Skyworks Solutions reported revenue of $1.035 billion for the quarter ended January 2, 2026, representing a year-over-year increase of 4%. On a GAAP basis, the company generated operating income of $104 million and diluted earnings per share of $0.53. Excluding certain items, non-GAAP operating income rose to $252 million, driving adjusted earnings per share of $1.54—beating consensus estimates by 10%. Operating cash flow reached $396 million, while free cash flow totaled $339 million, underscoring robust cash conversion and balance sheet strength.

Skyworks’ Mobile segment outperformed expectations with sustained healthy sell-through in premium Android smartphones, including design wins in next-generation 5G handsets. The Broad Markets segment continued its rapid expansion, contributing 44% of sales and delivering high-single-digit year-over-year growth. Key highlights include advanced Wi-Fi 7 design wins with enterprise and consumer networking customers such as Comcast and TP-Link; expanded automotive connectivity programs with Volkswagen and BYD; the introduction of the industry’s first integrated RF front-end modules for smart home and smart city networks; and new isolation solutions targeting high-voltage AI server power supplies and electric vehicle architectures.

For the second fiscal quarter, management expects revenue in the range of $875 million to $925 million, implying a mid-point decline of roughly 10% sequentially consistent with seasonal trends. Non-GAAP earnings per share are forecast at $1.04 at the midpoint, driven by an anticipated 20% sequential decline in the Mobile segment and flat performance in Broad Markets. The board declared a quarterly cash dividend of $0.71 per share, payable March 17, 2026, to stockholders of record on February 24, 2026, reflecting continued commitment to returning capital to investors.