LSCC · Lattice Semiconductor Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $170.90M | $133.35M | $123.97M | $120.15M | - | $127.09M | $124.08M | $140.81M | - | $192.17M |
| Cost of Revenue | $53.27M | $42.82M | $39.22M | $38.42M | - | $39.40M | $39.33M | $44.61M | - | $53.78M |
| Gross Profit | $117.63M | $90.53M | $84.75M | $81.73M | - | $87.69M | $84.75M | $96.21M | - | $134.56M |
| R&D | $50.84M | $49.63M | $43.53M | $41.39M | - | $41.40M | $38.73M | $40.59M | - | $42.05M |
| SG&A | $40.10M | $41.40M | $34.81M | $33.13M | - | $30.99M | $20.00M | $36.47M | - | $31.93M |
| Total Operating Expenses | $91.56M | $92.06M | $80.05M | $74.75M | - | $80.16M | $62.19M | $79.63M | - | $77.64M |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | $26.07M | ($1.53M) | $4.71M | $6.97M | - | $7.53M | $22.57M | $16.57M | - | $48.80M |
| Interest Expense | - | - | - | - | - | $67.0K | $67.0K | $67.0K | - | $150.0K |
| Income Tax | $5.45M | ($3.75M) | $2.17M | $2.96M | - | $1.02M | $1.12M | $3.04M | - | $4.10M |
| Net Income | $21.82M | $7.19M | $2.91M | $5.02M | - | $7.19M | $22.63M | $14.80M | - | $53.79M |
| EPS - Basic | $0.16 | $0.02 | $0.02 | $0.04 | - | $0.05 | $0.16 | $0.11 | - | $0.39 |
| EPS - Diluted | $0.16 | $0.02 | $0.02 | $0.04 | - | $0.05 | $0.16 | $0.11 | - | $0.38 |
Balance Sheet
| Line item | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $139.96M | $117.91M | $107.16M | $127.56M | $136.29M | $124.28M | $109.22M | $107.47M | $128.32M | $114.40M |
| Accounts Receivable | $118.11M | $95.49M | $85.66M | $84.55M | $81.06M | $91.47M | $103.44M | $98.94M | $104.37M | $105.91M |
| Inventory | $88.23M | $90.72M | $93.83M | $94.89M | $103.41M | $104.52M | $101.56M | $95.38M | $98.83M | $104.02M |
| Accounts Payable | $58.76M | $47.71M | $33.80M | $32.33M | $36.83M | $32.13M | $34.96M | $33.07M | $34.49M | $36.89M |
| Current Assets | $386.23M | $342.23M | $322.43M | $338.33M | $364.83M | $366.11M | $353.20M | $340.74M | $367.95M | $360.73M |
| Total Assets | $898.98M | $844.36M | $808.55M | $823.65M | $843.90M | $853.66M | $827.52M | $815.60M | $840.89M | $779.62M |
| Current Liabilities | $110.96M | $105.78M | $86.88M | $78.46M | $99.62M | $92.05M | $80.28M | $81.56M | $97.40M | $100.66M |
| Long-term Debt | - | - | - | - | - | - | - | - | $0 | $0 |
| Total Liabilities | $158.82M | $137.96M | $121.50M | $115.74M | $132.97M | $150.12M | $128.67M | $132.94M | $148.87M | $153.45M |
| Stockholders' Equity | $740.16M | $706.40M | $687.05M | $707.91M | $710.93M | $703.54M | $698.85M | $682.66M | $692.02M | $626.17M |
| Retained Earnings | $234.00M | $219.83M | $217.03M | $214.12M | $209.10M | $192.58M | $185.39M | $162.76M | $147.97M | $49.26M |
Cash Flow
| Line item | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $50.26M | - | - | $31.89M | - | - | - | $29.51M | - | - |
| Investing Cash Flow | ($15.42M) | - | - | ($12.08M) | - | - | - | ($7.75M) | - | - |
| Financing Cash Flow | ($28.78M) | - | - | ($28.78M) | - | - | - | ($42.17M) | - | - |
| CapEx | $10.53M | - | - | $8.62M | - | - | - | $3.43M | - | - |
| Free Cash Flow | $39.72M | - | - | $23.28M | - | - | - | $26.09M | - | - |
Ratios
| Metric | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 68.8% | 67.9% | 68.4% | 68.0% | - | 69.0% | 68.3% | 68.3% | - | 70.0% |
| Operating margin | 15.3% | -1.2% | 3.8% | 5.8% | - | 5.9% | 18.2% | 11.8% | - | 25.4% |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | 12.8% | 5.4% | 2.3% | 4.2% | - | 5.7% | 18.2% | 10.5% | - | 28.0% |
| Free cash flow margin | 23.2% | - | - | 19.4% | - | - | - | 18.5% | - | - |
| FCF / Net income | 1.82 | - | - | 4.63 | - | - | - | 1.76 | - | - |
| R&D / Revenue | 29.7% | 37.2% | 35.1% | 34.4% | - | 32.6% | 31.2% | 28.8% | - | 21.9% |
| SG&A / Revenue | 23.5% | 31.0% | 28.1% | 27.6% | - | 24.4% | 16.1% | 25.9% | - | 16.6% |
| Effective tax rate | 20.0% | -108.9% | 42.7% | 37.1% | - | 12.5% | 4.7% | 17.0% | - | 7.1% |
| Return on assets | 2.4% | 0.9% | 0.4% | 0.6% | - | 0.8% | 2.7% | 1.8% | - | 6.9% |
| Return on equity | 2.9% | 1.0% | 0.4% | 0.7% | - | 1.0% | 3.2% | 2.2% | - | 8.6% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | 7.2% |
| Liquidity | ||||||||||
| Current ratio | 3.48 | 3.24 | 3.71 | 4.31 | 3.66 | 3.98 | 4.40 | 4.18 | 3.78 | 3.58 |
| Quick ratio | 2.69 | 2.38 | 2.63 | 3.10 | 2.62 | 2.84 | 3.13 | 3.01 | 2.76 | 2.55 |
| Cash ratio | 1.26 | 1.11 | 1.23 | 1.63 | 1.37 | 1.35 | 1.36 | 1.32 | 1.32 | 1.14 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | 0.00 | 0.00 |
| Debt / Assets | - | - | - | - | - | - | - | - | 0.00 | 0.00 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | 112.3x | 336.8x | 247.4x | - | 325.3x |
| Equity multiplier | 1.21 | 1.20 | 1.18 | 1.16 | 1.19 | 1.21 | 1.18 | 1.19 | 1.22 | 1.25 |
| Liabilities / Assets | 0.18 | 0.16 | 0.15 | 0.14 | 0.16 | 0.18 | 0.16 | 0.16 | 0.18 | 0.20 |
| Efficiency | ||||||||||
| Asset turnover | 0.19 | 0.16 | 0.15 | 0.15 | - | 0.15 | 0.15 | 0.17 | - | 0.25 |
| Inventory turnover | 0.60 | 0.47 | 0.42 | 0.40 | - | 0.38 | 0.39 | 0.47 | - | 0.52 |
| Days sales outstanding | 252d | 261d | 252d | 257d | - | 263d | 304d | 256d | - | 201d |
| Days inventory outstanding | 605d | 773d | 873d | 901d | - | 968d | 943d | 780d | - | 706d |
| Days payable outstanding | 403d | 407d | 315d | 307d | - | 298d | 324d | 271d | - | 250d |
| Cash conversion cycle | 454d | 628d | 811d | 851d | - | 933d | 922d | 766d | - | 657d |
| Valuation | ||||||||||
| P / E | 593.9x | 3567.5x | 2509.5x | 1382.5x | - | 1070.4x | 362.4x | 711.2x | - | 226.1x |
| P / B | 17.9x | 13.9x | 10.1x | 10.8x | - | 10.5x | 11.5x | 15.9x | - | 19.2x |
| P / S | 77.5x | 73.9x | 55.7x | 63.7x | - | 58.1x | 64.6x | 77.1x | - | 62.5x |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 42.2% | 4.9% | -0.1% | -14.7% | - | -33.9% | -34.7% | -23.6% | - | 11.4% |
| Revenue CAGR (3y) | -2.5% | -8.2% | -8.4% | -7.2% | - | -1.2% | -0.5% | 6.8% | - | 23.1% |
| Revenue CAGR (5y) | 8.1% | 5.3% | 3.9% | 4.3% | - | 4.2% | 3.9% | 7.5% | - | 13.6% |
| Gross profit growth (YoY) | 43.9% | 3.2% | 0.0% | -15.1% | - | -34.8% | -36.1% | -25.2% | - | - |
| Operating income growth (YoY) | 273.8% | - | -79.1% | -57.9% | - | -84.6% | -57.5% | -72.0% | - | - |
| Net income growth (YoY) | 334.4% | 0.0% | -87.1% | -66.1% | - | -86.6% | -55.3% | -73.5% | - | 16.0% |
| EPS growth (YoY) | 300.0% | -60.0% | -87.5% | -63.6% | - | -86.8% | -55.6% | -72.5% | - | 15.2% |
| EPS CAGR (3y) | -26.3% | -60.7% | -60.3% | -46.4% | - | -35.9% | 2.2% | -5.4% | - | 61.6% |
| EPS CAGR (5y) | 4.2% | -26.0% | -19.7% | -7.8% | - | -12.9% | 21.7% | - | - | - |
| FCF growth (YoY) | 70.7% | - | - | -10.8% | - | - | - | -28.4% | - | - |
| FCF CAGR (5y) | 7.2% | - | - | 6.2% | - | - | - | 6.9% | - | - |
| Book value growth (YoY) | 4.6% | 0.4% | -1.7% | 3.7% | 2.7% | 12.4% | 21.6% | 32.6% | 42.1% | 41.8% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2026-01-03.
Product / service
$438.45M totalProduct$438.45M · 100.0%
Geographic
$876.96M totalAsia$353.70M · 40.3%
CN$273.25M · 31.2%
Americas$102.76M · 11.7%
Europe$66.81M · 7.6%
Other Asia$51.85M · 5.9%
JP$28.60M · 3.3%
Peer comparison
Same SIC group: Semiconductors & Related Devices
Comparing LATTICE SEMICONDUCTOR CORP against the 5 most active filers in the same SIC group.