Nov 4, 4:16 PM ET
SiTime reported third-quarter 2026 net revenue of $298.7 million, up 257% from $83.6 million a year earlier, and GAAP net income of $4.4 million, or $0.14 per diluted share, compared with a net loss of $8.0 million a year earlier. The company also announced a three-for-one forward stock split, with trading on a split-adjusted basis expected to begin December 7, 2026, which the company says is intended to make ownership more accessible to employees and investors.
- Q3 2026 revenue of $298.7 million, up from $157.4 million in the June 2026 quarter and $83.6 million in the year-ago quarter
- GAAP net income of $4.4 million, or $0.14 per diluted share; non-GAAP net income of $130.3 million, or $4.01 per diluted share
- Acquisition related costs were $21.3 million in the quarter, and amortization of acquired intangibles was $61.8 million
- Three-for-one forward stock split: record date December 3, 2026, distribution after market close December 4, 2026
Read the filing on SEC.gov ↗
Oct 23, 4:23 PM ET
SiTime director Katherine E. Schuelke, a Class III director, notified the board on October 19, 2026 that she will resign from the board and two of its committees, effective October 20, 2026. The filing states her resignation was not due to any disagreement with the company or board, and the board reduced its size from nine to eight seats.
- Katherine E. Schuelke resigns from the Board, Nominating and Corporate Governance Committee, and Compensation and Talent Committee, effective October 20, 2026
- Resignation was not the result of a disagreement with the company or board on operations, policies, or practices
- Board size reduced from nine to eight members, effective October 20, 2026
Read the filing on SEC.gov ↗
Aug 5, 4:11 PM ET
SiTime reported second-quarter 2026 revenue of $157.4 million, up from $69.5 million a year earlier, and GAAP net income of $18.2 million, or $0.66 per diluted share, compared with a net loss of $20.2 million in the year-ago quarter. The company completed its acquisition of Renesas Electronics' timing business on July 1, 2026, and said it would discuss its business outlook on the conference call, which the filing does not include.
- Net revenue was $157.4 million versus $69.5 million in the second quarter of 2025, an increase of 127%.
- GAAP net income was $18.2 million, or $0.66 per diluted share; non-GAAP net income was $65.6 million, or $2.34 per diluted share.
- GAAP gross margin was 63.0% and non-GAAP gross margin was 67.1%.
- Cash, cash equivalents and short-term investments were $1,921 million on June 30, 2026, including convertible senior notes proceeds used to fund the Renesas acquisition completed July 1, 2026.
Read the filing on SEC.gov ↗
Jul 1, 8:00 AM ET
SiTime completed its acquisition of certain assets from Renesas Electronics, the timing business, and entered into a $200 million senior secured revolving credit facility with Wells Fargo as agent. The shares issued to Renesas are unregistered and carry registration rights, which could lead to future resales, and the company said the business is expected to generate at least $300 million in revenue in the 12 months after the acquisition.
- Acquisition completed; the press release is dated July 1, 2026, and the asset purchase agreement was first filed on February 4, 2026
- $200 million senior secured revolving credit facility dated June 30, 2026, with no loans outstanding as of the effective date
- Shares issued to Renesas in a private placement; Renesas can request registration and underwritten offerings, with up to three underwritten offerings in any 18-month period
- Hidetoshi Shibata, CEO of Renesas Electronics, is expected to join SiTime's board as a Class I director upon notice
Read the filing on SEC.gov ↗
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