Skyworks Solutions reports Q1 gross profit of USD 427.2 million, down 3.3%

Reuters
02/06
Skyworks Solutions reports Q1 gross profit of USD 427.2 million, down 3.3%

Skyworks Solutions reported net revenue of USD 1.04 billion for the first quarter ended January 2, 2026. Gross profit margin stood at 41.3 percent of net revenue, while cost of goods sold represented 58.7 percent of net revenue for the period. The company's cash, cash equivalents, and marketable securities balance increased to USD 1.57 billion as of quarter end. The quarter's results were influenced primarily by a decrease in market share at a significant customer, which was partially offset by increased demand for Wi-Fi products. Skyworks also referenced ongoing developments related to a proposed transaction with Qorvo and noted that further information on associated risks is available in its 2025 annual report.

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: 0000004127-26-000008), on February 05, 2026, and is solely responsible for the information contained therein.

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