SITIME Corp

Listed Company

SITMCIK 0001451809NasdaqLarge AcceleratedSemiconductors & Related DevicesFY ends Dec 31

Period

FY 2025

Revenue

$326.66M

Net Income

$-42.90M

Total Assets

$1.29B

Equity

$1.16B

Shares Out

26.30M

Op. Cash Flow

$87.15M

Business

SITIME Corp provides precision silicon-based timing solutions for the global electronics industry, delivering high-performance, resilient timing components for complex electronic systems. It offers MEMS resonators, oscillators, and clock integrated circuits, along with related analog mixed-signal design and software-enabled programmability. Key business areas include its MEMS resonator technology, oscillator product lines, and expanded clock IC portfolio (network synchronizers, jitter cleaners, clock generators, buffers), supported by fabless manufacturing and advanced system-level integration. The company serves worldwide end markets—communications, datacenter and enterprise, automotive, industrial, aerospace, mobile, IoT, and consumer—primarily through distributors, direct sales, and an online store.

Summary from filing dated 2025-02-14

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Revenue	327	203	144	284	219
Cost of revenue	152	98	62	101	79
Gross profit	175	104	82	183	139
Research and development	119	107	98	90	52
Selling, general and administrative	117	102	84	77	55
Acquisition related costs	7	11	8	0	0
Total operating expenses	242	220	189	167	107
Loss from operations	−67	−115	−107	16	33
Interest income	25	23	27	7	0
Other expense, net	−157,000	−758,000	−141,000	−97,000	−488,000
Loss before income taxes	−42	−93	−80	23	32
Income tax expense	−598,000	−486,000	−152,000	−82,000	−78,000
Net loss	−43	−94	−81	23	32
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	−43	−94	−81	—	—
Net Income (Loss) Available to Common Stockholders, Diluted	−43	−94	−81	—	—
Net loss attributable to common stockholders and comprehensive loss	−43	−94	−81	—	—
Net loss per share attributable to common stockholders, basic (in dollars per share)	−1.72	−4.05	−3.63	1.09	1.7
Net loss per share attributable to common stockholders, diluted (in dollars per share)	−1.72	−4.05	−3.63	1.03	1.53
Weighted-average shares used to compute basic net loss per share (in shares)	25	23	22	21	19
Weighted-average shares used to compute diluted net loss per share (in shares)	25	23	22	23	21

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	17	6	9	35	559
Short-term investments in held-to-maturity securities	792	413	519	529	—
Accounts receivable, net	45	38	22	41	38
Inventories	82	77	66	58	24
Prepaid expenses and other current assets	14	10	8	6	4
Total current assets	949	544	623	669	626
Property and equipment, net	105	82	55	59	38
Intangible assets, net	147	164	177	5	—
Right-of-use assets, net	4	7	8	11	8
Goodwill	87	87	87	0	—
Other assets	2	1	1	7	193,000
Total assets	1,295	885	952	751	678
Accounts payable	21	23	9	15	13
Accrued expenses and other current liabilities	63	86	113	19	24
Total current liabilities	84	108	121	34	37
Other non-current liabilities	55	77	122	193,000	2
Total liabilities	139	185	244	42	46
Commitments and contingencies (Note 6)	—	—	—	—	—
Common stock, $0.0001 par value - 200,000 shares authorized; 26,299 and 23,598 shares issued and outstanding at December 31, 2025 and 2024	3,000	2,000	2,000	—	—
Additional paid-in capital	1,381	882	796	716	664
Accumulated deficit	−225	−182	−88	−8	−31
Total stockholders equity	1,156	700	708	708	632
Total liabilities and stockholders equity	1,295	885	952	751	678

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Net loss	−43	−94	−81	23	32
Depreciation and amortization expense	40	30	16	12	8
Stock-based compensation expense	104	93	77	57	30
Net change in unrealized interest on held to maturity securities	−4	5	−4	−5	0
Change in fair value of sales based earnout liability	4	6	1	0	0
Accretion of acquisition consideration payable	1	4	710,000	0	0
Inventory write-down	7	4	2	3	2
Other, net	0	0	−23,000	358,000	117,000
Accounts receivable, net	−7	−16	19	−3	−14
Inventories	−12	−14	−10	−37	−13
Prepaid expenses and other assets	−5	−3	−6	−7	−2
Accounts payable	4	6	−6	2	6
Accrued expenses and other liabilities	−3	2	−2	−6	10
Net cash provided by operating activities	87	23	8	40	59
Purchase of held to maturity securities	−1,369	−808	−1,046	−673	0
Proceeds from maturity of held to maturity securities	993	909	1,061	149	0
Acquisition of business	0	0	−39	0	0
Purchase of property and equipment	−52	−36	−9	−32	−31
Cash paid for intangibles	−428,000	−453,000	−3	−4	−3
Net cash (used in) provided by investing activities	−428	65	−37	−560	−34
Tax withholding paid on behalf of employees for net share settlement	−55	−53	−41	−38	0
Proceeds from issuance of common stock	469	51	46	34	461
Payments for offering costs	−17	−2	−1	−947,000	−618,000
Payment of contingent consideration towards earnouts	−13	−12	0	0	—
Payment of deferred acquisition consideration payable	−33	−75	0	0	—
Net cash provided by (used in) financing activities	351	−91	3	−5	461
Net increase (decrease) in cash and cash equivalents	11	−3	−25	−525	486
Income taxes paid, net of refunds	402,000	88,000	199,000	58,000	24,000
Unpaid property and equipment	3	9	866,000	747,000	1
Right-of-use assets acquired under operating leases	405,000	1	0	5	689,000
Settlement of pre-existing arrangement in connection with acquisition	0	0	10	0	0
Acquisition consideration payable at acquisition date	0	0	108	0	0
Fair value of sales based earnout liability	0	0	102	0	0

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro