Financial Snapshot

Revenue
$134.6M
TTM
Gross Margin
51.21%
TTM
Net Earnings
-$74.79M
TTM
Current Assets
Q4 2024
Current Liabilities
Q4 2024
Current Ratio
501.67%
Q4 2024
Total Assets
Q4 2024
Total Liabilities
Q4 2024
Book Value
$699.7M
Q4 2024
Cash
Q4 2024
P/E
-69.79
Nov 29, 2024 EST
Free Cash Flow
-$10.86M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Revenue $202.7M $144.0M $283.6M $218.8M $116.2M $84.07M $85.21M $101.1M
YoY Change 40.77% -49.23% 29.61% 88.37% 38.16% -1.34% -15.71%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Revenue $202.7M $144.0M $283.6M $218.8M $116.2M $84.07M $85.21M $101.1M
Cost Of Revenue $98.20M $61.91M $100.6M $79.35M $58.22M $44.52M $49.01M $53.10M
Gross Profit $104.5M $82.09M $183.0M $139.5M $57.93M $39.56M $36.21M $47.90M
Gross Profit Margin 51.55% 57.01% 64.51% 63.74% 49.87% 47.05% 42.49% 47.38%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Selling, General & Admin $102.2M $83.97M $76.53M $54.52M $34.89M $20.64M $21.22M $21.30M
YoY Change 21.66% 9.72% 40.39% 56.23% 69.09% -2.75% -0.38%
% of Gross Profit 97.76% 102.29% 41.83% 39.09% 60.23% 52.17% 58.61% 44.47%
Research & Development $106.9M $97.59M $90.29M $52.10M $31.65M $23.80M $22.80M $21.00M
YoY Change 9.49% 8.09% 73.28% 64.62% 33.02% 4.36% 8.57%
% of Gross Profit 102.26% 118.88% 49.35% 37.36% 54.64% 60.15% 62.97% 43.84%
Depreciation & Amortization $30.07M $16.13M $11.84M $7.926M $6.402M $8.273M $7.413M $3.550M
YoY Change 86.46% 36.18% 49.42% 23.81% -22.62% 11.6% 108.82%
% of Gross Profit 28.78% 19.65% 6.47% 5.68% 11.05% 20.91% 20.48% 7.41%
Operating Expenses $219.7M $189.3M $166.8M $106.6M $66.55M $44.43M $44.00M $42.40M
YoY Change 16.08% 13.47% 56.46% 60.22% 49.77% 0.99% 3.76%
Operating Profit -$115.2M -$107.2M $16.14M $32.84M -$8.613M -$4.873M -$7.790M $5.500M
YoY Change 7.5% -764.11% -50.85% -481.32% 76.75% -37.45% -241.64%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Interest Expense $22.88M $26.96M $7.291M -$500.0K $726.0K $1.714M $1.512M -$900.0K
YoY Change -15.12% 269.74% -1558.2% -168.87% -57.64% 13.36% -268.0%
% of Operating Profit 45.17% -1.52% -16.36%
Other Income/Expense, Net -$758.0K -$141.0K -$97.00K $12.00K $0.00 $0.00 -$100.0K $0.00
YoY Change 437.59% 45.36% -908.33% -100.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Pretax Income -$93.12M -$80.38M $23.34M $32.36M -$9.371M -$6.615M -$9.368M $4.700M
YoY Change 15.84% -444.46% -27.88% -445.27% 41.66% -29.39% -299.32%
Income Tax $486.0K $152.0K $82.00K $78.00K $1.000K -$8.000K -$26.00K $0.00
% Of Pretax Income 0.35% 0.24% 0.0%
Net Earnings -$93.60M -$80.54M $23.25M $32.28M -$9.372M -$6.607M -$9.342M $4.700M
YoY Change 16.22% -446.33% -27.95% -444.4% 41.85% -29.28% -298.77%
Net Earnings / Revenue -46.18% -55.93% 8.2% 14.75% -8.07% -7.86% -10.96% 4.65%
Basic Earnings Per Share -$4.05 -$3.63 $1.09 $1.70 -$0.58 -$0.63
Diluted Earnings Per Share -$4.05 -$3.63 $1.03 $1.53 -$0.58 -$0.63 -$620.0K $313.3K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

No data

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

No data

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Cash & Short-Term Investments $528.2M $564.1M $559.5M $73.50M $63.40M $7.900M $9.100M
YoY Change -6.36% 0.83% 661.17% 15.93% 702.53% -13.19%
Cash & Equivalents $9.468M $34.60M $559.5M $73.50M $63.40M $7.900M $9.100M
Short-Term Investments $518.7M $529.5M
Other Short-Term Assets $7.641M $6.091M $4.476M $2.600M $5.600M $4.000M $6.600M
YoY Change 25.45% 36.08% 72.15% -53.57% 40.0% -39.39%
Inventory $65.54M $57.65M $23.63M $12.40M $11.90M $20.50M $15.40M
Prepaid Expenses
Receivables $21.86M $41.23M $38.38M $23.90M $17.70M $19.20M $20.90M
Other Receivables $0.00 $0.00 $0.00 $800.0K $1.000M $1.400M $1.700M
Total Short-Term Assets $623.2M $669.1M $625.9M $113.2M $99.70M $53.10M $53.70M
YoY Change -6.85% 6.89% 452.95% 13.54% 87.76% -1.12%
Property, Plant & Equipment $62.95M $69.62M $46.10M $20.60M $19.10M $11.30M $12.70M
YoY Change -9.58% 51.03% 123.77% 7.85% 69.03% -11.02%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.317M $6.724M $193.0K $200.0K $200.0K $200.0K $100.0K
YoY Change -80.41% 3383.94% -3.5% 0.0% 0.0% 100.0%
Total Long-Term Assets $328.4M $81.55M $52.27M $22.80M $23.70M $19.60M $21.00M
YoY Change 302.75% 56.03% 129.24% -3.8% 20.92% -6.67%
Total Assets $951.7M $750.6M $678.2M $136.0M $123.4M $72.70M $74.70M
YoY Change
Accounts Payable $8.690M $14.88M $13.10M $6.200M $3.900M $5.000M $5.800M
YoY Change -41.6% 13.57% 111.34% 58.97% -22.0% -13.79%
Accrued Expenses $112.7M $18.91M $24.28M $13.00M $8.400M $7.700M $5.600M
YoY Change 495.91% -22.11% 86.78% 54.76% 9.09% 37.5%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $41.00M $46.00M $43.00M
YoY Change -100.0% -10.87% 6.98%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $121.4M $33.79M $37.39M $19.10M $53.30M $58.70M $54.40M
YoY Change 259.22% -9.61% 95.73% -64.17% -9.2% 7.9%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $122.2M $8.342M $8.327M $7.000M $7.900M $3.000M $2.600M
YoY Change 1365.32% 0.18% 18.96% -11.39% 163.33% 15.38%
Total Long-Term Liabilities $122.2M $8.342M $8.327M $7.000M $7.900M $3.000M $2.600M
YoY Change 1365.32% 0.18% 18.96% -11.39% 163.33% 15.38%
Total Liabilities $243.6M $42.14M $45.71M $26.10M $61.30M $61.70M $57.10M
YoY Change 478.2% -7.82% 75.14% -57.42% -0.65% 8.06%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Basic Shares Outstanding 23.12M shares 22.19M shares 21.25M 19.01M 16.06M 10.56M
Diluted Shares Outstanding 23.12M shares 22.19M shares 22.66M 21.14M 16.06M 10.56M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $5.2195 Billion

About SITIME Corp

SiTime Corp.is a micro-electromechanical system-based silicon timing solution. The company is headquartered in Santa Clara, California and currently employs 382 full-time employees. The company went IPO on 2019-11-21. The firm's products are designed for approximately 300 applications across its target markets, including communications and enterprise, automotive, industrial, aerospace, mobile, Internet of Things (IoT), and consumer. The Company’s solutions include oscillators, clock integrated circuits, and resonators. Its all-silicon solutions are based on three areas of expertise, which include micro-electro-mechanical systems (MEMS), analog mixed-signal design capabilities, and advanced system-level integration expertise. For the communications and enterprise market, its precision timing solutions provide performance and resilience in dense, less-controlled environments that experience extreme conditions. For the automotive market, its solutions can be utilized in automotive electronics, including advanced driver assistance systems (ADAS) for self-driving cars.

Industry: Semiconductors & Related Devices Peers: NVIDIA CORP ALPHA & OMEGA SEMICONDUCTOR Ltd AMBARELLA INC IMPINJ INC indie Semiconductor, Inc. MAXLINEAR, INC RAMBUS INC SEMTECH CORP Penguin Solutions, Inc.