Silicon Laboratories Inc., a fabless semiconductor company, provides mixed-signal analog intensive products in the United States, China, Taiwan, and internationally. Its products are used in various electronic products in a range of applications for the industrial Internet of Things (IoT), including connected home and security, industrial automation and control, smart metering and agriculture, smart street lighting, renewable energy, electric vehicle supply equipment, industrial wearables and equipment, commercial building automation, consumer electronics, asset tracking, and medical instrumentation; and commercial IoT applications, including smart buildings and lighting, access controls, asset tracking, electronic shelf labels, theft protection, power tools, and enterprise access points. The company's smart home applications comprise smart home cameras, locks, gateways, residential lighting, window shades/blinds, heating, ventilation, air conditioning, switches, smoke/CO detectors, sensors, and home security panels; and connected health applications, including diabetes management, consumer health and fitness, elderly care, patient monitoring, and activity tracking, as well as provides wireless microcontrollers products. It sells its products through its direct sales force, as well as a network of independent sales representatives and distributors. The company was founded in 1996 and is headquartered in Austin, Texas.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $785M | $-19M | $-65M | $66M | -5.9% | 34.3% | -66.0% |
| 2024 | $584M | $-105M | $-191M | $-26M | -17.7% | -25.3% | 453.4% |
| 2023 | $782M | $46M | $-35M | $-53M | -2.9% | -23.6% | -137.8% |
| 2022 | $1.0B | $190M | $91M | $45M | 6.5% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 1,024.11 | 782.26 | 584.39 | 784.76 |
| Operating Revenue | - | 1,024.11 | 782.26 | 584.39 | 784.76 |
| Cost Of Revenue | - | 381.55 | 321.67 | 272.20 | 327.78 |
| Gross Profit | - | 642.56 | 460.59 | 312.19 | 456.98 |
| Operating Expense | - | 523.30 | 484.74 | 477.68 | 527.52 |
| Research And Development | - | 332.33 | 337.74 | 332.22 | 353.25 |
| Selling General And Administration | - | 190.97 | 147 | 145.45 | 174.28 |
| Total Expenses | - | 904.85 | 806.41 | 749.88 | 855.30 |
| Operating Income | - | 119.26 | -24.15 | -165.49 | -70.54 |
| Total Operating Income As Reported | - | 119.26 | -24.15 | -165.49 | -70.54 |
| EBITDA | - | 189.77 | 46.09 | -104.92 | -18.85 |
| Normalized EBITDA | - | 189.77 | 46.09 | -104.92 | -18.85 |
| EBIT | - | 133.18 | -4.99 | -153.50 | -56.94 |
| Interest Income | - | 13.92 | 19.16 | 11.99 | 13.60 |
| Interest Expense | - | 6.72 | 5.55 | 1.31 | 0.98 |
| Net Interest Income | - | 7.19 | 13.61 | 10.68 | 12.63 |
| Interest Income Non Operating | - | 13.92 | 19.16 | 11.99 | 13.60 |
| Interest Expense Non Operating | - | 6.72 | 5.55 | 1.31 | 0.98 |
| Net Non Operating Interest Income Expense | - | 7.19 | 13.61 | 10.68 | 12.63 |
| Pretax Income | - | 126.45 | -10.54 | -154.81 | -57.91 |
| Tax Provision | - | 38.45 | 7.94 | 36.20 | 7 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | 91.40 | -34.52 | -191.01 | -64.91 |
| Net Income From Continuing And Discontinued Operation | - | 91.40 | -34.52 | -191.01 | -64.91 |
| Net Income From Continuing Operation Net Minority Interest | - | 91.40 | -34.52 | -191.01 | -64.91 |
| Net Income | - | 91.40 | -34.52 | -191.01 | -64.91 |
| Net Income Common Stockholders | - | 91.40 | -34.52 | -191.01 | -64.91 |
| Net Income Including Noncontrolling Interests | - | 91.40 | -34.52 | -191.01 | -64.91 |
| Normalized Income | - | 91.40 | -34.52 | -191.01 | -64.91 |
| Diluted NI Availto Com Stockholders | - | 91.40 | -34.52 | -191.01 | -64.91 |
| Basic Average Shares | - | 35.09 | 31.80 | 32.19 | 32.72 |
| Diluted Average Shares | - | 36.04 | 31.80 | 32.19 | 32.72 |
| Reconciled Depreciation | - | 56.60 | 51.08 | 48.58 | 38.08 |
| Reconciled Cost Of Revenue | - | 381.55 | 321.67 | 272.20 | 327.78 |
| Net Income Discontinuous Operations | 2,175.27 | 0 | 0 | - | - |
| Earnings From Equity Interest Net Of Tax | - | 3.40 | -16.03 | 0 | 0 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Silicon Laboratories Inc.this co. | SLAB | $7.2B | -111.28 | 6.60 | -5.9% | -365.09 |
| Core Scientific, Inc. | CORZ | $8.9B | -30.74 | -9.22 | 30.0% | -67.35 |
| Rigetti Computing, Inc. | RGTI | $8.0B | -37.14 | 14.70 | -39.6% | -38.42 |
| Clearwater Analytics Holdings, Inc. | CWAN | $7.3B | -187.52 | 3.60 | -1.9% | 98.69 |
| Navitas Semiconductor Corporation | NVTS |
| - |
| - |
| - |
| - |
| - |
| - |
| $7.3B |
| -62.15 |
| 16.38 |
| -26.4% |
| -104.54 |
| InterDigital, Inc. | IDCC | $6.7B | 16.59 | 6.13 | 36.9% | 11.07 |
| Novanta Inc. | NOVT | $5.9B | 109.22 | 4.47 | 4.1% | 32.48 |
| Zeta Global Holdings Corp. | ZETA | $5.8B | -183.13 | 7.17 | -3.9% | 143.62 |
| Navan, Inc. | NAVN | $5.6B | -14.12 | 4.65 | -32.9% | -18.33 |
| Peer Median | - | -33.94 | 5.39 | -2.9% | -3.63 | |