Silvaco Q2 adjusted EPS beats estimates on cost controls

Silvaco

06/08/2026 21:41

Overview
Semiconductor design software firm's Q2 revenue rose 48% yr/yr but missed analyst expectations
Adjusted EPS for Q2 beat analyst expectations, marking return to non-GAAP profitability
Company announced new partnerships with NVIDIA, Dassault Systemes, and expanded Micron Technologies tie-up

Outlook
Silvaco expects Q3 bookings of $18.0 mln +/- 10%
Company sees Q3 revenue of $17.0 mln +/- 10%
Silvaco expects non-GAAP gross margin around 88% in Q3

Result Drivers
IP REVENUE GROWTH - Record IP revenue in Q2, up 48% sequentially and 238% yr/yr, driven by foundational IP and Mixel offerings
COST CONTROL - Tight management of operating expenses enabled return to non-GAAP profitability
STRATEGIC PARTNERSHIPS - New and expanded partnerships with NVIDIA, Dassault Systemes, and Micron Technologies supported technology adoption and market reach

Company press release: ID:nGNX29wYXQ

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$17.81 mln
$17.91 mln (6 Analysts)
Q2 Adjusted EPS
Beat
$0.01
$0.005 (6 Analysts)
Q2 Loss Per Share
 
$0.11
 
Q2 Adjusted Net Income
Beat
$315,000
$270,400 (5 Analysts)
Q2 Adjusted Gross Margin
 
87.00%
 
Q2 Gross Bookings
 
$16.20 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 $14.50, about 74.7% above its August 5 closing price of $8.30
The stock recently traded at 45 times the next 12-month earnings vs. a P/E of 103 three months ago

Reuters Recommended Reads
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Aug 5 - GlobalFoundries tops second quarter estimates on AI chip demand

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.)