Lattice Semiconductor Corporation (LSCC) Stock Analysis
Technology · Semiconductors · NasdaqGS
Lattice Semiconductor Corporation (LSCC) posted $523.26M in revenue for fiscal 2025 (up 2.7% year over year), at a 0.6% net margin, and has compounded revenue about 5.1%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on Lattice Semiconductor Corporation
Lattice Semiconductor Corporation has grown revenue from $427.05M to $523.26M over the last 10 fiscal years, compounding about 5.1% a year. The most recent year was up 2.7%, so growth has cooled from its longer-run pace.
Net margin sits at 0.6%, down 11.4 points year over year on a 68.2% gross margin.
At today's valuation the market is pricing in roughly 34.6% annual free-cash-flow growth — versus the 10.8% it actually delivered over the last five years, so the price already assumes a step-up from the recent record. The one thing worth a second look in the filings is receivables growing faster than sales.
Synthesised from Lattice Semiconductor Corporation's SEC filings — descriptive, not advice. Ask the analyst your own question →
Lattice Semiconductor Corporation revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2021 | 2022 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $427.05M | $385.96M | $398.80M | $404.09M | $408.12M | $515.33M | $660.36M | $737.15M | $509.40M | $523.26M |
| Gross profit | $247.07M | $216.58M | $219.44M | $238.42M | $245.31M | $321.68M | $452.05M | $514.67M | $340.40M | $356.94M |
| Net income | $-54.10M | $-70.56M | $-26.32M | $43.49M | $47.39M | $95.92M | $178.88M | $259.06M | $61.13M | $3.08M |
| Net margin | -12.7% | -18.3% | -6.6% | 10.8% | 11.6% | 18.6% | 27.1% | 35.1% | 12.0% | 0.6% |
Source: Lattice Semiconductor Corporation SEC filings (10-K). 17 years of history available in the interactive view.
Lattice Semiconductor Corporation: 2 potential red flags in the filings
Patterns in the filed statements worth a second look — computed and cited, not AI guesswork, and not a signal to sell. The kind of thing that hides in a 10-K.
- Receivables growing faster than salesAccounts receivable rose 26.2% while revenue rose 2.7% in the latest year — a gap that can signal looser credit terms or pulled-forward sales. Worth checking days-sales-outstanding.
- Net margin shrinkingNet margin fell from 27.1% to 0.6% over ~3 years — profitability is compressing.
What growth is priced into LSCC stock?
At today's market cap of $18.34B, Lattice Semiconductor Corporation is priced for free-cash-flow growth of about 34.6% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $132.58M from the FY ending 2025-12-31). For comparison, free cash flow actually grew 10.8%/yr over the last five fiscal years and revenue 5.1%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 17 years of Lattice Semiconductor Corporation financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Lattice Semiconductor Corporation financial history by metric
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About Lattice Semiconductor Corporation
Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor, silicon-based and silicon-enabling, evaluation boards, and development hardware products in Asia, Europe, and the Americas. It offers field programmable gate arrays (FPGA), which are regular arrays of logic that can be custom-configured by the user through software. The company's products include small FPGA platforms, including Lattice Nexus and Lattice Nexus 2; Lattice Avant, a mid-range FPGA platform; general purpose FPGA, such as Lattice Avant-G, Certus-NX, CertusPro, and Certus-N2; and specialized FPGAs, which includes Lattice Avant-E, Avant-X, SCP, MachXO, iCE, CrossLink,and CrossLinkPlus. It also provides design software that includes Lattice Radiant to deliver tools that enable predictable design convergence; Lattice Propel for creating embedded processor-based designs; develops Lattice Automate for industrial automation and robotics; Lattice mVision forlow power embedded vision; Lattice ORAN for control data security, fronthaul synchronization, and low power hardware acceleration; Lattice sensAI for Edge AI applications; Lattice Sentry for hardware security implementation; and Lattice Drive for automotive system designs and applications. In addition, the company offers Glance, an edge AI application software that allows users to control the AI and computer vision experiences for various edge applications, including client computing, industrial, and automotive applications; and sells video connectivity application specific standard products. Further, it provides standard IP and IP core licensing, patent monetization, and IP services. The company serves communications and computing, industrial and automotive, and consumer markets. Lattice Semiconductor Corporation was incorporated in 1983 and is headquartered in Hillsboro, Oregon.
Lattice Semiconductor Corporation — frequently asked questions
What is Lattice Semiconductor Corporation's revenue?
Lattice Semiconductor Corporation (LSCC) reported revenue of $523.26M for fiscal year 2025, up 2.7% from the prior year, according to its SEC filings.
Is Lattice Semiconductor Corporation profitable?
Yes. LSCC earned net income of $3.08M in fiscal 2025, a net margin of 0.6%.
What is LSCC's P/E ratio?
Lattice Semiconductor Corporation trades at a price-to-earnings ratio of about 956.1 based on the latest data in our nightly-refreshed cache.
How fast is Lattice Semiconductor Corporation growing?
LSCC's revenue grew at roughly 5.1% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Lattice Semiconductor Corporation have?
As of fiscal year 2025, LSCC carried roughly $0 in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Lattice Semiconductor Corporation's gross margin?
LSCC's gross margin was 68.2% in fiscal 2025 — gross profit of $356.94M on revenue of $523.26M.
What is Lattice Semiconductor Corporation's market cap?
Lattice Semiconductor Corporation (LSCC) has a market capitalization of about $18.34B, based on the latest data in our nightly-refreshed cache.
When does Lattice Semiconductor Corporation's fiscal year end?
LSCC's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into LSCC stock?
At today's market cap of $18.34B, Lattice Semiconductor Corporation is priced for free-cash-flow growth of about 34.6% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $132.58M from the FY ending 2025-12-31). For comparison, free cash flow actually grew 10.8%/yr over the last five fiscal years and revenue 5.1%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Lattice Semiconductor Corporation's official SEC filings (10-K and 10-Q), covering 17 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.