Welcome to our dedicated page for SiTime news (Ticker: SITM), a resource for investors and traders seeking the latest updates and insights on SiTime stock.
SiTime Corporation reports news about its Precision Timing business, including semiconductor MEMS programmable solutions used to provide timing functionality for electronics. Company updates cover product introductions such as Elite 2 Super-TCXO, applications in AI data centers, automated driving, industrial and humanoid robots, wearables and IoT, and developments across the company’s fabless timing-systems model.
Recurring SiTime news also includes quarterly and annual financial results, conference participation, governance changes, and material corporate events. Coverage centers on revenue trends, GAAP and non-GAAP operating metrics, product positioning against quartz timing technologies, and board-level updates for the Nasdaq-listed semiconductor company.
Tradr ETFs announced the launch of three new Cboe-listed leveraged single-stock ETFs seeking 2x (200%) the daily performance of their underlying semiconductor stocks. The new funds are the Tradr 2X Long MRAM Daily ETF (MRAX) tracking Everspin Technologies, Tradr 2X Long SITM Daily ETF (SITX) tracking SiTime, and Tradr 2X Long UMC Daily ETF (UMCU) tracking United Microelectronics.
According to Tradr ETFs, MRAX and SITX are first-to-market leveraged ETFs on Everspin and SiTime. With these launches, Tradr’s lineup grows to 75 leveraged ETFs aimed at sophisticated investors and professional traders. The firm highlights significant risks, including potential total loss if the underlying stock moves more than 50% adversely in a single day.
Tradr ETFs announced plans to launch three Cboe-listed single-stock leveraged ETFs on August 11, each seeking to deliver 2x (200%) the daily performance of its underlying stock: Tradr 2X Long MRAM Daily ETF (MRAX) tracking Everspin Technologies (MRAM), Tradr 2X Long SITM Daily ETF (SITX) tracking SiTime (SITM), and Tradr 2X Long UMC Daily ETF (UMCU) tracking United Microelectronics (UMC).
According to Tradr ETFs, these products are intended for sophisticated investors and short-term trading, involve significant leverage-related risks, can experience amplified volatility, and may suffer total capital loss if the underlying stock moves more than 50% adversely in a single day.
SiTime (Nasdaq: SITM) reported second quarter 2026 net revenue of $157.4 million, up 127% from $69.5 million a year earlier. GAAP gross margin was 63.0%, with GAAP income from operations of $8.2 million and GAAP net income of $18.2 million, or $0.66 per diluted share.
Non-GAAP results showed gross margin of 67.1%, operating income of $53.5 million and net income of $65.6 million, or $2.34 per diluted share. For the first six months of 2026, revenue was $271.0 million versus $129.8 million in 2025, with GAAP net income of $12.9 million and non-GAAP net income of $104.6 million. Cash, cash equivalents and short-term investments totaled $1.921 billion on June 30, 2026, including net proceeds from a convertible senior notes offering used to fund the July 1, 2026 acquisition of certain timing assets from Renesas Electronics, adding over 550 clocking products. SiTime also granted 109,689 RSUs on August 3, 2026 to 168 new hires under its inducement plan.
SiTime (Nasdaq:SITM) will announce its second quarter 2026 financial results on Wednesday, August 5, 2026, after market close.
CEO Rajesh Vashist and CFO Beth Howe will host a conference call at 2:00 p.m. Pacific Time, with a live webcast and 90-day archive on the investor relations website.
SiTime (Nasdaq: SITM) completed the acquisition of Renesas’ timing business assets, positioning itself as a premier pure-play precision timing company. The deal is intended to accelerate SiTime’s path to $1 billion in revenue, expand its clocking portfolio by 10x and scale gross margins.
The acquired business has a 30-year clocking legacy, serves over 10,000 customers and has historically delivered about 70% gross margin, with nearly 75% of revenue from AI-datacenter-communications. According to SiTime, the business is expected to generate at least $300 million of revenue in the 12 months post-acquisition. SiTime and Renesas also plan strategic collaboration on integrating SiTime’s MEMS resonators into Renesas’ embedded computing products, and Renesas CEO Hidetoshi Shibata is expected to join SiTime’s board.
SiTime (Nasdaq: SITM) announced that chief financial officer Beth Howe will participate in the Evercore Global TMT Conference at The Omni Hotel, San Francisco.
Management will host a fireside chat at 10:25 a.m. PT on June 3, 2026, with live and archived webcasts available on SiTime’s investor relations Events page.
SiTime (NASDAQ:SITM) priced an upsized underwritten offering of $1.2 billion 0% Convertible Senior Notes due 2031, increased from $1.1 billion. Net proceeds are estimated at $1.17–$1.32 billion, mainly to fund the Renesas timing business asset acquisition, capped call costs and general corporate purposes.
The Notes mature on June 15, 2031, are convertible at an initial price of $1,040.47 per share (about 50% premium), and are hedged with capped call transactions capped at $1,734.15 per share to help limit dilution.
SiTime (NASDAQ: SITM) plans to offer $1.1 billion of Convertible Senior Notes due 2031, with a $150 million over-allotment option. The unsecured notes pay semiannual interest and mature on June 15, 2031.
Net proceeds are expected to help fund the Renesas timing asset acquisition, capped call costs, and general corporate purposes.
SiTime (Nasdaq: SITM) announced that the Hart-Scott-Rodino Act waiting period for its pending acquisition of certain assets from Renesas Electronics America expired at 11:59 p.m. ET on May 8, 2026, satisfying a key closing condition.
SiTime has a $900 million bridge loan commitment from Wells Fargo; closing still depends on other customary conditions and is not conditioned on this financing.
SiTime (Nasdaq: SITM) reported Q1 2026 results on May 6, 2026. Net revenue was $113.6 million, up 88.3% YoY. GAAP gross profit was $67.0 million (59.0% margin) and GAAP net loss was $5.2 million, or $0.20 per diluted share. Non-GAAP net income was $38.9 million, or $1.44 per diluted share. Cash, cash equivalents and short-term investments totaled $788.7 million on March 31, 2026. The company granted 41,471 RSUs as inducements and will host a conference call May 6, 2026 at 2:00 p.m. PT.