Monday 2 November 2026
Export SWKS’s income statement to Excel — free account
Skyworks Solutions, Inc.
SWKS Technology Semiconductors
Skyworks Solutions, Inc.’s revenue for fiscal 2025 (year ended September 2025) was $4.1 billion, down 2.18% from fiscal 2024.
- Revenue
- −3.13%
- EPS
- −67.1%
- Free cash flow
- −106.9%
- Total debt
- −50.1%
Quarter to June 2026, against a year earlier
85.31
2.27
−2.59%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to September
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | 3,289 | 3,651 | 3,868 | 3,377 | 3,356 | 5,109 | 5,486 | 4,772 | 4,178 | 4,087 | 4,014 | +2.4% | 3,948 | 7,604 | 8,019 | +25.2% | |
| Gross margin, % | 50.63 | 50.44 | 50.43 | 47.49 | 48.06 | 49.18 | 47.48 | 44.16 | 41.19 | 41.16 | 40.73 | (9.5) pt | ||||||
| EBT | 1,201 | 1,257 | 1,332 | 961 | 892 | 1,599 | 1,477 | 1,079 | 636 | 527 | 326 | (8.7%) | ||||||
| EBT margin, % | 36.50 | 34.43 | 34.44 | 28.46 | 26.57 | 31.29 | 26.92 | 22.60 | 15.23 | 12.89 | 8.12 | (23.6) pt | ||||||
| Net income | 995 | 1,010 | 918 | 854 | 815 | 1,498 | 1,275 | 983 | 596 | 477 | 290 | (7.8%) | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | 17.43 | 19.81 | 21.33 | 19.46 | 19.92 | 30.93 | 33.78 | 29.94 | 26.10 | 26.47 | 26.69 | +4.8% | |||||
| Earnings | 5.27 | 5.48 | 5.06 | 4.92 | 4.84 | 9.07 | 7.85 | 6.17 | 3.72 | 3.09 | 1.95 | (5.8%) | ||||||
| Cash flow | 5.71 | 7.90 | 6.95 | 7.88 | 7.15 | 10.73 | 8.77 | 11.65 | 11.40 | 8.42 | 4.76 | +4.4% | ||||||
| Capex | (1.03) | (1.71) | (2.38) | (2.44) | (2.36) | (3.95) | (3.14) | (1.48) | (1.14) | (1.46) | (2.05) | +3.9% | ||||||
| Free cash flow | 4.68 | 6.19 | 4.58 | 5.44 | 4.78 | 6.78 | 5.63 | 10.17 | 10.25 | 6.97 | 2.72 | +4.5% | ||||||
| Book value | 18.77 | 22.06 | 22.60 | 23.76 | 24.71 | 32.06 | 33.68 | 38.16 | 39.58 | 37.29 | 38.15 | +7.9% | ||||||
| Shares, m | 189 | 184 | 181 | 174 | 169 | 165 | 162 | 159 | 160 | 154 | 151 | (2.2%) | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | 14.45 | 18.66 | 18.04 | 16.17 | 30.06 | 18.17 | 10.89 | 15.92 | 26.55 | 24.91 | 44.91 | 19.4 | |||||
| P/S | 4.37 | 5.16 | 4.29 | 4.07 | 7.31 | 5.33 | 2.52 | 3.28 | 3.78 | 2.91 | 3.28 | 4.3 | ||||||
| P/B | 4.06 | 4.64 | 4.05 | 3.34 | 5.89 | 5.14 | 2.53 | 2.57 | 2.50 | 2.06 | 2.30 | 3.7 | ||||||
| EV/Sales | 4.05 | 4.73 | 4.03 | 3.77 | 7.07 | 5.57 | 2.82 | 3.40 | 3.72 | 2.82 | 3.33 | 4.2 | ||||||
| EV/FCF | 15.00 | 14.98 | 18.79 | 13.49 | 29.92 | 25.42 | 16.89 | 10.01 | 9.47 | 10.70 | 32.72 | 16.5 | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | 1,078 | 1,456 | 1,261 | 1,367 | 1,205 | 1,772 | 1,425 | 1,856 | 1,825 | 1,301 | 716 | +2.1% | |||||
| Capex | (195) | (315) | (431) | (423) | (398) | (652) | (510) | (236) | (183) | (225) | (308) | +1.6% | ||||||
| Free cash flow | 882 | 1,141 | 830 | 944 | 806 | 1,120 | 915 | 1,620 | 1,642 | 1,076 | 409 | +2.2% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | 1,792 | 2,246 | 1,873 | 1,861 | 1,869 | 2,207 | 2,003 | 2,224 | 2,738 | 1,754 | 1,837 | (0.2%) | |||||
| Net debt | (1,084) | (1,617) | (1,027) | (1,055) | (796) | 1,249 | 1,603 | 558 | (568) | (378) | (302) | (11.0%) | ||||||
| Shareholders’ equity | 3,541 | 4,066 | 4,097 | 4,122 | 4,164 | 5,297 | 5,469 | 6,083 | 6,337 | 5,757 | 5,738 | +5.5% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | 26.28 | 23.97 | 19.54 | 17.66 | 16.38 | 21.88 | 14.60 | 11.36 | 7.13 | 5.89 | 3.83 | (20.4) pt | |||||
| ROIC | 28.45 | 32.00 | 26.86 | 19.40 | 16.55 | 15.40 | 13.50 | 10.59 | 6.91 | 5.81 | 3.51 | (22.6) pt | ||||||
| ROE | 29.70 | 26.56 | 22.50 | 20.77 | 19.67 | 31.67 | 23.69 | 17.02 | 9.60 | 7.89 | 5.09 | (21.8) pt | ||||||
| People | ||||||||||||||||||
| People | Employees | 7,300 | 8,400 | 9,400 | 9,000 | 10,000 | 11,000 | 11,150 | 9,750 | 10,100 | 10,000 | — | +3.6% | |||||
| Revenue/emp, $m | 0.45 | 0.43 | 0.41 | 0.38 | 0.34 | 0.46 | 0.49 | 0.49 | 0.41 | 0.41 | — | (1.1%) | ||||||
Negative figures in brackets.
estimates
Fiscal years to Sep 2025 · latest quarter Jun 2026
Business profile
Where the money comes from and where it goes Fiscal 2025
| United States | 3,157 | 77.25% |
|---|---|---|
| Taiwan | 259 | 6.34% |
| China | 254 | 6.22% |
| South Korea | 190 | 4.65% |
| Europe, Middle East, and Africa | 186 | 4.55% |
| Other Asia-Pacific | 41 | 0.99% |
| Gross margin | 41.16% | |
| Operating margin | 12.23% | |
| Pre-tax margin | 12.89% |
Skyworks Solutions, Inc. vs peers in Semiconductors (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| CRDO Credo Technology Group Holding Ltd. | $28.4B | 51.2× | 34.2× | +114.73% (above 0%: growing) | +89.19% (above 0%: growing) | +61.55% (above 0%: growing) | 64.53% | 25.20% | Compare |
| ON ON Semiconductor Corporation | $27.9B | 45.4× | 32.9× | +9.18% (above 0%: growing) | +41.46% (above 0%: growing) | +284.55% (above 0%: growing) | 38.43% | 16.13% | Compare |
| CBRS Cerebras Systems Inc. | $24.4B | — (loss-making) | — | — | n/m | — | 14.19% | (264.97%) | Compare |
| GFS GlobalFoundries Inc. | $23.0B | 32.2× | 32.3× | +5.81% (above 0%: growing) | −26.83% (below 0%: shrinking) | −97.40% (below 0%: shrinking) | 28.28% | 9.74% | Compare |
| SWKS Skyworks Solutions, Inc. | $20.6B | 44.9× | 57.9× | −3.13% (below 0%: shrinking) | −67.14% (below 0%: shrinking) | −106.87% (below 0%: shrinking) | 40.12% | 5.19% | |
| TSEM Tower Semiconductor Ltd. | $18.9B | 64.8× | 47.8× | +23.66% (above 0%: growing) | +90.48% (above 0%: growing) | −180.73% (below 0%: shrinking) | 29.95% | 19.62% | Compare |
| MTSI MACOM Technology Solutions Holdings, Inc. | $17.9B | 73.2× | 57.0× | +35.77% (above 0%: growing) | +169.39% (above 0%: growing) | +165.46% (above 0%: growing) | 58.31% | 22.53% | Compare |
| SITM SiTime Corporation | $13.4B | 844× | 108× | +126.54% (above 0%: growing) | n/m | +1,018.94% (above 0%: growing) | 62.97% | 5.22% | Compare |
| LSCC Lattice Semiconductor Corporation | $13.2B | 358× | 118× | +62.20% (above 0%: growing) | +600.00% (above 0%: growing) | +130.47% (above 0%: growing) | 70.29% | 11.12% | Compare |
| Median of peers | $20.9B | 64.8× | 47.8× | +35.77% | +89.84% | +130.47% | 48.37% | 13.62% |
From the latest earnings call
- Phil Brace said channel inventories were lean, mobile demand remained solid, and parts of broad markets faced demand above available supply.
- Philip Carter said fourth-quarter mobile revenue was expected to grow sequentially in the high-teens range, supported by seasonal new-product launches.
Largest institutional holders 13F, quarter to 30 June 2026
Held by institutions
121.44%
Held by the ten largest
70.39%
| Holder | Shares | Stake | Change |
|---|---|---|---|
| BlackRock | 20.55m | 13.66% | −886.52k |
| Vanguard | 19.86m | 13.19% | −1.42m |
| PZENA INVESTMENT MANAGEMENT LLC | 15.74m | 10.46% | −110.73k |
| T. Rowe Price | 11.71m | 7.78% | +11.50m |
| State Street | 8.85m | 5.88% | +407.31k |
| Capital Group | 7.30m | 4.85% | +5.28m |
| Geode Capital Management | 5.98m | 3.97% | +143.28k |
| Charles Schwab | 5.42m | 3.60% | +490.38k |
| Dimensional Fund Advisors | 5.38m | 3.57% | +765.07k |
| Fidelity International (FIL) | 5.14m | 3.42% | −61.43k |
13F filings for the quarter to 30 June 2026: long positions in US-listed shares reported by managers with $100m or more, ~45 days after the quarter.
Skyworks Solutions, Inc. (SWKS) Latest News
19 Oct
9 Oct
7 Oct
6 Oct
5 Oct
30 Sep
25 Sep
22 Sep
SWKS metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
Skyworks Solutions develops, manufactures and sells analog and mixed-signal semiconductors. These chips handle signals, power and timing in electronic equipment: they can strengthen and filter wireless signals, help devices connect over cellular and Wi-Fi networks, manage electrical power, or keep high-speed systems synchronized.
Its products serve wireless connectivity applications across smartphones, tablets and wearables, as well as automotive, broadband, cellular infrastructure, connected-home, industrial, medical, aerospace, defense, entertainment and gaming equipment. The company supports wireless standards including cellular, Wi-Fi, GPS, Bluetooth, Thread, Zigbee and LoRa. Its customers use the components inside finished devices and network equipment rather than buying a consumer product from Skyworks.