
Semtech (SMTC) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
Semtech (SMTC) last issued guidance on August 25, 2026 for Q3 2027. The company guided earnings per share in the range of $1.02 - $1.08, compared to a consensus EPS estimate of $0.69. Semtech also guided revenue in the range of $405M - $415M for the period.
Compared to prior guidance, Semtech raised its revenue forecast from a prior range of $323M - $333M.
Semtech has issued 19 guidance updates between November 30, 2022 and August 25, 2026. During this period, the company raised its outlook 12 times and lowered it 2 times, providing investors with insight into management's evolving expectations.
| Metric | Q2 '27 | Q1 '27 | Q4 '26 | Q3 '26 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $0.57 | $0.42 | $0.37 | $0.38 |
| Actual | $0.71 | $0.51 | $0.44 | $0.48 |
| Surprise | +24.6% | +21.4% | +18.9% | +26.3% |
| Revenue | ||||
| Estimate | $328.6M | $283.5M | $273.2M | $266.5M |
| Actual | $341.9M | $291.0M | $274.4M | $267.0M |
| Surprise | +4.04% | +2.65% | +0.46% | +0.18% |
| Metric | Q3 '27E | Q4 '27E | Q1 '28E | Q2 '28E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $1.02 | $1.16 | $1.03 | $1.13 |
| Revenue | ||||
| Consensus | $410.6M | $437.0M | — | — |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q2 | Aug 25, 2026 | $0.71 | $0.57 | 24.6 % |
| Q1 | May 26, 2026 | $0.51 | $0.42 | 21.4 % |
| Q4 | Mar 16, 2026 | $0.44 | $0.37 | 18.9 % |
| Q3 | Nov 24, 2025 | $0.48 | $0.38 | 26.3 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q2 | Aug 25, 2026 | $341.90M | $328.61M | 4.04 % |
| Q1 | May 26, 2026 | $291.00M | $283.48M | 2.65 % |
| Q4 | Mar 16, 2026 | $274.40M | $273.15M | 0.46 % |
| Q3 | Nov 24, 2025 | $267.00M | $266.51M | 0.18 % |