Below are the financial statements of Lattice Semiconductor, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 509.4a | 737.15a | 660.36a |
| Cost of revenue | -169a | -222.48a | -208.31a |
| Gross margin | 340.4a | 514.67a | 452.05a |
| Operating expenses | — | — | — |
| Research and development | -159.3a | -159.77a | -135.77a |
| Selling, general, and administrative | -116.94a | -137.24a | -122.08a |
| Amortization of acquired intangible assets | -3.48a | -3.48a | -3.78a |
| Restructuring | -12.29a | -1.91a | -2.55a |
| Impairment of acquired intangible assets | -13.93a | 0a | 0a |
| Acquisition related | 0a | 0a | -0.51a |
| Total operating expenses | -305.94a | -302.4a | -264.68a |
| Income from operations | 34.46a | 212.27a | 187.37a |
| Interest income (expense), net | 3.95a | 2.04a | -4.15a |
| Other income (expense), net | -2.18a | 0.55a | -1.11a |
| Income before income taxes | 36.23a | 214.86a | 182.11a |
| Income tax (benefit) expense | -24.9a | -44.21a | -3.23a |
| Net income | 61.13a | 259.06a | 178.88a |
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