---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-021240"
form_type: "8-K"
ticker: "SITM"
cik: "0001451809"
company_name: "SITIME Corp"
filed_at: "2022-11-02T23:59:59+00:00"
generated_at: "2026-06-22T13:23:13.215719+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# SiTime Q3 revenue $73.1M (+16% YoY); GAAP EPS $0.26, non-GAAP $0.97

## Summary
- Net revenue $73.1M, +16% from Q3'21 $63.0M, -8% from Q2'22 $79.4M.
- GAAP gross margin 64.7%; GAAP net income $5.8M ($0.26 diluted EPS).
- Non-GAAP net income $21.9M ($0.97 diluted EPS); non-GAAP gross margin 65.2%.
- GAAP operating income $3.5M (4.8% of revenue); non-GAAP operating income $19.6M (26.8%).
- Cash and short-term investments totaled $563.8M as of Sept 30, 2022.

## SEC filing metadata
- accession: 0000950170-22-021240
- form_type: 8-K
- ticker: SITM
- cik: 0001451809
- company_name: SITIME Corp
- filed_at: 2022-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1451809/000095017022021240/0000950170-22-021240-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1451809/000095017022021240/sitm-20221102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-021240
- JSON: https://secwatch.observer/filing/0000950170-22-021240.json
- Plain text: https://secwatch.observer/filing/0000950170-22-021240.txt

## Key facts
- Earnings Releases
  SITIME Corp reported the third quarter ended September 30, 2022 results: revenue $73.1 million, net income $5.8 million, EPS $0.26 per diluted share.
  - Period: the third quarter ended September 30, 2022
  - Revenue: $73.1 million
  - Net income: $5.8 million
  - EPS: $0.26 per diluted share
  - Result: reported results
  source text: Net revenue in the third quarter of 2022 was $73.1 million, a 16.0% increase from the $63.0 million in the third quarter of 2021 and an 8.0% decrease from the $79.4 million in the second quarter of 2022. Generally Accepted Accounting Principles (GAAP) Results In the third quarter of 2022, GAAP gross margins were $47.3 million, or 64.7% of revenue, GAAP operating expenses were $43.8 million, or 59.9% of revenue, GAAP income from operations was $3.5 million, or 4.8% of revenue and GAAP net income was $5.8 million, or $0.26 per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1451809/000095017022021240/0000950170-22-021240-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.