Jun 2026 (Q2 FY26) — Jul 30, 2026
Silicon Motion Q2 FY26 — Record Revenue & AI/Enterprise Diversification
Read the full callSilicon Motion (SIMO) earnings
- Jun 2026 (Q2 FY26)
- Dec 2025
Silicon Motion earnings: last reported Thu, 30 Jul 2026, for the quarter ended Jun 2026.
Guidance
What management said, and what became of it
26 of 26 judged targets kept · 22 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Full-year gross margin reaching 50% | 50% gross margin achievable in 2026 | Mar 2026 | achieving record revenue of $451 million and gross margin above 50%, driven by continued growth across all our core markets. | Achieved |
| Non-GAAP operating margin recovery to historical range | 25% plus | Mar 2025 | we're confident that along with much higher revenue and improved gross profitability, our operating margins can exceed 30% exiting this year. | Revised Up |
| Combined new-market revenue share (MonTitan + automotive + boot drive) | more than 20% of total revenue | Dec 2024 | Ferri and Boot Drive solutions more than doubled sequentially and represent near 30% of our total revenue, up from 4% a year ago, and we are just getting started. | On Track |
22 of Silicon Motion Technology CORP's 48 targets are still open. See which are on track and which have gone quiet. The 3 above are the free sample; 45 more targets are in the full ledger.
Claimed
- Achieved record revenue of $451 million, exceeding guided range of $393 million to $411 million.
- Gross margin reached 50.2%, surpassing guided range of 48.5% to 49.5%.
- Ferri for Automotive & Enterprise Boot Drives revenue more than doubled sequentially, representing nearly 30% of total revenue.
- MonTitan enterprise SSD controllers entered commercial production with 2 Tier 1 customers, with 5 more expected in H2 FY26.
- Expects record FY26 revenue, up more than 100% year-over-year.
Qualified
- NAND supply challenges and elevated pricing are expected to persist until 2028.
- PCIe 5 transition for edge SSDs is proceeding more slowly than anticipated 6 months ago.
- Smartphone unit decline is expected to be 10% to 15% in 2026.
- Availability of 2-terabit QLC NAND dies is delayed, impacting QLC-based solution ramp until late FY27/FY28.
Price
$218.39 −2.32% · −$5.19
Performance +146.1% 1Y
1Y: $88.74 on 14 Oct 2025 → $218.39. High $336.9 (22 Jun 2026), low $80.16 (20 Nov 2025).
- Previous close
- $223.58
- 52-week range
- $80.16 – $336.9
- One year
- +135.72%
Overview
- Symbol
- SIMO
- Sector
- Information Technology
- Industry
- Semiconductors & Related Devices
- Exchange
- US
- Currency
- USD
Guidance
What management said, and what became of it
26 of 26 judged targets kept · 22 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Full-year gross margin reaching 50% | 50% gross margin achievable in 2026 | Mar 2026 | achieving record revenue of $451 million and gross margin above 50%, driven by continued growth across all our core markets. | Achieved |
| Non-GAAP operating margin recovery to historical range | 25% plus | Mar 2025 | we're confident that along with much higher revenue and improved gross profitability, our operating margins can exceed 30% exiting this year. | Revised Up |
| Combined new-market revenue share (MonTitan + automotive + boot drive) | more than 20% of total revenue | Dec 2024 | Ferri and Boot Drive solutions more than doubled sequentially and represent near 30% of our total revenue, up from 4% a year ago, and we are just getting started. | On Track |
Claimed
- Achieved record revenue of $451 million, exceeding guided range of $393 million to $411 million.
- Gross margin reached 50.2%, surpassing guided range of 48.5% to 49.5%.
- Ferri for Automotive & Enterprise Boot Drives revenue more than doubled sequentially, representing nearly 30% of total revenue.
- MonTitan enterprise SSD controllers entered commercial production with 2 Tier 1 customers, with 5 more expected in H2 FY26.
- Expects record FY26 revenue, up more than 100% year-over-year.
Qualified
- NAND supply challenges and elevated pricing are expected to persist until 2028.
- PCIe 5 transition for edge SSDs is proceeding more slowly than anticipated 6 months ago.
- Smartphone unit decline is expected to be 10% to 15% in 2026.
- Availability of 2-terabit QLC NAND dies is delayed, impacting QLC-based solution ramp until late FY27/FY28.
The full ledger
Open Silicon Motion Technology CORP’s full ledger
A free account opens 5 company ledgers a month. All 48 tracked commitments, with each call’s wording and source.
Call summaries
Mar 2026 (Q1 FY26) — Apr 29, 2026
Silicon Motion Q1 FY26 — Record Revenue Driven by Strong eMMC/UFS and Emerging AI Solutions
Read the full callEvery analysed call
Silicon Motion earnings calls (SIMO)
Financials
What the filings say
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Reserves | 302 | 271 | 282 | 412 | 425 | 411 | 433 | 468 |
| Total liabilities | 140 | 161 | 184 | 314 | 229 | 273 | 259 | 392 |
| Fixed assets | 101 | 98 | 105 | 124 | 139 | 167 | 188 | 219 |
| Investments | 4 | 2 | — | — | — | — | — | — |
| Total assets | 673 | 698 | 742 | 971 | 961 | 1,008 | 1,031 | 1,223 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 108 | 78 | 117 | 175 | 84 | 149 | 77 | 61 |
| Cash from investing | -80 | 35 | -22 | -28 | -33 | -49 | -44 | -27 |
| Cash from financing | -102 | -70 | -74 | -100 | -183 | -17 | -67 | -92 |
| Capital expenditure | -75 | -11 | -20 | -25 | -33 | -50 | -44 | -55 |
| Free cash flow | 33 | 67 | 98 | 150 | 51 | 99 | 33 | 6 |
Insider filings
6 filings between May 6, 2026 and Jun 18, 2026.
Open market
decisions to buy or sellPurchases
None
No insider bought shares.
Sales
$1.93M
6 sales by 3 insiders
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| LIN KUAN-MING | — | $930.3K | Jun 18, 2026 |
| SHIEH HAN-PING | — | $629.3K | Jun 18, 2026 |
| DUANN SHII TYNG | — | $367.5K | May 6, 2026 |
Latest filings (6)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Jun 18, 2026 | LIN KUAN-MING Director | Sale | 1,000 | $320.3K |
| Jun 18, 2026 | SHIEH HAN-PING Director | Sale | 1,000 | $328.0K |
| Jun 17, 2026 | LIN KUAN-MING Director | Sale | 1,000 | $300.0K |
| Jun 17, 2026 | LIN KUAN-MING Director | Sale | 1,000 | $310.0K |
| Jun 2, 2026 | SHIEH HAN-PING Director | Sale | 1,000 | $301.3K |
| May 6, 2026 | DUANN SHII TYNG Director | Sale | 1,500 | $367.5K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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