Silicon Motion Technology Corporation plans to release its third-quarter 2026 financial results after market close on October 28, 2026, and hold a conference call on October 29, 2026, at 8:00 a.m. Eastern Time. Participants must register in advance; call access information will be emailed after registration, and the call will be webcast on the company’s website.
Silicon Motion Technology Corporation (SIMO) reported the voting results of its 2026 Annual General Meeting of Shareholders held on September 22, 2026. A total of 135,372,262 ordinary shares were represented in person or by proxy, out of 135,632,940 ordinary shares issued and outstanding, constituting a quorum.
Shareholders approved the re-election of Mr. Tsung-Ming Chung and Mr. Steve Chen as directors as an ordinary resolution, with 118,534,106 votes for, 16,636,360 against, and 201,796 abstaining. Shareholders also approved, as an ordinary resolution, the ratification of Deloitte & Touche as independent auditors for the fiscal year ending December 31, 2026, with 131,271,102 votes for, 3,746,204 against, and 354,956 abstaining.
Silicon Motion Technology Corporation completed a private offering of $1,150,000,000 aggregate principal amount of 0.00% Convertible Senior Notes due 2031, including the full exercise of an additional $150,000,000 option granted to the initial purchasers. The Notes are senior, unsecured obligations that bear no regular interest and whose principal does not accrete, maturing on August 15, 2031, unless earlier repurchased, redeemed or converted.
Holders may convert their Notes upon specified conditions before May 15, 2031, and at any time thereafter until shortly before maturity. On conversion, the company will settle the principal (or, if less, the conversion value) in cash, with any excess value in cash, American depositary shares (ADSs) representing four ordinary shares per ADS, or a combination, at its election. The Notes may be redeemed by the company in certain tax-related events, and, on or after August 20, 2029, may be optionally redeemed for cash if the ADS price reaches at least 130% of the conversion price for a specified period and other conditions are met. Holders also have repurchase rights upon a fundamental change or on August 15, 2029. The Notes include customary covenants and events of default and were sold to qualified institutional buyers.
Silicon Motion Technology Corporation reported that it has priced an upsized private offering of $1.0 billion aggregate principal amount of 0.00% convertible senior notes due 2031 to qualified institutional buyers, increased from a previously announced $800 million. Initial purchasers have a 13-day option to buy up to an additional $150 million of notes. The notes are senior unsecured, bear no regular interest, and mature on August 15, 2031, with conversion rights beginning upon specified conditions and becoming freely exercisable after May 15, 2031.
The initial conversion rate is 2.6281 ADSs per $1,000 principal amount, implying a conversion price of $380.50 per ADS, a 65.0% premium to the $230.61 last reported ADS price on August 10, 2026. Silicon Motion expects net proceeds of $980 million (or $1,127 million if the option is fully exercised) and intends to use them for general corporate purposes and to repay amounts outstanding under its credit agreement.
Silicon Motion Technology Corporation reported strong interim results for the six months ended June 30, 2026 and outlined a major financing plan. The company intends to offer, subject to market and other conditions, $800,000,000 aggregate principal amount of 0.00% convertible senior notes due 2031 in a private offering to qualified institutional buyers, with an expected option for initial purchasers to buy up to an additional $120,000,000 of notes. The notes will be senior unsecured obligations, carry no regular interest, and mature on August 15, 2031, with cash or ADS settlement upon conversion.
For the first half of 2026, net sales were $793.1 million, up sharply from $365.2 million a year earlier, and operating income rose to $153.3 million from $32.1 million. Net income increased to $202.9 million, aided by a $96.4 million unrealized holding gain on marketable equity investments. At June 30, 2026, total assets were $1.61 billion, including $673.0 million of inventories and $74.4 million of cash and cash equivalents, while operating activities used $95.0 million of cash in the period. The company also entered into $250.0 million of new revolving credit facilities, with $59.2 million drawn as of June 30, 2026.
FMR LLC filed Amendment No. 4 to a Schedule 13G reporting its beneficial ownership of common stock of Silicon Motion Technology Corporation. FMR LLC reports beneficial ownership of 9,111,296.02 shares of common stock, representing 6.7% of the class as of June 30, 2026. FMR LLC reports sole voting powersole dispositive power
Abigail P. Johnson is also reported as a beneficial owner of 9,111,296.02 shares, or 6.7% of the class, with sole dispositive powerStephanie J. Brown under powers of attorney.
Silicon Motion Technology Corporation delivered very strong 2Q 2026 results, with GAAP net sales of $451.0 million, up 32% sequentially and 127% year-over-year. GAAP net income was $136.1 million, or $3.99 per diluted ADS, and non-GAAP net income was $83.1 million, or $2.43 per diluted ADS.
Gross margin expanded to 50.2% and GAAP operating margin to 22.4%, driven by embedded eMMC & UFS, enterprise and edge SSD controllers, and Ferri storage solutions. Management described the first half as a record-breaking start and expects to deliver the highest annual revenue in the company’s history, growing more than 100% year-over-year.
Cash, cash equivalents and restricted cash ended at $181.8 million, down from $210.9 million in 1Q, while inventories rose to $673.0 million and the company added $59.2 million of bank loans. For 3Q 2026, revenue is expected between $519 million and $541 million, with GAAP gross margin of 49.9–50.9% and operating margin of 24.4–25.7%. A $2.00 per ADS annual dividend continues, with the fourth $0.50 installment scheduled for August 20, 2026.
Silicon Motion Technology Corporation confirms a previously declared quarterly cash dividend under its annual dividend program.
On October 27, 2025, the board declared an annual dividend of US$2.00 per ADS, equivalent to US$0.50 per ordinary share, payable in four quarterly installments of $0.50 per ADS, equivalent to US$0.125 per ordinary share. The next installment will be paid on August 20, 2026 to shareholders of record on August 6, 2026, when the depository bank’s DR Books will be closed for issuance and cancellation. The company notes that any future cash dividends remain subject to ongoing board determination and applicable legal and contractual requirements.
Silicon Motion Technology Corporation is informing investors that it will release its second quarter 2026 financial results after the market closes on July 29, 2026 and will host an earnings conference call on July 30, 2026 at 8:00 a.m. Eastern Time. Participants must pre-register via the provided online link to receive dial-in details and a unique access PIN. The call will also be available as a webcast on the company’s website.
The company describes itself as a global leader in NAND flash controllers for solid state storage used in servers, PCs, smartphones, IoT devices, data centers, industrial and automotive applications, serving major NAND vendors, module makers and OEMs. The release also includes standard forward-looking statement language outlining various operational, market, geopolitical, technology and macroeconomic risks that could cause actual results to differ from expectations.
Silicon Motion Technology CORP director Han-Ping Shieh sold American depositary shares in two June 2026 open-market transactions. He sold 1,000 ADS on June 2, 2026 at $301.2500 per ADS and another 1,000 ADS on June 18, 2026 at $328.0000 per ADS. After these sales, he directly held 6,655.8700 American depositary shares. Each American depositary share represents four ordinary shares of Silicon Motion Technology Corp.