Earnings Releases·Nov 3, 2026, 4:04 PM ET

Skyworks Solutions — Q4 2026 Earnings Summary

Q4 2026 standalone revenue declined 5% year-over-year to $1.046 billion, while fiscal 2026 revenue fell 3% to $3.96 billion; GAAP diluted EPS dropped to $0.15 in Q4 and $1.14 for the full year compared to $0.94 and $3.08 respectively in the prior year.
The company issued Q1 2027 revenue guidance of $1.80–$1.90 billion (midpoint down ~7% sequentially) and Non-GAAP EPS guidance of $1.25, citing smartphone seasonality and Android market softness offset by growth in Diversified Growth Markets.
Strategic integration with Qorvo is underway, with combined September revenue at $1.98 billion, a target to realize $150 million in operating expense synergies in fiscal 2027, and a long-term goal of $500 million in annual cost synergies within 24–36 months.
Capital structure shifted significantly with total debt rising to $2.47 billion and $1.98 billion in long-term debt proceeds raised in the last twelve months, though cash and marketable securities increased to $2.61 billion.
Management highlighted design wins in AI data center networking and automotive sectors, while noting the transition to fully combined reporting starting in fiscal 2027 and the completion of initial management and HR system consolidation.