Filing Flows › Lattice Semiconductor (LSCC) › Q2 2026 › vs Q1 2026
Lattice Semiconductor (LSCC) Q2 2026 vs Q1 2026 (quarter over quarter)
Lattice Semiconductor's revenue rose $30.2M (+18%) from $171M in Q1 2026 to $201M in Q2 2026. Gross margin 70.3% against 68.8% (+1.5 pts).
Lattice Semiconductor, Q2 2026: revenue $201M (+62% year over year), operating margin 11.1%, net earnings $19.4M, operating cash flow $88.3M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 70.3% | 68.8% | +1.5 pts |
| Operating margin | 11.1% | 15.3% | -4.1 pts |
| Net margin | 9.6% | 12.8% | -3.1 pts |
| Free cash flow margin | 40.4% | 23.2% | +17.2 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $201M | $171M | $30.2M | +18% |
| Gross profit | $141M | $118M | $23.7M | +20% |
| Cost of revenue | $59.7M | $53.3M | $6.5M | +12% |
| Operating profit | $22.4M | $26.1M | −$3.7M | -14% |
| Operating expenses | $119M | $91.6M | $27.4M | +30% |
| Pre-tax earnings | $17.2M | $27.3M | −$10.0M | -37% |
| Other expense, net | $5.1M | −$1.2M | $6.3M | — |
| Research & development | $64.2M | $50.8M | $13.4M | +26% |
| SG&A | $50.3M | $40.1M | $10.2M | +25% |
| Other operating costs | $4.5M | $623K | $3.8M | +617% |
| Income tax benefit | $2.1M | −$5.4M | $7.6M | — |
| Net earnings | $19.4M | $21.8M | −$2.5M | -11% |
| Share-based compensation | $44.4M | $28.1M | $16.3M | +58% |
| Working capital & other | $24.5M | $366K | $24.2M | 67× |
| Operating cash flow | $88.3M | $50.3M | $38.0M | +76% |
| Free cash flow (OCF − capex) | $81.3M | $39.7M | $41.6M | +105% |
| Capital expenditures | $7.0M | $10.5M | −$3.5M | -33% |
Questions
How much did Lattice Semiconductor's revenue grow quarter over quarter in Q2 2026?
Lattice Semiconductor's revenue rose $30.2M (+18%) from $171M in Q1 2026 to $201M in Q2 2026. Gross margin 70.3% against 68.8% (+1.5 pts).