Skyworks Q3 revenue falls to $935 million; ends dividend and sets $2 billion buyback
Skyworks reported fiscal third-quarter 2026 revenue of $935 million, down from $965 million a year earlier, and GAAP diluted EPS of $0.22 versus $0.70. The company said it will stop paying quarterly dividends and authorized a new $2.0 billion stock repurchase program, both tied to its pending Qorvo combination. Shareholders lose a regular cash dividend, and the new buyback program runs through January 31, 2029.
Key points
- Q3 revenue of $935 million vs. $965 million a year earlier; GAAP diluted EPS $0.22 vs. $0.70; non-GAAP diluted EPS $1.08 vs. $1.33
- Board will not declare quarterly cash dividends going forward
- New $2.0 billion repurchase program authorized July 27, 2026, through January 31, 2029; replaces the program approved February 4, 2025, which was terminated
- Fourth-quarter revenue outlook of $1,010 million to $1,060 million; non-GAAP EPS of $1.27 at the revenue midpoint
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:12 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 28, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.