SITIME CorpSITM

NasdaqTechnologySemiconductors & Related Devices
Price (close)
$643.24
Market cap
$19.3B
P/E
1372.6x
Revenue (TTM)
$467.9M
Net income
$14.1M
Dividend yield
—
1-year total return
118.5%
Net margin
3.0%
Revenue growth
83.0%
Debt / equity
—

What SITIME Corp does.

The ability to accurately measure and reference time has been essential to humankind’s greatest inventions and technological advances. Timing technology has continued to evolve over centuries, underpinning broader technological evolution and is the heartbeat of digital electronic systems. Timing ensures that the system runs smoothly and reliably by providing and distributing clock signals to various critical components such as central processing units, communication and interface ICs, and radio frequency components. As electronics evolve to deliver higher performance, connectivity, and intelligence, even in increasingly challenging environments, while also being more complex and size-constrained, we believe they will require more sophisticated semiconductor-based timing solutions that cannot be developed in legacy quartz crystal-based technologies. Precision timing, a category that SiTime created ("Precision Timing") fills this need with the performance, resilience, reliability, power, size, and cost that is required by these applications.

We are a leading provider of Precision Timing solutions to the global electronics industry. Our Precision Timing products are the heartbeat of our customers’ electronic systems, providing the timing functionality that is needed for electronics to operate reliably and accurately. We provide Precision Timing solutions that are differentiated by high performance, high resilience, and high reliability, along with programmability, small size, and low power consumption. Our products have been designed into over 400 applications across our target markets, including artificial intelligence ("AI") systems, datacenter, communications, enterprise, automotive, industrial, aerospace, defense, mobile, Internet of Things (“IoT”), and consumer. Our current solutions include various types of oscillators, as well as clock integrated circuits (“ICs”), resonators, and synchronization software.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$116.2M$218.8M$283.6M$144.0M$202.7M$326.7M
Net income-$9.4M$32.3M$23.3M-$80.5M-$93.6M-$42.9M
Free cash flow$10.5M$28.2M$8.0M-$889,000-$13.0M$35.1M

More on SITM.

Figures from SITIME Corp's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.