NASDAQ : SITM
SiTime Corporation — Financial statements
Technology · Semiconductors · United States
Last price 447.06 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 13.44B
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Financial statements
SiTime Corporation (SITM) reported revenue of 467.85M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 467.85M | 326.66M | 202.70M | 143.99M | 283.61M | 218.81M |
| Cost of Revenue | 193.16M | 151.67M | 98.20M | 61.91M | 100.64M | 79.35M |
| Gross Profit | 274.70M | 174.99M | 104.49M | 82.09M | 182.96M | 139.46M |
| Selling, General & Admin | 146.66M | 116.50M | 102.16M | 83.97M | 76.53M | 54.52M |
| Research & Development | 128.96M | 120.69M | 108.36M | 101.49M | 99.29M | 54.50M |
| Operating Expenses | 275.61M | 237.20M | 210.51M | 185.46M | 175.82M | 109.02M |
| Operating Income | -917.00K | -62.21M | -106.02M | -103.37M | 7.14M | 30.44M |
| Interest Expense | -2.25M | |||||
| Interest & Investment Income | 36.13M | 24.83M | 22.88M | 26.96M | 7.29M | |
| Currency Exchange Gain (Loss) | -200.00K | -200.00K | -800.00K | -100.00K | -100.00K | |
| Other Non Operating Income (Expenses) | -659.00K | 43.00K | 42.00K | -41.00K | 3.00K | -488.00K |
| EBT Excluding Unusual Items | 32.10M | -37.54M | -83.89M | -76.56M | 14.34M | 29.95M |
| Merger & Restructuring Charges | -19.26M | -6.57M | -10.72M | -7.73M | ||
| Other Unusual Items | 1.80M | 1.80M | 1.50M | 3.90M | 9.00M | 2.40M |
| Pretax Income | 14.64M | -42.30M | -93.11M | -80.38M | 23.34M | 32.35M |
| Income Tax Expense | 549.00K | 598.00K | 486.00K | 152.00K | 82.00K | 78.00K |
| Net Income | 14.09M | -42.90M | -93.60M | -80.53M | 23.25M | 32.28M |
| Net Income to Common | 14.09M | -42.90M | -93.60M | -80.53M | 23.25M | 32.28M |
| Shares Outstanding (Basic) | 26.27M | 24.97M | 23.12M | 22.19M | 21.25M | 19.01M |
| Shares Outstanding (Diluted) | 26.74M | 24.97M | 23.12M | 22.19M | 22.66M | 21.14M |
| EPS (Basic) | 0.54 | -1.72 | -4.05 | -3.63 | 1.09 | 1.70 |
| EPS (Diluted) | 0.52 | -1.72 | -4.05 | -3.63 | 1.03 | 1.53 |
| Free Cash Flow | 84.49M | 35.13M | -13.03M | -889.00K | 7.96M | 28.20M |
| Free Cash Flow Per Share | 3.16 | 1.41 | -0.56 | -0.04 | 0.35 | 1.33 |
| Gross Margin | 58.71% | 53.57% | 51.55% | 57.01% | 64.51% | 63.74% |
| Operating Margin | -0.20% | -19.05% | -52.30% | -71.79% | 2.52% | 13.91% |
| Profit Margin | 3.01% | -13.13% | -46.18% | -55.93% | 8.20% | 14.75% |
| Free Cash Flow Margin | 18.06% | 10.75% | -6.43% | -0.62% | 2.81% | 12.89% |
| EBITDA | 45.84M | -22.02M | -75.95M | -87.24M | 18.98M | 38.37M |
| EBITDA Margin | 9.80% | -6.74% | -37.47% | -60.59% | 6.69% | 17.54% |
| D&A For EBITDA | 46.76M | 40.19M | 30.07M | 16.13M | 11.84M | 7.93M |
| EBIT | -917.00K | -62.21M | -106.02M | -103.37M | 7.14M | 30.44M |
| EBIT Margin | -0.20% | -19.04% | -52.30% | -71.79% | 2.52% | 13.91% |
| Effective Tax Rate | 3.75% | 0.35% | 0.24% | |||
| Advertising Expenses | 1.30M | 1.50M | 1.60M | 2.30M | 1.50M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.92B | 16.76M | 6.11M | 9.47M | 34.60M | 559.46M |
| Short-Term Investments | 791.65M | 412.73M | 518.73M | 529.49M | ||
| Cash & Short-Term Investments | 1.92B | 808.41M | 418.83M | 528.20M | 564.10M | 559.46M |
| Receivables | 88.71M | 45.04M | 38.21M | 21.86M | 41.23M | 38.38M |
| Inventory | 103.90M | 81.56M | 76.74M | 65.54M | 57.65M | 23.63M |
| Prepaid Expenses | 8.58M | 6.76M | 4.30M | 3.56M | 3.12M | 2.40M |
| Other Current Assets | 11.53M | 7.51M | 5.97M | 4.08M | 2.97M | 2.08M |
| Total Current Assets | 2.13B | 949.28M | 544.06M | 623.24M | 669.07M | 625.94M |
| Property, Plant & Equipment | 124.25M | 109.20M | 89.04M | 62.95M | 69.62M | 46.10M |
| Goodwill | 87.10M | 87.10M | 87.10M | 87.10M | ||
| Other Intangible Assets | 136.02M | 147.37M | 163.56M | 177.08M | 5.21M | 5.98M |
| Other Long-Term Assets | 4.29M | 1.75M | 1.20M | 1.32M | 6.72M | 193.00K |
| Total Assets | 2.51B | 1.29B | 884.96M | 951.68M | 750.62M | 678.21M |
| Accounts Payable | 28.89M | 21.33M | 22.89M | 8.69M | 14.88M | 13.10M |
| Accrued Expenses | 40.65M | 21.54M | 17.43M | 11.72M | 11.66M | 15.09M |
| Current Portion of Leases | 4.37M | 2.48M | 2.74M | 2.60M | 2.48M | 1.34M |
| Current Unearned Revenue | 234.00K | |||||
| Other Current Liabilities | 35.82M | 38.66M | 65.39M | 98.38M | 4.53M | 7.86M |
| Total Current Liabilities | 109.74M | 84.00M | 108.45M | 121.39M | 33.79M | 37.38M |
| Long-Term Leases | 4.69M | 1.13M | 3.49M | 5.42M | 8.15M | 6.40M |
| Other Long-Term Liabilities | 48.49M | 53.38M | 73.30M | 116.81M | 193.00K | 1.93M |
| Total Liabilities | 1.48B | 138.52M | 185.24M | 243.63M | 42.14M | 45.71M |
| Common Stock | 3.00K | 3.00K | 2.00K | 2.00K | 2.00K | 2.00K |
| Additional Paid-In Capital | 1.24B | 1.38B | 881.72M | 796.45M | 716.34M | 663.61M |
| Retained Earnings | -211.97M | -224.90M | -182.00M | -88.40M | -7.87M | -31.12M |
| Shareholders' Equity | 1.03B | 1.16B | 699.72M | 708.05M | 708.48M | 632.50M |
| Total Liabilities & Equity | 2.51B | 1.29B | 884.96M | 951.68M | 750.62M | 678.21M |
| Total Debt | 1.33B | 3.61M | 6.23M | 8.02M | 10.63M | 7.73M |
| Net Cash (Debt) | 594.53M | 804.80M | 412.60M | 520.18M | 553.46M | 551.73M |
| Net Cash Per Share | 22.23 | 32.23 | 17.85 | 23.44 | 24.42 | 26.09 |
| Filing Date Shares Outstanding | 30.07M | 26.30M | 23.60M | 22.69M | 21.70M | 20.82M |
| Total Common Shares Outstanding | 26.51M | 26.30M | 23.60M | 22.69M | 21.70M | 20.82M |
| Working Capital | 2.02B | 865.27M | 435.61M | 501.85M | 635.27M | 588.56M |
| Book Value Per Share | 38.66 | 43.96 | 29.65 | 31.20 | 32.65 | 30.37 |
| Tangible Book Value | 801.93M | 921.72M | 449.06M | 443.88M | 703.27M | 626.52M |
| Tangible Book Value Per Share | 30.25 | 35.05 | 19.03 | 19.56 | 32.41 | 30.08 |
| Machinery | 186.32M | 163.99M | 124.96M | 85.28M | 76.90M | 46.69M |
| Construction In Progress | 15.51M | 15.88M | 9.54M | 5.98M | 5.97M | 7.10M |
| Leasehold Improvements | 9.02M | 8.30M | 7.82M | 7.85M | 7.13M | 5.21M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 14.09M | -42.90M | -93.60M | -80.53M | 23.25M | 32.28M |
| Depreciation & Amortization | 46.76M | 40.19M | 30.07M | 16.13M | 11.84M | 7.93M |
| Loss (Gain) From Sale of Investments | 3.07M | -3.51M | 4.58M | -3.83M | -5.05M | |
| Stock-Based Compensation | 113.96M | 103.54M | 92.63M | 76.75M | 57.41M | 29.99M |
| Other Operating Activities | 10.92M | 11.67M | 14.54M | 3.87M | 3.33M | 1.93M |
| Change in Accounts Receivable | -61.84M | -6.83M | -16.35M | 19.37M | -2.85M | -13.72M |
| Change in Inventory | -26.54M | -12.00M | -14.34M | -9.89M | -36.99M | -13.10M |
| Change in Accounts Payable | 18.21M | 4.30M | 6.12M | -5.71M | 2.47M | 5.83M |
| Change in Other Net Operating Assets | 9.11M | -7.30M | -458.00K | -8.10M | -13.66M | 7.94M |
| Operating Cash Flow | 127.74M | 87.15M | 23.19M | 8.06M | 39.75M | 59.08M |
| Capital Expenditures | -43.25M | -52.03M | -36.22M | -8.95M | -31.79M | -30.88M |
| Cash Acquisitions | -39.00M | |||||
| Sale (Purchase) of Intangibles | -916.00K | -428.00K | -453.00K | -3.30M | -3.86M | -2.91M |
| Investment in Securities | 601.08M | -375.41M | 101.43M | 14.59M | -524.44M | |
| Investing Cash Flow | 556.91M | -427.87M | 64.76M | -36.66M | -560.09M | -33.79M |
| Total Debt Issued | 1.35B | |||||
| Net Debt Issued (Repaid) | 1.35B | |||||
| Issuance of Common Stock | 35.59M | 468.68M | 50.51M | 46.02M | 33.98M | 461.26M |
| Repurchase of Common Stock | -114.63M | -54.60M | -52.63M | -41.35M | -37.55M | |
| Other Financing Activities | -206.99M | -62.72M | -89.19M | -1.21M | -947.00K | -618.00K |
| Financing Cash Flow | 1.06B | 351.37M | -91.31M | 3.47M | -4.52M | 460.65M |
| Net Cash Flow | 1.75B | 10.65M | -3.36M | -25.14M | -524.86M | 485.94M |
| Free Cash Flow | 84.49M | 35.13M | -13.03M | -889.00K | 7.96M | 28.20M |
| Free Cash Flow Margin | 18.06% | 10.75% | -6.43% | -0.62% | 2.81% | 12.89% |
| Free Cash Flow Per Share | 3.16 | 1.41 | -0.56 | -0.04 | 0.35 | 1.33 |
| Levered Free Cash Flow | 24.75M | 12.57M | -23.50M | 113.44M | -5.16M | 14.85M |
| Unlevered Free Cash Flow | 26.15M | 12.57M | -23.50M | 113.44M | -5.16M | 14.85M |
| Cash Income Tax Paid | 377.00K | 402.00K | 88.00K | 199.00K | 58.00K | 24.00K |
| Change in Working Capital | -61.07M | -21.83M | -25.03M | -4.33M | -51.03M | -13.05M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 13.08B | 9.22B | 5.01B | 2.74B | 2.18B | 5.93B |
| Enterprise Value | 12.49B | 8.41B | 4.58B | 2.18B | 1.63B | 5.67B |
| Last Close Price | 447.06 | 353.19 | 214.53 | 122.08 | 101.62 | 292.54 |
| PE Ratio | 833.60 | 93.69 | 183.57 | |||
| Forward PE | 30.87 | 85.71 | 169.46 | 162.08 | 64.03 | 85.29 |
| PS Ratio | 28.80 | 28.22 | 24.73 | 19.04 | 7.68 | 27.08 |
| PB Ratio | 11.56 | 7.97 | 7.16 | 3.87 | 3.08 | 9.37 |
| P/TBV Ratio | 16.80 | 10.00 | 11.16 | 6.18 | 3.10 | 9.46 |
| P/FCF Ratio | 159.46 | 262.44 | 273.74 | 210.11 | ||
| P/OCF Ratio | 105.47 | 105.77 | 216.12 | 340.30 | 54.81 | 100.29 |
| PEG Ratio | 0.45 | 2.73 | 2.73 | 2.73 | 2.73 | 5.69 |
| EV/Sales Ratio | 27.53 | 25.76 | 22.61 | 15.15 | 5.73 | 25.89 |
| EV/EBITDA Ratio | 280.93 | 85.63 | 147.67 | |||
| EV/EBIT Ratio | 227.63 | 186.11 | ||||
| EV/FCF Ratio | 152.42 | 239.52 | 204.26 | 200.92 | ||
| Debt / Equity Ratio | 1.29 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 |
| Debt / EBITDA Ratio | 24.80 | 0.44 | 0.19 | |||
| Debt / FCF Ratio | 15.70 | 0.10 | 1.34 | 0.27 | ||
| Net Debt / Equity Ratio | -0.58 | -0.70 | -0.59 | -0.73 | -0.78 | -0.87 |
| Net Debt / EBITDA Ratio | -12.97 | 36.55 | 5.43 | 5.96 | -29.15 | -14.38 |
| Net Debt / FCF Ratio | -7.04 | -22.91 | 31.67 | 585.13 | -69.54 | -19.57 |
| Asset Turnover | 0.25 | 0.30 | 0.22 | 0.17 | 0.40 | 0.54 |
| Inventory Turnover | 2.06 | 1.92 | 1.38 | 1.00 | 2.48 | 4.41 |
| Quick Ratio | 18.32 | 10.16 | 4.21 | 4.53 | 17.91 | 15.99 |
| Current Ratio | 19.45 | 11.30 | 5.02 | 5.13 | 19.80 | 16.74 |
| Return on Equity (ROE) | 1.33% | -4.62% | -13.30% | -11.37% | 3.47% | 8.70% |
| Return on Assets (ROA) | -0.03% | -3.57% | -7.22% | -7.59% | 0.62% | 4.67% |
| Return on Invested Capital (ROIC) | -0.22% | -19.49% | -44.64% | -60.29% | 6.04% | 48.45% |
| Return on Capital Employed (ROCE) | 0.00% | -5.10% | -13.70% | -12.50% | 1.00% | 4.80% |
| Earnings Yield | 0.12% | -0.46% | -1.87% | -2.94% | 1.07% | 0.55% |
| FCF Yield | 0.63% | 0.38% | -0.26% | -0.03% | 0.36% | 0.48% |
| Buyback Yield / Dilution | -13.44% | -8.00% | -4.19% | 2.10% | -7.19% | -31.62% |