Q1 26 EPS
$1.54
BEAT +10.08%
Est. $1.40
Q1 26 Revenue
$1.04B
BEAT +3.38%
Est. $1.00B
vs S&P Since Q1 26
+20.9%
BEATING MARKET
SWKS +27.7% vs S&P +6.9%
Market Reaction
Did SWKS Beat Earnings? Q1 2026 Results
Skyworks Solutions delivered a clean beat to open fiscal 2026, posting Q1 revenue of $1.04 billion and non-GAAP diluted EPS of $1.54, the latter clearing the $1.40 consensus by 10.08% while revenue came in 3.38% ahead of expectations. The results mar… Read more Skyworks Solutions delivered a clean beat to open fiscal 2026, posting Q1 revenue of $1.04 billion and non-GAAP diluted EPS of $1.54, the latter clearing the $1.40 consensus by 10.08% while revenue came in 3.38% ahead of expectations. The results marked the fourth consecutive quarter of beating estimates, even as revenue slipped 3.1% from a year ago, a reflection of ongoing cyclical pressures in the broader semiconductor market. The standout driver was Mobile, where healthy sell-through and solid execution pushed results above the company's own outlook, complemented by accelerating momentum in Broad Markets led by Wi-Fi 7 deployments and data center infrastructure wins. Free cash flow of $339.00 million, representing a 32.7% margin, underscored the underlying business quality, and cash on hand rose to $1.55 billion. The pending Qorvo merger, which drew 81% shareholder approval, added $37.10 million in acquisition-related charges that weighed on GAAP results. Looking ahead, Skyworks guided Q2 revenue of $875 million to $925 million, with non-GAAP EPS of $1.04 at the midpoint, reflecting typical seasonal softness in Mobile.
Key Takeaways
- • Mobile exceeded outlook on continued healthy sell-through and solid operational execution
- • Broad Markets continued to scale with accelerating growth led by Wi-Fi 7 and data center and cloud infrastructure programs
- • Fourth consecutive quarter of results above expectations across revenue, gross margin, and non-GAAP earnings
SWKS YoY Financials
Q1 2026 vs Q1 2025, source: SEC Filings
“We delivered results above our expectations for the fourth consecutive quarter, with outperformance across revenue, gross margin, and non-GAAP earnings.”
— Phil Brace, Q1 2026 Earnings Press Release
SWKS Earnings Trends
SWKS vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
SWKS EPS Trend
Earnings per share: estimate vs actual
SWKS Revenue Trend
Quarterly revenue: estimate vs actual
SWKS Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q2 26 BEAT | $1.04 | $1.15 | +10.10% | $943.7M | +4.65% |
| Q1 26 BEAT | $1.40 | $1.54 | +10.08% | $1.04B | +3.38% |
| Q4 25 BEAT FY | $1.53 | $1.76 | +15.33% | $1.10B | +5.09% |
| FY Full Year | — | $5.93 | — | $4.09B | — |
| Q3 25 BEAT | $1.24 | $1.33 | +7.01% | $965.0M | +2.56% |
| Q2 25 BEAT | $1.20 | $1.24 | +3.09% | $953.2M | +0.18% |