Slide 1: Silicon Labs Investor Presentation
Silicon Labs Investor Presentation AUGUST 5, 2025 1 ©Silicon Labs Inc. All rights reserved.
Slide 2: Private Securities Litigation Reform Act of 1995
Private Securities Litigation Reform Act of 1995 This presentation contains forward-looking statements based on Silicon Labs’ current risks; difficulties managing and/or obtaining sufficient supply from Silicon Labs’ expectations. The words “believe”, “estimate”, “expect”, “intend”, “anticipate”, “p
Slide 3: Non-GAAP Financial Measures
Non-GAAP Financial Measures In addition to the GAAP results provided throughout this presentation, Silicon Labs has provided non-GAAP financial measurements on a basis excluding non- cash and other charges and benefits. Details of these excluded items are presented in the tables below, which reconci
Slide 4: The Leading Innovator in Low-Power Connectivity
Quarterly Revenue ($M) FOUNDED IN 1996 +23% +33% Y-Y Y-Y The Leading Innovator $166 $166 $178 $193 $205 in Low-Power $145 Connectivity L I S TE D S L A B Q2'2024 Q3'2024 Q4'2024 Q1'2025 Q2'2025 Q3'2025 Midpoint of Guidance > 1 , 5 0 0 P A TE N T A S S E TS
Slide 5: To Be Undisputed Leader in Embedded Wireless
O U R V I S I O N To Be Undisputed Leader in Embedded Wireless 5 ©Silicon Labs Inc. All rights reserved.
Slide 6: Our Market
Broad market IoT adoption is accelerating: Our Barriers to adoption reduced Market Industry initiatives Artificial Intelligence >10 Billion devices per year by 2035 6 ©Silicon Labs Inc. All rights reserved.
Slide 7: Revenue Q2 2025
Revenue Q2 2025 Revenue $83M Home & Life Q2 2025 $193M Q1 2025 $178M 9% Q-Q Growth ▪ Revenue of $193 million increased 9% q/q $110M ▪ Home & Life increased 2% q/q Industrial & ▪ Industrial & Commercial increased Commercial 14% q/q 7 ©Silicon Labs Inc. All rights reserved.
Slide 8: Home & Life
Home & Life Home & Life ($M) Q2 2025 $83 Q1 2025 $82 Q4 2024 $78 Q3 2024 $70 Q2 2024 $57 45% Y-Y Growth in Q2’25 8 ©Silicon Labs Inc. All rights reserved.
Slide 9: Industrial & Commercial
Industrial & Commercial Industrial & Commercial ($M) Q2 2025 $110 Q1 2025 $96 Q4 2024 $89 Q3 2024 $96 Q2 2024 $88 25% Y-Y Growth in Q2’25 9 ©Silicon Labs Inc. All rights reserved.
Slide 10: Gross Margin Q2 2025
Gross Margin Q2 2025 ▪ GAAP gross margin improved to 56.1% in Q2, up from 55.0% in Q1 ▪ Non-GAAP gross margin improved to 56.3% in Q2, up from 55.4% in Q1 GAAP Q1 2025 55.0% Q2 2025 56.1% Non-GAAP1 Q1 2025 55.4% 1 These items are non-GAAP and exclude stock compensation expense, Q2 2025 56.3% amortiz
Slide 11: Earnings Per Share Q2 2025
Earnings Per Share Q2 2025 ▪ GAAP loss per share was $(0.67) in Q2 compared to $(0.94) in Q1 ▪ Non-GAAP earnings (loss) per share improved by 238% to $0.11 in Q2 from $(0.08) in Q1 GAAP ($0.94) ($0.67) Q1 2025 Q2 2025 Non-GAAP1 $0.11 ($0.08) 1 These items are non-GAAP and exclude stock compensation
Slide 12: Q2 2025 Balance Sheet Highlights
Q2 2025 Balance Sheet Highlights Days of inventory on hand improved to 86 days in Q2’25 from 94 days in ($ in Millions) Q1 2025 Q2 2025 Q/Q the prior quarter Cash, Cash Equivalents & STI* $425 $416 $(9) Accounts Receivable $52 $56 $4 Net Inventory $83** $81** $(3)** Total Debt 0 0 0 *Cash, Cash Equi
Slide 13: Q3 2025 Outlook
Q3 2025 Outlook Q3 2025 Revenue $200-$210 million Gross Margin1 57%-58% (Non-GAAP) Operating Expenses1 $107-$110 million (Non-GAAP) Earnings Per Share1 $0.20-$0.40 (Non-GAAP) 1 These items are non-GAAP and exclude stock compensation expense, amortization of intangible assets, and certain other adjus
Slide 14: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation Unaudited Reconciliation of GAAP to Non-GAAP Financial Measures (In thousands, except per share data) Three Months Ended July 5, 2025 Non-GAAP Income GAAP Percent of Stock Compensation Intangible Asset Other Non-GAAP Non-GAAP Percent Statement Items GAAP Measure Reven
Slide 15: Unaudited Forward-Looking Statements Regarding Business Outlook
Unaudited Forward-Looking Statements Regarding Business Outlook Unaudited Forward-Looking Statements Regarding Business Outlook (In millions, except per share data) Three Months Ended October 4, 2025 Non-GAAP Non-GAAP Business Outlook GAAP Measure Adjustments** Measure Gross margin 57% to 58% —% 57%
Slide 16: Our Customer Base Is Diverse, Balanced and Loyal
Our Customer Base Is Diverse, Balanced and Loyal 2024 Customers 2024 Region Long tail Largest customer is Largest Region <10% 36% ~125 $1M ~15% customers China EMEA APAC AMER 16 ©Silicon Labs Inc. All rights reserved.
Slide 17: Market Selection Allows for Above Industry Growth Opportunity
Market Selection Allows for Above Industry Growth Opportunity 10-15% CAGR : IoT Market Growth Rate • SLAB history of outperformance (high-end of the market range) • Multi-year track record of Share Gains 5-10% Incremental CAGR : Silicon Labs Specific • $10B* in design wins captured, now converting t
Slide 18: Deep Customer Relationships & Commitment to Innovation
Deep Customer Relationships & Commitment to Innovation 2024 Greater Austin Sustainability 2024 IoT Evolution Product Embedded World 2025 Business Award Winner of the Year Award Best in Show Received a Prime ISS ESG Corporate Technology & Innovation Rating and ranked in the top 1% of ~73K MG26 SoC fo
Slide 19: Thank you
€S-» SILICON LABS Thank you ome ss