Lattice Semiconductor Income Statement

Financials in millions USD. Fiscal year is February - January.

Millions USD. Fiscal year is Feb - Jan.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan '26 Jan 3, 2026	Dec '24 Dec 28, 2024	Dec '23 Dec 30, 2023	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Revenue	523.26	509.4	737.15	660.36	515.33
Revenue Growth (YoY)	2.72%	-30.90%	11.63%	28.14%	26.27%
Cost of Revenue	166.32	169	222.48	208.31	193.65
Gross Profit	356.94	340.4	514.67	452.05	321.68
Selling, General & Admin	152.53	125.44	145.04	122.08	105.62
Research & Development	187.98	150.8	151.97	135.77	110.52
Amortization of Goodwill & Intangibles	0.05	3.48	3.48	3.78	2.61
Operating Expenses	340.56	279.72	300.49	261.62	218.75
Operating Income	16.38	60.68	214.18	190.43	102.93
Interest Expense	-	-0.27	-2.97	-4.81	-2.74
Interest & Investment Income	2.9	4.21	5.01	0.66	-
Other Non Operating Income (Expenses)	-0.55	-2.18	0.55	-1.11	-0.45
EBT Excluding Unusual Items	18.73	62.45	216.76	185.17	99.74
Merger & Restructuring Charges	-4.04	-12.29	-1.91	-3.06	-2.11
Asset Writedown	-	-13.93	-	-	-
Legal Settlements	-1.11	-	-	-	-
Other Unusual Items	-0.2	-	-	-	-
Pretax Income	13.38	36.23	214.86	182.11	97.63
Income Tax Expense	10.29	-24.9	-44.21	3.23	1.7
Net Income	3.08	61.13	259.06	178.88	95.92
Net Income to Common	3.08	61.13	259.06	178.88	95.92
Net Income Growth	-94.95%	-76.40%	44.82%	86.49%	102.40%
Shares Outstanding (Basic)	137	138	138	137	137
Shares Outstanding (Diluted)	138	138	140	141	142
Shares Change (YoY)	-0.06%	-1.05%	-0.62%	-1.04%	0.61%
EPS (Basic)	0.02	0.44	1.88	1.30	0.70
EPS (Diluted)	0.02	0.44	1.85	1.27	0.67
EPS Growth	-95.45%	-76.22%	45.67%	89.55%	97.06%
Free Cash Flow	132.58	119.89	249.49	215.47	157.89
Free Cash Flow Per Share	0.96	0.87	1.78	1.53	1.11
Gross Margin	68.22%	66.82%	69.82%	68.45%	62.42%
Operating Margin	3.13%	11.91%	29.05%	28.84%	19.97%
Profit Margin	0.59%	12.00%	35.14%	27.09%	18.61%
Free Cash Flow Margin	25.34%	23.54%	33.84%	32.63%	30.64%
EBITDA	51.86	99.41	248.61	219.75	127.36
EBITDA Margin	9.91%	19.52%	33.73%	33.28%	24.71%
D&A For EBITDA	35.48	38.74	34.43	29.32	24.43
EBIT	16.38	60.68	214.18	190.43	102.93
EBIT Margin	3.13%	11.91%	29.05%	28.84%	19.97%
Effective Tax Rate	76.95%	-	-	1.77%	1.75%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.