Skyworks Solutions Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.09B | $4.18B | $4.77B | $5.49B | $5.11B | $3.36B | $3.38B | $3.87B |
| Cost of Revenue | $2.40B | $2.46B | $2.67B | $2.88B | $2.60B | $1.74B | $1.77B | $1.92B |
| Gross Profit | $1.68B | $1.72B | $2.11B | $2.60B | $2.51B | $1.61B | $1.60B | $1.95B |
| Gross Margin | 41.2% | 41.2% | 44.2% | 47.5% | 49.2% | 48.1% | 47.5% | 50.4% |
| Operating Expenses | ||||||||
| Research & Development | $785.5M | $631.7M | $606.8M | $617.9M | $532.3M | $464.1M | $424.1M | $404.5M |
| SG&A Expense | $371.5M | $300.8M | $314.0M | $329.8M | $322.5M | $231.4M | $198.3M | $207.8M |
| Operating Income | $500.0M | $637.4M | $1.13B | $1.53B | $1.61B | $891.8M | $952.0M | $1.32B |
| Operating Margin | 12.2% | 15.3% | 23.6% | 27.8% | 31.6% | 26.6% | 28.2% | 34.1% |
| Interest Expense | $27.1M | $30.7M | $64.4M | $47.9M | $-13.4M | $0 | $0 | — |
| Pretax Income | $526.7M | $636.4M | $1.08B | $1.48B | $1.60B | $891.7M | $961.0M | $1.33B |
| Income Tax Expense | $49.6M | $40.4M | $96.0M | $201.4M | $100.4M | $76.9M | $107.4M | $413.7M |
| Net Income | $477.1M | $596.0M | $982.8M | $1.28B | $1.50B | $814.8M | $853.6M | $918.4M |
| Net Margin | 11.7% | 14.3% | 20.6% | 23.2% | 29.3% | 24.3% | 25.3% | 23.7% |
| EPS (Basic) | $3.09 | $3.72 | $6.17 | $7.85 | $9.07 | $4.84 | $4.92 | $5.06 |
| EPS (Diluted) | $3.08 | $3.69 | $6.13 | $7.81 | $8.97 | $4.80 | $4.89 | $5.01 |
| Shares Outstanding (Basic) | 154.4M | 160.1M | 159.4M | 162.4M | 165.2M | 168.5M | 173.5M | 181.3M |
| Shares Outstanding (Diluted) | 155.1M | 161.5M | 160.3M | 163.3M | 167.0M | 169.9M | 174.5M | 183.2M |
| Dividends Per Share | $2.81 | $2.74 | $2.54 | $2.30 | $2.06 | $1.82 | $1.58 | $1.34 |