Lattice Semiconductor Corporation
Explore Lattice Semiconductor
Core profile pages, annual revenue records, and related research hubs for this company.
Lattice Semiconductor Corporation
Explore Lattice Semiconductor
Core profile pages, annual revenue records, and related research hubs for this company.
Financial Performance
Revenue
$523.262M
Market Cap
$18.9B
Net Income
$3M
Employees
1,174
Lattice Semiconductor reported FY2025 revenue of $523.262 million, up 2.7% from FY2024, with GAAP net income of $3.084 million. Communications and Computing grew to $292.716 million, or 55.9% of revenue, helped by stronger data center and AI server demand. The company remains highly dependent on distributors, which accounted for 84% of FY2025 net revenue, and foreign sales, which accounted for 83%. The strategic story shifted further in May 2026 when Lattice announced a definitive agreement to acquire AMI for $1.65 billion, expanding the company from low-power FPGA silicon toward platform firmware and infrastructure manageability.
Revenue Trend Analysis
YoY Change
+2.7%
2-Year CAGR
-15.7%
Peak Year
2023
Trend
Mostly Growing
Lattice Semiconductor Corporation has reported revenue across 3 fiscal years, compounding at -15.7% annually over 2 years. The most recent year saw a 2.7% increase versus the prior year. Revenue peaked in 2023 at $737M. Out of 2 reported periods, 1 showed growth and 1 showed a decline.
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2025 | $523M | $3M | +2.7% |
| FY2024 | $509M | $61M | -30.9% |
| FY2023 | $737M | $259M | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
Lattice generates roughly $700 million to $800 million in annual revenue, making it significantly smaller than the semiconductor giants, but highly specialized.
Pricing power and focus. By dominating a specific niche (small FPGAs), they eliminated competition from cheap standard chips. Furthermore, they began charging more for the software and IP blocks they provide with the chips, driving gross margins above 70%.
Like all chipmakers, Lattice is exposed to the 'semi cycle' of boom and bust. In 2023/2024, as industrial and automotive customers worked through excess chip inventory, Lattice experienced temporary revenue headwinds, though their margins remained strong.
No. During their turnaround, management aggressively paid down debt. Today, Lattice operates with a very strong balance sheet, giving them the flexibility to invest heavily in R&D for next-generation products (like the Avant platform).
Lattice reinvests a massive percentage of its revenue (often around 20%) directly back into R&D. In the semiconductor industry, if you stop innovating for even a year, your products become obsolete, making sustained R&D spend mandatory for survival.
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Lattice Semiconductor Corporation Revenue & Financials." CorpDigest, https://corpdigest.com/company/lattice-semiconductor/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Lattice Semiconductor Corporation reported $523M in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/lattice-semiconductor/financials" target="_blank" rel="noopener">CorpDigest — Lattice Semiconductor Corporation financials</a></div>