Filing Flows › Skyworks Solutions (SWKS) › Q3 FY26
Skyworks Solutions (SWKS) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Jul 28, 2026
Skyworks Solutions (SWKS) reported revenue of $935M for the third quarter fiscal 2026 (Q3 FY26), -3% from a year earlier and -0.9% from the quarter before. Operating margin was 5.2%, net earnings $33.9M (3.6% of revenue).
Skyworks Solutions, Q3 FY26: revenue $935M (-3% year over year), operating margin 5.2%, net earnings $33.9M, operating cash flow $70.4M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $935M | -0.9% | -3% |
| Gross profit | $375M | -3% | -6% |
| Operating profit | $48.5M | +15% | -56% |
| Net earnings | $33.9M | -5% | -68% |
| Operating cash flow | $70.4M | +40% | -78% |
What changed
Revenue was $934.8M in Q3 FY26, down 3% year over year and down 1% from the previous quarter.
Gross margin was 40.1%, down 1.4 points from Q3 FY25. Operating profit was $48.5M, a 5.2% margin (down 6.3 points year over year). Operating expenses grew 12% against a revenue fall of 3%. The fastest-growing cost line was Other operating costs (+1076%). Net earnings were $33.9M, down 68% year over year. The effective tax rate was 30.5%.
Operating cash flow was $70.4M (down 78% year over year), 208% of net earnings. Non-cash charges added back $116.7M of depreciation and amortization and $53.2M of share-based compensation. Working capital and other items used $133.4M. Capital expenditures of $87.1M exceeded it, leaving free cash flow of −$16.7M.
Questions
What was Skyworks Solutions' revenue in the third quarter fiscal 2026?
Skyworks Solutions (SWKS) reported revenue of $935M for the third quarter fiscal 2026 (Q3 FY26), -3% from a year earlier and -0.9% from the quarter before.
Was Skyworks Solutions profitable in the third quarter fiscal 2026?
Operating profit was $48.5M (5.2% of revenue) and net earnings $33.9M.
Source: Skyworks Solutions 10-Q on SEC EDGAR.