Skyworks Solutions reported third fiscal quarter 2026 revenue of $935 million, with GAAP diluted EPS of $0.22 and non-GAAP diluted EPS of $1.08. The company announced a new $2.0 billion stock repurchase program authorized through January 31, 2029, replacing the prior terminated authorization. Concurrently, the board decided to discontinue quarterly cash dividends on common stock to redirect capital toward share repurchases, debt deleveraging, and potential M&A in conjunction with its pending combination with Qorvo. Skyworks anticipates raising approximately $2 billion in acquisition debt financing for the transaction and provided fourth quarter revenue guidance of $1.01 billion to $1.06 billion. Skyworks Solutions is a leading developer and manufacturer of analog and mixed-signal semiconductors for applications including automotive, data center, and mobile devices.
