Silvaco Group, Inc. provides technology computer aided design (TCAD) software, electronic design automation (EDA) software, and semiconductor intellectual property (SIP) solutions in the United States and internationally. The company's TCAD software are used in semiconductor industry to model and optimize manufacturing process and device performance. Its EDA software solution include spice modelling, and simulation, parasitic extraction and reduction, standard cell generation and optical proximity correction. The company also provides SIP and EDA software and design services, such as standard cell library development; and embedded memory compilers. Further, the company provides SIP management tools and SIP. It serves semiconductor manufacturers, original equipment manufacturers, and original design manufacturers that deploys solutions in production flows across various target markets, including display, power devices, automotive, memory, high performance computing, Internet of Things, and 5G/6G mobile markets. The company was founded in 1984 and is headquartered in Santa Clara, California.
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 | $63M | $-40M | $-41M | $-35M | -54.9% | 5.7% | - |
| 2024 | $60M | $-37M | $-39M | $-20M | -39.4% | 10.0% | - |
| 2023 | $54M | $2M | $-0M | $1M | -3.4% | 16.7% | - |
| 2022 | $46M | $-1M | $-4M | $-2M | -39.2% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 46.47 | 54.25 | 59.68 | 63.06 |
| Cost Of Revenue | 8.89 | 9.35 | 12.04 | 13.69 |
| Gross Profit | 37.59 | 44.89 | 47.64 | 49.37 |
| Operating Expense | 38.90 | 43.76 | 76.61 | 82.20 |
| Operating Income | -1.31 | 1.13 | -28.97 | -32.83 |
| EBITDA | -1.32 | 1.74 | -36.74 | -40.48 |
| EBIT | -1.87 | 1.14 | -38.02 | -43.95 |
| Pretax Income | -2.23 | 0.51 | -38.92 | -44.65 |
| Tax Provision | 1.70 | 0.83 | 0.48 | -3.44 |
| Net Income | -3.93 | -0.32 | -39.40 | -41.21 |
| Net Income Common Stockholders | -3.93 | -0.32 | -39.40 | -41.21 |
| Total Expenses | 47.79 | 53.11 | 88.65 | 95.89 |
| Interest Expense | 0.35 | 0.63 | 0.90 | 0.70 |
| Interest Income | 0 | 0.01 | 2.98 | 1.95 |
| Research And Development | 12.45 | 13.17 | 20.74 | 29.86 |
| Selling General And Administration | 26.45 | 30.59 | 55.87 | 52.34 |
| Normalized EBITDA | -0.76 | 1.74 | -24.71 | -27.41 |
| Normalized Income | -3.49 | -0.32 | -29.91 | -29.18 |
| Basic EPS | -0.14 | -0.01 | -1.53 | -1.39 |
| Diluted EPS | -0.14 | -0.01 | -1.53 | -1.39 |
| Tax Effect Of Unusual Items | -0.12 | 0 | -2.53 | -1.05 |
| Tax Rate For Calcs | 0.21 | 0.21 | 0.21 | 0.08 |
| Total Unusual Items | -0.56 | 0 | -12.02 | -13.07 |
| Total Unusual Items Excluding Goodwill | -0.56 | 0 | -12.02 | -13.07 |
| Net Income From Continuing Operation Net Minority Interest | -3.93 | -0.32 | -39.40 | -41.21 |
| Reconciled Depreciation | 0.55 | 0.60 | 1.28 | 3.47 |
| Reconciled Cost Of Revenue | 8.89 | 9.35 | 12.04 | 13.69 |
| Net Interest Income | -0.35 | -0.62 | 2.08 | 1.25 |
| Net Income From Continuing And Discontinued Operation | -3.93 | -0.32 | -39.40 | -41.21 |
| Total Operating Income As Reported | -1.87 | 1.13 | -40.28 | -45.90 |
| Diluted Average Shares | 28.53 | 42.72 | 25.67 | 29.74 |
| Basic Average Shares | 28.53 | 28.53 | 25.67 | 29.74 |
| Diluted NI Availto Com Stockholders | -3.93 | -0.32 | -39.40 | -41.21 |
| Net Income Including Noncontrolling Interests | -3.93 | -0.32 | -39.40 | -41.21 |
| Net Income Continuous Operations | -3.93 | -0.32 | -39.40 | -41.21 |
| Other Income Expense | -0.56 | 0 | -12.02 | -13.07 |
| Special Income Charges | -0.56 | 0 | -12.02 | -13.07 |
| Other Special Charges | 0 | 0 | 12.02 | 13.07 |
| Impairment Of Capital Assets | 0.56 | 0 | 0 | 0 |
| Net Non Operating Interest Income Expense | -0.35 | -0.62 | 2.08 | 1.25 |
| Interest Expense Non Operating | 0.35 | 0.63 | 0.90 | 0.70 |
| Interest Income Non Operating | 0 | 0.01 | 2.98 | 1.95 |
| Selling And Marketing Expense | 10.22 | 12.71 | 18.30 | 18.31 |
| General And Administrative Expense | 16.23 | 17.88 | 37.57 | 34.03 |
| Other Gand A | 16.23 | 17.88 | 37.57 | 34.03 |
| Operating Revenue | 46.47 | 54.25 | 59.68 | 63.06 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Silvaco Group, Inc.this co. | SVCO | - | - | - | -54.9% | - |
| KULR Technology Group, Inc. | KULR | $111M | - | 0.91 | -50.9% | -2.45 |
| Expensify, Inc. | EXFY | $106M | - | 0.74 | -16.1% | -2.34 |
| SunPower Inc. | SPWR | $105M | - | -1.02 | 50.3% | -16.16 |
| CSP Inc. | CSPI | $103M | - | 2.29 |
| -0.2% |
| -30.63 |
| SoundThinking, Inc. | SSTI | $89M | - | 1.22 | -13.1% | 45.14 |
| Airship AI Holdings, Inc. | AISP | $76M | 2.91 | -10.63 | -410.1% | -9.02 |
| Neonode Inc. | NEON | $26M | 3.27 | 1.07 | 34.4% | -0.11 |
| zSpace, Inc. | ZSPC | $1M | - | -0.34 | 112.8% | -0.78 |
| Peer Median | - | 3.09 | 0.82 | -6.6% | -2.40 | |