• Reported GAAP EPS of $0.53 down -47.52% YoY • Reported revenue of $1.04B down -3.10% YoY • Skyworks anticipates Q2 FY26 revenue between $875 million and $925 million, with non-GAAP diluted EPS of $1.04 at the midpoint. Mobile is expected to decline 20% sequentially, while Broad Markets remain flat.
Bullish
Skyworks delivered Q1 FY26 results above expectations, driven by strong Broad Markets growth in Wi-Fi 7 and data centers, plus expanded automotive and 5G smartphone deployments.
Bearish
Skyworks faces sequential mobile decline, high reliance on key customers, and risks from economic cycles and increased competition impacting gross margins and market share.