Silicon Labs — Third Quarter 2026 Earnings Summary

Silicon Labs reported third-quarter 2026 revenue of $251 million, representing a 22% increase year-over-year, driven by strong growth in medical and home applications. The company achieved a GAAP diluted earnings per share of $0.26, a significant turnaround from a $0.30 loss in the prior year period, while non-GAAP diluted earnings per share reached $1.05. Medical revenue set a new quarterly record, surging 48% sequentially and over 300% year-over-year, contributing to a gross margin of 60.8% on a GAAP basis. Due to the pending acquisition by Texas Instruments, Silicon Labs has suspended its forward-looking financial guidance.