SMTCSEMTECH CORP
Semiconductors & Related Devices
- Revenue
- $1.0B
- 15% YoY
- Operating margin
- 3.1%
- 44% YoY
- EBITDA
- $62M
- 25% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 5.3×
- $329M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCClear5% of revenueOver 10% of revenue
- Payouts exceed cash flowClear0% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear33% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $741M | $757M | $869M | $909M | $1.0B | 15% |
| Operating income | $145M | $93M | −$944M | $50M | $33M | 35% |
| Net income | $126M | $61M | −$1.1B | −$162M | −$40M | 75% |
| Operating cash flow | $203M | $127M | −$94M | $58M | $181M | 212% |
| Capex | $26M | $28M | $29M | $8M | $10M | 24% |
| Stock-based comp | $51M | $39M | $40M | $68M | $58M | 15% |
| Buybacks | $130M | $50M | $0 | $0 | — |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $3M · 10
- Net
- −$3M
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2026 | — | — | 113 | 276 |
| FY2025 | — | — | 103 | 185 |
| FY2024 | — | — | 29 | 150 |
| FY2023 | — | — | 47 | 102 |
| FY2022 | — | — | 96 | 114 |