Lattice Semiconductor Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 27, 2025	Dec '24 Dec 28, 2024	Dec '23 Dec 30, 2023	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022	Jan '21 Jan 2, 2021
Revenue	494.89	509.4	737.15	660.36	515.33	408.12
Revenue Growth (YoY)	-12.03%	-30.90%	11.63%	28.14%	26.27%	1.00%
Cost of Revenue	166.13	169	222.48	208.31	193.65	162.81
Gross Profit	328.76	340.4	514.67	452.05	321.68	245.31
Selling, General & Admin	147.31	125.44	145.04	122.08	105.62	95.33
Research & Development	164.63	150.8	151.97	135.77	110.52	89.22
Amortization of Goodwill & Intangibles	0.9	3.48	3.48	3.78	2.61	4.45
Operating Expenses	313.33	279.72	300.49	261.62	218.75	189
Operating Income	15.43	60.68	214.18	190.43	102.93	56.3
Interest Expense	-0.27	-0.27	-2.97	-4.81	-2.74	-3.7
Interest & Investment Income	3.31	4.21	5.01	0.66	-	-
Other Non Operating Income (Expenses)	-2.18	-2.18	0.55	-1.11	-0.45	-0.21
EBT Excluding Unusual Items	16.03	62.45	216.76	185.17	99.74	52.39
Merger & Restructuring Charges	-3.57	-12.29	-1.91	-3.06	-2.11	-3.94
Asset Writedown	-13.93	-13.93	-	-	-	-
Pretax Income	-1.46	36.23	214.86	182.11	97.63	48.46
Income Tax Expense	-28.71	-24.9	-44.21	3.23	1.7	1.06
Net Income	27.24	61.13	259.06	178.88	95.92	47.39
Net Income to Common	27.24	61.13	259.06	178.88	95.92	47.39
Net Income Growth	-80.99%	-76.40%	44.82%	86.49%	102.40%	8.96%
Shares Outstanding (Basic)	137	138	138	137	137	135
Shares Outstanding (Diluted)	138	138	140	141	142	141
Shares Change (YoY)	-0.28%	-1.05%	-0.62%	-1.04%	0.61%	2.92%
EPS (Basic)	0.20	0.44	1.88	1.30	0.70	0.35
EPS (Diluted)	0.20	0.44	1.85	1.27	0.67	0.34
EPS Growth	-80.64%	-76.22%	45.67%	89.55%	97.06%	6.25%
Free Cash Flow	128.27	119.89	249.49	215.47	157.89	79.57
Free Cash Flow Per Share	0.93	0.87	1.78	1.53	1.11	0.56
Gross Margin	66.43%	66.82%	69.82%	68.45%	62.42%	60.11%
Operating Margin	3.12%	11.91%	29.05%	28.84%	19.97%	13.80%
Profit Margin	5.50%	12.00%	35.14%	27.09%	18.61%	11.61%
Free Cash Flow Margin	25.92%	23.54%	33.84%	32.63%	30.64%	19.50%
EBITDA	52.32	99.41	248.61	219.75	127.36	81.44
EBITDA Margin	10.57%	19.52%	33.73%	33.28%	24.71%	19.96%
D&A For EBITDA	36.88	38.74	34.43	29.32	24.43	25.14
EBIT	15.43	60.68	214.18	190.43	102.93	56.3
EBIT Margin	3.12%	11.91%	29.05%	28.84%	19.97%	13.80%
Effective Tax Rate	-	-	-	1.77%	1.75%	2.20%

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