Silicon Motion Technology Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	885.63	803.55	639.14	945.92	922.1
Revenue Growth (YoY)	10.21%	25.72%	-32.43%	2.58%	70.91%
Cost of Revenue	458.12	434.79	368.75	480.09	461.31
Gross Profit	427.51	368.77	270.39	465.83	460.8
Selling, General & Admin	71.75	58.8	54.84	62.98	50.64
Research & Development	262.72	217.82	174.36	188.53	164.29
Operating Expenses	334.47	276.63	229.2	251.52	214.93
Operating Income	93.04	92.14	41.19	214.32	245.87
Interest Expense	-	-	-	-0.07	-
Interest & Investment Income	9.66	15.07	20.25	3.6	1.28
Currency Exchange Gain (Loss)	-2.07	1.39	0.91	-4.88	0.19
Other Non Operating Income (Expenses)	0	-	0.01	0	-0.08
EBT Excluding Unusual Items	100.63	108.6	62.36	212.97	247.26
Gain (Loss) on Sale of Investments	39.49	0.06	-	-	-
Legal Settlements	-	-1.25	-1.31	-0.39	-
Pretax Income	140.13	107.41	61.05	212.58	247.26
Income Tax Expense	17.49	18.16	8.18	40.07	47.26
Net Income	122.64	89.25	52.87	172.51	200
Net Income to Common	122.64	89.25	52.87	172.51	200
Net Income Growth	37.41%	68.80%	-69.35%	-13.75%	150.80%
Shares Outstanding (Basic)	34	34	33	33	35
Shares Outstanding (Diluted)	34	34	33	33	35
Shares Change (YoY)	-0.13%	0.75%	0.24%	-4.58%	0.04%
EPS (Basic)	3.65	2.65	1.59	5.19	5.74
EPS (Diluted)	3.64	2.64	1.59	5.16	5.72
EPS Growth	37.88%	66.54%	-69.28%	-9.79%	150.88%
Free Cash Flow	6.28	32.74	98.77	50.95	150.04
Free Cash Flow Per Share	0.19	0.97	2.95	1.53	4.29
Dividend Per Share	2.000	2.000	0.500	1.500	1.550
Dividend Growth	-	300.00%	-66.67%	-3.23%	10.71%
Gross Margin	48.27%	45.89%	42.30%	49.25%	49.97%
Operating Margin	10.51%	11.47%	6.44%	22.66%	26.66%
Profit Margin	13.85%	11.11%	8.27%	18.24%	21.69%
Free Cash Flow Margin	0.71%	4.08%	15.45%	5.39%	16.27%
EBITDA	123.21	117.47	63	233.25	263.03
EBITDA Margin	13.91%	14.62%	9.86%	24.66%	28.52%
D&A For EBITDA	30.17	25.33	21.81	18.93	17.16
EBIT	93.04	92.14	41.19	214.32	245.87
EBIT Margin	10.51%	11.47%	6.44%	22.66%	26.66%
Effective Tax Rate	12.48%	16.91%	13.39%	18.85%	19.11%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.