Short answer
SITIME Corp (SITM) filed its Q1 2026 10-Q quarterly report on May 7, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $114M (up 88.3% year over year) with net income of −$5M.
Q1 2026 key financials · XBRL
- Revenue
- $114M
- +88.3% YoY
- Net income
- −$5M
- +78.2% YoY
- Operating margin
- -10.9%
- Gross margin
- 59.0%
- EPS (diluted)
- −$0.20
- +80.2% YoY
Source: XBRL data from the SITIME Corp (SITM) Q1 2026 10-Q on SEC EDGAR. USD.
SITIME Corp Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $113.6M, up 88% YoY from $60.3M, driven by AI and datacenter demand
- Gross margin 59.0% vs 50.3% YoY, with gross profit $67.0M vs $30.3M
- Operating expenses $79.3M, up 36% YoY, including $7.6M acquisition-related costs
- Cash $498.5M vs $16.8M at December 31, 2025; short-term investments $290.2M vs $791.6M
- Operating cash flow $31.2M vs $15.0M; $900.0M bridge facility committed for Renesas timing-business acquisition
Risk Factors
- Newly emphasized trade-policy risk triggered by substantial new tariffs and restrictive measures, raising costs and compliance exposure
- Customer concentration risk: top three distributors represented 66% of revenue in Q1 2026 versus 64% in Q1 2025
- Regulatory risk from evolving tariff rules, including potential fines, lawsuits, investigations, and civil or criminal enforcement
- Supply-chain risk: Bosch, TSMC, UMC, and Teledyne remain primary wafer suppliers, limiting sourcing flexibility
- International exposure: 93% of revenue came from distributors with non-U.S. ship-to locations in Q1 2026
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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