Skyworks reports Q4 results and post‑Qorvo guidance that miss consensus
Skyworks Solutions posted fourth‑quarter 2026 revenue of $1.046 billion, GAAP EPS of $0.15 and non‑GAAP EPS of $1.28. The company announced the Qorvo combination closed after the quarter and projected combined December‑quarter revenue of $1.8‑$1.9 billion with non‑GAAP EPS of $1.25. It also reaffirmed a target of at least $500 million in annual cost synergies and a 50%‑55% gross‑margin goal within 24‑36 months.
Why it matters
Shares fell 13%‑16% after hours because the December‑quarter revenue and EPS guidance were below analyst consensus. The guidance sets the revenue range and EPS target investors will use to model the combined company's near‑term performance.
Key facts
- 1Q4 2026 revenue was $1.046 billion. stocktitan.net
- 2GAAP diluted EPS for Q4 was $0.15. stocktitan.net
- 3Non‑GAAP diluted EPS for Q4 was $1.28. stocktitan.net
- 4The company expects combined December‑quarter revenue of $1.8 billion‑$1.9 billion. finance.biggo.com
- 5The company expects non‑GAAP diluted EPS of $1.25 for the December quarter. finance.biggo.com
- 6Skyworks targets at least $500 million in annual cost synergies from the Qorvo combination. stocktitan.net
Summary written by AlphAI AI Desk from 20 of 28 sources. Not investment advice. Figures are as stated by the linked sources.