Filing Flows › Lattice Semiconductor (LSCC) › Q2 2025
Lattice Semiconductor (LSCC) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 4, 2025
Lattice Semiconductor (LSCC) reported revenue of $124M for the second quarter 2025 (Q2 2025), -0.1% from a year earlier and +3% from the quarter before. Operating margin was 3.8%, net earnings $2.9M (2.3% of revenue).
Lattice Semiconductor, Q2 2025: revenue $124M (-0.1% year over year), operating margin 3.8%, net earnings $2.9M, operating cash flow $38.5M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $124M | +3% | -0.1% |
| Gross profit | $84.8M | +4% | 0% |
| Operating profit | $4.7M | -33% | -79% |
| Net earnings | $2.9M | -42% | -87% |
| Operating cash flow | $38.5M | +21% | +76% |
| Free cash flow | $31.3M | +34% | +112% |
What changed
Revenue was $124.0M in Q2 2025, roughly flat year over year and up 3% from the previous quarter.
Gross margin was 68.4%, up 0.1 points from a year earlier. Operating profit was $4.7M, a 3.8% margin (down 14.4 points year over year). Operating expenses grew 29% against flat revenue. The fastest-growing cost line was SG&A (+74%). Net earnings were $2.9M, down 87% year over year. The effective tax rate was 42.7%.
Operating cash flow was $38.5M (up 76% year over year), 1323% of net earnings. Non-cash charges added back $24.1M of share-based compensation. Working capital and other items added $11.5M. Capital expenditures of $7.2M left free cash flow of $31.3M.
Questions
What was Lattice Semiconductor's revenue in the second quarter 2025?
Lattice Semiconductor (LSCC) reported revenue of $124M for the second quarter 2025 (Q2 2025), -0.1% from a year earlier and +3% from the quarter before.
Was Lattice Semiconductor profitable in the second quarter 2025?
Operating profit was $4.7M (3.8% of revenue) and net earnings $2.9M.