Monitor Q4 2026 revenue against the $27-$28M guidance range and the trajectory of Design Win conversions, which drive recurring revenue. The company's return to non-GAAP profitability and raised full-year guidance suggest the inflection point may be sustained, but cash burn and inventory buildup ($72.8M vs $52.7M at year-end) warrant attention.
Price Chart
Executive Summary
Silicom reported Q3 2026 revenue of $26.7M, up 71% YoY from $15.6M, and returned to non-GAAP profitability with net income of $0.3M ($0.04 per share) vs a $2.1M loss a year ago. The company raised full-year 2026 revenue guidance to $96-$98M (57% YoY growth), citing strong Design Win momentum and a return to profitability ahead of expectations.
Key Financial Metrics
Key Facts
- Q3 2026 revenue $26.7M, up 71% YoY from $15.6M
- Non-GAAP net income $0.3M ($0.04 per share) vs loss of $2.1M ($0.36 loss per share) in Q3 2025
- GAAP net loss narrowed to $0.3M ($0.06 loss per share) from $2.8M loss ($0.49 loss per share) YoY
- Full-year 2026 revenue guidance raised to $96-$98M, representing 57% YoY growth
- Q4 2026 revenue guided to $27-$28M, representing 66% YoY growth at the upper end
- Year-to-date Design Wins total eight, exceeding the low end of full-year guidance
- Operating cash flow not explicitly stated; cash and equivalents $13.7M at quarter end vs $35.2M at year-end 2025
Financial Impact
Revenue growth of 71% YoY and return to non-GAAP profitability; guidance raised to $96-$98M for FY2026
Risk Factors
- Cash and equivalents declined to $13.7M from $35.2M at year-end 2025; inventory rose to $72.8M, indicating working capital strain
- GAAP net loss persists, though narrowing; operating cash flow not disclosed
- Dependence on a limited number of customers for substantial revenue growth
- Geopolitical risks from operations in Israel and potential shipping disruptions
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001178913-26-004900 |
| Document: zk2636288.htm | 0001178913-26-004900 |
| Document: 0001178913-26-004900-index-headers.html | 0001178913-26-004900 |
| Document: 0001178913-26-004900-index.html | 0001178913-26-004900 |
| Document: 0001178913-26-004900.txt | 0001178913-26-004900 |
| 6-K Earnings Context (Synthetic) | 0001178913-26-004900 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 29, 2026 3d ago | Press Release | No price | awaiting T+60 | awaiting T+60 | No price |
Oct 29, 2026 3d ago | 6-K | $35.31 | awaiting T+60 | awaiting T+60 | $33.54 (−5.01%) |
Oct 1, 2026 4w ago | Press Release | $53.63 | awaiting T+60 | awaiting T+60 | $33.54 (−37.46%) |
Oct 1, 2026 4w ago | 6-K | $53.63 | awaiting T+60 | awaiting T+60 | $33.54 (−37.46%) |
Sep 30, 2026 4w ago | SC 13G | $53.63 | awaiting T+60 | awaiting T+60 | $33.54 (−37.46%) |
Sep 28, 2026 4w ago | 6-K | $51.09 | awaiting T+60 | awaiting T+60 | $33.54 (−34.35%) |
Sep 2, 2026 8w ago | 6-K | $39.51 | awaiting T+60 | awaiting T+60 | $33.54 (−15.10%) |
Aug 28, 2026 9w ago | Insider Cluster | $42.20 | awaiting T+60 | awaiting T+60 | $33.54 (+20.52%) |
Aug 18, 2026 10w ago | Insider Cluster | $45.91 | awaiting T+60 | awaiting T+60 | $33.54 (+26.94%) |
Aug 13, 2026 11w ago | Insider Cluster | $44.89 | awaiting T+60 | awaiting T+60 | $33.54 (+25.28%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers