SLABSILICON LABORATORIES INC.

Semiconductors & Related Devices

Revenue: $785M; 34% YoY
Operating margin: -9.0%; 68% YoY
EBITDA: −$46M; 67% YoY
Market cap: $7.4B
Employees: 1,930; $407K revenue each
Net debt / EBITDA: —; −$290M net debt
AI in 10-K: 4.7; mentions per 10K words

Takeover score 1 of 13

Fixable underperformance 1 of 7

TSR below peersNo
—
3+ of last 5 years
High CEO pay despite TSRNo
—
Median CEO pay ≥ $15M while TSR trails
Earnings not backed by cashNo
—
Cash flow under 80% of net income
Dilutive SBCYes
10% of revenue
Over 10% of revenue
Payouts exceed cash flowNo
0% of cash flow
Buybacks + dividends over cash flow
Goodwill-heavyNo
30% of assets
Over 40% of assets
Shareholder dissentNo
96% lowest support
Any vote under 80% support

Buyer economics 0 of 4

Low revenue per employeeNo
$407K · 50th pct
Bottom quartile of its SIC industry
Quiet on AINo
4.7 per 10K words · 81st pct
Bottom quartile of AI mentions in 10-Ks
Net cashNo
—
More cash than debt, positive EBITDA
Buyout-sizedNo
$7.4B market cap
Market cap $500M–$5B

Catalysts 0 of 2

Active 13DNo
0 filings
Active-intent 13D in 18 months
Net insider sellingNo
−$4M net
Net sales over $10M in 12 months

Financials

Metric	FY2022	FY2023	FY2024	FY2026	YoY	Trend
Revenue	$1.0B	$782M	$584M	$785M	34%
Operating income	$119M	−$24M	−$165M	−$71M	57%
Net income	—	−$35M	−$191M	−$65M	66%
Operating cash flow	$141M	−$30M	−$14M	$96M	788%
Capex	$27M	$22M	$12M	$30M	155%
Stock-based comp	$61M	$48M	$62M	$80M	31%
Buybacks	$883M	$217M	$16K	$0	100%

Deal filings

Filed	Form	Acquirer	Price	Premium
Mar 27, 2026	DEFM14A	Texas Instruments Incorporated	$231.00	61%
Mar 13, 2026	PREM14A	Texas Instruments Incorporated	$231.00	61%

13D filers

None on file.

Insider trading

Open-market buys, 12 mo: $0 · 0
Open-market sells, 12 mo: $4M · 5
Net: −$4M

Pay vs performance

No pay-versus-performance disclosure yet.