SITIME Corp
For the period ended Dec 31, 2025. Filed Feb 11, 2026.
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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.
FY2025 · Filed Feb 11, 2026
SITM$444.45-2.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 15. Exhibits and Financial Statement Schedules
Item 15. Exhibits, Financial Statement Schedules.
(a)The following documents are filed as a part of this Annual Report on Form 10-K:
- Financial Statements:
| Consolidated Balance Sheets as of December 31, 2025 and 2024 | 61 |
|---|---|
| Consolidated Statements of Operations and Comprehensive Loss for the years ended December 31, 2025, 2024, and 2023 | 62 |
| Consolidated Statements of Stockholders’ Equity for the years ended December 31, 2025, 2024, and 2023 | 63 |
| Consolidated Statements of Cash Flows for the years ended December 31, 2025, 2024, and 2023 | 64 |
| Notes to Consolidated Financial Statements | 66 |
- Financial Statement Schedule (Valuation and Qualifying Accounts) for the years ended December 31, 2025, 2024, and 2023:
| Schedule II—Valuation and Qualifying Accounts | 100 |
|---|
- Exhibits:
The documents listed below are filed (or furnished, as noted) as exhibits to this Annual Report on Form 10-K:
Exhibit Index
| Incorporation by Reference | |||||
|---|---|---|---|---|---|
| ExhibitNumber · Exhibit Description · Form · FileNumber · Exhibit/AppendixReference · Filing Date · FiledHerewith | |||||
| 2.1* | Asset Purchase Agreement, dated as of February 4, 2026, by and between SiTime Corporation and Renesas Electronics America Inc. | 8-K | 001-39135 | 2.1 | 2/4/2026 |
| 3.1 | Restated Certificate of Incorporation of SiTime Corporation | 8-K | 001-39135 | 3.1 | 11/26/2019 |
| 3.2 | Amended and Restated Bylaws of the Company | 8-K | 001-39135 | 3.2 | 6/29/2021 |
| 4.1 | Form of Common Stock Certificate of the Company | S-1 | 333-234305 | 4.1 | 10/23/2019 |
| 4.2 | Description of Securities Registered Pursuant to Section 12 of the Securities Exchange Act of 1934 | 10-K | 001-39135 | 4.2 | 2/16/2021 |
| 10.1+ | Form of Indemnification Agreement between the Company and its directors and officers | 10-K | 001-39135 | 10.1 | 2/16/2021 |
| 10.2+ | 2019 Stock Incentive Plan and Forms of Stock Option Agreement, Notice of Exercise, Stock Option Grant Notice, Restricted Stock Unit Agreement, and Restricted Stock Agreement thereunder | S-1 | 333-234305 | 10.2 | 10/23/2019 |
| 10.3+ | New Terms of Employment, dated October 21, 2014, between Rajesh Vashist and the Company | S-1 | 333-234305 | 10.3 | 10/23/2019 |
| 10.4+ | Amendment to Terms of Employment Letter, dated June 14, 2016, between Rajesh Vashist and the Company | S-1 | 333-234305 | 10.4 | 10/23/2019 |
| 10.5+ | Offer of Employment, dated September 24, 2019, between Arthur D. Chadwick and the Company | S-1 | 333-234305 | 10.5 | 10/23/2019 |
| 10.6+ | Offer of Employment, dated January 27, 2018, between Lionel Bonnot and the Company | S-1 | 333-234305 | 10.6 | 10/23/2019 |
| 10.7+ | New Terms of Employment, dated October 20, 2014, between Piyush B. Sevalia and the Company | S-1 | 333-234305 | 10.7 | 10/23/2019 |
| 10.8+ | Change of Control and Severance Agreement, between the Company and Rajesh Vashist | S-1 | 333-234305 | 10.8 | 10/23/2019 |
| 10.9+ | Form of Change of Control and Severance Agreement, between the Company and its Executives | S-1 | 333-234305 | 10.9 | 10/23/2019 | |
| 10.12 | Integration and Purchase Agreement, dated March 15, 2019, between the Company and MegaChips Corporation | S-1 | 333-234305 | 10.16 | 10/23/2019 | |
| 10.13 | Lease, dated April 15, 2016, between the Company and Batton Associates, LLC | S-1 | 333-234305 | 10.17 | 10/23/2019 | |
| 10.14* | License Agreement, dated August 1, 2018, between the Company and Robert Bosch LLC | S-1 | 333-234305 | 10.18 | 10/23/2019 | |
| 10.15* | Amended and Restated Manufacturing Agreement, dated February 23, 2017, between the Company and Robert Bosch LLC | S-1 | 333-234305 | 10.19 | 10/23/2019 | |
| 10.16* | Amendment No. 1 to Amended and Restated Manufacturing Agreement, dated August 1, 2018, between the Company and Robert Bosch LLC | S-1 | 333-234305 | 10.20 | 10/23/2019 | |
| 10.18* | Asset purchase agreement dated February 20, 2020, by and among MegaChips Taiwan Corporation and SiTime Corporation | 10-Q | 001-39135 | 10.2 | 5/7/2020 | |
| 10.19+ | Offer of Employment, dated June 5, 2020, between Vincent P. Pangrazio and SiTime Corporation | 8-K | 001-39135 | 10.1 | 6/9/2020 | |
| 10.20+ | Executive Bonus and Retention Plan | 10-Q | 001-39135 | 10.2 | 8/6/2020 | |
| 10.21* | Asset Purchase Agreement dated August 4, 2020, by and among MegaChips Corporation and SiTime Corporation | 10-Q | 001-39135 | 10.3 | 8/6/2020 | |
| 10.22+ | Offer of Employment dated November 16, 2020, between Fari Assaderaghi and SiTime Corporation | 10-K | 001-39135 | 10.22 | 2/16/2021 | |
| 10.23+ | Independent Director Compensation Policy | X | ||||
| 10.24+ | Letter Agreement dated April 1, 2021 between Christine Heckart and SiTime Corporation | 8-K | 001-39135 | 10.1 | 4/5/2021 | |
| 10.25+ | Offer of Employment dated October 31, 2023, between Elizabeth Howe and SiTime Corporation | 10-K | 001-39135 | 10.25 | 2/26/2024 | |
| 10.26+ | Retirement Agreement dated October 30, 2023, between Arthur Chadwick and SiTime Corporation | 10-K | 001-39135 | 10.26 | 2/26/2024 | |
| 10.27 | First Amendment to Lease, dated January 7, 2021, between Batton Associates, LLC and SiTime Corporation | 10-Q | 001-39135 | 10.1 | 11/4/2021 |
| 10.28+ | Letter Agreement, dated October 18, 2021, between Rajesh Vashist and SiTime Corporation | 10-K | 001-39135 | 10.28 | 2/25/2022 |
| 10.29+ | Amendment to Letter Agreement dated October 11, 2022, between Rajesh Vashist and SiTime Corporation | 10-K | 001-39145 | 10.29 | 2/27/2023 |
| 10.30+ | Second Amendment to Letter Agreement dated October 11, 2022, between Rajesh Vashist and SiTime Corporation | 10-K | 001-39135 | 10.30 | 2/26/2024 |
| 10.31+ | Third Amendment to Letter Agreement dated March 19, 2025, between Rajesh Vashist and SiTime Corporation | 10-Q | 001-39135 | 10.35 | 5/8/2025 |
| 10.32+ | SiTime Corporation Amended and Restated 2022 Inducement Award Plan and Form of Restricted Stock Unit Agreement | 10-K | 001-39135 | 10.31 | 2/14/2025 |
| 10.33 | Sales Agreement dated February 27, 2024 between SiTime Corporation and Stifel, Nicolaus & Company, Incorporated | 8-K | 001-39135 | 1.1 | 2/27/2024 |
| 10.34 | Master Framework Agreement, dated as of October 30, 2023, by and between SiTime Corporation, Ningbo Aura Semiconductor Co., Ltd., Aura Semiconductor Pvt. Ltd., Shaoxing Yuanfang Semiconductor Co Ltd., Aura Semiconductor Limited, and Aim Core Holdings Limited. | 8-K | 001-39135 | 10.1 | 11/1/2023 |
| 10.35+ | Offer of Employment dated April 21, 2015 between SiTime Corporation and Samsheer Ahmad | 10-K | 001-39135 | 10.34 | 2/26/2024 |
| 10.36 | Commitment Letter, dated as of February 4, 2026, by and among SiTime Corporation, Wells Fargo Securities, LLC and Wells Fargo Bank, National Association. | 8-K | 001-39135 | 10.1 | 2/4/2026 |
| 10.37+ | Letter Agreement, dated October 16, 2025, between SiTime Corporation and Mr. Ganesh Moorthy | 8-K | 001-39135 | 10.1 | 10/15/2025 |
| 10.38+ | Letter Agreement, dated January 21, 2026, between SiTime Corporation and Mr. Faraj Aalaei | 8-K | 001-39135 | 10.1 | 1/21/2026 |
| 19.1 | Insider Trading and Communications Policy | 10-Q | 001-39135 | 19.1 | 8/7/2025 |
| 21.1 · Subsidiaries of the Company · X | ||||||
|---|---|---|---|---|---|---|
| 23.1 · Consent of Deloitte & Touche LLP., Independent Registered Public Accounting Firm · X | ||||||
| 23.2 · Consent of BDO USA, P.C., Independent Registered Public Accounting Firm · X | ||||||
| 24.1 · Power of Attorney (see signature page hereto) · X | ||||||
| 31.1 · Certification of Principal Executive Officer Pursuant to Rules 13a-14(a) and 15d-14(a) under the Exchange Act, as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 · X | ||||||
| 31.2 · Certification of Principal Financial Officer Pursuant to Rules 13a-14(a) and 15d-14(a) under the Exchange Act, as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 · X | ||||||
| 32.1# · Certification of Principal Executive Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 · X | ||||||
| 32.2# · Certification of Principal Financial Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 · X | ||||||
| 97.1 | Incentive Compensation Recoupment Policy | 10-K | 001-39135 | 97.1 | 2/26/2024 | |
| 101.INS | XBRL Instance Document | X | ||||
| 101.SCH | XBRL Taxonomy Extension Schema Document | X | ||||
| 101.CAL | XBRL Taxonomy Extension Calculation Linkbase Document | X | ||||
| 101.DEF | XBRL Taxonomy Extension Definition Linkbase Document | X | ||||
| 101.LAB | XBRL Taxonomy Extension Label Linkbase Document | X | ||||
| 101.PRE | XBRL Taxonomy Extension Presentation Linkbase Document | X | ||||
All references in the table above to previously filed documents or descriptions are incorporating those documents and descriptions by reference thereto.
All references to documents filed as exhibits to periodic reports are to periodic reports of SiTime Corporation, SEC File No. 001-39135.
- Indicates a management contract or compensatory plan.
- Portions of this exhibit have been omitted in accordance with Item 601 of Regulation S-K.
In accordance with Item 601(b)(32)(ii) of Regulation S‑K and SEC Release No. 34‑47986, the certifications furnished in Exhibits 32.1 and 32.2 hereto are deemed to accompany this Form 10‑K and will not be deemed “filed” for purposes of
Section 18 of the Exchange Act or deemed to be incorporated by reference into any filing under the Exchange Act or the Securities Act of 1933 except to the extent that the Company specifically incorporates it by reference.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.