Lattice Semiconductor 3Q 2026: Revenue $291M, EPS $0.08— 10-Q Summary

What happened

Lattice Semiconductor reported third-quarter 2026 revenue of $291M, up 118.3% from a year earlier, while net income rose to $11.2M and diluted earnings per share increased to $0.08 from $0.02.

Confirmed

Global impact / market context

The large revenue jump and higher profit show Lattice is selling far more chips, helped by the AMI acquisition that added $39.1M of revenue. Higher revenue can fund research and equipment spending while spreading fixed costs across more sales, lifting profit per sale.

Analyst inference

Strong demand from data center servers and wireline networking lifted Compute and Communications revenue 132%, while a 35% rise in Industrial and Embedded revenue signals recovery among industrial and aerospace customers. Lattice expects research, equipment and administrative costs to rise but shrink as a share of revenue.

Analyst inference

What to watch

1. Lattice is spending on research and development, equipment and tools to support growth, and expects those costs plus selling and administrative expenses to rise in dollar terms while falling as a share of revenue. Confirmed
2. Investors should watch whether Compute and Communications growth holds up, since that segment drove most of the increase and depends on continued data center server and wireline networking demand rather than one-off spending. Analyst inference
3. Watch how much of the $39.1M AMI contribution repeats next quarter, because acquisition revenue can be uneven and its durability affects whether total revenue stays near the current $291M level. Analyst inference

Evidence

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