Skyworks shares fell 2.9% after earnings. The September-quarter results were slightly above the company’s guidance midpoint, but the outlook includes a combined-company quarter amid continued smartphone weakness and ongoing input-cost pressure on margins.
- September-quarter revenue was $1.05 billion and non-GAAP diluted EPS was $1.28, each above the midpoint of the company’s guidance; operating expenses were $237 million, near the low end of guidance.
- Combined fiscal 2026 smartphone revenue was approximately $4.6 billion, down about 11% year over year, reflecting anticipated Android declines and content dynamics at the largest customer.
- Diversified growth markets revenue was approximately $2.9 billion, up about 12% year over year; within it, data center networking infrastructure was approximately $400 million and described as the fastest-growing market.
- Broad markets revenue for standalone Skyworks was approximately $416 million, up 9% year over year, with data center, Wi-Fi and automotive growth offsetting continued consumer IoT softness.
- Management said input costs remain a margin headwind and are expected to continue weighing on margins; the December-quarter outlook is on a combined-company basis.
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