Semtech : Financial Reports Q3 (Q326 Earnings Release)

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Exhibit 99.1 ?FOR IMMEDIATE RELEASE Contact: Mitch Haws Semtech Corporation webir@semtech.com Semtech Announces Third Quarter of Fiscal Year 2026 Results Record net sales of $267.0 million, representing 13% year-over-year growth GAAP gross margin of 51.9%, up from 51.1% a year ago and Non-GAAP adjusted gross margin of 53.0%, up from 52.4% a year ago GAAP operating margin of 11.6% compared to 7.5% a year ago and Non-GAAP adjusted operating margin of 20.6% compared to 18.3% a year ago GAAP diluted loss per share of $0.03 compared to a diluted loss per share of $0.10 a year ago and Non-GAAP adjusted…