How many employees work at Semtech?
Semtech Corp. (SMTC) has approximately 1,940 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Semtech’s total headcount has declined 7.1% from 2,088 employees in 2023 to 1,940 in 2026.
Is Semtech hiring right now?
Yes, Semtech is actively hiring. Semtech had 128 active job postings in 2026, a 29.3% decline from 2025 — see job openings & hiring trends.
About Semtech’s Workforce
Semtech Corp. (SMTC) is an Electronics Manufacturing company that employs 1,940 people worldwide as of March 2026. It is the 7th-largest by headcount among its peers. Founded in 1960, the company is headquartered in Camarillo, California and trades on the NASDAQ.
Semtech's workforce has declined 7.1% from 2023 to 2026, though it is up 0.5% year over year in 2026. It fell to a low of 1,864 in 2024 Q4 before recovering. Its workforce is concentrated most in North America (46.9%), followed by South Asia (14.0%) and East Asia (12.7%).
Semtech's functional groups are Finance and Operations (44.8%), Engineering (29.1%), and Sales and Marketing (26.0%), with Engineering growing fastest (up 1.5%). The average salary is $91,499, ranging from a median of $113,000 in Western Europe to $18,000 in South Asia, down 0.6% year over year in 2026.
Semtech's active job postings fell 29.3% in 2026 to 128, with new postings per month climbing from 40 in 2023 to 41 in 2026. Overall employee sentiment is neutral but improving.
Sourced from Revelio Labs workforce data.
- Ticker
- NASDAQ: SMTC
- Headquarters
- Camarillo, California
- Founded
- 1960
- Industry
- Electronics Manufacturing
- Employees
- 1,940
- YoY
- +0.5% (+55)
As of March 2026
Semtech workforce metrics
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for Semtech. Compare to peers, export the dataset, and access the full quarterly history.
Unlock MetricsSemtech Annual Employee Count (2023-2026)
- Semtech had 1,940 employees in 2026, a 0.5% increase (+55) from 2025.
- Semtech had 1,927 employees in 2025, a 0.8% increase (+63) from 2024.
- Semtech had 1,864 employees in 2024, a 1.8% decline (-71) from 2023.
- Semtech had 1,935 employees in 2023, a 7.0% decline (-209) from 2022.
Semtech's total workforce has grown from 1,864 employees in 2024 to 1,940 in 2026. Semtech's headcount peaked at 2,088 in 2023 before declining in 2024 and recovering through 2025 and 2026.
Semtech Corp. quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 1,940 | +55 | +0.5% |
| 2025 | Q4 | 1,927 | +63 | +0.8% |
| 2025 | Q3 | 1,922 | +47 | +0.3% |
| 2025 | Q2 | 1,920 | +26 | -0.0% |
| 2025 | Q1 | 1,885 | -29 | -1.4% |
| 2024 | Q4 | 1,864 | -71 | -1.8% |
| 2024 | Q3 | 1,875 | -133 | -3.3% |
| 2024 | Q2 | 1,894 | -194 | -5.6% |
| 2024 | Q1 | 1,914 | -198 | -6.1% |
| 2023 | Q4 | 1,935 | -209 | -7.0% |
| 2023 | Q3 | 2,008 | -153 | -6.9% |
| 2023 | Q2 | 2,088 | -41 | -3.6% |
See Semtech's complete headcount history, including quarterly breakdowns.
Get the DataSemtech Employee Count by Region (2026)
North America accounts for the largest share of Semtech's global workforce with approximately 47% of total employees, followed by South Asia and East Asia.
Semtech employees by region
| Region | Employees | % of Total |
|---|---|---|
| North America | 895 | 46.9% |
| South Asia | 268 | 14.0% |
| East Asia | 242 | 12.7% |
| Western Europe | 161 | 8.4% |
| Northern Europe | 84 | 4.4% |
| Central America and the Caribbean | 83 | 4.4% |
| Southern Europe | 70 | 3.7% |
| Southeast Asia | 52 | 2.7% |
| Pacific Islands | 26 | 1.4% |
| Sub-Saharan Africa | 17 | 0.9% |
Drill into city-level data, hiring trends by region, and historic geographic shifts.
Unlock Geographic DataSemtech Employee Count by Department (2026)
Semtech's employee groups are Finance and Operations (44.8%), Engineering (29.1%), and Sales and Marketing (26.0%).
Semtech employees by department
| Department | Employees | % of Total |
|---|---|---|
| Finance and Operations | 866 | 44.8% |
| Engineering | 563 | 29.1% |
| Sales and Marketing | 503 | 26.0% |
Compare Semtech's department mix to industry peers.
See Full DataSemtech Employee Salary by Region (2026)
Semtech's average employee salary is $91,499 globally. Employees in Western Europe receive the highest compensation, with median pay approximately 1.2x the global average. Pay is lowest in South Asia, at a median of $18,000.
Semtech median employee salary by region (USD)
| Region | Median Salary |
|---|---|
| Arab States | $121,000 |
| Western Europe | $113,000 |
| North America | $112,000 |
| Northern Europe | $109,000 |
| Pacific Islands | $91,000 |
| Eastern Europe | $50,000 |
| East Asia | $45,000 |
| Southern Europe | $37,000 |
| Central America and the Caribbean | $32,000 |
| North Africa | $25,000 |
| Southeast Asia | $18,000 |
| South Asia | $18,000 |
| South America | $13,000 |
| Sub-Saharan Africa | $3,000 |
Unlock salary by role, level, and city — and compare to Semtech's industry peers.
Unlock Salary DataSemtech Job Openings and Hiring Trends (2023-2026)
- Semtech had 128 active job postings in 2026, a 29.3% decline (+21) from 2025.
- Semtech had 107 active job postings in 2025, a 10.6% decline (-12) from 2024.
- Semtech had 119 active job postings in 2024, a 115.2% increase (+87) from 2023.
- Semtech had 32 active job postings in 2023, a 143.1% decline from 2022.
- Hiring velocity in 2026: 41 new roles/month, down from 62 in 2025 and 51 in 2024.
Semtech's active job postings fell 29.3% in 2026 to 128, with new postings per month climbing from 40 in 2023 to 41 in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Unlock Hiring DataSemtech Employee Sentiment (2026)
Revelio Labs tracks employee sentiment across Semtech's workforce based on public professional data. Overall sentiment is neutral and has improved year over year in 2026.
Overall
Unlock the full sentiment breakdown by department, tenure, and trend over time.
Unlock SentimentSimilar Companies
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Frequently Asked Questions About Semtech
- How fast is Semtech growing?
- In 2026, Semtech's headcount grew 0.5% to 1,940 employees, up from 1,885 in 2025.
- See the full headcount history
- Where are Semtech employees located?
- Most Semtech employees are based in North America (46.9% of headcount), followed by South Asia and East Asia.
- Explore where the workforce is based
- What is the average salary at Semtech?
- The average employee salary at Semtech is approximately $91.5k per year.
- Analyze the salary distribution
- How many new job postings does Semtech open per year?
- In Q1 2026, Semtech opened 124 new job postings. In 2025, Semtech opened 743 new job postings — about 62 per month.
- Track hiring trends by role
- When was Semtech founded and where is it headquartered?
- Semtech was founded in 1960 and is headquartered in Camarillo, California.
- Compare Semtech to industry peers
Speak with a workforce expert about Semtech.
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