Silicon Labs beats Q2 revenue expectations, but misses profit view

Silicon Laboratories

05/08/2025 12:19

Overview

Silicon Labs Q2 revenue grows 33% yr/yr, beating analyst expectations

However, net income and operating income missed analysts' estimates, per LSEG data

Company announced new Series 3 devices and upcoming developer conference

Outlook

Company expects Q3 revenue between $200 mln and $210 mln

Silicon Labs sees Q3 GAAP gross margin of 57% to 58%

Company forecasts Q3 non-GAAP EPS between $0.20 and $0.40

Silicon Labs estimates Q3 GAAP operating expenses of $130 mln to $133 mln

Result Drivers

INDUSTRIAL & COMMERCIAL - Revenue increased 25% yr/yr, contributing to overall growth

HOME & LIFE - Revenue grew 45% yr/yr, driving significant part of revenue increase

SERIES 3 DEVICES - New devices set industry benchmarks, reinforcing co's innovation leadership

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$192.84 mln
$192.60 mln (9 Analysts)
Q2 Adjusted EPS
$0.11
Q2 Net Income
Miss
-$21.82 mln
$3.05 mln (9 Analysts)
Q2 Operating Income
Miss
-$22.87 mln
$330,300 (7 Analysts)
Q2 Gross Profit
$108.11 mln
Q2 Operating Expenses
$130.98 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy", 6 "hold" and 1 "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 $153.50, about 13% above its August 4 closing price of $133.55

The stock recently traded at 87 times the next 12-month earnings vs. a P/E of 80 three months ago

Press Release: ID:nPn4b3tb6a

(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.)