Skyworks Shares Dip 0.16% to 317th in Trading Volume Despite Strong Q3 Earnings and $330M Repurchases

Skyworks Solutions (SWKS) closed 0.16% lower on August 6, 2025, with a trading volume of $0.37 billion, ranking 317th in the market. The stock’s recent performance contrasts with its Q3 fiscal 2025 results, where non-GAAP earnings of $1.33 per share exceeded estimates by 7.26%, and revenue rose 6.6% year-over-year to $965 million. Mobile segment revenue accounted for 62% of total sales, driven by strong sell-through at a major customer and Android product launches. Broad Markets revenue, including automotive and industrial applications, grew 5% YoY. Non-GAAP gross margin expanded 110 basis points to 46.5%, though operating margin contracted 90 bps to 23.3% due to higher R&D and administrative expenses.

The company reported free cash flow of $252.7 million and raised its quarterly dividend by 1% to $0.71 per share. Skyworks also repurchased $330 million in shares during the quarter. For Q4 fiscal 2025, management expects revenue of $1.00 billion to $1.03 billion, with mid-single-digit sequential growth in Mobile and continued strength in Broad Markets. Gross margin guidance is projected at 47% ± 50 bps, while operating expenses are anticipated to range between $235 million and $245 million. Despite robust cash generation, the firm’s cash reserves declined to $1.34 billion from $1.53 billion in the prior quarter.

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