SGH · Smart Global Holdings, Inc. - 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 | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $343.00M | $343.07M | $324.25M | $365.52M | $341.10M | $300.58M | $284.82M | $274.25M | $383.33M | $429.17M |
| Cost of Revenue | $249.30M | $246.96M | $229.17M | $260.87M | $243.29M | $211.67M | $202.89M | $191.40M | $284.69M | $318.79M |
| Gross Profit | $93.70M | $96.11M | $95.08M | $104.65M | $97.81M | $88.91M | $81.93M | $82.85M | $98.64M | $110.38M |
| R&D | $18.98M | $18.69M | $20.22M | $19.91M | $19.81M | $19.68M | $20.53M | $21.39M | $22.23M | $26.66M |
| SG&A | $47.99M | $53.09M | $59.72M | $59.31M | $60.54M | $57.25M | $61.38M | $57.22M | $70.60M | $62.77M |
| Total Operating Expenses | $68.01M | $76.53M | $85.24M | $86.16M | $80.46M | $77.39M | $85.25M | $81.55M | $107.44M | $117.55M |
| D&A | $5.02M | $12.82M | $5.00M | $5.00M | $14.96M | $5.60M | $7.20M | $17.65M | $9.50M | $9.00M |
| Operating Income | $25.69M | $19.58M | $9.84M | $18.49M | $17.36M | $11.51M | ($3.31M) | $1.30M | ($8.80M) | ($7.17M) |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $14.41M | $1.80M | $7.26M | $7.64M | $6.36M | ($1.32M) | $2.20M | $3.53M | $6.70M | ($1.72M) |
| Net Income | $37.45M | $5.27M | $2.66M | $8.08M | $5.22M | $5.62M | ($13.62M) | ($19.92M) | ($24.45M) | ($27.22M) |
| EPS - Basic | $0.59 | $0.04 | ($0.01) | $0.09 | $0.10 | $0.11 | ($0.26) | ($0.38) | ($0.50) | ($0.55) |
| EPS - Diluted | $0.58 | $0.04 | ($0.01) | $0.09 | $0.10 | $0.10 | ($0.26) | ($0.38) | ($0.50) | ($0.55) |
Balance Sheet
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $489.17M | $461.45M | $453.75M | $621.68M | $370.30M | $383.15M | $442.33M | $529.06M | $365.56M | $375.85M |
| Accounts Receivable | - | - | $307.90M | $330.38M | $275.63M | $251.74M | $169.72M | $170.59M | $219.25M | $229.47M |
| Inventory | $322.36M | $213.21M | $255.18M | $199.74M | $246.95M | $151.21M | $172.76M | $208.44M | $174.98M | $294.37M |
| Accounts Payable | $401.48M | $304.94M | $267.50M | $238.25M | $244.27M | $182.04M | $148.01M | $181.79M | $134.98M | $167.77M |
| Current Assets | $1.24B | $1.07B | $1.06B | $1.24B | $995.58M | $867.70M | $884.73M | $986.85M | $907.40M | $978.17M |
| Total Assets | $1.75B | $1.60B | $1.62B | $1.81B | $1.58B | $1.47B | $1.52B | $1.63B | $1.51B | $1.64B |
| Current Liabilities | $590.69M | $458.11M | $473.90M | $473.70M | $426.89M | $327.60M | $267.96M | $368.80M | $426.25M | $420.45M |
| Long-term Debt | $442.78M | $442.33M | $441.89M | $638.90M | $658.07M | $657.35M | $740.66M | $748.30M | $754.82M | $789.36M |
| Total Liabilities | $1.14B | $993.73M | $1.01B | $1.20B | $1.17B | $1.08B | $1.11B | $1.21B | $1.28B | $1.31B |
| Stockholders' Equity | $394.81M | $389.70M | $394.25M | $602.53M | $400.38M | $391.38M | $405.04M | $410.16M | $222.47M | $325.83M |
| Retained Earnings | $83.36M | $48.95M | $46.71M | $40.68M | $35.20M | $29.98M | $48.92M | $62.54M | $82.46M | $247.76M |
Cash Flow
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | $31.06M | - | - | $13.82M | - | - | $31.48M | - | - |
| Investing Cash Flow | - | ($3.37M) | - | - | ($18.92M) | - | - | $115.30M | - | - |
| Financing Cash Flow | - | ($19.99M) | - | - | ($7.76M) | - | - | ($26.76M) | - | - |
| CapEx | - | $2.85M | - | - | $1.84M | - | - | $4.65M | - | - |
| Free Cash Flow | - | $28.20M | - | - | $11.98M | - | - | $26.83M | - | - |
Ratios
| Metric | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 27.3% | 28.0% | 29.3% | 28.6% | 28.7% | 29.6% | 28.8% | 30.2% | 25.7% | 25.7% |
| Operating margin | 7.5% | 5.7% | 3.0% | 5.1% | 5.1% | 3.8% | -1.2% | 0.5% | -2.3% | -1.7% |
| EBITDA margin | 9.0% | 9.4% | 4.6% | 6.4% | 9.5% | 5.7% | 1.4% | 6.9% | 0.2% | 0.4% |
| Net margin | 10.9% | 1.5% | 0.8% | 2.2% | 1.5% | 1.9% | -4.8% | -7.3% | -6.4% | -6.3% |
| Free cash flow margin | - | 8.2% | - | - | 3.5% | - | - | 9.8% | - | - |
| FCF / Net income | - | 5.35 | - | - | 2.30 | - | - | -1.35 | - | - |
| R&D / Revenue | 5.5% | 5.4% | 6.2% | 5.4% | 5.8% | 6.5% | 7.2% | 7.8% | 5.8% | 6.2% |
| SG&A / Revenue | 14.0% | 15.5% | 18.4% | 16.2% | 17.7% | 19.0% | 21.6% | 20.9% | 18.4% | 14.6% |
| Effective tax rate | 27.8% | 25.5% | 73.2% | 48.6% | 54.9% | -30.8% | - | - | - | - |
| Return on assets | 2.1% | 0.3% | 0.2% | 0.4% | 0.3% | 0.4% | -0.9% | -1.2% | -1.6% | -1.7% |
| Return on equity | 9.5% | 1.4% | 0.7% | 1.3% | 1.3% | 1.4% | -3.4% | -4.9% | -11.0% | -8.4% |
| Return on invested capital | 2.2% | 1.8% | 0.6% | 0.8% | 0.8% | 1.1% | -0.2% | 0.1% | -0.7% | -0.5% |
| Liquidity | ||||||||||
| Current ratio | 2.10 | 2.33 | 2.25 | 2.63 | 2.33 | 2.65 | 3.30 | 2.68 | 2.13 | 2.33 |
| Quick ratio | 1.55 | 1.86 | 1.71 | 2.21 | 1.75 | 2.19 | 2.66 | 2.11 | 1.72 | 1.63 |
| Cash ratio | 0.83 | 1.01 | 0.96 | 1.31 | 0.87 | 1.17 | 1.65 | 1.43 | 0.86 | 0.89 |
| Leverage | ||||||||||
| Debt / Equity | 1.12 | 1.14 | 1.12 | 1.06 | 1.64 | 1.68 | 1.83 | 1.82 | 3.39 | 2.42 |
| Debt / Assets | 0.25 | 0.28 | 0.27 | 0.35 | 0.42 | 0.45 | 0.49 | 0.46 | 0.50 | 0.48 |
| Debt / EBITDA | 14.42 | 13.65 | 29.77 | 27.20 | 20.36 | 38.42 | 190.50 | 39.47 | 1081.40 | 430.64 |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 4.43 | 4.10 | 4.10 | 3.01 | 3.95 | 3.77 | 3.75 | 3.98 | 6.77 | 5.03 |
| Liabilities / Assets | 0.65 | 0.62 | 0.62 | 0.66 | 0.74 | 0.73 | 0.73 | 0.74 | 0.85 | 0.80 |
| Efficiency | ||||||||||
| Asset turnover | 0.20 | 0.21 | 0.20 | 0.20 | 0.22 | 0.20 | 0.19 | 0.17 | 0.25 | 0.26 |
| Inventory turnover | 0.77 | 1.16 | 0.90 | 1.31 | 0.99 | 1.40 | 1.17 | 0.92 | 1.63 | 1.08 |
| Days sales outstanding | - | - | 347d | 330d | 295d | 306d | 217d | 227d | 209d | 195d |
| Days inventory outstanding | 472d | 315d | 406d | 279d | 370d | 261d | 311d | 398d | 224d | 337d |
| Days payable outstanding | 588d | 451d | 426d | 333d | 366d | 314d | 266d | 347d | 173d | 192d |
| Cash conversion cycle | - | - | 327d | 276d | 299d | 253d | 262d | 278d | 260d | 340d |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -6.2% | 0.6% | 7.9% | 28.3% | 24.4% | -21.6% | -33.6% | -41.1% | -17.1% | -4.5% |
| Revenue CAGR (3y) | -7.2% | -9.7% | -11.2% | -6.6% | -10.1% | -11.8% | -2.1% | -2.0% | 10.9% | 16.4% |
| Revenue CAGR (5y) | 2.4% | 3.3% | 2.9% | 6.1% | 4.6% | 5.0% | -1.3% | -7.0% | 13.1% | 6.5% |
| Gross profit growth (YoY) | -10.5% | -1.7% | 6.9% | 27.7% | 18.1% | -9.9% | -25.8% | -30.0% | -13.8% | -2.1% |
| Operating income growth (YoY) | 38.9% | 12.8% | -14.5% | - | 1230.0% | - | 53.8% | -92.6% | - | - |
| Net income growth (YoY) | 363.4% | 1.0% | -52.6% | - | - | - | 50.0% | - | - | - |
| EPS growth (YoY) | 544.4% | -60.0% | - | - | - | - | 52.7% | - | - | - |
| EPS CAGR (3y) | - | -26.3% | - | 31.0% | -48.5% | - | - | - | - | - |
| EPS CAGR (5y) | 20.3% | -12.9% | - | - | 58.5% | 4.6% | - | - | - | - |
| FCF growth (YoY) | - | 135.4% | - | - | -55.3% | - | - | - | - | - |
| FCF CAGR (5y) | - | 6.2% | - | - | -9.8% | - | - | 98.4% | - | - |
| Book value growth (YoY) | -34.5% | -2.7% | 0.7% | 48.8% | -2.4% | 75.9% | 24.3% | 16.5% | -40.1% | -6.6% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-08-29.
Business segments
$1.37B totalAdvanced Computing Segment$648.42M · 47.4%
Integrated Memory Segment$464.25M · 33.9%
Optimized LEDSegment$256.13M · 18.7%
Product / service
$1.34B totalProduct$1.07B · 80.3%
Service$263.71M · 19.7%
Geographic
$1.37B totalUS$776.51M · 56.7%
CN$186.85M · 13.7%
Other Country$161.14M · 11.8%
MX$147.30M · 10.8%
Europe$97.00M · 7.1%
Peer comparison
Same SIC group: Semiconductors & Related Devices
Comparing SMART Global Holdings against the 5 most active filers in the same SIC group.