secwatch.observer — SEC 8-K summary
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Issuer:     SEMTECH CORP (SMTC)
CIK:        0000088941
Form:       8-K
Filed at:   2026-08-25T20:06:08+00:00
Accession:  0000088941-26-000028
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Semtech Q2 FY27 record net sales $341.9M, up 33% YoY; GAAP EPS $1.59, adj EPS $0.71
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- Net sales $341.9M, up 17% sequentially and 33% YoY; GAAP gross margin 53.8%, adj gross margin 54.5%.
- GAAP diluted EPS $1.59 vs $0.27 Q1 FY27; adj diluted EPS $0.71 vs $0.41 year ago.
- GAAP operating margin 16.3% (income $55.8M) vs 8.9% prior quarter; adj operating margin 24.4%.
- CEO cites accelerating bookings and record backlog, expecting growth to extend into next fiscal year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/88941/000008894126000028/0000088941-26-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/88941/000008894126000028/smtc-20260825.htm
  HTML page:      https://secwatch.observer/filing/0000088941-26-000028

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer