Skyworks Solutions, Inc. (SWKS) Balance Sheet
SWKS balance sheet, FY2025
September 30, 2025 · U.S. dollars$7.92B assets = $2.16B liabilities + $5.76B equity
Both columns are drawn to the same scale: what SWKS owns equals what it owes plus shareholders’ equity. Hover a block for its value.
SWKS financial health
Current ratio2.33
Comfortable · current assets cover current liabilities 2.33×
Debt / equity0.21
Low leverage · $0.21 of debt for each $1 of equity
Equity / assets72.7%
Equity-funded · of assets funded by shareholders
Cash / debt114.2%
Cash covers debt · cash & short-term investments vs total debt
Goodwill & intangibles37.7%
Acquisition-heavy · of total assets
Descriptive bands, not a rating. Fiscal FY2025.
SWKS balance sheet trends, FY2016–FY2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $3.86BFY2016 | $7.92BFY2025 | +8.3%/yr | |
| Total liabilities | $314.0MFY2016 | $2.16BFY2025 | +23.9%/yr | |
| Shareholders’ equity | $3.54BFY2016 | $5.76BFY2025 | +5.5%/yr | |
| Cash & short-term investments | $1.08BFY2016 | $1.37BFY2025 | +2.7%/yr | |
| Total debt | $178.9MFY2020 | $1.20BFY2025 | +46.4%/yr | |
| Net cash (debt) | $795.9MFY2020 | $171.1MFY2025 | −$624.8M | |
| Working capital | $1.79BFY2016 | $1.75BFY2025 | −$38.1M | |
| Book value per share | $18.44FY2016 | $37.12FY2025 | +8.1%/yr | |
| Current ratio | 9.52FY2016 | 2.33FY2025 | −7.20 | |
| Debt / equity | 0.04FY2020 | 0.21FY2025 | +0.17 | |
| Shares outstanding | 192.1MFY2016 | 155.1MFY2025 | −2.3%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
SWKS assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
SWKS liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
SWKS debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
SWKS balance sheet
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $1.37B | $1.56B | $734.4M | $586.3M | $1.02B | $974.8M | $1.05B | $1.03B | $1.62B | $1.08B |
| Cash & equivalents | $1.16B | $1.37B | $718.8M | $566.0M | $882.9M | $566.7M | $851.3M | $733.3M | $1.62B | $1.08B |
| Short-term investments | $212.9M | $194.1M | $15.6M | $20.3M | $137.2M | $408.1M | $203.3M | $294.1M | $0 | $2.3M |
| Receivables | $598.1M | $508.8M | $864.3M | $1.09B | $756.2M | $358.5M | $465.3M | $655.8M | $454.7M | $416.6M |
| Inventory | $754.7M | $784.8M | $1.12B | $1.21B | $885.0M | $806.0M | $609.7M | $490.2M | $493.5M | $424.0M |
| Other current assets | $350.0M | $484.7M | $461.1M | $337.5M | $204.1M | $178.3M | $105.0M | $88.8M | $68.7M | $77.7M |
| Total current assets | $3.08B | $3.34B | $3.18B | $3.23B | $2.87B | $2.32B | $2.23B | $2.26B | $2.63B | $2.00B |
| Property, plant & equipment (net) | $1.39B | $1.47B | $1.60B | $1.83B | $1.67B | $1.42B | $1.21B | $1.14B | $882.3M | $806.3M |
| Goodwill & intangible assets | $2.99B | $3.08B | $3.40B | $3.62B | $3.88B | $1.24B | $1.30B | $1.33B | $950.8M | $940.3M |
| Long-term investments | $14.2M | $11.4M | $4.1M | $500,000 | $7.1M | $5.2M | $27.6M | $22.8M | $0 | $0 |
| Other non-current assets | $453.1M | $381.8M | $248.8M | $194.2M | $175.2M | $123.2M | $74.1M | $69.5M | $106.8M | $106.7M |
| Total assets | $7.92B | $8.28B | $8.43B | $8.87B | $8.59B | $5.11B | $4.84B | $4.83B | $4.57B | $3.86B |
| Liabilities | ||||||||||
| Accounts payable | $236.0M | $171.8M | $159.2M | $274.2M | $236.0M | $226.9M | $190.5M | $229.9M | $258.4M | $110.4M |
| Short-term debt | $536.2M | $20.2M | $327.7M | $517.7M | $33.0M | $28.2M | — | — | — | — |
| Deferred revenue | — | — | −$299.4M | $226.9M | $743.1M | $20.3M | — | — | — | — |
| Total current liabilities | $1.32B | $602.7M | $955.7M | $1.23B | $658.5M | $448.4M | $374.0M | $389.7M | $387.9M | $210.2M |
| Long-term debt | $496.4M | $994.3M | $1.29B | $2.19B | $2.24B | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $207.3M | $206.1M | $217.0M | $225.4M | $177.5M | $150.7M | — | — | — | — |
| Other long-term liabilities | $340.3M | $349.6M | $96.1M | $0 | $399.5M | $494.1M | $343.3M | $342.2M | $120.0M | $103.8M |
| Total liabilities | $2.16B | $1.95B | $2.34B | $3.40B | $3.29B | $942.5M | $717.3M | $731.9M | $507.9M | $314.0M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $37.2M | $40.0M | $39.9M | $40.0M | $41.3M | $41.4M | $42.5M | $44.4M | $45.8M | $46.2M |
| Retained earnings (deficit) | $5.66B | $6.03B | $5.88B | $5.42B | $5.19B | $4.82B | $4.31B | $3.73B | $3.06B | $2.26B |
| Treasury stock | — | — | — | — | −$1.7M | −$4.09B | −$3.41B | −$2.73B | −$1.93B | −$1.44B |
| Accumulated other comprehensive income | −$5.1M | −$5.6M | −$5.6M | −$4.8M | −$7.9M | −$7.8M | −$7.9M | −$8.8M | −$8.5M | −$10.9M |
| Minority interest | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Total shareholders' equity | $5.76B | $6.34B | $6.08B | $5.47B | $5.30B | $4.16B | $4.12B | $4.10B | $4.07B | $3.54B |
| Key figures | ||||||||||
| Total debt | $1.20B | $1.20B | $1.51B | $2.41B | $2.41B | $178.9M | — | — | — | — |
| Net cash (debt) | $171.1M | $362.3M | −$774.9M | −$1.83B | −$1.39B | $795.9M | — | — | — | — |
| Working capital | $1.75B | $2.74B | $2.22B | $2.00B | $2.21B | $1.87B | $1.86B | $1.87B | $2.25B | $1.79B |
| Tangible book value | $2.77B | $3.26B | $2.68B | $1.85B | $1.42B | $2.92B | $2.82B | $2.76B | $3.11B | $2.60B |
| Book value per share | $37.12 | $39.24 | $37.95 | $33.49 | $31.72 | $24.51 | $23.62 | $22.36 | $21.78 | $18.44 |
| Shares outstanding | 155.1M | 161.5M | 160.3M | 163.3M | 167.0M | 169.9M | 174.5M | 183.2M | 186.7M | 192.1M |
| Current ratio | 2.33 | 5.54 | 3.33 | 2.63 | 4.35 | 5.17 | 5.97 | 5.80 | 6.79 | 9.52 |
| Quick ratio | 1.49 | 3.44 | 1.67 | 1.37 | 2.70 | 2.97 | 4.06 | 4.32 | 5.34 | 7.14 |
| Debt / equity | 0.21 | 0.19 | 0.25 | 0.44 | 0.46 | 0.04 | — | — | — | — |
| Equity / assets | 72.7% | 76.5% | 72.2% | 61.6% | 61.7% | 81.5% | 85.2% | 84.8% | 88.9% | 91.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $799.2M | $1.42B | $1.56B | $1.37B | $1.32B | $1.51B | $1.74B | $1.56B | $1.27B | $1.22B | $1.05B | $738.5M |
| Cash & equivalents | $790.0M | $1.41B | $1.55B | $1.16B | $1.19B | $1.39B | $1.60B | $1.37B | $1.26B | $1.21B | $1.03B | $718.8M |
| Short-term investments | $9.2M | $8.5M | $8.3M | $212.9M | $132.0M | $118.8M | $136.7M | $194.1M | $5.6M | $12.9M | $15.9M | $15.6M |
| Receivables | $348.2M | $336.0M | $398.4M | $598.1M | $396.2M | $371.9M | $520.0M | $508.8M | $607.4M | $615.3M | $659.4M | $864.3M |
| Inventory | $1.02B | $885.6M | $767.5M | $754.7M | $706.5M | $678.3M | $699.7M | $784.8M | $822.8M | $835.5M | $926.8M | $1.12B |
| Other current assets | $548.0M | $482.2M | $378.4M | $350.0M | $455.8M | $478.7M | $484.9M | $484.7M | $539.9M | $476.4M | $454.8M | $0 |
| Total current assets | $2.71B | $3.13B | $3.10B | $3.08B | $2.88B | $3.04B | $3.44B | $3.34B | $3.24B | $3.15B | $3.09B | $2.72B |
| Property, plant & equipment (net) | $1.21B | $1.19B | $1.36B | $1.39B | $1.41B | $1.43B | $1.44B | $1.47B | $1.46B | $1.51B | $1.55B | $1.39B |
| Goodwill & intangible assets | $2.86B | $2.90B | $2.94B | $2.99B | $3.03B | $3.02B | $3.06B | $3.08B | $3.25B | $3.30B | $3.34B | $3.40B |
| Long-term investments | $14.6M | $14.6M | $9.9M | $14.2M | $18.8M | $21.1M | $15.6M | $11.4M | $14.9M | $3.0M | $2.0M | $4.1M |
| Other non-current assets | $638.3M | $669.7M | $450.1M | $453.1M | $380.6M | $381.5M | $375.7M | $381.8M | $267.8M | $358.7M | $254.5M | $911.2M |
| Total assets | $7.42B | $7.90B | $7.87B | $7.92B | $7.71B | $7.89B | $8.33B | $8.28B | $8.24B | $8.31B | $8.23B | $8.43B |
| Liabilities | ||||||||||||
| Accounts payable | $268.6M | $266.2M | $209.3M | $236.0M | $205.5M | $193.1M | $147.2M | $171.8M | $160.9M | $149.8M | $135.7M | $159.2M |
| Short-term debt | $36.3M | $499.9M | $538.0M | $536.2M | $535.2M | $24.3M | $19.3M | $20.2M | $19.7M | $20.0M | $27.0M | $327.7M |
| Deferred revenue | $238.6M | — | — | — | — | — | — | — | $197.6M | $226.7M | $404.0M | −$327.7M |
| Total current liabilities | $874.3M | $1.32B | $1.29B | $1.32B | $1.21B | $613.2M | $579.6M | $602.7M | $562.9M | $606.4M | $615.1M | $1.05B |
| Long-term debt | $496.9M | $496.7M | $496.6M | $496.4M | $496.2M | $995.1M | $994.7M | $994.3M | $994.0M | $993.6M | $993.2M | $1.29B |
| Lease obligations | $184.2M | $193.0M | $196.7M | $207.3M | $212.4M | $214.5M | $198.3M | $206.1M | $206.8M | $216.2M | $218.4M | $217.0M |
| Other long-term liabilities | $315.5M | $317.9M | $317.4M | $340.3M | $360.9M | $337.1M | $356.1M | $349.6M | $343.1M | $350.5M | $393.6M | $0 |
| Total liabilities | $1.69B | $2.13B | $2.11B | $2.16B | $2.06B | $1.95B | $1.93B | $1.95B | $1.90B | $1.95B | $2.00B | $2.34B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $37.6M | $37.6M | $37.5M | $37.2M | $37.1M | $38.4M | $40.2M | $40.0M | $39.9M | $40.1M | $40.1M | $39.9M |
| Retained earnings (deficit) | $5.49B | $5.56B | $5.63B | $5.66B | $5.62B | $5.91B | $6.08B | $6.03B | $6.08B | $6.07B | $6.00B | $5.88B |
| Accumulated other comprehensive income | −$5.4M | −$5.4M | −$5.4M | −$5.1M | −$5.7M | −$5.7M | −$5.6M | −$5.6M | −$5.7M | −$5.7M | −$5.7M | −$5.6M |
| Total shareholders' equity | $5.74B | $5.77B | $5.76B | $5.76B | $5.65B | $5.94B | $6.40B | $6.34B | $6.34B | $6.36B | $6.23B | $6.08B |
| Key figures | ||||||||||||
| Total debt | $681.1M | $996.6M | $1.19B | $1.20B | $1.21B | $1.21B | $1.19B | $1.20B | $1.20B | $1.21B | $1.21B | $1.29B |
| Net cash (debt) | $118.1M | $425.2M | $365.8M | $171.1M | $110.1M | $297.0M | $546.2M | $362.3M | $68.2M | $8.5M | −$166.0M | −$553.7M |
| Working capital | $1.84B | $1.81B | $1.81B | $1.75B | $1.67B | $2.42B | $2.86B | $2.74B | $2.68B | $2.54B | $2.47B | $1.67B |
| Tangible book value | $2.88B | $2.87B | $2.82B | $2.77B | $2.62B | $2.92B | $3.34B | $3.26B | $3.08B | $3.06B | $2.89B | $2.68B |
| Book value per share | $38.05 | $38.28 | $38.27 | $37.12 | $37.61 | $37.41 | $39.66 | $39.24 | $39.26 | $39.40 | $38.68 | $37.90 |
| Shares outstanding | 150.8M | 150.6M | 150.5M | 155.1M | 150.3M | 158.8M | 161.4M | 161.5M | 161.4M | 161.4M | 161.0M | 160.5M |
| Current ratio | 3.10 | 2.38 | 2.40 | 2.33 | 2.39 | 4.95 | 5.94 | 5.54 | 5.75 | 5.19 | 5.02 | 2.59 |
| Quick ratio | 1.31 | 1.34 | 1.51 | 1.49 | 1.42 | 3.06 | 3.90 | 3.44 | 3.33 | 3.02 | 2.77 | 1.52 |
| Debt / equity | 0.12 | 0.17 | 0.21 | 0.21 | 0.21 | 0.20 | 0.19 | 0.19 | 0.19 | 0.19 | 0.19 | 0.21 |
| Equity / assets | 77.3% | 73.0% | 73.2% | 72.7% | 73.3% | 75.3% | 76.8% | 76.5% | 76.9% | 76.5% | 75.7% | 72.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed November 7, 2025); data from EODHD.
SWKS financial position
At the end of fiscal 2025 (September 30, 2025), Skyworks had total assets of $7.9 billion (down 4.4% from a year earlier), total liabilities of $2.2 billion and shareholders' equity of $5.8 billion. It held $1.4 billion in cash and short-term investments against $1.2 billion of debt, a net cash position of $171.1 million. Its current ratio was 2.33. In the latest quarter (ended June 30, 2026) total assets were $7.4 billion and equity $5.7 billion.
Related: SWKS income statement, SWKS cash flow statement, SWKS key metrics. See the SWKS stock overview for the latest quote and news.
SWKS balance sheet FAQ
What are Skyworks's total assets?
Skyworks reported total assets of $7.9 billion at the end of fiscal 2025 (September 30, 2025), compared with $8.3 billion a year earlier.
How much debt does Skyworks have?
Skyworks had $1.2 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.21.
How much cash does Skyworks have?
Skyworks held $1.4 billion in cash and short-term investments at the end of fiscal 2025; with $1.2 billion of debt that is net cash of $171.1 million.
What is Skyworks's book value?
Skyworks's shareholders' equity (book value) was $5.8 billion at the end of fiscal 2025, or $37.12 per share.
What is Skyworks's current ratio?
Skyworks had current assets of $3.1 billion and current liabilities of $1.3 billion, a current ratio of 2.33 (it can cover its short-term obligations).
How much goodwill does Skyworks have?
Skyworks carried $3.0 billion of goodwill and intangible assets, 37.7% of total assets, at the end of fiscal 2025.