Financial Snapshot

Revenue
$177.0M
TTM
Gross Margin
52.38%
TTM
Net Earnings
-$94.79M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
574.95%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$696.2M
Q3 2024
Cash
Q3 2024
P/E
-55.07
Nov 29, 2024 EST
Free Cash Flow
-$15.36M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

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

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

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

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

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

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017
Interest Expense $26.96M $7.291M -$500.0K $726.0K $1.714M $1.512M -$900.0K
YoY Change 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 -$141.0K -$97.00K $12.00K $0.00 $0.00 -$100.0K $0.00
YoY Change 45.36% -908.33% -100.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017
Pretax Income -$80.38M $23.34M $32.36M -$9.371M -$6.615M -$9.368M $4.700M
YoY Change -444.46% -27.88% -445.27% 41.66% -29.39% -299.32%
Income Tax $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 -$80.54M $23.25M $32.28M -$9.372M -$6.607M -$9.342M $4.700M
YoY Change -446.33% -27.95% -444.4% 41.85% -29.28% -298.77%
Net Earnings / Revenue -55.93% 8.2% 14.75% -8.07% -7.86% -10.96% 4.65%
Basic Earnings Per Share -$3.63 $1.09 $1.70 -$0.58 -$0.63
Diluted Earnings Per Share -$3.63 $1.03 $1.53 -$0.58 -$0.63 -$620.0K $313.3K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 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

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

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

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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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.