At a glance
Silicon Laboratories Inc is worth $7.40B. Revenue grew 34.3% to $784.8M in fiscal 2025, at a loss; over 5 years it has grown 9.0% a year. It pays no dividend; it spent $2.25B buying back its shares over FY2021–FY2025. The stock returned +62.1% over the past year with dividends reinvested and +3.5% a year over five years, against +11.5% and +11.7% for the S&P 500. At its worst it fell 34.8% in the 2020 crash (S&P 500: 33.7%) and 42.9% in the 2022 bear market (S&P 500: 24.5%), and was back at its earlier high 6 months and 41 months after the lows.
The business in plain English
Silicon Laboratories designs chips that let devices connect wirelessly, part of the Internet of Things (IoT), meaning equipment and gadgets linked to the internet. Its main products are wireless microcontrollers and systems-on-chip: small chips that serve as a device's brain and include a radio for Bluetooth, Wi-Fi, Zigbee, Thread, Z-Wave and other standards. They go into smart meters, electronic shelf labels, door locks, thermostats, glucose monitors and fitness wearables. Its Simplicity Studio tools help engineers build them into products.
The company earns revenue from those chips, which outside manufacturers produce for it. Customers order through its own sales team, independent representatives and distributors such as Arrow Electronics and Edom Technology, using individual purchase orders rather than long-term contracts. Its ten largest end customers made up 25% of revenue in fiscal 2025 (the year ended January 3, 2026), and none topped 10%.
Fiscal 2025 revenue was $785 million. Industrial & Commercial products (metering, lighting, factories, retail) brought in 57%, and Home & Life (smart home and connected health) 43%. By region, China made up 33%, Taiwan 17%, the United States 9% and other areas 42%. In February 2026 the company agreed to be acquired by Texas Instruments for $231 per share in cash, with closing expected in the first half of 2027 if stockholders and regulators approve.
Price history
The interactive chart needs JavaScript.
SLAB +62.1% over the year to Oct 28, 2026, total return with dividends reinvested.
How it makes money
By product or service
| Industrial & Commercial | $444.9M | 56.7% |
| Home & Life | $339.9M | 43.3% |
By geography
| Rest of world | $328.6M | 41.9% |
| China | $257.1M | 32.8% |
| Taiwan | $130.5M | 16.6% |
| United States | $68.5M | 8.7% |
Latest results
- In Q2 FY2026 (ended Jul 4, 2026), revenue was $228.2M, up 18.3% from a year earlier, and net income was $-10.6M.
- For fiscal 2025, revenue was $784.8M (+34.3% year over year; +9.0% a year from FY2020 to FY2025) with a -8.3% net margin.
Financial health check
| Revenue growth a year (FY2020–FY2025) | +9.0% good |
|---|---|
| Operating margin | -9% weak |
| Free cash flow margin | 8.4% watch |
| Return on equity (FY2025) | -5.9% weak |
| Return on assets (FY2025) | -5.1% weak |
| Cash and investments | $397.2M (no borrowings found in the filings) good |
| Fiscal year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2020 | $510.9M | $12.5M | $117.6M |
| FY2021 | $720.9M | $2.12B | $62.6M |
| FY2022 | $1.02B | $91.4M | $114.7M |
| FY2023 | $782.3M | $-34.5M | $-52.6M |
| FY2024 | $584.4M | $-191.0M | $-25.7M |
| FY2025 | $784.8M | $-64.9M | $65.8M |
Valuation snapshot
| Market value | $7.40B |
|---|---|
| P/E ratio | — |
| Dividend yield | None |
Rank among 1514 US companies
Market value at each year end
Silicon Laboratories’s market value went from $2.71B at the end of 2016 to $7.40B on Oct 28, 2026, about 2.7 times as much; since the end of 2025 it is up 72%.
Show as a table
| Year end | Market value | Change |
|---|---|---|
| Oct 28, 2026 | $7.40B | +72.3% |
| 2025 | $4.29B | +6.5% |
| 2024 | $4.03B | -4.1% |
| 2023 | $4.20B | -6.9% |
| 2022 | $4.52B | -45.6% |
| 2021 | $8.30B | +48.6% |
| 2020 | $5.58B | +10.9% |
| 2019 | $5.03B | +47.9% |
| 2018 | $3.40B | -9.5% |
| 2017 | $3.76B | +38.5% |
| 2016 | $2.71B |
Price behavior
| YTD | 1 yr | 3 yr | 5 yr | 10 yr | |
|---|---|---|---|---|---|
| SLAB price data to Oct 28, 2026 | +69.7% | +62.1% | +32.7% | +3.5% | +13.9% |
Show as a table
| Year | Price data |
|---|---|
| 2026 (to date) | +69.7% |
| 2025 | +5.2% |
| 2024 | -6.1% |
| 2023 | -2.5% |
| 2022 | -34.3% |
| 2021 | +62.1% |
| 2020 | +9.8% |
| 2019 | +47.2% |
| 2018 | -10.8% |
| 2017 | +35.9% |
| 2016 | +33.9% |
| 2015 | +1.9% |
| 2014 | +9.9% |
| 2013 | +3.6% |
| 2012 | -3.7% |
| 2011 | -5.7% |
| 2010 | -4.9% |
| 2009 | +95.2% |
| 2008 | -33.8% |
| 2007 | +8.0% |
| 2006 | -5.5% |
| 2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009 | Lost 47.9% over that stretch · deepest drop along the way 60.5%, back to its old high 8.8 months after the low |
|---|---|
| 2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020 | Lost 29.2% over that stretch · deepest drop along the way 34.8%, back to its old high 5.5 months after the low |
| 2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022 | Lost 42.2% over that stretch · deepest drop along the way 42.9%, back to its old high 41 months after the low |
Insider activity
Form 4 filings from 2025-10-29 to 2026-10-29 (25 read): 0 open-market purchases and 5 sales ($4.2M), 4 of them under pre-arranged 10b5-1 trading plans.
| Date | Insider | Type | Value |
|---|---|---|---|
| May 18, 2026 | Robert Matthew Johnson President & CEO, Director | sell | $1.7M |
| Aug 14, 2026 | Robert J Conrad Sr VP and General Manager | sell (plan) | $1.4M |
| Dec 4, 2025 | Brandon Tolany Sr VP WW Sales & Marketing | sell (plan) | $595K |
| Dec 5, 2025 | Brandon Tolany Sr VP WW Sales & Marketing | sell (plan) | $276K |
| Jan 13, 2026 | Nina Richardson Director | sell (plan) | $202K |
Who owns it
Large shareholders (13G filings)
| BlackRock, Inc. | 12.5% | Mar 31, 2025 |
| Vanguard Portfolio Management | 6.57% | Mar 31, 2026 |
| Vanguard Capital Management | 5.23% | Mar 31, 2026 |
| Capital Research Global Investors | 3.7% | Jun 30, 2025 |
| FMR LLC | 2.1% | Feb 27, 2026 |
ETFs with the most weight in SLAB
| SIMS SPDR S&P Kensho Intelligent Structures ETF | 2.91% |
| SMHX VanEck Fabless Semiconductor ETF | 1.91% |
| DTEC ALPS Disruptive Technologies ETF | 0.8% |
| HAPS Harbor Human Capital Factor US Small Cap ETF | 0.56% |
| ILDR First Trust Innovation Leaders ETF | 0.55% |
| CARZ First Trust S-Network Future Vehicles & Technology ETF | 0.44% |
| QQQS Invesco NASDAQ Future Gen 200 ETF | 0.42% |
| VTWG Vanguard Russell 2000 Growth ETF | 0.34% |
What could go wrong
- The Texas Instruments deal could fall through. The $231-per-share cash deal needs stockholder and regulatory approval and is expected to close in the first half of 2027. A delay or collapse could hurt the business and the share price.
- Business limits while the merger is pending. Until closing, the merger agreement restricts some business activities and discourages rival bidders from making a better offer. Lawsuits over the deal could also delay or block it.
- Outside factories concentrated in one region. Third parties make, assemble and test its chips. Most of those partners, plus its distributors and customers, are in the same region, so a disaster, war or unrest there could disrupt output and sales.
- Heavy exposure to China and trade barriers. China made up 33% of fiscal 2025 revenue and Taiwan 17%. Tariffs, trade restrictions and other barriers to international trade could reduce demand or raise costs.
- Narrow technology bets against bigger rivals. Its research centers on a limited number of new technologies and products. If the industry delays or abandons them, or larger, better-funded rivals win customers, sales and market share could shrink.
- Boom-and-bust chip industry cycles. Semiconductor demand swings sharply. Revenue fell from $1.02 billion in fiscal 2022 to $584 million in fiscal 2024 before rebounding to $785 million, with net losses in fiscal 2023, 2024 and 2025.
Recent events
- Quarterly results released
- Other company announcement
- Quarterly results released
- Shareholder vote results
- Quarterly results released
- Major agreement signed; Investor presentation or announcement
- Quarterly results released
For income and retirement investors
Silicon Laboratories pays no dividend and paid none from fiscal 2021 through fiscal 2025, so it provides no income. It returned cash through buybacks instead: about $2.25 billion over those five years, mostly in fiscal 2021 and 2022, and close to nothing in fiscal 2024 and 2025. Shares outstanding fell 17% between October 2021 and August 2026. If the Texas Instruments deal closes, holders receive $231 per share in cash, which caps the upside; the stock rose 2.8% over the six months to October 28, 2026.
In past downturns the shares fell sharply: 60.5% in the 2008 financial crisis, 34.8% in the 2020 COVID crash and 42.9% in the 2022 bear market. They regained their old highs about 9 and 5.5 months after the 2008 and 2020 lows, but recovery from the 2022 low took about 41 months, until February 6, 2026, just after the merger announcement. Single stocks carry more risk than diversified funds.
Questions investors ask
Does SLAB stock pay a dividend?
No. Silicon Laboratories paid no dividends from fiscal 2021 through fiscal 2025, so it has no dividend record or yield. It returned cash through share buybacks instead, spending about $2.25 billion over those years, mostly in fiscal 2021 and 2022, before buybacks dropped to almost nothing in fiscal 2024 and 2025. Holders earn returns only from the share price or, if the Texas Instruments deal closes, the $231-per-share cash payment.
Is Texas Instruments acquiring Silicon Laboratories?
Yes. On February 4, 2026, Silicon Laboratories agreed to be acquired by Texas Instruments for $231.00 in cash per share, and its board approved the deal unanimously. Closing is expected in the first half of 2027 and requires stockholder approval and regulatory clearances. If completed, SLAB shares would be canceled in exchange for the cash, and the company would become a wholly owned Texas Instruments subsidiary. In a regular taxable account, a cash takeover is generally treated like a sale of the shares.
How does Silicon Laboratories make money?
It earns revenue from wireless chips for the Internet of Things, meaning connected devices. Its microcontrollers and systems-on-chip handle Bluetooth, Wi-Fi, Zigbee, Thread and other links, and outside manufacturers produce them. In the fiscal year ended January 3, 2026, revenue was $784.8 million: 56.7% from Industrial & Commercial uses such as smart meters and electronic shelf labels, and 43.3% from Home & Life uses such as smart-home gear and health monitors. China accounted for 32.8% of revenue.
Is Silicon Laboratories profitable?
Not on a net basis. It lost $64.9 million, or $1.98 per share, in fiscal 2025 (the year ended January 3, 2026), after losing $191.0 million in fiscal 2024. Still, revenue rose 34.3% to $784.8 million, 58.2% of revenue remained after production costs (gross margin), and free cash flow, the cash left after running and investing in the business, turned positive at $65.8 million. In the quarter ended July 4, 2026, revenue grew 18.3% to $228.2 million, with a net loss of $10.6 million.
How has SLAB stock performed over the long term?
Unevenly. As of October 28, 2026, the shares returned 13.9% a year over 10 years, only 3.5% a year over five years and 62.1% over one year. By calendar year, it lost 34.3% in 2022, 2.5% in 2023 and 6.1% in 2024, then gained 5.2% in 2025. In 2026, the year the Texas Instruments deal was announced, it rose 69.7% through October 28. The deepest drop in about 21 years of price history was 70.7%.