Skyworks Solutions

SWKS Q2 2025 Earnings

Reported May 7, 2025 at 4:03 PM ET · SEC Source

Q2 25 EPS

$1.24

BEAT +3.09%

Est. $1.20

Q2 25 Revenue

$953.2M

BEAT +0.18%

Est. $951.5M

vs S&P Since Q2 25

-13.7%

TRAILING MARKET

SWKS +16.1% vs S&P +29.8%

Market Reaction

Did SWKS Beat Earnings? Q2 2025 Results

Skyworks Solutions posted a modest but clean beat in its fiscal second quarter of 2025, delivering non-GAAP diluted EPS of $1.24 against a consensus estimate of $1.20, a 3.09% beat, while revenue of $953.20 million edged past the $951.50 million esti… Read more Skyworks Solutions posted a modest but clean beat in its fiscal second quarter of 2025, delivering non-GAAP diluted EPS of $1.24 against a consensus estimate of $1.20, a 3.09% beat, while revenue of $953.20 million edged past the $951.50 million estimate by 0.18%. The headline results came despite an 8.9% year-over-year revenue decline from $1.05 billion, with non-GAAP net income slipping to $196.80 million from $250.70 million a year ago as heavier R&D investment, rising to $186.50 million from $154.40 million, compressed the non-GAAP operating margin to 23.3% from 26.7%. The quarter's clearest bright spot was cash generation, with operating cash flow reaching $409.50 million and free cash flow hitting $371.00 million, both well ahead of year-ago levels. Design wins across Samsung, Google Pixel, and Oppo flagships, along with Wi-Fi 7 and automotive infotainment traction, underscored the company's diversification efforts. Looking ahead, Skyworks guided Q3 revenue of $920 million to $960 million with non-GAAP EPS of $1.24 at the midpoint, as Broad Markets momentum is expected to partially offset typical mobile seasonality.

Key Takeaways

  • Diversified product portfolio and disciplined execution
  • Strong free cash flow generation with 43% operating cash flow margin and 39% free cash flow margin
  • Non-GAAP gross margin expansion to 46.7% from 45.0% year-over-year
  • Strategic customer engagements across 5G, automotive, and Wi-Fi 7 markets
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SWKS YoY Financials

Q2 2025 vs Q2 2024, source: SEC Filings

“Skyworks delivered solid results this quarter, underscored by our diversified product portfolio, disciplined execution, and strategic engagements with customers.”

— Phil Brace, Q2 2025 Earnings Press Release