SiTime Corporation

sitime.com

What Do They Do?

Sells silicon-based timing components and synchronization software to electronics makers serving data centers, communications networks, automotive and industrial systems.

How Do They Make Money?

Electronics customers buy timing products mainly through distributors, who resell them to end users; SiTime gets paid after shipment, with terms varying by contract and customer.

FY2025 revenue

Who Are Their Customers?

Larger electronics customers work through distributors or directly with SiTime’s sales teams; smaller manufacturers can buy through distributors, sales staff or the online store.

Do Revenues Turn Into Profits?

Not on paper. It lost $42.9M in FY2025, but brought in more cash than it spent: $35.1M of free cash flow.

Operating income, FY2025

−21% of revenue

▼ −42% (Loss) vs FY2024 (−$115.2M, −57%)

Net income, FY2025

−13% of revenue

▼ −54% (Loss) vs FY2024 (−$93.6M, −46%)

Free cash flow, FY2025

11% of revenue

▲ Now profitable vs FY2024 (−$13M, −6%)

How Are They Changing?

Since the FY2025 annual report

Latest quarter: Q2 FY2026, the three months to Jun 30, 2026

Revenue: ▲ +127%; vs $69.5M in Q2 FY2025
Net income: ▲ Now profitable; vs −$20.2M in Q2 FY2025

Jul 1, 2026 Completed acquisition of Renesas’ timing business SiTime acquired certain assets from Renesas Electronics Corporation related to its timing business.

Growing. Revenue grew 49% in 4 years, from $218.8M in FY2021 to $326.7M in FY2025, about 11% a year.

AI data center focus The latest report specifically describes timing applications in AI data centers; the older report discussed communications, enterprise networks and cloud data centers.

Synchronization software The latest report describes a synchronization software suite alongside its hardware timing products; the older report listed oscillators, resonators and clock ICs.

Who Do They Compete With?

Competes with Abracon, Daishinku, Diodes, Kyocera, Microchip Technology, Murata Manufacturing, Nihon Dempa Kogoyo, Rakon, Renesas Electronics, Seiko Epson, Skyworks Solutions, Texas Instruments, and TXC

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