SVCO · Silvaco Group, Inc. - 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 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $17.75M | - | $18.67M | $12.05M | $14.09M | - | $14.94M | $14.96M | $15.89M | - |
| Cost of Revenue | $2.42M | - | $4.13M | $3.50M | $3.02M | - | $2.27M | $4.86M | $1.97M | - |
| Gross Profit | $15.34M | - | $14.54M | $8.54M | $11.08M | - | $8.19M | $10.10M | $13.92M | - |
| R&D | $9.16M | - | $8.74M | $5.91M | $4.80M | - | $3.29M | $3.17M | $3.62M | - |
| SG&A | $7.01M | - | $10.88M | $8.07M | $8.12M | - | $7.13M | $18.31M | $4.60M | - |
| Total Operating Expenses | $21.00M | - | $23.88M | $18.69M | $30.71M | - | $10.93M | $47.89M | $11.53M | - |
| D&A | $1.27M | - | - | - | $438.0K | - | - | - | $120.0K | - |
| Operating Income | ($5.66M) | - | ($9.34M) | ($10.14M) | ($19.63M) | - | ($7.30M) | ($205.0K) | $2.39M | - |
| Interest Expense | - | - | - | $443.0K | $205.0K | - | ($37.0K) | $349.0K | - | - |
| Income Tax | $136.0K | - | ($3.65M) | ($526.0K) | $213.0K | - | $188.0K | $214.0K | $805.0K | - |
| Net Income | ($5.86M) | - | ($5.30M) | ($9.41M) | ($19.27M) | - | $1.45M | ($38.39M) | $1.38M | - |
| EPS - Basic | ($0.19) | - | ($0.18) | ($0.32) | ($0.67) | - | ($0.23) | ($1.55) | $0.07 | - |
| EPS - Diluted | ($0.19) | - | ($0.18) | ($0.32) | ($0.67) | - | ($0.23) | ($0.02) | $0.07 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $10.93M | $9.01M | $11.95M | $13.13M | $29.49M | $19.61M | $26.61M | $4.42M | $4.42M | - |
| Accounts Receivable | $9.19M | $9.71M | $7.49M | $9.89M | $5.78M | $9.21M | $5.04M | $6.78M | $4.01M | $6.00M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $3.56M | $3.48M | $3.64M | $1.85M | $2.14M | $3.32M | $4.20M | $2.57M | $3.33M | - |
| Current Assets | $38.17M | $46.08M | $53.00M | $82.13M | $99.92M | $107.28M | $118.59M | $108.21M | $20.89M | - |
| Total Assets | $111.45M | $122.64M | $130.59M | $127.63M | $138.13M | $142.34M | $146.46M | $149.41M | $40.88M | - |
| Current Liabilities | $26.96M | $38.40M | $41.76M | $38.61M | $46.74M | $34.49M | $40.44M | $40.04M | $24.99M | - |
| Long-term Debt | - | - | - | - | - | - | - | - | $0 | - |
| Total Liabilities | $34.74M | $47.65M | $51.49M | $48.04M | $54.54M | $42.26M | $47.80M | $47.56M | $31.48M | - |
| Stockholders' Equity | $76.71M | $74.99M | $79.10M | $79.59M | $83.59M | $100.08M | $98.65M | $10.24M | $10.02M | - |
| Retained Earnings | ($75.08M) | ($69.22M) | ($61.99M) | ($56.69M) | ($47.28M) | ($28.01M) | ($32.17M) | ($25.62M) | $12.77M | - |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($11.02M) | - | - | - | ($1.14M) | - | - | - | ($2.57M) | - |
| Investing Cash Flow | $1.00M | - | - | - | $11.40M | - | - | - | ($10.0K) | - |
| Financing Cash Flow | $3.69M | - | - | - | ($503.0K) | - | - | - | $3.87M | - |
| CapEx | $0 | - | - | - | $96.0K | - | - | - | $10.0K | - |
| Free Cash Flow | ($11.02M) | - | - | - | ($1.23M) | - | - | - | ($2.58M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 86.4% | - | 77.9% | 70.9% | 78.6% | - | 54.8% | 67.5% | 87.6% | - |
| Operating margin | -31.9% | - | -50.0% | -84.2% | -139.3% | - | -48.9% | -1.4% | 15.0% | - |
| EBITDA margin | -24.7% | - | - | - | -136.2% | - | - | - | 15.8% | - |
| Net margin | -33.0% | - | -28.4% | -78.1% | -136.8% | - | 9.7% | -256.6% | 8.7% | - |
| Free cash flow margin | -62.1% | - | - | - | -8.7% | - | - | - | -16.3% | - |
| FCF / Net income | 1.88 | - | - | - | 0.06 | - | - | - | -1.87 | - |
| R&D / Revenue | 51.6% | - | 46.8% | 49.0% | 34.1% | - | 22.0% | 21.2% | 22.8% | - |
| SG&A / Revenue | 39.5% | - | 58.2% | 66.9% | 57.6% | - | 47.7% | 122.4% | 29.0% | - |
| Effective tax rate | - | - | - | - | - | - | 11.5% | - | 36.9% | - |
| Return on assets | -5.3% | - | -4.1% | -7.4% | -14.0% | - | 1.0% | -25.7% | 3.4% | - |
| Return on equity | -7.6% | - | -6.7% | -11.8% | -23.1% | - | 1.5% | -374.9% | 13.7% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | 15.0% | - |
| Liquidity | ||||||||||
| Current ratio | 1.42 | 1.20 | 1.27 | 2.13 | 2.14 | 3.11 | 2.93 | 2.70 | 0.84 | - |
| Quick ratio | 1.42 | 1.20 | 1.27 | 2.13 | 2.14 | 3.11 | 2.93 | 2.70 | 0.84 | - |
| Cash ratio | 0.41 | 0.23 | 0.29 | 0.34 | 0.63 | 0.57 | 0.66 | 0.11 | 0.18 | - |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | 0.00 | - |
| Debt / Assets | - | - | - | - | - | - | - | - | 0.00 | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | 0.00 | - |
| Interest coverage | - | - | - | -22.9x | -95.8x | - | 197.4x | -0.6x | - | - |
| Equity multiplier | 1.45 | 1.64 | 1.65 | 1.60 | 1.65 | 1.42 | 1.48 | 14.59 | 4.08 | - |
| Liabilities / Assets | 0.31 | 0.39 | 0.39 | 0.38 | 0.39 | 0.30 | 0.33 | 0.32 | 0.77 | - |
| Efficiency | ||||||||||
| Asset turnover | 0.16 | - | 0.14 | 0.09 | 0.10 | - | 0.10 | 0.10 | 0.39 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 189d | - | 146d | 300d | 150d | - | 123d | 165d | 92d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 537d | - | 321d | 193d | 259d | - | 674d | 193d | 616d | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | 2.9x | - | 2.1x | 1.7x | 1.6x | - | 4.2x | 35.1x | - | - |
| P / S | 12.5x | - | 8.8x | 11.5x | 9.3x | - | 27.8x | 24.0x | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 26.0% | - | 24.9% | -19.5% | -11.3% | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 38.5% | - | 77.6% | -15.4% | -20.4% | - | - | - | - | - |
| Operating income growth (YoY) | 71.2% | - | -27.9% | -4847.8% | - | - | - | - | - | - |
| Net income growth (YoY) | 69.6% | - | - | 75.5% | - | - | - | - | - | - |
| EPS growth (YoY) | 71.6% | - | 21.7% | -1500.0% | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | -795.4% | - | - | - | 52.3% | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -8.2% | -25.1% | -19.8% | 677.2% | 734.0% | - | - | - | - | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$63.06M totalReportable Segment$63.06M · 100.0%
Product / service
$63.06M totalLicense$42.88M · 68.0%
Software Maintenance And Service$20.18M · 32.0%
Geographic
$63.06M totalUS$23.33M · 37.0%
CN$12.30M · 19.5%
All Other Countries$7.48M · 11.9%
KR$7.00M · 11.1%
TW$6.82M · 10.8%
JP$6.13M · 9.7%
Peer comparison
Same SIC group: Services-Prepackaged Software
Comparing Silvaco Group against the 5 most active filers in the same SIC group.