Israel networking solutions firm Silicom Q1 revenue rises 33%, loss narrows

Silicom

30/04/2026 13:23

Overview

Israel networking solutions firm's Q1 revenue rose 33% yr/yr to $19.1 mln

Q1 non-GAAP net loss narrowed to $1.5 mln from $2.1 mln a year ago

Company projects Q2 revenue to grow about 40% yr/yr at upper end of guidance

Outlook

Silicom expects Q2 2026 revenue of $20-$21 mln

Company targets 2026 sales of $82-$83 mln

Company sees continued growth driven by strong demand and expanding pipeline

Result Drivers

CORE PRODUCT DEMAND - Co said resilient demand for core business products drove Q1 sales growth

DESIGN WINS - Four new design wins in Edge, Smart NIC and FPGA offerings contributed to momentum, per CEO Liron Eizenman

CUSTOMER EXPANSION - Expansion of relationships with key customers, including a global networking and security-as-a-service customer and a Tier-1 cybersecurity leader, supported growth

Company press release: ID:nPn8PTYpna

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
$19.10 mln
$16.97 mln (1 Analyst)
Q1 Adjusted EPS
-$0.25
Q1 Net Income
-$2.37 mln
-$2.07 mln (1 Analyst)
Q1 Operating Income
-$2.81 mln
-$2.22 mln (1 Analyst)
Q1 Pretax Profit
-$2.36 mln
-$1.77 mln (1 Analyst)
Q1 Gross Profit
$5.64 mln
Q1 Operating Expenses
$8.45 mln


Analyst Coverage

The one available analyst rating on the shares is "hold"

The average consensus recommendation for the communications & networking peer group is "buy."

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)