Citable filing context
SWKS's research view summarizes recent SEC filing context, starting with debt_offering from Aug 10, 2026.
| Filed | Item | Context |
|---|---|---|
| Aug 10, 2026 | debt_offering | Skyworks Solutions issued $2.0 billion in senior notes to finance the $3.0 billion acquisition of Qorvo, Inc. |
| Aug 3, 2026 | acquisition | Skyworks is acquiring Qorvo in a merger transaction where Qorvo shareholders receive 0.960 Skyworks shares and $32.50 cash. |
| Aug 3, 2026 | acquisition | Skyworks Solutions provided an update on its pending merger with Qorvo, noting the expiration of HSR waiting periods. |
| Jul 28, 2026 | Guidance: non_gaap_diluted_eps | not reported to not reported |
| Jul 28, 2026 | Guidance: revenue | 1010.00 to 1060.00 |
| Feb 3, 2026 | Guidance: non_gaap_diluted_eps | not reported to not reported |
| Jul 28, 2026 | mda_quarterly | Skyworks Solutions reported net revenue of $934.8 million for the quarter ended July 3, 2026, a 3.1% decline from the prior-year period. This contraction was primarily driven by a loss of market share at a significant customer, though this was partially mitigated by increased demand for automotive, data center, and Wi-Fi products. Gross profit margin compressed to 40.1% from 41.6% due to an unfavorable product mix, while operating income fell significantly to 5.2% of revenue, impacted by higher research and development spending and restructuring charges related to facility consolidations. The company is currently navigating a pending $22 billion cash-and-stock merger with Qorvo. Both companies have received and certified compliance with a "Second Request" from the FTC, and stockholders have already approved the transaction. Skyworks has secured $1.5 billion in bridge financing and is actively managing the exchange of Qorvo’s senior notes. Liquidity remains a focus, with cash and marketable securities declining to $813.8 million, largely due to $500 million in debt repayments, $106.9 million in dividends, and $87.1 million in capital expenditures. Management maintains that existing cash, operational cash flow, and a $750 million undrawn revolving credit facility are sufficient to meet ongoing capital requirements. |
| May 5, 2026 | mda_quarterly | Net revenue for the three months ended April 3, 2026, decreased 1.0% to $943.7 million, primarily driven by a loss of market share at a significant customer, partially offset by increased demand for Wi-Fi products. Gross profit declined 1.6% to $385.3 million, reflecting an unfavorable product mix despite higher unit volumes. Operating expenses increased as R&D spending rose to support new technology development and SG&A costs climbed due to professional fees associated with the pending Qorvo merger. Skyworks is executing a $22 billion cash-and-stock merger with Qorvo, anticipated to close in early 2027. Although stockholders approved the deal in February 2026, the U.S. Federal Trade Commission issued a Second Request for information, extending the regulatory review period. To finance the transaction, the company secured a $1.5 billion senior unsecured bridge loan commitment from Goldman Sachs. As of April 3, 2026, liquidity stood at $1.44 billion in cash and marketable securities. Quarterly cash outflows were driven by $106.8 million in dividend payments and $82.3 million in capital expenditures, while operating cash flow contributed $50.3 million. |
Source: SEC EDGAR filing text and events; period Aug 10, 2026; filed Aug 10, 2026.
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