NASDAQ$LSCC

Lattice Semiconductor Corp · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

Lattice Semiconductor reported flat sequential revenue and sharply lower net income for its second quarter of fiscal 2025.

Revenue for the three months ended June 28, 2025 was $123.971 million, essentially unchanged from the prior-year quarter, while net income fell 87% to $2.913 million. Gross margin held steady at 68.4% and operating expenses rose due to higher stock-based compensation and R&D spending. The company generated strong operating cash flow over the first half of the year and continued share repurchases under its authorized program.

  • Q2 2025 revenue of $124.0 million was flat year-over-year as growth in Communications & Computing offset declines in Industrial & Automotive.
  • Net income dropped to $2.9 million ($0.02 per share) from $22.6 million in the year-ago quarter, primarily due to elevated operating expenses.
  • Gross margin remained stable at 68.4% while cash and cash equivalents stood at $107.2 million at quarter end.
  • Asia continued to represent 67% of revenue; the company repurchased $45.9 million of common stock during the quarter.

Headline financials

Total Revenue

$124M

Previous: $124M-0.1%
EPS (adj)

$0.02

Previous: $0.16-87.5%
Capital Expenditures

-$15.8M

Previous: -$10.6M-49.8%
Net Income

$2.91M

Previous: $22.6M-87.1%
Operating Income

$4.71M

Previous: $22.6M-79.1%
Gross Profit

$84.8M

Previous: $84.8M+0.0%
Cash & Equivalents

$107M

No prior period

Revenue & EPS history

Lattice · Revenue · Quarterly

$124M

Q2 2025-0.1%vs Q2 2024
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Revenue by segment

Lattice · $124M total across 3 segments · Q2 2025

  • Communications and Computing
    $68.7M
  • Industrial and Automotive
    $47.4M
  • Consumer
    $7.96M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

+1.8%

Avg return

Earnings day

+2.9%

Avg return

5 days after

+4.5%

Avg return

30 days after

56%

35 / 63 earnings

Positive

+33.3%

Q4 2018

Best reaction

-20.7%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2026-2.7%+1.3%+20.9%
Q4 2025+16.3%+7.3%-5.7%
Q3 2025-13.1%-12.8%+4.1%
Q1 2025-10.3%-5.4%-10.5%
Q4 2024+7.7%+18.3%+6.4%
Q3 2024-2.1%+4.3%+13.6%
Q2 2024-9.6%-18.1%-15.9%
Q1 2024-7.1%-4.0%+3.2%
Q4 2023+3.7%+5.0%+11.8%
Q3 2023-20.7%-17.8%-15.8%
Q2 2023+2.2%+1.9%+4.3%
Q1 2023+5.0%+5.8%+2.0%
Q4 2022+10.1%+7.5%+10.3%
Q3 2022+2.8%+2.5%+42.4%
Q2 2022+3.4%+4.9%-12.4%
Q1 2022+7.0%-3.6%+9.4%
Q4 2021+16.8%+9.3%+8.3%
Q3 2021+7.6%+13.6%+4.5%
Q2 2021+1.6%+7.8%+10.0%
Q1 2021-1.1%+3.0%+3.9%
Q3 2020-2.1%+2.8%+20.9%
Q2 2020-4.6%-1.7%-8.8%
Q1 2020+14.2%+6.5%+25.4%
Q4 2019+11.6%+9.3%-17.8%
Q3 2019+2.7%+4.2%-0.1%
Q2 2019+18.1%+16.1%+21.4%
Q1 2019+6.3%+16.5%-2.7%
Q4 2018+33.3%+39.4%+60.9%
Q3 2018-12.8%-18.3%-21.4%
Q2 2018+12.0%+12.3%+11.1%
Q1 2018+7.1%+4.0%+5.2%
Q4 2017-9.3%-8.3%+4.2%
Q3 2017+8.1%+9.0%-4.2%
Q2 2017-4.6%-10.0%-15.5%
Q1 2017+3.9%+3.9%+4.7%
Q4 2016-1.4%-1.0%+1.3%
Q3 2016+0.0%-0.4%-11.1%
Q2 2016-7.0%-6.0%+1.0%
Q1 2016+6.8%
Q4 2015+13.9%
Q3 2015+2.0%
Q2 2015-1.6%
Q1 2015+1.8%
Q4 2014-7.5%
Q3 2014+0.5%
Q2 2014-4.7%
Q1 2014+7.6%
Q4 2013+22.0%
Q3 2013+19.2%
Q2 2013+0.0%
Q1 2013-0.8%
Q4 2012+7.7%
Q3 2012+3.9%
Q2 2012-6.2%
Q1 2012-11.8%
Q4 2010+0.6%
Q4 2011+0.6%
Q3 2011+0.5%
Q2 2011-11.2%
Q1 2011-11.2%
Q3 2010-2.4%
Q2 2010-4.5%
Q1 2010-4.2%

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