This page shows Silicon Motion Technology Corp (SIMO) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Silicon Motion Technology Corp generated $803.6M in revenue in fiscal year 2024. This represents an increase of 25.7% from the prior year.
Silicon Motion Technology Corp's EBITDA was $116.2M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 88.4% from the prior year.
Silicon Motion Technology Corp generated $32.7M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 66.8% from the prior year.
Silicon Motion Technology Corp reported $89.2M in net income in fiscal year 2024. This represents an increase of 68.8% from the prior year.
Silicon Motion Technology Corp earned $0.66 per diluted share (EPS) in fiscal year 2024. This represents an increase of 65.0% from the prior year.
Silicon Motion Technology Corp held $276.1M in cash against $0 in long-term debt as of fiscal year 2024.
Silicon Motion Technology Corp paid $0.50 per share in dividends in fiscal year 2024. This represents an increase of 0.0% from the prior year.
Silicon Motion Technology Corp had 135M shares outstanding in fiscal year 2024. This represents an increase of 0.8% from the prior year.
Silicon Motion Technology Corp's gross margin was 45.9% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 3.6 percentage points from the prior year.
Silicon Motion Technology Corp's operating margin was 11.3% in fiscal year 2024, reflecting core business profitability. This is up 5.1 percentage points from the prior year.
Silicon Motion Technology Corp's net profit margin was 11.1% in fiscal year 2024, showing the share of revenue converted to profit. This is up 2.8 percentage points from the prior year.
Silicon Motion Technology Corp's ROE was 11.6% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 4.4 percentage points from the prior year.
Silicon Motion Technology Corp invested $217.8M in research and development in fiscal year 2024. This represents an increase of 24.9% from the prior year.
Silicon Motion Technology Corp spent $0 on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
Silicon Motion Technology Corp invested $44.4M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 11.8% from the prior year.
SIMO Income Statement
| Metric | Q4'24 | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 | Q4'19 | Q4'18 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
SIMO Balance Sheet
| Metric | Q4'24 | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 | Q4'19 | Q4'18 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.0B+2.3% | $1.0B+4.9% | $961.3M-1.0% | $971.3M+30.9% | $742.1M+6.4% | $697.7M+3.7% | $672.6M-3.0% | $693.7M |
| Current Assets | $794.9M+0.2% | $793.2M+0.7% | $787.9M-3.7% | $818.1M+32.4% | $618.1M+9.4% | $565.2M+13.4% | $498.5M-12.4% | $568.8M |
| Cash & Equivalents | $276.1M-12.2% | $314.3M+35.4% | $232.2M-35.5% | $360.1M+5.0% | $343.0M+6.1% | $323.2M+13.4% | $285.0M-20.7% | $359.5M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | $0-100.0% | $17.5M-70.0% | $58.3M-1.1% | $59.0M |
| Total Liabilities | $259.1M-5.2% | $273.3M+19.5% | $228.6M-27.1% | $313.7M+70.2% | $184.3M+14.5% | $160.9M+14.7% | $140.3M-29.7% | $199.7M |
| Current Liabilities | $199.5M-6.3% | $212.8M+15.7% | $183.9M-34.7% | $281.5M+77.3% | $158.7M+20.7% | $131.5M+15.7% | $113.7M-35.9% | $177.2M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $108K |
| Total Equity | $772.3M+5.1% | $734.7M+0.3% | $732.6M+11.4% | $657.6M+17.9% | $557.7M+3.9% | $536.8M+0.8% | $532.3M+7.7% | $494.1M |
| Retained Earnings | $432.6M+5.2% | $411.2M-3.3% | $425.1M+3.2% | $412.1M+46.4% | $281.6M+3.9% | $271.0M-10.2% | $301.9M+22.0% | $247.5M |
SIMO Cash Flow Statement
| Metric | Q4'24 | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 | Q4'19 | Q4'18 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
SIMO Financial Ratios
| Metric | Q4'24 | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 | Q4'19 | Q4'18 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Current Ratio | 3.98+0.3 | 3.73-0.6 | 4.29+1.4 | 2.91-1.0 | 3.89-0.4 | 4.30-0.1 | 4.39+1.2 | 3.21 |
| Debt-to-Equity | 0.34-0.0 | 0.37+0.1 | 0.31-0.2 | 0.48+0.1 | 0.33+0.0 | 0.30+0.0 | 0.26+0.3 | 0.00 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks.
Bankruptcy risk indicator. Above 2.99 = safe, below 1.81 = distress.
Financial strength trend (9 signals). 7-9 = strong, 0-3 = weak.
Operating cash flow vs net income. Above 1.0x = cash-backed earnings.
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Frequently Asked Questions
What is Silicon Motion Technology Corp's annual revenue?
Silicon Motion Technology Corp (SIMO) reported $803.6M in total revenue for fiscal year 2024. This represents a 25.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Silicon Motion Technology Corp's revenue growing?
Silicon Motion Technology Corp (SIMO) revenue grew by 25.7% year-over-year, from $639.1M to $803.6M in fiscal year 2024.
Is Silicon Motion Technology Corp profitable?
Yes, Silicon Motion Technology Corp (SIMO) reported a net income of $89.2M in fiscal year 2024, with a net profit margin of 11.1%.
What is Silicon Motion Technology Corp's earnings per share (EPS)?
Silicon Motion Technology Corp (SIMO) reported diluted earnings per share of $0.66 for fiscal year 2024. This represents a 65.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Silicon Motion Technology Corp's EBITDA?
Silicon Motion Technology Corp (SIMO) had EBITDA of $116.2M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Silicon Motion Technology Corp's gross margin?
Silicon Motion Technology Corp (SIMO) had a gross margin of 45.9% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Silicon Motion Technology Corp's operating margin?
Silicon Motion Technology Corp (SIMO) had an operating margin of 11.3% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Silicon Motion Technology Corp's net profit margin?
Silicon Motion Technology Corp (SIMO) had a net profit margin of 11.1% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
Does Silicon Motion Technology Corp pay dividends?
Yes, Silicon Motion Technology Corp (SIMO) paid $0.50 per share in dividends during fiscal year 2024.
What is Silicon Motion Technology Corp's return on equity (ROE)?
Silicon Motion Technology Corp (SIMO) has a return on equity of 11.6% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Silicon Motion Technology Corp's free cash flow?
Silicon Motion Technology Corp (SIMO) generated $32.7M in free cash flow during fiscal year 2024. This represents a -66.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Silicon Motion Technology Corp's operating cash flow?
Silicon Motion Technology Corp (SIMO) generated $77.1M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Silicon Motion Technology Corp's total assets?
Silicon Motion Technology Corp (SIMO) had $1.0B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Silicon Motion Technology Corp's capital expenditures?
Silicon Motion Technology Corp (SIMO) invested $44.4M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Silicon Motion Technology Corp spend on research and development?
Silicon Motion Technology Corp (SIMO) invested $217.8M in research and development during fiscal year 2024.
How many shares does Silicon Motion Technology Corp have outstanding?
Silicon Motion Technology Corp (SIMO) had 135M shares outstanding as of fiscal year 2024.
What is Silicon Motion Technology Corp's current ratio?
Silicon Motion Technology Corp (SIMO) had a current ratio of 3.98 as of fiscal year 2024, which is generally considered healthy.
What is Silicon Motion Technology Corp's debt-to-equity ratio?
Silicon Motion Technology Corp (SIMO) had a debt-to-equity ratio of 0.34 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Silicon Motion Technology Corp's return on assets (ROA)?
Silicon Motion Technology Corp (SIMO) had a return on assets of 8.6% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Silicon Motion Technology Corp's Altman Z-Score?
Silicon Motion Technology Corp (SIMO) has an Altman Z-Score of 13.24, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress.
What is Silicon Motion Technology Corp's Piotroski F-Score?
Silicon Motion Technology Corp (SIMO) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals.
Are Silicon Motion Technology Corp's earnings high quality?
Silicon Motion Technology Corp (SIMO) has an earnings quality ratio of 0.86x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation.
How financially healthy is Silicon Motion Technology Corp?
Silicon Motion Technology Corp (SIMO) scores 70 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks.