Financial Performance & Guidance - Q2 2025 revenue reached $1205 million, a 19% year-over-year decrease [43] - Q2 2025 Non-GAAP operating loss was $57 million [43] - The company maintains FY25 revenue guidance between $64 million and $70 million, representing a 7% to 17% year-over-year increase [10, 12] - FY25 gross bookings are projected to be between $67 million and $74 million, a 2% to 13% year-over-year increase [12] - Q3 2025 revenue is guided to be between $14 million and $18 million, a 28% to 64% increase from Q3 2024 [12, 62] Strategic Initiatives & Market Expansion - Silvaco expanded its serviceable addressable market (SAM) by $110 million through the acquisition of Mixel IP [10, 22] - The company achieved Annual Contract Value (ACV) growth of 26% for the trailing twelve months (TTM) ending in Q2 2025 [22, 39] - 14% of revenue came from 10 new customers, representing $39 million in bookings [16] Product & Customer Highlights - 40% of revenue was generated from expansion within existing customers, resulting in $43 million in bookings [16] - TCAD bookings decreased by $78 million, a 55% decrease year-over-year, due to a high-value FTCO booking in Q2 2024 [48] - SIP bookings increased by $15 million, an 87% increase year-over-year, driven by foundry enablement [48]

Financial Performance & Guidance - FY 2024 Bookings were $65.8 million, a 13% increase, and Revenue was $59.7 million, a 10% increase[11] - Q1 2025 Revenue was $14.1 million, an 11% decrease year-over-year[34] - Q1 2025 Bookings were $13.7 million, a 15% decrease year-over-year[34] - The company is providing Q2 2025 Revenue guidance in the range of $12 million to $16 million, and full year 2025 Revenue guidance in the range of $64 million to $70 million, representing a 7% to 17% increase year-over-year[12] - The company is providing Q2 2025 Gross Bookings guidance in the range of $14 million to $18 million, and full year 2025 Gross Bookings guidance in the range of $67 million to $74 million, representing a 2% to 13% increase year-over-year[12] Strategic Initiatives & Market Expansion - The company expanded its Serviceable Addressable Market (SAM) by $600 million through acquisitions, including PPC and Tech-X, targeting AI, Photonics, and IoT markets[11] - The company's Total Addressable Market (TAM) is $4.4 billion, including $3.3 billion for Electronic Design Automation (EDA) and $0.5 billion for Fab Technology Co-Optimization (FTCO)[17] - Annual Contract Value (ACV) for the trailing twelve months ending Q1 2025 was $52.3 million, a 21% increase year-over-year[49] Product & Customer Highlights - TCAD accounted for 52% of Q1 2025 bookings at $7 million, while EDA contributed 41% at $5.6 million, and SIP made up 7% at $1 million[39] - The company landed 9 new customers for AI and Photonics in Q1 2025, representing 23% of bookings[15] - Expansion within existing customers accounted for 38% of Q1 2025 bookings[15]