Skyworks Solutions stock (US83088M1027): Q2 earnings beat with EPS of $1.15

Skyworks Solutions reported Q2 2026 earnings on May 5, beating EPS estimates by $0.11 at $1.15, though shares fell 7.3% on mixed results and Apple exposure concerns.

Skyworks Solutions released its fiscal Q2 2026 earnings on May 5, 2026, reporting an EPS of $1.15, surpassing the consensus estimate of $1.04 by $0.11, MarketBeat as of May 2026. Despite the beat, the stock dropped 7.3% following the announcement due to mixed results and ongoing reliance on key customer Apple, according to Simply Wall St as of May 2026. The company highlighted a new multiyear Android OEM partnership expected to generate over $1 billion in revenue through 2030.

As of: 11.05.2026

By the editorial team – specialized in equity coverage.

At a glance

• Name: Skyworks Solutions, Inc.
• Sector/industry: Semiconductors
• Headquarters/country: Irvine, California, USA
• Core markets: US, China, Taiwan, South Korea
• Key revenue drivers: Analog semiconductors for mobile, automotive, IoT
• Home exchange/listing venue: Nasdaq (SWKS)
• Trading currency: USD

Skyworks Solutions: core business model

Skyworks Solutions develops, manufactures, and markets analog and mixed-signal semiconductor products for applications in mobile devices, automotive, broadband, health care, and industrial markets. Its portfolio includes amplifiers, front-end modules, switches, and power management solutions used in smartphones, wearables, and infrastructure equipment, Robinhood as of May 2026. The company generates annual revenue of $4.18 billion with net income of $596 million for the latest reported period.

Headquartered in Irvine, California, Skyworks focuses on high-performance connectivity solutions, serving major OEMs in wireless communications. This positions it as a key supplier in the US semiconductor sector, critical for 5G rollout and IoT expansion relevant to American investors tracking tech supply chains.

Main revenue and product drivers for Skyworks Solutions

Mobile handsets remain the primary revenue driver, with significant exposure to Apple, though management is diversifying into automotive, industrial IoT, and Android ecosystems. The recent multiyear Android OEM deal is projected to exceed $1 billion through 2030, per Q2 commentary, Simply Wall St as of May 2026. Products like front-end modules and RF solutions support 5G upgrades.

Annual revenue stood at $4.18 billion as reported in fiscal 2025 filings, with dividends yielding 4.24% attracting income-focused US investors, Robinhood as of May 2026.

Industry trends and competitive position

Skyworks competes with Qualcomm, Qorvo, and NXP in the analog semiconductor space amid rising demand for AI-enabled devices and automotive electrification. Its strong balance sheet and dividend policy differentiate it, with a P/E ratio of 27.76 reflecting growth expectations in diversified markets.

Conclusion

Skyworks Solutions delivered a Q2 EPS beat but faced share price pressure from mixed results and customer concentration risks. Diversification efforts like the Android partnership offer long-term potential, while its Nasdaq listing and US headquarters maintain relevance for American portfolios. Investors monitor upcoming quarters for execution on guidance amid semiconductor cycles.

Disclaimer: This article does not constitute investment advice. Stocks are volatile financial instruments.