SiTime Corporation reported strong second-quarter results, with revenue more than doubling year-over-year. The company saw significant growth across all segments and completed its acquisition of Renesas' Timing Business after the quarter ended.
Key Highlights
- Second quarter revenue grew 127% year-over-year to $157.4 million, up from $69.5 million in the prior-year period.
- Non-GAAP gross margin expanded to 67.1% from 58.2% in the second quarter of 2025.
- The company reported broad-based strength, with every segment growing by at least 50% and the CED (Consumer, Enterprise, and Data Center) segment growing 181% year-over-year.