“We saw our first non-GAAP operating profit since late 2024” and delivered record bookings and revenue in IP products. Silvaco’s IP revenue rose 238% year over year in the second quarter, reaching a record level for the business. GAAP operating expenses fell 8.7% sequentially to $19.2 million, while non-GAAP operating expenses declined 7.8% to $14.8 million, below the midpoint of management’s guidance. For fiscal 2027, management forecast double-digit revenue growth, continued non-GAAP operating profitability and positive cash flow from operations. About Silvaco Group (NASDAQ:SVCO)Silvaco Group, Inc is a provider of electronic design automation (EDA) software and semiconductor intellectual property (IP) solutions.