Silicon Motion Technology posts record Q2 2026 earnings
Silicon Motion Technology Corp. reported second‑quarter 2026 revenue of $451 million, up 32 % sequentially and 127 % year‑over‑year. GAAP net sales matched the revenue figure, while GAAP net income reached $136.1 million, or $3.99 per American Depositary Share. On a non‑GAAP basis, net income was $83.1 million, or $2.43 per ADS. The company posted a non‑GAAP gross margin of 50.2 % and an operating margin of 23.1 %, both exceeding its guidance. Cash and restricted cash fell to $181.8 million from $210.9 million a quarter earlier, and a dividend of $16.9 million was paid.
CEO Wallace Kou said the results reflect Silicon Motion’s shift from a NAND flash‑controller focus to a diversified portfolio of storage controllers serving AI infrastructure, automotive applications and edge devices. CFO Jason Tsai highlighted the contribution of the MonTitan enterprise SSD controllers to margin expansion and noted strong demand across automotive storage, enterprise boot drives and embedded controller markets.
Entities: Jason Tsai · Silicon Motion Technology Corp. · Wallace Kou
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [○ 1 SOURCE] Non‑GAAP operating margin for the quarter was 23.1%. (article 2)
- [○ 1 SOURCE] Cash and restricted cash at quarter‑end were $181.8 million, down from $210.9 million at the end of the prior quarter. (article 2)
- [○ 1 SOURCE] Non‑GAAP gross margin for the quarter was 50.2%. (article 2)
- [○ 1 SOURCE] Revenue growth was driven by automotive storage, enterprise boot drives, embedded controllers and new enterprise SSD products. (article 2)
- [○ 1 SOURCE] Non‑GAAP net income for Q2 2026 was $83.1 million, or $2.43 per ADS. (article 1)
- [○ 1 SOURCE] GAAP net income for Q2 2026 was $136.1 million, or $3.99 per ADS. (article 1)
- [○ 1 SOURCE] The company paid a dividend of $16.9 million during the quarter. (article 2)
- [● 2 SOURCES] Silicon Motion reported Q2 2026 revenue of $451 million, up 32% sequentially and 127% year over year. (both article 1 and article 2)