Filing Flows › Skyworks Solutions (SWKS) › Q2 FY25
Skyworks Solutions (SWKS) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed May 7, 2025
Skyworks Solutions (SWKS) reported revenue of $953M for the second quarter fiscal 2025 (Q2 FY25), -9% from a year earlier and -11% from the quarter before. Operating margin was 10.2%, net earnings $68.7M (7.2% of revenue).
Skyworks Solutions, Q2 FY25: revenue $953M (-9% year over year), operating margin 10.2%, net earnings $68.7M, operating cash flow $409M. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $953M | -11% | -9% |
| Gross profit | $392M | -11% | -7% |
| Operating profit | $97.3M | -46% | -49% |
| Net earnings | $68.7M | -58% | -63% |
| Operating cash flow | $409M | +9% | +36% |
| Free cash flow | $371M | +10% | +36% |
What changed
Revenue was $953.2M in Q2 FY25, down 9% year over year and down 11% from the previous quarter.
Gross margin was 41.1%, up 0.9 points from a year earlier. Operating profit was $97.3M, a 10.2% margin (down 7.9 points year over year). Operating expenses grew 27% against a revenue fall of 9%. The fastest-growing cost line was Research & development (+21%). Net earnings were $68.7M, down 63% year over year. The effective tax rate was 32.9%.
Operating cash flow was $409.4M (up 36% year over year), 596% of net earnings. Non-cash charges added back $114.2M of depreciation and amortization and $62.7M of share-based compensation. Working capital and other items added $163.8M. Capital expenditures of $38.5M left free cash flow of $370.9M.
Questions
What was Skyworks Solutions' revenue in the second quarter fiscal 2025?
Skyworks Solutions (SWKS) reported revenue of $953M for the second quarter fiscal 2025 (Q2 FY25), -9% from a year earlier and -11% from the quarter before.
Was Skyworks Solutions profitable in the second quarter fiscal 2025?
Operating profit was $97.3M (10.2% of revenue) and net earnings $68.7M.
Source: Skyworks Solutions 10-Q on SEC EDGAR.