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.
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