Earnings ·
Silicom reports $42.9M sales, up 45.9%, as net loss narrows to $4.5 million
SILCSilicom Ltd.
Silicom Ltd. released unaudited financial results for the six months ended June 30, 2026. Sales increased 45.9% to $42.9 million from $29.4 million in the prior year period. Gross profit rose to $12.8 million from $9.0 million, though gross margin contracted slightly to 29.9%. The company reported a net loss of $4.5 million, narrowing from a $6.1 million loss in the same period last year. Operating expenses increased across R&D, sales and marketing, and general administrative categories, largely due to payroll growth and unfavorable currency fluctuations between the US dollar and the New Israeli Shekel as well as the Danish Krone. Cash used in operating activities totaled $16.2 million, driven primarily by a significant increase in inventory levels to support customer orders and mitigate supply chain constraints. Silicom Ltd. operates in the technology industry, designing and manufacturing high-performance networking and data infrastructure solutions.