Corrected: Silicon Labs Q2 revenue rises on segment growth; co suspends guidance on pending acquisition

Silicon Laboratories

11/08/2026 21:10

Corrects throughout to remove estimates on Net Loss and Operating Loss

Overview
US wireless IoT chipmaker's Q2 revenue up 18% yr/yr, slightly beating analyst expectations
GAAP net loss narrowed compared to last year
Company suspended forward guidance due to pending Texas Instruments acquisition

Outlook
Company has suspended forward-looking guidance due to pending acquisition by Texas Instruments

Result Drivers
SEGMENT GROWTH - Industrial & Commercial revenue rose 23% yr/yr and Home & Life revenue rose 12% yr/yr, per co
MEDICAL SEGMENT - Medical achieved record revenue in the quarter, up 78% yr/yr, according to co
ORDER MOMENTUM - Bookings and new orders accelerated, while inventory at both our distributors and end customers declined, per co

Company press release: ID:nPn8SFNqTa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Slight Beat*
$228.19 mln
$227.97 mln (5 Analysts)
Q2 Net Loss
 
$10.59 mln
 
Q2 Operating Loss
 
$10.67 mln
 
Q2 Gross Profit
 
$140.67 mln
 
Q2 Operating Expenses
 
$151.34 mln
 
*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 11 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the semiconductors peer group is "buy"
Wall Street's median 12-month price target for Silicon Laboratories Inc. is $231.00, about 5.8% above its August 10 closing price of $218.43
The stock recently traded at 58 times the next 12-month earnings vs. a P/E of 68 three months ago

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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.)