SWKSNasdaqSemiconductors & Related DevicesFiscal year ends October 2
SKYWORKS SOLUTIONS, INC.
Financials through Q3 FY2026, quarter ended Jul 3, 2026Last filing: 10-Q on Jul 28, 2026
$80.23+0.53 (+0.66%)
Close on Oct 19, 2026
- Market cap
- $12.15B
- P/E (TTM)
- 41.6
- Dividend yield
- 3.50%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
41.2%−6.9 pts over 5 years
Operating margin
12.2%−14.3 pts over 5 years
Net margin
11.7%−12.6 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -2.2% | -9.3% | +4.0% | +2.3% | |
| Gross profit | -2.2% | -13.6% | +0.8% | +0.8% | |
| Operating income | -21.6% | -31.1% | -10.9% | -6.9% | |
| Net income | -19.9% | -27.9% | -10.2% | -5.0% | |
| EPS, diluted | -16.5% | -26.7% | -8.5% | -2.8% | |
| Free cash flow | -33.7% | +5.7% | +6.3% | +7.0% | |
| Dividend per share | +2.6% | +6.9% | +9.1% | +15.8% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 29.7% | 19.7% | 7.9% | |
| Return on assets | 26.3% | 16.4% | 5.9% | |
| Current ratio | 9.52 | 5.17 | 2.33 | |
| Interest coverage | – | – | 18.5× | |
| Inventory turnover | 4.7× | 2.5× | 3.1× | |
| Capex to revenue | 5.8% | 11.6% | 4.8% | |
| Diluted shares | 192M | 170M | 155M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Skyworks Solutions generated $8.18B from operations and spent $5.85B on capital expenditure, dividends and share buybacks. 29% of that went back into the business.
Generated
$8.18B
Used
$5.85B
Capital expenditure$1.69B29%Dividends$1.99B34%Share buybacks$2.17B37%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin11.7%
×Asset turnover0.50×
×Equity multiplier1.34×
=Return on equity, FY20257.9%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 11.7% | 0.50× | 1.34× | 7.9% |
| FY2024 | 14.3% | 0.50× | 1.35× | 9.6% |
| FY2023 | 20.6% | 0.55× | 1.50× | 17.0% |
| FY2022 | 23.2% | 0.63× | 1.62× | 23.7% |
| FY2021 | 29.3% | 0.75× | 1.45× | 31.7% |
| FY2020 | 24.3% | 0.67× | 1.20× | 19.7% |
| FY2019 | 25.3% | 0.70× | 1.18× | 20.8% |
| FY2018 | 23.7% | 0.82× | 1.15× | 22.5% |
| FY2017 | 27.7% | 0.87× | 1.11× | 26.6% |
| FY2016 | 30.3% | 0.87× | 1.13× | 29.7% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$477.10M
- Cash generatingOperating cash flow above zero$1.30B
- Return on assets improvedROA up on the prior year7.1% → 5.8%
- Earnings backed by cashOperating cash flow above net income$1.30B vs $477.10M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose5.54 → 2.33
- No dilutionShare count did not rise162M → 155M
- Gross margin improvedGross margin up on the prior year41.19% → 41.16%
- More efficientAsset turnover rose0.50 → 0.49