Financial Statements — SITM
Balance Sheet
(in billions USD)| Metric | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 0.50 | 0.03 | 0.17 | 0.04 | 0.01 | 0.02 | 0.10 | 0.02 | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 0.05 | 0.02 | 0.03 | 0.03 | 0.03 | 0.02 | 0.02 | 0.03 | 0.02 | 0.02 | 0.04 | 0.04 | 0.03 | 0.03 | 0.03 | 0.02 |
| Inventory | 0.09 | 0.09 | 0.08 | 0.08 | 0.07 | 0.07 | 0.07 | 0.06 | 0.06 | 0.06 | 0.05 | 0.03 | 0.03 | 0.02 | 0.02 | 0.01 |
| Total Current Assets | 0.95 | 0.93 | 0.92 | 0.52 | 0.55 | 0.55 | 0.62 | 0.67 | 0.66 | 0.67 | 0.66 | 0.66 | 0.64 | 0.32 | 0.30 | 0.30 |
| Property, Plant & Equipment | 0.11 | 0.10 | 0.10 | 0.10 | 0.07 | 0.06 | 0.05 | 0.06 | 0.06 | 0.06 | 0.06 | 0.05 | 0.04 | 0.03 | 0.02 | 0.01 |
| Goodwill | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Intangible Assets | 0.14 | 0.08 | 0.09 | 0.09 | 0.10 | 0.10 | 0.11 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Non-current Assets* | 0.34 | 0.35 | 0.35 | 0.35 | 0.33 | 0.32 | 0.32 | 0.08 | 0.08 | 0.08 | 0.08 | 0.07 | 0.06 | 0.04 | 0.03 | 0.03 |
| Total Assets | 1.29 | 1.28 | 1.27 | 0.87 | 0.88 | 0.88 | 0.94 | 0.75 | 0.75 | 0.75 | 0.74 | 0.73 | 0.70 | 0.37 | 0.33 | 0.32 |
| Accounts Payable | 0.02 | 0.02 | 0.01 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 |
| Total Current Liabilities | 0.08 | 0.11 | 0.11 | 0.11 | 0.09 | 0.08 | 0.12 | 0.03 | 0.03 | 0.03 | 0.04 | 0.04 | 0.03 | 0.03 | 0.02 | 0.02 |
| Total Non-current Liabilities* | 0.06 | 0.06 | 0.06 | 0.07 | 0.09 | 0.11 | 0.13 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Total Liabilities | 0.13 | 0.17 | 0.17 | 0.18 | 0.18 | 0.19 | 0.25 | 0.04 | 0.04 | 0.03 | 0.04 | 0.05 | 0.04 | 0.04 | 0.03 | 0.03 |
| Retained Earnings | (0.23) | (0.23) | (0.23) | (0.21) | (0.16) | (0.14) | (0.12) | (0.07) | (0.05) | (0.02) | (0.01) | (0.01) | (0.02) | (0.05) | (0.06) | (0.07) |
| Total Stockholder Equity | 1.16 | 1.10 | 1.10 | 0.69 | 0.70 | 0.69 | 0.70 | 0.71 | 0.71 | 0.71 | 0.69 | 0.68 | 0.65 | 0.33 | 0.30 | 0.30 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Total Revenue | 113.57 | 113.29 | 83.57 | 69.49 | 60.31 | 68.11 | 57.70 | 43.87 | 33.02 | 42.40 | 35.52 | 27.73 | 38.34 | 60.84 | 73.10 | 79.42 | 70.25 | 75.74 | 63.03 | 44.50 |
| Cost of Revenue | 46.61 | 49.40 | 38.85 | 33.44 | 29.98 | 32.27 | 28.23 | 22.34 | 15.36 | 18.71 | 15.60 | 12.29 | 15.30 | 23.08 | 25.80 | 26.74 | 25.02 | 23.62 | 21.33 | 17.67 |
| Gross Profit | 66.96 | 63.88 | 44.72 | 36.05 | 30.34 | 35.84 | 29.47 | 21.52 | 17.66 | 23.69 | 19.92 | 15.44 | 23.04 | 37.76 | 47.30 | 52.67 | 45.23 | 52.12 | 41.70 | 26.83 |
| Research & Development | 32.74 | 28.30 | 30.01 | 30.56 | 30.03 | 29.33 | 26.49 | 25.49 | 25.54 | 22.92 | 23.65 | 26.57 | 24.46 | 23.80 | 23.88 | 22.02 | 20.60 | 15.85 | 13.01 | 12.07 |
| Selling, General & Admin | 38.94 | 30.82 | 30.60 | 28.23 | 26.86 | 27.70 | 25.36 | 25.19 | 23.91 | 20.52 | 21.45 | 21.28 | 20.73 | 19.69 | 19.89 | 18.38 | 18.58 | 16.09 | 14.62 | 12.69 |
| Total Operating Expenses | 79.29 | 62.12 | 60.74 | 60.66 | 58.44 | 58.86 | 54.33 | 53.84 | 52.70 | 51.16 | 45.09 | 47.84 | 45.19 | 43.49 | 43.76 | 40.39 | 39.17 | 31.94 | 27.62 | 24.75 |
| Operating Income | (12.34) | 1.76 | (16.02) | (24.61) | (28.11) | (23.02) | (24.86) | (32.32) | (35.04) | (27.47) | (25.18) | (32.40) | (22.15) | (5.73) | 3.53 | 12.28 | 6.06 | 20.18 | 14.07 | 2.07 |
| Pretax Income | (5.20) | 9.55 | (7.90) | (20.14) | (23.81) | (18.44) | (19.20) | (26.79) | (28.69) | (19.99) | (18.08) | (25.90) | (16.42) | (1.57) | 5.79 | 12.91 | 6.21 | 19.87 | 13.96 | 2.05 |
| Tax Provision | 0.01 | 0.39 | 0.11 | 0.04 | 0.07 | 0.37 | 0.12 | (0.02) | 0.01 | 0.01 | 0.05 | 0.02 | 0.07 | (0.04) | 0.00 | 0.05 | 0.07 | 0.01 | 0.00 | 0.02 |
| Net Income | (5.22) | 9.17 | (8.01) | (20.18) | (23.88) | (18.81) | (19.32) | (26.77) | (28.70) | (20.00) | (18.12) | (25.92) | (16.49) | (1.53) | 5.78 | 12.86 | 6.14 | 19.86 | 13.96 | 2.02 |
| Basic EPS | (0.20) | 0.44 | (0.31) | (0.84) | (1.01) | (0.80) | (0.83) | (1.16) | (1.26) | (0.89) | (0.81) | (1.17) | (0.76) | (0.08) | 0.27 | 0.61 | 0.29 | 1.03 | 0.73 | 0.11 |
| Diluted EPS | (0.20) | 0.44 | (0.31) | (0.84) | (1.01) | (0.80) | (0.83) | (1.16) | (1.26) | (0.89) | (0.81) | (1.17) | (0.76) | (0.07) | 0.26 | 0.57 | 0.27 | 0.93 | 0.66 | 0.10 |
Cash Flow Statement
(in millions USD)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Operating Cash Flow | 31.19 | 25.38 | 31.40 | 15.34 | 15.03 | 13.49 | 8.15 | (0.18) | 1.73 | (1.41) | (2.56) | 0.07 | 11.95 | 4.81 | (0.39) | 15.31 | 20.03 | 24.67 | 24.02 | 4.32 |
| Capital Expenditures | 13.32 | 12.39 | 5.09 | 18.24 | 16.31 | 15.89 | 14.86 | 2.56 | 2.91 | 2.84 | 2.43 | 1.58 | 2.09 | 6.79 | 7.76 | 9.79 | 7.45 | 10.81 | 8.68 | 7.52 |
| Free Cash Flow* | 17.87 | 12.99 | 26.31 | (2.89) | (1.28) | (2.40) | (6.71) | (2.74) | (1.18) | (4.24) | (4.99) | (1.51) | 9.86 | (1.98) | (8.15) | 5.52 | 12.58 | 13.85 | 15.34 | (3.21) |
| Investing Cash Flow | 483.68 | (21.47) | (159.03) | (283.56) | 36.19 | (8.99) | (4.66) | (12.70) | 91.11 | (6.40) | (11.99) | (7.44) | (10.82) | (12.18) | (530.26) | (9.61) | (8.03) | (11.30) | (10.52) | (7.73) |
| Financing Cash Flow | (33.15) | (14.25) | (17.78) | 401.90 | (18.49) | (6.88) | (11.64) | (66.76) | (6.03) | 0.56 | 0.89 | (0.51) | 2.53 | 0.37 | (8.03) | 3.14 | -- | 279.06 | 0.00 | 0.00 |
* Derived from reported values
