SKYWORKS SOLUTIONS, INC.

SWKS 10-K · Q4 2025

SWKS Q4 2025 request

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Income Statement

Income Statement
Metric Q4 2025 Q4 2024 YoY
Revenue 1,100.2 1,025 +7.3%
Show Contract With Customer Sales Channel breakouts
Sales Channel Directly To Consumer 164.8 147.4 +11.8%
Sales Channel Through Intermediary 935.4 877.6 +6.6%
Gross Profit 447.5 429.8 +4.1%
Research & Development 223.1 163.6 +36.4%
Selling, General & Administrative 111.6 74.1 +50.6%
Amortization Of Intangible Assets Operating Expenses 0.2 0.2 0.0%
Operating Expenses 336.5 370.4 -9.2%
Operating Income 111 59.4 +86.9%
Interest Expense -6.9 -6.9 -0.0%
Other Non-Operating Income (Expense) 17.9 5.9 +203.4%
Income Before Taxes 122 58.4 +108.9%
Income Tax Expense (Benefit) -19.4 -2.1 -823.8%
Net Income 141.4 60.5 +133.7%
EPS (Basic) 0.94 0.38 +147.4%
EPS (Diluted) 0.94 0.37 +154.1%
Wtd Avg Shares (Basic) -1.9 -0.1 -1800.0%
Wtd Avg Shares (Diluted) -1.8 0.1 -1900.0%
Common Stock Dividends Per Share Declared 0.71 0.7 +1.4%
Revenue 1,100.2 1,025 +7.3%
Show Geography breakouts
CN 60.5 70.7 -14.4%
EMEA 52.7 26.9 +95.9%
KR 50.1 45.8 +9.4%
Other Asia-Pacific 11.8 10.8 +9.3%
TW 63.5 91.4 -30.5%
US 861.6 779.4 +10.5%
Comprehensive Income 142 60.6 +134.3%

Balance Sheet

Balance Sheet
Metric Q4 2025 Q4 2024 YoY
Current Assets
Cash & Cash Equivalents 1,161.3 1,368.6 -15.1%
Marketable Securities (Current) 212.9 194.1 +9.7%
Receivables Net Current 598.1 508.8 +17.6%
Inventory 754.7 784.8 -3.8%
Other Assets Current 350 484.7 -27.8%
Total Current Assets 3,077 3,341 -7.9%
Non-Current Assets
Property, Plant & Equipment 1,194.6 1,280.3 -6.7%
Show Geography breakouts
JP 461 526.1 -12.4%
MX 264 244.2 +8.1%
Rest of world 27.8 25.1 +10.8%
SG 215 250.2 -14.1%
US 226.8 234.7 -3.4%
Operating Lease Right-of-Use Assets 192.4 191.6 +0.4%
Goodwill 2,176.7 2,176.7 0.0%
Deferred Tax Assets 375.6 303.5 +23.8%
Show Balance Sheet Location breakouts
Other Noncurrent Assets 375.6 303.5 +23.8%
Marketable Securities (Non-Current) 14.2 11.4 +24.6%
Other Non-Current Assets 77.5 78.3 -1.0%
Total Assets 7,917 8,283.3 -4.4%
Intangible Assets (Q)
Show Finite Lived Intangible Assets By Major Class breakouts
Developed Technology Rights 718 838.9 -14.4%
In Process Research And Development 2.8 35.4 -92.1%
Licensing Agreements 88.2 26.2 +236.6%
Other Assets
Intangible Assets Net Excluding Goodwill 809 900.5 -10.2%
Current Liabilities
Accounts Payable 236 171.8 +37.4%
Employee Related Liabilities Current 180.7 127.9 +41.3%
Debt Current 499.4
Other Liabilities Current 407.1 303 +34.4%
Total Current Liabilities 1,323.2 602.7 +119.5%
Non-Current Liabilities
Long-Term Debt 496.4 994.3 -50.1%
Deferred Income Taxes And Other Tax Liabilities Noncurrent 85.7 127.9 -33.0%
Operating Lease Liabilities 170.5 185.9 -8.3%
Other Non-Current Liabilities 84.1 35.8 +134.9%
Total Liabilities 2,159.9 1,946.6 +11.0%
Deferred Tax Liabilities (Q)
Show Balance Sheet Location breakouts
Other Noncurrent Liabilities -28.1 -11.9 -136.1%
Stockholders' Equity
Common Stock 37.2 40 -7.0%
Additional Paid In Capital Common Stock 68.1 269.4 -74.7%
Retained Earnings 5,656.9 6,032.9 -6.2%
Accumulated Other Comprehensive Income -5.1 -5.6 +8.9%
Total Stockholders' Equity 5,757.1 6,336.7 -9.1%
Show Equity Components breakouts
Accumulated Other Comprehensive Income -5.1 -5.6 +8.9%
Additional Paid In Capital 68.1 269.4 -74.7%
Common Stock 37.2 40 -7.0%
Retained Earnings 5,656.9 6,032.9 -6.2%
Total Liabilities & Equity 7,917 8,283.3 -4.4%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q4 2025 YTD Q4 2024 YoY
Operating Activities
Stock-Based Compensation 63.5 38.2 +66.2%
Depreciation 72.4 68.5 +5.7%
Amortization Of Intangible Assets Including Inventory Step Up 44.5 46.9 -5.1%
Deferred Income Taxes And Tax Credits -76.9 -106.2 +27.6%
Amortization Of Financing Costs And Discounts 0.4 0.5 -20.0%
Other Non-Cash Items -5.8 -2.2 -163.6%
Increase Decrease In Receivables -201.9 98.5 -305.0%
Change in Inventory -43.4 38.9 -211.6%
Change in Accounts Payable 34.5 10 +245.0%
Net Cash from Operations 200 476.1 -58.0%
Investing Activities
Capital Expenditures -56 -82.8 +32.4%
Payments To Acquire Intangible Assets -5.8 -5.9 +1.7%
Payments To Acquire Marketable Securities -217.6 -245.2 +11.3%
Other Investing Activities 3.9 1.3 +200.0%
Net Cash from Investing -131.1 -271.4 +51.7%
Financing Activities
Tax Withholding for Share Compensation -1 -1.9 +47.4%
Share Repurchases 0 0
Payments Of Ordinary Dividends -105.6 -112 +5.7%
Proceeds From Issuance Of Common Stock 13.1 14.4 -9.0%
Net Cash from Financing -93.5 -99.5 +6.0%
Supplemental
Income Taxes Paid 9.6 26.9 -64.3%
Interest Paid 0.7 0.6 +16.7%
Purchased Intangibles Accrued But Not Yet Paid -7.9 -16.7 +52.7%
Unpaid Capital Expenditures -1.4 0.4 -450.0%
Other Cash Flow
Net Change in Cash -24.6 105.2 -123.4%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 1,161.3 1,368.6 -15.1%

Values in millions USD. Source: SEC EDGAR 10-K filing.

This table is rendered from the same JSON returned by /api/financials.

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