SITIME Corp
For the period ended Sep 30, 2026. Filed Nov 5, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 5, 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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Condensed Consolidated Statements of Cash Flows
(In thousands)
| Nine Months Ended September 30, | ||
|---|---|---|
| 2026 | 2025 | |
| Cash flows from operating activities: | ||
| Net income (loss) | $17,292 | $(52,070) |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities | ||
| Depreciation and amortization expense | 95,188 | 28,758 |
| Stock-based compensation expense | 96,813 | 79,128 |
| Net change in unrealized interest on held to maturity securities | 7,818 | (3,191) |
| Change in fair value of sales-based earnout liability | 372 | 2,492 |
| Accretion of acquisition consideration payable | — | 1,068 |
| Inventory write-down | 5,846 | 3,882 |
| Amortization of inventory step-up costs | 3,020 | — |
| Amortization of financing related transaction costs | 7,023 | — |
| Changes in assets and liabilities: | ||
| Accounts receivable, net | (157,840) | 15,705 |
| Inventories | (33,340) | (14,305) |
| Prepaid expenses and other assets | (8,665) | (3,371) |
| Accounts payable | 12,257 | 1,850 |
| Accrued expenses and other liabilities | 18,623 | 1,832 |
| Net cash provided by operating activities | 64,407 | 61,778 |
| Cash flows from investing activities | ||
| Purchase of securities | (133,579) | (929,421) |
| Proceeds from maturity of securities | 897,409 | 562,874 |
| Acquisition of business | (1,499,259) | — |
| Purchase of property and equipment | (35,959) | (39,639) |
| Purchase of intangibles | (1,610) | (208) |
| Net cash used in investing activities | (772,998) | (406,394) |
| Cash flows from financing activities | ||
| Proceeds from issuance of convertible senior notes | 1,350,000 | — |
| Payments for capped call transactions | (121,500) | — |
| Payments for debt financing costs | (39,576) | — |
| Proceeds from issuance of common stock | — | 433,091 |
| Payments for offering costs | — | (16,059) |
| Tax withholding paid on behalf of employees for net share settlement | (160,979) | (41,269) |
| Payment of contingent consideration towards earnouts | (11,763) | (9,143) |
| Payment of deferred acquisition consideration payable | — | (1,000) |
| Net cash provided by financing activities | 1,016,182 | 365,620 |
| Net increase in cash and cash equivalents | 307,591 | 21,004 |
| Cash and cash equivalents | ||
| Beginning of period | 16,759 | 6,106 |
| End of period | $324,350 | $27,110 |
| Supplemental disclosure of cash flow information | ||
| Income taxes paid | 332 | 177 |
| Supplemental disclosure of noncash investing and financing activities | ||
| Liabilities recorded for property, plant and equipment, net | 3,561 | 3,076 |
| Right-of-use assets acquired under operating leases | 13,831 | 405 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.