SiTime reports 257% YoY revenue surge, announces 3‑for‑1 stock split
SiTime Corporation posted third‑quarter 2026 revenue of $298.7 million, a 257.4% year‑over‑year increase. The company also announced a forward 3‑for‑1 stock split, giving each shareholder two additional shares for every share held as of Dec. 3, 2026. Non‑GAAP gross margin reached 70.7% and adjusted earnings were $0.14 per share. The results follow the July 1 acquisition of Renesas’ timing business.
Why it matters
The split will increase the number of shares outstanding and lower the per‑share price, making the stock more accessible while preserving market value (the company noted the split in its press release). The revenue and margin expansion signal strong demand for SiTime’s timing solutions, which could support higher valuations and future growth expectations (Rosenblatt reiterated a Buy rating citing the results).
Key facts
- 1Q3 2026 revenue was $298.7 million, up 257.4% YoY. tradingview.com
- 2Adjusted EPS for Q3 2026 was $0.14 per share. tradingview.com
- 3Non‑GAAP gross margin for Q3 2026 was 70.7%. finance.yahoo.com
- 4SiTime announced a three‑for‑one forward stock split; record holders as of Dec. 3, 2026 will receive two additional shares per share owned. stocktitan.net
- 5The company completed the acquisition of Renesas’ timing business on July 1, 2026, adding over 550 clocking products. investing.com
Summary written by AlphAI AI Desk from 11 of 11 sources. Not investment advice. Figures are as stated by the linked sources.