Lattice Earnings Reports

Lattice delivered solid financial results for Q3 2025, posting higher revenue and strong adjusted EPS. The company achieved record revenue in its Communications and Computing segment, and maintained healthy profitability metrics while continuing to invest in strategic initiatives.

Lattice Semiconductor delivered a strong second quarter in 2025, with revenue of $124.0 million, a GAAP gross margin of 68.4%, and GAAP net income of $2.9 million. The company also reported a non-GAAP diluted EPS of $0.24 and an adjusted EBITDA margin of 34.1%. Growth was seen across key financial metrics, with solid performance in communications and computing markets and anticipated recovery in industrial and automotive markets.

Lattice Semiconductor delivered a solid Q1 2025 performance, growing revenue to $120.1 million and improving adjusted EBITDA margin to 33.4%. The company reported a GAAP net income of $5.0 million and generated $23.3 million in free cash flow.

Lattice Semiconductor reported Q4 FY24 revenue of $117.4 million, a 31.2% decline YoY. GAAP EPS was $0.12, while non-GAAP EPS stood at $0.15. Net income declined sharply YoY, and the company faced a one-time charge of $7 million related to assembly and test operations. Free cash flow was $39.7 million, representing a margin of 33.8%.

Lattice Semiconductor reported Q3 2024 revenue of $127.1 million. The company's GAAP gross margin was 69.0%, with a GAAP net income of $0.05 per diluted share. A one-time GAAP-only charge of $6.5 million was included due to spending reductions, which are expected to result in a 14% workforce reduction and a 14% reduction in non-headcount operating expenses.

Lattice Semiconductor reported Q2 2024 revenue of $124.1 million, a GAAP gross margin of 68.3%, and GAAP net income of $0.16 per diluted share. Non-GAAP gross margin was 69.0% with net income per diluted share of $0.23.

Lattice Semiconductor's first quarter 2024 revenue was $140.8 million. GAAP gross margin was 68.3% and GAAP net income was $0.11 per diluted share. On a non-GAAP basis, gross margin was 69% with net income per diluted share of $0.29.

Lattice Semiconductor reported fourth quarter and full year 2023 results. The company achieved record full year 2023 revenue of $737 million, up 12% year over year. Q4 revenue was $170.6 million, with GAAP gross margin of 69.7% and GAAP net income of $0.71 per diluted share. On a non-GAAP basis, gross margin was 70.4% with net income per diluted share of $0.45.

Lattice Semiconductor announced its Q3 2023 financial results, demonstrating solid growth with an 11% year-over-year increase in revenue and net income. The company achieved a GAAP operating profit of 29.6% and a non-GAAP operating profit of 40.3%.

Lattice Semiconductor reported strong Q2 2023 results, with revenue increasing by 18% year-over-year and net income growing by 14% on a GAAP basis and 23% on a non-GAAP basis. The company achieved an operating profit of 28% on a GAAP basis and 40% on a non-GAAP basis, with gross margin expansion of 120 basis points on a GAAP basis and 140 basis points on a non-GAAP basis compared to Q2 2022. Free cash flow margin was 35%, and the company continued its share repurchase program.

Lattice Semiconductor reported a strong first quarter in 2023, with a 22% year-over-year increase in revenue and significant growth in net income. The company achieved record operating profit and expanded gross margin, marking the twelfth consecutive quarter of sequential growth.

Lattice Semiconductor announced Q4 2022 financial results, achieving a 24% increase in revenue and a record operating profit of 30.7% on a GAAP basis. The company's strategic segments, including industrial and automotive, and communications and computing, contributed to the growth. Lattice launched the Avant™ platform in December, expanding its addressable market.

Lattice Semiconductor announced financial results for Q3 2022, with a 31% year-over-year revenue growth and a 73% year-over-year increase in net income on a GAAP basis. Topline growth was driven by industrial and automotive, as well as communications and computing segments. The company achieved an operating profit of 28.3% on a GAAP basis and a record 39.7% on a non-GAAP basis.

Lattice Semiconductor reported a 28% year-over-year revenue growth in Q2 2022. Net income increased by 104% on a GAAP basis and 68% on a non-GAAP basis. The growth was driven by communications and computing, and industrial and automotive segments. The company achieved a record operating profit of 29.0% on a GAAP basis and 38.1% on a non-GAAP basis.

Lattice Semiconductor reported strong Q1 2021 results, with a 19% increase in revenue year-over-year and a 52% expansion in non-GAAP net income year-over-year. The company also saw record operating profit and gross margin expansion.

Lattice Semiconductor reported improved financial performance in Q3 2020, with operating profit expansion and diluted EPS increasing 13% on a GAAP basis and 12% on a non-GAAP basis compared to the prior quarter. Gross margin also expanded sequentially and year-over-year.

Lattice Semiconductor reported a 3% sequential revenue growth in Q2 2020, driven by strong demand in communications and computing. Non-GAAP net income increased by 17% compared to the same period last year. The company launched Certus-NX™ and Propel™ software solution and remains on track to achieve additional key milestones in the second half of 2020.

Lattice Semiconductor reported a solid Q1 2020 with gross margin expansion and increased profitability. Diluted EPS was up 20% on a GAAP basis and up 36% on a non-GAAP basis compared to Q1 2019. The company generated $21 million in cash flow from operations and ended the quarter with $177 million in cash on hand.

Lattice Semiconductor Corporation announced financial results for the fiscal fourth quarter and full year ended December 28, 2019. Q4 revenue was $100.24 million and GAAP EPS was $0.10, while non-GAAP EPS was $0.17. Gross margin expanded to 59.2% on a GAAP basis and 59.6% on a non-GAAP basis.