SiTime (SITM) Investor Presentation summary

Market leadership and growth

• Leading supplier in precision timing, addressing a $11B total addressable market by 2027 with a focus on high-growth data center, AI, and networking sectors.

• Product portfolio spans oscillators, clock ICs, resonators, and software, serving over 400 applications and a broad customer base.

• Cumulative unit shipments grew from 1.5B at IPO to 3.5B, with revenue scaling from $84M to $230M.

• Significant expansion in end markets, with increased revenue share from communications, enterprise, datacenter, automotive, industrial, and aerospace.

• Strong engagement with top hyperscalers, OEMs, module/interconnect players, and semiconductor vendors across the AI supply chain.

Technology and innovation

• 6th-generation silicon MEMS technology and programmable analog circuits deliver high performance, reliability, and environmental resilience.

• Proprietary simulation tools and 197 patents create high barriers to entry and accelerate development.

• Up to 5x better performance and resilience compared to quartz OCXO and TCXO solutions.

• Integrated system-level offerings and efficient design cycles address supply chain and product availability challenges.

• 1588 Sync software achieves up to 9x better time accuracy.

Financial performance and operating leverage

• Revenue grew 58% YoY in Q2 FY25, reaching $69.5M, with consistent gross margins around 58%.

• Non-GAAP operating margin improved from -6% in Q2 FY24 to 10% in Q2 FY25.

• R&D and SG&A expenses as a percentage of revenue decreased, reflecting operating leverage.

• Cash and short-term investments totaled $796.7M as of June 30, 2025, with no debt.

• Five consecutive quarters of over 50% YoY revenue growth.