SKYWORKS SOLUTIONS, INC. SWKS
Skyworks Solutions, Inc., together with its consolidated subsidiaries ("Skyworks" or the "Company"), 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.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- United States
- Taiwan
- China
- South Korea
- Europe, Middle East, and Africa
- Other
| Region | FY2025 | FY2024 |
|---|---|---|
| United States | $3.16B | $3.20B |
| Taiwan | $259.1M | $317.5M |
| China | $254.2M | $303.4M |
| South Korea | $190.1M | $203.9M |
| Europe, Middle East, and Africa | $185.8M | $114.5M |
| Other | $40.6M | $36.5M |
As the company reported it, from the “Segment Information And Concentrations, Disaggregation of Revenue (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.09B | $4.18B | $4.77B | $5.49B | $5.11B | $3.36B | $3.38B | $3.87B | $3.65B | $3.29B |
| Cost of revenue | $2.40B | $2.46B | $2.67B | $2.88B | $2.60B | $1.74B | $1.77B | $1.92B | $1.81B | $1.62B |
| Gross profit | $1.68B | $1.72B | $2.11B | $2.60B | $2.51B | $1.61B | $1.60B | $1.95B | $1.84B | $1.67B |
| R&D | $785.5M | $631.7M | $606.8M | $617.9M | $532.3M | $464.1M | $424.1M | $404.5M | $355.2M | $312.4M |
| SG&A | $371.5M | $300.8M | $314.0M | $329.8M | $322.5M | $231.4M | $198.3M | $207.8M | $204.6M | $195.9M |
| Total operating expenses | $1.18B | $1.08B | $982.3M | $1.08B | $899.7M | $721.1M | $651.8M | $631.4M | $588.0M | $546.5M |
| Operating income | $500.0M | $637.4M | $1.12B | $1.53B | $1.61B | $891.8M | $952.0M | $1.32B | $1.25B | $1.12B |
| Interest expense | $27.1M | $30.7M | $64.4M | $47.9M | $13.4M | $0 | $0 | — | — | — |
| Pre-tax income | $526.7M | $636.4M | $1.08B | $1.48B | $1.60B | $891.7M | $961.0M | $1.33B | $1.26B | $1.20B |
| Income tax | $49.6M | $40.4M | $96.0M | $201.4M | $100.4M | $76.9M | $107.4M | $413.7M | $246.8M | $205.4M |
| Net income | $477.1M | $596.0M | $982.8M | $1.28B | $1.50B | $814.8M | $853.6M | $918.4M | $1.01B | $995.2M |
| EPS, basic | 3.09 | 3.72 | 6.17 | 7.85 | 9.07 | 4.84 | 4.92 | 5.06 | 5.48 | 5.27 |
| EPS, diluted | 3.08 | 3.69 | 6.13 | 7.81 | 8.97 | 4.80 | 4.89 | 5.01 | 5.41 | 5.18 |
| Shares, diluted (wtd. avg.) | 155.1M | 161.5M | 160.3M | 163.3M | 167.0M | 169.9M | 174.5M | 183.2M | 186.7M | 192.1M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $1.16B | $1.37B | $718.8M | $566.0M | $882.9M | $566.7M | $851.3M | $733.3M | $1.62B | $1.08B |
| Short-term investments | $212.9M | $194.1M | $15.6M | $20.3M | $137.2M | $408.1M | $203.3M | $294.1M | $0 | — |
| Receivables | $598.1M | $508.8M | $864.3M | $1.09B | $756.2M | $358.5M | $465.3M | $655.8M | $454.7M | $416.6M |
| Inventory | $754.7M | $784.8M | $1.12B | $1.21B | $885.0M | $806.0M | $609.7M | $490.2M | $493.5M | $424.0M |
| Total current assets | $3.08B | $3.34B | $3.18B | $3.23B | $2.87B | $2.32B | $2.23B | $2.26B | $2.63B | $2.00B |
| Property, plant and equipment | $1.19B | $1.28B | $1.39B | $1.60B | $1.50B | $1.25B | $1.21B | $1.14B | $882.3M | $806.3M |
| Goodwill | $2.18B | $2.18B | $2.18B | $2.18B | $2.18B | $1.19B | $1.19B | $1.19B | $883.0M | $873.3M |
| Other intangibles | $809.0M | $900.5M | $1.22B | $1.44B | $1.70B | $53.5M | $107.9M | $143.7M | $67.8M | $67.0M |
| Total assets | $7.92B | $8.28B | $8.43B | $8.87B | $8.59B | $5.11B | $4.84B | $4.83B | $4.57B | $3.86B |
| Accounts payable | $236.0M | $171.8M | $159.2M | $274.2M | $236.0M | $226.9M | $190.5M | $229.9M | $258.4M | $110.4M |
| Short-term debt | $499.4M | $0 | $299.4M | $499.2M | $0 | — | — | — | — | — |
| Total current liabilities | $1.32B | $602.7M | $955.7M | $1.23B | $658.5M | $448.4M | $374.0M | $389.7M | $387.9M | $210.2M |
| Long-term debt | $496.4M | $994.3M | $992.9M | $1.69B | $2.24B | $0 | — | — | — | — |
| Total liabilities | $2.16B | $1.95B | $2.34B | $3.40B | $3.29B | $942.5M | $717.3M | $731.9M | $507.9M | $314.0M |
| Retained earnings | $5.66B | $6.03B | $5.88B | $5.42B | $5.19B | $4.82B | $4.31B | $3.73B | $3.06B | $2.26B |
| Total equity | $5.76B | $6.34B | $6.08B | $5.47B | $5.30B | $4.16B | $4.12B | $4.10B | $4.07B | $3.54B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.30B | $1.82B | $1.86B | $1.42B | $1.77B | $1.20B | $1.37B | $1.26B | $1.46B | $1.08B |
| Depreciation and amortisation | $278.7M | $264.8M | $387.8M | $394.4M | $332.2M | $318.3M | $314.9M | $272.5M | $227.2M | $214.4M |
| Stock-based compensation | $232.4M | $180.3M | $185.1M | $195.2M | $191.9M | $156.6M | $80.1M | $107.8M | $88.5M | $78.0M |
| Capital expenditure | $195.0M | $157.0M | $210.3M | $489.4M | $637.8M | $389.4M | $398.4M | $422.3M | $303.3M | $189.3M |
| Investing cash flow | -$234.0M | -$355.9M | -$224.4M | -$378.9M | -$3.13B | -$581.4M | -$336.9M | -$1.15B | -$325.9M | -$250.9M |
| Financing cash flow | -$1.27B | -$819.0M | -$1.48B | -$1.36B | $1.68B | -$907.7M | -$912.5M | -$993.7M | -$597.4M | -$786.6M |
| Dividends paid | $432.6M | $439.1M | $405.2M | $373.1M | $340.6M | $307.0M | $273.9M | $243.2M | $214.2M | $200.8M |
| Buybacks | $830.2M | $77.3M | $175.3M | $886.8M | $195.6M | $647.5M | $657.6M | $759.5M | $432.3M | $525.6M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000004127-26-000003.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.29B | $3.65B | $3.87B | $3.38B | $3.36B | $5.11B | $5.49B | $4.77B | $4.18B | $4.09B |
| Gross profit | $1.67B | $1.84B | $1.95B | $1.60B | $1.61B | $2.51B | $2.60B | $2.11B | $1.72B | $1.68B |
| Net income | $995.2M | $1.01B | $918.4M | $853.6M | $814.8M | $1.50B | $1.28B | $982.8M | $596.0M | $477.1M |
Recent filings and events
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
- Other event Item 8.01
- Other event Item 8.01
- Other event Item 8.01
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Other event Item 8.01
- Other event Item 8.01
- Other event Item 8.01
- Other event Item 8.01
- Other event Item 8.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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