LATTICE SEMICONDUCTOR CORP
For the period ended Sep 27, 2025. Filed Nov 3, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 27, 2025 · Filed Nov 3, 2025
LSCC$113.89+8.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 1. Financial Statements
CONSOLIDATED STATEMENTS OF OPERATIONS
| Three Months Ended | Nine Months Ended | |||
|---|---|---|---|---|
| September 27, | September 28, | September 27, | September 28, | |
| (In thousands, except per share data) | 2025 | 2024 | 2025 | 2024 |
| Revenue | $133,349 | $127,091 | $377,470 | $391,982 |
| Cost of revenue | 42,822 | 39,403 | 120,464 | 123,335 |
| Gross margin | 90,527 | 87,688 | 257,006 | 268,647 |
| Operating expenses: | ||||
| Research and development | 49,633 | 41,398 | 134,550 | 120,722 |
| Selling, general, and administrative | 41,402 | 30,994 | 109,339 | 87,468 |
| Amortization of acquired intangible assets | 20 | 870 | 33 | 2,609 |
| Restructuring and other | 1,006 | 6,899 | 2,938 | 11,182 |
| Total operating expenses | 92,061 | 80,161 | 246,860 | 221,981 |
| Income (loss) from operations | (1,534) | 7,527 | 10,146 | 46,666 |
| Interest income (expense), net | 602 | 936 | 2,268 | 3,176 |
| Other income (expense), net | (22) | (249) | (305) | (41) |
| Income (loss) before income taxes | (954) | 8,214 | 12,109 | 49,801 |
| Income tax expense (benefit) | (3,748) | 1,024 | 1,380 | 5,184 |
| Net income | $2,794 | $7,190 | $10,729 | $44,617 |
| Net income per share: | ||||
| Basic | $0.02 | $0.05 | $0.08 | $0.32 |
| Diluted | $0.02 | $0.05 | $0.08 | $0.32 |
| Shares used in per share calculations: | ||||
| Basic | 136,877 | 137,709 | 137,224 | 137,577 |
| Diluted | 138,103 | 137,894 | 138,069 | 138,274 |
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