Filing Flows › Skyworks Solutions (SWKS) › Q2 FY26
Skyworks Solutions (SWKS) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed May 5, 2026
Skyworks Solutions (SWKS) reported revenue of $944M for the second quarter fiscal 2026 (Q2 FY26), -1% from a year earlier and -9% from the quarter before. Operating margin was 4.5%, net earnings $35.6M (3.8% of revenue).
Skyworks Solutions, Q2 FY26: revenue $944M (-1% year over year), operating margin 4.5%, net earnings $35.6M, operating cash flow $50.3M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $944M | -9% | -1% |
| Gross profit | $385M | -10% | -2% |
| Operating profit | $42.1M | -59% | -57% |
| Net earnings | $35.6M | -55% | -48% |
| Operating cash flow | $50.3M | -87% | -88% |
What changed
Revenue was $943.7M in Q2 FY26, down 1% year over year and down 9% from the previous quarter.
Gross margin was 40.8%, down 0.3 points from Q2 FY25. Operating profit was $42.1M, a 4.5% margin (down 5.7 points year over year). Operating expenses grew 17% against a revenue fall of 1%. The fastest-growing cost line was SG&A (+36%). Net earnings were $35.6M, down 48% year over year. The effective tax rate was 21.6%.
Operating cash flow was $50.3M (down 88% year over year), 141% of net earnings. Non-cash charges added back $112.3M of depreciation and amortization and $58.0M of share-based compensation. Working capital and other items used $155.6M. Capital expenditures of $82.4M exceeded it, leaving free cash flow of −$32.1M.
Questions
What was Skyworks Solutions' revenue in the second quarter fiscal 2026?
Skyworks Solutions (SWKS) reported revenue of $944M for the second quarter fiscal 2026 (Q2 FY26), -1% from a year earlier and -9% from the quarter before.
Was Skyworks Solutions profitable in the second quarter fiscal 2026?
Operating profit was $42.1M (4.5% of revenue) and net earnings $35.6M.
Source: Skyworks Solutions 10-Q on SEC EDGAR.