Semtech Corporation Q4 2026 Earnings Recap

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.