NASDAQ$SILC

Silicom Ltd · Q1 2025 earnings

Q1 2025 earnings · · Before market open · Investor relations

Briefing

Silicom reported flat revenues year-over-year but slightly reduced its net loss compared to the prior year.

Silicom maintained steady revenue in Q1 2025 but continued to post a net loss, though improved from Q1 2024. Strong Design Win momentum positions the company for accelerated growth starting in 2026.

  • Revenue remained flat at $14.4M compared to Q1 2024.
  • Net loss improved to $2.8M from $3.4M last year.
  • Non-GAAP net loss was $2.1M, showing slight improvement.
  • Secured 3 new Design Wins with existing major customers.

Headline financials

Total Revenue

$14.4M

Previous: $14.4M+0.1%
EPS (adj)

-$0.37

Previous: -$0.38+2.6%
GAAP Net Loss

-$2.81M

No prior period
Non-GAAP Net Loss

-$2.1M

No prior period
GAAP Gross Profit

$4.28M

No prior period
Net Income

-$2.81M

Previous: -$3.43M+18.2%
Operating Income

-$3.22M

Previous: -$3.46M+7.2%
Gross Profit

$4.28M

Previous: $4.04M+5.8%

Revenue & EPS history

Silicom · Revenue · Quarterly

$14.4M

Q1 2025+0.1%vs Q1 2024
Beat estimate in 7 of 14 quarters(50%)
ActualEstimate

Forward guidance

Silicom expects low single-digit revenue growth in 2025 with double-digit growth starting in 2026.

Tailwinds

  • Projected revenue growth beginning 2026.
  • Increasing Design Win momentum.
  • Broader product range adoption by key customers.
  • Recurring revenues from existing customer expansion.
  • Expected EPS over $3 with revenue between $150M-$160M in future.

Headwinds

  • Flat revenue growth anticipated in 2025.
  • Continued net losses in the near-term.
  • Dependence on a limited number of customers.
  • Macroeconomic and geopolitical risks.
  • Ramp-up of pipeline deals may take longer than expected.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

-0.2%

Avg return

Earnings day

+0.2%

Avg return

5 days after

+0.2%

Avg return

30 days after

45%

30 / 66 earnings

Positive

+31.2%

Q4 2013

Best reaction

-32.4%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-4.5%+9.2%+4.2%
Q4 2025+28.8%+44.8%+51.4%
Q3 2025-15.0%-13.7%-19.3%
Q2 2025+6.6%+4.0%+7.1%
Q1 2025+7.0%+8.6%+12.5%
Q4 2024-3.6%-5.3%-9.6%
Q3 2024+1.1%+8.4%-3.5%
Q2 2024-19.3%-25.8%-19.3%
Q1 2024+2.7%+9.1%+0.0%
Q4 2023-0.1%-3.4%-11.3%
Q3 2023-32.4%-31.7%-23.9%
Q2 2023-27.0%-30.8%-31.1%
Q1 2023+0.4%-1.7%+5.3%
Q4 2022-11.4%-16.9%-20.8%
Q3 2022+7.8%+8.0%+14.8%
Q2 2022+5.9%+2.9%+5.3%
Q1 2022-4.3%+3.3%+0.8%
Q4 2021-4.1%+1.5%-5.1%
Q3 2021-2.2%+8.8%+4.1%
Q2 2021+3.5%+1.7%+2.6%
Q1 2021-2.8%-6.2%-6.9%
Q4 2020-0.8%-2.1%+14.3%
Q3 2020+5.4%+4.0%+10.0%
Q2 2020+0.6%-5.8%-2.2%
Q1 2020+3.9%+5.2%+13.6%
Q4 2019-1.5%-4.0%-13.8%
Q3 2019-0.9%-1.2%-2.6%
Q2 2019+3.5%+7.0%-0.6%
Q1 2019-21.3%-16.3%-23.1%
Q4 2018+16.0%+17.8%+26.2%
Q3 2018+10.0%+9.3%-6.4%
Q2 2018+9.3%+6.3%+4.3%
Q1 2018+14.1%+8.1%+10.1%
Q4 2017-16.3%-13.6%-16.2%
Q3 2017-1.9%+2.2%+6.7%
Q2 2017+8.2%+3.1%+2.7%
Q1 2017+13.7%+12.5%+6.6%
Q4 2016-6.2%-5.8%-0.9%
Q3 2016-14.7%-11.0%-3.6%
Q2 2016+15.7%+15.8%+24.3%
Q1 2016-15.6%
Q4 2015-2.4%
Q3 2015-6.3%
Q2 2015-2.8%
Q1 2015-15.8%
Q4 2014+28.8%
Q3 2014+0.2%
Q2 2014-25.1%
Q1 2014+0.4%
Q4 2013+31.2%
Q3 2013-0.3%
Q2 2013-13.5%
Q1 2013-0.2%
Q4 2012+25.7%
Q3 2012+2.0%
Q2 2012+3.8%
Q1 2012-0.1%
Q4 2011-0.3%
Q4 2009-0.3%
Q4 2010-0.3%
Q3 2011-0.4%
Q2 2011-1.1%
Q1 2011+1.6%
Q3 2010+6.2%
Q2 2010+1.8%
Q1 2010-1.5%

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