SVCO Nasdaq Services-Prepackaged Software Financials FY2023βFY2025
Silvaco Group, Inc. had $63.1M of revenue in fiscal 2025, up 5.7% on the year before.
Last close Β· Oct 23, 2026
$6.00
1.0%Hi! I read Silvaco Group, Inc.βs latest annual report (fiscal 2025). Here is what stands out:
Good So-so Weak
Are sales growing?
+5.7%
Yes. Sales grew 5.7% last year.
Does it make a profit?
β65.3%
No. It lost money last year.
Does profit turn into cash?
β54.7%
No. It spent more cash than it brought in.
How healthy are the accounts?
2 / 8
Weak. It passes 2 of 8 health tests.
How is the share priced?
β
No P/E: it made no profit over the last four quarters.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Is it selling more, and how much does it keep?
KIRA Β· Silvaco Group, Inc. had $63.1M of revenue in fiscal 2025, up 5.7% on the year before. Its operating margin was β72.8%, down 5.3Β pts: of every 100 in sales, about β73 is left after running the business.
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
Revenue
Revenue
Margins, % of revenue
Margins, % of revenue
KIRA Β· Silvaco Group, Inc. lost $41.2M in fiscal 2025.
Loss periods are shown in red.
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
Net income
Net income
Diluted EPS
Diluted EPS
How much cash comes in, and where does it go?
KIRA Β· Free cash flow was β$34.5M in fiscal 2025, β54.7% of revenue.
Cash from operations minus capital spending.
In plain words: Profit on paper is not the same as cash in the bank. Free cash flow is the cash left after paying to run and maintain the business: the money it can hand back to shareholders, save or invest.
Free cash flow
Free cash flow
Cash from operations vs capital spending
Cash from operations vs capital spending
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
Dividends and buybacks
Diluted shares outstanding (annual)
KIRA Β· In the last 12 months, insiders bought $0.4M and sold $4.7M of shares on the open market.
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Bought, 12 months
$0.4M
4 insiders
Sold, 12 months
$4.7M
7 insiders
Of sales under plans
0%
$0.0M
| Date | Insider | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Aug 25, 2026 | Candace JacksonSee Remarks | Sold | 3,500 | $7.00 | $0.0M | Form 4 |
| Aug 12, 2026 | Candace JacksonSee Remarks | Sold | 1,570 | $7.55 | $0.0M | Form 4 |
| Aug 12, 2026 | Christopher John ZegarelliChief Financial Officer | Sold | 2,257 | $7.55 | $0.0M | Form 4 |
| Aug 11, 2026 | Ted L Tewksbury IIIDirector | Sold plan | 580 | $7.28 | $0.0M | Form 4 |
| Aug 11, 2026 | Anthony K.K. NgaiDirector | Bought | 750 | $7.37 | $0.0M | Form 4 |
| Aug 11, 2026 | Cheemin Bo-LinnDirector | Sold plan | 700 | $7.28 | $0.0M | Form 4 |
| Jun 16, 2026 | Anthony K.K. NgaiDirector | Bought | 500 | $12.50 | $0.0M | Form 4 |
| Jun 11, 2026 | Katherine S. Ngai-PesicDirector, 10% owner | Sold | 200,000 | $11.27 | $2.3M | Form 4 |
| Jun 5, 2026 | Anthony K.K. NgaiDirector | Bought | 1,000 | $13.07 | $0.0M | Form 4 |
| Jun 3, 2026 | Illiya I. PesicDirector, 10% owner | Sold | 6,000 | $12.96 | $0.1M | Form 4 |
| May 14, 2026 | Candace JacksonSee Remarks | Sold | 2,000 | $11.00 | $0.0M | Form 4 |
| Apr 1, 2026 | Candace JacksonSee Remarks | Sold | 1,817 | $7.12 | $0.0M | Form 4 |
| Apr 1, 2026 | Christopher John ZegarelliChief Financial Officer | Sold | 2,431 | $7.11 | $0.0M | Form 4 |
| Mar 17, 2026 | Candace JacksonSee Remarks | Sold | 1,500 | $5.00 | $0.0M | Form 4 |
| Jan 7, 2026 | Illiya I. PesicMember of 10% owner group | Sold | 100,000 | $1.94 | $0.2M | Form 4 |
| Dec 11, 2025 | Anthony K.K. NgaiDirector | Bought | 1,000 | $4.23 | $0.0M | Form 4 |
| Dec 10, 2025 | Katherine S. Ngai-PesicDirector, 10% owner, Member of 10% owner group | Bought | 25,000 | $4.13 | $0.1M | Form 4 |
| Dec 9, 2025 | Walden C RhinesChief Executive Officer, Director | Bought | 13,100 | $4.01 | $0.1M | Form 4 |
| Dec 8, 2025 | Christopher John ZegarelliChief Financial Officer | Bought | 10,000 | $3.80 | $0.0M | Form 4 |
| Dec 4, 2025 | Yelena I. PesicMember of 10% owner group | Sold | 300,000 | $1.99 | $0.6M | Form 4 |
| Nov 25, 2025 | Katherine S. Ngai-PesicDirector, 10% owner, Member of 10% owner group | Sold | 400,000 | $2.00 | $0.8M | Form 4 |
| Nov 19, 2025 | Candace JacksonSee Remarks | Sold | 8,300 | $4.25 | $0.0M | Form 4 |
| Nov 18, 2025 | Anthony K.K. NgaiDirector | Bought | 10,000 | $4.26 | $0.0M | Form 4 |
| Nov 18, 2025 | Walden C RhinesChief Executive Officer, Director | Bought | 29,000 | $4.07 | $0.1M | Form 4 |
| Nov 17, 2025 | Illiya I. PesicMember of 10% owner group | Sold | 300,000 | $1.93 | $0.6M | Form 4 |
| Nov 17, 2025 | Christopher John ZegarelliChief Financial Officer | Bought | 5,000 | $3.91 | $0.0M | Form 4 |
| Nov 17, 2025 | Walden C RhinesChief Executive Officer, Director | Bought | 11,272 | $3.90 | $0.0M | Form 4 |
| Sep 16, 2025 | Katherine S. Ngai-PesicDirector, 10% owner, Member of 10% owner group | Sold | 300,000 | $2.26 | $0.7M | Form 4 |
| Sep 15, 2025 | Christopher John ZegarelliChief Financial Officer | Bought | 5,100 | $5.03 | $0.0M | Form 4 |
| Jun 26, 2025 | Katherine S. Ngai-PesicDirector, 10% owner, Member of 10% owner group | Sold | 250,000 | $2.15 | $0.5M | Form 4 |
Can it carry its debts, and how well does it use its money?
Cash, debt and the ratios that show how comfortably Silvaco Group, Inc. can carry it.
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
Cash vs debt (incl. leases)
| Fiscal year end | FY23 | FY24 | FY25 |
|---|---|---|---|
| Cash and short-term investments | $4.4M | $82.7M | $10.0M |
| Debt incl. finance leases | $0.0M | β | β |
| Net debt / EBITDA | β2.5x | β | β |
| Debt / equity | 0.0x | β | β |
| Interest coverage | 1.8x | β44.8x | β |
| Current ratio | 0.8x | 3.1x | 1.2x |
| Quick ratio | 0.8x | 3.1x | 1.2x |
| Total assets | $40.9M | $142M | $123M |
| Total liabilities | $31.5M | $42.3M | $47.7M |
| Shareholders' equity | $9.4M | $100M | $75.0M |
| Net debt (β = net cash) | β$4.4M | β | β |
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
In plain words: How much profit the business makes on the money put into it. A higher percentage means each dollar invested works harder.
Return on capital, equity and assets (annual)
KIRA Β· Silvaco Group, Inc. passes 2 of 8 financial health tests (Piotroski F-score).
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
In plain words: Nine yes/no tests of financial health, one point each. A green tick is a pass: 7 to 9 points is solid, 0 to 3 is weak.
| Test | FY23 | FY24 | FY25 |
|---|---|---|---|
| Net income is positive | β | β | β |
| Cash from operations is positive | β | β | β |
| Return on assets rose | β | β | β |
| Cash from operations exceeds net income | β | β | β |
| Debt fell relative to assets | β | β | β |
| Current ratio rose | β | β | β |
| Share count didn't rise | β | β | β |
| Gross margin rose | β | β | β |
| Revenue rose relative to assets | β | β | β |
| F-score | β / 3 | 2 / 8 | 2 / 8 |
| Accruals ratio | β3.7% | β21.4% | β5.5% |
| Altman Z'' | 0.75 | 3.30 | β2.29 |
Every number, year by year.
Amounts in USD. Hover a ratioβs name for its definition.
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
| Fiscal year | FY23 | FY24 | FY25 |
|---|---|---|---|
| Income statement | |||
| Revenue | $54.2M | $59.7M | $63.1M |
| Gross profit | $44.9M | $47.6M | $49.4M |
| Research and development | $13.2M | $20.7M | $29.9M |
| Operating income | $1.1M | β$40.3M | β$45.9M |
| Interest expense | $0.6M | $0.9M | β |
| Pretax income | $0.5M | β$38.9M | β$44.6M |
| Income tax | $0.8M | $0.5M | β$3.4M |
| Net income | β$0.3M | β$39.4M | β$41.2M |
| Diluted EPS | β$0.02 | β$1.53 | β$1.39 |
| Diluted shares | 0.02B | 0.03B | 0.03B |
| Cash flow | |||
| Cash from operations | $1.2M | β$19.8M | β$33.9M |
| Capital expenditure | $0.3M | $0.5M | $0.6M |
| Free cash flow | $0.8M | β$20.3M | β$34.5M |
| Depreciation and amortization | $0.6M | $1.3M | $3.5M |
| Stock-based compensation | $0.0M | $26.9M | $10.8M |
| Balance sheet | |||
| Cash and short-term investments | $4.4M | $82.7M | $10.0M |
| Total debt | $0.0M | β | β |
| Current assets | $20.9M | $107M | $46.1M |
| Current liabilities | $25.0M | $34.5M | $38.4M |
| Property and equipment, net | $0.6M | $0.9M | $1.5M |
| Goodwill | $9.0M | $9.0M | $30.1M |
| Intangible assets | $0.3M | $4.4M | $26.0M |
| Total assets | $40.9M | $142M | $123M |
| Total liabilities | $31.5M | $42.3M | $47.7M |
| Preferred stock | $0.0M | $0.0M | $0.0M |
| Shareholders' equity | $9.4M | $100M | $75.0M |
| Margins | |||
| Gross margin | 82.8% | 79.8% | 78.3% |
| Operating margin | 2.1% | β67.5% | β72.8% |
| EBITDA margin | 3.2% | β65.3% | β67.3% |
| Net margin | β0.6% | β66.0% | β65.3% |
| FCF margin | 1.6% | β34.0% | β54.7% |
| Returns | |||
| Return on capital | 14.8% | β | β |
| Return on capital employed | 7.1% | β37.3% | β54.5% |
| Return on equity | β3.4% | β72.0% | β47.1% |
| Return on assets | β0.8% | β43.0% | β31.1% |
| Return on tangible equity | β929.4% | β45.5% | β218.1% |
| Growth | |||
| Revenue growth | β | 10.0% | 5.7% |
| FCF growth | β | β2,511.3% | β |
| Share count change | β | 28.4% | 15.8% |
| Financial health | |||
| Net debt / EBITDA | β2.5x | β | β |
| Debt / equity | 0.0x | β | β |
| Interest coverage | 1.8x | β44.8x | β |
| Current ratio | 0.8x | 3.1x | 1.2x |
| Quick ratio | 0.8x | 3.1x | 1.2x |
| Capital allocation | |||
| Capex / revenue | 0.6% | 0.8% | 1.0% |
| Stock comp / revenue | 0.0% | 45.1% | 17.1% |
| Quality scores | |||
| Piotroski F-score | β | 2.0 | 2.0 |
| Altman Z'' | 0.7 | 3.3 | β2.3 |
| Accruals ratio | β3.7% | β21.4% | β5.5% |
Source: SEC EDGAR XBRL filings (CIK 0001943289). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.
