Filing Flows › Lattice Semiconductor (LSCC) › Q2 2026
Lattice Semiconductor (LSCC) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 4, 2026
Lattice Semiconductor (LSCC) reported revenue of $201M for the second quarter 2026 (Q2 2026), +62% from a year earlier and +18% from the quarter before. Operating margin was 11.1%, net earnings $19.4M (9.6% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $201M | +18% | +62% |
| Gross profit | $141M | +20% | +67% |
| Operating profit | $22.4M | -14% | +375% |
| Net earnings | $19.4M | -11% | +565% |
| Operating cash flow | $88.3M | +76% | +129% |
| Free cash flow | $81.3M | +105% | +160% |
What changed
Revenue was $201.1M in Q2 2026, up 62% year over year and up 18% from the previous quarter.
Gross margin was 70.3%, up 1.9 points from Q2 2025. Operating profit was $22.4M, a 11.1% margin (up 7.3 points year over year). Of the extra revenue versus Q2 2025, 23% reached operating profit, above the 4% margin then. Operating expenses grew 49% against revenue growth of 62%. The fastest-growing cost line was Other operating costs (+162%). Net earnings were $19.4M, up 565% year over year. The effective tax rate was -12.4%.
Operating cash flow was $88.3M (up 129% year over year), 456% of net earnings. Non-cash charges added back $44.4M of share-based compensation. Working capital and other items added $24.5M. Capital expenditures of $7.0M left free cash flow of $81.3M.
Questions
What was Lattice Semiconductor's revenue in the second quarter 2026?
Lattice Semiconductor (LSCC) reported revenue of $201M for the second quarter 2026 (Q2 2026), +62% from a year earlier and +18% from the quarter before.
Was Lattice Semiconductor profitable in the second quarter 2026?
Operating profit was $22.4M (11.1% of revenue) and net earnings $19.4M.