AI brief of an SEC Form 8-K · SiTime (SITM)

SiTime Q1 revenue rises 83% to $60.3 million; GAAP loss narrows

Positive Impact 3 of 5 earnings Written later

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

CompanySiTime (SITM)
Form8-K, current report
Filed with the SECMay 7, 2025, 4:13 PM ET
Accession number0001451809-25-000086

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

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.