Quarterly ResultJul 29, 2026, 08:06 AM
Silicom Q2 Revenue +59% to $23.8M; Raises FY Guidance to $93-95M
AI Summary
Silicom reported strong financial results for the second quarter of 2026, with revenue increasing 59% year-over-year to $23.8 million. The company significantly improved its net loss, both on a GAAP and non-GAAP basis, and now projects a return to quarterly non-GAAP profitability by the end of the year, earlier than anticipated. Driven by faster-than-projected growth in its core business and initial AI-Inference production orders, Silicom raised its full-year revenue guidance to $93-$95 million, representing over 50% growth. The company also achieved a major strategic milestone with its first AI-Inference production order and secured seven new Design Wins.
Key Highlights
- Q2 2026 revenue increased 59% to $23.8 million, up from $15.0 million in Q2 2025.
- GAAP net loss for Q2 2026 improved 37% to $2.1 million, or $0.37 per share, from $3.3 million.
- Non-GAAP net loss for Q2 2026 was $0.9 million, or $0.16 per share, compared to $2.0 million.
- Full-year 2026 revenue guidance raised to $93-$95 million, representing over 50% growth.
- Q3 2026 revenue expected to reach $25-$26 million, indicating 66% year-over-year growth at the high end.
- Secured seven new Design Wins year-to-date, meeting the lower end of the full-year target.
- Achieved first production order for an AI-Inference-specific solution.
Price Impact
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