Lattice Semiconductor (LSCC)
NASDAQ:LSCC
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Earnings Data
Report Date
Aug 03, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.38Last Year’s EPS
0.24Same Quarter Last Year
Strong Buy
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a strongly positive operating and financial performance: robust top-line growth (Q1 revenue +42% YoY), outsized EPS and margin expansion, improving channel inventory, accelerating bookings and backlog, and a transformative acquisition (AMI) expected to be immediately accretive and to help reach a >$1B run rate. Lowlights are manageable near-term headwinds: backend supply-chain pressure and related cost inflation, sequential declines in cash flow and free cash flow due to timing and bonuses, higher operating expenses as the company invests, and the near-term cash funding required for the AMI deal. Overall, the positive operational momentum, strong guidance, and strategic acquisition materially outweigh the risks called out on the call.Company Guidance
Strong Revenue Growth
Q1 revenue of $170.9M, up 42% year-over-year and 17% sequentially, driven by broad end-market strength.
Compute & Communications Surge
Compute and communications achieved record revenue, up 86% year-over-year and 15% sequentially; this end market represented 62% of Q1 revenue.
Significant EPS and Margin Expansion
Non-GAAP EPS grew ~86% year-over-year to $0.41 (30% quarter-over-quarter). Non-GAAP gross margin was ~70% (up 100 bps YoY and 60 bps QoQ). Non-GAAP operating margin expanded 370 bps to 34.4% and EBITDA margin expanded 310 bps to 39.6%.
Strong Guidance and Continued Momentum
Q2 revenue guidance $175M–$195M (midpoint ~$185M) implying nearly 50% YoY growth; Q2 non-GAAP EPS guidance $0.42–$0.46 (midpoint reflects ~80% YoY EPS growth). Gross margin guidance ~70% ±1%.
Improving Channel Inventory and Backlog
Channel inventory reduced from ~3 months to close to ~2 months of inventory on hand, expected to drop below 2 months in Q2. Company reports accelerating bookings and a backlog extending into 2027.
Strategic AMI Acquisition (Transformational)
Signed definitive agreement to acquire AMI for ~$1.65B (≈$1.0B cash + $650M equity, ~5.4M shares). Management expects immediate non-GAAP accretion to gross margin, free cash flow, and EPS; combined SAM expected to roughly double from ~$6B to ~$12B over 3–4 years.
Path to >$1B Revenue Run Rate and Strong Cash Generation Profile
Management expects pro forma revenue to exceed a $1B annual run rate by year-end (inclusive of AMI) and referenced ~40% free cash flow conversion on that run rate; repurchased $15M of stock in Q1; quarter-end cash of $140M and no debt.
Industrial & Embedded Recovery
Industrial and embedded revenue grew >20% sequentially (management cites 21% QoQ / 22% in different remarks) driven by factory automation, robotics, and medical demand.
LSCC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
LSCC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 10, 2026 | $90.95 | $105.77 | +16.29% |
Nov 03, 2025 | $72.82 | $63.23 | -13.17% |
Aug 04, 2025 | $48.73 | $56.14 | +15.21% |
May 05, 2025 | $52.46 | $47.59 | -9.28% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Lattice Semiconductor (LSCC) report earnings?
Lattice Semiconductor (LSCC) is schdueled to report earning on Aug 03, 2026, After Close (Confirmed).
What is Lattice Semiconductor (LSCC) earnings time?
Lattice Semiconductor (LSCC) earnings time is at Aug 03, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LSCC EPS forecast?
LSCC EPS forecast for the fiscal quarter 2026 (Q2) is 0.38.
