Semtech Corporation Earnings Recaps
Q2 2027
Aug 27, 2026
Semtech shares jumped 16.5% following earnings as the company delivered substantial revenue growth and operating leverage driven by strong demand in its data center segment and progress in its photonics portfolio.
Key takeaways
- Quarterly revenue reached $342 million, up 33% year-over-year, led by data center growth.
- Data center revenue hit a record $100 million, increasing 91% year-over-year and 39% sequentially, fueled by ramping 800-gig, 1.6T CopperEdge, and initial 1.6T FiberEdge deployment.
- Infrastructure net sales rose 69% year-over-year to $124 million, reflecting broad strength across copper, fiber, and photonics solutions.
- Operating leverage drove EPS of $0.71, a 73% increase year-over-year, more than doubling revenue growth.
- The company executed on photonics expansion with acquisitions, fab equipment procurement, and talent onboarding, positioning for notable contribution from high-power CW lasers in fiscal 2028.
Q4 2026
Mar 17, 2026
Semtech Corporation achieved a record $1.05 billion in net sales for fiscal year 2026, reflecting robust year-over-year growth driven by strong performance in data center and infrastructure segments.
Key takeaways
- Q4 net sales grew 9% year-over-year to $274.4 million; full-year revenue rose 15% to $1.05 billion.
- Adjusted diluted EPS for Q4 increased by 10% to $0.44; full-year adjusted EPS surged 94% to $1.71.
- Acquisition of HIFU Corporation enhances capabilities in high-efficiency laser technology, poised to significantly boost content opportunities in optical transceivers.
- Data center revenue reached a record $63 million in Q4, reflecting a 58% annual growth for the segment, underpinned by strong demand for FiberEdge ICs.
- Continued progress on divesting the cellular module business indicates strong external interest, positioning it as an attractive opportunity for potential buyers.