Silicon Motion Technology Corporation (SIMO) Income Statement
SIMO 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsSIMO revenue and net income
Where SIMO's revenue goes
2025Each bar shows an amount and its share of revenue. SIMO kept 13.9% of revenue as net income.
SIMO profit margins
SIMO growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +10.2% | −2.2% | +10.4% | +9.4% |
| Gross profit | +15.9% | −2.8% | +10.4% | +8.8% |
| Operating income | +2.4% | −24.2% | −4.2% | +1.9% |
| Net income | +37.5% | −10.7% | +9.0% | +7.4% |
| EPS (diluted) | +3.5% | −17.6% | +1.9% | +5.3% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
SIMO quarterly EPS vs estimates
Silicon Motion Technology beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: October 28, 2026 (estimate $3.14).
SIMO income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $885.6M | $803.6M | $639.1M | $945.9M | $922.1M | $539.5M | $457.3M | $530.3M | $523.4M | $556.1M |
| Cost of revenue | $458.1M | $432.7M | $368.8M | $480.1M | $461.3M | $279.4M | $235.1M | $269.5M | $272.2M | $281.5M |
| Gross profit | $427.5M | $368.8M | $270.4M | $465.8M | $460.8M | $260.2M | $222.2M | $260.8M | $251.2M | $274.6M |
| Research & development | $262.7M | $217.8M | $174.4M | $188.5M | $164.3M | $121.8M | $110.1M | $102.0M | $102.1M | $92.4M |
| Sales, general & admin | $71.8M | $58.8M | $54.8M | $63.0M | $50.6M | $40.4M | $42.8M | $17.6M | $16.9M | $17.1M |
| Total operating expenses | $334.5M | $277.9M | $230.5M | $251.9M | $214.9M | $162.2M | $153.7M | −$156.9M | −$156.0M | −$138.0M |
| Operating income | $93.0M | $90.9M | $39.9M | $213.9M | $245.9M | $115.1M | $71.3M | $108.9M | $103.8M | $137.3M |
| Interest income | $9.7M | $14.5M | $9.4M | $2.6M | $1.3M | $4.6M | $6.8M | $6.3M | $4.3M | $2.2M |
| Interest expense | — | $0 | $0 | $71,000 | $1.6M | $11,000 | $3,000 | $378,000 | $423,000 | $127,000 |
| Income before taxes | $140.1M | $107.4M | $61.0M | $212.6M | $247.3M | $85.6M | $72.1M | $109.9M | $99.0M | $138.6M |
| Income taxes | $17.5M | $18.2M | $8.2M | $40.1M | $47.3M | $5.8M | $7.7M | $11.8M | $24.0M | $27.7M |
| Net income | $122.7M | $89.2M | $52.9M | $172.5M | $200.0M | $79.7M | $64.4M | $100.3M | $75.0M | $110.9M |
| EBITDA | $170.3M | $132.7M | $83.0M | $231.6M | $264.4M | $99.3M | $85.4M | $125.6M | $112.6M | $150.3M |
| EPS (diluted) | $3.55 | $3.43 | $2.27 | $6.35 | $6.21 | $3.23 | $2.59 | $3.41 | $2.77 | $3.56 |
| Gross margin | 48.3% | 45.9% | 42.3% | 49.2% | 50.0% | 48.2% | 48.6% | 49.2% | 48.0% | 49.4% |
| Operating margin | 10.5% | 11.3% | 6.2% | 22.6% | 26.7% | 21.3% | 15.6% | 20.5% | 19.8% | 24.7% |
| Net margin | 13.9% | 11.1% | 8.3% | 18.2% | 21.7% | 14.8% | 14.1% | 18.9% | 14.3% | 19.9% |
| 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 | $451.0M | $342.1M | $278.5M | $242.0M | $198.7M | $166.5M | $191.2M | $212.4M | $210.7M | $189.3M | $205.1M | $172.3M |
| Cost of revenue | $224.8M | $180.8M | $141.7M | $124.3M | $104.0M | $88.1M | $101.5M | $113.1M | $113.9M | $104.2M | $115.4M | $99.2M |
| Gross profit | $226.2M | $161.3M | $136.8M | $117.7M | $94.7M | $78.4M | $89.7M | $99.3M | $96.8M | $85.1M | $89.7M | $73.1M |
| Research & development | $104.7M | $86.2M | $80.1M | $69.5M | $59.1M | $55.0M | $54.2M | $58.5M | $50.6M | $54.1M | $57.2M | $41.7M |
| Sales, general & admin | $20.4M | $22.8M | $25.0M | $19.0M | $14.2M | $13.6M | $15.7M | $16.3M | $13.9M | $12.8M | $13.8M | $15.8M |
| Total operating expenses | $125.1M | $109.1M | $105.1M | $88.5M | $72.4M | $68.6M | $70.0M | $74.8M | $66.0M | $67.2M | $71.2M | $58.1M |
| Operating income | $101.1M | $52.2M | $31.7M | $29.2M | $22.3M | $9.8M | $19.7M | $24.5M | $30.7M | $17.9M | $18.5M | $15.0M |
| Interest income | $1.4M | — | $1.9M | $2.2M | $2.7M | — | $3.8M | $3.5M | $4.2M | — | $4.2M | $3.5M |
| Income before taxes | $176.8M | $75.6M | $58.1M | $45.0M | $20.7M | $16.4M | $25.4M | $26.9M | $37.0M | $20.0M | $20.9M | $16.2M |
| Income taxes | $40.7M | $8.8M | $10.4M | $5.9M | $4.4M | −$3.1M | $2.4M | $6.0M | $6.2M | $4.0M | −$470,203 | $5.6M |
| Net income | $136.1M | $66.8M | $47.7M | $39.1M | $16.3M | $19.5M | $23.0M | $20.8M | $30.8M | $16.0M | $21.1M | $10.6M |
| EBITDA | $110.4M | $61.2M | $39.2M | $53.0M | $28.1M | $23.6M | $27.1M | $33.6M | $37.8M | $25.6M | $26.3M | $24.2M |
| EPS (diluted) | $3.99 | $1.58 | $1.26 | $1.00 | $0.69 | $0.60 | $0.91 | $0.92 | $0.96 | $0.64 | $0.93 | $0.63 |
| Gross margin | 50.2% | 47.1% | 49.1% | 48.6% | 47.7% | 47.1% | 46.9% | 46.7% | 45.9% | 45.0% | 43.7% | 42.4% |
| Operating margin | 22.4% | 15.3% | 11.4% | 12.1% | 11.2% | 5.9% | 10.3% | 11.5% | 14.6% | 9.5% | 9.0% | 8.7% |
| Net margin | 30.2% | 19.5% | 17.1% | 16.2% | 8.2% | 11.7% | 12.1% | 9.8% | 14.6% | 8.5% | 10.3% | 6.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in SIMO's financial statements (latest annual report filed April 30, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
SIMO financial results
In fiscal year 2025 (ended December 31, 2025), Silicon Motion Technology reported revenue of $885.6 million, up 10.2% from the year before. It had net income of $122.7 million (up 37.5%), a net profit margin of 13.9%. Diluted earnings per share came to $3.55. Over five years revenue grew at an average rate of 10.4% a year.
See the SIMO stock overview for the latest quote and news, or the SIMO chart for price history and technical indicators.
SIMO income statement FAQ
What is Silicon Motion Technology's annual revenue?
Silicon Motion Technology reported total revenue of $885.6 million for fiscal year 2025, which ended on December 31, 2025. That was up 10.2% from $803.6 million the previous year.
Is Silicon Motion Technology profitable?
Yes. Silicon Motion Technology reported net income of $122.7 million in fiscal 2025, a net profit margin of 13.9%; its operating margin was 10.5%.
What is Silicon Motion Technology's gross margin?
Silicon Motion Technology's gross margin was 48.3% in fiscal 2025: for every $100 of revenue, Silicon Motion Technology kept $48 after the direct cost of its products and services.
How much does Silicon Motion Technology spend on research and development?
Silicon Motion Technology spent $262.7 million on research and development in fiscal 2025, 29.7% of revenue.
How fast is Silicon Motion Technology growing?
Revenue grew 10.4% a year on average over the last five fiscal years, from $539.5 million to $885.6 million.
What are Silicon Motion Technology's earnings per share?
Silicon Motion Technology earned $3.55 per diluted share in fiscal 2025, compared with $3.43 a year earlier.
When will Silicon Motion Technology report its next earnings?
Silicon Motion Technology is expected to report results for the quarter ending September 30, 2026 on October 28, 2026 after the market closes.
When does Silicon Motion Technology's fiscal year end?
Silicon Motion Technology's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 30, 2026.