Stocks · Technology · Semiconductors & Related Devices

Skyworks Solutions

SWKS Clue Score53
United States Fiscal year ends October CIK 0000004127
$74.70 -2.16% Close, 12 Oct 2026
Price $74.70 −52.92% Close, 12 Oct 2026

Closing prices at the end of each trading day, from 13 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2017Revenue3,651.4Operating income1,253.8Net income1,010.2EPS, diluted5.41Fiscal year 2018Revenue3,868.0 +5.9%Operating income1,319.3Net income918.4 −9.1%EPS, diluted5.01 −7.4%Fiscal year 2019Revenue3,376.8 −12.7%Operating income952.0Net income853.6 −7.1%EPS, diluted4.89 −2.4%Fiscal year 2020Revenue3,355.7 −0.6%Operating income891.8Net income814.8 −4.5%EPS, diluted4.80 −1.8%Fiscal year 2021Revenue5,109.1 +52.3%Operating income1,612.7Net income1,498.3 +83.9%EPS, diluted8.97 +86.9%Fiscal year 2022Revenue5,485.5 +7.4%Operating income1,527.0Net income1,275.2 −14.9%EPS, diluted7.81 −12.9%Fiscal year 2023Revenue4,772.4 −13.0%Operating income1,125.0Net income982.8 −22.9%EPS, diluted6.13 −21.5%Fiscal year 2024Revenue4,178.0 −12.5%Operating income637.4Net income596.0 −39.4%EPS, diluted3.69 −39.8%Fiscal year 2025Revenue4,086.9 −2.2%Operating income500.0Net income477.1 −19.9%EPS, diluted3.08 −16.5%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 3,651.4 3,868.0 3,376.8 3,355.7 5,109.1 5,485.5 4,772.4 4,178.0 4,086.9
Growth +5.9% −12.7% −0.6% +52.3% +7.4% −13.0% −12.5% −2.2%
Operating income 1,253.8 1,319.3 952.0 891.8 1,612.7 1,527.0 1,125.0 637.4 500.0
Net income 1,010.2 918.4 853.6 814.8 1,498.3 1,275.2 982.8 596.0 477.1
Growth −9.1% −7.1% −4.5% +83.9% −14.9% −22.9% −39.4% −19.9%
EPS, diluted 5.41 5.01 4.89 4.80 8.97 7.81 6.13 3.69 3.08
Growth −7.4% −2.4% −1.8% +86.9% −12.9% −21.5% −39.8% −16.5%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2017Gross margin50.4%Operating margin34.3%Net margin27.7%Free cash flow margin31.6%Fiscal year 2018Gross margin50.4%Operating margin34.1%Net margin23.7%Free cash flow margin21.7%Fiscal year 2019Gross margin47.5%Operating margin28.2%Net margin25.3%Free cash flow margin28.7%Fiscal year 2020Gross margin48.1%Operating margin26.6%Net margin24.3%Free cash flow margin24.3%Fiscal year 2021Gross margin49.2%Operating margin31.6%Net margin29.3%Free cash flow margin22.2%Fiscal year 2022Gross margin47.5%Operating margin27.8%Net margin23.2%Free cash flow margin17.0%Fiscal year 2023Gross margin44.2%Operating margin23.6%Net margin20.6%Free cash flow margin34.5%Fiscal year 2024Gross margin41.2%Operating margin15.3%Net margin14.3%Free cash flow margin39.9%Fiscal year 2025Gross margin41.2%Operating margin12.2%Net margin11.7%Free cash flow margin27.1%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 50.4% 50.4% 47.5% 48.1% 49.2% 47.5% 44.2% 41.2% 41.2%
Operating margin 34.3% 34.1% 28.2% 26.6% 31.6% 27.8% 23.6% 15.3% 12.2%
Net margin 27.7% 23.7% 25.3% 24.3% 29.3% 23.2% 20.6% 14.3% 11.7%
Free cash flow margin 31.6% 21.7% 28.7% 24.3% 22.2% 17.0% 34.5% 39.9% 27.1%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow1,456.3Capital expenditure−303.3Free cash flow1,153.0Buybacks−432.3Dividends paid−214.2Fiscal year 2018Operating cash flow1,260.6Capital expenditure−422.3Free cash flow838.3 −27.3%Buybacks−759.5Dividends paid−243.2Fiscal year 2019Operating cash flow1,367.4Capital expenditure−398.4Free cash flow969.0 +15.6%Buybacks−657.6Dividends paid−273.9Fiscal year 2020Operating cash flow1,204.5Capital expenditure−389.4Free cash flow815.1 −15.9%Buybacks−647.5Dividends paid−307.0Fiscal year 2021Operating cash flow1,772.0Capital expenditure−637.8Free cash flow1,134.2 +39.1%Buybacks−195.6Dividends paid−340.6Fiscal year 2022Operating cash flow1,424.6Capital expenditure−489.4Free cash flow935.2 −17.5%Buybacks−886.8Dividends paid−373.1Fiscal year 2023Operating cash flow1,856.4Capital expenditure−210.3Free cash flow1,646.1 +76.0%Buybacks−175.3Dividends paid−405.2Fiscal year 2024Operating cash flow1,824.7Capital expenditure−157.0Free cash flow1,667.7 +1.3%Buybacks−77.3Dividends paid−439.1Fiscal year 2025Operating cash flow1,300.8Capital expenditure−195.0Free cash flow1,105.8 −33.7%Buybacks−830.2Dividends paid−432.6
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 1,456.3 1,260.6 1,367.4 1,204.5 1,772.0 1,424.6 1,856.4 1,824.7 1,300.8
Capital expenditure −303.3 −422.3 −398.4 −389.4 −637.8 −489.4 −210.3 −157.0 −195.0
Free cash flow 1,153.0 838.3 969.0 815.1 1,134.2 935.2 1,646.1 1,667.7 1,105.8
Growth −27.3% +15.6% −15.9% +39.1% −17.5% +76.0% +1.3% −33.7%
Buybacks −432.3 −759.5 −657.6 −647.5 −195.6 −886.8 −175.3 −77.3 −830.2
Dividends paid −214.2 −243.2 −273.9 −307.0 −340.6 −373.1 −405.2 −439.1 −432.6

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash1,616.8Shareholders’ equity4,065.7Fiscal year 2018Cash733.3Shareholders’ equity4,097.0Fiscal year 2019Cash851.3Shareholders’ equity4,122.3Fiscal year 2020Cash566.7Total debt0.0Net cash (debt)566.7Shareholders’ equity4,164.2Debt to equity0.00Fiscal year 2021Cash882.9Total debt2,235.6Net cash (debt)−1,352.7Shareholders’ equity5,297.1Debt to equity0.42Fiscal year 2022Cash566.0Total debt1,689.9Net cash (debt)−1,123.9Shareholders’ equity5,469.0Debt to equity0.31Fiscal year 2023Cash718.8Total debt992.9Net cash (debt)−274.1Shareholders’ equity6,082.7Debt to equity0.16Fiscal year 2024Cash1,368.6Total debt994.3Net cash (debt)374.3Shareholders’ equity6,336.7Debt to equity0.16Fiscal year 2025Cash1,161.3Total debt496.4Net cash (debt)664.9Shareholders’ equity5,757.1Debt to equity0.09
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 1,616.8 733.3 851.3 566.7 882.9 566.0 718.8 1,368.6 1,161.3
Total debt n/a n/a n/a 0.0 2,235.6 1,689.9 992.9 994.3 496.4
Net cash (debt) n/a n/a n/a 566.7 −1,352.7 −1,123.9 −274.1 374.3 664.9
Shareholders’ equity 4,065.7 4,097.0 4,122.3 4,164.2 5,297.1 5,469.0 6,082.7 6,336.7 5,757.1
Debt to equity n/a n/a n/a 0.00 0.42 0.31 0.16 0.16 0.09

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending October, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 29 Sep 2017 FY2018 28 Sep 2018 FY2019 27 Sep 2019 FY2020 2 Oct 2020 FY2021 1 Oct 2021 FY2022 30 Sep 2022 FY2023 29 Sep 2023 FY2024 27 Sep 2024 FY2025 3 Oct 2025
Revenue and profit
3,651.4 3,868.0 3,376.8 3,355.7 5,109.1 5,485.5 4,772.4 4,178.0 4,086.9
Growth +5.9% −12.7% −0.6% +52.3% +7.4% −13.0% −12.5% −2.2%
1,809.6 1,917.3 1,773.0 1,742.8 2,596.7 2,881.2 2,665.1 2,457.2 2,404.8
1,841.8 1,950.7 1,603.8 1,612.9 2,512.4 2,604.3 2,107.3 1,720.8 1,682.1
Growth +5.9% −17.8% +0.6% +55.8% +3.7% −19.1% −18.3% −2.2%
355.2 404.5 424.1 464.1 532.3 617.9 606.8 631.7 785.5
204.6 207.8 198.3 231.4 322.5 329.8 314.0 300.8 371.5
1,253.8 1,319.3 952.0 891.8 1,612.7 1,527.0 1,125.0 637.4 500.0
Growth +5.2% −27.8% −6.3% +80.8% −5.3% −26.3% −43.3% −21.6%
1,257.0 1,332.1 961.0 891.7 1,598.7 1,476.6 1,078.8 636.4 526.7
246.8 413.7 107.4 76.9 100.4 201.4 96.0 40.4 49.6
1,010.2 918.4 853.6 814.8 1,498.3 1,275.2 982.8 596.0 477.1
Growth −9.1% −7.1% −4.5% +83.9% −14.9% −22.9% −39.4% −19.9%
Per share
5.48 5.06 4.92 4.84 9.07 7.85 6.17 3.72 3.09
5.41 5.01 4.89 4.80 8.97 7.81 6.13 3.69 3.08
Growth −7.4% −2.4% −1.8% +86.9% −12.9% −21.5% −39.8% −16.5%
184.3 181.3 173.5 168.5 165.2 162.4 159.4 160.1 154.4
186.7 183.2 174.5 169.9 167.0 163.3 160.3 161.5 155.1
Growth −1.9% −4.7% −2.6% −1.7% −2.2% −1.8% +0.7% −4.0%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 4.0% a year over five years, and earnings per share fell 8.5% a year.
  • The diluted share count fell 8.7% in five years, so buybacks did some of the work per share.
  • Operating margin is down 14.3 points on five years ago, at 12.2%.
  • Profitable in every one of the 9 years on file.