SITM · Sitime Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $326.66M | $202.70M | $143.99M | $283.61M | $218.81M | $116.16M |
| Cost of Revenue | $151.67M | $98.20M | $61.91M | $100.64M | $79.35M | $58.22M |
| Gross Profit | $174.99M | $104.49M | $82.09M | $182.96M | $139.46M | $57.93M |
| R&D | $118.89M | $106.86M | $97.59M | $90.29M | $52.10M | $31.65M |
| SG&A | $116.50M | $102.16M | $83.97M | $76.53M | $54.52M | $34.89M |
| Total Operating Expenses | $241.96M | $219.73M | $189.29M | $166.82M | $106.62M | $66.55M |
| D&A | $40.19M | $30.07M | $16.13M | $11.84M | $7.93M | $6.40M |
| Operating Income | ($66.98M) | ($115.24M) | ($107.20M) | $16.14M | $32.84M | ($8.61M) |
| Interest Expense | - | - | - | - | - | $726.0K |
| Income Tax | $598.0K | $486.0K | $152.0K | $82.0K | $78.0K | $1.0K |
| Net Income | ($42.90M) | ($93.60M) | ($80.53M) | $23.25M | $32.28M | ($9.37M) |
| EPS - Basic | ($1.72) | ($4.05) | ($3.63) | $1.09 | ($0.58) | - |
| EPS - Diluted | ($1.72) | ($4.05) | ($3.63) | $1.03 | ($0.58) | - |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $16.76M | $6.11M | $73.53M | - | - | - |
| Accounts Receivable | $45.04M | $38.21M | $21.86M | $41.23M | $38.38M | $23.92M |
| Inventory | $81.56M | $76.74M | $65.54M | $57.65M | $23.63M | $12.35M |
| Accounts Payable | $21.33M | $22.89M | $8.69M | $14.88M | $13.10M | $6.18M |
| Current Assets | $949.28M | $544.06M | $623.24M | $669.07M | $625.94M | $113.18M |
| Total Assets | $1.29B | $884.96M | $951.68M | $750.62M | $678.21M | $136.01M |
| Current Liabilities | $84.00M | $108.45M | $121.39M | $33.79M | $37.38M | $19.14M |
| Long-term Debt | - | - | - | - | - | - |
| Total Liabilities | $138.52M | $185.24M | $243.63M | $42.14M | $45.71M | $26.13M |
| Stockholders' Equity | $1.16B | $699.72M | $708.05M | $708.48M | $632.50M | $109.88M |
| Retained Earnings | ($224.90M) | ($182.00M) | ($88.40M) | ($7.87M) | ($31.12M) | ($63.40M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $87.15M | $23.19M | $8.06M | $39.75M | $59.08M | $16.60M |
| Investing Cash Flow | ($427.87M) | $64.76M | ($36.66M) | ($560.09M) | ($33.79M) | ($7.79M) |
| Financing Cash Flow | $351.37M | ($91.31M) | $3.47M | ($4.52M) | $460.65M | $1.30M |
| CapEx | $52.03M | $36.22M | $8.95M | $31.79M | $30.88M | $6.10M |
| Free Cash Flow | $35.13M | ($13.03M) | ($889.0K) | $7.96M | $28.20M | $10.51M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 53.6% | 51.6% | 57.0% | 64.5% | 63.7% | 49.9% |
| Operating margin | -20.5% | -56.9% | -74.4% | 5.7% | 15.0% | -7.4% |
| EBITDA margin | -8.2% | -42.0% | -63.2% | 9.9% | 18.6% | -1.9% |
| Net margin | -13.1% | -46.2% | -55.9% | 8.2% | 14.8% | -8.1% |
| Free cash flow margin | 10.8% | -6.4% | -0.6% | 2.8% | 12.9% | 9.0% |
| FCF / Net income | -0.82 | 0.14 | 0.01 | 0.34 | 0.87 | -1.12 |
| R&D / Revenue | 36.4% | 52.7% | 67.8% | 31.8% | 23.8% | 27.2% |
| SG&A / Revenue | 35.7% | 50.4% | 58.3% | 27.0% | 24.9% | 30.0% |
| Effective tax rate | - | - | - | 0.4% | 0.2% | - |
| Return on assets | -3.3% | -10.6% | -8.5% | 3.1% | 4.8% | -6.9% |
| Return on equity | -3.7% | -13.4% | -11.4% | 3.3% | 5.1% | -8.5% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | 11.30 | 5.02 | 5.13 | 19.80 | 16.74 | 5.91 |
| Quick ratio | 10.33 | 4.31 | 4.59 | 18.09 | 16.11 | 5.27 |
| Cash ratio | 0.20 | 0.06 | 0.61 | - | - | - |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | -11.9x |
| Equity multiplier | 1.12 | 1.26 | 1.34 | 1.06 | 1.07 | 1.24 |
| Liabilities / Assets | 0.11 | 0.21 | 0.26 | 0.06 | 0.07 | 0.19 |
| Efficiency | ||||||
| Asset turnover | 0.25 | 0.23 | 0.15 | 0.38 | 0.32 | 0.85 |
| Inventory turnover | 1.86 | 1.28 | 0.94 | 1.75 | 3.36 | 4.71 |
| Days sales outstanding | 50d | 69d | 55d | 53d | 64d | 75d |
| Days inventory outstanding | 196d | 285d | 386d | 209d | 109d | 77d |
| Days payable outstanding | 51d | 85d | 51d | 54d | 60d | 39d |
| Cash conversion cycle | 195d | 269d | 391d | 208d | 112d | 114d |
| Valuation | ||||||
| P / E | - | - | - | 98.7x | - | - |
| P / B | 7.6x | 7.1x | 3.8x | 3.3x | 7.4x | - |
| P / S | 27.0x | 24.5x | 18.8x | 8.1x | 21.5x | - |
| EV / EBITDA | - | - | - | 82.3x | 115.3x | - |
| Growth | ||||||
| Revenue growth (YoY) | 61.2% | 40.8% | -49.2% | 29.6% | 88.4% | 36.3% |
| Revenue CAGR (3y) | 4.8% | -2.5% | 7.4% | 49.3% | - | - |
| Revenue CAGR (5y) | 23.0% | 18.9% | - | - | - | - |
| Gross profit growth (YoY) | 67.5% | 27.3% | -55.1% | 31.2% | 140.7% | 60.0% |
| Operating income growth (YoY) | 41.9% | -7.5% | - | -50.9% | - | -10.6% |
| Net income growth (YoY) | 54.2% | -16.2% | - | -28.0% | - | -41.8% |
| EPS growth (YoY) | 57.5% | -11.6% | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | - | -1365.4% | - | -71.8% | 168.4% | - |
| FCF CAGR (5y) | 27.3% | - | - | - | - | - |
| Book value growth (YoY) | 65.2% | -1.2% | -0.1% | 12.0% | 475.6% | 897.5% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$326.66M totalReportable Segment$326.66M · 100.0%
Geographic
$326.66M totalHK$117.08M · 35.8%
Other Countries$85.10M · 26.1%
TW$84.52M · 25.9%
US$22.54M · 6.9%
SG$17.42M · 5.3%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
3.93
Safe
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
6/9
Neutral
- ✗Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✓Current ratio improved
- ✗No share dilution
- ✓Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Semiconductors & Related Devices
Comparing SITIME Corp against the 5 most active filers in the same SIC group.