Silicom Ltd
NASDAQ:SILC
Income Statement
Earnings Waterfall
Silicom Ltd
Revenue
|
124.1m
USD
|
Cost of Revenue
|
-95.4m
USD
|
Gross Profit
|
28.7m
USD
|
Operating Expenses
|
-31.8m
USD
|
Operating Income
|
-3.1m
USD
|
Other Expenses
|
158k
USD
|
Net Income
|
-3m
USD
|
Income Statement
Silicom Ltd
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
73
N/A
|
77
+5%
|
79
+3%
|
78
-2%
|
76
-3%
|
75
0%
|
75
-1%
|
78
+5%
|
83
+6%
|
85
+3%
|
94
+10%
|
99
+6%
|
100
+1%
|
104
+4%
|
109
+4%
|
116
+7%
|
126
+8%
|
130
+3%
|
127
-2%
|
126
-1%
|
134
+6%
|
134
+0%
|
132
-2%
|
125
-5%
|
105
-16%
|
97
-8%
|
95
-2%
|
99
+5%
|
107
+8%
|
114
+6%
|
122
+6%
|
126
+4%
|
129
+2%
|
132
+2%
|
135
+3%
|
142
+5%
|
151
+6%
|
156
+3%
|
160
+3%
|
151
-6%
|
124
-18%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(44)
|
(46)
|
(47)
|
(47)
|
(45)
|
(44)
|
(44)
|
(46)
|
(49)
|
(51)
|
(57)
|
(61)
|
(62)
|
(64)
|
(67)
|
(73)
|
(80)
|
(89)
|
(89)
|
(89)
|
(92)
|
(87)
|
(85)
|
(80)
|
(69)
|
(64)
|
(63)
|
(66)
|
(74)
|
(78)
|
(82)
|
(85)
|
(84)
|
(86)
|
(89)
|
(92)
|
(99)
|
(103)
|
(107)
|
(102)
|
(95)
|
|
Gross Profit |
29
N/A
|
31
+6%
|
32
+3%
|
31
-2%
|
31
-2%
|
31
+0%
|
31
0%
|
32
+5%
|
34
+5%
|
34
+0%
|
37
+8%
|
38
+4%
|
39
+1%
|
40
+4%
|
41
+3%
|
44
+5%
|
46
+5%
|
41
-11%
|
39
-5%
|
37
-3%
|
42
+12%
|
48
+13%
|
47
0%
|
45
-5%
|
36
-20%
|
33
-9%
|
32
-3%
|
33
+3%
|
34
+2%
|
37
+8%
|
40
+8%
|
41
+5%
|
44
+7%
|
45
+2%
|
47
+3%
|
50
+6%
|
52
+5%
|
53
+2%
|
53
+0%
|
48
-9%
|
29
-40%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(12)
|
(12)
|
(13)
|
(13)
|
(14)
|
(15)
|
(17)
|
(14)
|
(16)
|
(17)
|
(18)
|
(23)
|
(23)
|
(24)
|
(24)
|
(24)
|
(21)
|
(20)
|
(20)
|
(20)
|
(25)
|
(26)
|
(26)
|
(26)
|
(26)
|
(26)
|
(25)
|
(26)
|
(28)
|
(29)
|
(30)
|
(31)
|
(31)
|
(32)
|
(32)
|
(32)
|
(32)
|
(31)
|
(31)
|
(32)
|
(32)
|
|
Selling, General & Administrative |
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(9)
|
(5)
|
(9)
|
(10)
|
(10)
|
(14)
|
(10)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(10)
|
(10)
|
(10)
|
(10)
|
(11)
|
(11)
|
(11)
|
(12)
|
(12)
|
(12)
|
(12)
|
(11)
|
(11)
|
(11)
|
(11)
|
|
Research & Development |
(5)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(8)
|
(9)
|
(10)
|
(10)
|
(11)
|
(12)
|
(13)
|
(13)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(16)
|
(17)
|
(18)
|
(20)
|
(20)
|
(20)
|
(21)
|
(21)
|
(21)
|
(21)
|
(20)
|
(20)
|
(21)
|
(21)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
3
|
3
|
3
|
0
|
0
|
0
|
0
|
5
|
5
|
5
|
5
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
18
N/A
|
19
+7%
|
19
+2%
|
18
-5%
|
17
-7%
|
16
-7%
|
14
-9%
|
19
+31%
|
18
-3%
|
17
-5%
|
19
+11%
|
15
-20%
|
16
+3%
|
17
+5%
|
17
+5%
|
19
+10%
|
25
+32%
|
21
-18%
|
18
-12%
|
17
-6%
|
17
-3%
|
22
+30%
|
21
-1%
|
19
-11%
|
10
-46%
|
7
-28%
|
7
-11%
|
7
+7%
|
6
-12%
|
8
+24%
|
9
+19%
|
10
+11%
|
13
+28%
|
13
+1%
|
14
+9%
|
17
+20%
|
20
+16%
|
22
+8%
|
21
-1%
|
16
-25%
|
(3)
N/A
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
2
|
1
|
1
|
0
|
(0)
|
(0)
|
(1)
|
1
|
1
|
3
|
2
|
2
|
2
|
1
|
|
Pre-Tax Income |
18
N/A
|
19
+7%
|
20
+2%
|
19
-6%
|
17
-7%
|
16
-7%
|
14
-10%
|
19
+31%
|
18
-3%
|
17
-6%
|
19
+11%
|
15
-20%
|
16
+3%
|
17
+6%
|
18
+4%
|
19
+11%
|
26
+32%
|
21
-17%
|
19
-11%
|
18
-5%
|
18
-2%
|
23
+29%
|
23
0%
|
20
-10%
|
12
-41%
|
10
-18%
|
9
-10%
|
9
+5%
|
7
-21%
|
8
+16%
|
9
+12%
|
10
+6%
|
13
+29%
|
13
-3%
|
15
+21%
|
19
+23%
|
22
+20%
|
24
+7%
|
23
-3%
|
18
-23%
|
(2)
N/A
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(1)
|
|
Income from Continuing Operations |
17
|
18
|
18
|
17
|
15
|
14
|
12
|
17
|
17
|
15
|
17
|
13
|
13
|
14
|
14
|
16
|
22
|
18
|
16
|
15
|
15
|
20
|
20
|
18
|
10
|
8
|
7
|
7
|
6
|
7
|
8
|
8
|
11
|
10
|
13
|
16
|
18
|
20
|
19
|
14
|
(3)
|
|
Net Income (Common) |
17
N/A
|
18
+6%
|
18
+0%
|
17
-8%
|
15
-12%
|
14
-7%
|
12
-9%
|
17
+37%
|
17
-2%
|
15
-6%
|
17
+10%
|
13
-23%
|
13
+0%
|
14
+6%
|
14
+5%
|
16
+10%
|
22
+36%
|
18
-19%
|
16
-10%
|
15
-5%
|
15
-3%
|
20
+35%
|
20
-1%
|
18
-10%
|
10
-42%
|
8
-21%
|
7
-12%
|
7
+3%
|
6
-22%
|
7
+20%
|
8
+11%
|
8
+7%
|
11
+30%
|
10
-4%
|
13
+25%
|
16
+27%
|
18
+15%
|
20
+7%
|
19
-4%
|
14
-25%
|
(3)
N/A
|
|
EPS (Diluted) |
2.35
N/A
|
2.47
+5%
|
2.47
N/A
|
2.26
-9%
|
2
-12%
|
1.85
-8%
|
1.68
-9%
|
2.3
+37%
|
2.24
-3%
|
2.1
-6%
|
2.3
+10%
|
1.77
-23%
|
1.77
N/A
|
1.86
+5%
|
1.93
+4%
|
2.1
+9%
|
2.86
+36%
|
2.34
-18%
|
2.07
-12%
|
1.96
-5%
|
1.91
-3%
|
2.58
+35%
|
2.56
-1%
|
2.34
-9%
|
1.36
-42%
|
1.1
-19%
|
0.96
-13%
|
1.02
+6%
|
0.8
-22%
|
0.96
+20%
|
1.07
+11%
|
1.16
+8%
|
1.51
+30%
|
1.47
-3%
|
1.85
+26%
|
2.35
+27%
|
2.69
+14%
|
2.89
+7%
|
2.78
-4%
|
2.1
-24%
|
-0.44
N/A
|