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Mar 28

Skyworks Q2 2025 Earnings Report

Skyworks reported Q2 2025 results with $953 million in revenue, supported by strong cash flow generation and strategic customer engagements despite market headwinds.

Key Takeaways

Skyworks delivered Q2 2025 revenue of $953 million with GAAP EPS of $0.43 and non-GAAP EPS of $1.24, driven by a diversified portfolio and disciplined execution.

Generated $410 million in cash flow from operations with a 43% margin.

Returned over $600 million to shareholders via share repurchases and dividends.

Posted non-GAAP operating income of $222 million and non-GAAP EPS of $1.24.

Strong design win momentum across 5G, automotive, and Wi-Fi 7 markets.

Total Revenue
$953M
Previous year: $1.05B
-8.9%
EPS
$1.24
Previous year: $1.55
-20.0%
Cash Flow from Operations
$410M
Gross Profit
$392M
Previous year: $420M
-6.8%
Cash and Equivalents
$1.39B
Previous year: $1.22B
+13.6%
Free Cash Flow
$371M
Previous year: $273M
+36.1%
Total Assets
$7.89B
Previous year: $8.31B
-5.1%

Skyworks

Skyworks

Forward Guidance

Skyworks expects Q3 2025 revenue between $920M–$960M and non-GAAP EPS of $1.24, driven by stable mobile trends and growth in Broad Markets.

Positive Outlook

  • Revenue guidance range of $920M–$960M with EPS of $1.24 midpoint.
  • Continued sequential growth expected in Broad Markets segment.
  • Strong customer design wins across multiple segments.
  • Operational discipline supporting profitability.
  • Dividend continuity reflecting financial stability.

Challenges Ahead

  • Mobile segment expected to decline low single digits sequentially.
  • Exposure to macroeconomic volatility and geopolitical risks.
  • Customer inventory dynamics may influence order timing.
  • Limited visibility in certain end markets.
  • Ongoing pricing pressures in competitive semiconductor markets.