Semtech Corporation
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-40.4M | $-161.9M | $-1.09B | $61.4M | $125.7M | $59.9M | $31.9M | $69.6M |
| Depreciation & Amortization | — | — | — | — | — | — | $39.6M | $49.6M |
| Depreciation | $29.9M | $33.2M | $29.3M | $25.8M | $26.0M | $23.6M | $23.4M | $23.0M |
| Amortization | $631.0K | $884.0K | $14.9M | $821.0K | $0 | $589.0K | $16.5M | $26.6M |
| Stock-Based Compensation | $57.7M | $68.0M | $40.2M | $39.2M | $51.2M | $53.0M | $52.0M | $66.8M |
| Net Cash from Operating Activities | $181.2M | $58.0M | $-93.9M | $126.7M | $203.1M | $118.9M | $118.6M | $183.6M |
| Investing Activities | ||||||||
| Capital Expenditures | $9.8M | $7.9M | $29.2M | $28.3M | $26.2M | $32.7M | $23.1M | $17.1M |
| Business Acquisitions | $21.5M | $0 | $0 | $1.24B | $0 | $0 | $0 | $15.9M |
| Net Cash from Investing Activities | $-38.8M | $-11.9M | $-22.7M | $-1.25B | $-40.3M | $-42.9M | $-34.3M | $-36.2M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | $0 | $0 | $50.0M | $129.7M | $71.4M | $70.2M | $116.2M |
| Net Cash from Financing Activities | $-101.1M | $-21.7M | $10.6M | $1.08B | $-152.1M | $-100.5M | $-103.1M | $-143.1M |
| Net Change in Cash | $43.4M | $23.2M | $-106.9M | $-44.1M | $10.7M | — | — | $4.2M |
| Free Cash Flow | $171.4M | $50.1M | $-123.1M | $98.4M | $176.9M | $86.2M | $95.6M | $166.5M |