SiTime Corporation (SITM) Stock

SiTime Corporation (SITM) is a Technology stock trading at $554.83 (as of 2026-07-17), with a market capitalization of $14.65B. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

SiTime Corporation designs, develops, and sells silicon timing systems, including resonators and clock integrated circuits, as well as oscillators. It serves communications and enterprise, automotive, industrial, Internet of Things, mobile, consumer, and aerospace/defense markets through distributors and resellers.

Understand SiTime Corporation: how it makes money

SiTime designs and sells silicon timing systems, including resonators and clock integrated circuits, sold through distributors and resellers for uses across communications, enterprise, automotive, industrial, IoT, mobile, consumer, and aerospace and defense.

The profit model appears to be driven by design-ins that become sole-sourced, with sole-sourced designs share at 85% and sole-sourced revenue share at 83%, which then scales through high-volume precision timing chip shipments (3,000,000,000).

Revenue by segment (latest quarter)
Comm/Datacenter$0.1B
Mobile IoT/Consumer$0.0B

Business quality (Weak): Gross margin is high (59.0%), but operating margin is negative (-10.9%), so execution and operating leverage are key while demand indicators and design-in momentum are tracked.

Bull case

  • Demand and intake signal: Book-to-bill ratio is 1.5 for the latest period candidate, and Communications enterprise and data center revenue is 0.08B.
  • Potential pricing power via design lock-in: Single-sourced revenue share is 85%, sole-sourced revenue share is 83%, and sole-sourced designs share is 85%, alongside Design wins mix in focus segments at 65%.

Bear case

  • Current profitability is weak: Operating margin is -10.9%, indicating losses at the operating level even with gross margin of 59.0%.
  • Customer concentration risk: Sales concentration from largest end customer is 18%, and revenue from the largest customer (mobile IoT and consumer) is 0.02B, which can increase the impact of any specific customer slowdown.
Valuation — source: SEC EDGAR (first-party)
Price$554.83
Market Cap$14.65B
Price / Book12.64
Price / Sales38.55
FCF Yield0.4%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$326.66M
Net Margin-13.1%
Revenue Growth (YoY)88.3%
EPS Growth (YoY)-80.2%
FCF Growth (YoY)-1500.4%
Financial Health — source: SEC EDGAR
Altman Z-Score63.85 (safe)
Valuation vs Sector & Industry
Sector P/E (Technology)34.7
Industry P/E (Electronic Equipment)40.6
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderFMR LLC ($1.37B)
Institutional Holders Tracked10
Company
SectorTechnology
IndustryElectronic Equipment
CEORajesh Vashist
Employees395
CountryUS
IPO Date2019-11-20

Related Companies (Business model: Fabless Semiconductors; 8 closest by market cap; US-domiciled)

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SITM earnings history · SITM institutional & insider holders · SITM KPIs & operating metrics · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-07-17.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.