SiTime Q1 revenue rises 83% to $60.3 million; GAAP loss narrows
SiTime reported first-quarter 2025 results on May 7, 2025, with net revenue of $60.3 million, up from $33.0 million a year earlier. The GAAP net loss was $23.9 million, or $1.01 per diluted share, compared with a $28.7 million loss a year earlier, and non-GAAP net income was $6.3 million, or $0.26 per diluted share. CEO Rajesh Vashist said the company anticipates continued strong growth in the second quarter, with its business outlook to be discussed on the conference call.
Key points
- Q1 2025 net revenue was $60.3 million, up 83% from $33.0 million in Q1 2024 but down from $68.1 million in Q4 2024.
- GAAP net loss was $23.9 million, or $1.01 per diluted share, versus a $28.7 million net loss in Q1 2024.
- Non-GAAP net income was $6.3 million, or $0.26 per diluted share; GAAP gross margin was 50.3%.
- Total cash, cash equivalents and short-term investments were $398.9 million on March 31, 2025.
The filing
Written by AI on Nov 8, 2026, 1:12 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 07, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.