.3×
LSCC Lattice Semiconductor Corporation compare 1.9×
SMTC Semtech Corporation 1.7×
Semiconductors industry median 3.4×
Technology sector median 1.9×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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