---
schema_version: "secwatch.filing_event.v1"
accession: "0001451809-23-000083"
form_type: "8-K"
ticker: "SITM"
cik: "0001451809"
company_name: "SITIME Corp"
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T02:23:01.752471+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# SiTime Q3 revenue $35.5M, up 28% QoQ; GAAP net loss $0.81/share

## Summary
- Revenue $35.5M, up 28.1% from $27.7M in Q2 2023.
- GAAP gross margin 56.1%; GAAP operating loss $25.2M.
- GAAP net loss $18.1M ($0.81 basic EPS).
- Non-GAAP net income $1.4M ($0.06 diluted EPS); non-GAAP operating loss $5.6M.
- Cash and short-term investments total $568.1M as of Sept 30, 2023.

## SEC filing metadata
- accession: 0001451809-23-000083
- form_type: 8-K
- ticker: SITM
- cik: 0001451809
- company_name: SITIME Corp
- filed_at: 2023-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1451809/000145180923000083/0001451809-23-000083-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1451809/000145180923000083/sitm-20231101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001451809-23-000083
- JSON: https://secwatch.observer/filing/0001451809-23-000083.json
- Plain text: https://secwatch.observer/filing/0001451809-23-000083.txt

## Key facts
- Earnings Releases
  SITIME Corp reported the third quarter of 2023 results: revenue $35.5 million, net income $18.1 million, EPS $0.81 per basic share.
  - Period: the third quarter of 2023
  - Revenue: $35.5 million
  - Net income: $18.1 million
  - EPS: $0.81 per basic share
  - Result: reported results
  source text: (Nasdaq: SITM), the precision timing company, today announced financial results for the third quarter ended September 30, 2023. Net revenue in the third quarter of 2023 was $35.5 million, a 28.1% increase from the $27.7 million in the second quarter of 2023. Generally Accepted Accounting Principles (GAAP) Results In the third quarter of 2023, GAAP gross margins
  evidence_url: https://www.sec.gov/Archives/edgar/data/1451809/000145180923000083/0001451809-23-000083-index.htm

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