Skyworks Solutions, Inc. (SWKS) Income Statement
SWKS FY2025 at a glance
Fiscal year ended September 30, 2025 · U.S. dollarsSWKS revenue and net income
Where SWKS's revenue goes
FY2025Each bar shows an amount and its share of revenue. SWKS kept 11.7% of revenue as net income.
SWKS profit margins
SWKS growth rates
to FY2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −2.2% | −9.3% | +4.0% | +2.3% |
| Gross profit | −2.2% | −13.6% | +0.8% | +0.8% |
| Operating income | −21.6% | −31.1% | −10.9% | −6.9% |
| Net income | −19.9% | −27.9% | −10.2% | −5.0% |
| EPS (diluted) | −5.6% | −19.2% | −0.6% | +1.2% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
SWKS quarterly EPS vs estimates
Skyworks beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: October 27, 2026 (estimate $0.90).
SWKS income statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.09B | $4.18B | $4.77B | $5.49B | $5.11B | $3.36B | $3.38B | $3.87B | $3.65B | $3.29B |
| Cost of revenue | $2.40B | $2.46B | $2.67B | $2.88B | $2.60B | $1.74B | $1.77B | $1.92B | $1.81B | $1.62B |
| Gross profit | $1.68B | $1.72B | $2.11B | $2.60B | $2.51B | $1.61B | $1.60B | $1.95B | $1.84B | $1.67B |
| Research & development | $785.5M | $631.7M | $606.8M | $617.9M | $532.3M | $464.1M | $424.1M | $404.5M | $355.2M | $312.4M |
| Sales, general & admin | $371.5M | $300.8M | $314.0M | $329.8M | $322.5M | $231.0M | $198.3M | $207.8M | $204.6M | $195.9M |
| Total operating expenses | $1.18B | $1.08B | $982.3M | $1.08B | $899.7M | $721.1M | $651.8M | $631.4M | $588.0M | $546.5M |
| Operating income | $500.0M | $637.4M | $1.12B | $1.53B | $1.61B | $891.8M | $952.0M | $1.32B | $1.25B | $1.12B |
| Interest income | — | — | — | — | $1.2M | $9.6M | $18.8M | — | — | — |
| Interest expense | $27.1M | $30.7M | $64.4M | $47.9M | $13.4M | $27.7M | $4.6M | $11.2M | $2.0M | $160.8M |
| Income before taxes | $526.7M | $636.4M | $1.08B | $1.48B | $1.60B | $891.7M | $961.0M | $1.33B | $1.26B | $1.20B |
| Income taxes | $49.6M | $40.4M | $96.0M | $201.4M | $100.4M | $76.9M | $107.4M | $413.7M | $246.8M | $205.4M |
| Net income | $477.1M | $596.0M | $982.8M | $1.28B | $1.50B | $814.8M | $853.6M | $918.4M | $1.01B | $995.2M |
| EBITDA | $1.02B | $1.12B | $1.76B | $2.21B | $2.05B | $1.26B | $1.33B | $1.62B | $1.51B | $1.37B |
| EPS (diluted) | $5.93 | $6.28 | $8.54 | $11.23 | $10.50 | $6.12 | $6.17 | $7.22 | $6.45 | $5.56 |
| Gross margin | 41.2% | 41.2% | 44.2% | 47.5% | 49.2% | 48.1% | 47.5% | 50.4% | 50.4% | 50.6% |
| Operating margin | 12.2% | 15.3% | 23.6% | 27.8% | 31.6% | 26.6% | 28.2% | 34.1% | 34.3% | 34.0% |
| Net margin | 11.7% | 14.3% | 20.6% | 23.2% | 29.3% | 24.3% | 25.3% | 23.7% | 27.7% | 30.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $934.8M | $943.7M | $1.04B | $1.10B | $965.0M | $953.2M | $1.07B | $1.02B | $905.5M | $1.05B | $1.20B | $1.22B |
| Cost of revenue | $559.8M | $558.4M | $608.2M | $652.7M | $564.0M | $561.6M | $626.6M | $595.2M | $541.4M | $625.7M | $694.9M | $740.6M |
| Gross profit | $375.0M | $385.3M | $427.2M | $447.5M | $401.0M | $391.6M | $441.9M | $429.8M | $364.1M | $420.3M | $506.6M | $478.2M |
| Research & development | $207.8M | $212.4M | $203.4M | $223.1M | $199.4M | $186.5M | $176.4M | $163.6M | $160.7M | $154.4M | $153.1M | $146.7M |
| Sales, general & admin | $98.7M | $119.7M | $108.4M | $111.6M | $89.3M | $88.0M | $82.6M | $74.1M | $71.2M | $76.8M | $81.0M | $81.0M |
| Total operating expenses | $326.5M | $343.2M | $311.8M | $336.5M | $290.4M | $294.3M | $260.8M | $370.4M | $233.7M | $231.1M | $248.3M | $223.9M |
| Operating income | $48.5M | $42.1M | $115.2M | $111.0M | $110.6M | $97.3M | $181.1M | $59.4M | $130.4M | $189.2M | $258.3M | $254.0M |
| Interest expense | $5.9M | $7.5M | $6.3M | $6.9M | $6.6M | $6.8M | $6.8M | $6.9M | $6.6M | $7.1M | $10.0M | $12.4M |
| Income before taxes | $48.8M | $45.4M | $109.7M | $122.0M | $112.0M | $102.4M | $190.4M | $58.4M | $133.4M | $192.9M | $251.7M | $246.2M |
| Income taxes | $14.9M | $9.8M | $30.5M | −$19.4M | $7.0M | $33.7M | $28.4M | −$2.1M | $12.5M | $9.6M | $20.4M | $1.4M |
| Net income | $33.9M | $35.6M | $79.2M | $141.4M | $105.0M | $68.7M | $162.0M | $60.5M | $120.9M | $183.3M | $231.3M | $244.8M |
| EBITDA | $171.4M | $143.7M | $233.4M | $245.8M | $234.5M | $223.4M | $313.2M | $180.7M | $252.3M | $310.8M | $374.5M | $402.1M |
| EPS (diluted) | $0.74 | $1.15 | $1.54 | $1.76 | $1.33 | $1.24 | $1.60 | $1.55 | $1.21 | $1.55 | $1.97 | $2.20 |
| Gross margin | 40.1% | 40.8% | 41.3% | 40.7% | 41.6% | 41.1% | 41.4% | 41.9% | 40.2% | 40.2% | 42.2% | 39.2% |
| Operating margin | 5.2% | 4.5% | 11.1% | 10.1% | 11.5% | 10.2% | 16.9% | 5.8% | 14.4% | 18.1% | 21.5% | 20.8% |
| Net margin | 3.6% | 3.8% | 7.6% | 12.9% | 10.9% | 7.2% | 15.2% | 5.9% | 13.4% | 17.5% | 19.3% | 20.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in SWKS's financial statements (latest annual report filed November 7, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
SWKS financial results
In fiscal year 2025 (ended September 30, 2025), Skyworks reported revenue of $4.1 billion, down 2.2% from the year before. It had net income of $477.1 million (down 19.9%), a net profit margin of 11.7%. Diluted earnings per share came to $5.93. Over five years revenue grew at an average rate of 4.0% a year.
See the SWKS stock overview for the latest quote and news, or the SWKS chart for price history and technical indicators.
SWKS income statement FAQ
What is Skyworks's annual revenue?
Skyworks reported total revenue of $4.1 billion for fiscal year 2025, which ended on September 30, 2025. That was down 2.2% from $4.2 billion the previous year.
Is Skyworks profitable?
Yes. Skyworks reported net income of $477.1 million in fiscal 2025, a net profit margin of 11.7%; its operating margin was 12.2%.
What is Skyworks's gross margin?
Skyworks's gross margin was 41.2% in fiscal 2025: for every $100 of revenue, Skyworks kept $41 after the direct cost of its products and services.
How much does Skyworks spend on research and development?
Skyworks spent $785.5 million on research and development in fiscal 2025, 19.2% of revenue.
How fast is Skyworks growing?
Revenue grew 4.0% a year on average over the last five fiscal years, from $3.4 billion to $4.1 billion.
What are Skyworks's earnings per share?
Skyworks earned $5.93 per diluted share in fiscal 2025, compared with $6.28 a year earlier.
When will Skyworks report its next earnings?
Skyworks is expected to report results for the quarter ending September 30, 2026 on October 27, 2026.
When does Skyworks's fiscal year end?
Skyworks's fiscal year ends in September. The latest annual report covers the year ended September 30, 2025 and was filed on November 7, 2025.