Silvaco Reports Third Quarter 2026 Financial Results

(NASDAQ:SVCO) Silvaco Group, Inc. announced its third quarter 2026 results, highlighting a record Q3 in TCAD bookings of $10.3 million, up 89% year-over-year, driven by a major new tier-1 FTCO customer. The company secured record bookings for its Jivaro Pro RC parasitic reduction solution in Q3 2026, with 4 tier-1 wins across multiple end markets. Silvaco sold its first internally developed MIPI controller with industry-leading MIPI PHYs and delivered a fully functional 2nm MIPI C-PHY/D-PHY combo solution. The business was streamlined into two focused product teams: AI Manufacturing (including TCAD multiphysics, FTCO, and related technologies) and AI Design (including Semiconductor IP and complementary EDA solutions). David Dutton, former CEO, was appointed to lead Sales. GAAP revenue for Q3 2026 was $16.3 million, down 13% year-over-year. TCAD revenue was $7.6 million, up 16% year-over-year. EDA revenue was $4.6 million, down 56% year-over-year. SIP revenue was $4.1 million, up 141% year-over-year. GAAP gross margin was 84%, up 613 basis points year-over-year. GAAP operating loss was $4.3 million, compared to $9.3 million in Q3 2025. GAAP net loss was $4.6 million, compared to $5.3 million in Q3 2025. GAAP basic and diluted net loss per share was $0.14, compared to $0.18 in Q3 2025. Cash and cash equivalents at quarter-end totaled $22.0 million. Gross bookings were $19.3 million, down 15% year-over-year. Non-GAAP gross margin was 85%, up 509 basis points year-over-year. Non-GAAP operating loss was $1.0 million, compared to $2.6 million in Q3 2025. Non-GAAP net loss was $1.3 million, compared to $2.1 million in Q3 2025. Non-GAAP basic and diluted net loss per share was $0.04, compared to $0.07 in Q3 2025. For Q4 2026, Silvaco expects bookings of $21.0 million +/- 10%, revenue of $22.0 million +/- 10%, non-GAAP gross margin of around 88%, and non-GAAP operating expenses of $16.0 million +/- 5%. The company expects 35% sequential revenue growth in Q4, 17% year-over-year growth in 2026, and mid-to-high teens growth in 2027. Silvaco has a global presence with offices in North America, Brazil, China, Japan, Taiwan, United States, Ukraine, Russia, Israel, and Iran.

Silvaco CEO Dr. Walden “Wally” Rhines Inducted into the National Academy of Engineering

(NASDAQ:SVCO) The company announced that an individual has been recognized with a prestigious honor for the co-invention of the blue-light-emitting diode. The honor also acknowledges a lifetime of leadership in the semiconductor industry. No further details regarding the award, the recipient, or additional context are provided in the source text.

Silvaco Announces Participation at Upcoming Investor Conferences

Silvaco Group, Inc. (Nasdaq: SVCO) announced that its Chief Executive Officer, Walden Rhines, and Chief Financial Officer, Chris Zegeralli, will participate in upcoming investor conferences. The events include the Needham Technology, Media, and Consumer Conference on May 14 and the B. Riley Securities 2026 Investor Conference on May 21. A live webcast and replay of the presentation will be available on the company’s investor relations website. Silvaco provides AI-enabled TCAD, EDA, and SIP solutions for semiconductor design and digital twin modeling. The company has a global presence with offices in North America, Brazil, China, Egypt, Japan, Taiwan, and Vietnam.