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Jun 30
SiTime Q2 2025 Earnings Report
SiTime reported its financial results for the second quarter ended June 30, 2025, with significant revenue growth driven by strong demand in the Communications, Enterprise, and Data Center market.
Key Takeaways
SiTime Corporation announced strong financial results for the second quarter of 2025, with net revenue increasing by 58% year-over-year to $69.5 million. The growth was primarily fueled by a 137% year-over-year increase in revenue from the Communications, Enterprise, and Data Center (CED) market, driven by AI-related demand. The company reported a GAAP net loss of $20.2 million but a non-GAAP net income of $11.6 million.
Net revenue for Q2 2025 increased by 58% year-over-year to $69.5 million.
Revenue from the Communications, Enterprise, and Data Center (CED) market surged by 137% year-over-year, largely due to AI-driven demand.
GAAP net loss was $20.2 million, or $0.84 per diluted share, while non-GAAP net income was $11.6 million, or $0.47 per diluted share.
The company maintained a strong cash position with $796.7 million in total cash, cash equivalents, and short-term investments as of June 30, 2025.
SiTime
SiTime
Forward Guidance
The company plans to discuss its business outlook during the scheduled conference call.
Positive Outlook
- Continued momentum across end markets, indicating strong product demand.
- Focus on high-performance applications is proving successful.
- Significant growth in the Communications, Enterprise, and Data Center (CED) market.
- Strong demand for Precision Timing solutions fueled by AI.
- Healthy cash and cash equivalents position to support future operations and investments.
Challenges Ahead
- No specific negative forward guidance was provided in the report.
- The report does not detail any potential headwinds for the upcoming quarter.
- No specific revenue or EPS guidance for the next quarter was disclosed in this report.
- Potential for ongoing GAAP losses, as indicated by current quarter results.
- Reliance on specific market segments like AI for growth could pose concentration risks.