SLAB (SLAB) financial statements
SLAB reported revenue of $785M in fiscal 2025, up 1.3% a year over 9 years.
Net income was -$65M and the operating margin -9.0%, against 9.5% in 2016.
Free cash flow was $66M.
The diluted share count fell 23% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from SLAB's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $698M | $769M | $868M | $474M | $511M | $721M | $1.0B | $782M | $584M | $785M |
| Cost of revenue | $276M | $315M | $347M | $194M | $216M | $295M | $382M | $322M | $272M | $328M |
| Gross profit | $422M | $454M | $521M | $280M | $295M | $425M | $643M | $461M | $312M | $457M |
| Research and development | $200M | $209M | $238M | $206M | $235M | $273M | $332M | $338M | $332M | $353M |
| Selling, general and admin | $155M | $160M | $198M | $163M | $167M | $185M | $191M | $147M | $145M | $174M |
| Operating income | $66M | $85M | $85M | -$89M | -$107M | -$33M | $119M | -$24M | -$165M | -$71M |
| Interest expense | $3M | — | $20M | $20M | $34M | $31M | $7M | $6M | $1M | $975,000 |
| Pre-tax income | $64M | $77M | $72M | -$96M | -$132M | -$58M | $126M | -$11M | -$155M | -$58M |
| Income tax | $3M | $30M | -$11M | $7M | -$15M | $13M | $38M | $8M | $36M | $7M |
| Net income | $61M | $47M | $84M | $19M | $13M | $2.1B | $91M | -$35M | -$191M | -$65M |
| EPS (diluted) | $1.45 | $1.09 | $1.90 | $0.43 | $0.28 | $47.78 | $2.54 | -$1.09 | -$5.93 | -$1.98 |
| Diluted shares | 42M | 43M | 44M | 44M | 44M | 44M | 36M | 32M | 32M | 33M |
| Gross margin | 60.4% | 59.1% | 60.1% | 59.1% | 57.7% | 59.0% | 62.7% | 58.9% | 53.4% | 58.2% |
| Operating margin | 9.5% | 11.1% | 9.8% | -18.7% | -21.0% | -4.6% | 11.6% | -3.1% | -28.3% | -9.0% |
| Net margin | 8.8% | 6.1% | 9.6% | 4.1% | 2.5% | 293.7% | 8.9% | -4.4% | -32.7% | -8.3% |
Balance sheet
Fiscal years, from SLAB's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $295M | $764M | $614M | $726M | $725M | $2.0B | $1.2B | $350M | $289M | $291M |
| Receivables | $74M | $71M | $73M | $76M | $95M | $98M | $71M | $29M | $54M | $65M |
| Inventory | $60M | $73M | $75M | $73M | $48M | $49M | $100M | $194M | $106M | $96M |
| Total current assets | $491M | $948M | $827M | $944M | $976M | $2.2B | $1.5B | $738M | $602M | $674M |
| Property, plant and equipment | $130M | $128M | $139M | $136M | $136M | $147M | $152M | $146M | $132M | $129M |
| Goodwill | $276M | $288M | $397M | $237M | $376M | $376M | $376M | $376M | $376M | $376M |
| Total assets | $1.1B | $1.5B | $1.6B | $1.7B | $2.0B | $3.0B | $2.2B | $1.4B | $1.2B | $1.3B |
| Total current liabilities | $140M | $162M | $145M | $138M | $284M | $669M | $186M | $164M | $98M | $144M |
| Long-term debt | $72M | — | — | — | — | — | — | — | — | — |
| Total liabilities | $255M | $582M | $557M | $560M | $794M | $746M | $764M | $234M | $143M | $175M |
| Shareholders' equity | $827M | $953M | $1.1B | $1.1B | $1.2B | $2.2B | $1.4B | $1.2B | $1.1B | $1.1B |
| Net debt | -$69M | -$269M | -$197M | -$227M | -$203M | -$1.1B | -$500M | -$228M | -$282M | -$364M |
Cash flow
Fiscal years, from SLAB's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $129M | $190M | $174M | $167M | $136M | $91M | $141M | -$30M | -$14M | $96M |
| Capital spending | $11M | $12M | $24M | $15M | $18M | $29M | $27M | $22M | $12M | $30M |
| Free cash flow | $118M | $177M | $149M | $151M | $118M | $63M | $115M | -$53M | -$26M | $66M |
| Stock-based compensation | $40M | $45M | $50M | $44M | $49M | $57M | $61M | $48M | $62M | $80M |
| Share buybacks (net) | -$41M | — | -$39M | -$27M | -$16M | -$1.2B | -$883M | -$217M | -$16,000 | $0 |
| Net borrowing | -$5M | -$72M | — | -$1M | $220M | -$141M | -$21,000 | -$491M | -$45M | $0 |
| Free cash flow margin | 16.9% | 23.1% | 17.2% | 31.9% | 23.0% | 8.7% | 11.2% | -6.7% | -4.4% | 8.4% |
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Open SLAB in InvestinglyQuestions
What was SLAB's revenue in 2025?
$785M in fiscal 2025, from its 10-K filing.
How much free cash flow does SLAB generate?
$66M in fiscal 2025 (operating cash flow minus capital spending).
From SLAB's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.