Silicon Laboratories, Inc.

The grade, in three tenses

Headline 5.4 out of ten, 9 of 9 metrics filed: past 4.4 out of ten, present 5.3 out of ten, future 6.6 out of ten. The past asks what it actually did, the present what it is doing right now, the future what it is set up to do next.

The nine metrics

• Surviving crises (past): 3.5 out of ten. 1 warning event since 2017; the latest 2025-03-06. 35th percentile among 99 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).
• Track record (past): 2.7 out of ten. +1.3% a year over 10 filed years; profitable in 0 of 3. 27th percentile among 93 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).
• Shareholder treatment (past): 9.3 out of ten. Share count shrank 3.2% a year. 100% of cash flow returned. Insiders: 5 sales, 0 purchases. 93rd percentile among 67 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).
• Financial health (present): 6.1 out of ten. ROE -6%: lost 6¢ per shareholder dollar. Leverage 14%: owes 14¢ per asset dollar. 61st percentile among 95 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).
• Industry position (present): 3.7 out of ten. bottom 37% of 97 in its family; net margin -8.3%. 37th percentile among 97 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).
• Leadership (present): 5.9 out of ten. top 41% of 66 in its family for leadership; chief executive since 2022. 59th percentile among 66 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-09).
• Room to expand (future): 7.5 out of ten. top 25% of 94 in its family for room to expand. 75th percentile among 94 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).
• Growth drivers (future): 4.7 out of ten. bottom 47% of 93 in its family for growth drivers. 47th percentile among 93 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).
• Expectations vs reality (future): 7.5 out of ten. top 25% of 88 in its family for expectations against reality. 75th percentile among 88 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).

The filing record

Newest annual report: Form 10-K filed 2026-02-10 for the period ended 2026-01-03 (on EDGAR). Newest quarterly report: Form 10-Q filed 2026-08-11 for the period ended 2026-07-04 (on EDGAR). Newest results release: Form 8-K filed 2026-08-11 (on EDGAR). Newest filing: Form 4, 2026-08-17. Filings on record since 2000. Read from EDGAR 2026-10-12.

How the company works

Read from its Form 10-K filed 2026-02-10.

The people

R. Matthew Johnson has been chief executive and a director since January 2022 and president since April 2021. Before that he ran the Internet of Things business unit from July 2018, and before joining he ran automotive processing products and software development at NXP Semiconductors. The insider record this site holds shows the chief executive before him, George Tyson Tuttle, filing from 2011 until November 2021. Dean Butler has been chief financial officer since May 2024; he came from Synaptics, where he had been finance chief since 2019, after finance posts at Marvell Technology, Broadcom and Maxim Integrated. Brandon Tolany has run worldwide sales and marketing since January 2016, after leading sales and marketing at Freescale Semiconductor from 2013 to 2015. Robert Conrad, senior vice president and general manager, leads the business units: he was responsible for worldwide operations, and in 2025 his charter widened to take in the core product lines and portfolio strategy; he sat on the board from July 2022 until April 2024, and before that ran the automotive microcontrollers and processors business at NXP Semiconductors from 2012 until 2019. [1, 2, 3, 4, 5, 6, 7]

The founder still chairs the board. Navdeep S. Sooch co-founded Silicon Labs in August 1996, has been chairman since the start, and was chief executive from August 1996 to December 2003 and again as interim chief from April to September 2005; before founding it he was vice president of engineering at Crystal Semiconductor/Cirrus Logic and a design engineer at AT&T Bell Labs. William G. Bock joined the board in 2000, became chief financial officer in 2006, returned to the board in 2011, served as interim finance chief in 2013 and then as president from mid-2013 until he retired from management in early 2016; he now chairs the audit committee. The chairman and chief executive roles are kept apart, with a lead director, Sumit Sadana, chief business officer of Micron Technology and a director since 2015. The board counts Bock, Gregg Lowe, Sadana, Sooch, Nina Richardson, Christy Wyatt and Sherri Luther as independent under the Nasdaq rules. [8, 9, 10, 11, 12, 13, 14]

Three of the people at the top have worked at Texas Instruments, the company that agreed in February 2026 to buy Silicon Labs. Gregg Lowe, a director since 2017, spent 27 years there, managing its analog business and helping direct its purchase of National Semiconductor; he then ran Freescale Semiconductor until its merger with NXP in 2015 and Wolfspeed from 2017 until 2024. William Bock began his career there, and Robert Conrad's career includes leadership posts there. [15, 16, 17, 18, 7]

At the end of fiscal 2025, on January 3, 2026, the company employed 1,930 people, 72% of them in engineering roles, at sites in more than a dozen countries; women made up 23% of the workforce. Voluntary turnover for the year was 8%. The filing ties its success to keeping highly skilled analog and mixed-signal engineers, a skill it says takes years of practical design work under a senior engineer to build and is in short supply. [19, 20, 21, 22]

How it operates

Silicon Labs designs the chips that let small devices connect wirelessly, for what the industry calls the Internet of Things (IoT). Its main products are wireless microcontrollers and systems-on-chip (SoCs): single chips that combine processor cores, analog and digital circuits, security hardware and a radio, work that rival products often spread across many separate parts. They come as chips or ready-made modules speaking Bluetooth, Wi-Fi, Zigbee, Z-Wave, Thread, Wi-SUN and proprietary sub-GHz radio, backed by its Simplicity Studio software tools. It sorts them into two groups by market. Industrial & Commercial covers uses such as industrial automation, smart meters, street lighting, electric vehicle charging, smart buildings, asset tracking, electronic shelf labels in shops and power tools. Home & Life covers the smart home (cameras, locks, lighting, heating and cooling, and the Matter and Amazon Sidewalk standards) and connected health, such as continuous glucose monitors and insulin pumps. [23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33]

It sells mostly through distributors, which brought in 71% of fiscal 2025 revenue; two of them, Arrow Electronics and Edom Technology, accounted for 28% and 21%, Edom up from 15% two years earlier. The buyers behind them are spread out: no end customer reached 10% of revenue, and the ten largest together took 25%. They buy on individual purchase orders rather than long-term contracts. What keeps them is the design win, the point at which a customer builds a chip into its product and orders it: reaching one takes from about three months to two years of engineering work alongside the customer, and once a design is in volume production customers are reluctant to change it, so product lives run long. [34, 35, 36, 37, 38, 39, 40, 41]

Nine tenths of revenue, 91%, comes from outside the United States, counted by where the chips are shipped, and all of it is in US dollars. By that count China took 257.1 million dollars, 32.8% of fiscal 2025 revenue; Taiwan 130.5 million, 16.6%, up 68.6% on the year; the United States 68.5 million, 8.7%; and the rest of the world 328.6 million, 41.9%. Shipments are not the same as buyers: end customers in China accounted for 15% of revenue. The company is run from Austin, Texas, where it owns its two headquarters buildings on land leased through 2099, and it has a headquarters in Singapore for its operations outside the United States. [42, 43, 44, 45, 46, 47]

It owns no chip factory. It is fabless, meaning it designs the chips and sends the designs electronically to outside foundries, mainly Taiwan Semiconductor Manufacturing Co. (TSMC) and Semiconductor Manufacturing International Corporation (SMIC), which make most of its silicon wafers. Subcontractors in Asia assemble and package the chips; testing can be done by them, by other test houses or in its own facilities, and most units shipped in fiscal 2025 were tested by offshore subcontractors. Its chips use CMOS, a low-cost and widely available chipmaking process, which the company says makes it more likely that capacity stays available through its products' lives. [48, 49, 50, 51, 52, 53]

The specifics

On February 4, 2026 Silicon Labs agreed to be acquired by Texas Instruments, one of the rivals it names: a Texas Instruments subsidiary would merge into it, leaving it a wholly owned subsidiary, with a fixed amount of cash paid for each share and the stock delisted from the Nasdaq. The board approved the deal unanimously and stockholders approved it on April 30, 2026; the company expects it to close in the first half of 2027, subject to the required regulatory approvals. Until then the agreement restricts what it may do on its own, including buying other businesses, selling assets, paying dividends and some capital spending, and it would owe Texas Instruments a termination fee of 259 million dollars if the agreement ended in certain ways, such as its board changing its recommendation. Its merger costs came to 20.8 million dollars in the first half of fiscal 2026. [15, 54, 55, 56, 57, 58, 59, 60]

Its core skill, in its own words, is analog and radio design in CMOS. It designs nearly all its chips in that standard process, and most now carry a radio on the chip. Analog circuits are harder to design in CMOS, but the company says it brings lower cost, less technology risk and more foundry capacity worldwide. Its Series 2 chips, introduced in 2019, put more weight on security that can be updated; its Series 3, whose first product came out in 2025, moves to the 22 nm process for more computing power and energy efficiency. It protects the work with more than 1,575 issued or pending patents in the United States and abroad, and with trade secrets it calls difficult for competitors to duplicate. [61, 62, 63, 64, 65]

It names a long list of rivals: Espressif, Infineon, MediaTek, Microchip, Nordic Semiconductor, NXP, Qualcomm, Renesas, STMicroelectronics, Synaptics, Telink and Texas Instruments, its would-be buyer. It also counts its own customers, who could develop the technology themselves, and module makers among possible competitors, and it warns that China's promotion of its home chip industry, along with China-U.S. trade barriers, may restrict its part in the Chinese market. [54, 15, 66, 67]

Trade rules could cut it off from customers and raise its costs. If the US Commerce Department adds a company to its Entity List, Silicon Labs may have to suspend business with it, and the department has opened an investigation into semiconductor imports. It also receives government incentives, mostly cash grants and refundable tax credits, in the United States, Singapore, France and Canada; in fiscal 2025 they offset 8.5 million dollars of research spending. And it changed auditors: Ernst & Young, which audited it from 1996, the year it was founded, to 2024, gave way to Deloitte & Touche from 2025. [68, 69, 70, 71, 72, 73, 8, 74]

What drives growth, line by line

Revenue rose 34.3% in fiscal 2025 to 784.8 million dollars, after falling for two years from 1.0 billion in fiscal 2022 to 584.4 million. The filing credits higher unit volumes and higher average selling prices, as demand improved on a year hurt by customers cutting the inventories they had built up during the supply chain disruptions. The year also had an extra week, 53 against 52. Gross margin rose to 58.2% from 53.4% as overhead costs were spread over more sales, and the operating loss narrowed to 70.5 million dollars from 165.5 million. [75, 76, 77, 78]

Industrial Commercial. The larger line: 444.9 million dollars, 56.7% of fiscal 2025 revenue, up 31.4%, or 106.4 million, from 338.5 million. It holds the industrial and commercial uses, from smart meters and street lighting to electronic shelf labels. It finished the year strongest, with fourth-quarter revenue up about 37% on a year earlier, yet for the full year it stayed below its level of two years before. [44, 79, 80, 81]

Home Life. 339.9 million dollars, 43.3% of revenue, and the faster grower, up 38.2%, or 94.0 million, from 245.9 million. It holds the smart home and connected health devices. Unlike the larger line it ended the year above its level of two years before, though its fourth-quarter growth, about 12% on a year earlier, ran below the pace for the year. [44, 79, 81, 80]

Since then, the quarterly report for the first half of fiscal 2026 shows revenue up 19.2% on a year earlier, to 441.7 million dollars, again on higher unit volumes. Industrial & Commercial led, up 27.8% to 262.9 million; Home & Life rose 8.5% to 178.8 million. [82, 83]

What comes next, in the company's own words: it expects the merger with Texas Instruments to close in the first half of 2027 and, until then, to keep paying advisory, legal and accounting fees that could be significant; it expects average selling prices to decline as its products mature; and, because some of its chips go into consumer products, it expects some seasonality in demand. [57, 84, 85, 86]

What the desk infers (inferred, not filed)

• Most of the chips Silicon Labs ships to China are built into products there for companies based elsewhere, so the third of revenue shipped to China overstates how much it relies on Chinese buyers. Because: Revenue attributed to China by where the chips were shipped was 33% of fiscal 2025 revenue, while revenue from end customers in China was 15%. [45] Revenue is counted by the shipped-to location, and on that count China was the largest single country, at 257.1 million dollars. [42, 44] The company counts the end customer, not the distributor or contract manufacturer that pays it, as its customer. [87] Many end customers buy through contract manufacturers, which obtain its chips and build them into products for those customers. [88] Confidence 70 of 100. Wrong if: A filing showing that the gap between shipments to China and revenue from end customers there comes mainly from distributors moving stock back out of China, rather than from chips built into products in China.
• The swings in Silicon Labs' revenue are mostly inventory cycles that pass through its distributors: when customers cut the stock they had built up, sales through distributors fell far more than sales to direct customers, and they led the recovery. Because: Sales through distributors fell sharply in fiscal 2024 and recovered in fiscal 2025, while sales to direct customers rose in each of the three years. [89, 34] The filing says the weak year was hurt by customers reducing the inventories they had built up during the supply chain disruptions. [76] Its backlog counts distributors' stocking orders, which can typically be cancelled without penalty, and its distributor agreements often carry price protection and return rights. [90, 91] In the first half of fiscal 2026 the two channels moved apart again: sales through distributors rose while sales to direct customers fell. [92] Confidence 60 of 100. Wrong if: A downturn in which sales to direct customers fall by as large a share as sales through distributors, or a filing showing that the fall in distributor sales in fiscal 2024 came from lost end customers rather than from inventory cuts.
• Silicon Labs holds its research budget steady through the cycle, so its operating results turn on the level of revenue rather than on cost cuts: research spending barely moved while revenue fell by a quarter and then rose by a third. Because: Research and development cost 337.7 million, 332.2 million and 353.2 million dollars in fiscal 2023, 2024 and 2025. [93] Over the same three years revenue went from 782.3 million to 584.4 million and back to 784.8 million dollars. [75] Research took 45.0% of revenue in fiscal 2025 against 56.9% the year before, and the operating loss narrowed from 165.5 million to 70.5 million dollars. [94, 78] The filing gives the reason for the lag: the sales cycle can run 12 months or more, with three to six months more before customers ship in volume, so research and selling costs come well before the sales they produce. [95] Confidence 70 of 100. Wrong if: A year in which revenue falls and the company cuts research spending by a similar share, showing that the budget follows revenue after all.
• Sales through distributors probably earn Silicon Labs a higher gross margin than sales to its direct customers, so the mix between the two channels moves its margin alongside the spreading of overhead that its reports cite. Because: The proxy statement credits the rise in gross margin, from 53% in 2024 to 58% in 2025, to more sales through the distribution channel and to product mix. [96] In fiscal 2025 sales through distributors grew faster than sales to direct customers, and distributors brought in 71% of revenue. [89, 34] In the first half of fiscal 2026 distributor sales rose while direct sales fell, and gross margin in the second quarter reached 61.6% against 56.1% a year earlier. [92, 97] Confidence 55 of 100. Wrong if: A filing that reports gross margin by sales channel and shows direct sales earning as much as distributor sales, or a period in which distributors' share of revenue rises while gross margin falls.

Sources

1. Silicon Laboratories, Inc., Form DEF 14A filed 2026-03-11: “R. Matthew Johnson has served as our Chief Executive Officer and a Director since January 2022 and as President since April 2021. Prior to this role, Mr. Johnson previously served as our Senior Vice President and General Manager of Silicon Labs’ Internet of Things (IoT) business unit from July 2018 until he was promoted to President.”
2. Silicon Laboratories, Inc., Form DEF 14A filed 2026-03-11: “Prior to joining Silicon Labs, Mr. Johnson served as Senior Vice President and General Manager of automotive processing products and software development at NXP Semiconductors.”
3. The record on this page: the officers and directors who file Forms 3, 4 and 5 (the SEC's insider data sets)
4. Silicon Laboratories, Inc., Form DEF 14A filed 2026-03-11: “Dean Butler has served as our Chief Financial Officer since May 2024. Mr. Butler joined Silicon Labs from Synaptics, where he served as Senior Vice President and Chief Financial Officer since 2019. Prior to Synaptics, Mr. Butler held financial leadership positions at Marvell Technology, Broadcom, and Maxim Integrated.”
5. Silicon Laboratories, Inc., Form DEF 14A filed 2026-03-11: “Brandon Tolany has served as our Senior Vice President of Worldwide Sales and Marketing since January 2016. Prior to joining Silicon Labs, Mr. Tolany served as Senior Vice President, Chief Sales and Marketing Officer at Freescale Semiconductor where he led global sales and marketing activities from 2013 to 2015.”
6. Silicon Laboratories, Inc., Form DEF 14A filed 2026-03-11: “Robert Conrad is the Senior Vice President and General Manager at Silicon Labs, responsible for leading the company’s Business Units. Mr. Conrad was previously responsible for worldwide operations, expanding his charter in 2025 to include the company’s core product lines and overall portfolio strategy. Prior to that, Mr. Conrad served on our Board of Directors from July 2022 until April 2024.”
7. Silicon Laboratories, Inc., Form DEF 14A filed 2026-03-11: “Mr. Conrad served as Senior Vice President of the Automotive Microcontrollers and Processors business at NXP Semiconductors from 2012 until 2019 and was self-employed from 2019 until 2020. Mr. Conrad’s career includes leadership positions at Texas Instruments, Analog Devices, Trevia Networks, Fairchild Semiconductor, and Freescale Semiconductor.”
8. Silicon Laboratories, Inc., Form DEF 14A filed 2026-03-11: “Mr. Sooch co-founded Silicon Labs in August 1996 and has served as Chairman of the Board since our inception. Mr. Sooch served as Chief Executive Officer from August 1996 to December 2003 and as interim Chief Executive Officer from April 2005 to September 2005.”
9. Silicon Laboratories, Inc., Form DEF 14A filed 2026-03-11: “Prior to founding Silicon Labs, Mr. Sooch held various positions at Crystal Semiconductor/Cirrus Logic, a designer and manufacturer of integrated circuits, including Vice President of Engineering and was a Design Engineer with AT&T Bell Labs.”
10. Silicon Laboratories, Inc., Form DEF 14A filed 2026-03-11: “Mr. Bock originally joined Silicon Labs’ Board of Directors in 2000 and served as Chairman of the audit committee until he joined the management team and was appointed CFO in 2006. Mr. Bock was re-appointed to the board of directors in mid-2011, returning as interim CFO in early 2013 and was then appointed President in mid-2013 before retiring from the management team in early 2016.”
11. Silicon Laboratories, Inc., Form DEF 14A filed 2026-03-11: “The members of the Audit Committee are Mr. Bock and Mses. Luther and Richardson. Mr. Bock serves as Chairman of the Audit Committee.”
12. Silicon Laboratories, Inc., Form DEF 14A filed 2026-03-11: “The Board of Directors’ current policy is to separate the role of Chairman of the Board from the role of Chief Executive Officer.”
13. Silicon Laboratories, Inc., Form DEF 14A filed 2026-03-11: “Mr. Sadana has served as a Director of Silicon Labs since 2015, and as Lead Director since January 2022. Mr. Sadana has been the Executive Vice President and Chief Business Officer of Micron Technology, Inc. (NASDAQ:MU) since 2017.”
14. Silicon Laboratories, Inc., Form DEF 14A filed 2026-03-11: “The Board of Directors has determined that Messrs. Bock, Lowe, Sadana, and Sooch and Mses. Richardson, Wyatt and Luther are each independent as defined in the applicable Marketplace Rules of the NASDAQ Stock Market, Inc.”
15. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “On February 4, 2026, we entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Texas Instruments Incorporated, a Delaware corporation (“Parent”), and Caldwell Merger Corp., a Delaware corporation and wholly-owned direct subsidiary of Parent (“Merger Subsidiary”), pursuant to which Merger Subsidiary will merge with and into Silicon Laboratories Inc. (the “Merger”), and we will survive the Merger as a wholly-owned direct subsidiary of Parent.”
16. Silicon Laboratories, Inc., Form DEF 14A filed 2026-03-11: “Mr. Lowe served as senior vice president and manager of the Analog business for Texas Instruments (NASDAQ:TXN) where he helped to direct the acquisition of National Semiconductor. During his 27 years at Texas Instruments, he held various leadership positions across field sales, automotive sales, marketing, and integrated circuits”
17. Silicon Laboratories, Inc., Form DEF 14A filed 2026-03-11: “Mr. Lowe has served as a Director of Silicon Labs since 2017. Mr. Lowe served as the President and Chief Executive Officer of Wolfspeed, Inc. (NYSE:WOLF), an innovator in silicon carbide semiconductors from 2017 until 2024. Mr. Lowe previously served as President and CEO of Freescale Semiconductor from June 2012 until its merger with NXP (NASDAQ:NXPI) in 2015.”
18. Silicon Laboratories, Inc., Form DEF 14A filed 2026-03-11: “Mr. Bock began his career with Texas Instruments.”
19. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “As of January 3, 2026, we employed 1,930 people, of whom 72% were in engineering roles. Women represented 23% of our workforce and men represented 77%. We are a multi-national and multi-ethnic workforce, with sites and employees in more than a dozen countries.”
20. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “During fiscal 2025, our voluntary employee turnover rate was 8%.”
21. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “Our success depends on our ability to continue to attract, retain and motivate qualified employees, particularly highly skilled analog and mixed-signal engineers and senior management personnel.”
22. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “The development of this design expertise typically requires years of practical analog design experience under the guidance of a senior engineer, and engineers with the required level of skill and expertise are in short supply.”
23. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “We have built a leading wireless development platform and product portfolio for the IoT based on Bluetooth®, sub-GHz proprietary technologies, Wi - SUN, Thread, Wi-Fi®, Zigbee®, and Z-Wave”
24. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “Our products integrate complex mixed-signal functions that are frequently performed by numerous discrete components in competing products into a single chip, chipset or system-on-chip (“SoC”).”
25. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “The SoCs combine ARM Cortex-M processor cores, a variety of digital and analog peripherals, hardware cryptography accelerators, and analog-intensive multiprotocol radio transceivers.”
26. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “Single and multi-protocol SoC devices and modules provide flexible, highly integrated solutions designed to meet demanding requirements of IoT applications.”
27. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “Our products are supported by Simplicity Studio™, which provides one-click access to design tools, documentation, software, and support resources”
28. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “We group our products as Industrial & Commercial or Home & Life based on the target markets they address.”
29. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “Industrial automation and control –Smart metering –Smart street lighting –Renewable energy –Electric vehicle supply equipment”
30. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “Smart buildings –Access controls –Asset tracking –Smart lighting –Electronic shelf labels –Theft protection –Power tools”
31. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “Home cameras –Locks –Gateways –Residential lighting –Window shades/blinds –HVAC (heating, ventilation, and air conditioning)”
32. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “Our secure, reliable, and robust smart home solutions also include support for emerging applications like Matter and Amazon Sidewalk”
33. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “Smart medical devices, such as continuous glucose monitors, insulin pumps, pulse oximeters, ECG monitors, and fitness wearables, make healthcare more accessible and are improving lives around the world.”
34. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “During fiscal 2025, 71% of our revenue was derived from distributors”
35. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “Two of our distributors who sell to our customers, Arrow Electronics and Edom Technology, represented 28% and 21% of our revenues during fiscal 2025, 27% and 16% during fiscal 2024, and 34% and 15% during fiscal 2023, respectively.”
36. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “During fiscal 2025, our ten largest end customers accounted for 25% of our revenues. We had no customer that represented more than 10% of our revenues during this period.”
37. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “We market our products through our direct sales force and through a network of independent sales representatives and distributors. Direct and distribution customers buy on an individual purchase order basis, rather than pursuant to long-term agreements.”
38. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “A design win occurs when a customer has designed our ICs into its product architecture and ordered product from us.”
39. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “The amount of time required to achieve a design win can vary substantially depending on a customer’s development cycle, which can be relatively short (such as three months) or very long (such as two years) based on a wide variety of customer factors.”
40. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “However, once a completed design architecture has been implemented and produced in high volumes, our customers are reluctant to significantly alter their designs due to this extensive design-win process.”
41. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “The life cycles of our products are relatively long, given the amount of effort and time required in the design-in process for our customers.”
42. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “Revenue is attributed to a geographic area based on the shipped-to location. The percentage of our revenues derived from outside of the United States was 91% in fiscal 2025.”
43. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “All of our revenues to date have been denominated in U.S. dollars.”
44. The record on this page: revenue by line and by geography, as tagged in the annual report (the SEC's financial statement data sets)
45. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “During fiscal 2025, the percentage of our revenues derived from outside of the United States was 91% (and the revenue associated with end customers in China was 15%, and revenue attributed to China based on shipped-to location was 33%).”
46. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “Our corporate headquarters, housing engineering, sales and marketing, administration and test operations, is located in Austin, Texas. Our headquarters facilities consist of two buildings, which we own, that are located on land which we have leased through 2099.”
47. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “This has included the establishment of a headquarters in Singapore for non-U.S. operations.”
48. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “As a fabless semiconductor company, we conduct IC design and development in our facilities and electronically transfer our proprietary IC designs to third-party semiconductor fabricators who process silicon wafers to produce the ICs that we design.”
49. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “We currently partner primarily with Taiwan Semiconductor Manufacturing Co. (“TSMC”) and Semiconductor Manufacturing International Corporation (“SMIC”) to manufacture the majority of our semiconductor wafers.”
50. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “We also currently rely on third-party assembly subcontractors in Asia to assemble and package the silicon chips provided by the wafers for use in final products.”
51. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “This operation can be performed by the same contractor that assembled the IC, other third-party test subcontractors, or within our internal facilities prior to shipping to our customers. During fiscal 2025, most of our units shipped were tested by offshore third-party test subcontractors.”
52. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “Our semiconductor devices leverage standard complementary metal oxide semiconductor (“CMOS”), a low-cost, widely available process technology.”
53. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “Our IC production employs submicron process geometries, which are readily available from leading foundry suppliers worldwide, thus increasing the likelihood that manufacturing capacity will be available throughout our products’ life cycles.”
54. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “We compete with Espressif, Infineon, MediaTek, Microchip, Nordic Semiconductor, NXP, Qualcomm, Renesas, STMicroelectronics, Synaptics, Telink, Texas Instruments and others.”
55. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “the amount of cash per outstanding share of our common stock to be paid under the Merger Agreement is fixed and will not be adjusted for changes in our business”
56. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “If the Merger is completed, we will become a privately held company, meaning that our common stock will be delisted from the NASDAQ National Market and deregistered under the Securities Exchange Act of 1934.”
57. Silicon Laboratories, Inc., Form 10-Q filed 2026-08-11: “The transactions contemplated by the Merger Agreement were unanimously approved by the Company’s board of directors, and on April 30, 2026 the Company obtained the approval of its stockholders required to adopt the Merger Agreement. The Merger is expected to close in the first half of 2027, subject to customary closing conditions, including the receipt of required regulatory approvals.”
58. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “Under the terms of the Merger Agreement, we are subject to restrictions on our business activities, including, among other things, restrictions on our ability to pay dividends; acquire other businesses and assets; dispose of our assets; enter into or materially modify certain contracts; repurchase, adjust the terms of or issue securities; make certain capital expenditures”
59. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “Upon the termination of the Merger Agreement under specified circumstances, including, among others, the termination by the Parent in the event of a Change of Recommendation (as defined in the Merger Agreement) by our board of directors, we would be required to pay Parent a termination fee of $259 million.”
60. Silicon Laboratories, Inc., Form 10-Q filed 2026-08-11: “In connection with the proposed Merger, for the three and six months ended July 4, 2026 we have incurred $9.6 million and $20.8 million of costs, respectively”
61. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “We believe that our most significant core competency is world-class analog and RF design capability. Additionally, we strive to design substantially all our ICs in standard CMOS processes. Most of our product designs now incorporate some type of RF in CMOS technology.”
62. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “While it is often significantly more difficult to design analog ICs in CMOS, CMOS provides multiple benefits versus existing alternatives, including significantly reduced cost, reduced technology risk, and greater worldwide foundry capacity.”
63. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “The introduction of our Series 2 portfolio in 2019 provided a greater focus on updatable device security which is becoming vital to the evolution and success of IoT. Now, our Series 3 portfolio, which released its first product in 2025, leverages the 22 nm process node to provide greater compute, interoperability, and energy efficiency for even more advanced workloads.”
64. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “As of January 3, 2026, we had greater than 1,575 issued or pending United States and foreign patents.”
65. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “We have accumulated a vast set of trade secrets that allow us to pursue innovative approaches to mixed-signal problems that are difficult for competitors to duplicate.”
66. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “In addition, our customers could develop products or technologies internally that would replace their need for our products and would become a source of competition. We could also face competition from module makers or other systems suppliers that may include mixed-signal components in their products, which could eliminate the need for our ICs.”
67. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “We also face increased competition as a result of China actively promoting its domestic semiconductor industry through policy changes and investment. These actions, as well as China-U.S. trade barriers, may restrict our participation in the China market”
68. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “These trade restrictions may impact the cost and availability of raw materials, components, and finished goods, which could lead to supply chain disruptions, increased costs, and lower margins.”
69. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “Export restrictions imposed by the U.S. government, including the addition of licensing requirements by the United States Department of Commerce’s Bureau of Industry and Security (“BIS”) through the addition of companies to the BIS Entity List, could require us to suspend our business with certain entities if we conclude or are notified by the U.S. government that such business presents a risk of noncompliance with U.S. regulations.”
70. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “For example, the U.S. Department of Commerce initiated an investigation into imports of semiconductors, semiconductor manufacturing equipment, and related products.”
71. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “The Company receives incentives from governmental agencies in the United States, Singapore, France, and Canada, principally in the form of cash grants and refundable tax credits.”
72. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “Research and development expense in fiscal 2025 increased $43.4 million for personnel-related costs as a result of lower expenses in the prior fiscal year due to cost containment measures, offset primarily by $8.5 million of government incentives and decreases of $9.6 million for amortization of intangible assets and $6.2 million for new product introduction and software expense.”
73. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “s/ Ernst & Young LLP We served as the Company’s auditor from 1996 to 2024.”
74. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “s/ Deloitte & Touche LLP Austin, Texas February 10, 2026 We have served as the Company's auditor since 2025.”
75. The record on this page: the filed annual figures (EDGAR's company facts)
76. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “Revenues increased as a result of increases in unit volumes and average selling prices of our products, as the current demand environment has improved relative to the prior year, which was impacted by customers reducing inventory levels relative to amounts they held during the period of widespread supply chain disruptions.”
77. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “Fiscal 2025 had 53 weeks with the extra week occurring in the first quarter of the year. Fiscal 2024 and 2023 had 52 weeks.”
78. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “Gross margin increased to 58.2% in fiscal 2025 compared to 53.4% in fiscal 2024 primarily as our indirect and overhead expenses decreased as a percentage of revenues. Operating expenses increased $49.8 million in fiscal 2025 compared to fiscal 2024 due primarily to higher personnel-related costs. Operating loss in fiscal 2025 was $70.5 million compared to operating loss of $165.5 million in fiscal 2024.”
79. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “The increase in revenues in fiscal 2025 was due to increased revenues of $106.4 million from our Industrial & Commercial products and $94.0 million from our Home & Life products.”
80. Silicon Laboratories, Inc., Form DEF 14A filed 2026-03-11: “Our Industrial & Commercial business delivered a strong finish to the year, with fourth-quarter revenue up approximately 37% year-over-year. Our Home & Life business also contributed solid momentum, ending the year with revenue growth of approximately 12% compared to the same quarter one year ago.”
81. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “The following represents revenue by product category (in thousands): Year Ended January 3, 2026 December 28, 2024 December 30, 2023 Industrial & Commercial $ 444,914 $ 338,528 $ 496,578 Home & Life 339,850 245,858 285,680”
82. Silicon Laboratories, Inc., Form 10-Q filed 2026-08-11: “Industrial & Commercial $ 135.0 $ 109.8 $ 25.2 23.0 % $ 262.9 $ 205.8 $ 57.1 27.8 % Home & Life 93.2 83.1 10.1 12.2 % 178.8 164.8 14.0 8.5 % $ 228.2 $ 192.8 $ 35.3 18.3 % $ 441.7 $ 370.6 $ 71.1 19.2”
83. Silicon Laboratories, Inc., Form 10-Q filed 2026-08-11: “The increase in revenues in the recent six-month period was due to increased revenues of $57.1 million from our Industrial & Commercial products and increased revenues of $14.0 million from our Home & Life products. Revenues increased in the recent three and six-month periods as a result of increases in unit volumes of our products relative to the prior year.”
84. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “In connection with the proposed Merger, we have incurred significant costs in the first quarter of fiscal 2026 and expect to continue to incur financial advisory, legal, accounting, and other professional fees prior to the completion of the Merger, which could be significant.”
85. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “In general, as our products become more mature, we expect to experience decreases in average selling prices.”
86. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “Because some of our ICs are designed for use in consumer products, we expect that the demand for our products will be typically subject to some degree of seasonal demand.”
87. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “Although we sell products to, and are paid by distributors and contract manufacturers, we refer to the end customer as our customer.”
88. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “An end customer purchasing through a contract manufacturer typically instructs such contract manufacturer to obtain our products and incorporate such products with other components for sale by such contract manufacturer to the end customer.”
89. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “The following disaggregates the Company’s revenue by sales channel (in thousands): Year Ended January 3, 2026 December 28, 2024 December 30, 2023 Distributors $ 560,335 $ 393,148 $ 611,332 Direct customers 224,429 191,238 170,926”
90. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “We include in backlog accepted product purchase orders from customers and worldwide distributor stocking orders. Product orders in our backlog are subject to changes in delivery schedules or cancellation at the option of the purchaser, typically without penalty.”
91. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “In addition, relationships with our distributors often involve the use of price protection and inventory return rights.”
92. Silicon Laboratories, Inc., Form 10-Q filed 2026-08-11: “The following disaggregates the Company’s revenue by sales channel (in thousands): Three Months Ended Six Months Ended July 4, 2026 July 5, 2025 July 4, 2026 July 5, 2025 Distributors $ 172,798 $ 133,437 $ 333,356 $ 250,627 Direct customers 55,391 59,408 108,333 119,932”
93. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “Research and development expenses were $353.2 million, $332.2 million and $337.7 million in fiscal 2025, 2024 and 2023, respectively.”
94. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “Research and development $ 353.2 $ 332.2 $ 21.0 6.3 % Percent of revenue 45.0 % 56.9”
95. Silicon Laboratories, Inc., Form 10-K filed 2026-02-10: “The sales cycle for our ICs can be as long as 12 months or more. An additional three to six months or more are usually required before a customer ships a significant volume of devices that incorporate our ICs. Due to this lengthy sales cycle, we typically experience a significant delay between incurring research and development and selling, general and administrative expenses, and the corresponding sales.”
96. Silicon Laboratories, Inc., Form DEF 14A filed 2026-03-11: “GAAP gross margin was 58% in 2025, up from 53% in 2024, driven by increasing sales through our distribution channel and product mix.”
97. Silicon Laboratories, Inc., Form 10-Q filed 2026-08-11: “Gross margin increased to 61.6% in the recent quarter compared to 56.1% in the second quarter of fiscal 2025 as our indirect and overhead expenses decreased as a percentage of revenues.”

Where the revenue comes from

Product and service lines in fiscal 2025: Industrial Commercial 57%, Home Life 43%. By geography: Rest of world 42%, China 33%, Taiwan 17%, United States 9%. As tagged in its annual report (Form 10-K, filed 2026-02-10).

Who runs it

Johnson, Robert Matthew (President & CEO); Bock, William G (President); Butler, Dean Warren (Sr VP and CFO); Mauldin, Mark D (Chief Accounting Officer); Conrad, Robert J (Sr VP and General Manager); Tolany, Brandon (Sr VP WW Sales & Marketing); Lowe, Gregg A (director); Luther, Sherri R (director); Richardson, Nina (director); Sadana, Sumit (director); and 2 more. 12 officers and directors have filed their own trades in the last fifteen months, names and titles as filed with the SEC, through 2026-09-30.

This file: Overview · Past · Present · Future · Filings · every company on file

Every stock is a company. We grade the company behind the stock. CrossAssetData is a company research product: no investment advice, no price targets, no price predictions; every claim carries its source, and unseen means unseen. The full file draws when the page's script runs: the essentials, the balance sheet, the estimators, the trend, and every filing of the last ten years.