Loading...
•
Jun 28, 2025
Lattice Q2 2025 Earnings Report
Lattice Semiconductor reported its second quarter 2025 financial results, showing broad-based growth across key financial metrics and record design wins.
Key Takeaways
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.
Revenue for Q2 2025 was $124.0 million, showing sequential growth.
GAAP net income was $2.9 million, with a diluted EPS of $0.02.
Non-GAAP diluted EPS reached $0.24, and adjusted EBITDA margin was 34.1%.
The company reported strong operating cash flow margin of 31.1% and free cash flow margin of 25.2%.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
For the third quarter of 2025, Lattice Semiconductor expects revenue to be between $128 million and $138 million. Non-GAAP gross margin is projected to be 69.5% plus or minus 1%, and non-GAAP total operating expenses are expected to be between $52 million and $54 million. Non-GAAP net income is anticipated to be between $0.26 and $0.30 per share.
Positive Outlook
- Expected revenue growth to $128 million - $138 million.
- Anticipated increase in non-GAAP gross margin to 69.5% +/- 1%.
- Projected non-GAAP net income per share of $0.26 - $0.30.
- Non-GAAP income tax rate expected to be low, between 5% and 6%.
- Continued focus on disciplined investments in product roadmap and revenue generation.
Challenges Ahead
- Estimates are inherently uncertain due to global economic conditions and cyclical nature of the semiconductor industry.
- Pricing and inflationary pressures could impact actual results.
- Competitive actions may affect market share and profitability.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...