0001437749-26-034452
SEC filingLattice第三季营收创纪录达$291.0M、同比增118.3%，AI数据中心与工业嵌入式需求叠加AMI并表驱动FPGA收入增约90%。
| 指标 | 本期 | 去年同期 | 同比 |
|---|---|---|---|
| Revenue | $291.0M | $133.3M | 118.3% |
| Gross Margin (GAAP) | 67.4% | 67.9% | (50) bps |
| Gross Margin (Non-GAAP) | 70.9% | 69.5% | 140 bps |
| Operating Income (GAAP) | $24.0M | $(1.5)M | NM |
| Operating Income (Non-GAAP) | $119.6M | $38.7M | 208.7% |
| Net Income (GAAP) | $11.2M | $2.8M | 301.1% |
| Net Income (Non-GAAP) | $103.7M | $38.2M | 171.7% |
| Diluted EPS (GAAP) | $0.08 | $0.02 | $0.06 |
| Diluted EPS (Non-GAAP) | $0.72 | $0.28 | $0.44 |
| Adjusted EBITDA | $131.0M | $47.4M | — |
| Adjusted EBITDA Margin | 45.0% | 35.6% | 940 bps |
| Operating Cash Flow | $95.0M | $47.1M | — |
| Free Cash Flow | $77.6M | $34.0M | — |
| 期间 | 指标 | 指引 | 口径 |
|---|---|---|---|
| Q4 FY2026 | Revenue | $325M–$345M | N/A |
| Q4 FY2026 | Gross Margin | 72.0% ± 1% | Non-GAAP |
| Q4 FY2026 | Total Operating Expenses | $95M–$101M | Non-GAAP |
| Q4 FY2026 | Income Tax Rate | 4%–6% | Non-GAAP |
| Q4 FY2026 | Net Income per Share - Diluted | $0.82–$0.86 | Non-GAAP |
本季营收创纪录$291.0M、同比增118.3%，头号驱动为AI数据中心需求推动的FPGA收入同比增约90%，叠加AMI自2026年7月27日并表贡献$39.1M。分部看，Compute and Communications收入$171.9M（占比59%）、Industrial and Embedded $80.0M（占比28%）、AMI $39.1M（占比13%）；管理层称4Q26工业与嵌入式增速将加速至70%同比。利润率方面，GAAP毛利率67.4%受$12.9M收购无形资产摊销拖累，Non-GAAP毛利率70.9%同比提升140bps；Non-GAAP营业利润率41.1%、调整后EBITDA利润率45.0%，体现经营杠杆。GAAP净利仅$11.2M，主因$25.9M收购相关费用、$50.7M股权激励及$9.6M净利息支出（AMI收购新增债务）。
指引方面，4Q26营收$325M–$345M（约$335M，隐含约130%同比增速），Non-GAAP毛利率72.0%±1%、Non-GAAP EPS $0.82–$0.86，显示毛利率环比继续改善。资本运作上，九个月为AMI收购新增长期债务净额$912.7M、期末长期债务$869.1M，CFO强调降债与扩大自由现金流；九个月回购股票$15.0M，未披露分红。风险包括AMI整合与协同兑现、债务偿付与利率、客户与AI/数据中心需求集中度、供应链产能及关税/出口管制等。