---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-001599"
form_type: "8-K"
ticker: "SITM"
cik: "0001451809"
company_name: "SITIME Corp"
filed_at: "2023-02-01T23:59:59+00:00"
generated_at: "2026-06-20T03:40:25.810100+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# SiTime Q4 revenue down 19.7% YoY to $60.8M; GAAP net loss $1.5M

## Summary
- Q4 revenue $60.8M (-19.7% YoY); FY2022 revenue $283.6M (+29.6% YoY).
- Q4 GAAP net loss $1.5M ($0.07 diluted EPS); FY2022 GAAP net income $23.3M ($1.03 diluted EPS).
- Non-GAAP Q4 net income $14.4M ($0.64 diluted EPS); non-GAAP FY2022 net income $82.9M ($3.66 diluted EPS).
- Cash and short-term investments total $564.1M as of Dec 31, 2022.
- GAAP gross margin 62.1% in Q4 vs 64.5% for full year 2022.

## SEC filing metadata
- accession: 0000950170-23-001599
- form_type: 8-K
- ticker: SITM
- cik: 0001451809
- company_name: SITIME Corp
- filed_at: 2023-02-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1451809/000095017023001599/0000950170-23-001599-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1451809/000095017023001599/sitm-20230201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-001599
- JSON: https://secwatch.observer/filing/0000950170-23-001599.json
- Plain text: https://secwatch.observer/filing/0000950170-23-001599.txt

## Key facts
- Earnings Releases
  SITIME Corp reported the fiscal year ended December 31, 2022 results: revenue $283.6 million, net income $23.3 million, EPS $1.03 per diluted share.
  - Period: the fiscal year ended December 31, 2022
  - Revenue: $283.6 million
  - Net income: $23.3 million
  - EPS: $1.03 per diluted share
  - Result: reported results
  source text: Net revenue for the year ended December 31, 2022 was $283.6 million, a 29.6% increase from the $218.8 million in the year ended December 31, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1451809/000095017023001599/0000950170-23-001599-index.htm
- Earnings Releases
  SITIME Corp reported the fourth quarter ended December 31, 2022 results: revenue $60.8 million, net income $1.5 million, EPS $0.07 per diluted share.
  - Period: the fourth quarter ended December 31, 2022
  - Revenue: $60.8 million
  - Net income: $1.5 million
  - EPS: $0.07 per diluted share
  - Result: reported results
  source text: Net revenue in the fourth quarter of 2022 was $60.8 million, a 19.7% decrease from the $75.7 million in the fourth quarter of 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1451809/000095017023001599/0000950170-23-001599-index.htm

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