Silicon Motion Technology Corporation (NASDAQ: SIMO) closed at $125.00 on Wednesday, marking an intraday increase of 0.04% in U.S. trading as the market reacted to the company’s fourth-quarter and full-year earnings release.
Market Capitalization
Silicon Motion’s market capitalization is approximately $4.0 billion based on the latest share price and outstanding shares.
Latest Quarterly Results
For the quarter ended December 31, 2025, Silicon Motion reported:
- Net revenue: $278.5 million, up from $191.2 million in Q4 2024 (+46% YoY).
- GAAP net income: $47.7 million, compared with $21.6 million in Q4 2024.
- Earnings per diluted ADS (GAAP): $1.41, versus $0.64 in the prior year.
- Non-GAAP EPS: $1.26, compared with $0.87 in the year-ago quarter.
Full-Year Results Context
For the full fiscal year 2025, Silicon Motion reported:
- Net revenue: $885.6 million, up from $803.6 million in 2024 (+10% YoY).
- GAAP net income: $122.6 million, compared with $89.3 million in the prior year.
- GAAP EPS: $3.64 in 2025 versus $2.56 in 2024.
Business & Operations Update
During the fourth quarter, sales increased across core segments. SSD controller revenue grew both quarter-over-quarter and year-over-year, driven by demand for PCIe Gen5 and other controller products. eMMC and UFS controller sales also rose, and the company reported higher SSD solutions sales versus prior periods. An annual cash dividend of $2.00 per ADS was declared.
M&A or Strategic Moves
There were no announced mergers, acquisitions, or divestitures disclosed in connection with the Q4 2025 results. Official company communications focused on quarterly performance and outlook without reference to strategic transactions.
Equity Analyst Commentary
Institutional research and market commentary following the earnings release underscored Silicon Motion’s year-over-year revenue and earnings growth, expansion in controller solutions for SSDs and storage products, and the company’s financial trajectory into 2026. Coverage also highlighted revenue beats against expectations and the company’s forthcoming revenue outlook for the first quarter of 2026.
Guidance & Outlook
Silicon Motion provided guidance for the first quarter of 2026, expecting revenue in the range of $292 million to $306 million, representing year-over-year growth and sequential increases from Q4 2025 levels. The company also projected gross and operating margin ranges for the upcoming quarter, reflecting anticipated performance in early 2026.
Performance Summary
Silicon Motion’s shares gained slightly in response to Q4 2025 earnings and guidance. Quarterly revenue rose sharply year-over-year, with net income expanding on both GAAP and non-GAAP bases. Full-year 2025 revenue and profit increased compared with the prior year. 2026 first-quarter revenue expectations point to continued growth.