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Semtech Corp  (NASDAQ: SMTC)
    Sector  Technology    Industry Semiconductors
   Industry Semiconductors
   Sector  Technology

Semtech's

Competitiveness




 

SMTC Sales vs. its Competitors Q1 2026



Comparing the current results to its competitors, Semtech reported Revenue increase in the 1 quarter 2026 by 14.39 % year on year.
The revenue growth was below Semtech's competitors' average revenue growth of 32.07 %, achieved in the same quarter.

List of SMTC Competitors

With a net margin of 17.42 % Semtech reported lower profitability than its competitors.

More on SMTC Profitability Comparisons



Revenue Growth Comparisons




Net Income Comparison


Semtech Corp Net Income in the 1 quarter 2026 grew year on year by 37.31%, slower than its competitors' income growth of 95.12 %

<<  SMTC Stock Performance Comparisons


Semtech's Comment on Competition and Industry Peers


The company operates in the Internet of Things (IoT) industry, which is characterized by rapid growth and evolving trends such as on-device AI deployment, edge computing adoption, and increased emphasis on security and data privacy. Its customer base includes major original equipment manufacturers (OEMs), solution providers, and subcontractors across infrastructure, high-end consumer, and industrial markets. The company’s products are distributed globally through distributors and sales representatives, some of whom also offer competitors' products. Net sales are geographically diverse, with significant revenue generated in the United States, China (including Hong Kong), and Taiwan. Customers select the company’s products based on factors including performance, price, and technical support relative to competitors.



  

Overall company Market Share Q1 2026

Despite revenue growth of 14.39 % in Overall company, Semtech Corp lost market share within this segment.




<<  More on SMTC Market Share.
 
*Market share is calculated based on total revenue.

  News about Semtech Corp Contracts

Semtech LoRa Gen 4 Addresses Low-Power Wireless Range and Speed Limitations

September 22, 2025
Semtech s Innovative LoRa Gen 4: Advancements and Financial Challenges in the IoT MarketSemtech Corporation (Nasdaq: SMTC), renowned for its high-performance semiconductors and cutting-edge Internet of Things (IoT) systems, recently introduced a pivotal expansion to its LoRa technology portfolio. Unveiled in Amsterdam, Netherlands, and Camarillo, California, the two new LoRa Gen 4 transceivers, named LR2022 and LR2012, promise to redefine the capabilities initially demonstrated by the LR2021. These innovations represent significant advancements aimed at addressing cost, range, and speed limitations inherent in low-power wireless communication.The introduction of the LR2022 dual-band and LR2012 sub-GHz trans...

ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages Semtech Corporation Investors to Secure Counsel Before Important De...

February 23, 2025
Navigating the Legal Landscape: Rosen Law Firm Urges Semtech Corporation Investors to Take Action Amid Market ShiftsIn a significant move aimed at safeguarding investor interests, Rosen Law Firm, a renowned global leader in investor rights, has initiated a class action lawsuit concerning Semtech Corporation (NASDAQ: SMTC). This legal action is pertinent to all purchasers of Semtech securities during the period spanning from August 27, 2024, to February 7, 2025. Investors interested in serving as lead plaintiffs are urged to act promptly, with the court deadline set for April 22, 2025.The unfolding litigation emerges amidst notable financial dynamics within Semtech Corporation. Despite the current legal comp...

Semtech Corporation Expands LoRaWAN Offerings Amidst Challenging Financial Landscape,

September 24, 2024
Camarillo, Calif. - Semtech Corporation (Nasdaq: SMTC), a renowned name in high-performance semiconductor, IoT systems, and cloud connectivity services, has recently announced the availability of a one-channel LoRaWAN hub reference design and evaluation kit. This innovative solution is targeted at smaller-scale network deployments, including small and medium-sized businesses (SMB/SME) and smart home applications. This move highlights Semtech s ongoing commitment to fostering growth in the Internet of Things (IoT) ecosystem by providing accessible and scalable solutions.Recent insights from Omdia, a leading research firm, predict that LoRaWAN will experience substantial annual growth, estimated at 30% over t...





Publicly Traded Peers of Semtech Corp




On Semiconductor Corporation
Share Performance



-46.08%
This Quarter



On Semiconductor Corporation
Profile

On Semiconductor Corporation's business model revolves around the design and manufacturing of semiconductor components and solutions, selling them to original equipment manufacturers (OEMs) in various industries including automotive, industrial, and consumer electronics, thus enabling their customers to integrate advanced capabilities into their products.

More about On Semiconductor Corporation's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 28,012.628 mill. $ 6,063.200 mill. $ 575.900 mill.


Nxp Semiconductors N v
Share Performance



-30.52%
This Quarter



Nxp Semiconductors N v
Profile

is a global semiconductor company and a long-standing supplier in the industry, with over 50 years of innovation and operating history

More about Nxp Semiconductors N v 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 56,756.642 mill. $ 12,615.000 mill. $ 2,704.000 mill.


Amplitech Group Inc
Share Performance



+8.69%
This Year



Amplitech Group Inc
Profile

Amplitech Group Inc is a business that focuses on designing, manufacturing, and selling high-performance microwave amplifiers and other related components. They cater to various industries such as aerospace, defense, wireless communication, and medical imaging. Their business model revolves around creating cutting-edge products, maintaining strong relationships with clients, and continuously innovating to meet evolving market demands.

More about Amplitech Group Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 90.721 mill. $ 23.991 mill. $ -8.005 mill.


Skyworks Solutions Inc
Share Performance



-5.69%
This Quarter



Skyworks Solutions Inc
Profile

Skyworks Solutions Incs business model focuses on designing, manufacturing, and selling advanced semiconductor solutions primarily for wireless communication, catering to diverse markets such as smartphones, automotive, and IoT devices.

More about Skyworks Solutions Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 11,412.532 mill. $ 4,013.900 mill. $ 290.100 mill.


Silicon Laboratories Inc
Share Performance



+62.29%
One Year



Silicon Laboratories Inc
Profile

Silicon Laboratories Inc is a fabless semiconductor company that designs and develops integrated circuits, software, and solutions. Their business model revolves around providing innovative products and technologies for various industries such as automotive, industrial, consumer electronics, and communications.

More about Silicon Laboratories Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 7,305.320 mill. $ 856.284 mill. $ -39.109 mill.

31 more competitors available

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Sources: Semtech Corp’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: publicly traded companies.
For your research, we’ve provided 10 tables on Semtech Corp versus competitors, including market share analysis.
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