SiTime Gross Margin 2011-2024 | SITM
- SiTime average gross margin for 2023 was 60.37%, a 8.2% decline from 2022.
- SiTime average gross margin for 2022 was 65.76%, a 14.41% decline from 2021.
- SiTime average gross margin for 2021 was 57.48%, a 21.01% increase from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.