Slides
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1 | Lattice Semiconductor (NASDAQ: LSCC) Corporate Overview February 2026
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2 | Lattice Semiconductor (NASDAQ: LSCC) Forward-Looking Statements: This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Any statements about our expectations, beliefs, plans, objectives, assumptions or future events or performance are forward-looking and involve estimates, assumptions, risks and uncertainties. Such forward-looking statements include without limitation statements regarding: revenue; EPS growth; gross margin and operating expense projections; our future financial performance and related drivers; our expectations related to the general market, market recovery, and growth (including AI and datacenter-related growth); attach rates and ASPs, our share repurchase program; and the guidance on the slide discussing Business Outlook . Other forward-looking statements may be indicated by words such as “will,” “could,” “should,” “would,” “may,” “expect,” “plan,” “project,” “anticipate,” “intend,” “forecast,” “future,” “believe,” “estimate,” “outlook,” “predict,” “propose,” “potential,” “continue” or the negative of these terms or other comparable terminology. Factors that could cause actual results to differ materially include, among others: global economic conditions which may affect customer demand;the cyclical nature of the semiconductor industry including fluctuating customer and distributor purchasing patters, inventory levels, and order timing; pricing and inflationary pressures; competitive actions; international trade disputes and sanctions; the impact of tariffs, trade restrictions, export controls, license requirements or similar actions on us, oursuppliers, distributors, and customers (including the effect on costs and demand); potential impacts of global pandemics; changes in product mix and pricing; changes in wafer, assembly, test and other costs; manufacturing yields; our ability to sustain operational improvements; and the actual amount of compensation charges due to stock price changes; and those risks more fully described in in our filings with the Securities and Exchange Commission, including in our most recent Annual Report on Form 10-K. You should not rely on forward-looking statements because actual results could differ materially. Any forward-looking statement speaks only as of the date made. We do not intend to, and undertake no obligation to, update or revise any such statements. Use of Non-GAAP Financial Information: This presentation includes Non-GAAP measures (e.g., Non-GAAP gross margin, operating expenses, EPS, adjusted EBITDA, free cash flow). These measures are not a substitute for GAAP and should be considered together with our GAAP results. Management uses these measures for evaluating the business and believes they are useful to investors for informational and comparative purposes. See our latest earnings materials for reconciliations to the most directly comparable GAAP measures. Guidance & Non-GAAP Reconciliations: With respect to the guidance on slide discussing Business Outlook, certain information necessary to reconcile forward looking Non-GAAP measures to the corresponding GAAP measures is not available without unreasonable efforts because the amounts and timing of items we exclude (e.g., stock-based compensation; performance-based equity; legal expenses outside the ordinary course; restructuring; impairment) are inherently unpredictable. Trademarks – General Notice Lattice Semiconductor Corporation, Lattice Semiconductor (& design) and specific product designations are either registered trademarks or trademarks of Lattice Semiconductor Corporation or its subsidiaries in the United States and/or other countries. Safe Harbor Statement
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3 | Lattice Semiconductor (NASDAQ: LSCC) Agenda Company Overview1 Products & Solutions2 End Markets & Applications3 Financials4
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4 | Lattice Semiconductor (NASDAQ: LSCC) 4 | Lattice Semiconductor Confidential To Be the Low Power Programmable Leader Our Mission DIFFERENTIATED FPGA Platform Optimized for Small and Mid-range DIVERSIFIED Across Largest and Fastest Growing Applications DELIVERING Faster Than Industry Growth
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5 | Lattice Semiconductor (NASDAQ: LSCC) Lattice Semiconductor Overview APPLICATIONS & MARKETS #1 World’s largest volume supplier of FPGA Tier 1 Supplier with 40+ years of innovation We enable secure control, flexible connectivity, and low power compute acceleration COMMUNICATIONS & COMPUTING 56% CONSUMER 7% INDUSTRIAL & AUTOMOTIVE 37% Applications & Markets percentages based on FY2025 revenue breakdown by reporting segment. GROWING CUSTOMER BASE WORLD CLASS SUPPLIER GLOBAL SUPPORT
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6 | Lattice Semiconductor (NASDAQ: LSCC) INCLUSION & SOCIAL WELLBEING CULTURE OF INNOVATION Holding Ourselves to the Highest Corporate Stewardship Standards ENVIRONMENTALLY CONSCIOUS TRANSPARENCY & INTEGRITY GSA MOST RESPECTED PUBLIC COMPANY FIVE YEARS IN A ROW STRONG & GROWING RECOGNITION FOR CLEANTECH PRODUCT INNOVATION More information available here.
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7 | Lattice Semiconductor (NASDAQ: LSCC) Erhaan Shaikh Sales Lattice Executive Leadership Team Pravin Desale Research & Development Tracy Feanny General Counsel Esam Elashmawi CSMO Ford Tamer CEO Nicole Singer Human Resources Divyesh Shah Operations & Quality Lorenzo Flores CFO
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8 | Lattice Semiconductor (NASDAQ: LSCC) Agenda Company Overview1 Products & Solutions2 End Markets & Applications3 Financials4
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9 | Lattice Semiconductor (NASDAQ: LSCC) Lattice Value Proposition EASE of Use Smallest SIZE Lowest POWER
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10 | Lattice Semiconductor (NASDAQ: LSCC) Lattice FPGA Portfolio PLATFORM DEVICE FAMILIES Avant -G Cutting-edge General Purpose Processing TM Avant -X Advanced Connectivity TM Avant -E Edge-optimized Processing TM LAUNCHED DEC. 2024 LATTICE AVANT LATTICE NEXUS 2 LATTICE NEXUS Embedded Vision Processing CrossLink-NX TM General Purpose Processing Certus-NX TM Enhanced System Monitor and Control MachXO5-NX TM Advanced System Control MachXO5T -NX TM Next Gen Hardware Security Mach-NX TM Advanced General Purpose Processing CertusPro-NX TM Embedded Vision Processing with USB CrossLinkU-NX TM Industry 1st PQC-Enabled FPGA MachXO5-NX TDQ TM
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11 | Lattice Semiconductor (NASDAQ: LSCC) Architected for applications requiring up to 16G SERDES and up to 200k LCs Architected for applications requiring up to 25G SERDES and up to 500k LCs SMALLER SIZE FASTER PERFORMANCE LOWER POWER FPGA Platform Leadership
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12 | Lattice Semiconductor (NASDAQ: LSCC) Software Solution Stack Portfolio Low Power Edge AI Low Power Embedded Vision Cyber Resilient Root of Trust Accelerating Factory Automation TM TM TM TM Enabling ORAN Deployment TM Adaptable Automotive Design High Performance Inferencing Under 1W Supports Industry Standard ML Frameworks Complete Solution Enablement Flexible Image Sensor Bridging & Aggregation Image Processing Integration Complete Solution Enablement Secure Hardware Creates Root-of-Trust for Systems Cryptographically Secured Supply Chain Protection Against Cloning, Counterfeiting, Trojan Insertion, & Simulation Accelerates industrial automation development Supports use cases like motor control, real-time networking, & predictive maintenance Complete solution enablement Enables zero trust security and data protection in networks Flexible, Tight Fronthaul Synchronization Acceleration with Low Power DisplayPort connectivity Video scaling up to 4K Local dimming for contrast enhancement Bridging & networking
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13 | Lattice Semiconductor (NASDAQ: LSCC) Easy-to-use Software Powerful FPGA Design & Verification Environment Easy Design Exploration Easy to Use Powerful Tools Optimized for Lattice Devices Best-in-class, Easy-to-use Design Software Simplified Flow for Faster Design Increase Re-use with IP Tools Leading Synthesis & Simulation Complete Toolset for Embedded System Design IP System Integration Environment Software Development Kit & Libraries Build, Compile, Analyze, Debug Advanced Computer Vision Software for the Edge Security and Privacy Protections Digital Wellbeing Capabilities Facilitates Intelligent Collaboration & Productivity
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14 | Lattice Semiconductor (NASDAQ: LSCC) Agenda Company Overview1 Products & Solutions2 End Markets & Applications3 Financials4
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15 | Lattice Semiconductor (NASDAQ: LSCC) Innovation Leadership From Edge to Cloud Lattice is the #1 Supplier for Small FPGAs Worldwide INDUSTRIAL AUTOMOTIVECOMMUNICATIONSDATACENTER 10 Leading Auto OEMs Top 5 PC OEMs - >50MU Shipped Top 10 Factory Automation Leaders 10 Leading Comms OEMs Top 10 Server & Storage Providers CLIENT Automotive deployments in select models via direct or tier one engagements
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16 | Lattice Semiconductor (NASDAQ: LSCC) Lattice Solves Datacenter Challenges SECURE CONTROL MODULE STORAGE CARD HARDWARE ACCELERATION GPU CARD NETWORK CARD ADD-IN CARDS Offload Attestation Reporting Key Mgmt Hot Swap Hot Plug Power Control Reporting Throttling Control Bridging Aggregation Power Control Reporting Offload BMC PROT / PFR Attestation MOTHERBOARD (CPU Agnostic) Bridging I/O Expansion Board Control Power Sequence Signal Aggregation Glue Logic Fan Control Re-Timer
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17 | Lattice Semiconductor (NASDAQ: LSCC) Lattice Solves Communications Challenges Scalable Hardware Management ASIC Bridging PCIe Bridging Control Functions 5G ORAN Datapath Security
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18 | Lattice Semiconductor (NASDAQ: LSCC) Broadcast / ProAV Video Encoding/Decoding Live Video Streaming High-Resolution Video Processing Video Scaling and De-interlacing Color Correction and Enhancement Image Stabilization Audio Processing and Mixing Multi-Protocol Bridging Real-Time Graphics Overlays Low-Latency Switching Aerospace & Defense Radar Signal Processing Avionics Control Systems Digital Beamforming Satellite Communications GPS and Navigation Systems Infrared and Optical Image Processing Ruggedized Systems for Harsh Environments Secure Communications Medical Digital Endoscopy Systems MRI and CT Image Processing Ultrasound Signal Processing Electrocardiogram Signal Processing X-ray Processing Blood Analysis Equipment Health Monitors Robotic Surgery Assistants Secure Medical Data Processing Patient Monitoring Systems Test & Measurement High-Speed Data Acquisition Signal Processing Emulation and Validation Pattern Generation and Analysis Timing Analysis Error Detection and Correction Jitter and Noise Measurement Power Analysis Temperature and Stress Testing Portables and Handhelds Smart Factory Collision Avoidance Edge Computing Functional Safety Industrial Networking Machine Vision Motor Control Predictive Maintenance Programmable Logic Control Object Identification Sensor Fusion Robotics Lattice Solves Industrial Challenges
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19 | Lattice Semiconductor (NASDAQ: LSCC) Lattice Solves Human Machine Interface Challenges Enhanced Security Gesture Detection Audio/Visual User ID Driver Monitoring Person Detection Attention Sensing
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20 | Lattice Semiconductor (NASDAQ: LSCC) Lattice Solves Automotive Challenges Edge AI Security Infotainment Display Bridging Electric Powertrain Networking ADAS Lighting Local Dimming Display Safety Daylight Enhancement ISP E-Mirror/CMS Thermal Camera Radar Sensor Bridging & Aggregation Lidar Sensor Bridging & Aggregation Zonal / Central Gateway Network Bridge Inverter / Charger Battery Management PQC RoT Platform Security Smart Lamps DMS / OMS Sentry
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21 | Lattice Semiconductor (NASDAQ: LSCC) Lattice Solves Consumer Challenges Video Surveillance Smart Speaker Smart Doorbell Drones Wearable AR / VR Smart Appliance Consumer Robots Smart Toys
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22 | Lattice Semiconductor (NASDAQ: LSCC) Enabling AI From Hybrid Cloud to the Intelligent Edge with Low Power FPGAs and Software Lattice Drives AI Innovation Leading Control and Security in AI Servers Up to >50 FPGAs per server rack Deployed at majority of Hyperscalers and OEM/ODMs Gen AI Servers Data Fusion and Optimized Streaming Partnership with Nvidia to simplify sensor connectivity Diverse sensor connectivity in autonomous systems Sensor Proliferation Human Machine Interfacing Advanced computer vision experiences enabling security, privacy, safety, and wellbeing Shipped 40M+ units at top PC OEM; Expanding in Adjacent Markets Intelligent Edge
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23 | Lattice Semiconductor (NASDAQ: LSCC) Enabling Autonomous Machines and Rich Media with Low Power FPGAs and Software Lattice Drives Vision Innovation Sensor Streaming & Processing in Robotics Camera, Radar, and Lidar Bridging and Aggregation Synchronization and Real-Time Low Power Edge Processing Robotics ADAS and Display Bridging & Processing Camera and Sensor Streaming; Power Optimized Processing Display Connectivity and Video Quality Enhancement ADAS & Infotainment Machine Vision & Video Transmission Low Latency High Performance Machine Vision and Control Networked Video Transmission Across Enterprise and WAN Streaming Media
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24 | Lattice Semiconductor (NASDAQ: LSCC) Unique FPGA Based Hardware Roots of Trust Integrated Lockable Dual-Boot Flash – Undeniable Service Hardened NIST Qualified Cryptographic Algorithms Strong RoTs Cyber Resilient Pioneers Processor Independent Platform Firmware Resiliency (PFR) Cyber Resilience Act (CRA) Ready Cyber Resiliency Post Quantum Crypto (PQC) Agility PQC Ready With Latest NIST Approved PQC Algorithms Crypto-Agility For In-field Updates & Upgrades as PQC Evolves Post Quantum Enabling Next Generation Dynamic Security – Multi-channel Real-time System Protections Lattice Drives Security Innovation
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25 | Lattice Semiconductor (NASDAQ: LSCC) Agenda Company Overview1 Products & Solutions2 End Markets & Applications3 Financials4
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26 | Lattice Semiconductor (NASDAQ: LSCC) ADJUSTED EBITDA Q4 2025 Earnings Overview & Recent Highlights End Market Overview Non-GAAP based on earnings reported Feb. 10, 2026 | *Adjusted Non-GAAP. Non-GAAP measures are for informational purposes and should be considered together with GAAP. See latest earnings materials for reconciliations. REVENUE GROSS MARGIN 9.3% Growth QoQ 69.4 $145.8M FY’25 REVENUE BY SEGMENT (%) CONSUMER COMMS & COMPUTING INDUSTRIAL & AUTOMOTIVE 36.5 "2025 was a pivotal year where we delivered on what we said we would do: stabilized revenue, normalized channel inventories, and drove exceptional data center growth, with server revenues up approximately 85% year over year. We advanced our leadership product roadmap, strengthened our software and solutions, and secured design wins across all our segments to fuel production ramps. We finished the year with strong momentum led by accelerating growth in AI and datacenters, higher Lattice FPGA attach rates per system and increasing ASPs as diversified customers move to our newer product platforms and solutions. When taken together, we believe we are positioned for higher growth in 2026 and beyond." Ford Tamer, CEO %* %* ▪ Accelerated New Product Revenue Growth: 2025 Revenue of new products grew ~70% vs. 2024, with a record total number of design wins. ▪ Expanded Product Portfolio by 60% in 2025: Launched a steady cadence of new vision, motion control, security, and general purpose devices to build upon Lattice’s small FPGA leadership and growing share of the mid-range FPGA market. ▪ Normalized Channel Inventory: Achieved overall target level of channel inventory. ▪ Extended Repurchase Program: Repurchased $100 million in common stock in 2025; Lattice's Board of Directors authorized to repurchase up to an additional $250 million of outstanding common stock. ▪ 20+ Industry Honors in 2025, including: ▪ ‘Most Respected Public Semiconductor Company’ 2025 Global Semiconductor Alliance (GSA) Award ▪ Frost & Sullivan Institute 2025 Visionary Growth Leadership Best Practices Recognition ▪ ‘Most Innovative Company of the Year’ Globee Cybersecurity Award ▪ SEAL and Environment + Energy Leader sustainability awards ▪ Multiple Top Workplace awards Highlights Comms & Computing grew ~30% to record revenue in 2025
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27 | Lattice Semiconductor (NASDAQ: LSCC) ADJUSTED EBITDA FY 2025 Earnings Overview & Recent Highlights End Market Overview Non-GAAP based on earnings reported Feb. 10, 2026 | *Adjusted Non-GAAP. Non-GAAP measures are for informational purposes and should be considered together with GAAP. See latest earnings materials for reconciliations. REVENUE GROSS MARGIN 2.7% Growth YoY 69.3 $523.3M FY’25 REVENUE BY SEGMENT (%) CONSUMER COMMS & COMPUTING INDUSTRIAL & AUTOMOTIVE 35.0 "2025 was a pivotal year where we delivered on what we said we would do: stabilized revenue, normalized channel inventories, and drove exceptional data center growth, with server revenues up approximately 85% year over year. We advanced our leadership product roadmap, strengthened our software and solutions, and secured design wins across all our segments to fuel production ramps. We finished the year with strong momentum led by accelerating growth in AI and datacenters, higher Lattice FPGA attach rates per system and increasing ASPs as diversified customers move to our newer product platforms and solutions. When taken together, we believe we are positioned for higher growth in 2026 and beyond." Ford Tamer, CEO %* %* ▪ Accelerated New Product Revenue Growth: 2025 Revenue of new products grew ~70% vs. 2024, with a record total number of design wins. ▪ Expanded Product Portfolio by 60% in 2025: Launched a steady cadence of new vision, motion control, security, and general purpose devices to build upon Lattice’s small FPGA leadership and growing share of the mid-range FPGA market. ▪ Normalized Channel Inventory: Achieved overall target level of channel inventory. ▪ Extended Repurchase Program: Repurchased $100 million in common stock in 2025; Lattice's Board of Directors authorized to repurchase up to an additional $250 million of outstanding common stock. ▪ 20+ Industry Honors in 2025, including: ▪ ‘Most Respected Public Semiconductor Company’ 2025 Global Semiconductor Alliance (GSA) Award ▪ Frost & Sullivan Institute 2025 Visionary Growth Leadership Best Practices Recognition ▪ ‘Most Innovative Company of the Year’ Globee Cybersecurity Award ▪ SEAL and Environment + Energy Leader sustainability awards ▪ Multiple Top Workplace awards Highlights Comms & Computing grew ~30% to record revenue in 2025
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28 | Lattice Semiconductor (NASDAQ: LSCC) Q4 2025 Financial Results REVENUE ($M) 115.7 125.9 131.9 141.8 150.5 161.4 172.5 176.0 184.3 190.1 192.2 170.6 140.8 124.1 127.1 117.4 120.1 124.0 133.3 145.8 165.0 GROSS MARGIN (%) 24.2% Revenue Growth Q4 YoY 61.7% 62.1% 63.6% 65.1% 67.7% 69.1% 69.5% 70.0% 70.3% 70.5% 70.6% 70.4% 69.0% 69.0% 69.0% 62.1% 69.0% 69.3% 69.5% 69.3% 69.5% 68.1% EARNINGS PER SHARE ($) Gross Margin increased 730 BPS Q4 YoY 0.22 0.25 0.28 0.32 0.37 0.42 0.48 0.49 0.51 0.52 0.53 0.45 0.29 0.23 0.24 0.15 0.22 0.24 0.28 0.32 0.36 0.20 OPERATING PROFIT ($M) 116% EPS Growth Q4 YoY122% Operating Profit Growth Q4 YoY 32.4 36.7 40.1 46.6 54.6 61.6 68.5 70.7 75.6 76.0 77.4 64.6 42.2 31.5 33.8 20.1 31.5 34.1 38.7 44.8 54.7 27.1 *Non-GAAP based on earnings reported Feb. 9, 2026; Q4’24 shown with and without a one-time $7M COGS expense. Q126 reflects mid-point guidance provided Feb. 9, 2026.
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29 | Lattice Semiconductor (NASDAQ: LSCC) FY 2025 Financial Overview REVENUE ($M) 2.7% Revenue Increase YoY GROSS MARGIN (%) 190 bps Gross Margin YoY EARNINGS PER SHARE ($) +17% EPS YoY ADJUSTED EBITDA (%) 320 bps EBITDA YoY Non-GAAP based on earnings reported February 10, 2026 *Adjusted Non-GAAP 515.3 660.4 737.2 509.4 523.3 2021 2022 2023 2024 2025 63.2% 69.1% 70.4% 67.4% 69.3% 68.7%* 2021 2022 2023 2024 2025 1.06 1.75 2.01 0.90 1.05 0.95* 2021 2022 2023 2024 2025 34.4% 42.5% 44.0% 31.8% 35.0% 33.2%* 2021 2022 2023 2024 2025