Semtech Corporation (SMTC)
Gross profit margin
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Jan 28, 2024 | Oct 31, 2023 | Oct 29, 2023 | Jul 31, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 31, 2023 | Jan 29, 2023 | Oct 31, 2022 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Apr 30, 2022 | Jan 31, 2022 | Jan 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 458,517 | 416,812 | 295,454 | 282,956 | 276,637 | 286,270 | 387,388 | 397,368 | 401,319 | 400,604 | 414,445 | 426,068 | 464,970 | 494,162 | 509,846 | 517,376 | 498,714 | 493,198 | 478,377 | 471,710 |
| Revenue (ttm) | US$ in thousands | 909,285 | 851,233 | 783,447 | 768,991 | 735,256 | 780,680 | 825,893 | 861,533 | 856,675 | 777,728 | 741,094 | 681,058 | 722,800 | 764,726 | 789,257 | 803,304 | 782,799 | 776,380 | 758,224 | 752,678 |
| Gross profit margin | 50.43% | 48.97% | 37.71% | 36.80% | 37.62% | 36.67% | 46.91% | 46.12% | 46.85% | 51.51% | 55.92% | 62.56% | 64.33% | 64.62% | 64.60% | 64.41% | 63.71% | 63.53% | 63.09% | 62.67% |
January 31, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $458,517K ÷ $909,285K
= 50.43%
The gross profit margin of Semtech Corporation has experienced fluctuations over the specified time period, ranging from a high of 64.62% in October 2022 to a low of 36.67% in January 2024.
There was a general upward trend in the gross profit margins from January 2022 to October 2022, with margins consistently increasing from 62.67% to 64.62%. However, starting from January 2023, there was a noticeable decline in the gross profit margin, dropping to 46.91% by October 2023.
The company experienced a significant decrease in gross profit margin in early 2024, with margins dropping to around 36% in January and April 2024. However, there was a recovery in the subsequent periods, with the gross profit margin increasing to 50.43% in January 2025.
Overall, the analysis of the gross profit margin trend indicates some volatility and fluctuations in Semtech Corporation's profitability during the specified period. It is essential for the company to monitor and manage its cost of goods sold and sales revenue effectively to maintain and improve its gross profit margin in the future.
Peer comparison
Jan 31, 2025