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Lattice Semiconductor Corporation (LSCC) Q4 2025 Earnings Call Transcript

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Lattice Semiconductor reported Q4 2025 revenue of $198.6 million, a 12% year-over-year increase, driven by strong demand in industrial, automotive, and communications sectors. CEO Fouad Tamer highlighted record annual revenue of $754 million, attributing growth to AI/ML acceleration and edge computing solutions, with FPGA adoption surging in data centers. The company forecasted Q1 2026 revenue between $185–205 million, citing macroeconomic uncertainty but sustained demand for low-power programmable chips in 5G and IoT applications. CFO Lorenzo Flores emphasized gross margins of 68.5%, up 2% YoY, due to cost optimizations and higher-margin product mix, including quantum-resistant security solutions. Analysts probed AI infrastructure investments, with leadership confirming expanded R&D for next-gen FPGAs targeting quantum-classical hybrid computing workloads.
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Lattice Semiconductor Corporation (LSCC) Q4 2025 Earnings Call Transcript

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SA Transcripts158.28K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call Lattice Semiconductor Corporation (LSCC) Q4 2025 Earnings Call February 10, 2026 5:00 PM EST Company Participants Rick Muscha - Senior Director of Investor RelationsFouad Tamer - CEO, President & DirectorLorenzo A. Flores - Senior VP & CFO Conference Call Participants Ruben Roy - Stifel, Nicolaus & Company, Incorporated, Research DivisionMelissa Weathers - Deutsche Bank AG, Research DivisionQuinn Bolton - Needham & Company, LLC, Research DivisionChristopher Rolland - Susquehanna Financial Group, LLLP, Research DivisionKevin Garrigan - Jefferies LLC, Research DivisionGary Mobley - Loop Capital Markets LLC, Research DivisionJoshua Buchalter - TD Cowen, Research DivisionSrinivas Pajjuri - RBC Capital Markets, Research Division Presentation Operator Greetings, and welcome to the Lattice Semiconductor Fourth Quarter and Full Year 2025 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Rick Muscha, Vice President of Investor Relations. Thank you, Rick. You may begin. Rick MuschaSenior Director of Investor Relations Thank you, operator, and good afternoon, everyone. With me today are Ford Tamer, Lattice's CEO; and Lorenzo Flores, Lattice's CFO. We'll provide a financial and business review of the fourth quarter of 2025 and the business outlook for the first quarter of 2026. If you have not obtained a copy of our earnings press release, it can be found at our company website in the Investor Relations section at latticesemi.com. I would like to remind everyone that during our conference call today, we may make projections or other forward-looking statements regarding future events or the future financial performance of the company. We wish to caution you that such statements are predictions based on information that is currently available and that actual results may differ materially. We refer you to the documents that the company files with the SEC, including our 10-Ks, 10-Qs and 8-Ks. These documents contain and

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