Skyworks Solutions Inc. (SWKS) financial statements: income statement, balance sheet and cash flow

Skyworks Solutions Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Oct 3, 2025 · FY), Skyworks Solutions Inc. reported revenue of $4.1B (-2.2% year on year) and net income of $477.1M (-19.9% year on year).

Income statement

Skyworks Solutions Inc. income statement, fiscal years

Line item	Oct 3, 2025 · FY	Sep 27, 2024 · FY	Sep 29, 2023 · FY	Sep 30, 2022 · FY
Net revenue	$4.1B	$4.2B	$4.8B	$5.5B
Cost of goods sold	$2.4B	$2.5B	$2.7B	$2.9B
Gross profit	$1.7B	$1.7B	$2.1B	$2.6B
Research and development	$785.5M	$631.7M	$606.8M	$617.9M
Selling, general, and administrative	$371.5M	$300.8M	$314.0M	$329.8M
Amortization of intangibles	$900.0K	$900.0K	$33.2M	$288.4M
Restructuring, impairment, and other charges	$24.2M	$150.0M	$28.3M	$30.7M
Total operating expenses	$1.2B	$1.1B	$982.3M	$1.1B
Operating income	$500.0M	$637.4M	$1.1B	$1.5B
Interest expense	($27.1M)	($30.7M)	($64.4M)	($47.9M)
Other income, net	$53.8M	$29.7M	$18.2M	($2.5M)
Income before income taxes	$526.7M	$636.4M	$1.1B	$1.5B
Provision for income taxes	$49.6M	$40.4M	$96.0M	$201.4M
Net income	$477.1M	$596.0M	$982.8M	$1.3B
Basic (in dollars per share)	$3.09	$3.72	$6.17	$7.85
Diluted (in dollars per share)	$3.08	$3.69	$6.13	$7.81
Basic (in shares)	154.4M	160.1M	159.4M	162.4M
Diluted (in shares)	155.1M	161.5M	160.3M	163.3M
Common stock, dividends declared (in dollars per share)	$2.81	$2.74	$2.54	$2.30

Skyworks Solutions Inc. income statement, quarters

Line item	Jul 3, 2026 · Q3	Apr 3, 2026 · Q2	Jan 2, 2026 · Q1	Jun 27, 2025 · Q3
Net revenue	$934.8M	$943.7M	$1.0B	$965.0M
Cost of goods sold	$559.8M	$558.4M	$608.2M	$564.0M
Gross profit	$375.0M	$385.3M	$427.2M	$401.0M
Research and development	$207.8M	$212.4M	$203.4M	$199.4M
Selling, general, and administrative	$98.7M	$119.7M	$108.4M	$89.3M
Amortization of intangibles	$200.0K	$200.0K	$200.0K	$200.0K
Restructuring, impairment, and other charges	$19.8M	$10.9M	$11.4M	$1.5M
Total operating expenses	$326.5M	$343.2M	$323.4M	$290.4M
Operating income	$48.5M	$42.1M	$103.8M	$110.6M
Interest expense	($5.9M)	($7.5M)	($6.3M)	($6.6M)
Other income, net	$6.2M	$10.8M	$12.2M	$8.0M
Income before income taxes	$48.8M	$45.4M	$109.7M	$112.0M
Provision for income taxes	$14.9M	$9.8M	$30.5M	$7.0M
Net income	$33.9M	$35.6M	$79.2M	$105.0M
Basic (in dollars per share)	$0.23	$0.24	$0.53	$0.70
Diluted (in dollars per share)	$0.22	$0.24	$0.53	$0.70
Basic (in shares)	150.4M	150.3M	149.5M	150.0M
Diluted (in shares)	151.4M	150.6M	150.5M	150.3M
Common stock, dividends declared (in dollars per share)	$0.71	$0.71	$0.71	$0.70

Balance sheet

Skyworks Solutions Inc. balance sheet, fiscal years

Line item	Oct 3, 2025 · FY	Sep 27, 2024 · FY	Sep 29, 2023 · FY	Sep 30, 2022 · FY
Cash and cash equivalents	$1.2B	$1.4B	$718.8M	$566.0M
Marketable securities, current	$212.9M	$194.1M	$15.6M	$20.3M
Receivables, net of allowances of $0.9 and $0.9, respectively	$598.1M	$508.8M	$864.3M	$1.1B
Inventory	$754.7M	$784.8M	$1.1B	$1.2B
Other current assets	$350.0M	$484.7M	$461.1M	$337.5M
Total current assets	$3.1B	$3.3B	$3.2B	$3.2B
Property, plant, and equipment, net	$1.2B	$1.3B	$1.4B	$1.6B
Operating lease right-of-use assets	$192.4M	$191.6M	$205.4M	$223.0M
Goodwill	$2.2B	$2.2B	$2.2B	$2.2B
Intangible assets, net	$809.0M	$900.5M	$1.2B	$1.4B
Deferred tax assets, net	$375.6M	$303.5M	$192.3M	$52.7M
Marketable securities, noncurrent	$14.2M	$11.4M	$4.1M	$500.0K
Other long-term assets	$77.5M	$78.3M	$56.5M	$141.5M
Total assets	$7.9B	$8.3B	$8.4B	$8.9B
Accounts payable	$236.0M	$171.8M	$159.2M	$274.2M
Accrued compensation and benefits	$180.7M	$127.9M	$94.3M	$114.3M
Current portion of long-term debt	$499.4M	$0	$299.4M	$499.2M
Other current liabilities	$407.1M	$303.0M	$402.8M	$339.2M
Total current liabilities	$1.3B	$602.7M	$955.7M	$1.2B
Long-term debt	$496.4M	$994.3M	$992.9M	$1.7B
Long-term tax liabilities	$85.7M	$127.9M	$162.8M	$213.5M
Long-term operating lease liabilities	$170.5M	$185.9M	$188.7M	$206.9M
Other long-term liabilities	$84.1M	$35.8M	$43.9M	$67.6M
Total liabilities	$2.2B	$1.9B	$2.3B	$3.4B
Preferred stock, no par value: 25.0 shares authorized, no shares issued	0	0	0	0
Common stock, $0.25 par value: 525.0 shares authorized; 148.7 shares issued and outstanding at October 3, 2025, and 159.9 shares issued and outstanding at September 27, 2024	37.2M	40.0M	39.9M	40.0M
Additional paid-in capital	$68.1M	$269.4M	$172.4M	$11.9M
Retained earnings	$5.7B	$6.0B	$5.9B	$5.4B
Accumulated other comprehensive loss	($5.1M)	($5.6M)	($5.6M)	($4.8M)
Total stockholders’ equity	$5.8B	$6.3B	$6.1B	$5.5B
Total liabilities and stockholders’ equity	$7.9B	$8.3B	$8.4B	$8.9B

Skyworks Solutions Inc. balance sheet, quarters

Line item	Jul 3, 2026	Apr 3, 2026	Jan 2, 2026	Jun 27, 2025
Cash and cash equivalents	$790.0M	$1.4B	$1.6B	$1.2B
Marketable securities, current	$9.2M	$8.5M	$8.3M	$132.0M
Receivables, net of allowances of $0.9 and $0.9, respectively	$348.2M	$336.0M	$398.4M	$396.2M
Inventory	$1.0B	$885.6M	$767.5M	$706.5M
Other current assets	$548.0M	$482.2M	$378.4M	$455.8M
Total current assets	$2.7B	$3.1B	$3.1B	$2.9B
Property, plant, and equipment, net	$1.2B	$1.2B	$1.2B	$1.2B
Operating lease right-of-use assets	$174.7M	$182.2M	$184.7M	$196.1M
Goodwill	$2.2B	$2.2B	$2.2B	$2.2B
Intangible assets, net	$678.8M	$721.6M	$764.5M	$852.2M
Deferred tax assets, net	$368.1M	$385.9M	$375.6M	$303.4M
Marketable securities, noncurrent	$14.6M	$14.6M	$9.9M	$18.8M
Other long-term assets	$95.5M	$101.6M	$74.5M	$77.2M
Total assets	$7.4B	$7.9B	$7.9B	$7.7B
Accounts payable	$268.6M	$266.2M	$209.3M	$205.5M
Accrued compensation and benefits	$173.4M	$138.2M	$128.5M	$146.6M
Current portion of long-term debt	$0	$499.9M	$499.6M	$499.2M
Other current liabilities	$432.3M	$411.4M	$457.6M	$353.7M
Total current liabilities	$874.3M	$1.3B	$1.3B	$1.2B
Long-term debt	$496.9M	$496.7M	$496.6M	$496.2M
Long-term tax liabilities	$108.5M	$97.6M	$90.3M	$98.3M
Long-term operating lease liabilities	$147.9M	$156.5M	$158.3M	$176.4M
Other long-term liabilities	$59.1M	$63.8M	$68.8M	$86.2M
Total liabilities	$1.7B	$2.1B	$2.1B	$2.1B
Preferred stock, no par value: 25.0 shares authorized, no shares issued	0	0	0	0
Common stock, $0.25 par value: 525.0 shares authorized; 150.5 shares issued and outstanding at July 3, 2026, and 148.7 shares issued and outstanding at October 3, 2025	37.6M	37.6M	37.5M	37.1M
Additional paid-in capital	$220.6M	$175.0M	$97.1M	$0
Retained earnings	$5.5B	$5.6B	$5.6B	$5.6B
Accumulated other comprehensive loss	($5.4M)	($5.4M)	($5.4M)	($5.7M)
Total stockholders’ equity	$5.7B	$5.8B	$5.8B	$5.7B
Total liabilities and stockholders’ equity	$7.4B	$7.9B	$7.9B	$7.7B

Cash flow statement

Skyworks Solutions Inc. cash flow statement, fiscal years

Line item	Oct 3, 2025 · FY	Sep 27, 2024 · FY	Sep 29, 2023 · FY	Sep 30, 2022 · FY
Net income	$477.1M	$596.0M	$982.8M	$1.3B
Share-based compensation	$232.4M	$180.3M	$185.1M	$195.2M
Depreciation	$278.7M	$264.8M	$387.8M	$394.4M
Amortization of intangible assets	$184.3M	$186.5M	$225.9M	$295.7M
Deferred income taxes	($55.8M)	($108.4M)	($151.2M)	$68.4M
Asset impairment charges	$0	$147.9M	$64.5M	$20.7M
Amortization of debt discount and issuance costs	$1.9M	$2.5M	$4.0M	$4.0M
Other, net	($11.0M)	($8.8M)	($3.5M)	($1.5M)
Receivables, net	($89.3M)	$355.4M	$229.8M	($337.8M)
Inventory	$41.8M	$330.4M	$90.8M	($337.3M)
Accounts payable	$67.1M	$10.4M	($87.1M)	$31.3M
Other current and long-term assets and liabilities	$173.6M	($132.3M)	$72.5M	$183.7M
Net cash provided by operating activities	$1.3B	$1.8B	$1.9B	$1.4B
Capital expenditures	($195.0M)	($157.0M)	($210.3M)	($489.4M)
Purchased intangibles	($29.9M)	($26.1M)	($25.8M)	($20.3M)
Purchases of marketable securities	($633.5M)	($270.9M)	($288.8M)	($97.2M)
Sales and maturities of marketable securities	$618.3M	$86.5M	$294.0M	$220.3M
Other	$6.1M	$11.6M	($6.5M)	—
Net cash used in investing activities	($234.0M)	($355.9M)	($224.4M)	($378.9M)
Repurchase of common stock - payroll tax withholdings on equity awards	($44.4M)	($36.3M)	($35.9M)	($88.5M)
Repurchase of common stock - stock repurchase program	($830.2M)	($77.3M)	($175.3M)	($886.8M)
Dividends paid	($432.6M)	($439.1M)	($405.2M)	($373.1M)
Net proceeds from exercise of stock options	$0	$1.1M	$5.1M	$6.4M
Proceeds from employee stock purchase plan	$33.1M	$32.6M	$32.1M	$29.4M
Payments of debt	$0	($300.0M)	($900.0M)	($50.0M)
Net cash used in financing activities	($1.3B)	($819.0M)	($1.5B)	($1.4B)
Net increase (decrease) in cash and cash equivalents	($207.3M)	$649.8M	$152.8M	($316.9M)
Cash and cash equivalents at beginning of period	$1.4B	$718.8M	$566.0M	$882.9M
Cash and cash equivalents at end of period	$1.2B	$1.4B	$718.8M	$566.0M
Income taxes paid	$147.1M	$181.2M	$228.9M	$230.0M
Interest paid	$25.4M	$28.3M	$62.3M	$44.4M
Incentives paid in common stock	$0	$1.2M	$19.2M	$32.2M
Non-cash investing in purchased intangibles, accrued but not paid	$77.0M	—	—	—
Non-cash investing in capital expenditures, accrued but not paid	$34.5M	$34.7M	$12.0M	$43.2M

Skyworks Solutions Inc. cash flow statement, quarters

Line item	Jul 3, 2026 · YTD	Apr 3, 2026 · YTD	Jan 2, 2026 · Q1	Jun 27, 2025 · YTD
Net income	$148.7M	$114.8M	$79.2M	$335.7M
Share-based compensation	$168.9M	$115.7M	$57.7M	$168.9M
Depreciation	$216.1M	$142.3M	$72.9M	$206.3M
Amortization of intangible assets	$130.4M	$87.5M	$44.5M	$139.8M
Deferred income taxes	$7.6M	($10.1M)	$100.0K	$21.1M
Amortization of debt discount and issuance costs	$1.4M	$1.1M	$500.0K	$1.5M
Other, net	($2.7M)	($600.0K)	($600.0K)	($5.2M)
Receivables, net	$250.0M	$262.1M	$199.7M	$112.6M
Inventory	($268.1M)	($134.7M)	($21.9M)	$85.2M
Accounts payable	$30.0M	$32.9M	($27.7M)	$32.6M
Other current and long-term assets and liabilities	($166.1M)	($165.2M)	($8.9M)	$2.3M
Net cash provided by operating activities	$516.2M	$445.8M	$395.5M	$1.1B
Capital expenditures	($226.0M)	($138.9M)	($56.5M)	($139.0M)
Purchased intangibles	($19.8M)	($19.6M)	($14.2M)	($24.1M)
Purchases of marketable securities	($28.6M)	($27.7M)	($10.8M)	($415.9M)
Sales and maturities of marketable securities	$232.7M	$232.4M	$220.4M	$473.9M
Other	$3.3M	$600.0K	$100.0K	$2.2M
Net cash used in investing activities	($38.4M)	$46.8M	$139.0M	($102.9M)
Repurchase of common stock - payroll tax withholdings on equity awards	($41.6M)	($40.0M)	($39.0M)	($43.4M)
Repurchase of common stock - stock repurchase program	($7.5M)	($7.5M)	—	($830.2M)
Dividends paid	($320.1M)	($213.2M)	($106.4M)	($327.0M)
Proceeds from employee stock purchase plan	$21.2M	$21.2M	—	$20.0M
Debt financing costs	($1.1M)	($1.1M)	—	—
Payments of debt	($500.0M)	—	—	$0
Net cash used in financing activities	($849.1M)	($240.6M)	($145.4M)	($1.2B)
Net decrease in cash and cash equivalents	($371.3M)	$252.0M	$389.1M	($182.7M)
Cash and cash equivalents at beginning of period	$1.2B	$1.2B	$1.2B	$1.4B
Cash and cash equivalents at end of period	$790.0M	$1.4B	$1.6B	$1.2B
Income taxes paid	$127.2M	$95.3M	$10.1M	$137.5M
Interest paid	$24.7M	$12.3M	$12.0M	$24.7M
Incentives paid in common stock	$16.6M	$16.6M	$16.6M	$0
Non-cash investing in purchased intangibles, accrued but not paid	$0	$0	$21.7M	$84.9M
Non-cash investing in capital expenditures, accrued but not paid	$37.5M	$32.2M	$35.6M	$35.9M
Operating lease assets obtained in exchange for new lease liabilities	$5.5M	$5.5M	$400.0K	$27.1M

Skyworks Solutions Inc. score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.