Skyworks Solutions, Inc. (SWKS) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q1 27	$1.03	$1.08	+4.9%	—	—	—
Q4 26	$1.04	$1.15	+10.6%	—	—	—
Q3 26	$1.4	$1.54	+10.0%	—	—	—
Q2 26	$1.53	$1.76	+15.0%	—	—	—
Q1 26	$1.24	$1.33	+7.3%	—	—	—
Q4 25	$1.2	$1.24	+3.3%	—	—	—
Q3 25	$1.57	$1.6	+1.9%	—	—	—
Q2 25	$1.52	$1.55	+2.0%	—	—	—
Q1 25	$1.21	$1.21	0.0%	—	—	—
Q4 24	$1.52	$1.55	+2.0%	—	—	—
Q3 24	$1.95	$1.97	+1.0%	—	—	—
Q2 24	$2.1	$2.2	+4.8%	—	—	—
Q1 24	$1.7	$1.73	+1.8%	—	—	—
Q4 23	$2.02	$2.02	0.0%	—	—	—
Q3 23	$2.61	$2.59	-0.8%	—	—	—
Q2 23	$2.9	$3.02	+4.1%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$3.09	—	—	$4.1B	—
FY24	—	$3.72	—	—	$4.2B	—
FY23	—	$6.17	—	—	$4.8B	—
FY22	—	$7.85	—	—	$5.5B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$3.3B	$3.7B	$3.9B	$3.4B	$3.4B	$5.1B	$5.5B	$4.8B	$4.2B	$4.1B
YoY change	+0.94%	+11%	+5.93%	-12.7%	-0.62%	+52.3%	+7.37%	-13%	-12.5%	-2.18%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	3.3B	3.7B	3.9B	3.4B	3.4B	5.1B	5.5B	4.8B	4.2B	4.1B
Cost of revenue	1.6B	1.8B	1.9B	1.8B	1.7B	2.6B	2.9B	2.7B	2.5B	2.4B
Gross profit	1.7B	1.8B	2B	1.6B	1.6B	2.5B	2.6B	2.1B	1.7B	1.7B
Gross margin	50.6%	50.4%	50.4%	47.5%	48.1%	49.2%	47.5%	44.2%	41.2%	41.2%
Research & development	312.4M	355.2M	404.5M	424.1M	464.1M	532.3M	617.9M	606.8M	631.7M	785.5M
Selling, general & administrative	195.9M	204.6M	207.8M	198.3M	231.4M	322.5M	329.8M	314M	300.8M	371.5M
Operating expenses	508.3M	559.8M	612.3M	622.4M	695.5M	854.8M	947.7M	920.8M	932.5M	1.2B
Operating income	1.1B	1.3B	1.3B	958.8M	905.6M	1.6B	1.6B	1.2B	787.4M	524.2M
Operating margin	34.2%	34.4%	34.1%	28.4%	27%	31.7%	28.4%	24.2%	18.8%	12.8%
Non-operating income, net	77.1M	2.6M	12M	-16.6M	-13.9M	-9.5M	-33.2M	-10.1M	-120.3M	29.6M
Pretax income	1.2B	1.3B	1.3B	961M	891.7M	1.6B	1.5B	1.1B	636.4M	526.7M
Income tax	205.4M	246.8M	413.7M	107.4M	76.9M	100.4M	201.4M	96M	40.4M	49.6M
Net income	995.2M	1B	918.4M	853.6M	814.8M	1.5B	1.3B	982.8M	596M	477.1M
Net margin	30.3%	27.7%	23.7%	25.3%	24.3%	29.3%	23.2%	20.6%	14.3%	11.7%
EBITDA	1.3B	1.5B	1.6B	1.3B	1.3B	2.1B	2.2B	1.8B	1.3B	1B
EPS	5.27	5.48	5.06	4.92	4.84	9.07	7.85	6.17	3.72	3.09
Diluted EPS	5.18	5.41	5.01	4.89	4.8	8.97	7.81	6.13	3.69	3.08

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Revenue	1.2B	1.2B	1B	905.5M	1B	1.1B	953.2M	965M	1.1B	1B	943.7M	934.8M
Cost of revenue	740.7M	694.9M	625.7M	541.4M	595.2M	626.6M	561.6M	564M	652.7M	608.2M	558.4M	559.8M
Gross profit	478.1M	506.6M	420.3M	364.1M	429.8M	441.9M	391.6M	401M	447.5M	427.2M	385.3M	375M
Gross margin	39.2%	42.2%	40.2%	40.2%	41.9%	41.4%	41.1%	41.6%	40.7%	41.3%	40.8%	40.1%
Research & development	146.8M	153.1M	154.4M	160.7M	163.6M	176.4M	186.5M	199.4M	223.1M	203.4M	212.4M	207.8M
Selling, general & administrative	73.3M	78.8M	76.8M	71.2M	74.1M	82.6M	88M	89.3M	111.6M	108.4M	119.7M	98.7M
Operating expenses	220.1M	231.9M	231.2M	231.9M	237.7M	259M	274.5M	288.7M	334.7M	311.8M	332.1M	306.5M
Operating income	254.3M	274.5M	188.9M	132M	191.9M	182.7M	116.9M	112.1M	112.6M	115.2M	53M	68.3M
Operating margin	20.9%	22.8%	18.1%	14.6%	18.7%	17.1%	12.3%	11.6%	10.2%	11.1%	5.62%	7.31%
Non-operating income, net	4.3M	-12.8M	11.1M	8M	-126.6M	14.5M	-7.7M	6.5M	16.3M	800K	-100K	-13.6M
Pretax income	246.2M	251.7M	192.9M	133.4M	58.4M	190.4M	102.4M	112M	122M	109.7M	45.4M	48.8M
Income tax	1.4M	20.4M	9.6M	12.5M	-2.1M	28.4M	33.7M	7M	-19.4M	30.5M	9.8M	14.9M
Net income	244.8M	231.3M	183.3M	120.9M	60.5M	162M	68.7M	105M	141.4M	79.2M	35.6M	33.9M
Net margin	20.1%	19.3%	17.5%	13.4%	5.9%	15.2%	7.21%	10.9%	12.9%	7.65%	3.77%	3.63%
EBITDA	402.1M	390.7M	310.5M	253.9M	313.2M	314.8M	243M	236M	247.4M	244.8M	176.2M	191.2M
EPS	1.54	1.45	1.14	0.75	0.38	1.01	0.43	0.7	0.95	0.53	0.24	0.23
Diluted EPS	1.52	1.44	1.14	0.75	0.37	1	0.43	0.7	0.94	0.53	0.24	0.22

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	14.4B	18.8B	16.4B	13.7B	24.5B	27.2B	13.8B	15.7B	15.8B	11.9B	13.2B
Enterprise value	13.3B	17.2B	15.4B	12.7B	23.7B	28.6B	15.7B	16.5B	15.5B	11.7B	13.3B
Shares outstanding	188.7M	184.3M	181.3M	173.5M	168.5M	165.2M	162.4M	159.4M	160.1M	154.4M	154.4M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	14.4	18.6	17.9	16.1	30.1	18.2	10.9	16	26.5	24.9	46.3
P/S	4.37	5.14	4.25	4.07	7.31	5.33	2.52	3.29	3.78	2.91	3.35
P/B	4.06	4.62	4.01	3.34	5.89	5.14	2.53	2.58	2.5	2.06	2.34
EV/EBITDA	10.3	11.4	9.52	9.48	18.7	13.9	6.98	9.24	12.2	11.3	15.1
EV/Sales	4.04	4.7	3.99	3.76	7.07	5.6	2.86	3.46	3.7	2.87	3.32
Earnings yield	6.93%	5.38%	5.58%	6.21%	3.32%	5.5%	9.21%	6.25%	3.77%	4.01%	2.16%
FCF yield	6.14%	6.08%	5.05%	6.87%	3.29%	4.11%	6.61%	10.3%	10.4%	9.05%	3.41%
PEG	—	—	—	—	—	—	—	—	—	—	-0.69

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	50.6%	50.4%	50.4%	47.5%	48.1%	49.2%	47.5%	44.2%	41.2%	41.2%	40.1%
Operating margin	34.2%	34.4%	34.1%	28.4%	27%	31.7%	28.4%	24.2%	18.8%	12.8%	8.82%
Net margin	30.3%	27.7%	23.7%	25.3%	24.3%	29.3%	23.2%	20.6%	14.3%	11.7%	7.23%
ROE	28.1%	24.8%	22.4%	20.7%	19.6%	28.3%	23.3%	16.2%	9.41%	8.29%	5.09%
ROA	25.8%	22.1%	19%	17.6%	16%	17.4%	14.4%	11.7%	7.2%	6.03%	3.44%
ROIC	37.9%	41.2%	29.6%	27.8%	24.6%	22.7%	18.4%	15.3%	12.3%	8.5%	5.53%
Return on tangible assets	50.4%	37.8%	42.5%	38%	31.1%	178.3%	78.2%	60.3%	28%	24.5%	16.9%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	9.52	6.79	5.8	5.97	5.17	4.35	2.63	3.33	5.54	2.33	3.1
Quick ratio	7.51	5.52	4.55	4.34	3.37	3.01	1.64	2.16	4.24	1.76	1.94
Debt / equity	—	—	—	0	0.04	0.46	0.44	0.25	0.19	0.21	0.12
Debt / assets	—	—	—	0	0.04	0.28	0.27	0.18	0.14	0.15	0.09
Net debt / EBITDA	—	—	—	-0.79	-0.63	0.68	0.81	0.43	-0.29	-0.16	-0.14
Interest coverage	—	—	—	—	—	120.3	31.8	17.8	21.7	20.4	13.3
Effective tax rate	17.1%	19.6%	31.1%	11.2%	8.62%	6.28%	13.6%	8.9%	6.35%	9.42%	11%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	17.4	19.8	21.3	19.5	19.9	30.9	33.8	29.9	26.1	26.5	26.8
EPS (basic)	5.27	5.48	5.06	4.92	4.84	9.07	7.85	6.17	3.72	3.09	3.09
EPS (diluted)	5.18	5.41	5.01	4.89	4.8	8.97	7.81	6.13	3.69	3.08	1.93
Book value per share	18.8	22.1	22.6	23.8	24.7	32.1	33.7	38.2	39.6	37.3	38.1
FCF per share	4.68	6.19	4.58	5.44	4.78	6.78	5.63	10.2	10.3	6.97	2.7
Cash per share	5.74	8.77	5.67	6.08	5.79	6.17	3.61	4.61	9.76	8.9	5.31
Capex per share	—	—	—	—	0	0	0.05	—	—	1.26	1.86

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	—	—	—	—	0%	0%	0.14%	—	—	4.77%	7.03%
Capex / operating cash flow	—	—	—	—	0%	0%	0.55%	—	—	15%	39.4%
Payout ratio	20.2%	21.2%	26.5%	32.1%	37.7%	22.7%	29.3%	41.2%	73.7%	90.7%	147.1%
Dividend yield	1.4%	1.14%	1.48%	1.99%	1.25%	1.25%	2.69%	2.58%	2.78%	3.64%	3.24%

Yield

3.24%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.71

ex-dividend May 26, 2026

Payout ratio

147%

of earnings

Dividend growth

11 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
May 26, 2026	$0.71
Feb 24, 2026	$0.71
Nov 18, 2025	$0.71
Aug 26, 2025	$0.71
May 27, 2025	$0.70
Feb 24, 2025

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Revenue	$1.2B	$1.2B	$1B	$905.5M	$1B	$1.1B	$953.2M	$965M	$1.1B	$1B	$943.7M	$934.8M
YoY change	-13.4%	-9.61%	-9.29%	-15.5%	-15.9%	-11.1%	-8.87%	+6.57%	+7.34%	-3.1%	-1%	-3.13%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	1.1B	1.6B	1B	1.1B	974.8M	1B	586.3M	734.4M	1.6B	1.4B
Receivables	416.6M	454.7M	655.8M	465.3M	358.5M	756.2M	1.1B	864.3M	508.8M	598.1M
Inventory	424M	493.5M	490.2M	609.7M	806M	885M	1.2B	1.1B	784.8M	754.7M
Total current assets	2B	2.6B	2.3B	2.2B	2.3B	2.9B	3.2B	3.2B	3.3B	3.1B
Property, plant & equipment	672.8M	744.5M	902.9M	851.2M	992.6M	1.2B	1.3B	1B	861.7M	738M
Goodwill & intangibles	1.9B	1.9B	2.7B	2.6B	2.5B	7.8B	7.2B	6.8B	6.2B	6B
Total assets	3.9B	4.6B	4.8B	4.8B	5.1B	8.6B	8.9B	8.4B	8.3B	7.9B
Accounts payable	110.4M	258.4M	229.9M	190.5M	226.9M	236M	274.2M	159.2M	171.8M	236M
Short-term debt	—	—	—	—	28.2M	33M	517.7M	327.7M	20.2M	536.2M
Total current liabilities	210.2M	387.9M	389.7M	374M	448.4M	658.5M	1.2B	955.7M	602.7M	1.3B
Long-term debt	—	—	—	0	150.7M	2.4B	1.9B	1.2B	1.2B	666.9M
Total liabilities	314M	507.9M	731.9M	717.3M	942.5M	3.3B	3.4B	2.3B	1.9B	2.2B
Shareholders' equity	3.5B	4.1B	4.1B	4.1B	4.2B	5.3B	5.5B	6.1B	6.3B	5.8B
Total debt	—	—	—	0	178.9M	2.4B	2.4B	1.5B	1.2B	1.2B
Net debt	—	—	—	-851.3M	-387.8M	1.5B	1.8B	790.5M	-168.2M	41.8M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Cash & short-term investments	—	—	—	—	—	—	—	—	1.4B	1.6B	1.4B	799.2M
Receivables	—	—	—	—	—	—	—	—	598.1M	398.4M	336M	348.2M
Inventory	—	—	—	—	—	—	—	—	754.7M	767.5M	885.6M	1B
Total current assets	—	—	—	—	—	—	—	—	3.1B	3.1B	3.1B	2.7B
Property, plant & equipment	—	—	—	—	—	—	—	—	738M	711.9M	712M	707.1M
Goodwill & intangibles	—	—	—	—	—	—	—	—	6B	5.9B	5.8B	5.7B
Total assets	—	—	—	—	—	—	—	—	7.9B	7.9B	7.9B	7.4B
Accounts payable	—	—	—	—	—	—	—	—	236M	209.3M	266.2M	268.6M
Short-term debt	—	27M	—	—	—	—	24.3M	535.2M	536.2M	538M	536.4M	36.3M
Total current liabilities	—	—	—	—	—	—	—	—	1.3B	1.3B	1.3B	874.3M
Long-term debt	—	—	—	—	—	—	—	—	666.9M	654.9M	653.2M	644.8M
Total liabilities	—	—	—	—	—	—	—	—	2.2B	2.1B	2.1B	1.7B
Shareholders' equity	—	—	—	—	—	—	—	—	5.8B	5.8B	5.8B	5.7B
Total debt	—	27M	—	—	—	—	24.3M	535.2M	1.2B	1.2B	1.2B	681.1M
Net debt	—	—	—	—	—	—	—	—	41.8M	-357.5M	-223.7M	-108.9M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	995.2M	1B	918.4M	853.6M	814.8M	1.5B	1.3B	982.8M	596M	477.1M
Depreciation & amortization	247.8M	254.8M	299.2M	371.6M	364.3M	436.7M	690.1M	613.7M	451.3M	463M
Stock-based compensation	78M	88.5M	107.8M	80.1M	156.6M	191.9M	195.2M	185.1M	180.3M	232.4M
Change in working capital	-199.9M	142.4M	148.9M	71.1M	-133.4M	-303.8M	-827.5M	161M	563.9M	193.2M
Operating cash flow	1.1B	1.5B	1.5B	1.4B	1.2B	1.8B	1.4B	1.8B	1.7B	1.3B
Capital expenditure	—	—	—	—	0	0	7.7M	—	—	-195M
Investing cash flow	-55.6M	-10.5M	-719.5M	86.5M	-182.9M	-2.5B	138.5M	11.7M	-172.8M	-204.1M
Dividends paid	-201M	-214.6M	-243.2M	-273.9M	-307M	-340.6M	-373.1M	-405.2M	-439.1M	-432.6M
Share repurchases	-598.9M	-481.5M	-807.5M	-680.4M	-680.6M	-250.8M	-975.3M	-211.2M	-113.6M	-874.6M
Financing cash flow	-832.7M	-666.2M	-1.1B	-954.3M	-987.6M	1.6B	-1.4B	-1.5B	-852.7M	-1.3B
Net change in cash	233.1M	820.4M	-281.2M	516.2M	22.2M	924.8M	144M	287.2M	651.3M	-210.5M
Free cash flow	882.4M	1.1B	829.7M	944M	806M	1.1B	914.9M	1.6B	1.6B	1.1B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Net income	244.8M	231.3M	183.3M	120.9M	60.5M	162M	68.7M	105M	141.4M	79.2M	35.6M	33.9M
Depreciation & amortization	143.2M	112.8M	110.8M	112.3M	115.4M	116M	114.2M	115.9M	116.9M	117.4M	112.4M	116.7M
Stock-based compensation	49.9M	53.3M	46M	42.8M	38.2M	51.1M	62.7M	55.1M	63.5M	57.7M	58M	53.2M
Change in working capital	-54.8M	366.5M	-41.3M	-100K	238.8M	51.2M	143.6M	37.9M	-39.5M	141.2M	-146.1M	-149.3M
Operating cash flow	318M	758.8M	300.3M	272.7M	345M	377.2M	409.4M	314.2M	200M	395.5M	50.3M	70.4M
Capital expenditure	—	—	—	—	—	—	—	—	-56M	-56.5M	-82.4M	-87.1M
Investing cash flow	-1.1M	6.3M	2.2M	1.4M	-182.7M	56.3M	13.2M	-9.3M	-125.3M	153.2M	-86.8M	-85M
Dividends paid	-108.5M	-108.9M	-109.1M	-109.1M	-112M	-112.5M	-110.6M	-103.9M	-105.6M	-106.4M	-106.8M	-106.9M
Share repurchases	-2.3M	-32.7M	-700K	-78.3M	-1.9M	-38.3M	-500.6M	-334.7M	-1M	-39M	-8.5M	-1.6M
Financing cash flow	-310.8M	-441.6M	-109.8M	-187.4M	-113.9M	-150.8M	-611.2M	-438.6M	-106.6M	-145.4M	-115.3M	-108.5M
Net change in cash	6.1M	323.5M	192.7M	86.7M	48.4M	282.7M	-188.6M	-133.7M	-31.9M	403.3M	-151.8M	-123.1M
Free cash flow	288.4M	745.1M	265.1M	244M	387.4M	328.4M	363.3M	246M	138.2M	324.8M	-37.5M	-16.9M

Date	Ratio
Apr 20, 2000	2:1
Feb 19, 1999	3:2

Skyworks Solutions, Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history