Companies · SWKS
Skyworks Solutions
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Latest analysis
Updated Nov 3, 2026
Skyworks-Qorvo combination closes Oct 5; combined December quarter guided at $1.85B midpoint with supply-constrained diversified growth markets leading the way
The Skyworks-Qorvo merger closed October 5, creating a combined RF platform company with $7.5B in pro forma fiscal 2026 revenue across smartphone ($4.6B) and diversified growth markets ($2.9B). The September standalone quarter landed above guidance at $1.046B, but the first combined December quarter is guided $1.80-1.90B — down approximately 7% sequentially — as Android weakness and Qorvo's extra-week pull-forward weigh on smartphone, while data center and defense in diversified growth markets are described as supply-constrained with demand exceeding supply. Management's long-term targets of 50-55% gross margin and 30-35% operating margin depend on $500M in synergies fully realized within 24-36 months, with earnings benefit heavily back-half weighted in fiscal 2027.
Tone: mixedRevenue
$4.1B
SWKS 10-K · FY 2025
Employees
10,000
Revenue growth YoY
-2.2%
Headquarters
Irvine, CA
Profile
SWKS 10-K Item 1 · Nov 7, 2025Skyworks Solutions is a leading analog and mixed-signal semiconductor company serving a broad range of applications from smartphones and automotive to aerospace and industrial markets. The company combines internal manufacturing with strategic partnerships and deploys products across approximately 6,900 customers globally. A pending merger with Qorvo, announced October 27, 2025, would create a combined company valued at approximately $22.0 billion.
Read filing description ↓ Collapse description ↑
Skyworks Solutions, Inc., together with its consolidated subsidiaries, is a leading developer, manufacturer and provider of analog and mixed-signal semiconductor products and solutions for numerous applications, including aerospace, automotive, broadband, cellular infrastructure, connected home, defense, entertainment and gaming, industrial, medical, smartphone, tablet, and wearables. Over the past two decades, Skyworks has made important investments to address key network technologies, from cellular to advanced Wi-Fi, enhanced GPS, and Bluetooth, among others. Capitalizing on both organic growth and strategic acquisitions, we are targeting high-growth verticals, while at the same time, seeking to diversify our revenue and customer set. Targeted investments in next-generation technology and solutions, technical talent, and fabrication capabilities have created the opportunity to expand into high-growth market segments, including electric and hybrid vehicles, industrial and motor control, power supply, 5G wireless infrastructure, optical data communication, data center, automotive, smart home, and several other applications. We believe we possess broad technology capabilities and one of the most complete wireless communications product portfolios in the industry. We operate worldwide with engineering, manufacturing, sales, and service facilities throughout Asia, Europe, and North America, spanning approximately 6,900 customers and 4,900 unique products.
Primary products
- Amplifiers
- Antenna Tuners
- Attenuators
- Automotive Tuners and Digital Radios
- Wireless ASoC
- DC/DC Converters
End markets
Geographies
Named customers
In each of the fiscal years ended October 3, 2025 ('fiscal 2025'), September 27, 2024 ('fiscal 2024'), and September 29, 2023 ('fiscal 2023'), Apple, through sales to multiple distributors and contract manufacturers for multiple applications including smartphones, tablets, desktop and notebook computers, watches, and other devices, constituted more than ten percent of our net revenue. Further, the Company's three largest accounts receivable balances comprised 82% and 80% of aggregate gross accounts receivable as of October 3, 2025 and September 27, 2024, respectively.
Named competitors
“We believe we possess broad technology capabilities and one of the most complete wireless communications product portfolios in the industry.” Competitive position, as stated in the filing
Revenue commentary · FY 2025
Net revenue decreased 2.2% to $4,086.9 million in fiscal 2025, driven primarily by a decrease in market share at a significant customer, partially offset by an increase in demand for mobile and Wi-Fi products.
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