SiTime Earnings Call Transcripts
Fiscal Year 2026
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Precision timing is increasingly vital in AI, data centers, and autonomous systems, driving strong growth and higher system content. Proprietary MEMS technology, premium pricing, and the Renesas acquisition position the company for margin expansion and broader market reach.
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Precision timing solutions are driving strong growth in AI, data center, and communications markets, with expanding opportunities in automotive, industrial, and wireless infrastructure. Product innovation and a focus on high-margin, differentiated solutions underpin a strategy for continued expansion and leadership.
Fiscal Year 2025
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Q4 and full-year 2025 saw revenue and EPS surge, led by CED segment growth and robust demand across all regions. The announced $1.5B acquisition of Renesas' timing business is set to nearly double CED revenue, boost margins, and accelerate long-term growth.
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SiTime leverages proprietary MEMS timing technology to address a broad $11B market, with strong growth in data center, AI, and consumer segments. High gross margins are supported by premium products, and continued innovation and diversification are expected to drive robust growth into 2026.
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Q3 2025 saw 45% year-over-year revenue growth to $83.6M, with CED segment up 115% and gross margin at 58.8%. Q4 guidance projects $100–$103M revenue and 60–60.5% gross margin, driven by strong AI and data center demand. Titan platform launch expands future market reach.
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Q2 2025 revenue surged 58% year-over-year to $69.5 million, led by 137% growth in the AI-driven data center segment. Gross margin expanded to 58.2%, and guidance calls for continued sequential growth and at least 40% annual revenue growth, supported by strong bookings and new product momentum.
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Q1 2025 revenue surged 83% year-over-year to $60.3 million, led by robust growth in data center and communications segments. Gross margin was 57.4%, and strong design wins position all segments for continued expansion, with a 25%-30% full-year growth target reaffirmed.
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Significant growth has been achieved through innovation in MEMS-based timing solutions, diversified end markets, and a design-in business model. The company is positioned for continued expansion in AI/data centers and aerospace, with robust supply chain strategies and minimal MEMS competition.
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Precision timing solutions are driving strong growth, with robust demand across AI, communications, automotive, and industrial markets. The company targets 25%-30% annual growth, aims for gross margins above 60%, and continues to expand its portfolio through innovation and strategic M&A.
Fiscal Year 2024
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Q4 2024 revenue rose 61% year-over-year, with all segments showing double-digit growth and CED up 156%. Full-year revenue grew 41% to $202.7M, with strong profitability and cash flow. 2025 outlook is positive, targeting 25–30% growth and continued margin improvement.
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Precision silicon timing solutions are driving strong growth across AI, data center, automotive, and aerospace, supported by robust R&D investment and a broad product portfolio. Gross margins remain strong, with a focus on long-term growth, operating leverage, and customer relationships.
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Q3 revenue surged 62% year-over-year to $57.7 million, with CED sales up 233% and net income at 17% of revenue. Q4 guidance projects continued growth, led by CED and consumer IoT/mobile, and a long-term gross margin target above 60% by late 2025.
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Q2 revenue surged 58% year-over-year to $43.9M, with all segments growing and CED tracking above 70% growth. Strong bookings and new product ramps, especially in AI and data center, are expected to drive further sequential growth and margin improvement in the coming quarters.