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Apr 05
Silicon Labs Q1 2025 Earnings Report
Silicon Labs reported strong year-over-year growth in Q1 2025, driven by momentum in IoT and next-gen platform ramp.
Key Takeaways
Silicon Labs posted significant revenue growth in Q1 2025, supported by robust design wins and the ramp of its Series 3 platform. Despite a GAAP net loss, non-GAAP results reflected improved operating leverage, while new SoCs positioned the company for continued leadership in low-power wireless connectivity.
Revenue reached $177.7M, up from $106.4M a year earlier.
Non-GAAP EPS improved to -$0.08 from deeper losses previously.
Industrial & Commercial revenue grew 47% YoY to $96M.
Series 3 platform and new SoC launches fuel innovation and growth outlook.
Silicon Labs
Silicon Labs
Silicon Labs Revenue by Segment
Forward Guidance
Silicon Labs expects continued revenue growth in Q2 2025, driven by next-gen platform adoption and new SoC rollouts.
Positive Outlook
- Revenue guidance between $185M–$200M
- Non-GAAP EPS range of -$0.01 to $0.19
- Series 3 platform ramping in production
- Launch of BG29, BG22L, BG24L and MG26 SoCs targeting AI and IoT
- Gross margin expected to remain strong at 55–57%
Challenges Ahead
- GAAP EPS guidance remains negative: -$0.55 to -$0.95
- Ongoing macroeconomic and trade uncertainties
- Continued operating losses on GAAP basis
- High stock-based compensation of ~$20.5M projected
- Elevated R&D costs due to aggressive product development
Revenue & Expenses
Visualization of income flow from segment revenue to net income