NASDAQ$SILC

Silicom Ltd · Q3 2025 earnings

Q3 2025 earnings · · Before market open · Investor relations

Briefing

Silicom Q3 revenue $15.6M (+6% YoY) with eight design wins YTD and non-GAAP loss $0.36/share

Silicom reported Q3 2025 revenue of $15.6 million, up 6% from $14.8 million in Q3 2024 and within the upper half of management's guidance range. On a GAAP basis, net loss was $2.8 million ($0.49 per share) versus a $2.6 million loss ($0.44 per share) a year ago. Non-GAAP net loss narrowed slightly to $2.1 million ($0.36 per share) from $1.7 million ($0.28 per share). The company secured three design wins in Q3, bringing the 2025 total to eight—surpassing the lower end of its 7–9 annual target. North America accounted for 75% of trailing-twelve-month revenue. Cash, deposits and marketable securities totaled approximately $114 million (~$20 per share) with no debt. Management reaffirmed 2025 revenue guidance of $15–16 million and projects double-digit growth in 2026, targeting EPS above $3 on $150–160 million annual revenue.

  • Q3 revenue $15.6M (+6% YoY), upper half of guidance range
  • GAAP net loss $2.8M ($0.49 EPS); non-GAAP loss $2.1M ($0.36 EPS)
  • Eight design wins in 2025 YTD, near upper end of 7–9 annual target
  • Cash and marketable securities ~$114M (~$20/share), no debt
  • 2025 revenue guide $15–16M; targeting double-digit growth in 2026

Headline financials

Total Revenue

$15.6M

Previous: $14.8M+5.7%
EPS (adj)

-$0.36

Previous: -$0.28-28.6%
Design Wins YTD

8

No prior period
North America Revenue Share (TTM)

75.0%

No prior period
Cash and Securities per Share

$20.00

No prior period
Net Income

-$2.8M

No prior period
Cash & Equivalents

$76M

No prior period

Revenue & EPS history

Silicom · Revenue · Quarterly

$15.6M

Q3 2025+5.7%vs Q3 2024
Beat estimate in 7 of 14 quarters(50%)
ActualEstimate

Forward guidance

Management expects 2025 revenue of $15–16 million and double-digit revenue growth in 2026 and beyond, with a long-term target of EPS above $3 on annual revenue of $150–160 million.

Tailwinds

  • Strong design-win momentum with eight wins YTD near annual target
  • Fortress balance sheet with ~$114M in cash and marketable securities

Headwinds

  • Continued GAAP and non-GAAP losses as company invests in growth platform

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 Q3 2025

Historical avgQ3 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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