SEMTECH CORP

For the period ended Jan 25, 2026. Filed Mar 23, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2026 · Filed Mar 23, 2026

SMTC$116.45+12.8%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Balance Sheets

(in thousands, except share data)

	January 25, 2026	January 26, 2025
Assets
Current assets:
Cash and cash equivalents	$195,179	$151,743
Accounts receivable, less allowances of $7,976 and $5,248, respectively	160,552	162,523
Inventories	195,737	163,593
Prepaid taxes	15,422	13,532
Other current assets	88,230	94,070
Total current assets	655,120	585,461
Non-current assets:
Property, plant and equipment, net of accumulated depreciation of $340,331 and $313,978, respectively	109,345	126,190
Deferred tax assets	34,188	41,125
Goodwill	457,925	533,091
Other intangible assets, net	40,015	33,111
Other assets	113,744	100,286
TOTAL ASSETS	$1,410,337	$1,419,264
Liabilities
Current liabilities:
Accounts payable	$84,134	$59,239
Accrued liabilities	191,802	178,201
Current portion of long-term debt	—	45,594
Total current liabilities	275,936	283,034
Non-current liabilities:
Deferred tax liabilities	101	750
Long term debt, less current portion	491,234	505,933
Other long-term liabilities	93,348	87,121
Commitments and contingencies (Note 13)
Stockholders’ Equity:
Common stock, $0.01 par value, 250,000,000 shares authorized, 104,264,193 issued and 92,668,555 outstanding and 99,010,607 issued and 86,272,439 outstanding, respectively	1,043	990
Treasury stock, at cost, 11,595,638 shares and 12,738,168 shares, respectively	(474,376)	(520,511)
Additional paid-in capital	1,466,789	1,469,712
Retained deficit	(436,062)	(395,686)
Accumulated other comprehensive loss, net	(7,676)	(12,079)
Total stockholders’ equity	549,718	542,426
TOTAL LIABILITIES AND EQUITY	$1,410,337	$1,419,264

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.