Silicom Ltd. (NASDAQ:SILC) reported its third-quarter financial results for the period ended September 30, 2026, disclosing 71% year-over-year revenue growth and a return to non-GAAP profitability, according to a press release filed October 29, 2026.

Key Highlights

  • Q3 2026 revenues reached $26.7 million, up 71% from $15.6 million in Q3 2025, according to the filing.
  • GAAP net loss narrowed to $0.3 million, or $0.06 per ordinary share (basic and diluted), an 88% improvement from a $2.8 million loss in Q3 2025.
  • Non-GAAP net income of $0.3 million, or $0.04 per ordinary share (basic and diluted), compared with a non-GAAP net loss of $2.1 million in Q3 2025.
  • First-nine-months revenues rose 55% to $69.6 million, versus $45.0 million for the same period in 2025.
  • Two new Design Wins added in Q3 2026 bring the year-to-date total to eight, the company disclosed.
  • Q4 2026 revenue guidance set at $27-$28 million, with full-year 2026 guidance raised to $96-$98 million, representing 57% year-over-year growth at the midpoint.

Silicom Reports Q3 2026 Results: Revenue Surge and Profitability Milestone

Silicom Ltd., listed on NASDAQ:SILC, disclosed third-quarter 2026 financial results on October 29, 2026. According to the filing, revenues for the quarter ended September 30, 2026 reached $26.7 million, a 71% increase from $15.6 million recorded in the third quarter of 2025. The company reported a GAAP net loss of $0.3 million, or $0.06 per ordinary share (basic and diluted), compared with a GAAP net loss of $2.8 million, or $0.49 per ordinary share (basic and diluted), in the year-ago period, representing an 88% improvement.

On a non-GAAP basis, the company recorded net income of $0.3 million, or $0.04 per ordinary share (basic and diluted), compared with a non-GAAP net loss of $2.1 million, or $0.36 per ordinary share (basic and diluted), for Q3 2025. The filing notes that non-GAAP measures exclude compensation expenses related to options and RSUs granted to directors, officers, and employees, as well as lease liabilities and financial expenses. For the first nine months of 2026, the company reported revenues of $69.6 million, up 55% from $45.0 million, while the GAAP net loss for that period totalled $4.8 million, or $0.84 per ordinary share, a 46% improvement from $8.9 million, or $1.57 per ordinary share, in the first nine months of 2025.

Regarding forward guidance, the filing states that Q4 2026 revenues are expected to reach $27-$28 million, representing 66% year-over-year growth at the upper end. Full-year 2026 revenue projections were raised to $96-$98 million. The company's president and CEO, Liron Eizenman, is quoted in the filing as saying the company "returned to non-GAAP profitability well ahead of our initial expectations." The filing also notes that two new Design Wins were added in the quarter, bringing the year-to-date total to eight. The company's forward-looking statements are subject to its stated cautionary language and known and unknown risks.

What Was Disclosed

Silicom disclosed Q3 2026 revenues of $26.7 million (up 71% year-over-year), a return to non-GAAP profitability, year-to-date Design Win totals of eight, and raised full-year 2026 revenue guidance to $96-$98 million.