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Other financials

Income statement

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Revenue$934.8M-3.1%
Gross profit$375.0M-6.5%
Operating income$48.5M-56.1%
Net income$33.9M-67.7%
EPS (diluted)$0.22-68.6%

Balance sheet

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Cash & equivalents$790.0M-33.4%
Total debt$681.1M-43.6%
Total equity$5.7B+1.5%
Total assets$7.4B-3.8%

Cash flow

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Operating cash flow$70.4M-77.6%
CapEx$87.1M+41.6%
Free cash flow$339.0M+0.2%

Valuation

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Market cap$10.08B+0.6%
Enterprise value$9.97B-0.7%
P/E34.8×+9.5×
P/S2.5×0.0×

Profitability

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Gross margin40.7%-0.8pp
Operating margin7.6%-3.6pp
Net margin7.2%-2.6pp
FCF margin27.3%-3.7pp

Returns & leverage

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Return on equity5.1%-1.5pp
Debt / equity0.1×-0.1×
Current ratio3.1×+0.7×

Where this comes from

Reported directly by Skyworks Solutions in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: Skyworks Solutions’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 4:48 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q3 2026
Accession
0000004127-26-000049
Line itemThree Months Ended / July 3, 2026Three Months Ended / June 27, 2025Nine Months Ended / July 3, 2026Nine Months Ended / June 27, 2025
Cost of goods sold559.8564.01,726.31,752.1
Gross profit375.0401.01,187.61,234.6
Operating expenses:
Research and development207.8199.4623.5562.4
Selling, general, and administrative98.789.3326.8259.9
Amortization of intangibles0.20.20.70.7
Restructuring, impairment, and other charges19.81.542.222.6
Total operating expenses326.5290.4993.2845.6

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED).

FAQ

What is Skyworks Solutions's R&D?
Skyworks Solutions (SWKS) reported R&D of $207.8M in Q2 2026.
How has Skyworks Solutions's R&D changed year-over-year?
Skyworks Solutions's R&D increased by 4.2% year-over-year, from $199.4M to $207.8M.
What is the long-term trend for Skyworks Solutions's R&D?
Over 4 years (2021 to 2025), Skyworks Solutions's R&D has grown at a 10.2% compound annual growth rate (CAGR), from $532.3M to $785.4M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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