Silicon Labs cuts FY2025 operating loss to USD 36.9 million, down 68%

Reuters
12 hours ago
Silicon Labs cuts FY2025 operating loss to USD 36.9 million, down 68%

Silicon Labs reported its earnings for the fiscal year ending January 3, 2025, with revenues increasing by USD 200.4 million compared to the prior year, driven by higher sales in both its Industrial & Commercial products and Home & Life products segments. Gross margin rose to 58.2% for the full year, up from 53.4% in the previous fiscal year, primarily due to lower indirect and overhead expenses. The company noted that 91% of its revenues for the period were derived from customers outside the United States. Arrow Electronics and Edom Technology accounted for 28% and 21% of total revenues, respectively, during the period. Silicon Labs highlighted that its product demand continues to be subject to some seasonal factors, especially for consumer-related ICs, but rapid market changes make the impact of seasonality difficult to estimate. The period also saw a focus on managing research and development costs relative to the commercial success of new products. Interest income, interest expense, and tax provision figures were also included, reflecting ongoing management of cash balances and financing obligations.

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