Revenue Decline
Revenue decreased by 1.0% year-over-year to $943.7 million, indicating challenges in maintaining sales growth.
SKYWORKS SOLUTIONS, INC. is expected to release its Q3 2026 10-Q filing in the upcoming earnings season. Last quarter: SWKS reported a challenging Q2 FY2026 with declines in revenue, operating income, and net income, highlighting increased R&D and SG&A expenses impacting profitability.
Drawn from management commentary in the Q2 2026 10-Q:
Revenue decreased by 1.0% year-over-year to $943.7 million, indicating challenges in maintaining sales growth.
R&D and SG&A expenses rose significantly by 13.9% and 36.0% respectively, impacting operating income, which fell by 56.7%.
Despite a decrease in operating cash flow, financing cash flow improved by 67.6% due to reduced share buybacks.
Revenue
$943.7M
-1.00% YoY
EPS (Basic)
$0.24
-44.19% YoY
Gross Margin
40.8%
-0.25% YoY
Operating Income
$42.1M
-56.73% YoY
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