Silvaco Group Inc
NASDAQ:SVCO
Silvaco Group Inc
Silvaco Group Inc is a US-based company operating in Software industry. The company is headquartered in Santa Clara, California and currently employs 267 full-time employees. The company went IPO on 2024-05-09. Silvaco Group, Inc. is a provider of technology computer aided design (TCAD) software, electronic design automation (EDA) software and semiconductor intellectual property (SIP). The firm specializes in developing technology behind the chip and providing solutions that span from atoms to systems, starting with providing software for the atomic level simulation of semiconductor and photonics material for devices, to providing software and SIP for the design and analysis of circuits and system level solutions. The company provides SIP for systems-on-chip (SoC), integrated circuits (ICs), and SIP management tools to enable team collaborations on complex SoC designs. Its EDA solutions provide analog custom design flows that bring electrical and physical layout views together with circuit simulation and physical verification including sign-off at select foundries to help ensure correct-by-design and high-yielding products before committing to final silicon.
Silvaco Group Inc is a US-based company operating in Software industry. The company is headquartered in Santa Clara, California and currently employs 267 full-time employees. The company went IPO on 2024-05-09. Silvaco Group, Inc. is a provider of technology computer aided design (TCAD) software, electronic design automation (EDA) software and semiconductor intellectual property (SIP). The firm specializes in developing technology behind the chip and providing solutions that span from atoms to systems, starting with providing software for the atomic level simulation of semiconductor and photonics material for devices, to providing software and SIP for the design and analysis of circuits and system level solutions. The company provides SIP for systems-on-chip (SoC), integrated circuits (ICs), and SIP management tools to enable team collaborations on complex SoC designs. Its EDA solutions provide analog custom design flows that bring electrical and physical layout views together with circuit simulation and physical verification including sign-off at select foundries to help ensure correct-by-design and high-yielding products before committing to final silicon.
Record Quarter: Silvaco posted record Q3 revenue of $18.7 million (up 70% YoY) and bookings of $22.8 million (up 131% YoY), driven by a large EDA contract in the US.
Profitability Focus: Management emphasized aggressive cost-cutting, targeting at least $15 million in annualized OpEx reductions to achieve profitability at current revenue levels.
Gross Margin: Gross margin improved significantly to 77.9%, up 326 basis points YoY, with expectations for further gains as cost reductions take effect.
Q4 Guidance: Q4 revenue is projected at $14–18 million, with bookings of $15–19 million and gross margin between 78% and 82%.
Growth Drivers: Strategic focus is shifting to AI, interconnect IP, and power businesses, with new leadership and integration of the Mixel acquisition expected to drive future growth.
M&A Integration: Mixel and Tech-X acquisitions are expected to contribute more meaningfully in 2026 after initial integration delays.
Stable Base: Maintenance revenue from mature products remains a stable foundation, while new growth is expected from targeted products and markets.
