SILCNasdaqComputer Communications EquipmentFiscal year ends December 31
SILICOM LTD.
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 28, 2026
$41.08+0.71 (+1.75%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
30.6%−0.9 pts over 5 years
Operating margin
-19.8%−25.6 pts over 5 years
Net margin
-18.5%−23.9 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +6.6% | -25.6% | -10.4% | -2.9% | |
| Gross profit | +14.0% | -28.6% | -10.9% | -5.7% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 11.2% | 3.6% | -9.4% | |
| Return on assets | 9.2% | 2.9% | -7.6% | |
| Current ratio | 5.75 | 4.64 | 4.15 | |
| Inventory turnover | 1.8× | 1.8× | 0.9× | |
| Capex to revenue | 1.4% | 1.6% | 1.9% | |
| Diluted shares | 7M | 7M | 6M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Silicom generated $57.54M from operations and spent $46.50M on capital expenditure, dividends and share buybacks. 17% of that went back into the business.
Generated
$57.54M
Used
$46.50M
Capital expenditure$7.92M17%Dividends$00%Share buybacks$38.58M83%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-18.5%
×Asset turnover0.41×
×Equity multiplier1.23×
=Return on equity, FY2025-9.4%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -18.5% | 0.41× | 1.23× | -9.4% |
| FY2024 | -23.6% | 0.37× | 1.15× | -9.9% |
| FY2023 | -21.3% | 0.65× | 1.17× | -16.1% |
| FY2022 | 12.2% | 0.69× | 1.29× | 10.8% |
| FY2021 | 8.2% | 0.62× | 1.33× | 6.7% |
| FY2020 | 5.3% | 0.55× | 1.23× | 3.6% |
| FY2019 | 9.7% | 0.56× | 1.18× | 6.4% |
| FY2018 | 10.9% | 0.78× | 1.15× | 9.8% |
| FY2017 | 17.3% | 0.81× | 1.18× | 16.6% |
| FY2016 | 13.1% | 0.70× | 1.22× | 11.2% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-$11.48M
- Cash generatingOperating cash flow above zero-$2.16M
- Return on assets improvedROA up on the prior year-8.2% → -7.6%
- Earnings backed by cashOperating cash flow above net income-$2.16M vs -$11.48M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose8.60 → 4.15
- No dilutionShare count did not rise6M → 6M
- Gross margin improvedGross margin up on the prior year28.56% → 30.56%
- More efficientAsset turnover rose0.35 → 0.41