Catalog of SIP Cores
System on Chip design resources
System on Chip design resources
November 9, 2026 -
SANTA CLARA, Calif. -- Silvaco Group, Inc. (Nasdaq: SVCO) (“Silvaco” or the “Company”), a provider of TCAD, EDA software, and SIP solutions that enable innovative semiconductor design and digital twin modeling through AI software and innovation, today announced its third quarter 2026 results.
“I am pleased with Silvaco’s Q3 results and Q4 guidance,” said Walden Rhines, Silvaco’s Chief Executive Officer. “In Q3, bookings strength was driven by a significant new Tier-1 FTCO customer and 4 tier-1 customer wins for Jivaro Pro. We also engaged with two of the largest global technology companies with our Agentic AI offerings. Looking forward, we expect strong revenue growth, with 35% sequential growth expected in Q4, 17% growth year-over-year in 2026 and mid-to-high teens growth in 2027. This acceleration highlights an inflection in the business rooted in changes we have made over the last year – including streamlined operations, a focused roadmap and deepening relationships with our strategic customers.”
Chris Zegarelli, Silvaco’s Chief Financial Officer, added, “As the business accelerates, we are achieving meaningful financial milestones. Net cash used in operations improved significantly in Q3, we ended Q3 with the most unrestricted cash on the balance sheet since Q2’25 and we are guiding to record revenue in Q4. We expect our higher growth expectations to continue expanding our profitability and cash generation in 2027. Looking forward, we are excited to continue seeing the results of our strategic transformation.”
GAAP Financial Results:
Key Operating Indicators and Non-GAAP Financial Results:
For a discussion of the non-GAAP metrics presented in this press release, as well as a reconciliation of non-GAAP metrics to the nearest comparable GAAP metric, see “Discussion of Non-GAAP Financial Measures” and “GAAP to Non-GAAP Reconciliation” in the accompanying tables below.
Supplementary materials to this press release, including third quarter 2026 financial results, can be found at https://investors.silvaco.com/financial-information/quarterly-results.
As of November 4, 2026, Silvaco is providing guidance for its fourth quarter of 2026, which represents Silvaco’s current estimates of its operations and financial results. The financial information below represents forward-looking financial information and in some instances forward-looking, non-GAAP financial information and key operating indicators, including estimates of Bookings, non-GAAP gross margin and non-GAAP operating expenses. GAAP gross margin is the most comparable GAAP measure to non-GAAP gross margin and GAAP operating expenses are the most comparable GAAP measures to non-GAAP operating expenses. Non-GAAP gross margin differs from GAAP gross margin in that it excludes items such as stock-based compensation expense, acquisition related costs and restructuring, executive severance and other related costs. Non-GAAP operating expenses differ from GAAP operating expenses in that they exclude items such as acquisition related costs, stock-based compensation expense, amortization of acquired intangible assets, and restructuring, executive severance and other related costs. Silvaco is unable to provide guidance for GAAP gross margin or GAAP operating expenses, or a quantitative reconciliation of the corresponding forward-looking non-GAAP measures, because the amount and timing of these adjustments cannot be reasonably estimated at this time without unreasonable effort. These items could be material to Silvaco’s results computed in accordance with GAAP.
Based on current business trends and conditions, the Company expects for fourth quarter 2026 the following:
A press release highlighting the Company's results along with supplemental financial results will be available at https://investors.silvaco.com/. An archived replay of the conference call will be available on this website for a limited time after the call. Participants who want to join the call and ask a question may register for the call here to receive the dial-in numbers and unique PIN.
Date: Wednesday, November 4, 2026
Time: 5:00 p.m. Eastern time
Webcast: Here (live and replay)
Silvaco is a provider of AI-driven TCAD and EDA solutions, and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation. Silvaco’s solutions are used for semiconductor and photonics processes, devices, and systems development across display, power devices, automotive, memory, high-performance computing, foundries, photonics, internet of things, and 5G/6G mobile markets for complex SoC design. Silvaco is headquartered in Santa Clara, California, and has a global presence with offices located in North America, Europe, Brazil, China, Japan, Korea, Singapore, and Taiwan. Learn more at www.silvaco.com.