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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 |
| Operating 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 |
| Research And Development | - | 617.90 | 606.80 | 631.70 | 785.50 |
| Selling General And Administration | - | 329.80 | 314 | 300.80 | 371.50 |
| Total Expenses | - | 3,927.80 | 3,619.10 | 3,390.60 | 3,562.70 |
| Operating Income | - | 1,557.70 | 1,153.30 | 787.40 | 524.20 |
| Total Operating Income As Reported | - | 1,527 | 1,125 | 637.40 | 500 |
| EBITDA | - | 2,214.60 | 1,756.90 | 1,118.40 | 1,016.80 |
| Normalized EBITDA | - | 2,245.30 | 1,785.20 | 1,268.40 | 1,041 |
| EBIT | - | 1,524.50 | 1,143.20 | 667.10 | 553.80 |
| Interest Income | 1.20 | - | - | - | - |
| Interest Expense | - | 47.90 | 64.40 | 30.70 | 27.10 |
| Net Interest Income | - | -47.90 | -64.40 | -30.70 | -27.10 |
| Other Non Operating Income Expenses | - | -2.50 | 18.20 | 29.70 | 53.80 |
| Other Income Expense | - | -33.20 | -10.10 | -120.30 | 29.60 |
| Interest Income Non Operating | 1.20 | - | - | - | - |
| Interest Expense Non Operating | - | 47.90 | 64.40 | 30.70 | 27.10 |
| Net Non Operating Interest Income Expense | - | -47.90 | -64.40 | -30.70 | -27.10 |
| Pretax Income | - | 1,476.60 | 1,078.80 | 636.40 | 526.70 |
| Tax Provision | - | 201.40 | 96 | 40.40 | 49.60 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -4.19 | -2.52 | -9.52 | -2.28 |
| Net Income Continuous Operations | - | 1,275.20 | 982.80 | 596 | 477.10 |
| Net Income From Continuing And Discontinued Operation | - | 1,275.20 | 982.80 | 596 | 477.10 |
| Net Income From Continuing Operation Net Minority Interest | - | 1,275.20 | 982.80 | 596 | 477.10 |
| Net Income | - | 1,275.20 | 982.80 | 596 | 477.10 |
| Net Income Common Stockholders | - | 1,275.20 | 982.80 | 596 | 477.10 |
| Net Income Including Noncontrolling Interests | - | 1,275.20 | 982.80 | 596 | 477.10 |
| Normalized Income | - | 1,301.71 | 1,008.58 | 736.48 | 499.02 |
| Diluted NI Availto Com Stockholders | - | 1,275.20 | 982.80 | 596 | 477.10 |
| Basic Average Shares | - | 162.40 | 159.40 | 160.10 | 154.40 |
| Diluted Average Shares | - | 163.30 | 160.30 | 161.50 | 155.10 |
| Reconciled Depreciation | - | 690.10 | 613.70 | 451.30 | 463 |
| Reconciled Cost Of Revenue | - | 2,290 | 2,084.60 | 2,006.80 | 1,942.70 |
| Total Unusual Items | - | -30.70 | -28.30 | -150 | -24.20 |
| Total Unusual Items Excluding Goodwill | - | -30.70 | -28.30 | -150 | -24.20 |
| Special Income Charges | - | -30.70 | -28.30 | -150 | -24.20 |
| Restructuring And Mergern Acquisition | 8.90 | 30.70 | 28.30 | - | - |
| Gain On Sale Of Security | 0.10 | - | - | - | - |
| Depreciation Amortization Depletion Income Statement | - | 98.90 | 33.20 | 0.90 | 0.90 |
| Depreciation And Amortization In Income Statement | - | 98.90 | 33.20 | 0.90 | 0.90 |
| Amortization | - | 98.90 | 33.20 | 0.90 | 0.90 |
| Amortization Of Intangibles Income Statement | - | 98.90 | 33.20 | 0.90 | 0.90 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Skyworks Solutions, Inc.this co. | SWKS | $12.0B | 25.20 | 2.09 | 8.3% | 11.86 |
| Viasat, Inc. | VSAT | $10.0B | -292.20 | 2.14 | -0.7% | 8.33 |
| Qorvo, Inc. | QRVO | $9.2B | 26.99 | 2.74 | 10.1% | 12.92 |
| Enphase Energy, Inc. | ENPH | $9.0B | 52.36 | 8.29 | 15.8% | 33.63 |
| Vishay Intertechnology, Inc. | VSH | $8.7B | - |
| - |
| - |
| - |
| - |
| - |
| - |
| 4.15 |
| -0.4% |
| 31.93 |
| MaxLinear, Inc. | MXL | $8.4B | -61.72 | 18.67 | -30.2% | -97.97 |
| Plexus Corp. | PLXS | $7.6B | 44.01 | 5.23 | 11.9% | 26.92 |
| ESCO Technologies Inc. | ESE | $7.6B | 25.28 | 4.91 | 19.4% | 31.35 |
| Clear Secure, Inc. | YOU | $7.3B | 66.70 | 40.97 | 61.4% | 33.05 |
| Peer Median | - | 26.99 | 5.07 | 11.0% | 29.14 | |