Skyworks Solutions Inc
Q3 2025 Earnings
Market Reaction
S&P 500 over the same 30 days: +2.54%.
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 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.
- 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
“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.”
Skyworks Solutions CEO, on the earnings call
Forward Guidance & Outlook
For fiscal Q4 2025 (September quarter), Skyworks anticipates revenue of $1.00 billion to $1.03 billion, with non-GAAP diluted EPS of $1.40 at the midpoint of the revenue range. Mobile remains healthy with solid order patterns and projected sequential growth of mid-single digits. Broad Markets is on track for another quarter of sequential growth and accelerating year-over-year performance.
SWKS YoY Financials
Figures from SEC filings and company reports. Not investment advice.