Company / Gross Margin
Semtech Corporation Gross Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
51.6%
FY2025
5-year range
34.1% / 63.3%
FY2021-FY2025
Trend
+2.8%
vs FY2024
Sector context
#115 of 210
Information Technology
What the data says
At 51.6%, Semtech Corporation's gross margin ranks #115 of 210 in the Information Technology sector. Gross Margin has fluctuated over the past 10 years, ranging from 34.1% in FY2023 to 63.3% in FY2022.
Based on SEC 10-K filings.
51.6% in FY2025 with a 5-year CAGR of -8.2%.
Improved from 34.1% to 51.6% over the past 2 years.
Information Technology sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- -11.6pp
- 5-Year Change
- -8.2pp
- 10-Year Change
- -
Sector benchmark
#115 of 210 in Information TechnologyTop 55% of 210This company 51.6% Sector average 53.3%
▼
-3.1% below sector average
Key checks
Key Insights
- In FY2025, gross margin increased 2.8% year-over-year.
- Currently 1.7pp below the Information Technology sector average.
- Peak gross margin was recorded in FY2022.
- Lowest gross margin in the period was in FY2023.
Company context
Key Data Points
- 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 |
|---|---|---|
| FY2025 | 51.6% | +2.8% |
| FY2024 | 50.2% | +47.2% |
| FY2023 | 34.1% | -46.1% |
| FY2022 | 63.3% | +1.6% |
| FY2021 | 62.2% | +4.1% |
| FY2020 | 59.8% | -2.8% |
| FY2019 | 61.5% | +2.3% |
| FY2018 | 60.1% | +0.4% |
| FY2017 | 59.9% | +0.3% |
| FY2016 | 59.7% | -0.2% |
As of FY2025 · SEC 10-K · Updated Mar 28, 2026