Skyworks Solutions (SWKS)
NASDAQ:SWKS
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Earnings Data
Report Date
Aug 05, 2026After Close (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
1.03Last Year’s EPS
1.33Same Quarter Last Year
Based on 13 Analysts Ratings
Earnings Call Summary
Q2 2026
Earnings Call Date:May 05, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call communicated a largely positive operational and strategic picture: revenue and EPS beat, strong cash position and dividend, meaningful multigenerational Android design win (> $1B through 2030), robust broad market momentum (nine quarters of growth, +double-digit YoY) and progress on the Qorvo transaction with $500M+ synergies targeted. Offsetting items include near-term input cost pressures, customer concentration (~60% of revenue), seasonal Q3 guidance implying lower EPS (~$1.03 vs $1.15), and regulatory timing risk on the merger. Overall, the positives (beats, large design win, product roadmap, broad-market growth and merger upside) outweigh the manageable near-term headwinds and risks.Company Guidance
Revenue and EPS Beat
Reported revenue of $944 million, approximately $20 million above the high end of guidance; diluted EPS of $1.15, above guidance.
Strong Profitability Metrics
Gross profit $425 million with gross margin of 45% (in line with midpoint of guidance); operating income $189 million and operating margin of 20%; net income $173 million and effective tax rate 10%.
Cash, Dividends and Balance Sheet
Ended the quarter with approximately $1.4 billion in cash and investments, $1 billion in debt, and paid $107 million in quarterly dividends.
Broad Markets Momentum
Broad markets represented 42% of sales (~$400 million quarterly) with nine consecutive quarters of growth and double-digit year-over-year growth; the three growth engines (Wi‑Fi, data center, automotive) collectively grew ~30% year over year.
Mobile Strength and Unit/Content Outlook
Mobile represented 58% of revenue and outperformed expectations driven by healthy sell-through; book-to-bill remains above 1 and channel inventories are lean.
Large Multigenerational Android Design Win
Secured a multigenerational design win with a leading Android OEM expected to generate over $1 billion in revenue through 2030; company describes this as incremental, premium RF content across multiple generations.
Product and Technology Innovations
Introduced new product innovations including BAW filters targeting early 6G FR3, next-generation RF front-end solutions above 7 GHz, expanded timing portfolio (clock buffers) for data center/wireless infrastructure/PCIe Gen7, and early Wi‑Fi 8 engagements.
Qorvo Combination Progress and Synergy Target
Regulatory reviews progressing (entered Phase II China SAMR review); formal guidance remains expected close early calendar 2027 with increasing hope for late 2026; anticipated synergies of $500 million or more and active integration planning.
Data Center and Broad Market Tailwinds
AI data center segment is modest in absolute terms but expected to grow nearly 50% this year; positioning across 800G and 1.6T platforms and structural demand (precision timing, advanced power) supports medium-term diversification.
Forward Guidance and Stability
Q3 fiscal 2026 revenue guidance of $900–$950 million (midpoint $925M) with gross margin guidance ~44.5%–45.5% (flat sequentially); broad markets expected to represent 43% of sales and be up high single digits year over year.
SWKS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SWKS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $72.56 | $64.97 | -10.47% |
Feb 03, 2026 | $55.27 | $58.30 | +5.49% |
Oct 03, 2025 | $75.33 | $75.14 | -0.25% |
Aug 05, 2025 | $65.46 | $65.36 | -0.16% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Skyworks Solutions (SWKS) report earnings?
Skyworks Solutions (SWKS) is schdueled to report earning on Aug 05, 2026, After Close (Confirmed).
What is Skyworks Solutions (SWKS) earnings time?
Skyworks Solutions (SWKS) earnings time is at Aug 05, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SWKS EPS forecast?
SWKS EPS forecast for the fiscal quarter 2026 (Q3) is 1.03.
