Skyworks Solutions, Inc.

Skyworks Solutions, Inc. Earnings Recaps

SWKS Information Technology 3 recaps
Q2 2026 May 9, 2026

Skyworks’ shares declined 5.6% post-earnings as investors reacted negatively to signs of margin compression and a cautious near-term outlook despite revenue and EPS modestly exceeding guidance.

Key takeaways
  • Q2 revenue totaled $944 million, approximately $20 million above the high end of guidance.
  • Earnings per share came in at $1.15, $0.05 above the high end of guidance.
  • Broad markets showed continued strength with nine consecutive quarters of growth and triple-digit growth engines (WiFi, data center, automotive) growing 30% year-over-year.
  • Management highlighted ongoing regulatory risk and timing uncertainty around the Qorvo merger, with potential closing pushed to early or late 2027.
  • Despite topline strength, investors likely disappointed by margin pressure hinted at and cautious commentary on macro risks, which weighed on sentiment.
Full recap
Q1 2026 Feb 5, 2026

Skyworks Solutions exceeded expectations in Q1 FY2026, reporting strong revenue and earnings driven by robust performance in both mobile and broad markets, while making significant progress on its strategic merger with Corwell.

Key takeaways
  • Revenue reached $1.04 billion, with non-GAAP earnings per share at $1.54, surpassing guidance.
  • Generated $339 million in free cash flow and returned $106 million to shareholders through dividends.
  • Mobile segment performance benefited from favorable market dynamics, despite a forecasted flat year-over-year blended mobile content outlook.
  • Broad markets showed double-digit revenue growth, bolstered by demand in automotive, IoT, and data center segments.
  • The company is progressing towards its merger with Corwell, anticipating significant synergies and enhanced market positioning.
Full recap
Q4 2025 Nov 6, 2025

Skyworks Solutions delivered robust Q4 2025 results, with revenue hitting $1.1 billion and earnings per share of $1.76, driven by strong performance in mobile and broad markets.

Key takeaways
  • Q4 revenue exceeded guidance, with mobile sales up 21% sequentially and 7% year-over-year, accounting for 65% of total revenue.
  • Gross profit reached $511 million, resulting in a gross margin of 46.5%, despite slightly elevated operating expenses due to increased employee incentives.
  • The company announced a transformative combination with Qorvo, expected to enhance scale and diversify its technology portfolio.
  • Skyworks generated $1.1 billion in free cash flow for the fiscal year, representing a solid 27% free cash flow margin.
  • Strong demand was reported across edge IoT, automotive, and data center, with solid order trends and design win activity indicating positive growth momentum heading into fiscal '26.
Full recap