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StocksMediumUpdated×3•Originally published 29 April 2026•Updated 29 April 2026•

1 min read

Silicon Motion Q1 Earnings Beat Estimates with 105% Revenue Surge

Key Facts

1Silicon Motion reported earnings per share of $1.58, significantly beating the consensus estimate of $1.31.

2The company posted revenue of $342.11 million, representing a 105% increase compared to the same quarter last year.

about 1 month ago

Version History

Version 3about 1 month ago

What changed: Added specific growth percentages for Ferri, eMMC, and UFS segments, and included the original consensus revenue figure for comparison.

Version 2about 1 month ago

What changed: Added confirmation that forward sales guidance significantly outperformed analyst expectations, contributing to the stock's upward momentum.

Version 1about 1 month ago

What changed: Added Roth Capital price target upgrade and Q2 revenue growth guidance driven by enterprise and AI markets.

Silicon Motion Technology Corporation reported robust Q1 2026 results, with earnings per share of $1.58 beating consensus estimates. Revenue surged 105% to $342.11 million, significantly exceeding the original analyst expectation of $299 million. This growth was primarily fueled by an extraordinary 755% to 760% spike in Ferri & Boot Drive solution sales. Additionally, sales of eMMC and UFS controllers saw a substantial increase of 140% to 145%. Following this performance, Roth Capital raised its price target for SIMO to $250 while maintaining a Buy rating. Looking ahead, the company projects 20% revenue growth for the second quarter, driven by sustained demand in the enterprise and AI markets.