SWKSSkyworks Solutions

Technology · Semiconductors · Nasdaq

Headquarters: Irvine, CA
CEO: Philip G. Brace
Next results: around Feb 2, 2027

The biggest changes in the 10-K filed 2025-11-07, this fiscal year against the last, and the sentences in the MD&A (Item 7) where management explains them, quoted word for word. Tickdelta picks sentences that name the line, a direction and a cause. It does not write explanations of its own.

Operating margin

15.3% → 12.2% (-3.0 pts) Big change FY to 2025-10-03 vs 2024-09-27

“The increase in research and development expenses in fiscal 2025, as compared to fiscal 2024, was primarily related to increases in headcount-related expenses, including share-based compensation and costs for engineering prototypes as a result of our increased investment in developing new technologies and products.”
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Cash from operations

-28.7% Big change FY to 2025-10-03 vs 2024-09-27

“The $523.9 million decrease in cash provided by operating activities for fiscal 2025, as compared to fiscal 2024, was primarily related to a decrease in working capital of $370.7 million, due primarily to inventory and accounts receivable, and lower net income.”
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Net income

-19.9% Big change FY to 2025-10-03 vs 2024-09-27

“The increase in other income, net in fiscal 2025, as compared to fiscal 2024, was primarily due to an increase in interest income generated from cash, cash equivalents, and marketable securities.”
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Revenue

-2.2% FY to 2025-10-03 vs 2024-09-27

“Net revenue decreased 2.2% to $4,086.9 million in fiscal 2025, as compared to $4,178.0 million in fiscal 2024, driven primarily by a decrease in market share at a significant customer, partially offset by an increase in demand for our mobile and Wi-Fi products.”
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“The decrease in net revenue in fiscal 2025, as compared to fiscal 2024, was driven primarily by a decrease in market share at a significant customer, partially offset by an increase in demand for our mobile and Wi-Fi products.”
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Gross margin

41.2% → 41.2% (-0.0 pts) FY to 2025-10-03 vs 2024-09-27

“The decrease in gross profit in fiscal 2025, as compared to fiscal 2024, was primarily the result of unfavorable product mix, lower average selling prices, and an increase in costs associated with facility consolidation and closure, partially offset by higher unit volumes.”
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Changes are computed from the XBRL figures in the same 10-K. Hover a number to see the line item. Open the 10-K ↗

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