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Skyworks Solutions Goes All-In On Qorvo To Build An RF Powerhouse!

Skyworks Solutions, Inc. reported third quarter fiscal 2026 revenue of $935 million, exceeding the midpoint of guidance, with non-GAAP diluted earnings per share (EPS) of $1.08, also above expectations by $0.05. Mobile represented 57% of total revenue, buoyed by solid demand from the company’s largest mobile customer and successful new product ramps at a significant Android customer. Broad markets accounted for 43% of sales and grew 8% year-over-year, driven by Wi-Fi, data center, and automotive segments, which collectively grew 15%. These broad market growth drivers are currently supply constrained, limiting the company’s ability to fully satisfy demand. The company noted steady demand overall with lean channel inventories heading into the fall launch season. While mobile experienced sequential growth in the high teens percentage range for the upcoming quarter, broad markets are expected to grow approximately 5% year-over-year, representing about 39% of total sales.