---
schema_version: "secwatch.filing_event.v1"
accession: "0000088941-25-000158"
form_type: "8-K"
ticker: "SMTC"
cik: "0000088941"
company_name: "SEMTECH CORP"
filed_at: "2025-08-25T23:59:59+00:00"
generated_at: "2026-05-17T10:28:18.717008+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Semtech reports record Q2FY26 revenue of $257.6M (+20% YoY); adjusted EPS $0.41

## Summary
- Record net sales $257.6M, up 20% YoY; GAAP gross margin 52.1% (up from 49.0% YoY).
- Non-GAAP adjusted diluted EPS $0.41 (vs $0.11 YoY); adjusted operating margin 18.8% (up from 14.2%).
- GAAP net loss $27.1M due to $42.0M goodwill impairment; GAAP diluted EPS -$0.31 (improved from -$2.61).
- Accelerated debt reduction: net interest expense fell to $4.7M from $28.1M YoY; net leverage ratio lower.
- Adjusted EBITDA $56.5M (21.9% margin) vs $40.5M (18.8%) YoY; cash flow improving.

## SEC filing metadata
- accession: 0000088941-25-000158
- form_type: 8-K
- ticker: SMTC
- cik: 0000088941
- company_name: SEMTECH CORP
- filed_at: 2025-08-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/88941/000008894125000158/0000088941-25-000158-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/88941/000008894125000158/smtc-20250825.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000088941-25-000158
- JSON: https://secwatch.observer/filing/0000088941-25-000158.json
- Plain text: https://secwatch.observer/filing/0000088941-25-000158.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.