Silicom Ltd. (SILC) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	-$0.24	-$0.16	+33.3%	—	$23.8M	—
Q1 26	-$0.36	-$0.25	+30.6%	—	$19.1M	—
Q4 25	-$0.37	-$0.34	+8.1%	—	$16.9M	—
Q3 25	-$0.36	-$0.36	0.0%	—	$15.6M	—
Q2 25	-$0.4	-$0.35	+12.5%	—	$15M	—
Q1 25	-$0.37	-$0.37	0.0%	—	$14.4M	—
Q4 24	-$0.32	-$0.58	-81.2%	—	$14.5M	—
Q3 24	-$0.32	-$0.28	+12.5%	—	$14.8M	—
Q2 24	-$0.35	-$0.14	+60.0%	—	$14.5M	—
Q1 24	-$0.23	-$0.38	-65.2%	—	$14.4M	—
Q4 23	-$0.03	-$0.07	-133.3%	—	$18.8M	—
Q3 23	$0.23	$0.3	+30.4%	—	$30.1M	—
Q2 23	$0.66	$0.66	0.0%	—	$38.1M	—
Q1 23	$0.6	$0.61	+1.7%	—	$37.2M	—
Q4 22	$0.96	$0.98	+2.1%	—	$45.2M	—
Q3 22	$0.7	$1.01	+44.3%	—	$39.2M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	-$2.01	—	—	$61.9M	—
FY24	—	-$2.28	—	—	$58.1M	—
FY23	—	-$3.94	—	—	$124.1M	—
FY22	—	$2.73	—	—	$150.6M

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$100.3M	$125.7M	$133.8M	$105.2M	$107.4M	$128.5M	$150.6M	$124.1M	$58.1M	$61.9M
YoY change	+21.3%	+25.3%	+6.41%	-21.3%	+2.05%	+19.6%	+17.2%	-17.6%	-53.2%	+6.56%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	100.3M	125.7M	133.8M	105.2M	107.4M	128.5M	150.6M	124.1M	58.1M	61.9M
Cost of revenue	61.8M	79.8M	91.7M	69.1M	73.6M	84.1M	98.6M	95.4M	41.5M	43M
Gross profit	38.6M	45.9M	42.1M	36.1M	33.8M	44.4M	52M	28.7M	16.6M	18.9M
Gross margin	38.4%	36.5%	31.4%	34.3%	31.4%	34.6%	34.5%	23.1%	28.6%	30.6%
Research & development	12.7M	13.9M	14.8M	15.1M	17.2M	20.1M	20.6M	20.6M	19.5M	20.1M
Selling, general & administrative	10.4M	11.2M	10.6M	10.8M	10.3M	11.2M	11.5M	11.2M	10.4M	11.1M
Operating expenses	23.1M	25.1M	25.4M	25.9M	27.5M	31.3M	32M	31.8M	29.9M	31.2M
Operating income	15.5M	20.8M	16.7M	10.2M	6.2M	13.1M	19.9M	-3.1M	-13.3M	-12.3M
Operating margin	15.4%	16.5%	12.4%	9.7%	5.82%	10.2%	13.2%	-2.51%	-22.8%	-19.8%
Non-operating income, net	98K	4.6M	208K	-357K	-748K	-1M	2.3M	-25.4M	-625K	-918K
Pretax income	15.9M	25.6M	17.6M	11.9M	7.3M	12.9M	22.4M	-27.3M	-11.3M	-10.6M
Income tax	2.7M	3.9M	2.9M	1.6M	1.6M	2.4M	4.1M	-889K	2.4M	871K
Net income	13.1M	21.7M	14.6M	10.2M	5.7M	10.5M	18.3M	-26.4M	-13.7M	-11.5M
Net margin	13.1%	17.3%	10.9%	9.73%	5.33%	8.21%	12.2%	-21.3%	-23.6%	-18.5%
EBITDA	19.3M	20M	19.7M	12.6M	9.4M	16.5M	20M	24.8M	-10.4M	-9.8M
EPS	1.79	2.91	1.94	1.36	0.8	1.54	2.73	-3.94	-2.28	-2.01
Diluted EPS	1.77	2.86	1.91	1.35	0.8	1.51	2.69	-3.94	-2.28	-2.01

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	30.1M	18.8M	14.4M	14.5M	14.8M	14.5M	14.4M	15M	15.6M	16.9M	19.1M	23.8M
Cost of revenue	20.8M	23.3M	10.3M	10.2M	10.6M	10.4M	10.1M	10.3M	10.7M	11.9M	13.5M	16.6M
Gross profit	9.2M	-4.5M	4M	4.3M	4.2M	4.1M	4.3M	4.7M	4.9M	5M	5.6M	7.2M
Gross margin	30.7%	-24%	28.1%	29.4%	28.2%	28.5%	29.7%	31.4%	31.4%	29.8%	29.5%	30.1%
Research & development	5.2M	5M	4.9M	4.9M	5M	4.7M	4.9M	5.1M	5M	5M	5.3M	5.7M
Selling, general & administrative	3M	2.6M	2.6M	2.4M	2.3M	3M	2.6M	2.8M	3M	2.8M	3.2M	3.4M
Operating expenses	8.3M	7.6M	7.5M	7.4M	7.3M	7.7M	7.5M	7.9M	8M	7.8M	8.5M	9.2M
Operating income	960K	-12.1M	-3.5M	-3.1M	-3.1M	-3.6M	-3.2M	-3.2M	-3.1M	-2.8M	-2.8M	-2M
Operating margin	3.19%	-64.6%	-24.1%	-21.5%	-21.1%	-24.7%	-22.3%	-21%	-19.7%	-16.6%	-14.7%	-8.37%
Non-operating income, net	—	—	—	—	—	—	—	—	—	—	—	—
Pretax income	1.4M	-37.5M	-3.1M	-2.4M	-2.6M	-3.2M	-2.5M	-3M	-2.6M	-2.5M	-2.4M	-1.9M
Income tax	183K	-2.5M	368K	-921K	32K	2.9M	294K	304K	236K	37K	11K	200K
Net income	1.2M	-35M	-3.4M	-1.5M	-2.6M	-6.1M	-2.8M	-3.3M	-2.8M	-2.5M	-2.4M	-2.1M
Net margin	4.03%	-186.4%	-23.9%	-10.5%	-17.8%	-42.3%	-19.5%	-22.2%	-17.9%	-15%	-12.4%	-8.77%
EBITDA	960K	-12.1M	-3.5M	-3.1M	-3.1M	-3.6M	-3.2M	-3.2M	-3.1M	-2.8M	-2.8M	-2M
EPS	0.18	-1.76	-0.55	-0.25	-0.44	-0.76	-0.49	-0.59	-0.49	-0.44	-0.41	-0.37
Diluted EPS	0.18	-1.76	-0.55	-0.25	-0.44	-0.76	-0.49	-0.59	-0.49	-0.44	-0.41	-0.37

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	301.8M	522.7M	263.9M	250.1M	297.9M	352.2M	282.3M	121.3M	—	83.9M	83.9M
Enterprise value	273.6M	498M	235.5M	209.8M	247.2M	323.9M	255.4M	72.3M	—	42M	42M
Shares outstanding	7.3M	7.5M	7.6M	7.5M	7.1M	6.8M	6.7M	6.7M	6M	5.7M	5.7M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	23	24.1	18	24.4	52	33.4	15.4	—	—	—	—
P/S	3.01	4.16	1.97	2.38	2.77	2.74	1.87	0.98	—	1.35	1.35
P/B	2.49	3.71	1.67	1.54	1.92	2.22	1.57	0.82	—	0.71	0.71
EV/EBITDA	14.2	24.9	11.9	16.7	26.4	19.6	12.7	2.92	—	-4.31	-4.31
EV/Sales	2.73	3.96	1.76	1.99	2.3	2.52	1.7	0.58	—	0.68	0.68
Earnings yield	4.35%	4.15%	5.55%	4.09%	1.92%	2.99%	6.49%	—	—	—	—
FCF yield	-1.37%	-0.06%	16.4%	9.7%	0.6%	-1.44%	-3.11%	24.5%	—	-4.72%	-4.72%

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	38.4%	36.5%	31.4%	34.3%	31.4%	34.6%	34.5%	23.1%	28.6%	30.6%	30.6%
Operating margin	15.4%	16.5%	12.4%	9.7%	5.82%	10.2%	13.2%	-2.51%	-22.8%	-19.8%	-19.8%
Net margin	13.1%	17.3%	10.9%	9.73%	5.33%	8.21%	12.2%	-21.3%	-23.6%	-18.5%	-18.5%
ROE	10.8%	15.4%	9.26%	6.28%	3.7%	6.65%	10.2%	-17.8%	-10.7%	-9.77%	-9.77%
ROA	8.97%	13.4%	8.03%	5.25%	2.92%	4.8%	8.47%	-15.7%	-9.11%	-7.54%	-7.54%
ROIC	13.8%	15.2%	10.7%	7.19%	4.72%	8.2%	10.7%	-3.14%	-21.4%	-16.2%	-16.2%
Return on tangible assets	14.7%	19.8%	11.3%	7.29%	4.02%	6.59%	12.1%	-16.2%	-9.4%	-7.81%	-7.81%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	5.75	6.48	4.83	4.19	4.64	2.96	5.67	10.5	8.6	4.15	4.15
Quick ratio	3.29	3.78	2.86	2.81	3.02	1.46	2.42	6.49	5.88	2.22	2.22
Debt / equity	—	—	0	0.02	0.07	0.06	0.04	0.04	0.05	0.05	0.05
Debt / assets	—	—	0	0.02	0.05	0.04	0.04	0.04	0.04	0.04	0.04
Net debt / EBITDA	—	—	-1.44	-3.2	-5.4	-1.72	-1.34	-1.98	6.29	4.29	4.29
Effective tax rate	17.2%	15.1%	16.7%	13.7%	21.4%	18.3%	18.2%	0%	0%	0%	0%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	13.7	16.9	17.7	14	15.1	18.8	22.5	18.5	9.65	10.9	10.9
EPS (basic)	1.79	2.91	1.94	1.36	0.8	1.54	2.73	-3.94	-2.28	-2.01	-2.01
EPS (diluted)	1.77	2.86	1.91	1.35	0.8	1.51	2.69	-3.94	-2.28	-2.01	-2.01
Book value per share	16.5	18.9	20.9	21.7	21.8	23.2	26.8	22.1	21.2	20.6	20.6
FCF per share	-0.56	-0.04	5.74	3.23	0.25	-0.74	-1.31	4.43	2.82	-0.69	-0.69
Cash per share	3.84	3.32	3.76	5.86	8.54	5.5	5.19	8.2	12	8.43	8.43
Capex per share	0.2	0.23	0.18	0.19	0.24	0.38	0.31	0.17	0.15	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	1.44%	1.34%	1.01%	1.37%	1.58%	2.01%	1.39%	0.9%	1.6%	—	—
Capex / operating cash flow	-18.5%	-31.3%	3.38%	6.61%	-78.8%	-24.1%	103.6%	-47.9%	6.32%	—	—
Payout ratio	55.7%	34%	0%	0%	—	—	—	—	—	—	—
Dividend yield	2.42%	1.41%	0%	0%	—	—	—	—	—	—	—

Yield

—

trailing twelve months

Frequency

Monthly

Last dividend

$1.00

ex-dividend Mar 23, 2017

Payout ratio

—

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Mar 23, 2017	$1.00
Mar 31, 2016	$1.00
Apr 6, 2015	$1.00
Apr 1, 2015	$1.00
Jun 11, 2014	$0.00
Jun 5, 2014	$0.00
May 20, 2014	$0.00
May 16, 2014	$0.00

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$30.1M	$18.8M	$14.4M	$14.5M	$14.8M	$14.5M	$14.4M	$15M	$15.6M	$16.9M	$19.1M	$23.8M
YoY change	-23.3%	-58.5%	-61.4%	-62%	-50.9%	-22.8%	+0.14%	+3.57%	+5.81%	+16.7%	+32.8%	+58.5%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	28.2M	24.8M	28.4M	44.1M	60.8M	37.6M	34.8M	54.9M	72.1M	48.1M
Receivables	27.3M	40.7M	23.5M	24.9M	21.7M	31.1M	27.3M	25M	11.7M	9.2M
Inventory	44.3M	51.5M	42.4M	36.5M	47.6M	75.8M	88M	51.5M	41.1M	52.6M
Total current assets	103.3M	123.5M	104.1M	110.4M	136.2M	149.1M	153.6M	135.1M	129.8M	113.1M
Property, plant & equipment	3.9M	4.1M	3.7M	7.4M	14M	13.3M	12.9M	10M	10M	9.3M
Goodwill & intangibles	57M	53.2M	53.1M	54.6M	53.5M	59.8M	64.5M	4.5M	4.6M	5.1M
Total assets	146.4M	162.6M	182.3M	195.1M	195.9M	219.6M	216.2M	167.7M	150.4M	152.2M
Accounts payable	10.5M	12.6M	15.4M	16.4M	14.6M	29.9M	15.9M	4.1M	6.5M	11.1M
Short-term debt	—	—	—	1.1M	1.8M	1.8M	1.5M	2.1M	1.7M	2M
Total current liabilities	18M	19M	21.5M	26.3M	29.4M	50.3M	27.1M	12.9M	15.1M	27.3M
Long-term debt	—	—	0	2.7M	8.3M	7.4M	6.3M	3.9M	4.8M	4.3M
Total liabilities	25M	21.8M	24.2M	32.1M	41M	61.1M	36.9M	19.5M	22.6M	34.7M
Shareholders' equity	121.4M	140.8M	158.1M	162.9M	154.8M	158.5M	179.3M	148.3M	127.8M	117.5M
Total debt	—	—	0	3.8M	10.1M	9.2M	7.8M	5.9M	6.5M	6.3M
Net debt	—	—	-26.8M	-12.7M	-10.6M	-20.1M	-22.9M	-41M	-44.8M	-28.9M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	49.7M	54.9M	66.1M	69.3M	69.3M	72.1M	72.1M	64.3M	55.1M	48.1M	35M	31.3M
Receivables	31.3M	25M	11.9M	13M	13.3M	11.7M	13.4M	10.7M	11.7M	9.2M	13.9M	16.4M
Inventory	63.3M	51.5M	46.3M	44.7M	43.5M	41.1M	39.9M	40.8M	45.5M	52.6M	63.5M	70.7M
Total current assets	147.4M	135.1M	129.4M	133.7M	133.1M	129.8M	131.4M	118.7M	116.9M	113.1M	116.2M	123.5M
Property, plant & equipment	11.4M	10M	9.4M	9M	10.2M	10M	9.6M	9.7M	9.5M	9.3M	9.7M	9.7M
Goodwill & intangibles	65.7M	4.5M	4.5M	2.3M	2.3M	4.6M	2.3M	2.3M	2.5M	5.1M	3.5M	4.3M
Total assets	210.5M	167.7M	159.2M	157.9M	157.6M	150.4M	149.7M	147.8M	151.2M	152.2M	158.8M	162.9M
Accounts payable	6.7M	4.1M	3M	5.7M	7.5M	6.5M	8.2M	8M	10.3M	11.1M	20.4M	25.2M
Short-term debt	2.1M	2.1M	1.8M	1.7M	1.6M	1.7M	1.7M	1.9M	2M	2M	2.2M	2.1M
Total current liabilities	16.7M	12.9M	11.3M	13.7M	15.6M	15.1M	17.7M	18.2M	24M	27.3M	35.2M	40.4M
Long-term debt	4.5M	3.9M	3.6M	3.4M	5M	4.8M	4.6M	4.7M	4.5M	4.3M	4.4M	4.4M
Total liabilities	23.7M	19.5M	17.7M	19.8M	23.3M	22.6M	25M	26.1M	31.6M	34.7M	42.8M	48.1M
Shareholders' equity	186.8M	148.3M	141.5M	138.2M	134.4M	127.8M	124.7M	121.7M	119.6M	117.5M	116M	114.8M
Total debt	6.5M	5.9M	5.4M	5.1M	6.7M	6.5M	6.2M	6.6M	6.4M	6.3M	6.6M	6.4M
Net debt	-36.1M	-41M	-55.7M	-55.6M	-52.8M	-44.8M	-44.9M	-45.7M	-32M	-28.9M	-23.4M	-18.7M

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	13.1M	21.7M	14.6M	10.2M	5.7M	10.5M	18.3M	-26.4M	-13.7M	-11.5M
Depreciation & amortization	3.9M	3.8M	3.3M	2M	2.4M	2.4M	2.4M	2.5M	2.2M	1.6M
Stock-based compensation	1.6M	2.4M	2.4M	2.4M	2.7M	2.9M	3.6M	3.4M	3.2M	2.8M
Change in working capital	-25.7M	-29.1M	19.4M	7.8M	-13.2M	-26.6M	-23.5M	20.1M	20.7M	-4.8M
Operating cash flow	-7.8M	-5.4M	39.8M	21.8M	-2.2M	-10.7M	2M	-2.3M	14.7M	-2.2M
Capital expenditure	-1.4M	-1.7M	-1.3M	-1.4M	-1.7M	-2.6M	-2.1M	-1.1M	-932K	—
Investing cash flow	7.1M	8.5M	-35.3M	-28.6M	16.9M	20.3M	10.9M	-6.4M	-3.9M	-10.6M
Dividends paid	-7.3M	-7.4M	0	0	—	—	—	—	—	—
Share repurchases	—	0	0	-8M	-16.8M	-14.3M	-3.4M	-9.3M	-9.9M	-1.7M
Financing cash flow	-11.8M	-7.4M	0	-8M	-16.8M	-14.3M	-3.4M	-9.3M	-9.9M	-1.7M
Net change in cash	-12.4M	-4.3M	4.5M	-14.8M	-2M	-4.7M	9.5M	-18.1M	947K	-14.4M
Free cash flow	-4.1M	-293K	43.3M	24.3M	1.8M	-5.1M	-8.8M	29.7M	17M	-4M

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Silicom Ltd. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement