NASDAQ$SILC

Silicom Ltd · Q4 2025 earnings

Q4 2025 earnings · · Before market open · Investor relations

Briefing

Silicom reported better-than-projected growth for 2025 as a whole, with on-track Design Win momentum and 17% year-over-year growth for the fourth quarter.

Silicom Ltd. reported a 17% increase in fourth-quarter revenues to $16.9 million, up from $14.5 million in the prior year. The company's GAAP net loss for the quarter was $2.5 million, or $0.44 per ordinary share, a significant improvement from the $6.1 million loss in Q4 2024. Non-GAAP net loss also improved to $1.9 million, or $0.34 per share.

  • Fourth-quarter 2025 revenues increased by 17% year-over-year to $16.9 million.
  • GAAP net loss for Q4 2025 improved to $2.5 million ($0.44 per share) from $6.1 million ($1.05 per share) in Q4 2024.
  • Non-GAAP net loss for Q4 2025 was $1.9 million ($0.34 per share), an improvement from $5.1 million ($0.87 per share) in Q4 2024.
  • The company achieved 8 new Design Wins during the year and expects 7-9 new Design Wins in the year ahead with double-digit growth.

Headline financials

Total Revenue

$16.9M

Previous: $14.5M+16.6%
EPS (adj)

-$0.34

Previous: -$0.58+41.4%
GAAP Net Loss

-$2.53M

No prior period
Non-GAAP Net Loss

-$1.93M

No prior period
GAAP Gross Profit

$5.04M

No prior period
GAAP Operating Income (Loss)

-$2.81M

No prior period
Non-GAAP Operating Income (Loss)

-$2.36M

No prior period
Net Income

-$2.53M

Previous: -$4.4M+42.4%
Operating Income

-$2.81M

Previous: -$3.58M+21.5%
Gross Profit

$5.04M

No prior period

Revenue & EPS history

Silicom · Revenue · Quarterly

$16.9M

Q4 2025+16.6%vs Q4 2024
Beat estimate in 7 of 14 quarters(50%)
ActualEstimate

Forward guidance

Management projects revenues for the first quarter of 2026 to range from $16.5 million to $17.5 million, representing an 18% year-over-year growth at the mid-range, affirming expectations of double-digit annual growth in 2026.

Tailwinds

  • Projected Q1 2026 revenues of $16.5 million to $17.5 million.
  • Represents 18% year-over-year growth in the mid-range of guidance.
  • Affirms expectation of generating double-digit annual growth in 2026.
  • Anticipates 7-9 new Design Wins in the year ahead.
  • Strong positioning in emerging markets like AI Inference, Post-Quantum Cryptography, and White-Label Switching.

Headwinds

  • No specific negative guidance was provided in the report.
  • The company's increasing dependence for substantial revenue growth on a limited number of customers.
  • Difficulty in commercializing and marketing of Silicom's products and services.
  • Impact of global economic uncertainty on customer demand.
  • Risks associated with competition and disruptions to manufacturing and sales activities.

Historical earnings impact

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

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

-0.2%

Avg return

Earnings day

+0.2%

Avg return

5 days after

-1.3%

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%+8.3%
Q4 2025+28.8%+46.1%
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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