Inferra AI / Company / SITM

Sitime Corp

SITM · Information Technology

Last earnings Sep 9, 2026

Key results

Net revenuequarter

58%

htm EX-99.1 Document Exhibit 99.1 SiTime Reports Second Quarter 2025 Financial Results Q2 Net Revenue Increased 58% to $69.5 Million SANTA CLARA, Calif.

SEC original ↗Sitime Corp — Earnings release (8-K exhibit)EX-99Aug 6, 2025

Net revenue in the second quarter of 2025 was $69.5 million, as compared to $43.9 million in the year ago quarter.

SEC original ↗Sitime Corp — Earnings release (8-K exhibit)EX-99Aug 6, 2025

Net incomequarter

$11.6 million

In the second quarter of 2025, non-GAAP gross profit was $40.5 million, or 58.2% of revenue, non-GAAP operating expenses were $33.3 million, non-GAAP income from operations was $7.2 million and non-GAAP net income was $11.6 million, or $0.47 per diluted share.

SEC original ↗Sitime Corp — Earnings release (8-K exhibit)EX-99Aug 6, 2025

Gross marginquarter

$36,052 thousand

Gross profit 36,052 30,336 21,523

SEC original ↗Sitime Corp — Earnings release (8-K exhibit)EX-99Aug 6, 2025

Research and developmentquarter

$30,563 thousand

Research and development 30,563 30,026 25,490

SEC original ↗Sitime Corp — Earnings release (8-K exhibit)EX-99Aug 6, 2025

Non-GAAP Gross marginquarter

$40,450 thousand

gross profit $ 40,450 $ 34,610 $ 25,313

SEC original ↗Sitime Corp — Earnings release (8-K exhibit)EX-99Aug 6, 2025

Non-GAAP Research and developmentquarter

$19,519 thousand

research and development expenses $ 19,519 $ 19,344 $ 16,076

SEC original ↗Sitime Corp — Earnings release (8-K exhibit)EX-99Aug 6, 2025

Non-GAAP Net incomequarter

$11,592 thousand

net income $ 11,592 $ 6,304 $ 2,774

SEC original ↗Sitime Corp — Earnings release (8-K exhibit)EX-99Aug 6, 2025

AI analysis

Q2 2025 · reported Aug 6, 2025

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Diluted EPS · Q2 2025
$0.47
EX-99 · Aug 6, 2025
Net income · Q2 2025
$11.6M
EX-99 · Aug 6, 2025
Non-GAAP Net income · Q2 2025
$11,592 thousand
EX-99 · Aug 6, 2025
Gross margin · Q2 2025
$36,052 thousand
EX-99 · Aug 6, 2025

Headline figures

MetricQ2 2025Prior qtrYear ago
Net revenue58%——
Net income$11.6 million——
Gross margin$36,052 thousand——
Research and development$30,563 thousand——
Non-GAAP Gross margin$40,450 thousand——
Non-GAAP Research and development$19,519 thousand——
Non-GAAP Net income$11,592 thousand——

EX-99 · Aug 6, 2025

Guidance · company-stated

No guidance located in the held release

Next earningsNo verified date on fileNo date is estimated or imported

Margin

Gross margin$36,052 thousand
Non-GAAP Gross margin$40,450 thousand

Capital allocation

Long-term Debt 2031 Convertible senior notes In May 2026, the Company issued $ 1,350.0 million aggregate principal amount of 0 % Convertible Senior Notes due 2031 (the Notes ), which included the full exercise of the initial purchasers option to purchase an additional $ 150.0 million principal amount of the Notes.

The Notes are general unsecured obligations of the Company and will mature on June 15, 2031, unless earlier converted, redeemed or repurchased.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

Use of Non-GAAP Financial Information This press release and its attachments include certain non-GAAP supplemental performance measures

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Guidance & outlook

No guidance located in the held release

Capital allocation

Long-term Debt 2031 Convertible senior notes In May 2026, the Company issued $ 1,350.0 million aggregate principal amount of 0 % Convertible Senior Notes due 2031 (the Notes ), which included the full exercise of the initial purchasers option to purchase an additional $ 150.0 million principal amount of the Notes.

SEC original ↗Sitime Corp — 10-Q Quarterly report10-QAug 6, 2026

The Notes are general unsecured obligations of the Company and will mature on June 15, 2031, unless earlier converted, redeemed or repurchased.

SEC original ↗Sitime Corp — 10-Q Quarterly report10-QAug 6, 2026

The total net proceeds from the issuance of the Notes, after deducting initial purchasers discounts and commissions and debt issuance costs, were approximately $ 1,316.8 million.

SEC original ↗Sitime Corp — 10-Q Quarterly report10-QAug 6, 2026

If the Company undergoes a fundamental change which may include, but not limited to, events such as liquidation of the Company, sale/lease/transfer of all assets of the Company and other events as defined in the indenture, subject to certain conditions, holders of the Notes may require the Company to repurchase for cash all or any portion of their notes at a repurchase price equal to 100 % of the principal amount of the Notes to be repurchased, plus accrued and unpaid special interest to, but excluding, the fundamental change repurchase date.

SEC original ↗Sitime Corp — 10-Q Quarterly report10-QAug 6, 2026

Revolving credit facility On June 30, 2026, the Company entered into a Credit Agreement with Wells Fargo Bank, National Association as administrative agent and the lenders party thereto (the "Credit Agreement"), which provides a $ 200.0 million revolving credit facility.

SEC original ↗Sitime Corp — 10-Q Quarterly report10-QAug 6, 2026

As of June 30, 2026, unamortized deferred financing costs of $ 0.4 million associated with the revolving credit facility were recorded in Other current assets and $ 1.6 million were recorded in Other assets.

SEC original ↗Sitime Corp — 10-Q Quarterly report10-QAug 6, 2026

Strategy & priorities

SiTime s continued momentum across our end markets demonstrates that our focus on high performance applications is working, said Rajesh Vashist, CEO and chairman of SiTime.

SEC original ↗Sitime Corp — Earnings release (8-K exhibit)EX-99Aug 6, 2025

We may be unable, for many reasons, including those that are beyond our control, to implement or execute our business strategy.

SEC original ↗Sitime Corp — 10-Q Quarterly report10-QAug 6, 2026

The Company considers all available positive and negative evidence, including future reversals of temporary differences, projected future taxable income, tax planning strategies and recent financial results.

SEC original ↗Sitime Corp — 10-Q Quarterly report10-QAug 6, 2026

Risks & headwinds

These forward-looking statements involve risks, uncertainties, assumptions, and other factors that may cause actual results or outcomes to differ materially from those anticipated in such forward-looking statements.

SEC original ↗Sitime Corp — Earnings release (8-K exhibit)EX-99Aug 6, 2025

The risks, uncertainties, assumptions, and other factors include, but are not limited to our expectations and trends relating to the growth of our new products, our product differentiation and market acceptance of our products, and our ability to accurately forecast our future performance, business and growth.

SEC original ↗Sitime Corp — Earnings release (8-K exhibit)EX-99Aug 6, 2025

More information about these and other risks, uncertainties, and other factors that may cause actual outcomes and results to differ materially from those included in the forward-looking statements contained in this release are included under the caption Risk Factors and elsewhere in our most recent Form 10-Q filed with the Securities and Exchange Commission and other filings SiTime makes with the Securities and Exchange Commission from time to time, including SiTime's Annual Report on Form 10-K that has been filed for the year ended December 31, 2024.

SEC original ↗Sitime Corp — Earnings release (8-K exhibit)EX-99Aug 6, 2025

Legal Proceedings 32 Item 1A.

SEC original ↗Sitime Corp — 10-Q Quarterly report10-QAug 6, 2026

Commitments and Contingencies Legal Matters From time to time, the Company may be a party to various litigation claims in the normal course of business.

SEC original ↗Sitime Corp — 10-Q Quarterly report10-QAug 6, 2026

The Company assesses, in conjunction with legal counsel, the need to record a liability for litigation and contingencies.

SEC original ↗Sitime Corp — 10-Q Quarterly report10-QAug 6, 2026

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

Documents

Filings

25 documents

Earnings releases

14 documents

Presentations

0 documents

No presentations for Sitime Corp are held in this edition of the library.

Transcripts

0 documents

No transcripts for Sitime Corp are held in this edition of the library.

Mentioned by

5 companies

Other tracked companies whose held documents mention Sitime Corp by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.