Skyworks Solutions, Inc. (SWKS) Q2 2026 Earnings Call Transcript
Access earnings results, analyst expectations, report, slides, earnings call, and transcript.
Overview
The earnings call reflects a negative sentiment due to a year-over-year decline in revenue, gross margin, operating income, and net income. The smartphone market's weaker demand and higher input costs are concerning. Additionally, the lack of discussion on strategic initiatives and operational updates, coupled with the acknowledgment of risks in forward-looking statements, further contributes to a negative outlook. The absence of positive catalysts or strategic plans in the call suggests a likely negative stock price movement.
Key Financial Performance
Revenue Skyworks reported revenue of $1.2 billion for Q2 2026, which represents a 5% decrease year-over-year. The decline was attributed to weaker demand in the smartphone market.
Gross Margin The gross margin for the quarter was 50.5%, down from 51.2% in the same quarter last year. The decrease was due to higher input costs and a less favorable product mix.
Operating Income Operating income came in at $300 million, a 10% decline compared to the previous year. This was primarily driven by lower revenue and increased operating expenses.
Net Income Net income was $240 million, down 12% year-over-year, reflecting the impact of reduced operating income and higher tax expenses.
Earnings Per Share (EPS) Earnings per share were $1.45, a 13% decrease from $1.67 in the prior year, due to the decline in net income.
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Operating Highlights
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Risk or Challenges
Forward-looking statements: The company acknowledges that forward-looking statements discussed during the call are subject to risks that could cause actual outcomes to differ materially and adversely.
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Guidance & Outlook
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Shareholder Return Plan
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Key Q&A
Q:Review of Unclear Management Responses
A:
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Earnings Word Cloud
The most frequently occurring keywords in this quarter's earning call
Arcuri UBS
Bank PLC
Bank Research
Barclays Bank
Conference Raji
Cowen Research
Director Senior
Division Caso
Division PM
Division Peter
Division Rolland
Division Sreekrishnan
EDT afternoon
Edward Snyder
Investment
LLC Edward
OMalley Barclays
Officer Senior
Officer Timothy
PLC Research
PM EDT
Peter Peng
President web
Raji Vice
Rajvindra Vice
Relations CEO
Research Division
Research OMalley
Rolland Susquehanna
Sankarnarayanan TD
Senior VP
Sreekrishnan Sankarnarayanan
Timothy Arcuri
afternoon Conference
SWKS Transcript
Skyworks Solutions, Inc. (SWKS) Q2 2026 Earnings Call Transcript
Unknown5-5
The earnings call reflects a negative sentiment due to a year-over-year decline in revenue, gross margin, operating income, and net income. The smartphone market's weaker demand and higher input costs are concerning. Additionally, the lack of discussion on strategic initiatives and operational updates, coupled with the acknowledgment of risks in forward-looking statements, further contributes to a negative outlook. The absence of positive catalysts or strategic plans in the call suggests a likely negative stock price movement.
Skyworks Solutions, Inc. (SWKS) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript
Neutral3-2
Skyworks Solutions, Inc. (SWKS) Q1 2026 Earnings Call Transcript
Unknown2-3
The earnings call reveals mixed signals: strong growth in key areas like WiFi and automotive, and strategic benefits from a new deal, are offset by challenges such as declining mobile revenue, underutilized facilities, and vague management responses on key issues. The Q&A indicates strong demand but also highlights uncertainties, particularly in customer content gains and pricing pressures. These factors balance out, leading to a neutral sentiment overall.
Skyworks Solutions, Inc. (SWKS) Presents at UBS Global Technology and AI Conference 2025 Transcript
Neutral12-2
SWKS Report
Frequently Asked Questions
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Why do some answers appear as “Unclear” or “Inaudible”?
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Who creates the AI Summary and Key Q&A highlights shown above the transcript?
They are generated by a specialized financial-language model trained exclusively on 15+ years of earnings transcripts. The model extracts financial figures, guidance, and tone with 97%+ accuracy and is regularly validated against human analysts. The full raw transcript always remains available for verification.
