SiTime Files Pro Forma Financials for $4B Renesas Timing Acquisition
SITM has more than doubled off its 52-week low of $236.125.
Summary
SiTime filed the required pro forma financials for its completed Renesas timing business acquisition, revealing a preliminary purchase consideration of approximately $4.0 billion and a pro forma net loss of $217 million for 2025.
Key Events · M&A and Partnerships · SITM
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Preliminary Purchase Consideration Totals $4.0B
The acquisition consideration is approximately $4.0 billion, comprising $1.5 billion cash plus 3,558,691 shares of SiTime common stock valued at $703.84 per share on July 1, 2026, plus replacement awards and other adjustments.
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Pro Forma 2025 Net Loss of $217M
The pro forma combined income statement for the year ended December 31, 2025 shows a net loss of $217.1 million, driven by $230.7 million of incremental intangible amortization and $24.2 million of non-recurring transaction costs.
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Purchase Price Allocation Reveals $1.88B Goodwill
The preliminary allocation assigns $1.88 billion to goodwill and $2.12 billion to identifiable intangible assets, including $1.6 billion for developed technology, $462 million for customer contracts, and $51 million for order backlog.
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Timing Business Revenue Up 57% YoY
The acquired Timing Product Business generated $153.0 million in revenue for the six months ended June 30, 2026, up from $97.3 million in the prior-year period, with revenue less direct expenses of $75.9 million.
Analysis · SITM · Manufacturing
This 8-K/A delivers the first detailed financial picture of SiTime's completed acquisition of Renesas' timing business. The preliminary purchase consideration totals approximately $4.0 billion — far above the $1.5 billion cash headline — because the 3.56 million shares issued as stock consideration were valued at $703.84 per share on the closing date. The pro forma income statement shows the deal would have produced a $217 million net loss for 2025, driven by $230.7 million of incremental intangible amortization and $24.2 million of transaction costs. The purchase price allocation assigns $1.88 billion to goodwill and $2.12 billion to identifiable intangibles, with developed technology alone valued at $1.6 billion. These figures give investors their first concrete view of the deal's earnings impact and balance sheet composition.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 29.9% of the 1988 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.12%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, SITM was trading at $628.56 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $18B. The 52-week trading range was $236.13 to $901.81. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.