SLABHIGH SIGNALREGULATORY10-K

Silicon Laboratories announced a pending $231 per share cash acquisition by Texas Instruments expected to close in the first half of 2027, subject to stockholder and regulatory approvals.

This represents a significant premium acquisition that will take SLAB private as a wholly-owned subsidiary of Texas Instruments, providing investors with a clear cash exit opportunity. The merger has unanimous board approval but still requires stockholder vote and regulatory clearance, creating some execution risk over the extended timeline to closing.

Comparing 2026-02-10 vs 2025-02-04View on EDGAR →
FINANCIAL ANALYSIS

SLAB's financial performance improved meaningfully across key metrics, with substantially reduced operating losses and net losses alongside notably higher gross profit margins. The company maintained a strong balance sheet with increased cash reserves of $364.2 million and moderate growth in current assets, though current liabilities expanded to $143.8 million. The overall financial picture suggests operational improvements during what will likely be the company's final year as a public entity.

FINANCIAL STATEMENT CHANGES
Net Income
P&L
+66%
-$191.0M→-$64.9M

Net income grew 66% — bottom-line growth signals improving overall business health.

Operating Income
P&L
+57.4%
-$165.5M→-$70.5M

Operating leverage kicking in — revenue growth outpacing cost growth, a hallmark of scaling businesses.

Current Liabilities
Balance Sheet
+46.9%
$97.9M→$143.8M

Current liabilities surged 46.9% — significant near-term obligations; verify ability to meet short-term debt.

Gross Profit
P&L
+46.4%
$312.2M→$457.0M

Gross profit expanding — improving pricing power or product mix shift toward higher-margin offerings.

Cash & Equivalents
Balance Sheet
+29.3%
$281.6M→$364.2M

Cash grew 29.3% — improving liquidity position supports investment and shareholder returns.

Total Liabilities
Balance Sheet
+22.6%
$142.7M→$174.9M

Liabilities increased 22.6% — monitor debt-to-equity ratio and interest coverage.

SG&A Expense
P&L
+19.8%
$145.5M→$174.3M

SG&A increased modestly — likely reflects growth-related hiring or sales expansion investment.

Accounts Receivable
Balance Sheet
+18.4%
$54.5M→$64.5M

Receivables grew 18.4% — monitor days sales outstanding for collection efficiency.

Current Assets
Balance Sheet
+12%
$602.0M→$674.0M

Current assets grew 12% — improving short-term liquidity or inventory/receivables build.

LANGUAGE CHANGES
NEW — 2026-02-10
PRIOR — 2025-02-04
ADDED
There were 32,955,929 shares of the registrant s common stock issued and outstanding as of January 30, 2026.
Our integrated hardware and software platforms, intuitive development tools, industry-leading ecosystem, and robust support help customers build advanced devices for industrial, commercial, home, and life applications.
Pending Merger with Texas Instruments On February 4, 2026, we entered into an Agreement and Plan of Merger (the Merger Agreement ) with Texas Instruments Incorporated, a Delaware corporation ( Parent ), and Caldwell Merger Corp., a Delaware corporation and wholly-owned direct subsidiary of Parent ( Merger Subsidiary ), pursuant to which Merger Subsidiary will merge with and into Silicon Laboratories Inc.
(the Merger ), and we will survive the Merger as a wholly-owned direct subsidiary of Parent.
At the effective time of the Merger, each share of our common stock outstanding as of immediately prior to the effective time (other than dissenting shares or any shares of our common stock held by us as treasury stock or owned by Parent or any of our or Parent s subsidiaries) will be cancelled and converted into the right to receive $231.00 in cash, without interest.
The transactions contemplated by the Merger Agreement were unanimously approved by our board of directors, and the Merger is expected to close in the first half of 2027, subject to customary closing conditions, including approval by our stockholders and the receipt of required regulatory approvals.
Smart, connected devices detect water leaks to improve sustainability.
We have the breadth in our portfolio, depth of wireless connectivity expertise, and the focus on IoT to help our customers quickly bring their innovative ideas to market.
Revenues during fiscal 2025, 2024 and 2023 were generated predominately by sales of our mixed-signal products.
Our products are supported by Simplicity Studio , which provides one-click access to design tools, documentation, software, and support resources, and help simplify software development for IoT developers by coordinating and prioritizing multiprotocol connectivity, SoC peripherals and other system-level activities.
REMOVED
There were 32,457,680 shares of the registrant s common stock issued and outstanding as of January 28, 2025.
Our integrated hardware and software platform, intuitive development tools, industry-leading ecosystem, and robust support help customers build advanced industrial, commercial, home, and life applications.
Smart, connected devices detect water leaks to improve sustainability and manage bee colonies to strengthen the food supply.
Simultaneously, these manufacturers face accelerating time-to-market demands and must rapidly adapt to evolving industry standards and new technologies.
Revenues during fiscal 2024, 2023 and 2022 were generated predominately by sales of our mixed-signal products.
Our sensor products include optical sensors (proximity, ambient light, gestures, and heart rate monitoring), as well as relative humidity ( RH ) / temperature sensors and Hall effect magnetic sensors.
These devices leverage our mixed-signal capability to provide high accuracy process technology to improve performance and lower power consumption than competing parts.
Our products are supported by Simplicity Studio , which provides one-click access to design tools, documentation, software, and support resources.
In-house protocol stacks and the Micrium real-time operating system ( RTOS ) help simplify software development for IoT developers by coordinating and prioritizing multiprotocol connectivity, SoC peripherals and other system-level activities.
Smart buildings Access controls Asset tracking Smart lighting Electronic shelf labels Theft protection Power tools Enterprise access points Home Life Smart Home Smart home devices provide functional, energy-efficient living spaces with secure, reliable, and robust wireless smart home solutions.
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