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Silicon Motion reports Q2 2026 sales up 32% Q/Q and 127% Y/Y with strong growth in SSD and storage solutions.

Company Fundamentals
29 Jul 2026
GlobeNewsWire
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Bullish
pluang ai news

Silicon Motion announced its Q2 2026 financial results, showing net sales of $451 million, a 32% increase from Q1 and 127% year-over-year growth. Key drivers included SSD controller sales rising 5-10% Q/Q and 50-55% Y/Y, and eMMC+UFS controller sales increasing 15-20% Q/Q and nearly doubling Y/Y. The company also saw a massive surge in Ferri & Boot Drive solutions sales, up over 110% Q/Q and nearly 1700% Y/Y. Management highlighted the company's strategic shift towards diversified storage solutions and AI infrastructure, expecting continued strong growth and record annual revenue in 2026.

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