See more : HPC SYSTEMS Inc. (6597.T) Income Statement Analysis – Financial Results
Complete financial analysis of SiTime Corporation (SITM) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of SiTime Corporation, a leading company in the Semiconductors industry within the Technology sector.
You may be interested
- Cashbox Partyworld Co., Ltd. (8359.TWO) Income Statement Analysis – Financial Results
- Hefei Kewell Power System Co.,Ltd. (688551.SS) Income Statement Analysis – Financial Results
- Rigel Resource Acquisition Corp. (RRAC) Income Statement Analysis – Financial Results
- PwrCor, Inc. (PWCO) Income Statement Analysis – Financial Results
- MicroAlgo Inc. (VENAW) Income Statement Analysis – Financial Results
SiTime Corporation (SITM)
About SiTime Corporation
SiTime Corporation designs, develops, and sells silicon timing systems solutions in Taiwan, Hong Kong, the United States, and internationally. The company provides resonators and clock integrated circuits, and various types of oscillators. Its solutions have applications in various markets, including communications and enterprise, automotive, industrial, Internet of Things, mobile, consumer, and aerospace and defense. The company sells its timing products through distributors and resellers. SiTime Corporation was incorporated in 2003 and is headquartered in Santa Clara, California.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|
| Revenue | 143.99M | 283.61M | 218.81M | 116.16M | 84.07M | 85.21M | 101.07M |
| Cost of Revenue | 61.91M | 100.64M | 79.35M | 58.22M | 44.52M | 49.01M | 53.15M |
| Gross Profit | 82.09M | 182.96M | 139.46M | 57.93M | 39.56M | 36.21M | 47.92M |
| Gross Profit Ratio | 57.01% | 64.51% | 63.74% | 49.87% | 47.05% | 42.49% | 47.41% |
| Research & Development | 97.59M | 90.29M | 52.10M | 31.65M | 23.80M | 22.78M | 20.99M |
| General & Administrative | 82.37M | 74.23M | 53.02M | 34.59M | 20.34M | 6.61M | 7.96M |
| Selling & Marketing | 1.60M | 2.30M | 1.50M | 300.00K | 300.00K | 14.61M | 13.38M |
| SG&A | 83.97M | 76.53M | 54.52M | 34.89M | 20.64M | 21.22M | 21.34M |
| Other Expenses | 7.73M | -97.00K | -488.00K | -32.00K | -28.00K | -66.00K | -29.00K |
| Operating Expenses | 181.56M | 166.82M | 106.62M | 66.55M | 44.43M | 44.00M | 42.33M |
| Cost & Expenses | 243.47M | 267.46M | 185.97M | 124.77M | 88.95M | 93.00M | 95.48M |
| Interest Income | 26.96M | 7.29M | 0.00 | 0.00 | 1.71M | 0.00 | 0.00 |
| Interest Expense | 0.00 | 0.00 | 0.00 | 726.00K | 1.71M | 1.51M | 870.00K |
| Depreciation & Amortization | 16.13M | 11.84M | 7.93M | 6.40M | 8.27M | 7.41M | 3.55M |
| EBITDA | -87.24M | 27.99M | 40.77M | -2.24M | 3.37M | -443.00K | 9.11M |
| EBITDA Ratio | -60.59% | 5.69% | 15.01% | -7.44% | -5.83% | -0.52% | 9.01% |
| Operating Income | -107.20M | 4.30M | 24.92M | -8.61M | -4.87M | -7.79M | 5.59M |
| Operating Income Ratio | -74.45% | 1.52% | 11.39% | -7.42% | -5.80% | -9.14% | 5.53% |
| Total Other Income/Expenses | 26.82M | 7.19M | -488.00K | -758.00K | -1.74M | -1.58M | -899.00K |
| Income Before Tax | -80.38M | 23.34M | 32.36M | -9.37M | -6.62M | -9.37M | 4.69M |
| Income Before Tax Ratio | -55.82% | 8.23% | 14.79% | -8.07% | -7.87% | -10.99% | 4.64% |
| Income Tax Expense | 152.00K | 82.00K | 78.00K | 1.00K | -8.00K | -26.00K | -32.00K |
| Net Income | -80.54M | 23.25M | 32.28M | -9.37M | -6.61M | -9.34M | 4.72M |
| Net Income Ratio | -55.93% | 8.20% | 14.75% | -8.07% | -7.86% | -10.96% | 4.67% |
| EPS | -3.63 | 1.09 | 1.70 | -0.58 | -0.63 | -0.65 | 0.33 |
| EPS Diluted | -3.63 | 1.03 | 1.53 | -0.58 | -0.63 | -0.65 | 0.33 |
| Weighted Avg Shares Out | 22.19M | 21.25M | 19.01M | 16.06M | 10.56M | 14.30M | 14.30M |
| Weighted Avg Shares Out (Dil) | 22.19M | 22.66M | 21.14M | 16.06M | 10.56M | 14.30M | 14.30M |
SiTime's Growth Drivers Prime It For Growth And Long-Term Profitability
SiTime heavily relies on top-line strength to keep its margins, so more customers equals more revenue. SiTime was able to acquire more design wins, was able to position itself for single sourcing, and its expansion in the IoT automotive market...
SiTime Corporation (SITM) Q3 2022 Earnings Call Transcript
SiTime Corporation (NASDAQ:SITM ) Q3 2022 Earnings Conference Call November 2, 2022 5:00 PM ET Company Participants Brett Perry - Shelton Group Investor Relations Rajesh Vashist - Chief Executive Officer Art Chadwick - Chief Financial Officer Conference Call Participants Alessandra...
SiTime Reports Third Quarter 2022 Financial Results
SANTA CLARA, Calif., Nov. 02, 2022 (GLOBE NEWSWIRE) -- SiTime Corporation, (Nasdaq: SITM), the precision timing company, today announced financial results for the third quarter ended September 30, 2022.
SiTime Expands Automotive SAM with New Family Precision Timing Solutions
SANTA CLARA, Calif.--(BUSINESS WIRE)--SiTime Corporation (NASDAQ: SITM), the precision timing company, today introduced an ultra-low-power 32 kHz oscillator family that provides accurate time keeping for advanced driver assistance systems (ADAS), infotainment, instrument clusters and electronic control units (ECUs). The unique...
SiTime Expands Automotive SAM with New Family Precision Timing Solutions
SANTA CLARA, Calif.
SiTime to Showcase Precision Timing Solutions at Open Compute Project (OCP) Global Summit 2022
SANTA CLARA, Calif.--(BUSINESS WIRE)--2022 OCP Global Summit - SiTime Corporation (NASDAQ: SITM), the precision timing company, today announced its participation at the Open Compute Project (OCP) Global Summit 2022 in Santa Clara, October 18-20. At the Open Compute Project (OCP)...
SiTime Corporation to Announce Third Quarter 2022 Financial Results on November 2, 2022
SANTA CLARA, Calif., Oct. 05, 2022 (GLOBE NEWSWIRE) -- SiTime Corporation (Nasdaq: SITM), the precision timing company, will announce its third quarter 2022 financial results on Wednesday, November 2, 2022, after market close.
SiTime Delivers Precision Timing Solution for Tesla Dojo AI Supercomputer
SANTA CLARA, Calif.--(BUSINESS WIRE)--SiTime Corporation (NASDAQ: SITM), the precision timing company, announced today that it is delivering precision timing solutions for the Tesla Dojo System, featured in Tesla’s AI Day 2022. As mentioned in the AI day 2 presentation on...
SiTime Delivers Precision Timing Solution for Tesla Dojo AI Supercomputer
SANTA CLARA, Calif.--(BUSINESS WIRE)-- #AI--SiTime Delivers Precision Timing Solution for Tesla Dojo AI Supercomputer
Source: https://incomestatements.info
Category: Stock Reports