SiTime (SITM) Q1 2026 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Fri, May 8, 2026 astatine 10:08 AM CDT 36 min read

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DATE

Wednesday, May 6, 2026 astatine 5 p.m. ET

CALL PARTICIPANTS

• Chief Executive Officer — Rajesh Vashist

• Chief Financial Officer — Beth Howe

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Full Conference Call Transcript

Rajesh Vashist, Chief Executive Officer; and Beth Howe, Chief Financial Officer. Before we begin, I'd similar to constituent retired that during the people of this call, the institution whitethorn marque forward-looking statements regarding expected aboriginal results, including fiscal position, strategy and plans, aboriginal operations, the timing marketplace and different areas of discussion. It's not imaginable for the company's absorption to foretell each risks nor tin the institution measure the interaction of each factors connected its concern oregon the grade to which immoderate origin oregon operation of factors whitethorn origin existent results to disagree materially from those contained successful immoderate forward-looking statements.

In airy of these risks, uncertainties and assumptions, the forward-looking events discussed during this telephone whitethorn not occur, and existent results could disagree materially and adversely from those anticipated oregon implied. Neither the institution nor immoderate idiosyncratic assumes work for the accuracy and completeness of forward-looking statements. The institution undertakes nary work to publically update forward-looking statements for immoderate crushed aft the day of this telephone to conform statements to existent results oregon to changes successful the company's expectations.

For much elaborate accusation connected risks associated with the business, we notation you to the hazard factors described successful the company's yearly study connected Form 10-K for the twelvemonth ended December 31, 2025, arsenic good arsenic the company's consequent filings with the SEC, including the company's quarterly reports connected Form 10-Q. During the call, absorption volition notation to non-GAAP fiscal measures, which are considered to beryllium an important measurement of institution performance. These non-GAAP fiscal measures are provided successful summation to and not arsenic a substitute for oregon superior to measures of fiscal show prepared successful accordance with U.S. GAAP.

This GAAP to non-GAAP reconciliation includes stock-based compensation expense, amortization of acquired intangibles and acquisition-related expenses, which see transaction and definite different currency costs associated with concern acquisition arsenic good arsenic changes successful the estimated just worth of earn-out liabilities and accretion of acquisition information payable. Please notation to the company's property merchandise issued earlier contiguous for a elaborate reconciliation betwixt GAAP and non-GAAP fiscal results. Unless different specifically noted, each comparisons made during this webcast are year-over-year comparisons with the corresponding twelvemonth agone period. With that, it's present my pleasance to crook the telephone implicit to SiTime's CEO. Rajesh, delight spell ahead.