Filing Flows › Skyworks Solutions (SWKS) › Q1 FY26
Skyworks Solutions (SWKS) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Feb 5, 2026
Skyworks Solutions (SWKS) reported revenue of $1.0B for the first quarter fiscal 2026 (Q1 FY26), -3% from a year earlier and -6% from the quarter before. Operating margin was 10.0%, net earnings $79.2M (7.6% of revenue).
Skyworks Solutions, Q1 FY26: revenue $1.0B (-3% year over year), operating margin 10.0%, net earnings $79.2M, operating cash flow $396M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.0B | -6% | -3% |
| Gross profit | $427M | -5% | -3% |
| Operating profit | $104M | -6% | -43% |
| Net earnings | $79.2M | -44% | -51% |
| Operating cash flow | $396M | +98% | +5% |
| Free cash flow | $339M | +135% | +0.2% |
What changed
Revenue was $1.0B in Q1 FY26, down 3% year over year and down 6% from the previous quarter.
Gross margin was 41.3%, down 0.1 points from a year earlier. Operating profit was $0.10B, a 10.0% margin (down 6.9 points year over year). Operating expenses grew 24% against a revenue fall of 3%. The fastest-growing cost line was Other operating costs (+544%). Net earnings were $0.08B, down 51% year over year. The effective tax rate was 27.8%.
Operating cash flow was $0.40B (up 5% year over year), 499% of net earnings. Non-cash charges added back $0.12B of depreciation and amortization and $0.06B of share-based compensation. Working capital and other items added $0.14B. Capital expenditures of $0.06B left free cash flow of $0.34B.
Questions
What was Skyworks Solutions' revenue in the first quarter fiscal 2026?
Skyworks Solutions (SWKS) reported revenue of $1.0B for the first quarter fiscal 2026 (Q1 FY26), -3% from a year earlier and -6% from the quarter before.
Was Skyworks Solutions profitable in the first quarter fiscal 2026?
Operating profit was $104M (10.0% of revenue) and net earnings $79.2M.
Source: Skyworks Solutions 10-Q on SEC EDGAR.