SITIME CorpSITMEarnings & Financial Report
Nasdaq · Information Technology · Semiconductors & Related Devices
SiTime Corporation is a publicly traded fabless chipmaker based in Santa Clara, California that develops micro-electromechanical systems (MEMS), used for timing devices in electronics.
Revenue
$43.9M
Gross Profit
$21.5M
Operating Profit
$-32.3M
Net Profit
$-26.8M
Gross Margin
49.1%
Operating Margin
-73.7%
Net Margin
-61.0%
YoY Growth
58.2%
EPS
$-1.16
SITIME Corp Q2 FY2024 Financial Summary
SITIME Corp reported revenue of $43.9M (up 58.2% YoY) for Q2 FY2024, with a net profit of $-26.8M (down 3.3% YoY) (-61.0% margin). Cost of goods sold was $22.3M, operating expenses totaled $53.8M.
Key Financial Metrics
| Total Revenue | $43.9M |
|---|---|
| Net Profit | $-26.8M |
| Gross Margin | 49.1% |
| Operating Margin | -73.7% |
| Report Period | Q2 FY2024 |
SITIME Corp Annual Revenue by Year
SITIME Corp annual revenue history includes year-by-year totals (for example, 2025 revenue was $326.7M).
| Year | Annual Revenue |
|---|---|
| 2025 | $326.7M |
| 2024 | $202.7M |
| 2023 | $144.0M |
| 2022 | $283.6M |
SITIME Corp Quarterly Revenue & Net Profit History
SITIME Corp results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $113.6M | +88.3% | N/A | N/A |
| Q4 FY2025 | $113.3M | +66.3% | $9.2M | 8.1% |
| Q3 FY2025 | $83.6M | +44.8% | $-8.0M | -9.6% |
| Q2 FY2025 | $69.5M | +58.4% | $-20.2M | -29.0% |
| Q1 FY2025 | $60.3M | +82.6% | $-23.9M | -39.6% |
| Q4 FY2024 | $68.1M | +60.6% | $-18.8M | -27.6% |
| Q3 FY2024 | $57.7M | +62.4% | $-19.3M | -33.5% |
| Q2 FY2024 | $43.9M | +58.2% | $-26.8M | -61.0% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $43.9M | $57.7M | $68.1M | $60.3M | $69.5M | $83.6M | $113.3M | $113.6M |
| YoY Growth | 58.2% | 62.4% | 60.6% | 82.6% | 58.4% | 44.8% | 66.3% | 88.3% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $878.6M | $877.9M | $885.0M | $872.1M | $1.27B | $1.28B | $1.29B | $1.29B |
| Liabilities | $186.0M | $181.7M | $185.2M | $179.6M | $168.5M | $173.6M | $138.5M | $133.9M |
| Equity | $692.5M | $696.2M | $699.7M | $692.5M | $1.10B | $1.10B | $1.16B | $1.16B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $-181000 | $8.2M | $13.5M | $15.0M | $15.3M | $31.4M | $25.4M |