Skyworks Solutions (SWKS)

Information Technology · $19.2B market cap · SEC CIK 0000004127

Next reports on Feb 1, 2027, with analysts expecting $1.28 in earnings per share.

52-week range $51.93 to $92.80. 11% below its 52-week high and 59% above its low.

The case for SWKS

• Holds more cash ($2.6B) than long-term debt ($2.5B).
• Pays a 2.9% dividend while you wait.
• Current assets cover the near-term bills 3.3 times over.

The case against

• Expensive for its growth: 111.8× earnings, where 0% a year of growth plus a 2.9% dividend would justify about 12×.
• Earnings per share down 63.0%.
• Revenue slipped 3.1% on the year.
• Return on equity of only 3%.
• Revenue has shrunk 5.0% a year over five years.
• Dividend takes 147% of earnings, leaving little cushion.

What the score is made of

Each factor is half a curve over reported figures and half a rank among the other Information Technology companies (momentum is judged against fixed thresholds only), and the five are blended by weight. The score is where that blend places it in the S&P 500. It describes the last filing and the current price. It is not a forecast.

• Each factor except momentum is half fixed thresholds, half rank among the 73 Information Technology companies.

The financials

The financials, five years deep

Pulled from Skyworks Solutions's XBRL filings on SEC EDGAR. Italic rows are worked out from the others.

What Skyworks Solutions says it does

Skyworks Solutions, Inc., together with its consolidated subsidiaries (“Skyworks” or the “Company”), is a U.S.-based global leader in high-performance radio frequency (“RF”), power management, and analog and mixed-signal semiconductor products and solutions. On October 5, 2026, the Company completed its combination with Qorvo, Inc. (“Qorvo”), bringing together complementary product and technology portfolios, engineering capabilities, and manufacturing operations while expanding our ability to provide integrated, system-level solutions across mobile and a broad range of diversified markets, including physical AI and connected edge, defense and aerospace, data center and networking, and automotive. Because the combination was completed after the end of fiscal 2026, our consolidated financial results and other historical operating information for fiscal 2026 presented in this Annual Report on Form 10-K generally do not include Qorvo…

Risk factors SWKS lists in its 10-K

• The risks of doing business internationally apply to all aspects of our operations
• Changes in tax laws and regulations could have an adverse impact on our operating results
• We, our customers, and our suppliers are subject to the risks of doing business in China
• Our operating results may be adversely affected by quarterly and annual fluctuations
• We rely on a small number of customers for a large portion of our sales
• We rely on Original Equipment Manufacturers (“OEMs”) and Original Design Manufacturers (“ODMs”) to design our products into their end products
• We face risks of a loss of revenue if contracts with the U.S. government or defense and aerospace contractors are canceled or delayed or if defense spending is reduced
• Our manufacturing processes are extremely complex, specialized, and subject to disruption
• We may not be able to maintain and improve manufacturing yields
• We are dependent upon third parties for the manufacture, assembly, and testing of our products
• We are dependent upon third parties for the supply of raw materials and components
• Imbalances in the supply of memory, storage and other components could increase our costs or our customers’ costs and product prices, which could reduce demand for our products
• We may not be able to effectively operate our business if we are unable to attract and retain qualified personnel
• Our business could be adversely affected by the departure of existing members of our senior management team or if our senior management team is unable to effectively implement our strategy
• We may not be able to effectively execute restructuring initiatives, which could result in total costs that are greater than expected and cause us not to achieve the expected long-term operational benefits of such initiatives
• We are subject to uncertainties involving the ordering and shipment of, and payment for, our products
• We face a risk that capital needed for our business will not be available when we need it
• We are exposed to risks related to the use of AI tools by us and others
• To be successful, we may need to make additional investments and acquisitions, integrate companies we acquire, and/or enter into strategic alliances
• Failure to realize the benefits expected from the Mergers could adversely affect our business, results of operations, and financial condition
• Efforts to integrate Qorvo could disrupt our relationships with third parties and employees and divert management’s attention, which could adversely impact our operating results and ongoing business
• Our outstanding indebtedness could reduce our flexibility to operate our business
• The wireless communications, analog, and mixed-signal semiconductor markets are characterized by significant competition
• The semiconductor industry is highly cyclical and subject to significant downturns
• Remaining competitive in the semiconductor industry depends upon our ability to constantly innovate
• We may not be able to prevent, or timely detect, information technology security breaches
• We may not be able to successfully protect our intellectual property rights
• We are subject to the risks of licensing third-party intellectual property
• We may be subject to risks of litigation and disputes
• We may be subject to claims of infringement of third-party intellectual property rights or demands that we license third-party technology
• We may be subject to warranty claims, product recalls, and other liability claims
• Our stock price has been volatile and may fluctuate in the future
• There can be no assurance that we will, or will continue to, repurchase our stock or declare cash dividends
• Certain provisions in our organizational documents and Delaware law may make it difficult for someone to acquire control of us

Filings

Other Information Technology companies