Silicon Motion 2Q FY26 GAAP earnings per diluted ADS more than doubled to USD 3.99; net sales rise 32% Q/Q to USD 451 million
Reuters2026/07/29 22:01- Silicon Motion posted 2Q 2026 GAAP net income of USD 136.1 million, or USD 3.99 per diluted ADS, up from 1Q 2026.
- Net sales climbed 32% quarter-on-quarter to USD 451 million, up 127% year-on-year.
- GAAP gross margin widened 3.1 percentage points to 50.2% from 1Q 2026; GAAP operating margin widened 7.1 percentage points to 22.4%.
- Controller demand stayed broad-based, with SSD controller sales up 5% to 10% Q/Q, eMMC+UFS up 15% to 20%.
- 3Q 2026 outlook calls for net sales of USD 519 million to USD 541 million, up 15% to 20% Q/Q.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Storage Giant Offers Huge Bonuses Again: Micron Awards Up to 68 Months’ Bonus
Micron Technology has announced record-breaking bonuses for its employees in Taiwan, ranging from 35 to 68 months’ salary, with a minimum cash compensation of 1.7 million New Taiwan dollars. However, the Taoyuan union, representing about two-thirds of Micron’s workers in Taiwan, has refused to accept the offer, insisting that 15% of operating profits be included in the bonus distribution and maintaining the threat of a strike.
Dogecoin ETF Closure Sets October Exit for Bitwise BWOW Holders
Crypto prices
More
