Filing Flows › Lattice Semiconductor (LSCC) › Q3 2026
Lattice Semiconductor (LSCC) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 3, 2026
Lattice Semiconductor (LSCC) reported revenue of $291M for the third quarter 2026 (Q3 2026), +118% from a year earlier and +45% from the quarter before. Operating margin was 8.2%, net earnings $11.2M (3.9% of revenue).
Lattice Semiconductor, Q3 2026: revenue $291M (+118% year over year), operating margin 8.2%, net earnings $11.2M, operating cash flow $95.0M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $291M | +45% | +118% |
| Gross profit | $196M | +39% | +117% |
| Operating profit | $24.0M | +7% | — |
| Net earnings | $11.2M | -42% | +301% |
| Operating cash flow | $95.0M | +8% | +102% |
| Free cash flow | $77.6M | -5% | +128% |
What changed
Revenue was $291.0M in Q3 2026, up 118% year over year and up 45% from the previous quarter. Fpga was the largest line at 87% of revenue. Fpga added $118.6M year over year (up 89%), 75% of the total change.
Gross margin was 67.4%, down 0.5 points from Q3 2025. Operating profit was $24.0M, a 8.2% margin (up 9.4 points year over year). Operating expenses grew 87% against revenue growth of 118%. The fastest-growing cost line was Other operating costs (+3002%). Net earnings were $11.2M, up 301% year over year. The effective tax rate was 18.8%.
Operating cash flow was $95.0M (up 102% year over year), 848% of net earnings. Non-cash charges added back $50.3M of share-based compensation. Working capital and other items added $33.5M. Capital expenditures of $17.4M left free cash flow of $77.6M.
Questions
What was Lattice Semiconductor's revenue in the third quarter 2026?
Lattice Semiconductor (LSCC) reported revenue of $291M for the third quarter 2026 (Q3 2026), +118% from a year earlier and +45% from the quarter before.
Was Lattice Semiconductor profitable in the third quarter 2026?
Operating profit was $24.0M (8.2% of revenue) and net earnings $11.2M.