Silicon Motion Technology Corp income statement
In fiscal 2025, Silicon Motion Technology Corp reported revenue of $886m, up 10.2% on the year before, operating income of $93.0m (a 10.5% margin) and net income of $123m, or $3.64 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 133 | 224 | 281 | 225 | 289 | 361 | 556 | 523 | 530 | 457 | 540 | 922 | 946 | 639 | 804 | 886 |
| Cost of revenue | — | — | — | — | — | — | 282 | 272 | 270 | 235 | 279 | 461 | 480 | 369 | 435 | 458 |
| Gross profit | 62 | 108 | 132 | 107 | 150 | 185 | 275 | 251 | 261 | 222 | 260 | 461 | 466 | 270 | 369 | 428 |
| Research and development | 34 | 41 | 51 | 46 | 61 | 71 | 92 | 102 | 102 | 110 | 122 | 164 | 189 | 174 | 218 | 263 |
| Selling and marketing | 12 | 15 | 16 | 14 | 16 | 20 | 26 | 26 | 29 | 25 | 25 | 29 | 32 | 27 | 27 | 34 |
| General and administrative | 10 | 11 | 12 | 11 | 13 | 16 | 17 | 17 | 18 | 18 | 16 | 22 | 31 | 28 | 31 | 37 |
| Operating income | 6 | 41 | 53 | 35 | 59 | 76 | 137 | 95 | 105 | 52 | 80 | 246 | 214 | 40 | 91 | 93 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Income before tax | −6 | 47 | 54 | 37 | 61 | 79 | 139 | 99 | 110 | 72 | 86 | 247 | 213 | 61 | 107 | 140 |
| Income tax | −1 | 6 | 7 | 10 | 16 | 18 | 28 | 24 | 12 | 8 | 6 | 47 | 40 | 8 | 18 | 17 |
| Net income | −5 | 41 | 47 | 27 | 44 | 60 | 111 | 75 | 98 | 64 | 80 | 200 | 173 | 53 | 89 | 123 |
| Diluted EPS | −$0.20 | $1.28 | $1.40 | $0.80 | $1.32 | $1.72 | $3.12 | $2.08 | $2.72 | $1.84 | $2.28 | $5.72 | $5.16 | $1.60 | $2.64 | $3.64 |
| Diluted shares (average) | 29m | 32m | 34m | 34m | 34m | 35m | 36m | 36m | 36m | 35m | 35m | 35m | 33m | 33m | 34m | 34m |
| EBITDA | 11 | 47 | 59 | 42 | 66 | 84 | 147 | 106 | 117 | 65 | 94 | 263 | 233 | 62 | 116 | 123 |
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