Semtech Corp (NASDAQ: SMTC) — Q2 FY2027 Post Earnings

Operations

As of August 25, 2026
Q2 Revenue ↑ 33% YoY $341.9M
Divisions
Signal Integrity 36.9%
Analog Mixed Signal and Wireless 34.3%
IoT Systems and Connectivity 28.8%

Key Earnings Driver

Signal Integrity Signal Integrity revenue increased 64% to $126.2M, the fastest year over year growth among Semtech’s reported operating divisions. Analog Mixed Signal and Wireless revenue increased 27.6% to $117.4M, and IoT Systems and Connectivity revenue increased 10.7% to $98.3M.

Key Operating Metrics¹

METRIC

STATUS

Signal Integrity↑ 64%

🟢 Scaling

Analog Mixed Signal and Wireless↑ 27.6%

IoT Systems and Connectivity↑ 10.7%

Key Financial Metrics

Gross Margin 53.80% +1.7 pp YoY
Backlog / Revenue N/A
CapEx Intensity 2.19% 0.02x Revenue

Key Operating Metrics¹: Core operating metrics relevant to revenue, sourced from website and/or SEC filings for Q, with status based on reported data.