SILC

MKT CAP:$172M

Silicom Ltd.

Market Cap

$172M

Technology·Communication Equipment·🇮🇱 Israel·NASDAQ

Technology·Communication·🇮🇱·NASDAQ

Stock Price

$30.69+$16.48 (+115.97%)

Apr 22, 2026

Company Details

Silicom Ltd., together with its subsidiaries, designs, manufactures, markets, and supports networking and data infrastructure solutions for a range of servers, server-based systems, and communications devices in the United States, North Ame...

CEO

Liron Eizenman

IPO Date

Feb 18, 1994

Website

www.silicom-usa.com

Key Metrics TTM

Revenue

$62M

-0.7% YoY

Net Income

-$11M

EPS (Diluted)

-$2.01

Free Cash Flow

-$3M

Revenue / Share

$10.85

Gross Margin

30.6%

Operating Margin

-19.8%

Net Margin

-18.5%

FCF Margin

-5.4%

P/S

2.8x

P/E

—

Earnings Reports

Q1 2026

Apr 30, 2026

PENDING

FY 2025

Dec 30, 2025

$62M+6.6%EPS -$2.01

Q4 2025

Mar 16, 2026

$17MEPS -$0.44

Q3 2025

Oct 30, 2025

$16M+5.8%EPS -$0.49

Q2 2025

Jul 31, 2025

$15M+3.6%EPS -$0.59

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 21	$36M	$13M	$4M
Q1 22	$32M	$11M	$2M
Q2 22	$34M	$12M	$4M
Q3 22	$39M	$14M	$6M
Q4 22	$45M	$15M	$7M
Q1 23	$37M	$12M	$4M
Q2 23	$38M	$12M	$4M
Q3 23	$30M	$9M	$960.0K
Q4 23	$19M	-$4M	-$38M
Q1 24	$14M	$4M	-$3M
Q2 24	$15M	$4M	-$3M
Q3 24	$15M	$4M	-$3M
Q1 25	$14M	$4M	-$3M
Q2 25	$15M	$5M	-$3M
Q3 25	$16M	$5M	-$3M
Q4 25	$17M	$5M	-$3M

Valuation

Quarter	P/S	P/E
Q4 21	2.6x	31.8x
Q1 22	2.0x	26.3x
Q2 22	1.7x	17.9x
Q3 22	1.7x	15.3x
Q4 22	2.0x	16.7x
Q1 23	1.6x	12.9x
Q2 23	1.6x	13.1x
Q3 23	1.2x	12.3x
Q4 23	0.9x	—
Q1 24	0.9x	—
Q2 24	1.2x	—
Q3 24	1.3x	—
Q1 25	1.5x	—
Q2 25	1.5x	—
Q3 25	1.7x	—
Q4 25	1.3x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 21	$0	$0
Q1 22	$0	$0
Q2 22	$0	$0
Q3 22	$0	$0
Q4 22	$0	$0
Q1 23	$0	$0
Q2 23	$0	$0
Q3 23	$0	$0
Q4 23	$0	$0
Q1 24	$0	$0
Q2 24	$0	$0
Q3 24	$0	$0
Q1 25	$0	$0
Q2 25	$0	$0
Q3 25	$0	$0
Q4 25	-$2M	-$3M

Capital Expenditures

Quarter	CapEx
Q4 21	$0
Q1 22	$0
Q2 22	$0
Q3 22	$0
Q4 22	$0
Q1 23	$0
Q2 23	$0
Q3 23	$0
Q4 23	$0
Q1 24	$0
Q2 24	$0
Q3 24	$0
Q1 25	$0
Q2 25	$0
Q3 25	$0
Q4 25	$1M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 21	+7.1%	-1.4%
Q1 22	+10.6%	+11.0%
Q2 22	+12.8%	+10.0%
Q3 22	+19.1%	+11.6%
Q4 22	+24.5%	+19.3%
Q1 23	+15.9%	+11.8%
Q2 23	+11.6%	+13.7%
Q3 23	-23.3%	-11.5%
Q4 23	-58.5%	+48.0%
Q1 24	-61.4%	-46.2%
Q2 24	-62.0%	-48.4%
Q3 24	-50.9%	-38.6%
Q1 25	-23.3%	-68.8%
Q2 25	+4.6%	+1.9%
Q3 25	+7.7%	+6.1%
Q4 25	+14.6%	+10.3%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 21	$0	0.0%
Q1 22	$0	0.0%
Q2 22	$0	0.0%
Q3 22	$0	0.0%
Q4 22	$0	0.0%
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$0	0.0%
Q4 23	$0	0.0%
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$0	0.0%
Q1 25	$0	0.0%
Q2 25	$0	0.0%
Q3 25	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q4 21	$5M	$1M	$2M
Q1 22	$5M	$1M	$2M
Q2 22	$5M	$1M	$2M
Q3 22	$5M	$1M	$2M
Q4 22	$5M	$1M	$2M
Q1 23	$5M	$1M	$2M
Q2 23	$5M	$1M	$2M
Q3 23	$5M	$1M	$2M
Q4 23	$5M	$1M	$2M
Q1 24	$5M	$1M	$2M
Q2 24	$5M	$965.0K	$1M
Q3 24	$5M	$952.0K	$1M
Q1 25	$5M	$1M	$1M
Q2 25	$5M	$1M	$2M
Q3 25	$5M	$1M	$2M
Q4 25	$5M	$1M	$2M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$9M	$8M	$16M
Q2 22	$22M	$5M	$27M
Q3 22	$21M	$7M	$28M
Q4 22	$31M	$4M	$35M
Q1 23	$29M	$8M	$37M
Q2 23	$37M	$9M	$46M
Q3 23	$43M	$7M	$50M
Q4 23	$47M	$8M	$55M
Q1 24	$61M	$5M	$66M
Q2 24	$61M	$9M	$69M
Q3 24	$59M	$10M	$69M
Q4 24	$51M	$21M	$72M
Q1 25	$51M	$21M	$72M
Q2 25	$52M	$12M	$64M
Q3 25	$38M	$17M	$55M
Q4 25	$35M	$13M	$48M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 21	7M	-0.6%	-1.8%
Q1 22	7M	-0.8%	-3.4%
Q2 22	7M	-1.2%	-3.5%
Q3 22	7M	+0.7%	-2.0%
Q4 22	7M	+0.4%	-1.0%
Q1 23	7M	+0.5%	+0.3%
Q2 23	7M	-0.3%	+1.2%
Q3 23	7M	-1.1%	-0.6%
Q4 23	7M	+0.0%	-0.9%
Q1 24	6M	-7.1%	-8.4%
Q2 24	6M	-3.1%	-11.0%
Q3 24	6M	-2.6%	-12.4%
Q1 25	6M	-3.1%	-15.1%
Q2 25	6M	-1.0%	-9.5%
Q3 25	6M	+0.5%	-6.1%
Q4 25	6M	0.0%	-3.6%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 21	$273.0K	133
Q1 22	$241.1K	133
Q2 22	$256.8K	133
Q3 22	$294.5K	133
Q4 22	$332.3K	136
Q1 23	$273.4K	136
Q2 23	$280.4K	136
Q3 23	$221.0K	136
Q4 23	$156.4K	120
Q1 24	$119.7K	120
Q2 24	$120.8K	120
Q3 24	$123.0K	120
Q1 25	$120.9K	119
Q2 25	$126.2K	119
Q3 25	$131.2K	119
Q4 25	$142.1K	119

Revenue / Employee