Filing Flows › Sitime (SITM) › Q1 2025
Sitime (SITM) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Sitime (SITM) reported revenue of $60.3M for the first quarter 2025 (Q1 2025), +83% from a year earlier and -11% from the quarter before. Operating margin was -46.6%, net loss $23.9M (39.6% of revenue).
Sitime, Q1 2025: revenue $60.3M (+83% year over year), operating margin -46.6%, net loss $23.9M, operating cash flow $15.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $60.3M | -11% | +83% |
| Operating profit | −$28.1M | — | — |
| Net earnings | −$23.9M | — | — |
| Operating cash flow | $15.0M | +11% | +770% |
What changed
Revenue was $60.3M in Q1 2025, up 83% year over year and down 11% from the previous quarter.
Gross margin was 50.3%, down 3.2 points from a year earlier. Operating costs exceeded revenue by $28.1M, an operating margin of -46.6%. Operating expenses grew 11% against revenue growth of 83%. The fastest-growing cost line was Research & development (+18%). The quarter ended with a net loss of $23.9M, wider than the previous quarter's $18.8M loss.
Operating cash flow was $15.0M (up 770% year over year). Non-cash charges added back $9.0M of depreciation and amortization and $25.0M of share-based compensation. Working capital and other items added $4.8M. Capital expenditures of $16.3M exceeded it, leaving free cash flow of −$1.3M.
Questions
What was Sitime's revenue in the first quarter 2025?
Sitime (SITM) reported revenue of $60.3M for the first quarter 2025 (Q1 2025), +83% from a year earlier and -11% from the quarter before.
Was Sitime profitable in the first quarter 2025?
Operating loss was $28.1M (-46.6% of revenue) and net loss $23.9M.
Source: Sitime 10-Q on SEC EDGAR.