Sivers Semiconductors Reports Strong Q4 2025 Results with Growth in Revenues and Operational Momentum
Sivers Semiconductors AB, recognized as a leading force in photonics and wireless technologies, has recently released its interim report for the fourth quarter of 2025, showcasing remarkable financial performance and operational advancements. The company, listed on the Stockholm stock exchange under the ticker symbol STO:SIVE, reported net sales of SEK 80.7 million for the fourth quarter, marking a 5% increase compared to the same period last year. This growth further translates to a significant annual revenue of SEK 304.1 million, reflecting a robust 25% year-on-year increase.
Despite the overall positive financial results, Sivers faced challenges in its adjusted EBITDA, which decreased to SEK 10.8 million from SEK 15.5 million in the previous year, indicating a downturn of 30%. The operating profits, also affected by various operational costs, revealed a negative EBITDA of SEK -20.1 million, with a hefty loss noted before tax, amounting to SEK -52.6 million.
Financial Review:
The company’s performance highlights a strong revenue growth trajectory, especially considering the impact of currency fluctuations. The revenue growth of 17% in constant currency reiterates the strength of Sivers’ business model and sales strategies. Moreover, the total available cash position at the end of Q4 stood at SEK 43.5 million, which includes SEK 13.8 million allocated to short-term interest-bearing methods.
Strategic & Operational Highlights:
A critical strategic advancement includes the successful partnership with the US Army's ALL.SPACE, achieving Technology Readiness Level 6, which significantly propels their projects into the operational phase. In addition, a noteworthy production order valued at approximately SEK 3 million was secured from Tachyon Networks to enhance next-generation fixed wireless access through 28GHz antenna modules.
The company's retention of product revenues also saw an impressive uptick, with totals reaching SEK 21.3 million in Q4, a quarter-on-quarter increase of 13%. Over the entire year, product revenues reached SEK 85.7 million, illustrating a persistent demand amid industry evolution.
Leadership Changes:
Further solidifying its leadership structure, Sivers appointed Raymond Biagan as the Chief Revenue Officer and Neeraj Chopra as Vice President of Global Operations. These strategic appointments are aimed at enhancing global utilization and exploration of Sivers' innovative wireless products. The company also expanded its reach by establishing new offices in San Jose, USA, and Bangalore, India, to better support its global customer base.
Future Outlook:
Looking into the future, Vickram Vathulya, the CEO, emphasized the growing sales pipeline, which increased by 64% to $453 million in 2025. Vathulya indicated that this robust pipeline highlights a strong demand and broad interest in Sivers’ advanced technologies across the wireless and photonics sectors. As the company anticipates continued growth, this report sets a solid foundation for projecting further advancements and profitability in the next quarters.
The annual report for the year 2025 is set to be disclosed during the week of April 27, 2026, while the annual general meeting is scheduled for May 27, 2026, in Kista, Sweden. Despite the positive prospects, the board has planned to recommend no dividend for the fiscal year 2025 in light of the ongoing investments aimed at ensuring sustained growth and development in the coming years.
This latest report positions Sivers Semiconductors as a formidable player in the ever-evolving technology landscape, with a vested interest in enhancing its product offerings while navigating multifaceted growth strategies.