Skyworks Solutions Inc.
Skyworks Announces Q3 2026 Results and New $2B Stock Repurchase Program
Summary
Skyworks Solutions, Inc. reported solid third-quarter fiscal year 2026 results with revenue of $935 million, GAAP diluted EPS of $0.22, and non-GAAP diluted EPS of $1.08. The company also announced a new stock repurchase program authorizing up to $2.0 billion of its common stock, replacing the previous program. Additionally, Skyworks decided not to declare any quarterly cash dividends going forward. The company expects to fund the repurchase program using its working capital.
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About Skyworks Solutions Inc.
Skyworks Solutions Inc. is a technology company that specializes in designing and manufacturing high-performance semiconductor solutions. Its primary function is to provide integrated circuits used in wireless communications. Skyworks Solutions plays a critical role in enabling connectivity across a multitude of devices and technologies, impacting industries such as mobile, automotive, home automation, and smart technology. The company is renowned for its radio frequency and analog semiconductors, which are essential components in modern telecommunications, including the infrastructure for 5G networks and Internet of Things (IoT) applications. Skyworks Solutions is significant in the market due to its broad portfolio of products that facilitate enhanced wireless networking capabilities, contributing to the seamless integration of advanced technology into everyday life.
Official SEC Documents
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