Core Insights - Silvaco Group, Inc. achieved record gross bookings of $22.8 million and record revenue of $18.7 million in Q3 2025, marking a 131% increase in bookings and a 70% increase in revenue year-over-year [1][6][4] - Despite the record revenue, the company reported an operating loss of $9.3 million due to high operating expenses, prompting the initiation of a cost-reduction program expected to lower annualized non-GAAP operating expenses by at least $15 million [2][6] - The company is focusing on core growth drivers and enhancing financial discipline to improve future results [2] Financial Performance - Revenue for Q3 2025 was $18.7 million, up 70% from $10.97 million in Q3 2024 [6][26] - TCAD revenue was $6.5 million (up 1%), EDA revenue was $10.4 million (up 294%), and SIP revenue was $1.7 million (down 6%) [6] - GAAP gross margin improved to 77.9%, up 326 basis points year-over-year, while non-GAAP gross margin reached 81.5%, up 179 basis points [6] - The company reported a GAAP net loss of $5.3 million, compared to a net loss of $6.6 million in Q3 2024, with a basic and diluted net loss per share of $0.18 [6][26] Business Developments - The acquisition of Mixel Group, Inc. was completed early in Q3 2025, contributing to the company's growth strategy [6] - The Jivaro parasitics reduction tool is gaining traction among leading semiconductor companies, and Analog Power Conversion LLC has adopted Silvaco's Design Technology Co-Optimization Flow for next-generation power devices [6] - Vicor has also adopted Silvaco's Victory TCAD™ 3D Simulation Solution for accurate power device modeling and simulation [6] Future Outlook - For Q4 2025, Silvaco expects bookings in the range of $15 million to $19 million and revenue between $14 million and $18 million [12] - Non-GAAP gross margin is anticipated to be between 78% and 82%, with non-GAAP operating expenses projected at $16 million to $18 million [12]

Core Viewpoint - Silvaco Group, Inc. has reached a settlement regarding its litigation with former Nangate shareholders, with the Court of Appeal reversing previous fraud and breach of contract verdicts, leading to the dismissal of all claims [1][2]. Company Overview - Silvaco is a provider of TCAD, EDA software, and SIP solutions that facilitate semiconductor design and digital twin modeling through AI software and innovation [3]. - The company's solutions are utilized in semiconductor and photonics processes, devices, and systems development across various markets, including display, power devices, automotive, memory, high-performance computing, foundries, photonics, IoT, and 5G/6G mobile markets for complex SoC design [3]. - Silvaco is headquartered in Santa Clara, California, and has a global presence with offices in North America, Europe, Egypt, Brazil, China, Japan, Korea, Singapore, Vietnam, and Taiwan [3].

Core Viewpoint - Silvaco Group, Inc. will release its financial results for Q3 2025 on November 12, 2025, and will provide a full-year outlook during a conference call [1][2]. Company Overview - Silvaco is a provider of TCAD, EDA software, and SIP solutions that facilitate semiconductor design and digital twin modeling through AI software and innovation [3]. - The company's solutions are utilized in various sectors including semiconductor and photonics processes, automotive, memory, high-performance computing, and 5G/6G mobile markets [3]. - Silvaco is headquartered in Santa Clara, California, with a global presence in North America, Europe, Egypt, Brazil, China, Japan, Korea, Singapore, Vietnam, and Taiwan [3]. Upcoming Events - The financial results will be discussed in a conference call scheduled for November 12, 2025, at 5:00 p.m. Eastern time [1][3]. - An earnings presentation will accompany the management's remarks, and a replay of the conference call will be available on the company's investor relations website [2].

Core Insights - Silvaco Group, Inc. has announced that Analog Power Conversion LLC has adopted its TCAD and EDA tools for Design Technology Co-Optimization (DTCO) [1][2] Group 1: Strategic Initiative - The collaboration enables Analog Power Conversion to accelerate product innovation, enhance power device performance, and reduce time-to-market for high-frequency and high-power silicon and silicon carbide (SiC) solutions [2][4] - Analog Power Conversion has implemented Silvaco's integrated platform, which includes Victory TCAD™ for process and device simulation, UTMOST IV™ for SPICE model parameter extraction, and SmartSpice™ for circuit simulation and verification [3][4] Group 2: Benefits of Integration - The end-to-end DTCO platform provides a unified environment for simulating, characterizing, and optimizing power devices, allowing better correlation between fabrication process variations and device performance [4][5] - This DTCO approach ensures rapid design iteration, tighter feedback between manufacturing and design, and higher first-pass success, which is crucial for markets like automotive systems, industrial automation, and energy infrastructure [5] Group 3: Company Overview - Silvaco specializes in TCAD, EDA software, and SIP solutions for semiconductor design and digital twin modeling, serving various markets including automotive, power devices, and 5G/6G mobile [6]

Core Viewpoint - Silvaco Group, Inc. has appointed Chris Zegarelli as Chief Financial Officer, effective September 15, 2025, to drive growth and innovation in the semiconductor industry [1][2]. Company Overview - Silvaco is a provider of TCAD, EDA software, and SIP solutions that facilitate semiconductor design and digital twin modeling through AI software and innovation [3]. - The company serves various markets including display, power devices, automotive, memory, high-performance computing, foundries, photonics, IoT, and 5G/6G mobile markets [3]. Leadership Appointment - Chris Zegarelli brings over 20 years of leadership experience in the semiconductor industry, with expertise in investor relations, financing, financial reporting, forecasting, M&A, operations, and strategic planning [2]. - Prior to joining Silvaco, Zegarelli served as Senior Vice President of Finance at Infineon Technologies, where he led integration and strategic planning following a significant acquisition [2]. Strategic Focus - Zegarelli expressed enthusiasm about joining Silvaco at a pivotal growth stage, emphasizing the company's commitment to innovation and market momentum [3]. - He aims to work closely with the leadership team to drive strategic growth initiatives and strengthen the financial foundation of the company [3].

Core Insights - Silvaco Group, Inc. has appointed Dr. Walden C. Rhines as the new CEO following the departure of Dr. Babak Taheri, who led the company for nearly seven years and oversaw its initial public offering [1][2] - Dr. Rhines expressed confidence in Silvaco's market position and technology offerings, emphasizing the company's potential for growth and shareholder value creation [2][3] Company Overview - Silvaco is a provider of TCAD, EDA software, and SIP solutions that facilitate semiconductor design and digital twin modeling through AI software and innovation [4] - The company's solutions cater to various markets, including semiconductor and photonics processes, automotive, memory, high-performance computing, and 5G/6G mobile markets [4] - Silvaco is headquartered in Santa Clara, California, with a global presence across North America, Europe, Asia, and other regions [4]

Company Overview - Silvaco Group, Inc. is a provider of TCAD, EDA software, and SIP solutions that facilitate semiconductor design and digital twin modeling through AI software and innovation [2] - The company is headquartered in Santa Clara, California, and has a global presence with offices in North America, Europe, Egypt, Brazil, China, Japan, Korea, Singapore, Vietnam, and Taiwan [2] Industry Participation - Silvaco's CEO, Dr. Babak Taheri, will participate in the Jefferies' Semis, IT Hardware & Comm Tech Summit in Chicago on August 26-27, 2025 [1]

Core Insights - Silvaco Group, Inc. reported second quarter 2025 results with gross bookings of $12.91 million and revenue of $12.05 million, reflecting a year-over-year decline of 19% and a quarter-over-quarter decline of 15% [6][9] - The company achieved a trailing twelve-month Annual Contract Value (ACV) growth of 26% and landed 10 new logos across various sectors including photonics, automotive, military, foundry, and power [1][3] - The acquisition of Mixel Group, Inc. is expected to expand Silvaco's Serviceable Addressable Market (SAM) by an estimated $110 million, in addition to $600 million from previous acquisitions this year [3][6] Financial Performance - Revenue breakdown for Q2 2025: TCAD revenue was $6.8 million (down 34% year-over-year), EDA revenue was $3.4 million (up 15% year-over-year), and SIP revenue was $1.8 million (up 11% year-over-year) [6][9] - GAAP gross profit was $8.5 million with a gross margin of 71%, compared to $10.1 million and a gross margin of 68% in Q2 2024 [6][9] - Non-GAAP gross profit was $9.2 million with a non-GAAP gross margin of 76%, down from $12.8 million and 86% in Q2 2024 [9][19] Business Highlights - 14% of Q2 revenue came from 10 new customers, while 6% was from new customers acquired in the previous two quarters [6] - 40% of Q2 revenue was generated from expansion in existing customers, and another 40% from renewals [6] - The company has made leadership updates with three new additions to the executive team, enhancing its strategic capabilities [6] Future Outlook - For Q3 2025, Silvaco expects gross bookings in the range of $14.0 million to $18.2 million, representing a 42% to 84% increase year-over-year [10] - Revenue guidance for Q3 2025 is projected between $14.0 million and $18.0 million, indicating a 28% to 64% increase from Q3 2024 [10] - The company anticipates a GAAP net loss of $9.4 million for Q3 2025, an improvement compared to a net loss of $38.4 million in Q2 2024 [9][10]

Core Insights - Silvaco Group, Inc. has completed the acquisition of Mixel Group, Inc., enhancing its semiconductor IP capabilities targeting high-growth markets such as mobile, automotive, VR, AR, IoT, and robotics [1][2] Company Overview - Silvaco is a provider of TCAD, EDA software, and SIP solutions, facilitating semiconductor design and digital twin modeling through AI [4] - The company operates globally with offices in North America, Europe, Egypt, Brazil, China, Japan, Korea, Singapore, Vietnam, and Taiwan [4] Acquisition Details - The acquisition of Mixel follows a definitive agreement announced on July 29, 2025, and Mixel will now be part of Silvaco's Semiconductor IP Business Unit [2] - Mixel specializes in low-power, high-performance semiconductor IP, particularly in programmable SerDes and PHY solutions, with over 25 years of proven success [3] Strategic Implications - The integration of Mixel's technologies and engineering talent is expected to accelerate innovation and enhance customer value [3] - Silvaco aims to leverage Mixel's expertise to bring new solutions to market more rapidly and strengthen customer partnerships [3]

Core Viewpoint - Silvaco Group, Inc. has announced a definitive agreement to acquire Mixel Group, Inc. to enhance its semiconductor IP offerings in high-growth markets such as mobile, automotive, VR, AR, IoT, and robotics [1][4] Company Overview - Silvaco is a provider of TCAD, EDA software, and SIP solutions, facilitating semiconductor design and digital twin modeling through AI [5] - Mixel specializes in low-power connectivity silicon IP, focusing on high-performance, programmable SerDes and PHY solutions [3][6] Acquisition Details - The acquisition is expected to close on or before August 1, 2025, pending customary closing conditions [2] - The transaction involves a combination of cash and stock [1] Strategic Implications - The acquisition will allow Silvaco to strengthen its collaboration across the semiconductor ecosystem and support continued growth [4] - Mixel's IP is already deployed by leading semiconductor and system companies, enhancing Silvaco's market position [4] Leadership and Transition - Ashraf Takla, CEO of Mixel, will join Silvaco to ensure a smooth transition for Mixel's employees, customers, and partners [4] - The combined R&D capabilities of both companies are expected to drive innovation in connectivity IP solutions [4]