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    Skyworks Solutions Inc (SWKS)

    Financials

    Updated Feb 18, 2025, 5:23 PM UTC
    Income Statement - MetricQ1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Net revenue (USD, millions)1,218.804,772.41,201.51,046.00905.501,025.004,178.01,068.5
    Cost of goods sold (USD, millions)740.702,665.1694.9625.80541.30595.202,457.2626.6
    Gross profit (USD, millions)478.102,107.3506.6420.20364.20429.801,720.8441.9
    Research and development (USD, millions)146.80606.8153.1154.20160.80163.60631.7176.4
    Selling, general, and administrative (USD, millions)73.30314.078.876.7071.2074.10300.882.6
    Amortization of intangibles (USD, millions)3.7033.20.20.300.200.200.90.2
    Restructuring, impairment, and other charges (USD, millions)0.3028.316.2(0.30)1.60132.50150.01.6
    Total operating expenses (USD, millions)224.10982.3248.3230.90233.80370.401,083.4260.8
    Operating income (USD, millions)254.001,125.0258.3189.30130.4059.40637.4181.1
    Interest expense (USD, millions)(12.40)(64.4)(10.0)(7.10)(6.70)(6.90)(30.7)(6.8)
    Other income, net (USD, millions)4.6018.23.410.709.705.9029.716.1
    Income before income taxes (USD, millions)246.201,078.8251.7192.90133.4058.40636.4190.4
    Provision for income taxes (USD, millions)1.4096.020.49.6012.50(2.10)40.428.4
    Net income (USD, millions)244.80982.8231.3183.30120.9060.50596.0162.0
    Basic earnings per share (USD)1.546.171.451.140.750.383.721.01
    Diluted earnings per share (USD)1.526.131.441.130.750.373.691.00
    Weighted average shares basic (Millions of Shares)0.00159.4159.90.200.10(0.10)160.1160.4
    Weighted average shares diluted (Millions of Shares)0.30160.3161.00.300.100.10161.5161.4
    Balance Sheet - Metric (Unit, Scale)Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Current Assets (USD, millions)-3,179.53,086.63,145.53,239.1-3,341.03443.8
    Cash and Cash Equivalents (USD, millions)-718.81,029.71,205.41,263.4-1,368.61602.5
    Accounts Receivable (USD, millions)-864.3659.4615.3607.4-508.8520.0
    Inventory (USD, millions)-1,119.7926.8835.5822.8-784.8699.7
    Non-Current Assets (USD, millions)-5,247.2-----4887.3
    Property, Plant, and Equipment (PP&E) (USD, millions)-1,390.11,342.71,301.41,265.3-1,280.31247.0
    Goodwill (USD, millions)-2,176.72,176.72,176.72,176.7-2,176.72176.7
    Intangible Assets (USD, millions)-1,222.11,162.41,119.51,075.6-900.5884.0
    Current Liabilities (USD, millions)-955.7615.1606.4562.9-602.7579.6
    Accounts Payable (USD, millions)-159.2135.7149.8160.9-171.8147.2
    Short-term Debt (USD, millions)-299.4------
    Accrued Expenses (USD, millions)-94.395.2106.7115.9-127.997.8
    Non-Current Liabilities (USD, millions)-1,388.3-----1350.8
    Long-term Debt (USD, millions)-992.9993.2993.6994.0-994.3994.7
    Lease Liabilities (USD, millions)-188.7191.4196.2187.1-185.9179.0
    Deferred Tax Liabilities (USD, millions)-162.8161.5117.7119.9-127.9128.8
    Shareholders' Equity (USD, millions)-6,082.76,227.26,359.26,336.4-6,336.76400.7
    Retained Earnings (USD, millions)-5,876.05,998.46,072.66,084.4-6,032.96082.4
    Common Stock (USD, millions)-39.940.140.139.9-40.040.2
    Additional Paid-in Capital (USD, millions)-172.4194.4252.2217.8-269.4283.7
    Cash Flow - MetricQ1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Net income (USD, millions)244.80982.8231.3183.30120.9060.50596.0162.0
    Share-based compensation (USD, millions)49.90185.153.346.0042.8038.20180.351.1
    Depreciation (USD, millions)92.00387.864.765.3066.3068.50264.867.6
    Amortization of intangible assets (USD, millions)51.20225.948.145.5046.0046.90186.548.4
    Asset impairment charges (USD, millions)47.5064.516.10.000.70131.10147.90
    Amortization of debt discount and issuance costs (USD, millions)1.104.01.9(0.30)0.400.502.50.5
    Other, net (USD, millions)(1.30)(3.5)(4.4)2.30(4.50)(2.20)(8.8)(3.1)
    Net cash provided by operating activities (USD, millions)365.501,856.4774.9300.30273.40476.101,824.7377.2
    Capital expenditures (USD, millions)(70.10)(210.3)(22.2)(27.60)(24.40)(82.80)(157.0)(39.0)
    Purchased intangibles (USD, millions)(7.00)(25.8)(7.6)(7.60)(5.00)(5.90)(26.1)(9.8)
    Purchases of marketable securities (USD, millions)(6.70)(288.8)(1.1)(10.20)(14.40)(245.20)(270.9)(150.7)
    Sales and maturities of marketable securities (USD, millions)5.00294.03.212.209.9061.2086.5204.9
    Other, investing activities (USD, millions)0.606.54.20.205.901.3011.62.1
    Net cash provided by (used in) investing activities (USD, millions)(78.20)(224.4)(23.5)(33.00)(28.00)(271.40)(355.9)7.5
    Repurchase of common stock - payroll tax withholdings on equity awards (USD, millions)(2.30)(35.9)(32.7)(0.70)(1.00)(1.90)(36.3)(38.3)
    Repurchase of common stock - stock repurchase program (USD, millions)0.00(175.3)---0.00(77.3)-
    Dividends paid (USD, millions)(108.50)(405.2)(108.9)(109.10)(109.10)(112.00)(439.1)(112.5)
    Net proceeds from exercise of stock options (USD, millions)4.105.11.10.000.000.001.10
    Proceeds from employee stock purchase plan (USD, millions)16.6032.1--0.00---
    Payments of debt (USD, millions)(200.00)(900.0)(300.0)0.000.000.00(300.0)0
    Net cash used in financing activities (USD, millions)(290.10)(1,479.2)(440.5)(91.60)(187.40)(99.50)(819.0)(150.8)
    Net increase (decrease) in cash and cash equivalents (USD, millions)(2.80)152.8310.9175.7058.00105.20649.8233.9
    Income taxes paid (USD, millions)51.10228.95.1124.7024.5026.90181.23.3
    Interest paid (USD, millions)13.4062.315.00.3012.400.6028.312.0
    Incentives paid in common stock (USD, millions)0.0019.21.20.000.000.001.20
    Non-cash investing in capital expenditures, accrued but not paid (USD, millions)(8.90)12.07.419.707.200.4034.730.0
    Deferred income taxes (USD, millions)(151.2)(151.2)(2.6)(3.1)(2.2)(108.4)(108.4)(0.5)
    Receivables, net (USD, millions)229.8229.8204.9249.0256.9355.4355.4(11.2)
    Inventory (USD, millions)90.890.8192.2277.7291.5330.4330.486.9
    Accounts payable (USD, millions)(87.1)(87.1)(18.7)(3.4)0.410.410.4(19.9)
    Other current and long-term assets and liabilities (USD, millions)(72.5)(72.5)(11.9)(198.1)(223.7)(132.3)(132.3)(4.6)
    Cash and cash equivalents at beginning of period (USD, millions)566.0566.0718.8718.8718.8718.8718.81,368.6
    Cash and cash equivalents at end of period (USD, millions)718.8718.81,029.71,205.41,263.41,368.61,368.61,602.5
    Operating lease assets obtained in exchange for new lease liabilities (USD, millions)--4.912.614.5--4.0
    Revenue by Geography - in Millions of USDQ1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    United States935.13,603.9969.2795.1658.5779.43,202.2-
    China81.4358.379.976.975.970.7303.4-
    Taiwan92.4344.471.374.180.791.4317.5-
    South Korea58.6198.345.659.752.945.7203.9-
    Europe, Middle East, and Africa40.1204.227.129.231.326.9114.5-
    Other Asia-Pacific11.263.38.411.06.210.936.5-
    Other Americas--------
    Total Americas--------
    Total Asia-Pacific--------
    Total Revenue1,218.84,772.41,201.51,046.0905.51,0254,178.0-