Skyworks Q4 Earnings Beat Estimates, Revenues Decline Y/Y
Skyworks (SWKS) reported Q4 fiscal 2026 non-GAAP EPS of $1.28, down 27.3% Y/Y but beating estimates. Revenue fell 5% Y/Y to $1.05B, also topping forecasts. Broad markets grew 9% Y/Y to $416M, driven by data center, Wi-Fi, and automotive. Mobile revenues benefited from strong smartphone demand. The company completed its Qorvo deal post-quarter, with combined revenues of $1.98B. Margins shrank due to cost pressures.
How this was made
The 30-second read
Why it matters
Earnings beat provides short‑term support, but revenue decline and margin pressure suggest caution.
Market read
Earnings release is the primary catalyst for SWKS; sector peers may be influenced by the diversification narrative.
What to watch
Cost‑saving synergies from the Qorvo integration may improve margins in the coming quarters.
Background
Skyworks completed its Qorvo combination in Oct 2026 and now reports standalone Q4 results.
Ticker impact
Q4 2026 earnings beat EPS estimate but revenue fell 5% YoY; guidance for Q1 2027 provided.
likely slight pressure as investors weigh revenue decline against EPS beat
EPS beat of 0.79% over consensus is modest, while revenue miss and higher costs could weigh on the stock.
Market effects
Broad market RF front‑end demand remains strong, supporting other semiconductor peers.
North American semiconductor sector may see modest volatility after the report.
Limited to the RF component niche; no broad macro impact.
Counterpoint
Despite revenue miss, the company's diversification into data center and automotive could drive upside.
Key entities
- companySkyworks Solutions, Inc.
RF component manufacturer reporting Q4 2026 results.
