Skyworks Solutions, Inc., together with its subsidiaries, develops, manufactures, and markets analog and mixed-signal semiconductor products and solutions in the United States, Taiwan, China, South Korea, Europe, the Middle East, Africa, and the Asia Pacific. The company offers amplifiers, antenna tuners, attenuators, automotive tuners and digital radios, wireless ASoC, DC/DC converters, demodulators, detectors, digital power isolators, diodes, directional couplers, diversity receive modules, filters, front-end modules, hybrids, light emitting diode drivers, low noise amplifiers, mixers, modulators, and optocouplers/optoisolators. It also provides phase locked loops, phase shifters, power dividers/combiners, power over ethernet, power isolators, ProSLIC family of subscriber line interface circuits, receivers, system in package, switches, synthesizers, timing devices, voltage-controlled oscillators/synthesizers, and voltage regulators. The company sells its products through direct sales force, electronic component distributors, and independent sales representatives. Its products are used in aerospace, automotive, broadband, cellular infrastructure, connected home, defense, entertainment and gaming, industrial, medical, smartphone, tablet, and wearables applications. The company was founded in 1962 and is headquartered in Irvine, California.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $4.1B | $1.0B | $477M | $1.1B | 8.3% | -2.2% | -19.9% |
| 2024 | $4.2B | $1.1B | $596M | $1.6B | 9.4% | -12.5% | -39.4% |
| 2023 | $4.8B | $1.8B | $983M | $1.6B | 16.2% | -13.0% | -22.9% |
| 2022 | $5.5B | $2.2B | $1.3B | $915M | 23.3% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 5,485.50 | 4,772.40 | 4,178 | 4,086.90 |
| Cost Of Revenue | - | 2,881.20 | 2,665.10 | 2,457.20 | 2,404.80 |
| Gross Profit | - | 2,604.30 | 2,107.30 | 1,720.80 | 1,682.10 |
| Operating Expense | - | 1,046.60 | 954 | 933.40 | 1,157.90 |
| Operating Income | - | 1,557.70 | 1,153.30 | 787.40 | 524.20 |
| EBITDA | - | 2,214.60 | 1,756.90 | 1,118.40 | 1,016.80 |
| EBIT | - | 1,524.50 | 1,143.20 | 667.10 | 553.80 |
| Pretax Income | - | 1,476.60 | 1,078.80 | 636.40 | 526.70 |
| Tax Provision | - | 201.40 | 96 | 40.40 | 49.60 |
| Net Income | - | 1,275.20 | 982.80 | 596 | 477.10 |
| Net Income Common Stockholders | - | 1,275.20 | 982.80 | 596 | 477.10 |
| Total Expenses | - | 3,927.80 | 3,619.10 | 3,390.60 | 3,562.70 |
| Interest Expense | - | 47.90 | 64.40 | 30.70 | 27.10 |
| Interest Income | 1.20 | - | - | - | - |
| Research And Development | - | 617.90 | 606.80 | 631.70 | 785.50 |
| Selling General And Administration | - | 329.80 | 314 | 300.80 | 371.50 |
| Normalized EBITDA | - | 2,245.30 | 1,785.20 | 1,268.40 | 1,041 |
| Normalized Income | - | 1,301.71 | 1,008.58 | 736.48 | 499.02 |
| Market Cap | 9,573.34 | 9,573.34 | 9,573.34 | 9,573.34 | 9,573.34 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Skyworks Solutions, Inc.this co. | SWKS | $9.8B | 20.07β discount | 1.66 | 8.3% | 9.46 |
| Qorvo, Inc. | QRVO | $8.3B | 146.36 | 2.40 | 1.6% | 19.65 |
| ESCO Technologies Inc. | ESE | $8.3B | 27.70 | 5.38 | 19.4% | 34.30 |
| Paycom Software, Inc. | PAYC | $6.9B | 14.81 | 3.88 | 26.2% | 8.05 |
| Plexus Corp. | PLXS | $6.9B |
| - |
| - |
| - |
| - |
| - |
| - |
| 39.37 |
| 4.68 |
| 11.9% |
| 24.03 |
| EPAM Systems, Inc. | EPAM | $6.6B | 16.62 | 1.71 | 10.3% | 7.47 |
| Lyft, Inc. | LYFT | $5.9B | 1.91 | 1.66 | 86.9% | 54.37 |
| OSI Systems, Inc. | OSIS | $4.9B | 32.21 | 5.07 | 15.7% | 20.54 |
| Diodes Incorporated | DIOD | $4.8B | 72.62 | 2.56 | 3.5% | 19.66 |
| Peer Median | - | 29.95 | 3.22 | 13.8% | 20.10 | |