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Silicon Labs reports Q1 revenue of $214M and non-GAAP EPS of $0.53, driven by strong industrial IoT demand.

Company Fundamentals
05 May 2026
PRNewsWire
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Bullish
pluang ai news

Silicon Labs posted $214 million in revenue for Q1 2026, a 20% increase year-over-year, with non-GAAP earnings per share of $0.53. Growth was led by a 33% rise in industrial and commercial revenue, fueled by demand in electronic shelf labels and smart metering. The company also saw a 21% increase in medical applications revenue and maintained strong design win momentum. Silicon Labs is progressing with its merger plans with Texas Instruments but has suspended forward-looking guidance amid the acquisition process.

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