Skyworks Reports $944M Q2 Revenue, $1.15 EPS and $1B Android OEM Deal
Skyworks reported Q2 FY2026 revenue of $944 million, GAAP EPS of $0.24 and non-GAAP EPS of $1.15, exceeding guidance at the high end. The company secured a multi-generational Android OEM design win projected to generate over $1 billion through 2030, while Broad Markets segment delivered double-digit year-over-year growth.
1. Q2 Financial Performance
In the second quarter of fiscal 2026, Skyworks generated $944 million in revenue, achieving GAAP diluted EPS of $0.24 and non-GAAP diluted EPS of $1.15, both metrics exceeding the high end of its guidance range.
2. Strategic Android OEM Design Win
The company secured a multi-generational design win with a leading Android device manufacturer, projected to deliver in excess of $1 billion in cumulative revenue through 2030, reinforcing long-term growth visibility.
3. Broad Markets and Mobile Momentum
Broad Markets segment posted double-digit year-over-year growth driven by Wi-Fi, data center, and automotive applications, while the Mobile segment outperformed expectations on healthy demand trends.
4. Q3 Outlook and Dividend Declaration
Skyworks projects third quarter revenue of $900 million to $950 million with non-GAAP EPS of $1.03 at the midpoint, and declared a $0.71 per share cash dividend payable June 16, 2026.