Silicon Motion posts record Q3 2026 revenue, raises dividend and issues upbeat 2027 outlook
Silicon Motion Technology reported Q3 2026 net sales of $560.2 million, a 24% sequential increase and 131% year‑over‑year growth. GAAP net income was $65.3 million and the company lifted its annual dividend 15% to $2.30 per ADS, with a $0.575 quarterly payment slated for 19 Nov 2026. Management guided Q4 revenue to $588 million‑$616 million and projected at least 40% revenue growth in 2027, citing strong automotive, edge AI and enterprise SSD demand.
Why it matters
The dividend increase raises cash returns for shareholders, while the revenue guidance signals continued top‑line expansion that could support higher earnings and valuation multiples, according to the company’s outlook.
Key facts
- 1Q3 2026 net sales were $560.2 million. tradingview.com
- 2GAAP net income for the quarter was $65.3 million. tradingview.com
- 3Non‑GAAP net income for the quarter was $149.2 million. tradingview.com
- 4Revenue grew 24% sequentially and 131% year‑over‑year. stocktitan.net
- 5Gross margin was 53.7%. stocktitan.net
- 6Annual dividend was raised 15% to $2.30 per ADS, with a $0.575 quarterly payment on 19 Nov 2026. tradingview.com
Open questions
- EPS is reported as $1.91 GAAP per share but also as $4.35 per ADS, indicating a conflict between GAAP and non‑GAAP figures.
- Material 11 says Q4 revenue will be flat, while materials 4, 8, 10 give a range of $588‑$616 million, creating a contradictory outlook.
Summary written by AlphAI AI Desk from 11 of 11 sources. Not investment advice. Figures are as stated by the linked sources.