Companies /Technology

Skyworks Solutions Inc

NASDAQ: SWKS Semiconductors
$65.79
▼ $1.57 (−2.33%) today
Markets closed · 6:40pm ET

Q2 2026 Earnings

Reported May 5, 2026, 4:05pm ET · SEC source
$1.15
Beat +10.10%
EPS · est. $1.04
$943.7M
Beat +4.65%
Revenue · est. $901.8M
+15.3%
Beating market
SWKS vs S&P since report
6 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−15%−10%−5%0May 5May 6report 4:05pm ETearnings+1.3%−11.1%
−15%−10%−5%0May 5May 6earnings+1.3%−11.1%
SWKS −11.1%S&P 500 +1.3%
−15%−10%−5%0May 5May 6report 4:05pm ETearnings+1.9%−11.1%
−15%−10%−5%0May 5May 6earnings+1.9%−11.1%
SWKS −11.1%NASDAQ +1.9%
−10%−5%0+5%May 4May 13report 4:05pm ETearnings+2.5%−2.6%
−10%−5%0+5%May 4May 13earnings+2.5%−2.6%
SWKS −2.6%S&P 500 +2.5%
−10%−5%0+5%May 4May 13report 4:05pm ETearnings+4.8%−2.6%
−10%−5%0+5%May 4May 13earnings+4.8%−2.6%
SWKS −2.6%NASDAQ +4.8%
−10.46%
Day of report
+0.11%
Next session
+4.88%
One week
+16.01%
30 days

S&P 500 over the same 30 days: +0.73%.

Did SWKS Beat Earnings? Q2 2026 Results

Skyworks Solutions delivered a clean beat across both top and bottom lines in fiscal Q2 2026, with revenue of $943.70 million coming in 4.65% above the $901.79 million consensus estimate, even as sales slipped 1.0% from the year-ago quarter. Non-GAAP diluted EPS of $1.15 exceeded the $1.04 consensus by 10.10%, though it compared to $1.24 in the prior-year period as margin pressure weighed on profitability. The most material driver behind the upbeat quarter was a landmark multi-generational design win with a leading Android OEM, a deal expected to generate over $1.00 billion in revenue through 2030 that meaningfully broadens Skyworks' mobile revenue base and addresses long-standing customer concentration concerns. Broad Markets also contributed positively, posting double-digit year-over-year growth on the strength of Wi-Fi 7, data center timing solutions, and new automotive engagements. Looking ahead, Skyworks guided fiscal Q3 revenue of $900 million to $950 million, with non-GAAP diluted EPS of $1.03 at the midpoint, as Mobile follows seasonal patterns and Broad Markets continues its gradual expansion toward roughly 43% of sales.

Key Takeaways
  • Mobile outperformed expectations on healthy demand
  • Broad Markets delivered double-digit year-over-year growth driven by Wi-Fi, data center, and automotive
  • Exceeded high end of revenue and non-GAAP EPS guidance

“We delivered another strong quarter, reflecting consistent execution and improving momentum across our portfolio. Mobile outperformed expectations on healthy demand, while Broad Markets continues to accelerate, delivering double-digit year-over-year growth driven by Wi-Fi, data center, and automotive.”

Skyworks Solutions CEO, on the earnings call

Forward Guidance & Outlook

For the third fiscal quarter of 2026 (June quarter), Skyworks anticipates revenue of $900 million to $950 million, with non-GAAP diluted earnings per share of $1.03 at the mid-point of the revenue range. Mobile is expected to follow typical seasonal patterns, declining low-single digits sequentially, while Broad Markets is expected to grow modestly sequentially to approximately 43% of sales, up high-single-digits year-over-year.

SWKS YoY Financials

Q2 2026 vs Q2 2025 · SEC filings Q2 2025 Q2 2026
$0$300.0M$600.0M$900.0M$953.2M$943.7MRevenue$391.6M$385.3MGross Profit$97.3M$42.1MOperating Income$68.7M$35.6MNet Income
$0$300.0M$600.0M$900.0MRevenueGross ProfitOperating IncomeNet Income

Figures from SEC filings and company reports. Not investment advice.