Skyworks Q3 FY26 net income drops to $33.6 million; net revenue falls 3.1% to $934.8 million

Reuters2026/07/28 20:49

By:Reuters

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Skyworks Solutions posted fiscal Q3 net revenue of $934.8 million, down 3.1% year over year.
Net income fell to $33.7 million from $104.8 million, while operating income slid to $48.5 million from $110.8 million.
Gross profit decreased 6.5% to $375 million, with gross margin narrowing 1.5 percentage points to 40.1%.
Research and development expense rose 4.2% to $207.8 million, while selling, general and administrative costs climbed 10.5% to $98.7 million.
Skyworks said it is increasingly hopeful its pending cash-and-stock merger with Qorvo will close within the calendar year, with FTC review ongoing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Skyworks Solutions Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000004127-26-000049), on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Skyworks Q3 FY26 net income drops to $33.6 million; net revenue falls 3.1% to $934.8 million

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