secwatch.observer — SEC 8-K summary
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Issuer:     SITIME Corp (SITM)
CIK:        0001451809
Form:       8-K
Filed at:   2026-08-05T20:11:48+00:00
Accession:  0001451809-26-000059
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SiTime Q2 revenue $157.4M (+127% YoY); completes Renesas timing acquisition
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- Q2 net revenue $157.4M, up 127% YoY from $69.5M; GAAP net income $18.2M ($0.66 diluted EPS).
- Non-GAAP net income $65.6M ($2.34 diluted EPS); non-GAAP gross margin 67.1%.
- Completed acquisition of Renesas Timing Business on July 1, adding over 550 clocking products.
- Cash, equivalents and short-term investments $1,921M, including proceeds from convertible notes used for acquisition.
- CEO: every segment grew at least 50%, CED segment grew 181%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1451809/000145180926000059/0001451809-26-000059-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1451809/000145180926000059/sitm-20260805.htm
  HTML page:      https://secwatch.observer/filing/0001451809-26-000059

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer