Skyworks Solutions has reported its financial results for the first quarter of fiscal year 2026 (ending January 2, 2026). The company generated $1.035 billion in revenue during the quarter. After accounting for all expenses, Skyworks reported earnings of $0.53 per share under standard accounting rules (GAAP). When excluding certain one-time or special items (non-GAAP), earnings were $1.54 per share.
CEO Phil Brace said the company performed better than expected for the fourth quarter in a row. Growth was driven mainly by its mobile business, supported by strong product demand and solid execution. The company’s Broad Markets segment - which includes products for Wi-Fi 7, data centers, and cloud infrastructure - also continued to grow.
First fiscal quarter business highlights included:
- Advanced Wi-Fi 7 design wins supporting enterprise access points, networking, and home connectivity platforms with customers including Comcast, Verizon, TP-Link, and others.
- Expanded automotive connectivity programs, broadening in-vehicle infotainment and 5G module deployments with Volkswagen, BYD, and other OEMs.
- 5G deployments in premium Android smartphones, including Samsung’s Galaxy S26 and others.
- Introduction of integrated Wi-SUN/LoRaWAN RF front-end modules (FEM) for smart home and smart city applications.
- Introduction of isolation solutions for high-voltage AI server power supplies and EV architectures.
Looking ahead to the next quarter (ending March 2026), Skyworks expects revenue between $875 million and $925 million, with projected non-GAAP earnings of about $1.04 per share at the midpoint.
The company expects its Mobile business to decline by around 20% compared to the previous quarter, which management says is normal seasonal behavior. The Broad Markets segment is expected to remain steady, making up about 44% of total sales, and is projected to grow by high single digits compared to the same period last year.
Skyworks also announced a cash dividend of $0.71 per share, which will be paid on March 17, 2026, to shareholders recorded as of February 24, 2026.
Click here to learn more about the Skyworks Solutions.
