Other

Prepaid expenses

SiTime Corporation Prepaid expenses increased by 6.0% to $7.16M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 70.2%, from $4.21M to $7.16M. Over 3 years (FY 2022 to FY 2025), Prepaid expenses shows an upward trend with a 29.4% CAGR.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryLiquidity
SignalContext dependent
VolatilityStable
First reportedQ4 2024
Last reportedQ1 2026

How to read this metric

Significant fluctuations may indicate changes in the timing of large annual contracts or operational scaling.

Detailed definition

These are payments made in advance for goods or services that will be received or consumed within the next twelve months...

Peer comparison

Standard across all industries; generally represents a small portion of total current assets.

Metric ID: other_prepaid_expense_current

Historical Data

12 periods
 Q4 '22Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$3.12M$3.14M$3.56M$3.31M$3.35M$3.75M$4.31M$4.21M$3.97M$4.76M$6.76M$7.16M
QoQ Change+0.7%+13.5%-7.1%+1.2%+11.9%+14.8%-2.2%-5.8%+20.0%+42.0%+6.0%
YoY Change+14.3%+19.4%+20.8%+27.2%+18.4%+27.0%+57.0%+70.2%
Range$3.12M$7.16M
CAGR+35.3%
Avg YoY Growth+31.8%
Median YoY Growth+23.9%
Current Streak3 quarters growth

Frequently Asked Questions

What is SiTime Corporation's prepaid expenses?
SiTime Corporation (SITM) reported prepaid expenses of $7.16M in Q1 2026.
How has SiTime Corporation's prepaid expenses changed year-over-year?
SiTime Corporation's prepaid expenses increased by 70.2% year-over-year, from $4.21M to $7.16M.
What is the long-term trend for SiTime Corporation's prepaid expenses?
Over 3 years (2022 to 2025), SiTime Corporation's prepaid expenses has grown at a 29.4% compound annual growth rate (CAGR), from $3.12M to $6.76M.
What does prepaid expenses mean?
Payments made in advance for services or goods that the company will receive within a year.