Company / Gross Margin
Semtech Corporation Gross Margin History
FY2017-FY2026 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
34.1%
FY2026
5-year range
34.1% / 61.5%
FY2022-FY2026
Trend
-34.0%
vs FY2025
Sector context
#181 of 225
Information Technology
What the data says
Semtech Corporation's gross margin of 34.1% is lower than 80% of companies in the Information Technology sector (FY2026). Gross Margin has fluctuated over the past 10 years, ranging from 34.1% in FY2026 to 61.5% in FY2022.
Based on SEC 10-K filings.
34.1% in FY2026 with a 5-year CAGR of -26.0%.
Declined from 50.2% to 34.1% over the past 2 years.
Information Technology sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- -25.7pp
- 5-Year Change
- -26.0pp
- 10-Year Change
- -
Sector benchmark
Bottom 20% in Information TechnologyTop 80% of 225This company 34.1% Sector average 53.6%
▼
-36.4% below sector average
Key checks
Key Insights
- In FY2026, gross margin decreased 34.0% year-over-year.
- Currently 19.5pp below the Information Technology sector average.
- Peak gross margin was recorded in FY2022.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score -1.01 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2026 | 34.1% | -34.0% |
| FY2025 | 51.6% | +2.8% |
| FY2024 | 50.2% | -16.0% |
| FY2023 | 59.8% | -2.7% |
| FY2022 | 61.5% | +2.3% |
| FY2021 | 60.1% | +0.5% |
| FY2020 | 59.8% | -0.1% |
| FY2019 | 59.9% | -0.4% |
| FY2018 | 60.1% | +0.4% |
| FY2017 | 59.9% | +0.3% |
As of FY2026 · SEC 10-K · Updated Jun 30, 2026