Silvaco Group reported third quarter 2026 revenue of $16.3 million and a non-GAAP net loss of $0.04 per share, both missing analyst expectations. While the high-growth Semiconductor Intellectual Property (SIP) segment expanded triple-digits year-over-year, it fell short of the aggressive sequential targets set after a strong second quarter. Despite the quarterly miss, management projected record-breaking revenue for the fourth quarter, driven by a record $10.3 million in TCAD bookings.
Key Highlights
- SIP segment revenue reached $4.1 million, a 141% year-over-year increase, but significantly below the $6.0 million quarterly target.
- EDA revenue collapsed by 56% year-over-year to $4.6 million, weighing heavily on the total top-line performance.
- TCAD bookings hit a record $10.3 million, up 89% year-over-year, supported by a major new Tier-1 FTCO customer win.
- Q4 guidance anticipates record revenue of $22.0 million at the midpoint, representing 35% sequential growth.