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.

Price · LSCC

1Y 3Y 5Y Max

Annual Quarterly

Income Statement

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$523.26M	$509.40M	$737.15M	$660.36M	$515.33M	$408.12M
Cost of Revenue	$166.32M	$169.00M	$222.48M	$208.31M	$193.65M	$162.81M
Gross Profit	$356.94M	$340.40M	$514.67M	$452.05M	$321.68M	$245.31M
R&D	$187.98M	$159.30M	$159.77M	$135.77M	$110.52M	$89.22M
SG&A	$153.63M	$116.94M	$137.24M	$122.08M	$105.62M	$95.33M
Total Operating Expenses	$345.71M	$305.94M	$302.40M	$264.68M	$220.86M	$192.94M
D&A	$19.90M	$19.30M	$17.30M	$13.80M	$12.00M	$11.80M
Operating Income	$11.23M	$34.46M	$212.27M	$187.37M	$100.82M	$52.37M
Interest Expense	$264.0K	$266.0K	$2.97M	$4.15M	$2.74M	$3.70M
Income Tax	$10.29M	($24.90M)	($44.20M)	$3.23M	$1.70M	$1.06M
Net Income	$3.08M	$61.13M	$259.06M	$178.88M	$95.92M	$47.39M
EPS - Basic	$0.02	$0.44	$1.88	$1.30	$0.70	$0.35
EPS - Diluted	$0.02	$0.44	$1.85	$1.27	$0.67	$0.34

Balance Sheet

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Cash & Equivalents	$133.89M	$136.29M	$128.32M	$145.72M	$131.57M	$182.33M
Accounts Receivable	$102.28M	$81.06M	$104.37M	$94.02M	$79.86M	$64.58M
Inventory	$89.20M	$103.41M	$98.83M	$110.38M	$67.59M	$64.60M
Accounts Payable	$56.52M	$36.83M	$34.49M	$42.04M	$34.60M	$44.35M
Current Assets	$363.87M	$364.83M	$367.95M	$379.17M	$301.35M	$333.84M
Total Assets	$883.12M	$843.90M	$840.89M	$798.71M	$726.49M	$680.07M
Current Liabilities	$117.67M	$99.62M	$97.40M	$127.37M	$106.18M	$79.73M
Long-term Debt	-	-	$0	$128.75M	$140.76M	$157.93M
Total Liabilities	$169.07M	$132.97M	$148.87M	$311.55M	$314.86M	$295.64M
Stockholders' Equity	$714.05M	$710.93M	$692.02M	$487.16M	$411.63M	$384.43M
Retained Earnings	$212.18M	$209.10M	$147.97M	($111.09M)	($289.98M)	($385.90M)

Cash Flow

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Operating Cash Flow	$175.11M	$140.88M	$269.59M	$238.81M	$167.72M	$91.69M
Investing Cash Flow	($62.31M)	($37.69M)	($33.25M)	($34.93M)	($89.80M)	($20.87M)
Financing Cash Flow	($115.70M)	($94.46M)	($253.72M)	($188.07M)	($128.61M)	($8.10M)
CapEx	$42.53M	$20.98M	$20.10M	$23.34M	$9.84M	$12.12M
Free Cash Flow	$132.58M	$119.89M	$249.49M	$215.47M	$157.89M	$79.57M

Ratios

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Profitability
Gross margin	68.2%	66.8%	69.8%	68.5%	62.4%	60.1%
Operating margin	2.1%	6.8%	28.8%	28.4%	19.6%	12.8%
EBITDA margin	5.9%	10.6%	31.1%	30.5%	21.9%	15.7%
Net margin	0.6%	12.0%	35.1%	27.1%	18.6%	11.6%
Free cash flow margin	25.3%	23.5%	33.8%	32.6%	30.6%	19.5%
FCF / Net income	42.99	1.96	0.96	1.20	1.65	1.68
R&D / Revenue	35.9%	31.3%	21.7%	20.6%	21.4%	21.9%
SG&A / Revenue	29.4%	23.0%	18.6%	18.5%	20.5%	23.4%
Effective tax rate	76.9%	-68.7%	-20.6%	1.8%	1.7%	2.2%
Return on assets	0.3%	7.2%	30.8%	22.4%	13.2%	7.0%
Return on equity	0.4%	8.6%	37.4%	36.7%	23.3%	12.3%
Return on invested capital	-	-	30.7%	29.9%	17.9%	9.4%
Liquidity
Current ratio	3.09	3.66	3.78	2.98	2.84	4.19
Quick ratio	2.33	2.62	2.76	2.11	2.20	3.38
Cash ratio	1.14	1.37	1.32	1.14	1.24	2.29
Leverage
Debt / Equity	-	-	0.00	0.26	0.34	0.41
Debt / Assets	-	-	0.00	0.16	0.19	0.23
Debt / EBITDA	-	-	0.00	0.64	1.25	2.46
Interest coverage	42.5x	129.5x	71.5x	45.2x	36.8x	14.1x
Equity multiplier	1.24	1.19	1.22	1.64	1.76	1.77
Liabilities / Assets	0.19	0.16	0.18	0.39	0.43	0.43
Efficiency
Asset turnover	0.59	0.60	0.88	0.83	0.71	0.60
Inventory turnover	1.86	1.63	2.25	1.89	2.86	2.52
Days sales outstanding	71d	58d	52d	52d	57d	58d
Days inventory outstanding	196d	223d	162d	193d	127d	145d
Days payable outstanding	124d	80d	57d	74d	65d	99d
Cash conversion cycle	143d	202d	157d	172d	119d	103d
Valuation
P / E	3932.5x	128.8x	37.3x	51.1x	115.0x	134.8x
P / B	15.2x	11.0x	13.9x	18.7x	26.6x	16.8x
P / S	20.8x	15.4x	13.1x	13.8x	21.3x	15.9x
EV / EBITDA	344.9x	143.2x	41.5x	45.3x	97.2x	100.5x
Growth
Revenue growth (YoY)	2.7%	-30.9%	11.6%	28.1%	26.3%	1.0%
Revenue CAGR (3y)	-7.5%	-0.4%	21.8%	17.8%	6.5%	1.9%
Revenue CAGR (5y)	5.1%	4.7%	11.5%	11.3%	3.8%	-
Gross profit growth (YoY)	4.9%	-33.9%	13.9%	40.5%	31.1%	13.3%
Operating income growth (YoY)	-67.4%	-83.8%	13.3%	85.9%	92.5%	-11.3%
Net income growth (YoY)	-95.0%	-76.4%	44.8%	86.5%	102.4%	9.0%
EPS growth (YoY)	-95.5%	-76.2%	45.7%	89.6%	97.1%	6.3%
EPS CAGR (3y)	-74.9%	-13.1%	75.9%	58.3%	-	-
EPS CAGR (5y)	-43.3%	6.6%	-	-	-	-
FCF growth (YoY)	10.6%	-51.9%	15.8%	36.5%	98.4%	-26.7%
FCF CAGR (5y)	10.8%	2.0%	42.1%	53.0%	44.6%	-
Book value growth (YoY)	0.4%	2.7%	42.1%	18.3%	7.1%	17.3%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2026-01-03.

Product / service

$438.45M total

Product$438.45M · 100.0%

Geographic

$876.96M total

Asia$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%

Stability scores

Altman Z′

FY 2025 · bankruptcy risk

2.81

Grey zone

Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.

Piotroski F-score

FY 2025 · 9-point quality

5/9

Neutral

✓Net income positive
✓Operating cash flow positive
✗ROA improved YoY
✓Cash flow > net income
-Long-term debt decreased
✗Current ratio improved
✓No share dilution
✓Gross margin improved
✗Asset turnover improved

Peer comparison

Same SIC group: Semiconductors & Related Devices

Company	Revenue (last FY)	Net margin	ROE
AMKR	$6.71B	5.6%	8.4%
CRDO	-	-	-
FSLR	$5.22B	29.3%	16.0%
NVDA	$215.94B	55.6%	76.3%
SITM	$326.66M	-13.1%	-3.7%

Comparing LATTICE SEMICONDUCTOR CORP against the 5 most active filers in the same SIC group.