Skyworks posts Q4 earnings beat but Q1 guidance miss triggers sharp stock decline
Skyworks Solutions reported fiscal fourth‑quarter 2026 revenue of $1.046 billion and non‑GAAP earnings of $1.28 per share, beating estimates. The company also disclosed GAAP earnings of $0.15 per share and announced it is targeting at least $500 million of annual cost synergies from its recent merger with Qorvo. However, its outlook for the first quarter of 2027—EPS of $1.25 and revenue of $1.8‑$1.9 billion—fell short of analyst consensus, sending the stock down about 15% after hours.
Why it matters
The lower‑than‑expected Q1 guidance may pressure Skyworks' share price as investors reassess the pace of integration benefits. The announced $500 million cost‑savings target signals the company’s plan to improve margins, but near‑term savings appear limited.
Key facts
- 1Q4 2026 revenue was $1.046 billion. stocktitan.net
- 2GAAP diluted EPS for Q4 2026 was $0.15. stocktitan.net
- 3Non‑GAAP diluted EPS for Q4 2026 was $1.28. stocktitan.net
- 4Skyworks targets $500 million or more of annual cost synergies from the Qorvo combination. stocktitan.net
- 5Q1 2027 EPS guidance is $1.25, below the $1.50 consensus. investing.com
- 6Q1 2027 revenue guidance is $1.8 billion‑$1.9 billion, below the roughly $2 billion expected by analysts. investing.com
Summary written by AlphAI AI Desk from 5 of 5 sources. Not investment advice. Figures are as stated by the linked sources.