SWKS · 10-K · 2026A · Full report

Operating Expense Trends

SKYWORKS SOLUTIONS, INC. · 2026-11-10 · Importance 36 · Surprise 40 · From source text

Selling, general, and administrative expense rose 17.4% to $436.1 million in fiscal 2026 from $371.5 million in fiscal 2025, increasing from 9.1% to 11.0% of revenue. Higher professional-services costs related to the Qorvo transaction drove the increase, partly offset by lower headcount-related expense, including share-based compensation. Research and development expense also increased 6.6% to $837.0 million, or 21.1% of revenue, primarily because of headcount-related costs and investment in new technologies and products.

Key facts

• Fiscal 2026 research and development expense was $837.0 million, up 6.6% from $785.5 million in fiscal 2025, and 21.1% of net revenue versus 19.2%. source
• Fiscal 2026 selling, general, and administrative expense was $436.1 million, up 17.4% from $371.5 million in fiscal 2025, and 11.0% of net revenue versus 9.1%. source
• Fiscal 2026 selling, general, and administrative expenses increased primarily due to Qorvo transaction-related professional services costs, partly offset by lower headcount-related expenses, including share-based compensation. source
• Fiscal 2026 research and development expense increased primarily due to headcount-related expenses, including share-based compensation, from increased investment in developing new technologies and products. source

Impact estimates