Q2 26 EPS
$1.15
BEAT +10.10%
Est. $1.04
Q2 26 Revenue
$943.7M
BEAT +4.65%
Est. $901.8M
vs S&P Since Q2 26
+3.5%
BEATING MARKET
SWKS +3.4% vs S&P -0.1%
Market Reaction
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… Read more 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
SWKS 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, source: SEC Filings
“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.”
— Phil Brace, Q2 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% |