SWKS · 10-K · 2026A · Full report
Interest Expense Increase
SKYWORKS SOLUTIONS, INC. · 2026-11-10 · Importance 65 · Surprise 82 · Matches filing data
Fiscal 2026 interest expense increased 52.4% to $41.3 million from $27.1 million in fiscal 2025. The increase resulted from issuing $800 million of 5.00% notes due 2028, $600 million of 5.75% notes due 2032, and $600 million of 6.25% notes due 2036 in August 2026. The filing states that interest expense is estimated to increase in fiscal 2027 because average borrowings are expected to be higher than in fiscal 2026.
Key facts
- Fiscal 2026 interest expense increased 52.4% to $41.3 million from $27.1 million in fiscal 2025. source
- Fiscal 2026 interest expense increased due to issuance of the 2028 Notes, 2032 Notes, and 2036 Notes in August 2026; interest expense is estimated to increase in fiscal 2027 because average borrowings are expected to be higher than in fiscal 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | negative | realized | -0.4% | Fiscal 2026 interest expense increased 52.4% to $41.3 million from $27.1 million in fiscal 2025. |