Skyworks Solutions, Inc. (SWKS) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Sales/Revenue | 943.7M | 1.04B | 1.1B | 965M | 953.2M | 1.07B | 1.02B | 905.5M | 1.05B | 1.2B | 1.22B | 1.07B | 1.15B | 1.33B | 1.41B | 1.23B | 1.34B | 1.51B | 1.31B | 1.12B |
| Revenue Growth % | -1% | -3.1% | 7.34% | 6.57% | -8.87% | -11.07% | -15.9% | -15.47% | -9.29% | -9.61% | -13.37% | -13.09% | -13.66% | -11.99% | 7.32% | 10.41% | 13.98% | 0.03% | 37.01% | 51.52% |
| Cost of Goods Sold | 558.4M | 608.2M | 652.7M | 564M | 561.6M | 626.6M | 595.2M | 541.4M | 625.7M | 694.9M | 740.7M | 607.1M | 625.7M | 691.6M | 738.3M | 649.3M | 698M | 795.7M | 697.2M | 557.8M |
| COGS % of Revenue | 59.17% | 58.74% | 59.33% | 58.45% | 58.92% | 58.64% | 58.07% | 59.79% | 59.82% | 57.84% | 60.77% | 56.67% | 54.26% | 52.03% | 52.48% | 52.68% | 52.26% | 52.68% | 53.18% | 49.96% |
| Gross Profit | 385.3M | 427.2M | 447.5M | 401M | 391.6M | 441.9M | 429.8M | 364.1M | 420.3M | 506.6M | 478.1M | 464.1M | 527.4M | 637.7M | 668.6M | 583.3M | 637.6M | 714.7M | 613.7M | 558.6M |
| Gross Margin % | 40.83% | 41.26% | 40.67% | 41.55% | 41.08% | 41.36% | 41.93% | 40.21% | 40.18% | 42.16% | 39.23% | 43.33% | 45.74% | 47.97% | 47.52% | 47.32% | 47.74% | 47.32% | 46.82% | 50.04% |
| Gross Profit Growth % | -1.61% | -3.33% | 4.12% | 10.13% | -6.83% | -12.77% | -10.1% | -21.55% | -20.31% | -20.56% | -28.49% | -20.44% | -17.28% | -10.77% | 8.95% | 4.42% | 10.24% | -6.17% | 33.73% | 67.2% |
| Operating Expenses | 343.2M | 311.8M | 336.5M | 290.4M | 294.3M | 260.8M | 370.4M | 233.7M | 231.1M | 248.3M | 224.1M | 233.4M | 254.1M | 270.7M | 280.5M | 257.5M | 270.3M | 268.8M | 286.2M | 218.8M |
| OpEx % of Revenue | 36.37% | 30.11% | 30.59% | 30.09% | 30.87% | 24.41% | 36.14% | 25.81% | 22.09% | 20.67% | 18.39% | 21.79% | 22.04% | 20.36% | 19.94% | 20.89% | 20.24% | 17.8% | 21.83% | 19.6% |
| Selling, General & Admin | 119.7M | 108.4M | 111.6M | 89.3M | 88M | 82.6M | 74.1M | 71.2M | 76.8M | 78.8M | 73.3M | 77.2M | 79M | 84.5M | 87.7M | 77M | 83M | 82M | 100.5M | 85.1M |
| SG&A % of Revenue | 12.68% | 10.47% | 10.14% | 9.25% | 9.23% | 7.73% | 7.23% | 7.86% | 7.34% | 6.56% | 6.01% | 7.21% | 6.85% | 6.36% | 6.23% | 6.25% | 6.21% | 5.43% | 7.67% | 7.62% |
| Research & Development | 212.4M | 203.4M | 223.1M | 199.4M | 186.5M | 176.4M | 163.6M | 160.7M | 154.4M | 153.1M | 146.8M | 148M | 148.2M | 163.9M | 149.5M | 156.5M | 160.7M | 151.1M | 149.2M | 130.8M |
| R&D % of Revenue | 22.51% | 19.64% | 20.28% | 20.66% | 19.57% | 16.51% | 15.96% | 17.75% | 14.76% | 12.74% | 12.04% | 13.82% | 12.85% | 12.33% | 10.63% | 12.7% | 12.03% | 10% | 11.38% | 11.72% |
| Other Operating Expenses | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -100K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 42.1M | 115.2M | 111M | 110.6M | 97.3M | 181.1M | 59.4M | 130.4M | 189.2M | 258.3M | 254M | 230.7M | 273.3M | 367M | 388.1M | 325.8M | 367.3M | 445.9M | 327.5M | 339.8M |
| Operating Margin % | 4.46% | 11.13% | 10.09% | 11.46% | 10.21% | 16.95% | 5.8% | 14.4% | 18.09% | 21.5% | 20.84% | 21.54% | 23.7% | 27.61% | 27.59% | 26.43% | 27.5% | 29.52% | 24.98% | 30.44% |
| Operating Income Growth % | -56.73% | -36.39% | 86.87% | -15.18% | -48.57% | -29.89% | -76.61% | -43.48% | -30.77% | -29.62% | -34.55% | -29.19% | -25.59% | -17.69% | 18.5% | -4.12% | -1.97% | -21.87% | 22.38% | 130.37% |
| EBITDA | 154.5M | 232.6M | 227.9M | 226.5M | 211.5M | 297.1M | 174.8M | 242.7M | 300M | 371.1M | 397.2M | 379.4M | 423.7M | 538.4M | 569.5M | 488.6M | 531.7M | 627.4M | 497.5M | 430.8M |
| EBITDA Margin % | 16.37% | 22.46% | 20.71% | 23.47% | 22.19% | 27.81% | 17.05% | 26.8% | 28.68% | 30.89% | 32.59% | 35.42% | 36.74% | 40.5% | 40.48% | 39.64% | 39.81% | 41.54% | 37.95% | 38.59% |
| EBITDA Growth % | -26.95% | -21.71% | 30.38% | -6.67% | -29.5% | -19.94% | -55.99% | -36.03% | -29.2% | -31.07% | -30.25% | -22.35% | -20.31% | -14.19% | 14.47% | 13.42% | 14.59% | -4.52% | 38.85% | 80.93% |
| D&A (Non-Cash Add-back) | 112.4M | 117.4M | 116.9M | 115.9M | 114.2M | 116M | 115.4M | 112.3M | 110.8M | 112.8M | 143.2M | 148.7M | 150.4M | 171.4M | 181.4M | 162.8M | 164.4M | 181.5M | 170M | 91M |
| EBIT | 31.3M | 116M | 128.9M | 118.6M | 109.2M | 197.2M | 65.3M | 140M | 200M | 261.7M | 258.6M | 238.3M | 278.7M | 367.6M | 386.5M | 325.4M | 365.5M | 447.1M | 327M | 338.8M |
| Net Interest Income | -7.5M | -6.3M | -6.9M | -6.6M | -6.8M | -6.8M | -6.9M | -6.6M | -7.1M | -10M | -12.4M | -16.2M | -18.9M | -16.9M | -14.3M | -11.3M | -11.4M | -11M | -10.7M | -2.3M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 100K | 300K |
| Interest Expense | 7.5M | 6.3M | 6.9M | 6.6M | 6.8M | 6.8M | 6.9M | 6.6M | 7.1M | 10M | 12.4M | 16.2M | 18.9M | 16.9M | 14.3M | 11.3M | 11.4M | 11M | 10.8M | 2.6M |
| Other Income/Expense | 3.3M | -5.5M | 11M | 1.4M | 5.1M | 9.3M | -1M | 3M | 3.7M | -6.6M | -7.8M | -8.6M | -13.5M | -16.3M | -15.9M | -11.7M | -13.2M | -9.8M | -11.3M | -3.6M |
| Pretax Income | 45.4M | 109.7M | 122M | 112M | 102.4M | 190.4M | 58.4M | 133.4M | 192.9M | 251.7M | 246.2M | 222.1M | 259.8M | 350.7M | 372.2M | 314.1M | 354.1M | 436.1M | 316.2M | 336.2M |
| Pretax Margin % | 4.81% | 10.59% | 11.09% | 11.61% | 10.74% | 17.82% | 5.7% | 14.73% | 18.44% | 20.95% | 20.2% | 20.73% | 22.53% | 26.38% | 26.46% | 25.48% | 26.51% | 28.87% | 24.12% | 30.11% |
| Income Tax | 9.8M | 30.5M | -19.4M | 7M | 33.7M | 28.4M | -2.1M | 12.5M | 9.6M | 20.4M | 1.4M | 26.3M | 27M | 41.3M | 70M | 46.8M | 48.3M | 36.2M | -10.1M | -1.6M |
| Effective Tax Rate % | 21.59% | 27.8% | -15.9% | 6.25% | 32.91% | 14.92% | -3.6% | 9.37% | 4.98% | 8.1% | 0.57% | 11.84% | 10.39% | 11.78% | 18.81% | 14.9% | 13.64% | 8.3% | -3.19% | -0.48% |
| Net Income | 35.6M | 79.2M | 141.4M | 105M | 68.7M | 162M | 60.5M | 120.9M | 183.3M | 231.3M | 244.8M | 195.8M | 232.8M | 309.4M | 302.2M | 267.3M | 305.8M | 399.9M | 326.3M | 337.8M |
| Net Margin % | 3.77% | 7.65% | 12.85% | 10.88% | 7.21% | 15.16% | 5.9% | 13.35% | 17.52% | 19.25% | 20.09% | 18.28% | 20.19% | 23.28% | 21.48% | 21.69% | 22.9% | 26.48% | 24.89% | 30.26% |
| Net Income Growth % | -48.18% | -51.11% | 133.72% | -13.15% | -62.52% | -29.96% | -75.29% | -38.25% | -21.26% | -25.24% | -18.99% | -26.75% | -23.87% | -22.63% | -7.39% | -20.87% | -5.91% | -21.48% | 32.16% | 160.45% |
| Net Income (Continuing) | 35.6M | 79.2M | 141.4M | 105M | 68.7M | 162M | 60.5M | 120.9M | 183.3M | 231.3M | 244.8M | 195.8M | 232.8M | 309.4M | 302.2M | 267.3M | 305.8M | 399.9M | 326.3M | 337.8M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.24 | 0.53 | 0.94 | 0.70 | 0.43 | 1.00 | 0.37 | 0.75 | 1.14 | 1.44 | 1.53 | 1.22 | 1.46 | 1.93 | 1.88 | 1.66 | 1.86 | 2.40 | 1.95 | 2.02 |
| EPS Growth % | -44.19% | -47% | 154.05% | -6.67% | -62.28% | -30.56% | -75.82% | -38.52% | -21.92% | -25.39% | -18.62% | -26.51% | -21.51% | -19.58% | -3.59% | -17.82% | -4.62% | -21.31% | 33.56% | 162.34% |
| EPS (Basic) | 0.24 | 0.53 | 0.95 | 0.70 | 0.43 | 1.01 | 0.38 | 0.75 | 1.14 | 1.45 | 1.54 | 1.23 | 1.46 | 1.94 | 1.88 | 1.66 | 1.87 | 2.42 | 1.97 | 2.05 |
| Diluted Shares Outstanding | 150.6M | 150.5M | 155.1M | 150.3M | 158.8M | 161.4M | 161.5M | 161.4M | 161.4M | 161M | 160.5M | 160M | 159.9M | 160.2M | 161.1M | 161.5M | 164.4M | 166.4M | 167.3M | 167M |
| Basic Shares Outstanding | 150.3M | 149.5M | 154.4M | 150M | 158.5M | 160.4M | 160.1M | 160.4M | 160.4M | 159.9M | 159.4M | 159.2M | 159.1M | 159.8M | 160.4M | 160.9M | 163.7M | 165.1M | 165.2M | 165.1M |
| Dividend Payout Ratio | 300% | 134.34% | 74.68% | 98.95% | 160.99% | 69.44% | 185.12% | 90.24% | 59.52% | 47.08% | 44.32% | 50.41% | 42.35% | 32.13% | 32.89% | 33.67% | 29.82% | 23.13% | 28.35% | 24.42% |