Sitime (SITM) financial statements
Sitime reported revenue of $327M in fiscal 2025, up 21.2% a year over 7 years.
Net income was -$43M and the operating margin -20.5%, against -9.1% in 2018.
Free cash flow was $35M.
The diluted share count rose 150% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Sitime's 10-K filings with the SEC.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $85M | $84M | $116M | $219M | $284M | $144M | $203M | $327M |
| Cost of revenue | $49M | $45M | $58M | $79M | $101M | $62M | $98M | $152M |
| Gross profit | $36M | $40M | $58M | $139M | $183M | $82M | $104M | $175M |
| Research and development | $23M | $24M | $32M | $52M | $90M | $98M | $107M | $119M |
| Selling, general and admin | $21M | $21M | $35M | $55M | $77M | $84M | $102M | $117M |
| Operating income | -$8M | -$5M | -$9M | $33M | $16M | -$107M | -$115M | -$67M |
| Interest expense | $2M | $2M | $726,000 | — | — | — | — | — |
| Pre-tax income | -$9M | -$7M | -$9M | $32M | $23M | -$80M | -$93M | -$42M |
| Income tax | -$26,000 | -$8,000 | $1,000 | $78,000 | $82,000 | $152,000 | $486,000 | $598,000 |
| Net income | -$9M | -$7M | -$9M | $32M | $23M | -$81M | -$94M | -$43M |
| EPS (diluted) | -$0.93 | -$0.63 | -$0.58 | $1.53 | $1.03 | -$3.63 | -$4.05 | -$1.72 |
| Diluted shares | 10M | 11M | 16M | 21M | 23M | 22M | 23M | 25M |
| Gross margin | 42.5% | 47.1% | 49.9% | 63.7% | 64.5% | 57.0% | 51.6% | 53.6% |
| Operating margin | -9.1% | -5.8% | -7.4% | 15.0% | 5.7% | -74.4% | -56.9% | -20.5% |
| Net margin | -11.0% | -7.9% | -8.1% | 14.8% | 8.2% | -55.9% | -46.2% | -13.1% |
Balance sheet
Fiscal years, from Sitime's 10-K filings with the SEC.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | — | — | $74M | $559M | $35M | $9M | $6M | $17M |
| Receivables | $19M | $18M | $24M | $38M | $41M | $22M | $38M | $45M |
| Inventory | $21M | $12M | $12M | $24M | $58M | $66M | $77M | $82M |
| Total current assets | $53M | $100M | $113M | $626M | $669M | $623M | $544M | $949M |
| Property, plant and equipment | $11M | $9M | $12M | $38M | $59M | $55M | $82M | $105M |
| Goodwill | — | — | — | — | $0 | $87M | $87M | $87M |
| Total assets | $73M | $123M | $136M | $678M | $751M | $952M | $885M | $1.3B |
| Total current liabilities | $59M | $53M | $19M | $37M | $34M | $121M | $108M | $84M |
| Total liabilities | $62M | $61M | $26M | $46M | $42M | $244M | $185M | $139M |
| Shareholders' equity | $11M | $62M | $110M | $632M | $708M | $708M | $700M | $1.2B |
| Net debt | — | — | -$74M | -$559M | -$35M | -$9M | -$6M | -$17M |
Cash flow
Fiscal years, from Sitime's 10-K filings with the SEC.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$1M | $7M | $17M | $59M | $40M | $8M | $23M | $87M |
| Capital spending | $2M | $1M | $6M | $31M | $32M | $9M | $36M | $52M |
| Free cash flow | -$3M | $6M | $11M | $28M | $8M | -$889,000 | -$13M | $35M |
| Stock-based compensation | $831,000 | $1M | $16M | $30M | $57M | $77M | $93M | $104M |
| Free cash flow margin | -3.9% | 7.1% | 9.0% | 12.9% | 2.8% | -0.6% | -6.4% | 10.8% |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for SITM.
Open SITM in InvestinglyQuestions
What was Sitime's revenue in 2025?
$327M in fiscal 2025, from its 10-K filing.
How much free cash flow does Sitime generate?
$35M in fiscal 2025 (operating cash flow minus capital spending).
From Sitime's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.