Skyworks Solutions, Inc. reported revenue of $1.035 billion for the first fiscal quarter of 2026, with GAAP diluted EPS of $0.53 and non-GAAP diluted EPS of $1.54. Operating cash flow was $396 million, and free cash flow was $339 million. The company outperformed expectations for the fourth consecutive quarter, with growth in mobile and Broad Markets.

In the first fiscal quarter of 2026, Skyworks secured advanced Wi-Fi 7 design wins, expanded automotive connectivity programs, and strengthened its 5G position in premium Android smartphones. They also introduced industry-first RF front-end modules and isolation solutions for smart home, smart city, and high-voltage AI server power supply applications.

For the second fiscal quarter of 2026, Skyworks anticipates revenue of $875 million to $925 million, with non-GAAP diluted EPS of $1.04 at the mid-point of the revenue range. Mobile is expected to decline approximately 20% sequentially, while Broad Markets should be flat, representing 44% of sales.

Skyworks’ board of directors declared a cash dividend of $0.71 per share, payable on Mar. 17, 2026. The company will host a conference call on Feb. 3, 2026, to discuss its first fiscal quarter 2026 results and business outlook. Skyworks is a leading developer, manufacturer, and provider of analog and mixed-signal semiconductors for various applications across different industries. Skyworks Solutions, Inc. reported revenue of $1.035 billion, GAAP diluted EPS of $0.53, and Non-GAAP diluted EPS of $1.54. Operating cash flow was $396 million, with free cash flow at $339 million. The company acknowledged risks such as delays in 5G network deployment, fluctuations in stock price, and geopolitical conditions affecting operations. Skyworks remains committed to innovation and growth. Skyworks Solutions reported revenue of $1.035 billion with GAAP diluted EPS of $0.53 and non-GAAP diluted EPS of $1.54. Operating cash flow was $396 million and free cash flow was $339 million. The company uses non-GAAP financial measures to evaluate performance, compare with peers, and make operating decisions, providing investors with insight into ongoing business operations. Non-GAAP measures exclude certain expenses and items to enhance transparency and clarity. Share-based compensation, acquisition-related expenses, and restructuring charges are excluded from non-GAAP calculations due to their impact on comparability and ongoing operations. The company uses a normalized tax rate of 10% for non-GAAP tax calculations to align with historical averages. Non-GAAP financial measures should not be considered in isolation and should be reviewed alongside GAAP measures. Investors are advised to carefully consider the adjustments made to arrive at non-GAAP financial figures. Skyworks Solutions, Inc. reported revenues of $1.035 billion, with GAAP diluted EPS of $0.53 and non-GAAP diluted EPS of $1.54. Operating cash flow was $396 million, and free cash flow was $339 million. They caution that non-GAAP financial measures may have limited value for analytical purposes. The company is unable to provide a reconciliation for forward-looking estimates due to uncertainties. The expenses recognized for share-based compensation were detailed in a table, totaling $57.7 million for the quarter. The unaudited condensed consolidated balance sheet showed total assets of $7,867.9 million and liabilities and equity of the same amount for January 2, 2026. The unaudited consolidated statements of cash flows for the same period showed a net cash provided by operating activities of $395.5 million.

Read more at GlobeNewswire: Skyworks Delivers Strong Q1 FY26 Performance Driven by