How did Skyworks perform in its fiscal third quarter of 2025?

Revenue was $965.0 million, up from $905.5 million a year earlier. GAAP net income was $105.0 million, or $0.70 per diluted share, compared with $120.9 million, or $0.75, in the prior-year quarter. Non-GAAP diluted EPS was $1.33.

What is the new dividend and when is it paid?

The board declared a cash dividend of $0.71 per share, a 1% increase from $0.70. It is payable September 16, 2025 to stockholders of record at the close of business on August 26, 2025.

What guidance did Skyworks give for the fourth fiscal quarter of 2025?

The company anticipates revenue of $1.00 billion to $1.03 billion and non-GAAP diluted EPS of $1.40 at the midpoint of that revenue range. Management said Mobile is expected to grow sequentially in the mid-single digits, and Broad Markets is on track for another quarter of sequential growth.

Why do GAAP and non-GAAP results differ so much?

Non-GAAP measures exclude share-based compensation ($55.2 million in the quarter), amortization of acquisition-related intangibles ($37.9 million), restructuring and other charges ($17.9 million), acquisition-related expenses, and certain tax items. Management says these items may not recur or may be non-cash and unrelated to ongoing operations.

What is the company's liquidity position?

As of June 27, 2025, cash, cash equivalents, and marketable securities totaled $1,336.7 million, down from $1,574.1 million at September 27, 2024. Debt was $995.4 million. Year-to-date repurchases of common stock under the stock repurchase program were $830.2 million, and dividends paid were $327.0 million.

SWKS 8-K: Earnings & Results

01—Abstract

Summary

Summary of the 8-K filed August 5, 2025. Cited figures are marked; the original filing is the authoritative source.

Skyworks Solutions, Inc. (Nasdaq: SWKS) reported results for its fiscal third quarter ended June 27, 2025, with revenue of $965 million^a, up from $905.5 million in the prior-year quarter.

GAAP operating income was $110.6 million^b and GAAP diluted EPS was $0.70, compared with $130.4 million and $0.75 a year earlier. On a non-GAAP basis, operating income was $224.4 million and diluted EPS was $1.33. For the nine months ended June 27, 2025, net revenue was $2,986.7 million versus $3,153.0 million, and GAAP net income was $335.7 million, compared with $535.5 million.

Year-to-date operating cash flow was $1.10 billion^c and non-GAAP free cash flow was $961.8 million. The board declared a quarterly cash dividend of $0.71 per share, payable September 16, 2025 to holders of record on August 26, 2025. The filing describes this as a 1% increase from the prior $0.70 dividend.

The company also disclosed that it is initiating the consolidation of its Woburn facility into Newbury Park as part of long-term manufacturing optimization efforts. For the fourth fiscal quarter of 2025, management guided to revenue of $1.00 billion to $1.03 billion^d and non-GAAP diluted EPS of $1.40 at the midpoint of the revenue range.

CEO Phil Brace cited momentum in Mobile and steady strength in Broad Markets, while interim CFO Rob Schriesheim said Mobile is expected to grow sequentially in the mid-single digits. Cash, cash equivalents, and marketable securities were $1,336.7 million at June 27, 2025, down from $1,574.1 million at September 27, 2024, and debt was $995.4 million.

02—Key points

Key Highlights

Q3 fiscal 2025 revenue of $965.0 million, up from $905.5 million in the prior-year quarter.
GAAP diluted EPS of $0.70 versus $0.75 a year earlier; non-GAAP diluted EPS of $1.33 versus $1.21.
GAAP operating income of $110.6 million (11.5% margin) versus $130.4 million; non-GAAP operating income of $224.4 million (23.3% margin).
Quarterly dividend raised to $0.71 per share from $0.70, a 1% increase, payable September 16, 2025.
Q4 fiscal 2025 guidance of $1.00 billion to $1.03 billion in revenue and non-GAAP diluted EPS of $1.40 at the revenue midpoint.
Year-to-date operating cash flow of $1,100.8 million and non-GAAP free cash flow of $961.8 million, versus $1,274.4 million a year earlier.
Initiated consolidation of the Woburn facility into Newbury Park as part of long-term manufacturing optimization.

03—Questions

Frequently Asked Questions

How did Skyworks perform in its fiscal third quarter of 2025?
Revenue was $965.0 million, up from $905.5 million a year earlier. GAAP net income was $105.0 million, or $0.70 per diluted share, compared with $120.9 million, or $0.75, in the prior-year quarter. Non-GAAP diluted EPS was $1.33.
What is the new dividend and when is it paid?
The board declared a cash dividend of $0.71 per share, a 1% increase from $0.70. It is payable September 16, 2025 to stockholders of record at the close of business on August 26, 2025.
What guidance did Skyworks give for the fourth fiscal quarter of 2025?
The company anticipates revenue of $1.00 billion to $1.03 billion and non-GAAP diluted EPS of $1.40 at the midpoint of that revenue range. Management said Mobile is expected to grow sequentially in the mid-single digits, and Broad Markets is on track for another quarter of sequential growth.
Why do GAAP and non-GAAP results differ so much?
Non-GAAP measures exclude share-based compensation ($55.2 million in the quarter), amortization of acquisition-related intangibles ($37.9 million), restructuring and other charges ($17.9 million), acquisition-related expenses, and certain tax items. Management says these items may not recur or may be non-cash and unrelated to ongoing operations.
What is the company's liquidity position?
As of June 27, 2025, cash, cash equivalents, and marketable securities totaled $1,336.7 million, down from $1,574.1 million at September 27, 2024. Debt was $995.4 million. Year-to-date repurchases of common stock under the stock repurchase program were $830.2 million, and dividends paid were $327.0 million.

04—Continue

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