Filing Flows › Semtech (SMTC) › Q4 FY25
Semtech (SMTC) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Mar 25, 2025
Semtech (SMTC) reported revenue of $251M for the fourth quarter fiscal 2025 (Q4 FY25), +30% from a year earlier and +6% from the quarter before. Operating margin was 8.5%, net earnings $39.1M (15.6% of revenue).
Semtech, Q4 FY25: revenue $251M (+30% year over year), operating margin 8.5%, net earnings $39.1M, operating cash flow $33.5M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $251M | +6% | +30% |
| Gross profit | $131M | +8% | — |
| Operating profit | $21.2M | +19% | — |
| Net earnings | $39.1M | — | — |
| Operating cash flow | $33.5M | +13% | +141% |
| Free cash flow | $30.9M | +6% | +153% |
What changed
Revenue was $251.0M in Q4 FY25, up 30% year over year and up 6% from the previous quarter. Products was the largest line at 89% of revenue.
Gross margin was 52.0%. Operating profit was $21.2M, a 8.5% margin (up 329.8 points year over year). The fastest-growing cost line was Research & development (+12%). Net earnings were $39.1M. The tax line was a benefit of $33.2M on pre-tax earnings of $6.0M.
Operating cash flow was $33.5M (up 141% year over year), 86% of net earnings. Non-cash charges added back $873K of depreciation and amortization and $17.3M of share-based compensation. Working capital and other items used $23.8M. Capital expenditures of $2.6M left free cash flow of $30.9M.
Questions
What was Semtech's revenue in the fourth quarter fiscal 2025?
Semtech (SMTC) reported revenue of $251M for the fourth quarter fiscal 2025 (Q4 FY25), +30% from a year earlier and +6% from the quarter before.
Was Semtech profitable in the fourth quarter fiscal 2025?
Operating profit was $21.2M (8.5% of revenue) and net earnings $39.1M.
Source: Semtech 10-K on SEC EDGAR.