Earnings Call
May 5, 2026
Q2 FY2026
EPS Estimate
1.04
EPS Actual
1.15
Post-Earnings Close
$64.97
Earnings Reaction
-10.5%
Skyworks posted a clean beat-and-raise quarter, with revenue of $944 million clearing the high end of guidance by roughly $20 million and EPS of $1.15 coming in $0.05 above the top of the guided range. Both mobile and broad markets outperformed internal expectations, a combination that has become increasingly rare in the RF semiconductor space given the concentration risk inherent in Skyworks' customer base. The largest customer, Apple, still accounted for approximately 60% of revenue, but the quarter's narrative was shaped as much by what is happening at the margins of the portfolio as by the core iPhone relationship.
Report generated on May 6, 2026
AI-generated earnings analysis. Not investment advice.
Chief Executive Officer
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
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