Silvaco Q1 revenue rises 26%, beats estimates

Silvaco

07/05/2026 22:09

Overview

US semiconductor design software firm's Q1 revenue grew 26%, beating analyst expectations

Adjusted EPS and adjusted net income for Q1 both beat analyst expectations

Company cites strong bookings and AI-driven product growth as key drivers

Outlook

Company expects Q2 revenue of $18.0 mln, plus or minus 10%

Silvaco sees Q2 bookings of $19.0 mln, plus or minus 10%

Company expects Q2 non-GAAP gross margin around 88%

Result Drivers

AI FTCO MOMENTUM - Co cited new customer wins, expanded functionality, and growing interest in its AI FTCO product as key drivers of Q1 results

TCAD AND SIP GROWTH - Co reported TCAD bookings up 13% sequentially and nearly 50% year-on-year, and SIP revenue up 270% year-on-year, driven by AI FTCO and power semiconductor applications

AI STRATEGIC PIVOT - Co said it accelerated its strategic shift to embed AI across products to speed customer time to market

Company press release: ID:nGNX2xVpjb

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$17.80 mln
$17.02 mln (5 Analysts)
Q1 Adjusted EPS
Beat
-$0.02
-$0.03 (5 Analysts)
Q1 EPS
-$0.19
Q1 Adjusted Net Income
Beat
-$600,000
-$758,000 (3 Analysts)
Q1 Adjusted Gross Margin
88.00%
Q1 Gross Bookings
$17.20 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for Silvaco Group Inc is $9.50, about 23.8% below its May 6 closing price of $12.46

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.)