Silicon Labs (SLAB) issued fourth-quarter results on Wednesday earlier-than-expected, due to the confirmation that Texas Instruments (TXN) is acquiring the company.
For the period ending Jan. 3, Silicon Labs said revenue was $208M, up 25% year-over-year. Included in that was $122M from its Industrial & Commercial segment and $87M from its Home & Life segment. Earnings on an adjusted basis were $0.56, while adjusted gross margin was 63.6%.
“The Silicon Labs team completed fiscal 2025 with continued strong execution, delivering an impressive year-over-year revenue growth of 34%,” said Matt Johnson, President and Chief Executive Officer of Silicon Labs, in a statement. “That momentum continues as we enter 2026 with record opportunity funnel and design win traction.”
The company has suspended providing guidance due to the pending acquisition, which will see Texas Instruments pay $231 per share in cash for Silicon Labs. That represents a near 40% premium to Silicon Labs’ share price before news of the acquisition was reported on Tuesday.
Silicon Labs shares were halted and will resume trading at 7:30 a.m. EST due to the merger.