Sivers Semiconductors Reports Strong Q3 2025 Results with Strategic Moves in the Market

Sivers Semiconductors Reports Strong Q3 2025 Results

Sivers Semiconductors AB (STO: SIVE), a prominent player in the photonics and wireless technology sector, has once again demonstrated its robust performance in its interim report for the third quarter of 2025. The company reported a significant financial growth, reflecting its ongoing transformation into a product-focused enterprise.

Financial Highlights

In Q3 of 2025, Sivers Semiconductors achieved a revenue of SEK 72.5 million, marking a 24% increase compared to the same period last year. When adjusted for constant foreign exchange rates, this figure climbed even higher with a remarkable 34% year-over-year growth. Furthermore, results over the year-to-date showed an impressive 34% increase compared to 2024. The adjusted EBITDA improved by 4% year-over-year and 30% year-to-date, showcasing the company’s commitment to enhancing its financial performance and strategic priorities.

The product revenue for the quarter reached SEK 18.9 million, which translates to a 15% year-on-year growth and a 19% increase year-to-date. This aligns perfectly with the company’s ongoing transformation towards becoming a product-driven business. By the end of Q3, Sivers reported a cash reserve of SEK 87.6 million, a testament to the strategic financial management and recent actions that strengthened their balance sheet, including settling a portion of their US bank loan and retiring half of their outstanding warrants.

Strategic and Operational Advances

Sivers has made significant strides in operational excellence with key leadership appointments that aim to infuse fresh strategic insights into the company. Heine Thorsgaard has been appointed as the Chief Financial Officer, while Neeraj Chopra steps in as the Vice President of Global Operations Quality. These strategic moves are expected to enhance the operational framework as the company continues to expand.

In a bid to broaden its market reach, Sivers Semiconductors has partnered with POET Technologies, specifically focusing on external light sources and engines. This partnership is pivotal for the ongoing evolution in Pluggables and aims to spearhead the Co-Packaged Optics (CPO) revolution, particularly within AI datacenters. These collaborative efforts will further diversify their offerings and solidify their market presence.

The company also reported increasing engagement with new customers highlighted by their active participation in ECOC 2025. Furthermore, as a part of their commitment to modernization, Sivers is engaged in enhancing European SATCOM infrastructure, specifically under the IRIS2 program, which promises to augment their technological footprint in the satellite communications domain.

Sivers has expanded its investor base through a recent capital raising initiative, attracting significant interest from both existing Swedish investors and newcomers from Poland, Denmark, and Norway. The funds raised are earmarked to accelerate research and development efforts while steadily increasing their field coverage.

Vickram Vathuly, CEO of Sivers Semiconductors, emphasized that the results thus far are indicative of substantial progress in transforming Sivers into a high-performance products entity. He stated, “With continued revenue growth and significant improvement in our adjusted EBITDA, we are showcasing how disciplined execution and a focused operational strategy can create sustainable growth and profitability.”

Looking ahead, Sivers is determined to continue this momentum, particularly within their Wireless and Photonics segments, with ambitions to cater to evolving needs in the AI and data center markets. Vathuly expressed commitment to leveraging their technology portfolio to enhance market positions and expand their addressable opportunities as they close out 2025 on a strong note, setting ambitious goals for 2026.

Conclusion

As Sivers Semiconductors navigates through a pivotal transition, their Q3 results provide a promising outlook. With an improved financial standing, strategic partnerships, and a commitment to technological advancements, the company is well-positioned to continue its upward trajectory in the photonics and wireless technology realm. Investors and industry observers will be keenly watching how Sivers leverages these strengths as they move forward into 2026.