PR Newswire·Nov 10, 2026, 4:01 PM ET

Silicon Labs Reports Third Quarter 2026 Results

Silicon Labs reported $251 million in third-quarter revenue, representing a 22% year-over-year increase.
Medical revenue reached a new record, growing 48% sequentially and over 300% year-over-year.
Industrial & Commercial revenue totaled $141 million (up 20% year-over-year) while Home & Life revenue was $110 million (up 24% year-over-year).
GAAP diluted earnings per share were $0.26, a significant improvement from a $0.30 loss in the prior year quarter.
Non-GAAP diluted earnings per share were $1.05, up 228% compared to the comparable period last year.
GAAP gross margin was 60.8% while non-GAAP gross margin was 61.0%.
Distributor inventory declined to multi-year lows while end customer inventory remained near record lows.
Due to the pending acquisition by Texas Instruments, Silicon Labs has suspended all forward-looking guidance.