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American micro-electromechanical systems chipmaker
SiTime Corporation is a publicly traded fabless chipmaker based in Santa Clara, California that develops micro-electromechanical systems (MEMS), used for timing devices in electronics.3 It is part of MegaChips.1 Its shares trade on Nasdaq under the symbol SITM.1Wikipedia text CC BY-SA 4.0
SiTime Corporation is a publicly traded fabless chipmaker based in Santa Clara, California that develops micro-electromechanical systems (MEMS), used for timing devices in electronics.3
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Revenue101112139$326.7M in 2025+289% since 2019Gross profit101112139$175.0M in 2025+342% since 2019Operating income101112139-$67.0M in 2025+1274% since 2019Net income101112139-$42.9M in 2025+549% since 2019
Revenue1415$157.4M in Q2 FY2026+39% since Q1 FY2026Gross profit1415$99.1M in Q2 FY2026+48% since Q1 FY2026Operating income1415$8.2M in Q2 FY2026Net income1415$18.2M in Q2 FY2026
Every line of the income statement as filed: the last 3 fiscal years, latest first.9
Period ending
2025-12-31
2024-12-31
2023-12-31
Revenue
$326.7M
$202.7M
$144.0M
Cost of revenue
$151.7M
$98.2M
$61.9M
Gross profit
$175.0M
$104.5M
$82.1M
Research and development
$118.9M
$106.9M
$97.6M
Selling, general and administrative
$116.5M
$102.2M
$84.0M
Acquisition related costs
$6.6M
$10.7M
$7.7M
Total operating expenses
$242.0M
$219.7M
$189.3M
Loss from operations
-$67.0M
-$115.2M
-$107.2M
Interest income
$24.8M
$22.9M
$27.0M
Other expense, net
-$157.0K
-$758.0K
-$141.0K
Loss before income taxes
-$42.3M
-$93.1M
-$80.4M
Income tax expense
-$598.0K
-$486.0K
-$152.0K
Net loss
-$42.9M
-$93.6M
-$80.5M
Comprehensive Income (Loss), Net of Tax, Attributable to Parent
-$42.9M
-$93.6M
-$80.5M
Net Income (Loss) Available to Common Stockholders, Diluted
-$42.9M
-$93.6M
-$80.5M
Net loss attributable to common stockholders and comprehensive loss
-$42.9M
-$93.6M
-$80.5M
Net loss per share attributable to common stockholders, basic (in dollars per share)
-$1.72
-$4.05
-$3.63
Net loss per share attributable to common stockholders, diluted (in dollars per share)
-$1.72
-$4.05
-$3.63
Weighted-average shares used to compute basic net loss per share (in shares)
25.0M shares
23.1M shares
22.2M shares
Weighted-average shares used to compute diluted net loss per share (in shares)
25.0M shares
23.1M shares
22.2M shares
No quarter-by-quarter statement was filed.
Total assets16101112139$1.3B in 2025+949% since 2019Total liabilities16101112139$138.5M in 2025+126% since 2019Shareholders’ equity1112139$1.2B in 2025+1761% since 2019Cash12139$16.8M in 2025−77% since 2020
Total assets1415$2.5B in Q2 FY2026+94% since Q1 FY2025Total liabilities1415$1.5B in Q2 FY2026+969% since Q1 FY2025Shareholders’ equity1415$1.0B in Q2 FY2026−11% since Q1 FY2025Cash1415$1.9B in Q2 FY2026+11363% since Q1 FY2025
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.9
Period ending
2025-12-31
2024-12-31
2023-12-31
2022-12-31
Cash and cash equivalents
$16.8M
$6.1M
$9.5M
$34.6M
Short-term investments in held-to-maturity securities
$791.6M
$412.7M
Accounts receivable, net
$45.0M
$38.2M
Inventories
$81.6M
$76.7M
Prepaid expenses and other current assets
$14.3M
$10.3M
Total current assets
$949.3M
$544.1M
Property and equipment, net
$105.1M
$82.5M
Intangible assets, net
$147.4M
$163.6M
Right-of-use assets, net
$4.1M
$6.6M
Goodwill
$87.1M
$87.1M
Other assets
$1.8M
$1.2M
Total assets
$1.3B
$885.0M
Accounts payable
$21.3M
$22.9M
Accrued expenses and other current liabilities
$62.7M
$85.6M
Total current liabilities
$84.0M
$108.4M
Other non-current liabilities
$54.5M
$76.8M
Total liabilities
$138.5M
$185.2M
Common stock, $0.0001 par value - 200,000 shares authorized; 26,299 and 23,598 shares issued and outstanding at December 31, 2025 and 2024
$3.0K
$2.0K
Additional paid-in capital
$1.4B
$881.7M
Accumulated deficit
-$224.9M
-$182.0M
Total stockholders equity
$1.2B
$699.7M
$708.1M
$708.5M
Total liabilities and stockholders equity
$1.3B
$885.0M
Common stock, par value (in dollars per share)
$0.00
$0.00
Common stock, shares authorized (in shares)
200.0M shares
200.0M shares
Common stock, shares, issued (in shares)
26.3M shares
23.6M shares
Common stock, shares, outstanding (in shares)
26.3M shares
23.6M shares
Period ending
2025-12-31
2024-12-31
2023-12-31
2022-12-31
Cash and cash equivalents
$16.8M
$6.1M
$9.5M
$34.6M
Short-term investments in held-to-maturity securities
$791.6M
$412.7M
Accounts receivable, net
$45.0M
$38.2M
Inventories
$81.6M
$76.7M
Prepaid expenses and other current assets
$14.3M
$10.3M
Total current assets
$949.3M
$544.1M
Property and equipment, net
$105.1M
$82.5M
Intangible assets, net
$147.4M
$163.6M
Right-of-use assets, net
$4.1M
$6.6M
Goodwill
$87.1M
$87.1M
Other assets
$1.8M
$1.2M
Total assets
$1.3B
$885.0M
Accounts payable
$21.3M
$22.9M
Accrued expenses and other current liabilities
$62.7M
$85.6M
Total current liabilities
$84.0M
$108.4M
Other non-current liabilities
$54.5M
$76.8M
Total liabilities
$138.5M
$185.2M
Common stock, $0.0001 par value - 200,000 shares authorized; 26,299 and 23,598 shares issued and outstanding at December 31, 2025 and 2024
$3.0K
$2.0K
Additional paid-in capital
$1.4B
$881.7M
Accumulated deficit
-$224.9M
-$182.0M
Total stockholders equity
$1.2B
$699.7M
$708.1M
$708.5M
Total liabilities and stockholders equity
$1.3B
$885.0M
Common stock, par value (in dollars per share)
$0.00
$0.00
Common stock, shares authorized (in shares)
200.0M shares
200.0M shares
Common stock, shares, issued (in shares)
26.3M shares
23.6M shares
Common stock, shares, outstanding (in shares)
26.3M shares
23.6M shares
Cash from operations101112139$87.2M in 2025+1081% since 2019Capital spending101112139$52.0M in 2025+3549% since 2019Free cash flow101112139$35.1M in 2025+490% since 2019
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.9
Period ending
2025-12-31
2024-12-31
2023-12-31
Net loss
-$42.9M
-$93.6M
-$80.5M
Depreciation and amortization expense
$40.2M
$30.1M
$16.1M
Stock-based compensation expense
$103.5M
$92.6M
$76.8M
Net change in unrealized interest on held to maturity securities
-$3.5M
$4.6M
-$3.8M
Change in fair value of sales based earnout liability
$4.0M
$6.0M
$1.2M
Accretion of acquisition consideration payable
$1.1M
$4.1M
$710.0K
Inventory write-down
$6.6M
$4.4M
$2.0M
Other, net
$0
$0
-$23.0K
Accounts receivable, net
-$6.8M
-$16.3M
$19.4M
Inventories
-$12.0M
-$14.3M
-$9.9M
Prepaid expenses and other assets
-$4.6M
-$2.5M
-$6.1M
Accounts payable
$4.3M
$6.1M
-$5.7M
Accrued expenses and other liabilities
-$2.7M
$2.1M
-$2.0M
Net cash provided by operating activities
$87.2M
$23.2M
$8.1M
Purchase of held to maturity securities
-$1.4B
-$807.8M
-$1.0B
Proceeds from maturity of held to maturity securities
$993.4M
$909.3M
$1.1B
Acquisition of business
$0
$0
-$39.0M
Purchase of property and equipment
-$52.0M
-$36.2M
-$8.9M
Cash paid for intangibles
-$428.0K
-$453.0K
-$3.3M
Net cash (used in) provided by investing activities
-$427.9M
$64.8M
-$36.7M
Tax withholding paid on behalf of employees for net share settlement
-$54.6M
-$52.6M
-$41.3M
Proceeds from issuance of common stock
$468.7M
$50.5M
$46.0M
Payments for offering costs
-$17.1M
-$1.7M
-$1.2M
Payment of contingent consideration towards earnouts
-$12.9M
-$12.3M
$0
Payment of deferred acquisition consideration payable
-$32.7M
-$75.2M
$0
Net cash provided by (used in) financing activities
$351.4M
-$91.3M
$3.5M
Net increase (decrease) in cash and cash equivalents
$10.7M
-$3.4M
-$25.1M
Income taxes paid, net of refunds
$402.0K
$88.0K
$199.0K
Unpaid property and equipment
$3.1M
$8.9M
$866.0K
Right-of-use assets acquired under operating leases
$405.0K
$1.1M
$0
Settlement of pre-existing arrangement in connection with acquisition
$0
$0
$10.0M
Acquisition consideration payable at acquisition date
SiTime is part of a group headed by MegaChips. 12 entities, 11 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What SiTime reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Our principal executive offices are located in a leased facility in Santa Clara, California, consisting of approximately 50,400 square feet of office space under lease that expires in March 2027. This facility accommodates our principal engineering, sales, marketing, operations, finance, and administrative activities. Outside of the United States, we also lease facilities in various international locations that are used for research and development, sales, business development, operations, and administrative support. These international facilities are mainly located in Japan, Malaysia, the Netherlands, Taiwan, Finland, India and Ukraine. We do not own any real property. We believe that our leased facilities are adequate to meet our current needs and that additional facilities will be available on commercially reasonable terms for lease to meet future needs.
SiTime manufactures silicon-based MEMS timing devices, used as an alternative to quartz timers in precision timing applications such as controlling the timing of electronic systems, managing electronic transfer of data, setting radio frequencies or measuring time. It provides MEMS resonators, oscillators and clocks.
Operations
SiTime is headquartered in Santa Clara, California. It also operates a research center in Dexter, Michigan. In its 2021 annual report, the company reported 279 full time employees in the United States, France, Malaysia, the Netherlands, Taiwan, Japan and Ukraine.
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
802 filings to the SEC since October 2021: 5 annual reports, 18 quarterly reports, 42 major events, 484 insider forms, 34 large holders, 219 other. The latest 20:
304 open-market trades by officers, directors and large owners since October 2021: 1 buys and 303 sales. Grants, option exercises and gifts are left out.
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
Year
Executive
Age
Salary
Total pay
2025
Rajesh VashistChairman, President and Chief Executive Officer
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
From the cover page of the 10-K filed Feb 11, 2026 (Section 12(b) of the Exchange Act).17
Risk factors and legal proceedings
The risks SiTime names in Item 1A of its 10-K filed Feb 11, 2026: 58 risks under these headings, as written.17
Risks Related to Our Business and Our Industry
Global macroeconomic conditions have harmed and may continue to harm our business.
We are subject to the cyclical nature of the semiconductor industry.
We have historically depended on a limited number of customers for a significant portion of our revenue. If we are unable to expand or further diversify our customer base, our business, financial condition, and results of operations could suffer, and the loss of, or a significant reduction in orders from our customers, including a large customer or end customer, could significantly reduce our revenue and adversely impact our operating results.
Because we do not typically have long-term purchase commitments with our customers, orders may be cancelled, reduced, or rescheduled with little or no notice, which in turn exposes us to inventory risk, and may cause our business and results of operations to suffer.
Our revenue and operating results may fluctuate from period to period, which could cause our stock price to fluctuate.
We depend on third parties for our wafer fabrication, assembly, packaging, and testing operations, which exposes us to certain risks that may harm our business.
International trade policies, including tariffs, sanctions and trade barriers may adversely affect our business, financial condition, results of operations and prospects.
A significant portion of our operations is located outside of the United States, which subjects us to additional risks, including increased complexity and costs of managing international operations and geopolitical instability.
Our success and future revenue depend on our ability to achieve design wins and to convince our current and prospective customers to design our products into their product offerings. If we do not continue to win designs or our products are not designed into our customers’ product offerings, our results of operations and business will be harmed.
We may experience difficulties demonstrating the value to customers of newer solutions if they believe existing solutions are adequate to meet end customer expectations. If we are unable to sell new generations of our product, our business would be harmed.
Some of our customer and other third-party agreements provide for joint and/or custom product development, which subject us to a number of risks, and any failure to execute on any of these arrangements could have a material adverse effect on our business, results of operations, and financial condition.
The other 47 risks
The success of our products is dependent on our customers’ ability to develop products that achieve market acceptance, and our customers’ failure to do so could negatively affect our business.
Our target customer and product markets may not grow or develop as we currently expect, and if we fail to penetrate new markets and scale successfully within those markets, our revenue and financial condition would be harmed.
Fluctuations in exchange rates between and among the currencies of the countries in which we do business could adversely affect our results of operations.
The average selling prices of our individual products have fluctuated historically over time and may do so in the future, which could harm our revenue and gross margins.
If we are not able to successfully introduce and ship in volume new products in a timely manner, our business and revenue will suffer.
Pandemics, epidemics, or other outbreaks of disease have had and may in the future have an adverse impact upon our business, results of operations, and financial condition.
Our gross margins may fluctuate due to a variety of factors, which could negatively impact our results of operations and our financial condition.
Our revenue in previous periods may not be indicative of future performance and our revenue may fluctuate over time.
If we are unable to manage our growth effectively, we may not be able to execute our business plan and our operating results could suffer.
Our customers require our products and our third-party contractors to undergo a lengthy and expensive qualification process, which does not assure product sales. If we are unsuccessful or delayed in qualifying any of our products with a customer, our business and operating results would suffer.
We provide a lifetime warranty on our products and may be subject to warranty or product liability claims, which could result in unexpected expenses and loss of market share.
Defects in our products or failures to meet product specifications could harm our relationships with our customers and damage our reputation.
If we fail to accurately anticipate and respond to rapid technological change in the industries in which we operate, our ability to attract and retain customers could be impaired and our competitive position could be harmed.
If our products do not conform to, or are not compatible with, existing or emerging industry standards, demand for our existing solutions may decrease, which in turn would harm our business and operating results.
We may be unable to make the substantial investments that are required to remain competitive in our business.
If we fail to compete effectively, we may lose or fail to gain market share, which could negatively impact our operating results and our business.
We depend on our executive officers and other key employees, and the loss of one or more of these employees or an inability to attract or retain highly skilled employees could adversely affect our business.
Our company culture has contributed to our success and if we cannot maintain this culture, our business could be harmed.
Our acquisition of certain assets and an exclusive license to certain intellectual property of Aura involves a number of risks.
We may make acquisitions in the future that could disrupt our business, cause dilution to our stockholders, reduce our financial resources, and harm our business.
If the foundries with which we contract do not achieve satisfactory yields or quality, our reputation and customer relationships could be harmed.
Raw material and engineered material availability and price fluctuations have in the past and may in the future increase the cost of our products, impact our ability to meet customer commitments, and may adversely affect our results of operations.
We rely on our relationships with industry and technology leaders to enhance our product offerings and our inability to continue to develop or maintain such relationships in the future would harm our ability to remain competitive.
Our ability to receive timely payments from, or the deterioration of the financial conditions of, our distributors or our end customers could adversely affect our operating results.
We may not be able to accurately predict our future capital needs, and we may not be able to obtain additional financing to fund our operations.
Our cash and cash equivalents could be adversely affected if the financial institutions in which we hold our cash and cash equivalents fail.
We may seek, or be required to seek, debt financing.
Failure to comply with the laws associated with our activities outside of the United States could subject us to penalties and other adverse consequences.
We are subject to government regulation, including import, export and economic sanctions laws and regulations that may expose us to liability and increase our costs.
Our internal control over financial reporting may not prevent or detect misstatements because of its inherent limitations, including the possibility of human error, failure or interruption of information technology systems, the circumvention or overriding of controls, or fraud.
Changes in environmental laws or regulations, as well as sustainability initiatives, could impose substantial costs and may adversely affect our business.
New or future changes to U.S. and non-U.S. tax laws could materially adversely affect us.
If we fail to comply with government contracting regulations, we could suffer a loss of revenue or other penalties.
Tax regulatory authorities may disagree with our positions and conclusions regarding certain tax positions resulting in unanticipated costs or non-realization of expected benefits.
Catastrophic events may disrupt our business.
State, federal, and foreign laws and regulations and other legal obligations related to privacy, data protection, and data security could adversely affect us.
Security breaches, cyberattacks, and other disruptions to information technology systems owned or maintained by us or third parties, such as vendors or suppliers, could disrupt our operations, compromise the confidentiality of private customer data or our intellectual property, and adversely affect our business, reputation, operations, and financial results.
Our business may be impacted by information technology system failures or network disruptions, and lack of redundancy.
We may not be able to utilize a significant portion of our net operating loss carryforwards and research and development tax credit carryforwards.
Risks Related to Intellectual Property
Our failure to adequately protect our intellectual property rights could impair our ability to compete effectively or defend ourselves from litigation, which could harm our business, financial condition, and results of operations.
We may face intellectual property infringement, misappropriation, or other claims, which could be time-consuming and costly to defend or settle and which could result in the loss of significant rights and harm our relationships with our customers and distributors.
Any potential dispute involving patents or other intellectual property could affect our customers, which could trigger our indemnification obligations to them and result in substantial expense to us.
Risks Related to Concentration of Ownership in Our Common Stock
As long as a limited number of stockholders hold a significant amount of our stock, our other stockholders’ ability to influence matters requiring stockholder approval will be limited.
Risks Related to Our Common Stock
Substantial future sales of our common stock could cause the market price of our common stock to decline.
Anti-takeover provisions in our charter documents and under Delaware law could make an acquisition of us more difficult, limit attempts by our stockholders to replace or remove our current management and limit the market price of our common stock.
Our bylaws designate the Court of Chancery of the State of Delaware as the sole and exclusive forum for certain types of actions and proceedings that may be initiated by our stockholders, and federal district courts will be the sole and exclusive forum for Securities Act claims, which could limit our stockholders’ ability to obtain what they believe to be a favorable judicial forum for disputes with us or our directors, officers, or other employees.
Our stock price may be volatile and may decline, resulting in a loss of some or all of our stockholder investment.
Legal proceedings
From time to time, we may become involved in legal proceedings arising in the ordinary course of our business. We are not currently a party to any legal proceedings the outcome of which, if determined adversely to us, would individually or in the aggregate have a material adverse effect on our business, financial condition, and results of operations.
