Highest-materiality recent filing
SiTime completes $1.5B acquisition of Renesas' timing business; expects $300M+ revenue
Acquisition closed for ~$1.5B cash and 3,558,691 shares of SiTime common stock.
SiTime closes $1.35B 0% convertible note offering to fund Renesas asset acquisition
Offering of $1.35B aggregate principal (incl. $150M over-allotment) of 0% Convertible Senior Notes due 2031 closed.
SiTime files audited financials of Renesas timing business with $207.7M revenue in 2025
Revenue in 2025 was $207.7M, up 3.1% from $201.4M in 2024.
HSR waiting period expires for SiTime's $1.5B acquisition of Renesas timing business
HSR waiting period expired on May 8, 2026, satisfying one condition for the acquisition.
SiTime Q1 revenue up 88% to $113.6M; GAAP net loss $5.2M, non-GAAP net income $38.9M
Q1 net revenue $113.6M, +88.3% YoY from $60.3M.
SiTime to acquire Renesas timing business for $1.5B cash + stock; sees $300M revenue
Purchase price: $1.5B cash + ~4.13M shares of SiTime common stock (collar: $308.67-$417.61 VWAP).
SiTime Q4 revenue $113.3M (+66% YoY); GAAP EPS $0.34, non-GAAP EPS $1.53
Q4 revenue $113.3M (+36% QoQ, +66% YoY); FY2025 revenue $326.7M (+61% YoY).
SiTime Q3 revenue up 45% to $83.6M; non-GAAP EPS $0.87, cash $809.6M
Revenue of $83.6M, up 45% YoY from $57.7M; driven by AI growth.
SiTime Q2 revenue $69.5M (+58% YoY); non-GAAP net income $0.47/share
GAAP net loss $20.2M ($0.84 loss per share); non-GAAP net income $11.6M ($0.47 EPS).
SiTime prices public offering of 1.75M shares at $200/share, diluting ~14%
1,750,000 shares offered; underwriters have 30-day option for additional 262,500 shares.
SiTime Q1 revenue up 83% to $60.3M; non-GAAP EPS $0.26 vs GAAP loss $1.01
Net revenue $60.3M, up 83% YoY from $33.0M, driven by Precision Timing products across datacenter and edge.
SiTime Q4 revenue $68.1M (+61% YoY), beats expectations; non-GAAP EPS $0.48
Q4 revenue $68.1M (+18% QoQ, +61% YoY); FY2024 revenue $202.7M (+41% YoY).
SiTime Q3 revenue $57.7M (+62% YoY); non-GAAP EPS $0.40 vs GAAP loss $0.83
Revenue $57.7M, up 32% sequentially and 62% YoY.
SiTime Q2 revenue $43.9M (+58% YoY) beats outlook; non-GAAP EPS $0.12, GAAP loss $1.16/sh
Revenue $43.9M, up 33% QoQ, 58% YoY, exceeding prior outlook; demand led by CED/AI segments.
SiTime Q1 revenue $33.0M, down 22% QoQ; GAAP EPS -$1.26, non-GAAP -$0.08
Net revenue $33.0M, down 22% from $42.4M in prior quarter.
SiTime Q4 revenue $42.4M, up 19% QoQ; FY revenue $144M, down 49%; GAAP net loss $80.5M
Q4 revenue $42.4M, up 19% from $35.5M prior quarter; FY revenue $144.0M vs $283.6M in 2022 (down 49%).
SiTime restates cash flow statements for Q1-Q3 2023; material weakness identified
Interest received on held-to-maturity securities misclassified as investing activity instead of operating; no impact on cash balance, income, or equity.
SiTime closes $148M asset purchase from Aura Semiconductor; $36M paid at closing
Closed acquisition of timing business assets and IP from Aura Entities on December 1, 2023.
SiTime Q3 revenue $35.5M, up 28% QoQ; GAAP net loss $0.81/share
Revenue $35.5M, up 28.1% from $27.7M in Q2 2023.
SiTime enters $148M asset purchase & IP license with Aura; appoints new CFO
Agreed to buy certain Aura timing assets and license IP for ~$148M cash, plus potential $120M earnout through 2028.
SiTime Q2 revenue $27.7M, down 27.7% QoQ; GAAP net loss $25.9M (-$1.17/share)
Net revenue $27.7M, down 27.7% from Q1 2023's $38.3M.
SiTime Q1 revenue $38.3M, down 37% QoQ; GAAP net loss $16.5M
Revenue $38.3M, down 37% from Q4 2022 ($60.8M).
SiTime confirms no deposits or accounts at Silicon Valley Bank
SiTime holds no deposits, securities, or accounts at Silicon Valley Bank.
SiTime Q4 revenue down 19.7% YoY to $60.8M; GAAP net loss $1.5M
Q4 revenue $60.8M (-19.7% YoY); FY2022 revenue $283.6M (+29.6% YoY).
SiTime Q3 revenue $73.1M (+16% YoY); GAAP EPS $0.26, non-GAAP $0.97
Net revenue $73.1M, +16% from Q3'21 $63.0M, -8% from Q2'22 $79.4M.
SiTime Q2 revenue $79.4M (+78.5% YoY); non-GAAP EPS $1.11
GAAP net income $12.9M ($0.57 diluted EPS) on revenue of $79.4M.
SiTime Q1 rev $70.3M (+98% YoY); ATM offering up to 800k shares
Revenue $70.3M, up 97.7% YoY, down 7.2% sequentially from Q4 2021.
SiTime Q4 revenue jumps 88% to $75.7M; GAAP EPS $0.90, net income $19.9M
Q4 revenue $75.7M (+88.1% YoY); FY2021 revenue $218.8M (+88.4% YoY).
SiTime and MegaChips launch secondary offering of 2M shares at $225 each
SiTime and MegaChips each selling 1M shares at $225.00 per share in underwritten offering.
SiTime Q3 2021 revenue $63.0M (+92.9% YoY); GAAP EPS $0.66, non-GAAP EPS $1.03
Revenue $63.0M, up 92.9% YoY from $32.7M and 41.7% QoQ from $44.5M.
SiTime Q2 2021 revenue $44.5M, up 107% YoY; GAAP EPS $0.10, non-GAAP EPS $0.46
Revenue $44.5M (+107% YoY, +25% QoQ); GAAP net income $2.0M ($0.10/shr).
On November 1, 2023, the Company announced that Elizabeth Howe, 53, will join the Company and become Executive Vice President and Chief Financial Officer on November 8, 2023.
On October 30, 2023, Arthur Chadwick, Executive Vice President and Chief Financial Officer of the Company, notified us of his decision to retire and resign from all of his officer positions with the Company and all of its subsidiaries, effective November 7, 2023
Max materiality 0.90 · Median 0.70 · Most common event earnings