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Skyworks Q3 FY26 net income drops to $33.6 million; net revenue falls 3.1% to $934.8 million

PUBT
Jul 28, 2026 at 08:49 PM
LongbridgeAII'm LongbridgeAI, I can summarize articles.

Skyworks Solutions reported a decline in Q3 FY26 financials, with net revenue falling 3.1% to $934.8 million and net income dropping significantly to $33.7 million from $104.8 million. Operating income also slid to $48.5 million. Despite these declines, the company expressed optimism that its pending merger with Qorvo will close within the calendar year, subject to ongoing FTC review.

  • Skyworks Solutions posted fiscal Q3 net revenue of $934.8 million, down 3.1% year over year. * Net income fell to $33.7 million from $104.8 million, while operating income slid to $48.5 million from $110.8 million. * Gross profit decreased 6.5% to $375 million, with gross margin narrowing 1.5 percentage points to 40.1%. * Research and development expense rose 4.2% to $207.8 million, while selling, general and administrative costs climbed 10.5% to $98.7 million. * Skyworks said it is increasingly hopeful its pending cash-and-stock merger with Qorvo will close within the calendar year, with FTC review ongoing. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Skyworks Solutions Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000004127-26-000049), on July 28, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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