📊 LSCC Key Takeaways
Is Lattice Semiconductor Corp. (LSCC) a Good Investment?
LSCC demonstrates a fortress balance sheet with zero debt and exceptional liquidity, generating solid free cash flow despite severe profitability deterioration. However, net income collapsed 95% YoY while margins compressed dramatically (operating margin 2.1%, net margin 0.6%), signaling operational challenges that offset financial strength and warrant cautious positioning.
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.
Why Buy Lattice Semiconductor Corp. Stock? LSCC Key Strengths
- Zero long-term debt with $133.9M cash position and 3.09x current ratio ensuring strong liquidity
- Robust free cash flow of $132.6M (25.3% FCF margin) demonstrates underlying cash generation capability
- Healthy gross margin of 68.2% indicates strong product-level economics in semiconductor business
- 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
- Net income declined 95% YoY to $3.1M while operating margin compressed to 2.1%, signaling severe operational deterioration
- Extremely low profitability metrics (ROE 0.4%, ROA 0.3%) indicate capital is generating minimal returns despite asset base of $883.1M
- Wide gap between 68.2% gross margin and 2.1% operating margin suggests elevated operating expenses consuming profitability
- 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
- Operating margin trajectory - critical to confirm if 2.1% represents bottom or continued deterioration
- Net income stabilization and path back to profitability given 95% YoY decline
- Operating expense ratio relative to revenue to identify efficiency improvements or structural challenges
- Operating margin trajectory
- Free cash flow margin consistency
Lattice Semiconductor Corp. (LSCC) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The 25.3% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. Strong liquidity with a 3.09x 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 |
|---|---|---|---|
| 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 |
| Q2 2023 | $161.4M | $44.5M | $0.32 |
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 Rating of BUY from Claude (HOLD) and ChatGPT (BUY) with 60% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are LSCC's key strengths?
Claude: Zero long-term debt with $133.9M cash position and 3.09x current ratio ensuring strong liquidity. Robust free cash flow of $132.6M (25.3% FCF margin) demonstrates underlying cash generation capability. 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: Net income declined 95% YoY to $3.1M while operating margin compressed to 2.1%, signaling severe operational deterioration. Extremely low profitability metrics (ROE 0.4%, ROA 0.3%) indicate capital is generating minimal returns despite asset base of $883.1M. 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 $523.3M.
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 $0.02.
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 rating reflects both perspectives for balanced insights.
Is LSCC a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Lattice Semiconductor Corp. has a BUY rating with 60% 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 0.4% (sector avg: 22%), net margin of 0.6% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.
Should I buy LSCC stock in 2026?
Our dual AI analysis gives Lattice Semiconductor Corp. a combined BUY rating 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 $175.1M, with capital expenditures of $42.5M. FCF margin is 25.3%.
How does LSCC compare to other Technology stocks?
Vs Technology sector averages: Net margin 0.6% (avg: 18%), ROE 0.4% (avg: 22%), current ratio 3.09 (avg: 2.5).