Silicom Files Full H1 2026 Results: Revenue Up 46%, But Cash Burn Accelerates
SILC has more than doubled off its 52-week low of $13.344.
Summary
Silicom filed full H1 2026 financials showing 46% revenue growth to $42.9M, a $4.45M net loss, and $16.2M in operating cash burn driven by a large inventory build.
Key Events · Earnings and Guidance · SILC
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H1 Revenue Up 46%
Sales reached $42.9M for the six months ended June 30, 2026, up from $29.4M a year earlier, driven by ramp-up of prior design wins.
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Operating Cash Burn
Cash used in operating activities was $16.2M, versus $3.5M provided a year ago, mainly due to a $20.9M inventory increase.
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Inventory Build
Inventories rose to $70.7M from $52.7M at year-end 2025, with a $2.7M write-down of obsolete inventory recorded in the period.
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Cash Position
Cash and equivalents fell to $25.1M from $35.2M at December 31, 2025; management states cash is sufficient for at least the next twelve months.
Analysis · SILC · Technology
Silicom's first-half revenue jumped 46% to $42.9M, but the company burned $16.2M in operating cash as inventory ballooned to $70.7M. Cash reserves fell to $25.1M from $35.2M at year-end. The company says cash is sufficient for at least 12 months, but the working capital build is a real drain.
How filings like this one have moved
In the 30 days to Oct 2, 2026, 29.9% of the 1661 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, SILC was trading at $52.85 on NASDAQ in the Technology sector, with a market capitalization of approximately $303.4M. The 52-week trading range was $13.34 to $53.31. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.