OverviewSuggest Edit

SiTime Corporation is an analog semiconductor company offering MEMS-based silicon timing solutions. The company manufacturers oscillators, clock generators, and embedded resonators used for ethernet switches, computing devices, graphics cards, disk drives, mobile phones, and SIM cards.

TypePublic
Founded2005
HQSanta Clara, CA, US
Websitesitime.com
Employee Ratings3.9
Overall CultureA+

Latest Updates

Employees (est.) (Dec 2020)187(+31%)
Job Openings68
Revenue (FY, 2020)$116.2 M(+39%)
Share Price (Nov 2021)$254.8(+3%)
Cybersecurity ratingCMore
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Key People/Management at SiTime Corporation

Rajesh Vashist

Rajesh Vashist

CEO
Raman Chitkara

Raman Chitkara

Director
Narayanan (Nara) Bharath

Narayanan (Nara) Bharath

Executive Vice President, Systems
Edward Frank

Edward Frank

Director
Fari Assaderaghi

Fari Assaderaghi

Executive Vice President, Technology and Engineering
Lionel Bonnot

Lionel Bonnot

Executive Vice President, Worldwide Sales and Business Development
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SiTime Corporation Office Locations

SiTime Corporation has offices in Santa Clara and L'viv
Santa Clara, CA, US (HQ)
5451 Patrick Henry Dr
L'viv, UA
Kulparkivska St, 59
Show all (2)

SiTime Corporation Financials and Metrics

SiTime Corporation Revenue

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SiTime Corporation's revenue was reported to be $116.16 m in FY, 2020 which is a 38.2% increase from the previous period.
USD

Revenue (Q3, 2021)

63.0m

Gross profit (Q3, 2021)

41.7m

Gross profit margin (Q3, 2021), %

66.2%

Net income (Q3, 2021)

14.0m

EBIT (Q3, 2021)

(14.1m)

Market capitalization (12-Nov-2021)

4.8b

Closing stock price (12-Nov-2021)

254.9

Cash (30-Sept-2021)

267.0m

EV

4.5b
SiTime Corporation's current market capitalization is $4.8 b.
Annual
USDFY, 2019FY, 2020

Revenue

84.1m116.2m

Revenue growth, %

(1%)38%

Cost of goods sold

44.5m58.2m

Gross profit

39.6m57.9m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

21.7m21.5m32.7m35.5m44.5m63.0m

Cost of goods sold

11.8m11.5m15.8m16.7m17.7m21.3m

Gross profit

10.0m10.0m16.9m18.8m26.8m41.7m

Gross profit Margin, %

46%46%52%53%60%66%
Annual
USDFY, 2019FY, 2020

Cash

63.4m73.5m

Accounts Receivable

17.7m23.9m

Inventories

11.9m12.4m

Current Assets

99.7m113.2m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

71.2m102.5m69.2m257.0m253.5m267.0m

Accounts Receivable

15.8m13.0m17.2m22.2m25.3m32.5m

Inventories

14.2m14.8m15.2m15.0m18.5m19.6m

Current Assets

105.0m132.4m105.4m297.7m302.6m323.1m
Annual
USDFY, 2019FY, 2020

Net Income

(6.6m)(9.4m)

Depreciation and Amortization

8.3m6.4m

Inventories

8.1m(2.1m)

Accounts Payable

(1.1m)2.6m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

(5.1m)(10.7m)(11.4m)(3.6m)(1.5m)12.4m

Depreciation and Amortization

2.0m3.7m5.0m1.6m3.5m5.6m

Inventories

(2.4m)(3.1m)(3.5m)(2.6m)(6.1m)(7.3m)

Accounts Payable

371.0k491.0k3.8m1.7m2.4m3.2m
USDFY, 2019

EV/EBIT

-75.4 x

EV/CFO

49.8 x

Revenue/Employee

604.8k

Debt/Equity

0.8 x

Debt/Assets

0.4 x

Financial Leverage

2 x

P/E Ratio

(40.5)
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SiTime Corporation Operating Metrics

SiTime Corporation's Units Shipped was reported to be 1.5 b in Q3, 2019. SiTime Corporation's Customers was reported to be 10 k in Q3, 2019.
Q3, 2019

Customers

10 k

Patent Applications

30

Patents Issued

55

Units Shipped

1.5 b
Show all operating metrics

SiTime Corporation Acquisitions / Subsidiaries

Company NameDateDeal Size
SiTime France
SiTime Japan GK
SiTime Netherlands, B.V.
SiTime Ukraine, LLC

SiTime Corporation Revenue Breakdown

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SiTime Corporation revenue breakdown by geographic segment: 48.0% from Taiwan, 26.1% from Hong Kong, 7.3% from United States and 18.5% from Other

SiTime Corporation Cybersecurity Score

Cybersecurity ratingPremium dataset

C

75/100

SecurityScorecard logo

SiTime Corporation Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

SiTime Corporation Online and Social Media Presence

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SiTime Corporation Company Culture

  • Overall Culture

    A+

    92/100

  • CEO Rating

    A-

    80/100

  • Compensation

    A+

    100/100

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SiTime Corporation News and Updates

SiTime Corporation to be Added to the S&P MidCap 400 Index

SANTA CLARA, Calif., Nov. 23, 2021 (GLOBE NEWSWIRE) -- SiTime Corporation (Nasdaq: SITM), a leader in MEMS timing, today announced the company will be added to the S&P MidCap 400® Index, effective prior to the opening of trading on Tuesday, November 30, 2021.

SiTime Corporation to Announce Second Quarter 2021 Financial Results on August 4, 2021

SANTA CLARA, Calif., July 08, 2021 (GLOBE NEWSWIRE) -- SiTime Corporation (Nasdaq: SITM), a market leader in MEMS timing, will announce its second quarter 2021 financial results on Wednesday, August 4, 2021, after market close.

SiTime Corporation to Announce First Quarter 2021 Financial Results on May 4, 2021

SANTA CLARA, Calif., April 07, 2021 (GLOBE NEWSWIRE) -- SiTime Corporation (Nasdaq: SITM), a market leader in MEMS timing, will announce its first quarter 2021 financial results on Tuesday, May 4, 2021, after market close.

SiTime Corporation Announces Pricing of Follow-on Public Offering

SANTA CLARA, Calif., Feb. 17, 2021 (GLOBE NEWSWIRE) -- SiTime Corporation (Nasdaq: SITM), a leader in MEMS timing, today announced the pricing of its follow-on public offering of 3,000,000 shares of its common stock at a price to the public of $127.00 per share, including 1,500,000 shares of commo…

SiTime Corporation to Announce Third Quarter 2020 Financial Results on November 4, 2020

SANTA CLARA, Calif., Oct. 06, 2020 (GLOBE NEWSWIRE) -- SiTime Corporation (Nasdaq: SITM), a market leader in MEMS timing, will announce its third quarter 2020 financial results on Wednesday, November 4, 2020, after market close.

SiTime Corporation Announces Pricing of Follow-on Public Offering

SANTA CLARA, Calif., June 11, 2020 (GLOBE NEWSWIRE) -- SiTime Corporation (Nasdaq: SITM), a market leader in MEMS timing, announced today the pricing of its follow-on public offering of 3,500,000 shares of its common stock at a price to the public of $32.00 per share, including 2,500,000 shares of…
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SiTime Corporation Blogs

SiT1408 Low Power Active Resonator Drop-In Replacement for 4-pin SMD XTAL

SiT1408 Low Power Active Resonator Drop-In Replacement for 4-pin SMD XTAL robinash Fri, 11/19/2021 - 16:38 1408 No SiT1408: Low Power Active Resonator Drop-In Replacement for 4-pin SMD XTAL The SiT1252 is SiTime’s second-generati…

The Transformation of Timing

The Transformation of Timing robinash Thu, 11/18/2021 - 18:56 Since the dawn of civilization, humans have understood the importance of time. Timing creates opportunities …

SiTime Corporation Announces Completion of Follow-on Public Offering

SiTime Corporation Announces Completion of Follow-on Public Offering chronos_admin Mon, 11/15/2021 - 13:09 Date Mon, 11/15/2021 - 13:05 Type Press Release Copy SANTA CLARA, Calif., Nov. 15, 2021 (GLOBE NEWSWIR…

SiTime Reports Third Quarter 2021 Financial Results

SiTime Reports Third Quarter 2021 Financial Results chronos_admin Wed, 11/03/2021 - 13:10 Date Wed, 11/03/2021 - 13:06 Type Press Release Copy SANTA CLARA, Calif., Nov. 03, 2021 (GLOBE NEWSWIRE) -- SiTime Corp…

Impact of Timing on Synchronization in Data Centers and 5G Networks

Impact of Timing on Synchronization in Data Centers and 5G Networks robinash Mon, 10/25/2021 - 18:41 Language English Gated Off Solution Communications & Enterprise Vi…

Clock Jitter in High-speed Serial Links - LIVE Webinar

Clock Jitter in High-speed Serial Links - LIVE Webinar robinash Thu, 10/07/2021 - 13:08 Description Visualize how reference-clock jitter flows through a high-speed serial link. Learn best practices for selecting SerDes reference clocks and using test equipment to measure jitte…
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SiTime Corporation Frequently Asked Questions

  • When was SiTime Corporation founded?

    SiTime Corporation was founded in 2005.

  • Who are SiTime Corporation key executives?

    SiTime Corporation's key executives are Rajesh Vashist, Raman Chitkara and Narayanan (Nara) Bharath.

  • How many employees does SiTime Corporation have?

    SiTime Corporation has 187 employees.

  • What is SiTime Corporation revenue?

    Latest SiTime Corporation annual revenue is $116.2 m.

  • What is SiTime Corporation revenue per employee?

    Latest SiTime Corporation revenue per employee is $621.2 k.

  • Who are SiTime Corporation competitors?

    Competitors of SiTime Corporation include Tronics Microsystems, SH Asia Pacific and Telford Philippines.

  • Where is SiTime Corporation headquarters?

    SiTime Corporation headquarters is located at 5451 Patrick Henry Dr, Santa Clara.

  • Where are SiTime Corporation offices?

    SiTime Corporation has offices in Santa Clara and L'viv.

  • How many offices does SiTime Corporation have?

    SiTime Corporation has 2 offices.