| Net Sales by Segment |
Net sales and gross profit by reportable segment were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended July 27, 2025 | | (in thousands) | Signal Integrity | | Analog Mixed Signal and Wireless | | Total Semiconductor Products | | IoT Systems and Connectivity | | Unallocated(1) | | Total | | Net sales | $ | 76,758 | | $ | 92,042 | | $ | 168,800 | | $ | 88,789 | | $ | — | | | $ | 257,589 | | Segment cost of sales | 28,899 | | 37,482 | | 66,381 | | 53,735 | | 3,368 | | | 123,484 | | Segment gross profit | $ | 47,859 | | $ | 54,560 | | $ | 102,419 | | $ | 35,054 | | $ | (3,368) | | | $ | 134,105 | | | | | | | | | | | | | | Segment gross margin | 62.4 | % | | 59.3 | % | | 60.7 | % | | 39.5 | % | | NM(2) | | | | Gross margin | | | | | | | | | | | 52.1 | % |
(1) Unallocated includes share-based compensation, and amortization of acquired technology (2) Not meaningful | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended July 27, 2025 | | (in thousands) | Signal Integrity | | Analog Mixed Signal and Wireless | | Total Semiconductor Products | | IoT Systems and Connectivity | | Unallocated(1) | | Total | | Net sales | $ | 150,279 | | $ | 182,665 | | $ | 332,944 | | $ | 175,705 | | $ | — | | | $ | 508,649 | | Segment cost of sales | 54,256 | | 71,660 | | 125,916 | | 110,728 | | 6,611 | | 243,255 | | Segment gross profit | $ | 96,023 | | $ | 111,005 | | $ | 207,028 | | $ | 64,977 | | $ | (6,611) | | $ | 265,394 | | | | | | | | | | | | | | Segment gross margin | 63.9 | % | | 60.8 | % | | 62.2 | % | | 37.0 | % | | NM(2) | | | | Gross margin | | | | | | | | | | | 52.2 | % |
(1) Unallocated includes share-based compensation, and amortization of acquired technology (2) Not meaningful | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended July 28, 2024 | | (in thousands) | Signal Integrity | | Analog Mixed Signal and Wireless | | Total Semiconductor Products | | IoT Systems and Connectivity | | Unallocated(1) | | Total | | Net sales | $ | 59,434 | | $ | 79,311 | | $ | 138,745 | | $ | 76,610 | | $ | — | | | $ | 215,355 | | Segment cost of sales | 22,666 | | 33,912 | | 56,578 | | 49,499 | | 3,814 | | | 109,891 | | Segment gross profit | $ | 36,768 | | $ | 45,399 | | $ | 82,167 | | $ | 27,111 | | $ | (3,814) | | | $ | 105,464 | | | | | | | | | | | | | | Segment gross margin | 61.9 | % | | 57.2 | % | | 59.2 | % | | 35.4 | % | | NM(2) | | | | Gross margin | | | | | | | | | | | 49.0 | % |
(1) Unallocated includes share-based compensation, and amortization of acquired technology (2) Not meaningful | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended July 28, 2024 | | (in thousands) | Signal Integrity | | Analog Mixed Signal and Wireless | | Total Semiconductor Products | | IoT Systems and Connectivity | | Unallocated(1) | | Total | | Net sales | $ | 117,733 | | $ | 154,655 | | $ | 272,388 | | $ | 149,072 | | $ | — | | | $ | 421,460 | | Segment cost of sales | 46,204 | | 68,552 | | 114,756 | | 94,867 | | 6,781 | | 216,404 | | Segment gross profit | $ | 71,529 | | $ | 86,103 | | $ | 157,632 | | $ | 54,205 | | $ | (6,781) | | $ | 205,056 | | | | | | | | | | | | | | Segment gross margin | 60.8 | % | | 55.7 | % | | 57.9 | % | | 36.4 | % | | NM(2) | | | | Gross margin | | | | | | | | | | | 48.7 | % |
(1) Unallocated includes share-based compensation, and amortization of acquired technology (2) Not meaningful
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