Skyworks Solutions, Inc. (SWKS) Earnings Call Transcripts

Skyworks Solutions, Inc.'s Latest Earnings Call - Q3 FY2026

In the third fiscal quarter of 2026, Skyworks Solutions, Inc. reported revenue of $935 million and non-GAAP diluted earnings per share (EPS) of $1.08, both exceeding the midpoint of guidance. The company is optimistic about closing its acquisition of Qorvo within the calendar year, with regulatory reviews progressing positively. Management provided fourth-quarter guidance of revenue between $1.010 billion and $1.060 billion, indicating a sequential growth in mobile revenue in the high teens, while broad markets are expected to grow approximately 5% year-over-year.

Reported metrics

Guidance from management

Skyworks expects Q4 2026 revenue in the range of $1.010 billion to $1.060 billion and non-GAAP diluted EPS of $1.27 at the midpoint. This guidance reflects a seasonal ramp in mobile and stable demand in broad markets.

What management said

Thank you, Philip. Before we open the line, I want to thank our employees, customers and partners for another quarter of outstanding execution. And to the Qorvo team, the closer we get, the more energized we are by what we can build together. Your dedication sets the stage for continued leadership and growth. Operator, let's open the line for questions.

Honestly, we're trying to do it everywhere we can. I mean we are trying to do our best to engage with all the customers and all the suppliers to make sure we do that, but to kind of minimize the impact the best we can. But we haven't undertaken price increases where the cost -- where we just simply can't absorb the cost anymore. We're trying to do our best to try and mitigate these price increases with other actions ...

What analysts pressed on

Analysts expressed concerns about the impact of rising input costs on gross margins and the potential challenges in regaining content opportunities in mobile due to competitive pressures. There were also questions regarding the elimination of the dividend and its effect on shareholder sentiment.

Main topics on the call

• Qorvo Acquisition Progress — Skyworks is optimistic about closing the Qorvo acquisition within the calendar year, stating, "the regulatory process continues to move forward" and they are preparing to close as early as this fiscal year.
• Strong Demand in Mobile and Broad Markets — Management noted that demand in mobile remains solid, with mobile revenue representing 57% of total revenue. Broad markets revenue grew 8% year-over-year, driven by strong demand in data center and automotive sectors.
• New Capital Allocation Framework — The Board approved a new capital allocation framework, replacing the expiring repurchase authorization with a new $2 billion stock repurchase program. Management emphasized that this framework aims to return more value t...
• Input Cost Pressures — Management acknowledged ongoing input cost pressures, stating, "input costs remained a headwind in the quarter" and they are working to offset these through cost reductions and selective pricing actions.

Read the full Skyworks Solutions, Inc. transcript (Q3 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 52 Skyworks Solutions, Inc. earnings call transcripts on record, spanning January 7, 2020 to July 28, 2026. Based on this history, Skyworks Solutions, Inc. reports quarterly. The most recent call on file is dated July 28, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

SWKS

Exchange

NasdaqGS

Country

US

Sector

Information Technology

Industry

Semiconductors and Semiconductor Equipment

Calls on record

52

First call

January 7, 2020

Most recent

July 28, 2026

Reporting cadence

quarterly