Skyworks Solutions, Inc.
- Open
- 60.25
- Day high
- 63.69
- Day low
- 60.24
- Prev close
- 60.21
- Volume
- 3.1M
- Mkt cap
- $9.6B
- P/E (TTM)
- 26.3
- EPS (TTM)
- $2.42
- P/B
- 1.7
- P/S
- 2.4
- Yield
- 2.23%
- Per share
- $1.42
Skyworks Solutions, Inc. (SWKS) is a Technology company listed on NASDAQ. The stock is down 15% over the past year. Drillr has 1 published research article covering SWKS.
Skyworks Solutions, Inc. (SWKS) financials & analyst ratings
Fundamentals (TTM)
Analyst consensus · 7 analysts
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
SWKS earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 5, 2026 | $1.04 | $1.15 | +10.6% | $944M | +4.7% |
| Feb 3, 2026 | $1.40 | $1.54 | +10.0% | $1.0B | +14.9% |
| Oct 28, 2025 | $1.52 | $1.76 | +15.8% | $1.1B | +5.6% |
| Feb 5, 2025 | $1.57 | $1.60 | +1.9% | $1.1B | +0.2% |
| Apr 30, 2024 | $1.52 | $1.55 | +2.0% | $1.0B | +0.1% |
| Jan 30, 2024 | $1.95 | $1.97 | +1.0% | $1.2B | +14.9% |
| Nov 2, 2023 | $2.10 | $2.20 | +4.8% | $1.2B | +0.2% |
| Feb 6, 2023 | $2.59 | $2.59 | +0.0% | $1.3B | +0.5% |
| Nov 3, 2022 | $2.91 | $3.02 | +3.8% | $1.4B | +0.8% |
| Aug 4, 2022 | $2.36 | $2.44 | +3.4% | $1.2B | +0.6% |
| May 3, 2022 | $2.62 | $2.63 | +0.4% | $1.3B | +0.2% |
| Feb 3, 2022 | $3.10 | $3.14 | +1.3% | $1.5B | +0.6% |
SWKS insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| May 15, 2026 | SCHRIESHEIM ROBERT Adirector, officer: Interim CFO | Grant | 3,724 | — |
| May 15, 2026 | SCHRIESHEIM ROBERT Adirector, officer: Interim CFO | Option | 3,664 | — |
| May 15, 2026 | KING CHRISTINEdirector | Grant | 4,129 | — |
| May 15, 2026 | Turcke Maryanndirector | Grant | 3,724 | — |
| May 15, 2026 | David P McGladedirector | Grant | 3,724 | — |
| May 15, 2026 | Batey Alan S.director | Grant | 3,724 | — |
| May 15, 2026 | Batey Alan S.director | Option | 3,664 | — |
| May 15, 2026 | BEEBE KEVIN Ldirector | Grant | 3,724 | — |
| May 15, 2026 | McBride Suzanne E.director | Grant | 3,724 | — |
| May 15, 2026 | Guerin Ericdirector | Grant | 3,724 | — |
| May 15, 2026 | Turcke Maryanndirector | Option | 3,664 | — |
| May 15, 2026 | David P McGladedirector | Option | 3,664 | — |
| May 15, 2026 | KING CHRISTINEdirector | Option | 4,071 | — |
| May 15, 2026 | McBride Suzanne E.director | Option | 3,664 | — |
| May 15, 2026 | Guerin Ericdirector | Option | 3,664 | — |
Source: SWKS SEC Form 4 filings, latest May 15, 2026. For informational purposes only — not investment advice.
See the full SWKS insider & 13F page →Skyworks Solutions, Inc. company profile
Overview
Skyworks Solutions, Inc. (NASDAQ:SWKS) is a leading semiconductor company founded in 1962 and headquartered in Irvine, California. The company went public in 1984 and has evolved from a traditional semiconductor manufacturer into a specialized provider of high-performance analog semiconductors for wireless communications. Skyworks has established itself as a critical supplier to major technology companies, particularly in the mobile device ecosystem, while expanding its presence in automotive, industrial, and infrastructure markets. The company recently underwent a leadership transition, with Philip Brace taking over as CEO in February 2025, succeeding Liam Griffin who led the company for over two decades.
Business
Skyworks operates in the analog semiconductor industry, specifically focusing on radio frequency (RF) and mixed-signal semiconductors that enable wireless connectivity. The semiconductor industry is divided into two main categories: digital semiconductors (like processors and memory) and analog semiconductors (which process real-world signals like sound, light, and radio waves). Skyworks specializes in the analog side, creating chips that manage wireless communications. The company's core products include amplifiers that boost signal strength, filters that isolate specific frequency bands, switches that route signals between different paths, and integrated front-end modules that combine multiple functions into single chips. These components are essential for any device that needs to send or receive wireless signals - from smartphones connecting to cellular towers to cars communicating with satellite navigation systems. Skyworks operates through two primary business segments: 1. Mobile segment (approximately 62-67% of revenue): This division serves smartphone manufacturers, providing the RF components that enable cellular, Wi-Fi, and Bluetooth connectivity. The complexity of modern smartphones, which must operate across multiple frequency bands and wireless standards simultaneously, requires sophisticated RF solutions that Skyworks specializes in. 2. Broad Markets segment (approximately 33-38% of revenue): This encompasses automotive connectivity systems, industrial IoT devices, infrastructure equipment like cellular base stations and Wi-Fi routers, and emerging applications in data centers and edge computing. This segment has grown significantly as wireless connectivity expands beyond traditional mobile devices. The company's products are built using advanced materials like gallium arsenide (GaAs) and specialized technologies like Bulk Acoustic Wave (BAW) filters, which offer superior performance compared to traditional silicon-based solutions for high-frequency applications.
Revenue model
Skyworks generates revenue primarily through direct product sales to original equipment manufacturers (OEMs) and electronic manufacturing services (EMS) providers. The company sells its semiconductor components at fixed prices per unit, with revenue directly tied to the volume of chips shipped and the average selling price of its products. The company's largest customer relationship illustrates its business model: Apple represents approximately 70-85% of mobile segment revenue, purchasing Skyworks' RF components for integration into iPhones. This creates a high-volume, high-value relationship but also introduces concentration risk. Beyond Apple, Skyworks serves Android smartphone manufacturers like Samsung, Google, and Chinese OEMs, as well as automotive companies, networking equipment manufacturers, and industrial device makers. Several factors significantly impact Skyworks' profitability margins. Positive factors include the increasing complexity of wireless standards (5G, Wi-Fi 7) which drives demand for more sophisticated and higher-priced components, the proliferation of connected devices across automotive and IoT markets, and the company's technological leadership in specialized areas like BAW filters. The ongoing integration of AI capabilities into smartphones and edge devices is creating new performance requirements that favor Skyworks' high-performance solutions. Negative factors include intense competition from other RF semiconductor companies, customer efforts to diversify their supply chains (dual-sourcing), and the cyclical nature of smartphone replacement cycles. Manufacturing costs are influenced by the price of specialized materials like gallium arsenide and the utilization rates of the company's fabrication facilities. Economic downturns can rapidly reduce demand for consumer electronics, while geopolitical tensions, particularly involving China, can disrupt both supply chains and end-market demand. The company's heavy dependence on Apple also means that changes in iPhone design or Apple's supplier strategy can significantly impact Skyworks' financial performance.
Competitive moat
Skyworks possesses a moderate but meaningful competitive moat built on several key factors. The company's primary advantage lies in its technological expertise in high-frequency analog design and advanced materials science, particularly in gallium arsenide processing and BAW filter technology. These capabilities require years of specialized knowledge accumulation and significant R&D investment, creating barriers for new entrants. The company benefits from customer switching costs, as RF components must be carefully integrated into device designs through extensive testing and certification processes. Once a Skyworks solution is designed into a product, customers face significant time and cost barriers to switching suppliers. This is particularly valuable in the mobile market, where product development cycles span 12-18 months and reliability is critical. Skyworks also enjoys scale advantages in manufacturing, as its specialized fabrication processes require substantial fixed cost investments that are more economical when spread across high volumes. The company's long-standing relationships with major customers like Apple provide both revenue stability and deep technical collaboration opportunities. However, the company's moat faces meaningful challenges. The semiconductor industry is highly competitive, with well-funded competitors like Qorvo, Broadcom, and Murata offering similar products. Customer concentration, particularly the heavy dependence on Apple, creates vulnerability to single-customer decisions. Additionally, the push toward system-on-chip integration by major semiconductor companies could potentially reduce demand for discrete RF components over time. The company's moat is solid but not impregnable, requiring continuous innovation and customer relationship management to maintain competitive positioning.
Risks & safety
Skyworks demonstrates a strong financial safety profile with minimal solvency risk: • Cash position: $1.39 billion in cash and short-term investments with minimal debt, providing substantial liquidity buffer • Debt levels: Debt-to-equity ratio of 0.20, indicating conservative capital structure with low financial risk • Cash generation: Strong free cash flow of $363 million in Q2 2025, with historically consistent cash generation above $1 billion annually • Current ratio: 4.95, indicating excellent short-term liquidity with current assets nearly 5x current liabilities Valuation metrics suggest mixed signals: • P/E ratio: 37.0x based on recent earnings, elevated due to cyclical earnings trough • EV/EBITDA: 11.2x, reasonable for a technology company but reflects current margin compression • Price-to-book: 1.71x, modest premium to book value Other considerations: The company faces near-term revenue headwinds from reduced Apple content (20-25% reduction expected), but maintains strong balance sheet flexibility and has historically navigated technology cycles successfully. Customer concentration risk remains the primary concern for long-term stability.
Recent development
Skyworks has undergone significant strategic evolution over the past few years, marked by both operational challenges and leadership transitions. The most notable recent development was the CEO transition in February 2025, with Philip Brace replacing longtime leader Liam Griffin, signaling a new strategic direction for the company. The company has faced a major strategic challenge with its largest customer, Apple, implementing dual-sourcing strategies that resulted in an expected 20-25% content reduction starting in Q4 2025. This development has accelerated Skyworks' diversification efforts beyond mobile, with increased focus on the Broad Markets segment. The company has achieved notable success in securing design wins for Wi-Fi 7 technology across enterprise routers, home mesh networks, and access points, positioning itself for the next generation of wireless connectivity. In the automotive sector, Skyworks has expanded its presence in cellular connectivity and power management solutions, capitalizing on the trend toward software-defined vehicles and increased vehicle electrification. The company has also made strategic investments in artificial intelligence applications, both in smartphones and edge computing devices, recognizing AI as a driver of increased RF complexity and content opportunities. Operationally, the company has focused on manufacturing efficiency improvements and cost reduction initiatives to maintain margins during cyclical downturns. Recent organizational changes include new leadership in sales and marketing, with Todd Lepinski succeeding Carlos Bori, and CFO transition with Mark Dentinger succeeding Kris Sennesael. These changes reflect the company's preparation for its next growth phase beyond the current mobile market challenges.
SWKS company profile · for informational purposes only — not investment advice.
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