Recent News
On November 5, 2025 SiTime reported third-quarter 2025 revenue of $83.6 million and GAAP net loss of $8.0 million, with management citing AI-driven demand and projecting continued rapid growth. Recent coverage in late January 2026 highlighted strong share gains and analyst optimism tied to AI data‑center adoption and upgraded estimates for upcoming quarters.
Technical Analysis
Directional indicators show bullish bias: DI+ at 25.61 and increasing signals buying pressure, while DI- peaked and has reversed downward, reinforcing the directional advantage for buyers. ADX at 21.01 registers an emerging trend strength, supporting a constructive near-term price bias rather than a fully established trend.
MACD reads 4.15 with a signal line at 4.65. The MACD recently dipped then reversed upward, signaling returning bullish momentum, but the MACD remains below its signal line, so momentum confirmation requires a crossover to strengthen the case for follow-through.
MRO stands at 20.67 and registers positive territory, which indicates the current price sits above WMDST’s internal target and therefore carries potential pressure to correct; the MRO’s recent dip-and-reversal points to renewed upward momentum while that over-target condition persists.
RSI at 54.99 reversed higher from a dip, indicating momentum shifted back toward buyers without reaching overbought extremes; that supports limited upside continuation while keeping volatility in view.
Price sits at $363.11, above the 20‑day average ($357.80), the 50‑day average ($343.58), and well above the 200‑day average ($258.98), signaling both short‑term and structural strength. Price remains below the 1x upper Bollinger band ($369.53) and below the SuperTrend upper boundary ($379.66), leaving measurable upside to consensus targets while maintaining nearby resistance levels to monitor.
Fundamental Analysis
Revenue and margins: total revenue $83,567,000; QoQ revenue growth +33.06% and YoY revenue change −35.78% per the provided metrics. Gross margin stands at 53.51%, showing product-level profitability despite negative operating margins.
Profitability and earnings: operating income (EBIT) at $-15,895,000 produces an operating margin of -19.02%. WMDST notes the operating margin falls well below the industry peer mean operating margin of 23.97% and below the industry peer median of 26.48%, indicating current operating losses relative to typical peers. EPS arrived at $0.87 versus an estimate of $0.71, yielding an EPS surprise of +22.54% and signaling near-term earnings execution above consensus expectations.
Cash, liquidity, and leverage: cash and short‑term investments total $809,575,000, current ratio 8.42, quick ratio 7.64, and cash ratio 7.31. Total debt remains minimal at $4,435,000, producing a debt‑to‑assets ratio around 0.35%. Strong liquidity provides runway to fund growth initiatives and absorb operating losses without near‑term financing pressure.
Cash flow and free cash: operating cash flow $31,402,000 and free cash flow $26,264,000 produce a free cash flow yield of roughly 0.38%. Free cash growth shows contraction year-over-year per the supplied metric, signaling caution on free-cash momentum despite positive absolute free cash.
Valuation and multiples: price‑to‑book about 6.31x, above the industry peer mean book multiple of 4.77x. Forward EPS sits near $1.08 with a forward P/E around 666x per the provided figure, reflecting elevated multiples tied to consensus forward expectations and low trailing profitability. WMDST values the stock as under-valued, but that valuation sits against high market expectations and compressed near‑term free‑cash growth metrics.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2025-09-30 |
| REPORT DATE: | 2025-11-05 |
| NEXT REPORT DATE: | 2026-02-04 |
| CASH FLOW | Begin Period Cash Flow | $ 172.5 M |
| Operating Cash Flow | $ 31.4 M | |
| Capital Expenditures | $ -5.14 M | |
| Change In Working Capital | $ 5.0 M | |
| Dividends Paid | — | |
| Cash Flow Delta | $ -145.41 M | |
| End Period Cash Flow | $ 27.1 M | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 83.6 M | |
| Forward Revenue | $ -73.31 M | |
| COSTS | ||
| Cost Of Revenue | $ 38.9 M | |
| Depreciation | $ 9.9 M | |
| Depreciation and Amortization | $ 9.9 M | |
| Research and Development | $ 30.0 M | |
| Total Operating Expenses | $ 99.5 M | |
| PROFITABILITY | ||
| Gross Profit | $ 44.7 M | |
| EBITDA | $ -5.95 M | |
| EBIT | $ -15.89 M | |
| Operating Income | $ -15.89 M | |
| Interest Income | $ 8.3 M | |
| Interest Expense | — | |
| Net Interest Income | $ 8.3 M | |
| Income Before Tax | $ -7.90 M | |
| Tax Provision | $ 111.0 K | |
| Tax Rate | 21.0 % | |
| Net Income | $ -8.01 M | |
| Net Income From Continuing Operations | $ -8.01 M | |
| EARNINGS | ||
| EPS Estimate | $ 0.71 | |
| EPS Actual | $ 0.87 | |
| EPS Difference | $ 0.16 | |
| EPS Surprise | 22.535 % | |
| Forward EPS | $ 1.08 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 1.3 B | |
| Intangible Assets | $ 239.2 M | |
| Net Tangible Assets | $ 864.2 M | |
| Total Current Assets | $ 932.0 M | |
| Cash and Short-Term Investments | $ 809.6 M | |
| Cash | $ 27.1 M | |
| Net Receivables | $ 22.5 M | |
| Inventory | $ 86.7 M | |
| Long-Term Investments | $ 1.7 M | |
| LIABILITIES | ||
| Accounts Payable | $ 18.9 M | |
| Short-Term Debt | — | |
| Total Current Liabilities | $ 110.7 M | |
| Net Debt | — | |
| Total Debt | $ 4.4 M | |
| Total Liabilities | $ 173.6 M | |
| EQUITY | ||
| Total Equity | $ 1.1 B | |
| Retained Earnings | $ -234.07 M | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 42.27 | |
| Shares Outstanding | 26.101 M | |
| Revenue Per-Share | $ 3.20 | |
| VALUATION | Market Capitalization | $ 7.0 B |
| Enterprise Value | $ 6.2 B | |
| Enterprise Multiple | -1034.925 | |
| Enterprise Multiple QoQ | 185.389 % | |
| Enterprise Multiple YoY | 344.265 % | |
| Enterprise Multiple IPRWA | high: 293.321 mean: 66.012 median: 51.945 low: -162.64 SITM: -1034.925 |
|
| EV/R | 73.699 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 1.157 | |
| Asset To Liability | 7.356 | |
| Debt To Capital | 0.004 | |
| Debt To Assets | 0.003 | |
| Debt To Assets QoQ | -15.981 % | |
| Debt To Assets YoY | -54.04 % | |
| Debt To Assets IPRWA | high: 0.433 mean: 0.2 median: 0.183 low: 0.004 SITM: 0.003 |
|
| Debt To Equity | 0.004 | |
| Debt To Equity QoQ | -15.723 % | |
| Debt To Equity YoY | -57.773 % | |
| Debt To Equity IPRWA | high: 1.097 mean: 0.4 median: 0.255 SITM: 0.004 low: -0.22 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 6.311 | |
| Price To Book QoQ | 26.491 % | |
| Price To Book YoY | 15.632 % | |
| Price To Book IPRWA | high: 12.251 SITM: 6.311 mean: 4.768 median: 3.368 low: -2.43 |
|
| Price To Earnings (P/E) | -860.674 | |
| Price To Earnings QoQ | -303.409 % | |
| Price To Earnings YoY | -311.645 % | |
| Price To Earnings IPRWA | high: 502.775 mean: 86.131 median: 42.881 low: -318.395 SITM: -860.674 |
|
| PE/G Ratio | 5.186 | |
| Price To Sales (P/S) | 83.334 | |
| Price To Sales QoQ | 5.45 % | |
| Price To Sales YoY | 26.527 % | |
| Price To Sales IPRWA | high: 88.578 SITM: 83.334 mean: 22.548 median: 15.777 low: 0.296 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 666.446 | |
| Forward PE/G | -4.016 | |
| Forward P/S | -282.336 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | -1.486 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.066 | |
| Asset Turnover Ratio QoQ | 1.125 % | |
| Asset Turnover Ratio YoY | -0.091 % | |
| Asset Turnover Ratio IPRWA | high: 0.269 mean: 0.153 median: 0.133 SITM: 0.066 low: 0.003 |
|
| Receivables Turnover | 3.385 | |
| Receivables Turnover Ratio QoQ | 33.915 % | |
| Receivables Turnover Ratio YoY | 50.089 % | |
| Receivables Turnover Ratio IPRWA | high: 4.033 SITM: 3.385 mean: 2.392 median: 1.847 low: 0.657 |
|
| Inventory Turnover | 0.455 | |
| Inventory Turnover Ratio QoQ | 13.376 % | |
| Inventory Turnover Ratio YoY | 14.898 % | |
| Inventory Turnover Ratio IPRWA | high: 1.626 mean: 0.738 median: 0.724 SITM: 0.455 low: 0.139 |
|
| Days Sales Outstanding (DSO) | 26.954 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | 216.502 | |
| Cash Conversion Cycle Days QoQ | -6.809 % | |
| Cash Conversion Cycle Days YoY | -18.471 % | |
| Cash Conversion Cycle Days IPRWA | high: 349.652 SITM: 216.502 median: 132.081 mean: 122.834 low: -5.982 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | 0.102 | |
| CapEx To Revenue | -0.061 | |
| CapEx To Depreciation | -0.517 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 1.1 B | |
| Net Invested Capital | $ 1.1 B | |
| Invested Capital | $ 1.1 B | |
| Net Tangible Assets | $ 864.2 M | |
| Net Working Capital | $ 821.3 M | |
| LIQUIDITY | ||
| Cash Ratio | 7.315 | |
| Current Ratio | 8.421 | |
| Current Ratio QoQ | -1.449 % | |
| Current Ratio YoY | 46.46 % | |
| Current Ratio IPRWA | high: 11.609 SITM: 8.421 mean: 3.151 median: 2.73 low: 0.406 |
|
| Quick Ratio | 7.637 | |
| Quick Ratio QoQ | -1.614 % | |
| Quick Ratio YoY | 52.977 % | |
| Quick Ratio IPRWA | high: 11.013 SITM: 7.637 mean: 2.406 median: 2.091 low: 0.573 |
|
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | -0.745 | |
| Cost Of Debt | 93.511 % | |
| Interest Coverage Ratio | -2.774 | |
| Interest Coverage Ratio QoQ | -30.098 % | |
| Interest Coverage Ratio YoY | -28.98 % | |
| Interest Coverage Ratio IPRWA | high: 236.673 mean: 21.971 median: 10.787 SITM: -2.774 low: -297.123 |
|
| Operating Cash Flow Ratio | 0.086 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 43.569 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | — | |
| Dividend Payout Ratio | — | |
| Dividend Rate | — | |
| Dividend Yield | — | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | 0.62 % | |
| Revenue Growth | 20.251 % | |
| Revenue Growth QoQ | 33.055 % | |
| Revenue Growth YoY | -35.776 % | |
| Revenue Growth IPRWA | high: 55.53 % SITM: 20.251 % mean: 12.631 % median: 9.101 % low: -25.075 % |
|
| Earnings Growth | -165.957 % | |
| Earnings Growth QoQ | -305.471 % | |
| Earnings Growth YoY | -171.125 % | |
| Earnings Growth IPRWA | high: 166.667 % mean: 24.296 % median: 8.303 % SITM: -165.957 % low: -242.857 % |
|
| MARGINS | ||
| Gross Margin | 53.51 % | |
| Gross Margin QoQ | 3.146 % | |
| Gross Margin YoY | 4.776 % | |
| Gross Margin IPRWA | high: 93.827 % SITM: 53.51 % median: 52.062 % mean: 48.677 % low: -39.177 % |
|
| EBIT Margin | -19.021 % | |
| EBIT Margin QoQ | -41.869 % | |
| EBIT Margin YoY | -50.964 % | |
| EBIT Margin IPRWA | high: 78.707 % median: 26.477 % mean: 23.972 % SITM: -19.021 % low: -193.1 % |
|
| Return On Sales (ROS) | -19.021 % | |
| Return On Sales QoQ | -41.869 % | |
| Return On Sales YoY | -50.964 % | |
| Return On Sales IPRWA | high: 57.635 % mean: 22.891 % median: 12.783 % SITM: -19.021 % low: -193.544 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 26.3 M | |
| Free Cash Flow Yield | 0.377 % | |
| Free Cash Flow Yield QoQ | -811.321 % | |
| Free Cash Flow Yield YoY | -308.287 % | |
| Free Cash Flow Yield IPRWA | high: 2.53 % mean: 0.952 % median: 0.946 % SITM: 0.377 % low: -16.343 % |
|
| Free Cash Growth | -997.915 % | |
| Free Cash Growth QoQ | -1026.217 % | |
| Free Cash Growth YoY | -780.873 % | |
| Free Cash Growth IPRWA | high: 384.007 % mean: 35.276 % median: 8.778 % low: -123.697 % SITM: -997.915 % |
|
| Free Cash To Net Income | -3.277 | |
| Cash Flow Margin | 11.349 % | |
| Cash Flow To Earnings | -1.183 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.04 | |
| Return On Assets (ROA) | -0.63 % | |
| Return On Assets QoQ | -66.578 % | |
| Return On Assets YoY | -71.351 % | |
| Return On Assets IPRWA | high: 7.396 % median: 0.578 % mean: 0.234 % SITM: -0.63 % low: -20.562 % |
|
| Return On Capital Employed (ROCE) | -1.363 % | |
| Return On Equity (ROE) | -0.007 | |
| Return On Equity QoQ | -60.393 % | |
| Return On Equity YoY | -73.828 % | |
| Return On Equity IPRWA | high: 0.185 median: 0.008 SITM: -0.007 mean: -0.013 low: -0.336 |
|
| DuPont ROE | -0.727 % | |
| Return On Invested Capital (ROIC) | -1.138 % | |
| Return On Invested Capital QoQ | -30.27 % | |
| Return On Invested Capital YoY | -127.561 % | |
| Return On Invested Capital IPRWA | high: 20.288 % mean: 4.016 % median: 3.769 % SITM: -1.138 % low: -12.969 % |
|