SiTime Corp
NASDAQ:SITM
SiTime Corp
Nestled at the intersection of innovation and precision, SiTime Corp. has carved out a niche in the semiconductor industry with its groundbreaking MEMS (Micro-Electro-Mechanical Systems) timing solutions. The company's journey is characterized by a relentless drive to outperform traditional quartz-based timing devices both in functionality and reliability. SiTime's technology capitalizes on the advantages of silicon to deliver products that are more resistant to shock, vibration, and temperature fluctuations. With applications spanning communications, consumer electronics, automotive, and industrial markets, SiTime has positioned itself as an indispensable player where precise timing is crucial.
SiTime's revenue model hinges on its ability to design, produce, and sell these high-performance timing devices. By offering a diverse portfolio of oscillators, resonators, and clock ICs, the company caters to a wide array of customer requirements across various sectors. The true engine of profitability, however, lies in their capability to offer differentiated products that resolve specific challenges faced by industries looking to enhance efficiency and reliability. Coupled with strategic partnerships and a customer base that values the longevity and quality of SiTime's solutions, the company is well-poised to continue riding the wave of demand for highly reliable and accurate timing components.
Nestled at the intersection of innovation and precision, SiTime Corp. has carved out a niche in the semiconductor industry with its groundbreaking MEMS (Micro-Electro-Mechanical Systems) timing solutions. The company's journey is characterized by a relentless drive to outperform traditional quartz-based timing devices both in functionality and reliability. SiTime's technology capitalizes on the advantages of silicon to deliver products that are more resistant to shock, vibration, and temperature fluctuations. With applications spanning communications, consumer electronics, automotive, and industrial markets, SiTime has positioned itself as an indispensable player where precise timing is crucial.
SiTime's revenue model hinges on its ability to design, produce, and sell these high-performance timing devices. By offering a diverse portfolio of oscillators, resonators, and clock ICs, the company caters to a wide array of customer requirements across various sectors. The true engine of profitability, however, lies in their capability to offer differentiated products that resolve specific challenges faced by industries looking to enhance efficiency and reliability. Coupled with strategic partnerships and a customer base that values the longevity and quality of SiTime's solutions, the company is well-poised to continue riding the wave of demand for highly reliable and accurate timing components.
Exceptional Growth: SiTime delivered Q4 revenue of $113.3 million, up 66% year-over-year, and full-year revenue of $326.7 million, up 61%.
EPS Surges: Q4 earnings per share tripled to $1.53 versus $0.48 last year; full-year EPS more than tripled to $3.20.
Gross Margin Expansion: Gross margin reached 61.2% in Q4, above the company’s 60% target, driven by higher-value product mix.
Strong Demand: Book-to-bill ratio over 1.5 at year-end signals robust demand continuing into 2026.
Strategic Acquisition: SiTime announced the acquisition of Renesas' timing business, expected to add $300 million revenue and 70% gross margin in its first 12 months post-close.
CED Segment Drives Growth: Communications, Enterprise, and Data Center revenue rose 160% YoY in Q4, now 53% of total revenue.
Raised Outlook: Q1 2026 revenue guidance of $101–$104 million, up ~70% YoY at the midpoint, with gross margin guidance of about 62%.
Cash and Liquidity: Ended Q4 with $808 million in cash and short-term investments.
