SITIME Corp

For the period ended Dec 31, 2024. Filed Feb 14, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 14, 2025

SITM$444.45-2.8%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Operations and Comprehensive Income (Loss)

(In thousands, except per share amounts)

	Year Ended December 31,
	2024	2023	2022
Revenue	$202,697	$143,993	$283,605
Cost of revenue	98,203	61,905	100,643
Gross profit	104,494	82,088	182,962
Operating expenses:
Research and development	106,855	97,589	90,288
Selling, general and administrative	102,157	83,971	76,532
Acquisition related costs	10,722	7,728	—
Total operating expenses	219,734	189,288	166,820
Income (loss) from operations	(115,240)	(107,200)	16,142
Interest income	22,883	26,958	7,291
Other expense, net	(758)	(141)	(97)
Income (loss) before income taxes	(93,115)	(80,383)	23,336
Income tax expense	(486)	(152)	(82)
Net income (loss)	$(93,601)	$(80,535)	$23,254
Net income (loss) attributable to common stockholders and comprehensive income (loss)	$(93,601)	$(80,535)	$23,254
Net income (loss) per share attributable to common stockholders, basic	$(4.05)	$(3.63)	$1.09
Net income (loss) per share attributable to common stockholders, diluted	$(4.05)	$(3.63)	$1.03
Weighted-average shares used to compute basic net income (loss) per share	23,118	22,188	21,245
Weighted-average shares used to compute diluted net income (loss) per share	23,118	22,188	22,664

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.