SWKS · 10-K · 2026A
SKYWORKS SOLUTIONS, INC.
Filed 2026-11-10 · Technology · View original filing on EDGAR
USD 3,959.6MTotal Revenue
USD 9,436.8MTotal Assets
12Topics
71Top Importance
Everything SWKS's SEC filings said, ranked
Ranked Events
- Restructuring ChargesImportance 71 · Surprise 82Restructuring, impairment, and other charges increased to $124.2 million in fiscal 2026 from $24.2 million in fiscal 2025, a 413.2% increase. The charges primarily reflected facility consolidation and closure costs and…
- Acquisition / Partnership / DivestitureImportance 71 · Surprise 60Skyworks completed its acquisition of Qorvo on October 5, 2026, making Qorvo a wholly owned subsidiary. Qorvo stockholders received approximately $2.9 billion in cash and 85.3 million Skyworks shares, at a stated…
- Liquidity and Cash PositionImportance 69 · Surprise 64Cash, cash equivalents, and marketable securities totaled $2,606.1 million at October 2, 2026, an increase of $1,217.7 million from October 3, 2025. The balance increased primarily because of $2.0 billion in…
- Operating Cash Flow TrendsImportance 69 · Surprise 64Cash provided by operating activities fell to $549.9 million in fiscal 2026 from $1,300.8 million in fiscal 2025, a $750.9 million decrease. The decrease primarily reflected a $470.8 million reduction in cash inflows…
- Interest Expense IncreaseImportance 65 · Surprise 82Fiscal 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…
- Outstanding IndebtednessImportance 64 · Surprise 42At October 2, 2026, Skyworks had $800 million of 2028 Notes, $500 million of Notes due 2031, $600 million of 2032 Notes, and $600 million of 2036 Notes outstanding. It repaid $500 million of borrowings during fiscal…
- Capital AllocationImportance 56 · Surprise 46Fiscal 2026 capital expenditures were $320.6 million, up $125.6 million from fiscal 2025. The company paid $320.1 million in dividends and repurchased $114.5 million of shares during fiscal 2026. Compared with fiscal…
- Customer DynamicsImportance 37 · Surprise 32Fiscal 2026 net revenue decreased 3.1% to $3,959.6 million, driven primarily by a decrease in market share at a significant customer. Increased demand for automotive, data center, and Wi-Fi products partially offset…
- Revenue Performance and MixImportance 37 · Surprise 32Fiscal 2026 net revenue fell 3.1% to $3,959.6 million from $4,086.9 million in fiscal 2025, following a 2.2% decline in fiscal 2025. The fiscal 2026 decrease was driven primarily by reduced market share at a…
- Operating Expense TrendsImportance 36 · Surprise 40Selling, 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…
- Gross Margin DriversImportance 24 · Surprise 14Fiscal 2026 gross profit decreased 4.0% to $1,614.9 million from $1,682.1 million in fiscal 2025. Gross margin declined to 40.8% of revenue from 41.2%, a 0.4 percentage-point reduction. Higher input costs and…
- Income Tax Rate ChangesImportance 19 · Surprise 22Fiscal 2026 income tax provision was $41.6 million, down 16.1% from $49.6 million in fiscal 2025; the provision was 1.1% of revenue versus 1.2%. The decrease primarily reflected lower taxes associated with lower…
Revenue by Geography (in millions)
| 2024 | 2025 | 2026 | region |
|---|---|---|---|
| 3,202.2 | 3,157.1 | 3,023.2 | United States |
| 317.5 | 259.1 | 292.9 | Taiwan |
| 303.4 | 254.2 | 254.4 | China |
| 114.5 | 185.8 | 178.9 | Europe, Middle East, and Africa |
| 203.9 | 190.1 | 170.8 | South Korea |
| 36.5 | 40.6 | 39.4 | Other Asia-Pacific |