Filing Flows › Lattice Semiconductor (LSCC) › Q3 2025
Lattice Semiconductor (LSCC) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 3, 2025
Lattice Semiconductor (LSCC) reported revenue of $133M for the third quarter 2025 (Q3 2025), +5% from a year earlier and +8% from the quarter before. Operating margin was -1.2%, net earnings $2.8M (2.1% of revenue).
Lattice Semiconductor, Q3 2025: revenue $133M (+5% year over year), operating margin -1.2%, net earnings $2.8M, operating cash flow $47.1M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $133M | +8% | +5% |
| Operating profit | −$1.5M | -133% | — |
| Net earnings | $2.8M | -4% | — |
| Operating cash flow | $47.1M | +22% | +7% |
| Free cash flow | $34.0M | +9% | -14% |
What changed
Revenue was $133.3M in Q3 2025, up 5% year over year and up 8% from the previous quarter.
Gross margin was 67.9%, down 1.1 points from a year earlier. Operating costs exceeded revenue by $1.5M, an operating margin of -1.2%. Operating expenses grew 15% against revenue growth of 5%. The fastest-growing cost line was SG&A (+34%). Net earnings were $2.8M, down 61% year over year. Non-operating items added $580K, -61% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $47.1M (up 7% year over year), 1686% of net earnings. Non-cash charges added back $35.8M of share-based compensation. Working capital and other items added $8.5M. Capital expenditures of $13.1M left free cash flow of $34.0M.
Questions
What was Lattice Semiconductor's revenue in the third quarter 2025?
Lattice Semiconductor (LSCC) reported revenue of $133M for the third quarter 2025 (Q3 2025), +5% from a year earlier and +8% from the quarter before.
Was Lattice Semiconductor profitable in the third quarter 2025?
Operating loss was $1.5M (-1.2% of revenue) and net earnings $2.8M.