NASDAQ : SWKS
Skyworks Solutions, Inc. — Financial statements
Technology · Semiconductors · United States
Last price 89.43 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 13.46B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Skyworks Solutions, Inc. (SWKS) reported revenue of 4.01B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year November - October; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 4.01B | 4.09B | 4.18B | 4.77B | 5.49B | 5.11B |
| Cost of Revenue | 2.38B | 2.40B | 2.46B | 2.67B | 2.88B | 2.60B |
| Gross Profit | 1.64B | 1.68B | 1.72B | 2.11B | 2.60B | 2.51B |
| Selling, General & Admin | 370.80M | 371.50M | 300.80M | 314.00M | 329.80M | 322.50M |
| Research & Development | 846.60M | 785.50M | 631.70M | 606.80M | 617.90M | 532.30M |
| Amortization of Goodwill & Intangibles | 900.00K | 900.00K | 900.00K | 33.20M | 98.90M | 36.00M |
| Operating Expenses | 1.22B | 1.17B | 933.40M | 954.00M | 1.05B | 890.80M |
| Operating Income | 416.80M | 511.70M | 787.40M | 1.15B | 1.56B | 1.62B |
| Interest Expense | -26.70M | -27.10M | -30.70M | -64.40M | -47.90M | -13.40M |
| Other Non Operating Income (Expenses) | 47.20M | 53.80M | 29.70M | 18.20M | -2.50M | -600.00K |
| EBT Excluding Unusual Items | 437.30M | 538.40M | 786.40M | 1.11B | 1.51B | 1.61B |
| Merger & Restructuring Charges | -111.40M | -11.70M | -2.10M | 48.50M | -10.00M | -1.80M |
| Gain (Loss) on Sale of Assets | -12.30M | |||||
| Asset Writedown | -147.90M | -64.50M | -20.70M | -7.10M | ||
| Pretax Income | 325.90M | 526.70M | 636.40M | 1.08B | 1.48B | 1.60B |
| Income Tax Expense | 35.80M | 49.60M | 40.40M | 96.00M | 201.40M | 100.40M |
| Net Income | 290.10M | 477.10M | 596.00M | 982.80M | 1.28B | 1.50B |
| Net Income to Common | 290.10M | 477.10M | 596.00M | 982.80M | 1.28B | 1.50B |
| Shares Outstanding (Basic) | 149.75M | 154.40M | 160.10M | 159.40M | 162.40M | 165.20M |
| Shares Outstanding (Diluted) | 150.53M | 155.10M | 161.50M | 160.30M | 163.30M | 167.00M |
| EPS (Basic) | 1.94 | 3.09 | 3.72 | 6.17 | 7.85 | 9.07 |
| EPS (Diluted) | 1.93 | 3.08 | 3.69 | 6.13 | 7.81 | 8.97 |
| Free Cash Flow | 434.20M | 1.11B | 1.67B | 1.65B | 935.20M | 1.13B |
| Free Cash Flow Per Share | 2.88 | 7.13 | 10.33 | 10.27 | 5.73 | 6.79 |
| Dividend Per Share | 2.84 | 2.81 | 2.74 | 2.54 | 2.30 | 2.06 |
| Gross Margin | 40.73% | 41.16% | 41.19% | 44.16% | 47.48% | 49.18% |
| Operating Margin | 10.38% | 12.52% | 18.85% | 24.17% | 28.40% | 31.74% |
| Profit Margin | 7.23% | 11.67% | 14.27% | 20.59% | 23.25% | 29.33% |
| Free Cash Flow Margin | 10.82% | 27.06% | 39.92% | 34.49% | 17.05% | 22.20% |
| EBITDA | 880.20M | 974.70M | 1.24B | 1.77B | 2.25B | 2.06B |
| EBITDA Margin | 21.93% | 23.85% | 29.65% | 37.03% | 40.98% | 40.29% |
| D&A For EBITDA | 463.40M | 463.00M | 451.30M | 613.70M | 690.10M | 436.70M |
| EBIT | 416.80M | 511.70M | 787.40M | 1.15B | 1.56B | 1.62B |
| EBIT Margin | 10.38% | 12.52% | 18.85% | 24.17% | 28.40% | 31.74% |
| Effective Tax Rate | 10.98% | 9.42% | 6.35% | 8.90% | 13.64% | 6.28% |
Balance sheet
Fiscal year November - October; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 790.00M | 1.16B | 1.37B | 718.80M | 566.00M | 882.90M |
| Short-Term Investments | 9.20M | 212.90M | 194.10M | 15.60M | 20.30M | 137.20M |
| Cash & Short-Term Investments | 799.20M | 1.37B | 1.56B | 734.40M | 586.30M | 1.02B |
| Receivables | 348.20M | 598.10M | 508.80M | 864.30M | 1.09B | 756.20M |
| Inventory | 1.02B | 754.70M | 784.80M | 1.12B | 1.21B | 885.00M |
| Prepaid Expenses | 242.70M | 201.00M | 234.80M | 306.00M | 242.30M | 106.70M |
| Other Current Assets | 305.30M | 149.00M | 249.90M | 155.10M | 95.20M | 97.40M |
| Total Current Assets | 2.71B | 3.08B | 3.34B | 3.18B | 3.23B | 2.87B |
| Property, Plant & Equipment | 1.38B | 1.39B | 1.47B | 1.60B | 1.83B | 1.67B |
| Long-Term Investments | 14.60M | 14.20M | 11.40M | 4.10M | 500.00K | 7.10M |
| Goodwill | 2.18B | 2.18B | 2.18B | 2.18B | 2.18B | 2.18B |
| Other Intangible Assets | 678.80M | 809.00M | 900.50M | 1.22B | 1.44B | 1.70B |
| Long-Term Deferred Tax Assets | 368.10M | 375.60M | 303.50M | 192.30M | 52.70M | 119.50M |
| Other Long-Term Assets | 95.50M | 77.50M | 78.30M | 56.50M | 141.50M | 55.70M |
| Total Assets | 7.42B | 7.92B | 8.28B | 8.43B | 8.87B | 8.59B |
| Accounts Payable | 268.60M | 236.00M | 171.80M | 159.20M | 274.20M | 236.00M |
| Accrued Expenses | 173.40M | 180.70M | 127.90M | 94.30M | 114.30M | 135.30M |
| Current Portion of Long-Term Debt | 499.40M | 299.40M | 499.20M | |||
| Current Portion of Leases | 36.30M | 36.80M | 20.20M | 28.30M | 18.50M | 33.00M |
| Current Income Taxes Payable | 68.70M | 71.30M | 52.50M | 58.80M | 48.80M | 88.60M |
| Current Unearned Revenue | 238.60M | 202.80M | 192.20M | 270.90M | 226.90M | 119.70M |
| Other Current Liabilities | 88.70M | 96.20M | 38.10M | 44.80M | 45.00M | 45.90M |
| Total Current Liabilities | 874.30M | 1.32B | 602.70M | 955.70M | 1.23B | 658.50M |
| Long-Term Debt | 496.90M | 496.40M | 994.30M | 992.90M | 1.69B | 2.24B |
| Long-Term Leases | 147.90M | 170.50M | 185.90M | 188.70M | 206.90M | 144.50M |
| Other Long-Term Liabilities | 167.60M | 169.80M | 163.70M | 206.70M | 281.10M | 255.00M |
| Total Liabilities | 1.69B | 2.16B | 1.95B | 2.34B | 3.40B | 3.29B |
| Common Stock | 37.60M | 37.20M | 40.00M | 39.90M | 40.00M | 41.30M |
| Additional Paid-In Capital | 220.60M | 68.10M | 269.40M | 172.40M | 11.90M | 79.60M |
| Retained Earnings | 5.49B | 5.66B | 6.03B | 5.88B | 5.42B | 5.19B |
| Treasury Stock | -1.70M | |||||
| Comprehensive Income & Other | -5.40M | -5.10M | -5.60M | -5.60M | -4.80M | -7.90M |
| Shareholders' Equity | 5.74B | 5.76B | 6.34B | 6.08B | 5.47B | 5.30B |
| Total Liabilities & Equity | 7.42B | 7.92B | 8.28B | 8.43B | 8.87B | 8.59B |
| Total Debt | 681.10M | 1.20B | 1.20B | 1.51B | 2.41B | 2.41B |
| Net Cash (Debt) | 132.70M | 185.30M | 373.70M | -770.80M | -1.83B | -1.39B |
| Net Cash Per Share | 0.88 | 1.19 | 2.31 | -4.81 | -11.19 | -8.30 |
| Filing Date Shares Outstanding | 150.47M | 148.68M | 159.92M | 159.95M | 160.16M | 165.39M |
| Total Common Shares Outstanding | 150.50M | 148.70M | 159.90M | 159.50M | 160.20M | 165.30M |
| Working Capital | 1.84B | 1.75B | 2.74B | 2.22B | 2.00B | 2.21B |
| Book Value Per Share | 38.13 | 38.72 | 39.63 | 38.14 | 34.14 | 32.05 |
| Tangible Book Value | 2.88B | 2.77B | 3.26B | 2.68B | 1.85B | 1.42B |
| Tangible Book Value Per Share | 19.15 | 18.64 | 20.38 | 16.83 | 11.53 | 8.60 |
| Land | 11.90M | 11.90M | 11.90M | 11.80M | 11.90M | 11.90M |
| Buildings | 673.30M | 649.00M | 610.20M | 588.20M | 555.60M | 470.70M |
| Machinery | 3.62B | 3.56B | 3.50B | 3.46B | 3.39B | 3.05B |
| Construction In Progress | 134.30M | 86.70M | 88.70M | 107.60M | 157.20M | 177.00M |
Cash flow statement
Fiscal year November - October; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 290.10M | 477.10M | 596.00M | 982.80M | 1.28B | 1.50B |
| Depreciation & Amortization | 463.40M | 463.00M | 451.30M | 613.70M | 690.10M | 436.70M |
| Other Amortization | 1.80M | 1.90M | 2.50M | 4.00M | 4.00M | 1.10M |
| Asset Writedown & Restructuring Costs | 147.90M | 64.50M | 20.70M | 7.10M | ||
| Stock-Based Compensation | 232.40M | 232.40M | 180.30M | 185.10M | 195.20M | 191.90M |
| Other Operating Activities | -77.80M | -66.80M | -117.20M | -154.70M | 66.90M | -59.30M |
| Change in Accounts Receivable | 48.10M | -89.30M | 355.40M | 229.80M | -337.80M | -397.70M |
| Change in Inventory | -311.50M | 41.80M | 330.40M | 90.80M | -337.30M | -41.20M |
| Change in Accounts Payable | 64.50M | 67.10M | 10.40M | -87.10M | 31.30M | 59.60M |
| Change in Other Net Operating Assets | 5.20M | 173.60M | -132.30M | -72.50M | -183.70M | 75.50M |
| Operating Cash Flow | 716.20M | 1.30B | 1.82B | 1.86B | 1.42B | 1.77B |
| Capital Expenditures | -282.00M | -195.00M | -157.00M | -210.30M | -489.40M | -637.80M |
| Cash Acquisitions | -2.75B | |||||
| Sale (Purchase) of Intangibles | -25.60M | -29.90M | -26.10M | -25.80M | -20.30M | -14.30M |
| Investment in Securities | 130.90M | -15.20M | -184.40M | 5.20M | 123.10M | 269.90M |
| Other Investing Activities | 7.20M | 6.10M | 11.60M | 6.50M | 7.70M | |
| Investing Cash Flow | -169.50M | -234.00M | -355.90M | -224.40M | -378.90M | -3.13B |
| Long-Term Debt Issued | 2.49B | |||||
| Long-Term Debt Repaid | -300.00M | -900.00M | -50.00M | -250.00M | ||
| Net Debt Issued (Repaid) | -500.00M | -300.00M | -900.00M | -50.00M | 2.24B | |
| Issuance of Common Stock | 34.30M | 33.10M | 33.70M | 37.20M | 35.80M | 36.40M |
| Repurchase of Common Stock | -50.10M | -874.60M | -113.60M | -211.20M | -975.30M | -250.80M |
| Common Dividends Paid | -425.70M | -432.60M | -439.10M | -405.20M | -373.10M | -340.60M |
| Other Financing Activities | -1.10M | -5.80M | ||||
| Financing Cash Flow | -942.60M | -1.27B | -819.00M | -1.48B | -1.36B | 1.68B |
| Net Cash Flow | -395.90M | -207.30M | 649.80M | 152.80M | -316.90M | 316.20M |
| Free Cash Flow | 434.20M | 1.11B | 1.67B | 1.65B | 935.20M | 1.13B |
| Free Cash Flow Margin | 10.82% | 27.06% | 39.92% | 34.49% | 17.05% | 22.20% |
| Free Cash Flow Per Share | 2.88 | 7.13 | 10.33 | 10.27 | 5.73 | 6.79 |
| Levered Free Cash Flow | 448.81M | 1.06B | 1.55B | 1.36B | 608.62M | 685.52M |
| Unlevered Free Cash Flow | 463.70M | 1.07B | 1.56B | 1.40B | 634.56M | 692.80M |
| Cash Interest Paid | 25.40M | 25.40M | 28.30M | 62.30M | 44.40M | 2.20M |
| Cash Income Tax Paid | 136.80M | 147.10M | 181.20M | 228.90M | 230.00M | 184.00M |
| Change in Working Capital | -193.70M | 193.20M | 563.90M | 161.00M | -827.50M | -303.80M |
Ratios
Fiscal year November - October; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 13.18B | 11.44B | 15.79B | 15.71B | 13.68B | 27.06B |
| Enterprise Value | 13.05B | 11.31B | 15.70B | 16.69B | 15.42B | 25.74B |
| Last Close Price | 87.58 | 74.68 | 92.19 | 89.45 | 75.47 | 142.35 |
| PE Ratio | 45.27 | 23.99 | 26.49 | 15.99 | 10.73 | 18.06 |
| Forward PE | 15.86 | 17.34 | 16.28 | 11.66 | 7.48 | 15.06 |
| PS Ratio | 3.28 | 2.80 | 3.78 | 3.29 | 2.49 | 5.30 |
| PB Ratio | 2.30 | 1.99 | 2.49 | 2.58 | 2.50 | 5.11 |
| P/TBV Ratio | 4.57 | 4.13 | 4.84 | 5.86 | 7.41 | 19.03 |
| P/FCF Ratio | 30.35 | 10.35 | 9.47 | 9.55 | 14.63 | 23.86 |
| P/OCF Ratio | 18.40 | 8.80 | 8.65 | 8.46 | 9.60 | 15.27 |
| PEG Ratio | 1.60 | 5.63 | 1.68 | 1.58 | 0.68 | 0.56 |
| EV/Sales Ratio | 3.25 | 2.77 | 3.76 | 3.50 | 2.81 | 5.04 |
| EV/EBITDA Ratio | 14.82 | 11.61 | 12.68 | 9.44 | 6.86 | 12.51 |
| EV/EBIT Ratio | 31.30 | 22.11 | 19.95 | 14.47 | 9.90 | 15.88 |
| EV/FCF Ratio | 30.05 | 10.23 | 9.42 | 10.14 | 16.49 | 22.70 |
| Debt / Equity Ratio | 0.12 | 0.21 | 0.19 | 0.25 | 0.44 | 0.46 |
| Debt / EBITDA Ratio | 0.73 | 1.17 | 0.93 | 0.83 | 1.05 | 1.15 |
| Debt / FCF Ratio | 1.57 | 1.09 | 0.72 | 0.92 | 2.58 | 2.13 |
| Net Debt / Equity Ratio | -0.02 | -0.03 | -0.06 | 0.13 | 0.33 | 0.26 |
| Net Debt / EBITDA Ratio | -0.15 | -0.19 | -0.30 | 0.44 | 0.81 | 0.67 |
| Net Debt / FCF Ratio | -0.31 | -0.17 | -0.22 | 0.47 | 1.95 | 1.22 |
| Asset Turnover | 0.53 | 0.51 | 0.50 | 0.55 | 0.63 | 0.75 |
| Inventory Turnover | 2.76 | 3.12 | 2.58 | 2.29 | 2.75 | 3.07 |
| Quick Ratio | 1.31 | 1.49 | 3.44 | 1.67 | 1.37 | 2.70 |
| Current Ratio | 3.10 | 2.33 | 5.54 | 3.33 | 2.63 | 4.35 |
| Return on Equity (ROE) | 5.09% | 7.89% | 9.60% | 17.02% | 23.69% | 31.67% |
| Return on Assets (ROA) | 3.44% | 3.95% | 5.89% | 8.33% | 11.15% | 14.80% |
| Return on Invested Capital (ROIC) | 6.65% | 8.02% | 11.49% | 14.85% | 19.23% | 30.22% |
| Return on Capital Employed (ROCE) | 6.40% | 7.80% | 10.30% | 15.40% | 20.40% | 20.40% |
| Earnings Yield | 2.21% | 4.17% | 3.77% | 6.25% | 9.32% | 5.54% |
| FCF Yield | 3.29% | 9.66% | 10.56% | 10.47% | 6.84% | 4.19% |
| Dividend Yield | 2.43% | 3.65% | 2.77% | 2.58% | 2.69% | 1.26% |
| Payout Ratio | 110.09% | 90.67% | 73.67% | 41.23% | 29.26% | 22.73% |
| Buyback Yield / Dilution | 4.81% | 3.96% | -0.75% | 1.84% | 2.22% | 1.71% |
| Total Shareholder Return | 7.24% | 7.61% | 2.03% | 4.42% | 4.91% | 2.96% |