Skyworks Guides First Combined Quarter to $1.80B-$1.90B Revenue, $1.25 EPS
SWKS sits 42% above its 52-week low of $51.93.
Summary
Skyworks reported $1.046B of standalone September-quarter revenue and guided its first combined quarter to $1.80B-$1.90B in revenue and $1.25 non-GAAP EPS, with ~$150M of synergies targeted for fiscal 2027.
Key Events · Earnings and Guidance · SWKS
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First Combined-Company Guidance Issued
Q1 FY2027 revenue is guided to $1.80B-$1.90B, split ~$1.07B legacy Skyworks and ~$780M legacy Qorvo, with non-GAAP diluted EPS of $1.25 on ~241 million diluted shares.
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Combined September Revenue ~$1.98B
Skyworks standalone revenue was $1,046M and Qorvo $937M, the latter including an extra week worth ~$70M; the midpoint guide is down ~7% sequentially, or ~3% excluding that week.
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Synergy Targets Quantified
Management expects ~$150M of opex synergies in fiscal 2027, exiting the year at a ~$250M-$300M annualized run-rate, and $500M+ within 24-36 months of close.
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GAAP Profit Thin, Cash Flow Negative
GAAP diluted EPS was $0.15 versus $1.28 non-GAAP, with $82.1M of restructuring and impairment charges; quarterly free cash flow was negative $61.0M after $94.7M of capex.
Analysis · SWKS · Manufacturing
The December-quarter guide is the number that resets the story for Skyworks as a combined company with Qorvo: revenue of $1.80B-$1.90B at the midpoint, about 7% below combined September revenue (roughly 3% excluding Qorvo's extra week), with non-GAAP EPS of $1.25 on ~241 million diluted shares. Mix matters more than the total — Smartphone falls in the low teens sequentially on Android softness while Diversified Growth Markets grow and clear 40% of sales, which is the diversification thesis the deal was sold on. Management also put hard numbers on synergies for the first time: ~$150M of opex savings in fiscal 2027, exiting the year at a $250M-$300M annualized run-rate toward $500M+. Against that, GAAP results were thin — $0.15 diluted EPS on $1.046B standalone revenue, with $82.1M of restructuring and impairment charges and $66.2M of asset impairments — and free cash flow was negative $61.0M in the quarter as capex ran to $94.7M. The Moody's upgrade to Baa3 investment grade eases the financing overhang from the debt taken on for the deal.
How filings like this one have moved
In the 30 days to Nov 4, 2026, 41.4% of the 1217 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.35%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, SWKS was trading at $73.74 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $20.1B. The 52-week trading range was $51.93 to $92.80. This filing was assessed with neutral market sentiment and an importance score of 8 out of 10.