Skyworks Solutions

SWKS Q3 2025 Earnings

Reported Aug 5, 2025 at 4:04 PM ET · SEC Source

Q3 25 EPS

$1.33

BEAT +7.01%

Est. $1.24

Q3 25 Revenue

$965.0M

BEAT +2.56%

Est. $940.9M

vs S&P Since Q3 25

-12.1%

TRAILING MARKET

SWKS +3.8% vs S&P +15.9%

Market Reaction

Did SWKS Beat Earnings? Q3 2025 Results

Skyworks Solutions delivered a clean beat in fiscal Q3 2025, with revenue of $965 million rising 6.6% year-over-year and non-GAAP diluted EPS of $1.33 coming in 7.01% ahead of the $1.24 consensus estimate, as renewed momentum in Mobile, anchored by 5… Read more Skyworks Solutions delivered a clean beat in fiscal Q3 2025, with revenue of $965 million rising 6.6% year-over-year and non-GAAP diluted EPS of $1.33 coming in 7.01% ahead of the $1.24 consensus estimate, as renewed momentum in Mobile, anchored by 5G content wins in premium Samsung Galaxy devices, provided the primary lift. Non-GAAP gross margin improved to 47.1% from 46.0% a year earlier, though operating expenses climbed meaningfully, with R&D spend jumping to $199.4 million from $160.7 million as the company invested in Wi-Fi 7 and AI data center clock products. Free cash flow of $252.7 million supported $330.2 million in buybacks and a 1% dividend increase to $0.71 per share quarterly. Still, the results arrive against a backdrop of investor concern over customer concentration and the company's positioning outside the AI semiconductor wave. Looking ahead, management guided fiscal Q4 revenue of $1.0 billion to $1.03 billion, with non-GAAP EPS of $1.40 at the midpoint, projecting mid-single-digit sequential Mobile growth and accelerating Broad Markets performance.

Key Takeaways

  • Revenue up 7% year-over-year driven by Mobile momentum and Broad Markets strength
  • Non-GAAP gross margin expanded to 47.1% from 46.0% year-over-year
  • Long-term growth trends in edge IoT, automotive, and data center
  • Both gross margin and non-GAAP EPS exceeded high-end of guidance
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SWKS YoY Financials

Q3 2025 vs Q3 2024, source: SEC Filings

“Skyworks delivered another strong quarter, with revenue up 7% year-over-year and both gross margin and non-GAAP EPS exceeding the high-end of our guidance.”

— Phil Brace, Q3 2025 Earnings Press Release