Quarterly ResultMay 5, 2026, 04:09 PM
Silicon Labs Q1 Revenue $214M (+20% YoY); Non-GAAP EPS $0.53
AI Summary
Silicon Labs reported strong first-quarter 2026 results, with revenue reaching $214 million, a 20% increase year-over-year, and non-GAAP diluted earnings per share of $0.53. The company saw accelerated bookings and declining inventory, particularly in its industrial business, and achieved record design wins. Due to its pending acquisition by Texas Instruments, Silicon Labs has suspended providing forward-looking guidance.
Key Highlights
- Revenue was $214 million, up 20% year-over-year
- Non-GAAP diluted earnings per share was $0.53
- GAAP diluted loss per share was $(0.48)
- Industrial & Commercial revenue was $128 million, up 33% year-over-year
- Home & Life revenue was $86 million, up 5% year-over-year
- Non-GAAP gross margin was 59.7%
- Book-to-bill ratio at a multi-year high