SiTime

SiTime (SITM) Q1 2025 Earnings

Reported May 7, 2025 at 4:13 PM ET · SEC Source

Q1 25 EPS

$0.26

BEAT +122.60%

Est. $0.12

Q1 25 Revenue

$60.3M

BEAT +11.68%

Est. $54.0M

vs S&P Since Q1 25

+232.0%

BEATING MARKET

SITM +265.6% vs S&P +33.6%

Market Reaction

Did SITM Beat Earnings? Q1 2025 Results

SiTime delivered a standout first quarter for 2025, posting results that cleared Wall Street's expectations by a wide margin and signaled a meaningful operational inflection for the precision timing chipmaker. Revenue reached $60.31 million, an 82.7%… Read more SiTime delivered a standout first quarter for 2025, posting results that cleared Wall Street's expectations by a wide margin and signaled a meaningful operational inflection for the precision timing chipmaker. Revenue reached $60.31 million, an 82.7% year-over-year surge from $33.02 million in Q1 2024, beating the $54.01 million consensus by 11.68%. Non-GAAP EPS of $0.26 topped the $0.12 estimate by 122.60%, a dramatic swing from the $0.08 non-GAAP loss per share recorded a year ago. The primary driver behind the profit turnaround was operating leverage at scale, with non-GAAP operating income flipping to a positive $2.07 million from a loss of $8.26 million in the prior-year period. CEO Rajesh Vashist pointed to strong customer reception for the company's Elite RF Super-TCXO and Symphonic mobile clock generator as evidence of broadening demand across datacenter and edge markets. With management expressing confidence heading into Q2 2025, investors appear to be watching whether this momentum can be sustained.

Key Takeaways

  • 83% year-over-year revenue growth driven by strength across end markets
  • Non-GAAP operating income turned positive at $2.1 million vs. operating loss in Q1 2024
  • Customer enthusiasm for newest precision timing products
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SITM YoY Financials

Q1 2025 vs Q1 2024, source: SEC Filings

“Our Q1 revenue growth of 83% year-over-year highlights the strength of our business across our end markets. Customer enthusiasm for our newest products, including the Elite RF Super-TCXO and Symphonic mobile clock generator, underscore our Precision Timing leadership from the datacenter to the edge. We anticipate continued strong growth in Q2.”

— Rajesh Vashist, Q1 2025 Earnings Press Release