Results of Operations and Financial Condition · Other Events
Item 2.02 Results of Operations and Financial Condition. The information contained in this Item 2.02 and in the exhibit attached hereto as Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as…
Skyworks® is a global leader in high-performance RF, precision timing, power management and mixed-signal solutions that power the intelligent, connected world. Through deep engineering expertise, Skyworks helps customers address rising complexity and deliver seamless connectivity across smartphones, vehicles, networks and critical infrastructure. From defense and aerospace systems to the connected edge, AI infrastructure and next-generation automotive platforms, Skyworks provides the essential technologies that connect, synchronize and power physical AI, as intelligence moves out of the data center and into the real world. Harnessing decades of technical leadership and trusted partnerships across the technology ecosystem, Skyworks helps the world's leading innovators bring next-generation products and services to market.
Select an item to read the extracted section. The as-filed document remains the primary evidence.
Item 2.02Item 2.02 - Results of Operations
Item 2.02 Results of Operations and Financial Condition.
The information contained in this Item 2.02 and in the exhibit attached hereto as Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
On July 28, 2026, Skyworks Solutions, Inc. (the “Registrant”), issued a press release in which it announced financial results for the three- and nine-month periods ended July 3, 2026. A copy of the press release is attached hereto as Exhibit 99.1.
Item 8.01Item 8.01 - Other Events
Item 8. 01 Other Events.
Dividend
On July 28, 2026, the Registrant announced that its board of directors has decided not to declare any quarterly cash dividends on its common stock going forward.
Stock Repurchase Program
On July 27, 2026, the board of directors of the Registrant authorized a stock repurchase program for the repurchase of up to $2.0 billion of the Registrant’s common stock from time to time through January 31, 2029, on the open market or in privately negotiated transactions, in compliance with applicable securities laws and other legal requirements. This newly authorized stock repurchase program succeeds in its entirety the $2.0 billion stock repurchase program that was approved by the board of directors on February 4, 2025, which has been terminated as of July 27, 2026.
The timing and amount of any repurchases of the Registrant’s common stock under the new stock repurchase program will be determined by the Registrant’s management based on its evaluation of market conditions and other factors. The stock repurchase program may be suspended or discontinued at any time. The Registrant currently expects to fund the stock repurchase program using its working capital.