Skyworks Solutions | 10-Q: FY2025 Q3 Revenue Beats Estimate at USD 965 M

Revenue: As of FY2025 Q3, the actual value is USD 965 M, beating the estimate of USD 940.89 M.

EPS: As of FY2025 Q3, the actual value is USD 0.7, beating the estimate of USD 0.6385.

EBIT: As of FY2025 Q3, the actual value is USD 112 M.

Segment Revenue

• United States: $724.7 million for the three months ended June 27, 2025, compared to $658.5 million for the same period in 2024. For the nine months ended, revenue was $2,295.5 million compared to $2,422.8 million in 2024.
• Taiwan: $75.8 million for the three months ended June 27, 2025, compared to $80.7 million in 2024. For the nine months ended, revenue was $195.6 million compared to $226.1 million in 2024.
• China: $64.6 million for the three months ended June 27, 2025, compared to $75.9 million in 2024. For the nine months ended, revenue was $193.7 million compared to $232.7 million in 2024.
• South Korea: $45.5 million for the three months ended June 27, 2025, compared to $52.9 million in 2024. For the nine months ended, revenue was $140.0 million compared to $158.1 million in 2024.
• Europe, Middle East, and Africa: $44.4 million for the three months ended June 27, 2025, compared to $31.3 million in 2024. For the nine months ended, revenue was $133.1 million compared to $87.6 million in 2024.
• Other Asia-Pacific: $10.0 million for the three months ended June 27, 2025, compared to $6.2 million in 2024. For the nine months ended, revenue was $28.8 million compared to $25.7 million in 2024.

Operational Metrics

• Net Income: $105.0 million for the three months ended June 27, 2025, compared to $120.9 million in 2024. For the nine months ended, net income was $335.7 million compared to $535.5 million in 2024.
• Gross Margin: 41.6% for the three months ended June 27, 2025, compared to 40.2% in 2024. For the nine months ended, gross margin was 41.3% compared to 40.9% in 2024.
• Operating Income: $110.6 million for the three months ended June 27, 2025, compared to $130.4 million in 2024. For the nine months ended, operating income was $389.0 million compared to $578.0 million in 2024.

Cash Flow

• Operating Cash Flow: $1,100.8 million for the nine months ended June 27, 2025, compared to $1,348.6 million in 2024.
• Free Cash Flow: Not explicitly stated, but net cash used in investing activities was - $102.9 million, and net cash used in financing activities was - $1,180.6 million for the nine months ended June 27, 2025.

Future Outlook and Strategy

• Core Business Focus: The company expects revenues to be negatively impacted by a decrease in market share at a significant customer starting in the fourth quarter of fiscal 2025.
• Non-Core Business: No specific plans related to divestitures or emerging segments were mentioned in the provided text.