📊 LSCC Key Takeaways
Is Lattice Semiconductor Corp. (LSCC) a Good Investment?
LSCC exhibits a critical disconnect between revenue and earnings: 17968% revenue growth YoY conflicts sharply with a 95% net income decline, suggesting acquisition-driven top-line expansion with significant earnings dilution. While the balance sheet is fortress-like (zero debt, $140M cash, 3.48x current ratio) and operating cash flow remains positive ($50.3M), depressed ROE (2.9%) and ROA (2.4%) reflect poor capital efficiency post-acquisition, warranting cautious observation of integration success and margin recovery.
Lattice combines robust revenue growth and high gross margins with a debt-free, highly liquid balance sheet. Despite a sharp decline in GAAP net income and very thin operating margin, cash generation is strong with a 25% FCF margin, indicating underlying profitability likely masked by non-cash or transitory items. If operating expenses normalize and scale, margins should recover toward the company’s strong gross margin profile.
Lattice Semiconductor Corp. Key Strengths (LSCC)
- Zero debt and fortress balance sheet with $140M cash reserves
- Exceptional liquidity ratios (3.48x current, 2.69x quick) provide operational flexibility
- Positive operating cash flow ($50.3M) and solid free cash flow margin (23.2%) demonstrate underlying cash generation
- Gross margins of 68.8% show underlying business unit profitability
- High gross margin (68.2%) indicating strong product economics
- Strong free cash flow (25.3% margin) and positive OCF
- Debt-free balance sheet with ample liquidity (3.09x current ratio)
LSCC Stock Risks: Lattice Semiconductor Corp. Investment Risks
- 95% net income decline YoY despite massive revenue growth indicates severe earnings dilution, likely from acquisition
- Extremely low ROE (2.9%) and ROA (2.4%) suggest poor capital deployment and returns on consolidated entity
- Revenue growth of 17968% is unsustainably extreme and points to one-time events rather than organic momentum
- Significant insider trading activity (43 Form 4 filings in 90 days) may indicate uncertain outlook or stakeholder concerns
- Severe operating and net margin compression despite revenue growth
- Potential one-time charges or opex inflation masking true earnings power
- Semiconductor cycle and competitive pressures could hinder margin recovery
Key Metrics to Watch
- Net income recovery trend in upcoming quarters - critical indicator of acquisition integration success
- Organic revenue growth rate (excluding acquisition) to assess underlying business health
- Return on equity and assets normalization trajectory
- Operating margin sustainability and ability to expand margins post-acquisition
- Operating margin trajectory
- Free cash flow margin consistency
Lattice Semiconductor Corp. (LSCC) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The 23.2% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. Strong liquidity with a 3.48x current ratio provides a solid financial cushion.
LSCC Profit Margin, ROE & Profitability Analysis
LSCC vs Technology Sector: How Lattice Semiconductor Corp. Compares
How Lattice Semiconductor Corp. compares to Technology sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Lattice Semiconductor Corp. Stock Overvalued? LSCC Valuation Analysis 2026
Based on fundamental analysis, Lattice Semiconductor Corp. has mixed fundamental signals relative to the Technology sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Lattice Semiconductor Corp. Balance Sheet: LSCC Debt, Cash & Liquidity
LSCC Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Lattice Semiconductor Corp.'s revenue has grown significantly by 43% over the 5-year period, indicating strong business expansion. The most recent EPS of $1.85 reflects profitable operations.
LSCC Revenue Growth, EPS Growth & YoY Performance
LSCC Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $120.2M | $5.0M | $0.04 |
| Q3 2025 | $127.1M | $2.8M | $0.02 |
| Q2 2025 | $124.0M | $2.9M | $0.02 |
| Q1 2025 | $120.2M | $5.0M | $0.04 |
| Q3 2024 | $127.1M | $7.2M | $0.05 |
| Q2 2024 | $124.1M | $22.6M | $0.16 |
| Q1 2024 | $140.8M | $14.8M | $0.11 |
| Q3 2023 | $172.5M | $46.4M | $0.33 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Lattice Semiconductor Corp. Dividends, Buybacks & Capital Allocation
LSCC SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Lattice Semiconductor Corp. (CIK: 0000855658)
📋 Recent SEC Filings
❓ Frequently Asked Questions about LSCC
What is the AI rating for LSCC?
Lattice Semiconductor Corp. (LSCC) has a Combined AI Grade of A from Claude (B) and ChatGPT (A) with 56% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are LSCC's key strengths?
Claude: Zero debt and fortress balance sheet with $140M cash reserves. Exceptional liquidity ratios (3.48x current, 2.69x quick) provide operational flexibility. ChatGPT: High gross margin (68.2%) indicating strong product economics. Strong free cash flow (25.3% margin) and positive OCF.
What are the risks of investing in LSCC?
Claude: 95% net income decline YoY despite massive revenue growth indicates severe earnings dilution, likely from acquisition. Extremely low ROE (2.9%) and ROA (2.4%) suggest poor capital deployment and returns on consolidated entity. ChatGPT: Severe operating and net margin compression despite revenue growth. Potential one-time charges or opex inflation masking true earnings power.
What is LSCC's revenue and growth?
Lattice Semiconductor Corp. reported revenue of $170.9M.
Does LSCC pay dividends?
Lattice Semiconductor Corp. does not currently pay dividends.
Where can I find LSCC SEC filings?
Official SEC filings for Lattice Semiconductor Corp. (CIK: 0000855658) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is LSCC's EPS?
Lattice Semiconductor Corp. has a diluted EPS of $0.16.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is LSCC's fundamental grade?
Based on our AI fundamental analysis in May 2026, Lattice Semiconductor Corp. has a A grade with 56% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.
Is LSCC stock overvalued or undervalued?
Valuation metrics for LSCC: ROE of 2.9% (sector avg: 22%), net margin of 12.8% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.
What is LSCC's AI grade for 2026?
Our dual AI analysis gives Lattice Semiconductor Corp. a combined A grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is LSCC's free cash flow?
Lattice Semiconductor Corp.'s operating cash flow is $50.3M, with capital expenditures of $10.5M. FCF margin is 23.2%.
How does LSCC compare to other Technology stocks?
Vs Technology sector averages: Net margin 12.8% (avg: 18%), ROE 2.9% (avg: 22%), current ratio 3.48 (avg: 2.5).