Silicon Motion Technology Corporation (SIMO) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 342.11M | 278.46M | 242M | 198.68M | 166.49M | 191.16M | 212.41M | 210.67M | 189.31M | 202.38M | 172.33M | 140.36M | 124.07M | 200.76M | 250.81M | 252.37M | 241.98M | 264.36M | 254.24M | 221.1M |
| Revenue Growth % | 105.48% | 45.67% | 13.93% | -5.69% | -12.05% | -5.54% | 23.26% | 50.09% | 52.59% | 0.81% | -31.29% | -44.38% | -48.73% | -24.06% | -1.35% | 14.14% | 32.66% | 83.71% | 101.71% | 61.61% |
| Cost of Goods Sold | 180.84M | 141.69M | 124.31M | 103.99M | 88.13M | 103.56M | 113.14M | 113.89M | 104.19M | 113.89M | 99.19M | 83.94M | 71.73M | 113.92M | 131.69M | 118.74M | 115.87M | 133.13M | 127.07M | 109.97M |
| COGS % of Revenue | 52.86% | 50.88% | 51.37% | 52.34% | 52.93% | 54.17% | 53.27% | 54.06% | 55.04% | 56.28% | 57.56% | 59.8% | 57.81% | 56.75% | 52.51% | 47.05% | 47.88% | 50.36% | 49.98% | 49.74% |
| Gross Profit | 161.26M | 136.77M | 117.69M | 94.69M | 78.37M | 87.6M | 99.27M | 96.78M | 85.12M | 88.49M | 73.14M | 56.42M | 52.34M | 86.84M | 119.12M | 133.63M | 126.11M | 131.23M | 127.17M | 111.13M |
| Gross Margin % | 47.14% | 49.12% | 48.63% | 47.66% | 47.07% | 45.83% | 46.73% | 45.94% | 44.96% | 43.72% | 42.44% | 40.2% | 42.19% | 43.25% | 47.49% | 52.95% | 52.12% | 49.64% | 50.02% | 50.26% |
| Gross Profit Growth % | 105.78% | 56.13% | 18.55% | -2.16% | -7.93% | -1% | 35.73% | 71.52% | 62.63% | 1.9% | -38.6% | -57.78% | -58.5% | -33.83% | -6.33% | 20.24% | 38.19% | 98.7% | 105.69% | 62.49% |
| Operating Expenses | 109.06M | 105.06M | 88.46M | 72.36M | 68.6M | 70.03M | 74.81M | 66.03M | 67.17M | 70.96M | 58.13M | 54.6M | 46.82M | 61.89M | 63.75M | 66.52M | 59.74M | 59.08M | 58.28M | 50.7M |
| OpEx % of Revenue | 31.88% | 37.73% | 36.55% | 36.42% | 41.2% | 36.63% | 35.22% | 31.34% | 35.48% | 35.06% | 33.73% | 38.9% | 37.74% | 30.83% | 25.42% | 26.36% | 24.69% | 22.35% | 22.92% | 22.93% |
| Selling, General & Admin | 22.82M | 24.97M | 19M | 14.21M | 13.57M | 15.71M | 16.32M | 13.94M | 12.78M | 13.8M | 15.8M | 13.27M | 11.97M | 9.98M | 16.32M | 22.56M | 14.12M | 14.34M | 13.68M | 11.73M |
| SG&A % of Revenue | 6.67% | 8.97% | 7.85% | 7.15% | 8.15% | 8.22% | 7.69% | 6.62% | 6.75% | 6.82% | 9.17% | 9.45% | 9.65% | 4.97% | 6.51% | 8.94% | 5.84% | 5.42% | 5.38% | 5.31% |
| Research & Development | 86.24M | 80.08M | 69.46M | 59.13M | 55.03M | 54.16M | 58.49M | 50.6M | 54.05M | 57.19M | 41.74M | 41.34M | 34.85M | 51.92M | 47.73M | 43.26M | 45.62M | 44.75M | 44.6M | 38.96M |
| R&D % of Revenue | 25.21% | 28.76% | 28.7% | 29.76% | 33.05% | 28.33% | 27.53% | 24.02% | 28.55% | 28.26% | 24.22% | 29.45% | 28.09% | 25.86% | 19.03% | 17.14% | 18.85% | 16.93% | 17.54% | 17.62% |
| Other Operating Expenses | 0 | 0 | 0 | -980.47K | 0 | 164K | 0 | 1000K | 339.74K | 184.56K | 591K | 0 | 0 | -10K | 0 | 700K | 1K | -80K | 0 | 0 |
| Operating Income | 52.2M | 31.71M | 29.23M | 22.33M | 9.77M | 17.73M | 24.46M | 30.75M | 17.95M | 17.57M | 15.01M | 1.82M | 5.49M | 25.08M | 55.37M | 67.11M | 66.36M | 72.15M | 68.89M | 60.44M |
| Operating Margin % | 15.26% | 11.39% | 12.08% | 11.24% | 5.87% | 9.28% | 11.52% | 14.59% | 9.48% | 8.68% | 8.71% | 1.3% | 4.42% | 12.49% | 22.08% | 26.59% | 27.42% | 27.29% | 27.1% | 27.33% |
| Operating Income Growth % | 434.55% | 78.82% | 19.51% | -27.38% | -45.59% | 0.95% | 62.98% | 1591.25% | 227.26% | -29.95% | -72.9% | -97.29% | -91.73% | -65.24% | -19.63% | 11.05% | 49.49% | 17982.21% | 166.58% | 100.53% |
| EBITDA | 61.16M | 39.18M | 37.27M | 29.77M | 16.99M | 24.99M | 30.26M | 36.53M | 23.56M | 22.99M | 23.01M | 7.17M | 11.11M | 30.02M | 60.19M | 71.8M | 70.79M | 77.2M | 73.07M | 64.52M |
| EBITDA Margin % | 17.88% | 14.07% | 15.4% | 14.99% | 10.21% | 13.07% | 14.25% | 17.34% | 12.44% | 11.36% | 13.35% | 5.11% | 8.95% | 14.95% | 24% | 28.45% | 29.26% | 29.2% | 28.74% | 29.18% |
| EBITDA Growth % | 259.94% | 56.77% | 23.16% | -18.49% | -27.88% | 8.67% | 31.5% | 409.33% | 112.04% | -23.39% | -61.76% | -90.01% | -84.31% | -61.12% | -17.63% | 11.28% | 46.64% | 1811.28% | 150.55% | 92.59% |
| D&A (Non-Cash Add-back) | 8.95M | 7.46M | 8.04M | 7.45M | 7.22M | 7.26M | 5.8M | 5.78M | 5.61M | 5.43M | 8.01M | 5.35M | 5.63M | 4.94M | 4.82M | 4.68M | 4.43M | 5.05M | 4.18M | 4.08M |
| EBIT | 75.6M | 58.11M | 44.97M | 20.68M | 16.36M | 33M | 26.89M | 32M | 20M | 20.9M | 16.15M | 11.91M | 12.32M | 25.07M | 55.07M | 65.37M | 66.44M | 73.12M | 69.11M | 61.67M |
| Net Interest Income | 1.62M | 26.11M | 2.16M | 2.75M | 2.93M | 3.77M | 3.52M | 4.17M | 3.07M | 4.22M | 3.48M | 2.74M | 1.81M | 1.26M | 750K | 365K | 260K | 270K | 312K | 336K |
| Interest Income | 1.62M | 26.11M | 2.16M | 2.75M | 2.93M | 3.77M | 3.52M | 4.17M | 3.07M | 4.22M | 3.48M | 2.74M | 1.81M | 1.26M | 750K | 365K | 260K | 270K | 312K | 336K |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 23.39M | 26.4M | 15.74M | -1.65M | 6.6M | 5.77M | 2.43M | 6.28M | 2.05M | 3.06M | 1.22M | 10.09M | 6.79M | 1.59M | -1.54M | -1.82M | 426K | 787K | 198K | 855K |
| Pretax Income | 75.6M | 58.11M | 44.97M | 20.68M | 16.36M | 23.5M | 26.89M | 37.02M | 20M | 20.63M | 16.23M | 11.91M | 12.28M | 26.67M | 53.83M | 65.29M | 66.79M | 72.94M | 69.09M | 61.29M |
| Pretax Margin % | 22.1% | 20.87% | 18.58% | 10.41% | 9.83% | 12.29% | 12.66% | 17.57% | 10.56% | 10.19% | 9.42% | 8.49% | 9.9% | 13.29% | 21.46% | 25.87% | 27.6% | 27.59% | 27.17% | 27.72% |
| Income Tax | 8.8M | 10.36M | 5.86M | 4.37M | -3.1M | 1.93M | 6.04M | 6.2M | 3.98M | -464K | 5.64M | 868K | 2.13M | 3.14M | 10.94M | 13.71M | 12.29M | 12.36M | 13.66M | 11.75M |
| Effective Tax Rate % | 11.64% | 17.83% | 13.02% | 21.14% | -18.94% | 8.23% | 22.48% | 16.75% | 19.9% | -2.25% | 34.76% | 7.29% | 17.34% | 11.77% | 20.32% | 20.99% | 18.4% | 16.94% | 19.78% | 19.17% |
| Net Income | 66.8M | 47.75M | 39.11M | 16.31M | 19.46M | 21.57M | 20.84M | 30.82M | 16.02M | 21.09M | 10.59M | 11.04M | 10.15M | 23.54M | 42.89M | 51.58M | 54.5M | 60.63M | 55.42M | 49.55M |
| Net Margin % | 19.53% | 17.15% | 16.16% | 8.21% | 11.69% | 11.28% | 9.81% | 14.63% | 8.46% | 10.42% | 6.14% | 7.87% | 8.18% | 11.72% | 17.1% | 20.44% | 22.52% | 22.94% | 21.8% | 22.41% |
| Net Income Growth % | 243.21% | 121.38% | 87.65% | -47.08% | 21.52% | 2.26% | 96.87% | 179.07% | 57.79% | -10.38% | -75.32% | -78.59% | -81.38% | -61.18% | -22.61% | 4.11% | 58.44% | 4378.21% | 128.39% | 75.62% |
| Net Income (Continuing) | 66.8M | 47.75M | 39.11M | 16.31M | 19.46M | 21.57M | 20.84M | 30.82M | 16.02M | 21.09M | 10.59M | 11.04M | 10.15M | 23.54M | 42.89M | 51.58M | 54.5M | 60.63M | 55.42M | 49.55M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 7.88 | 5.68 | 4.64 | 1.96 | 0.56 | 0.68 | 0.64 | 0.92 | 0.48 | 0.64 | 0.31 | 0.33 | 0.31 | 0.71 | 1.29 | 1.55 | 1.60 | 1.73 | 1.58 | 1.42 |
| EPS Growth % | 1307.14% | 735.29% | 625% | 113.04% | 16.67% | 6.25% | 106.45% | 178.79% | 54.84% | -9.86% | -75.97% | -78.71% | -80.63% | -58.96% | -18.35% | 9.15% | 63.27% | 4313.27% | 125.71% | 77.5% |
| EPS (Basic) | 7.92 | 5.68 | 4.68 | 1.96 | 0.56 | 0.68 | 0.64 | 0.92 | 0.48 | 0.64 | 0.32 | 0.33 | 0.31 | 0.71 | 1.30 | 1.56 | 1.61 | 1.74 | 1.59 | 1.42 |
| Diluted Shares Outstanding | 8.48M | 8.4M | 8.4M | 8.39M | 33.56M | 33.81M | 33.7M | 33.7M | 33.7M | 33.59M | 33.47M | 33.44M | 33.38M | 33.21M | 33.14M | 33.19M | 34.01M | 35.07M | 35.02M | 34.95M |
| Basic Shares Outstanding | 8.42M | 8.39M | 8.39M | 8.39M | 33.56M | 33.88M | 33.69M | 33.68M | 33.51M | 33.42M | 33.41M | 33.41M | 33.18M | 33.05M | 33.05M | 33.12M | 33.81M | 34.87M | 34.93M | 34.93M |
| Dividend Payout Ratio | 25.33% | 35.08% | 42.82% | 104.63% | 87.12% | 77.95% | 80.66% | 54.44% | 104.29% | 79.23% | 0% | 0.14% | - | 1.65% | 37.59% | 31.97% | 31.11% | 28.75% | 22.02% | 24.63% |