Silicom Ltd. (SILC) Income Statement
SILC 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsSILC revenue and net income
Where SILC's revenue goes
2025Each bar shows an amount and its share of revenue. SILC kept −18.5% of revenue as net income.
SILC profit margins
SILC growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +6.6% | −25.6% | −10.4% | −2.9% |
| Gross profit | +14.0% | −28.6% | −10.9% | −5.7% |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
SILC quarterly EPS vs estimates
Silicom beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: October 29, 2026 (estimate $-0.04).
SILC income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $61.9M | $58.1M | $124.1M | $150.6M | $128.5M | $107.4M | $105.2M | $133.8M | $125.7M | $100.3M |
| Cost of revenue | $43.0M | $41.5M | $95.4M | $98.6M | $84.1M | $73.6M | $69.1M | $91.7M | $79.8M | $61.8M |
| Gross profit | $18.9M | $16.6M | $28.7M | $52.0M | $44.4M | $33.8M | $36.1M | $42.1M | $45.9M | $38.6M |
| Research & development | $20.1M | $19.5M | $20.6M | $20.6M | $20.1M | $17.2M | $15.1M | $14.8M | $13.9M | $12.7M |
| Sales, general & admin | $11.1M | $10.4M | $11.2M | $11.5M | $11.2M | $10.3M | $10.8M | $10.6M | $11.2M | $10.4M |
| Total operating expenses | $31.2M | $29.9M | $57.4M | $32.0M | $31.3M | $27.5M | $25.9M | $25.4M | $25.1M | $23.1M |
| Operating income | −$12.3M | −$13.3M | −$28.7M | $19.9M | $13.1M | $6.2M | $10.2M | $16.7M | $25.4M | $15.8M |
| Interest income | $2.6M | $2.6M | $1.3M | $1.1M | $1.5M | $2.2M | $2.3M | $840,000 | $527,000 | $751,000 |
| Interest expense | — | $11,000 | $45,000 | $74,000 | $48,000 | $171,000 | $148,000 | $93,000 | $109,000 | $122,000 |
| Income before taxes | −$10.6M | −$11.3M | −$27.3M | $22.4M | $12.9M | $7.3M | $11.9M | $17.6M | $25.6M | $15.9M |
| Income taxes | $871,000 | $2.4M | −$889,000 | $4.1M | $2.4M | $1.6M | $1.6M | $2.9M | $3.9M | $2.7M |
| Net income | −$11.5M | −$13.7M | −$26.4M | $18.3M | $10.5M | $5.7M | $10.2M | $14.6M | $21.7M | $13.1M |
| EBITDA | −$9.0M | −$9.1M | −$616,000 | $24.9M | $15.4M | $8.6M | $12.2M | $19.9M | $24.6M | $19.4M |
| EPS (diluted) | −$1.42 | −$1.38 | $1.50 | $3.13 | $2.01 | $1.54 | $1.65 | $2.79 | $2.85 | $2.23 |
| Gross margin | 30.6% | 28.6% | 23.1% | 34.5% | 34.6% | 31.4% | 34.3% | 31.4% | 36.5% | 38.4% |
| Operating margin | −19.8% | −22.8% | −23.1% | 13.2% | 10.2% | 5.8% | 9.7% | 12.4% | 20.2% | 15.8% |
| Net margin | −18.5% | −23.6% | −21.3% | 12.2% | 8.2% | 5.3% | 9.7% | 10.9% | 17.3% | 13.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $23.8M | $19.1M | $16.9M | $15.6M | $15.0M | $14.4M | $14.5M | $14.8M | $14.5M | $14.4M | $18.8M | $30.1M |
| Cost of revenue | $16.6M | $13.5M | $11.9M | $10.7M | $10.3M | $10.1M | $10.4M | $10.6M | $10.2M | $10.3M | $23.3M | $20.8M |
| Gross profit | $7.2M | $5.6M | $5.0M | $4.9M | $4.7M | $4.3M | $4.1M | $4.2M | $4.3M | $4.0M | −$4.5M | $9.2M |
| Research & development | $5.7M | $5.3M | $5.0M | $5.0M | $5.1M | $4.9M | $4.7M | $5.0M | $4.9M | $4.9M | $5.0M | $5.2M |
| Sales, general & admin | $3.4M | $3.2M | $2.8M | $3.0M | $2.8M | $2.6M | $3.0M | $2.3M | $2.4M | $2.6M | $2.6M | $3.0M |
| Total operating expenses | $9.2M | $8.5M | $7.8M | $8.0M | $7.9M | $7.5M | $7.7M | $7.3M | $7.4M | $7.5M | $33.2M | $8.3M |
| Operating income | −$2.0M | −$2.8M | −$2.8M | −$3.1M | −$3.2M | −$3.2M | −$3.6M | −$3.1M | −$3.1M | −$3.5M | −$37.7M | $960,000 |
| Interest expense | — | — | — | — | — | $636,000 | — | — | — | — | — | — |
| Income before taxes | −$1.9M | −$2.4M | −$2.5M | −$2.6M | −$3.0M | −$2.5M | −$3.2M | −$2.6M | −$2.4M | −$3.1M | −$37.5M | $1.4M |
| Income taxes | $200,000 | $11,000 | $37,000 | $236,000 | $304,000 | $294,000 | $2.9M | $32,000 | −$921,000 | $368,000 | −$2.5M | $183,000 |
| Net income | −$2.1M | −$2.4M | −$2.5M | −$2.8M | −$3.3M | −$2.8M | −$6.1M | −$2.6M | −$1.5M | −$3.4M | −$35.0M | $1.2M |
| EBITDA | −$1.6M | −$2.4M | −$910,000 | −$2.6M | −$3.0M | −$2.5M | −$3.0M | −$2.1M | −$1.8M | −$2.5M | −$37.5M | $2.0M |
| EPS (diluted) | −$0.37 | −$0.25 | −$0.34 | −$0.36 | −$0.35 | −$0.37 | −$0.58 | −$0.28 | −$0.14 | −$0.38 | −$0.07 | $0.30 |
| Gross margin | 30.1% | 29.5% | 29.8% | 31.4% | 31.4% | 29.7% | 28.5% | 28.2% | 29.4% | 28.1% | −24.0% | 30.7% |
| Operating margin | −8.4% | −14.7% | −16.6% | −19.7% | −21.0% | −22.3% | −24.7% | −21.1% | −21.5% | −24.1% | −200.9% | 3.2% |
| Net margin | −8.8% | −12.4% | −15.0% | −17.9% | −22.2% | −19.5% | −42.3% | −17.8% | −10.5% | −23.9% | −186.4% | 4.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in SILC's financial statements (latest annual report filed April 28, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
SILC financial results
In fiscal year 2025 (ended December 31, 2025), Silicom reported revenue of $61.9 million, up 6.6% from the year before. It had a net loss of $11.5 million, a net profit margin of −18.5%. Diluted earnings per share came to −$1.42. Over five years revenue grew at an average rate of −10.4% a year.
See the SILC stock overview for the latest quote and news, or the SILC chart for price history and technical indicators.
SILC income statement FAQ
What is Silicom's annual revenue?
Silicom reported total revenue of $61.9 million for fiscal year 2025, which ended on December 31, 2025. That was up 6.6% from $58.1 million the previous year.
Is Silicom profitable?
No. Silicom reported a net loss of $11.5 million in fiscal 2025, a net profit margin of −18.5%; its operating margin was −19.8%.
What is Silicom's gross margin?
Silicom's gross margin was 30.6% in fiscal 2025: for every $100 of revenue, Silicom kept $31 after the direct cost of its products and services.
How much does Silicom spend on research and development?
Silicom spent $20.1 million on research and development in fiscal 2025, 32.4% of revenue.
How fast is Silicom growing?
Revenue grew −10.4% a year on average over the last five fiscal years, from $107.4 million to $61.9 million.
What are Silicom's earnings per share?
Silicom earned $-1.42 per diluted share in fiscal 2025, compared with $-1.38 a year earlier.
When will Silicom report its next earnings?
Silicom is expected to report results for the quarter ending September 30, 2026 on October 29, 2026 before the market opens.
When does Silicom's fiscal year end?
Silicom's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 28, 2026.