Skyworks Q4 Profit Falls

What happened

Skyworks Solutions reported fourth-quarter net income of $23.4 million, or $0.15 per share, down from $141.4 million, or $0.94 per share, a year earlier. Revenue fell to $1.046 billion from $1.10 billion, while gross margin rose slightly to 40.9 percent.

Confirmed

Global impact / market context

Lower revenue and profit show weaker demand for Skyworks' chips, which can pressure cash available for spending and returns. Higher restructuring and deal-related charges also weigh on results, so investors will focus on whether cost cuts restore profit growth.

Analyst inference

The company guides first-quarter fiscal 2027 revenue to $1.80 billion to $1.90 billion, above the just-reported quarter, signaling expected recovery. It also targets cost synergies from the Qorvo combination, which means merged savings, a key test for future profit per sale.

Analyst inference

What to watch

1. Skyworks expects first-quarter fiscal 2027 revenue of $1.80 billion to $1.90 billion and adjusted earnings per share of about $1.25 at the midpoint. Confirmed
2. The company targets an annualized synergy run rate of $250 million to $300 million by year-end, progressing toward at least $500 million within 24 to 36 months of the Qorvo combination. Proposed
3. Watch whether Skyworks delivers about $150 million in operating expense synergies during fiscal 2027; falling short could keep costs high and limit profit recovery. Analyst inference

Evidence

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