Semtech Corporation (SMTC)

Operating profit margin

		Jan 28, 2024	Jan 29, 2023	Jan 30, 2022	Jan 31, 2021	Jan 26, 2020
Operating income	US$ in thousands	-944,322	92,799	145,017	74,956	52,009
Revenue	US$ in thousands	772,240	763,171	735,908	589,413	538,320
Operating profit margin		-122.28%	12.16%	19.71%	12.72%	9.66%

January 28, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $-944,322K ÷ $772,240K
= -122.28%

The operating profit margin of Semtech Corporation has exhibited significant fluctuations over the past five years. In the most recent period as of January 28, 2024, the operating profit margin was notably negative at -122.28%. This contrasts sharply with the previous years, where the operating profit margins were positive, albeit varying levels of profitability. The highest operating profit margin was observed on January 30, 2022, at 19.71%, indicating a strong profitability level at that time. Overall, the trend in operating profit margin for Semtech Corporation shows volatility and inconsistency, with a mix of positive and negative profitability levels in recent years.