Silicon Motion Technology Corp. ADR (SIMO) 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	$2.11	$2.43	+15.2%	—	$451M	—
Q1 26	$1.3	$1.58	+21.5%	—	$342.1M	—
Q4 25	$1.3	$1.26	-3.1%	—	$278.5M	—
Q3 25	$0.81	$1	+23.5%	—	$242M	—
Q2 25	$0.56	$0.69	+23.2%	—	$198.7M	—
Q1 25	$0.45	$0.6	+33.3%	—	$166.5M	—
Q4 24	$0.84	$0.91	+8.3%	—	$191.2M	—
Q3 24	$0.85	$0.92	+8.2%	—	$212.4M	—
Q2 24	$0.95	$0.96	+1.1%	—	$210.7M	—
Q1 24	$0.57	$0.64	+12.3%	—	$189.3M	—
Q4 23	$0.76	$0.93	+22.4%	—	$202.4M	—
Q3 23	$0.61	$0.63	+3.3%	—	$172.3M	—
Q2 23	$0.48	$0.38	-20.8%	—	$140.4M	—
Q1 23	$0.7	$0.33	-52.9%	—	$124.1M	—
Q4 22	$1.66	$1.22	-26.5%	—	$200.8M	—
Q3 22	$1.86	$1.53	-17.7%	—	$250.8M	—

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	—	$3.65	—	—	$885.6M	—
FY24	—	$2.7	—	—	$803.6M	—
FY23	—	$1.59	—	—	$639.1M	—
FY22	—	$5.19	—	—	$945.9M

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	$556.1M	$523.4M	$530.3M	$457.3M	$539.5M	$922.1M	$945.9M	$639.1M	$803.6M	$885.6M
YoY change	+53.9%	-5.89%	+1.33%	-13.8%	+18%	+70.9%	+2.58%	-32.4%	+25.7%	+10.2%

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	556.1M	523.4M	530.3M	457.3M	539.5M	922.1M	945.9M	639.1M	803.6M	885.6M
Cost of revenue	281.5M	272.2M	269.5M	235.1M	279.4M	461.3M	480.1M	368.8M	434.8M	458.1M
Gross profit	274.6M	251.2M	260.8M	222.2M	260.2M	460.8M	465.8M	270.4M	368.8M	427.5M
Gross margin	49.4%	48%	49.2%	48.6%	48.2%	50%	49.2%	42.3%	45.9%	48.3%
Research & development	92.4M	102.1M	102M	110.3M	121.8M	164.3M	188.5M	174.4M	217.8M	262.7M
Selling, general & administrative	42.8M	42.8M	46.9M	43M	40.4M	50.6M	63M	54.8M	58.8M	71.8M
Operating expenses	135.2M	144.9M	148.9M	153.3M	162.2M	214.9M	251.5M	229.2M	276.6M	334.5M
Operating income	137.3M	103.8M	108.9M	68.1M	98M	245.9M	214.3M	41.2M	92.1M	93M
Operating margin	24.7%	19.8%	20.5%	14.9%	18.2%	26.7%	22.7%	6.44%	11.5%	10.5%
Non-operating income, net	-661K	-8.7M	-5M	-2.8M	-17M	116K	-4.4M	7.6M	742K	37.4M
Pretax income	138.6M	99M	109.9M	72.1M	85.6M	247.3M	212.6M	61M	107.4M	140.1M
Income tax	27.7M	24M	11.8M	7.7M	5.8M	47.3M	40.1M	8.2M	18.2M	17.5M
Net income	110.9M	75M	98.1M	64.4M	79.7M	200M	172.5M	52.9M	89.2M	122.6M
Net margin	19.9%	14.3%	18.5%	14.1%	14.8%	21.7%	18.2%	8.27%	11.1%	13.8%
EBITDA	151M	121.2M	129.6M	88.2M	116.1M	264.2M	236M	75.3M	132M	85.8M
EPS	3.15	2.1	2.78	1.83	2.31	5.74	5.19	1.59	2.7	3.65
Diluted EPS	3.12	2.09	2.78	1.82	2.31	5.71	5.17	1.58	2.69	3.64

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	172.3M	202.4M	189.3M	210.7M	212.4M	191.2M	166.5M	198.7M	242M	278.5M	342.1M	451M
Cost of revenue	99.2M	113.9M	104.2M	113.9M	113.1M	103.6M	88.1M	104M	124.3M	141.7M	180.8M	224.8M
Gross profit	73.1M	88.5M	85.1M	96.8M	99.3M	87.6M	78.4M	94.7M	117.7M	136.8M	161.3M	226.2M
Gross margin	42.4%	43.7%	45%	45.9%	46.7%	45.8%	47.1%	47.7%	48.6%	49.1%	47.1%	50.2%
Research & development	41.7M	56.4M	54.4M	50.8M	58.5M	54.2M	55M	58.1M	69.5M	80.1M	86.2M	104.7M
Selling, general & administrative	15.8M	13.8M	12.8M	14M	16.3M	15.7M	13.6M	14.2M	19M	25M	22.8M	20.4M
Operating expenses	57.5M	70.2M	67.2M	64.8M	74.8M	69.9M	68.6M	72.4M	88.5M	105.1M	109.1M	125.1M
Operating income	15.6M	18.3M	17.9M	32M	24.5M	17.7M	9.8M	22.3M	29.2M	31.7M	52.2M	101.1M
Operating margin	9.05%	9.04%	9.48%	15.2%	11.5%	9.28%	5.87%	11.2%	12.1%	11.4%	15.3%	22.4%
Non-operating income, net	-2.9M	-1.9M	-1M	850K	-1.1M	2M	3.7M	-4.4M	13.6M	24.5M	21.8M	74.3M
Pretax income	16.2M	20.6M	20M	37M	26.9M	23.5M	16.4M	20.7M	45M	58.1M	75.6M	176.8M
Income tax	5.6M	-464K	4M	6.2M	6M	1.9M	-3.1M	4.4M	5.9M	10.4M	8.8M	40.7M
Net income	10.6M	21.1M	16M	30.8M	20.8M	21.6M	19.5M	16.3M	39.1M	47.7M	66.8M	136.1M
Net margin	6.14%	10.4%	8.46%	14.6%	9.81%	11.3%	11.7%	8.21%	16.2%	17.1%	19.5%	30.2%
EBITDA	26.5M	42.8M	24.6M	36.9M	31.4M	38.3M	13.3M	34.1M	23.7M	14.7M	39.4M	135.3M
EPS	0.32	0.63	0.48	0.92	0.62	0.68	0.56	0.49	1.16	1.42	1.98	4.01
Diluted EPS	0.32	0.63	0.48	0.91	0.62	0.68	0.56	0.49	1.16	1.41	1.97	3.99

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	1.5B	1.9B	1.2B	1.8B	1.7B	3.3B	2.2B	2B	1.8B	3.1B	9.4B
Enterprise value	1.2B	1.5B	954.5M	1.5B	1.3B	3B	1.9B	1.7B	1.5B	2.9B	9.4B
Shares outstanding	35.2M	35.7M	36M	35.2M	34.5M	34.9M	33.3M	33.4M	33.6M	33.6M	33.6M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	13.5	25.2	12.7	27.7	20.9	16.6	12.5	38.6	20.4	25.4	32.6
P/S	2.69	3.61	2.34	3.9	3.08	3.59	2.28	3.2	2.26	3.51	7.19
P/B	3.38	3.83	2.34	3.32	2.98	5.04	2.95	2.78	2.35	3.75	9.03
EV/EBITDA	8.23	12.8	7.37	16.6	11.4	11.2	8.19	23	11.7	34	37.8
EV/Sales	2.24	2.96	1.8	3.2	2.45	3.2	2.04	2.71	1.92	3.29	7.13
Earnings yield	7.41%	3.97%	7.89%	3.61%	4.79%	6.04%	7.98%	2.59%	4.91%	3.94%	3.07%
FCF yield	7.57%	4.88%	2.69%	3.74%	5.87%	4.53%	2.36%	4.83%	1.8%	0.2%	-2.09%
PEG	—	—	—	—	—	—	—	—	—	—	0.05

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	49.4%	48%	49.2%	48.6%	48.2%	50%	49.2%	42.3%	45.9%	48.3%	50.2%
Operating margin	24.7%	19.8%	20.5%	14.9%	18.2%	26.7%	22.7%	6.44%	11.5%	10.5%	22.4%
Net margin	19.9%	14.3%	18.5%	14.1%	14.8%	21.7%	18.2%	8.27%	11.1%	13.8%	22.1%
ROE	25.1%	15.2%	18.4%	12%	14.3%	30.4%	23.5%	7.2%	11.6%	14.8%	31.6%
ROA	18.3%	10.8%	14.6%	9.23%	10.7%	20.6%	17.9%	5.25%	8.65%	10%	10.1%
ROIC	57.8%	51.5%	39.9%	28.4%	41.9%	66.2%	34.5%	8.44%	15.4%	12.9%	16.9%
Return on tangible assets	24.2%	13.4%	17.7%	9.72%	10.7%	20.6%	17.9%	5.25%	8.65%	10%	18.1%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	3.27	3.21	4.39	4.3	3.89	2.91	4.29	3.73	3.98	2.78	2.52
Quick ratio	2.77	2.68	3.67	3.63	3.2	2.33	2.72	2.71	2.99	1.54	1.13
Debt / equity	0.06	0.05	—	0.01	0.01	0	0	0	0	0	0.07
Debt / assets	0.04	0.04	—	0	0	0	0	0	0	0	0.04
Net debt / EBITDA	-1.67	-2.82	—	-3.65	-2.93	-1.35	-0.97	-4.15	-2.07	-2.32	-0.06
Interest coverage	1.1K	235	291.6	24K	7.8K	—	3K	—	—	—	—
Effective tax rate	20%	24.3%	10.7%	10.7%	6.79%	19.1%	18.8%	13.4%	16.9%	12.5%	18.5%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	15.8	14.7	14.7	13	15.6	26.5	28.4	19.2	23.9	26.4	39
EPS (basic)	3.15	2.1	2.78	1.83	2.31	5.74	5.19	1.59	2.7	3.65	3.65
EPS (diluted)	3.12	2.09	2.78	1.82	2.31	5.71	5.17	1.58	2.69	3.64	8.56
Book value per share	12.6	13.8	14.8	15.3	16.1	18.9	22	22	23	24.7	30.9
FCF per share	3.22	2.58	0.93	1.9	2.83	4.31	1.53	2.96	0.97	0.19	-3.53
Cash per share	7.88	10.3	8.01	9.24	9.93	10.3	6.98	9.42	8.21	6.01	2.19
Capex per share	0.35	0.33	2.08	0.31	0.57	0.71	0.99	1.47	1.32	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	2.2%	2.23%	14.1%	2.41%	3.62%	2.67%	3.48%	7.68%	5.52%	—	—
Capex / operating cash flow	11.3%	11.4%	66.2%	22.2%	21%	22.5%	40%	24.6%	72.5%	—	—
Payout ratio	20.6%	42.9%	44.1%	68.4%	61.3%	27%	28.9%	31.6%	75.4%	54.8%	23.4%
Dividend yield	1.53%	1.7%	3.48%	2.47%	2.94%	1.63%	2.31%	0.82%	3.7%	2.16%	0.72%

Yield

0.72%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.50

ex-dividend Aug 6, 2026

Payout ratio

23%

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
Aug 6, 2026	$0.50
May 7, 2026	$0.50
Feb 11, 2026	$0.50
Nov 14, 2025	$0.50
Aug 7, 2025	$0.50

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	$172.3M	$202.4M	$189.3M	$210.7M	$212.4M	$191.2M	$166.5M	$198.7M	$242M	$278.5M	$342.1M	$451M
YoY change	-31.3%	+0.81%	+52.6%	+50.1%	+23.3%	-5.54%	-12.1%	-5.69%	+13.9%	+45.7%	+105.5%	+127%

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	277.8M	366.4M	288.6M	325.2M	343M	360.1M	232.2M	314.3M	276.1M	201.8M
Receivables	75.2M	80.6M	91.8M	108.7M	115.8M	208.6M	206.1M	194.7M	233.7M	211.5M
Inventory	71.9M	94.2M	81.5M	88.4M	110.2M	163.1M	288M	216.9M	199.2M	421.8M
Total current assets	476.9M	568.8M	498.5M	565.2M	618.1M	818.1M	787.9M	793.2M	794.9M	943.4M
Property, plant & equipment	18.7M	21.1M	83.3M	89M	94.1M	100.1M	118.3M	152.9M	174.6M	136.7M
Goodwill & intangibles	147.8M	132.8M	118.7M	35M	0	—	—	—	—	—
Total assets	606M	693.7M	672.6M	697.7M	742.1M	971.3M	961.3M	1B	1B	1.2B
Accounts payable	31.7M	56.4M	27.7M	30.7M	44.5M	80.8M	36M	55.6M	17.8M	34.7M
Short-term debt	25M	25M	—	3M	3.1M	2.9M	3.2M	2.3M	2.5M	2.6M
Total current liabilities	146M	177.2M	113.7M	131.5M	158.7M	281.5M	183.9M	212.8M	199.5M	339.5M
Long-term debt	—	—	—	—	—	—	—	—	—	—
Total liabilities	163.3M	199.7M	140.3M	160.9M	184.3M	313.7M	228.6M	273.3M	259.1M	392M
Shareholders' equity	442.8M	494.1M	532.3M	536.8M	557.7M	657.6M	732.6M	734.7M	772.3M	830.7M
Total debt	25M	25M	—	3M	3.1M	2.9M	3.2M	2.3M	2.5M	2.6M
Net debt	-249.5M	-334.5M	—	-320.1M	-339.9M	-357.2M	-229M	-312M	-273.5M	-199.3M

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	295.4M	314.3M	294.8M	289.2M	313.9M	276.1M	275.1M	208M	198.6M	201.8M	135.7M	74.4M
Receivables	193.4M	194.7M	186.2M	191.7M	202.7M	233.7M	206.7M	220.9M	201.6M	211.5M	220.4M	323.6M
Inventory	199M	216.9M	253.3M	240.8M	214.6M	199.2M	180.9M	208M	338M	421.8M	515.3M	673M
Total current assets	754.1M	793.2M	801.8M	804.2M	820.6M	794.9M	747.9M	775.3M	865.4M	943.4M	1B	1.2B
Property, plant & equipment	162.1M	152.9M	174.4M	—	182M	174.6M	—	—	—	136.7M	—	149.6M
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	—	—	—
Total assets	966.9M	1B	1B	1B	1B	1B	991.4M	1B	1.1B	1.2B	1.3B	1.6B
Accounts payable	27M	55.6M	64.8M	36.4M	30.9M	17.8M	23M	37.5M	75M	34.7M	94.5M	103.3M
Short-term debt	—	2.3M	—	—	—	2.5M	—	—	—	2.6M	—	61.9M
Total current liabilities	130.8M	212.8M	210.9M	185.5M	176.5M	199.5M	168.1M	189.2M	251.7M	339.5M	351.2M	482.2M
Long-term debt	—	—	—	—	—	—	—	—	—	—	—	—
Total liabilities	192.9M	273.3M	270.8M	245.6M	239.1M	259.1M	219.1M	244.8M	303.2M	392M	400.9M	558.4M
Shareholders' equity	774.1M	734.7M	753.5M	784.5M	809.6M	772.3M	772.3M	788.9M	833.8M	830.7M	906.1M	1B
Total debt	—	2.3M	—	—	—	2.5M	—	—	—	2.6M	—	61.9M
Net debt	—	-312M	—	—	—	-273.5M	—	—	—	-199.3M	—	-12.5M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

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

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	110.9M	75M	98.1M	64.4M	79.7M	200M	172.5M	52.9M	89.2M	122.6M
Depreciation & amortization	11.6M	13.1M	14.8M	13.2M	13.6M	17.2M	18.9M	21.8M	25.3M	30.2M
Stock-based compensation	17.4M	15.5M	20.8M	14.6M	14.6M	19.5M	26.7M	17.5M	17M	26.3M
Change in working capital	-28.7M	-2M	-18.9M	-43.7M	-14.5M	-125.4M	-133.2M	107.2M	-69.9M	-182.3M
Operating cash flow	107.8M	102.1M	113.1M	49.7M	92.9M	109.6M	82.4M	199.8M	61.2M	61.4M
Capital expenditure	-12.2M	-11.7M	-74.9M	-11M	-19.5M	-24.7M	-32.9M	-49.1M	-44.3M	—
Investing cash flow	-8.2M	-14.5M	-79.6M	34.7M	-21.5M	-28.2M	-32.9M	-49.1M	-44.1M	27.6M
Dividends paid	-22.9M	-32.1M	-43.3M	-44M	-48.9M	-54M	-49.9M	-16.7M	-67.3M	-67.2M
Share repurchases	0	0	-33.5M	-26.2M	-25M	-45.7M	-133.2M	0	0	-24.3M
Financing cash flow	27.2M	-31.7M	-126.8M	-70.3M	-73.9M	-99.7M	-183.1M	-16.7M	-67.3M	-91.5M
Net change in cash	126.8M	55.9M	-93.3M	14.1M	-2.6M	-18.3M	-133.7M	134.1M	-50.2M	-2.6M
Free cash flow	113.3M	92.2M	33.4M	66.7M	97.7M	150M	51M	98.8M	32.7M	6.3M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow 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
Net income	10.6M	21.1M	16M	30.8M	30.8M	21.6M	19.5M	16.3M	39.1M	47.7M	66.8M	136.1M
Depreciation & amortization	8M	2.8M	5.6M	5.8M	5.8M	7.3M	7.2M	7.4M	8M	7.5M	9M	9.3M
Stock-based compensation	3.8M	5.8M	3.2M	385K	385K	9.7M	4.8M	175K	5.5M	15.8M	8.4M	3.4M
Change in working capital	—	—	—	—	—	—	—	—	—	—	—	—
Operating cash flow	22.5M	29.7M	24.8M	37M	37M	38.6M	31.5M	-17.3M	26.9M	1.5M	-31.2M	-63.8M
Capital expenditure	-17.1M	-8.4M	-10.7M	-10.4M	-10.4M	-10.7M	-11.6M	—	—	—	—	—
Investing cash flow	-17.1M	-8.4M	-10.7M	-10.4M	-10.4M	-10.5M	-11.6M	—	73K	90K	0	—
Dividends paid	0	-16.7M	-16.8M	-16.8M	-16.8M	-16.8M	-17M	-16.7M	-16.7M	-16.7M	-16.9M	-16.9M
Share repurchases	0	0	—	—	—	—	-24.3M	-21K	0	0	0	0
Financing cash flow	0	-16.7M	-16.8M	-16.8M	-16.8M	-16.8M	-41.2M	-16.8M	-16.7M	-16.7M	-16.9M	42.3M
Net change in cash	5.4M	4.6M	-2.8M	9.8M	9.8M	11.3M	-21.4M	-34M	10.2M	-15.2M	-48.1M	-21.5M
Free cash flow	47.9M	31.5M	-2.9M	11.1M	11.1M	-17M	38.6M	-32.8M	6.8M	-6.3M	-49.4M	-71.5M

Silicon Motion Technology Corp. ADR 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

Cash generation and uses

Condensed cash flow statement