Silicon Motion 4Q25 Earnings Highlights NASDAQ: SIMO February 4, 2026 Safe Harbor Statement Agenda 4Q 2025 Operating Highlights Financial (Non-GAAP) Financial (GAAP) Business 3 • Revenue = $278.5m (+15% QoQ, +46% Y/Y) • Gross Margin = 49.2% (vs. 48.7% prior Qtr) • Operating Exp = $83.2m (vs. $79.5m prior Qtr) • Operating Margin = 19.3% (vs. 15.8% prior Qtr) • EPS (diluted) = $1.26 (vs. $1.00 prior Qtr) • Revenue = $278.5m (+15% QoQ, +46% Y/Y) • Gross Margin = 49.1% (vs. 48.6% prior Qtr) • Operating Exp = $1 ...

Financial Performance (Q3 2025 Non-GAAP) - Revenue reached $242.0 million, a 22% increase QoQ and a 14% increase Y/Y[5, 28] - Gross margin was 48.7%, compared to 47.7% in the previous quarter[5] - Operating expenses amounted to $79.5 million, up from $69.3 million in the prior quarter[5] - Operating margin was 15.8%, an increase from 12.8% in the previous quarter[5] - Diluted EPS was $1.00, compared to $0.69 in the prior quarter[5] Financial Performance (Q3 2025 GAAP) - Revenue reached $242.0 million, a 22% increase QoQ and a 14% increase Y/Y[5] - Gross margin was 48.6%, compared to 47.7% in the previous quarter[5] - Operating expenses amounted to $88.5 million, up from $72.4 million in the prior quarter[5] - Operating margin was 12.1%, an increase from 11.2% in the previous quarter[5] - Diluted EPS was $1.16, compared to $0.49 in the prior quarter[5] Sales Performance by Product Category - SSD controller sales increased by 20% to 25% Q/Q and decreased by 0% to 5% Y/Y[6] - eMMC+UFS controller sales increased by 20% to 25% Q/Q and increased by 35% to 40% Y/Y[6] - SSD solutions sales increased by 15% to 20% Q/Q and decreased by 40% to 45% Y/Y[6] Q4 2025 Financial Guidance - Revenue is projected to be between $254 million and $266 million, representing a 5% to 10% increase Q/Q and a 33% to 39% increase Y/Y[27] - Gross margin is expected to be between 48.5% and 49.5%[27] - Operating margin is projected to be between 19.0% and 20.0%[27]

Core Insights - Silicon Motion Technology Corporation (SIMO) is set to showcase its next generation product suite, including two new SSD controllers, SM2504XT and SM2324, at Computex 2025, highlighting its leadership in high-performance SSD solutions for various applications [1][6] Group 1: Product Innovations - The SM2504XT is a PCIe Gen5 DRAM-less controller built on a 6nm process, achieving sequential read speeds of up to 11.5 GB/s and write speeds of 11.0 GB/s, with random read IOPS of 1.7 million and write IOPS of 2.0 million, while maintaining power consumption under 5W [2][3] - The SM2504XT offers an 11% improvement in performance per watt over its predecessor, setting a new efficiency benchmark for PCIe Gen5 SSDs [2] - The SM2324 is the world's first true single-chip portable SSD controller with native USB4 support, capable of read and write speeds of up to 4,000MB/s and supporting storage capacities of up to 32 TB [4] Group 2: Market Applications - Silicon Motion's controller technologies target a wide range of markets, including automotive systems, AI-powered smartphones, datacenter/enterprise SSDs, and high-performance display interfaces, supporting AI-driven applications [5] - The innovations are expected to generate incremental demand for Silicon Motion's solutions, leading to higher revenues and improved financial performance [7] Group 3: Stock Performance - Shares of Silicon Motion have declined by 21% over the past year, compared to the industry's decline of 3.7% [8]

Core Insights - Silicon Motion Technology Corporation announced the launch of two new SSD controllers at COMPUTEX 2025, emphasizing its leadership in energy-efficient and high-performance SSD solutions for various applications [1][5]. Product Highlights - The SM2504XT is an ultra-low power PCIe Gen5 DRAM-less controller that delivers up to 11.5 GB/s sequential read and 11.0 GB/s write speeds, achieving an 11% improvement in performance per watt compared to the previous generation [2][3]. - The SM2324 is the first single-chip portable SSD controller with native USB4 support and built-in Power Delivery, offering sequential read/write speeds of up to 4,000MB/s and supporting storage capacities of up to 32TB [4]. Market Positioning - Silicon Motion's products are designed for AI PCs, gaming systems, and portable devices, targeting the growing demand for cost-effective and energy-efficient SSD solutions [3][5]. - The company also plans to showcase a wide range of controller solutions for markets including automotive, AI smartphones, datacenter/enterprise SSDs, and high-performance display interfaces at COMPUTEX 2025 [5]. Company Overview - Silicon Motion is recognized as the global leader in supplying NAND flash controllers for solid-state storage devices, serving a diverse customer base that includes major NAND flash vendors and leading OEMs [6].