SWKS · Skyworks Solutions Q3 FY2026 earnings call record财报电话会记录

“Revenue of $935 million and non-GAAP diluted earnings per share of $1.08, $0.05 above the midpoint.”

“Our three growth engines, Wi-Fi, data center and automotive, again represented nearly 2/3 of our broad markets business and collectively grew 15% year-over-year.”

“We're engaged with leading customers on two fronts: high-speed connectivity as the industry moves to 800 Gb and 1.6 Tb platforms, and power as it shifts to 400 and 800 volt HVDC architectures.”

“Broad markets represented 43% of sales and grew 8% year-over-year, led by strong double-digit growth in data center and automotive.”

“Gross profit was $420 million, with gross margin of approximately 45%, in line with our guidance.”

“Turning to the balance sheet, we ended the quarter with approximately $814 million in cash and investments and $497 million of debt, having retired $500 million of notes that came due during the quarter.”

“For the fourth quarter of fiscal 2026, we expect revenue in the range of $1.01 billion-$1.06 billion.”

“We expect mobile to grow sequentially in the high teens range, supported by the seasonal ramp of new product launches at our largest customer, while broad markets is expected to grow approximately 5% year-over-year, representing approximately 39% of total sales.”

“What you're seeing there is a little bit of pressure on the gross margin side, primarily driven by input cost increases that have been difficult.”

“We're kind of working to get more supply to supply our customers' demand at this point.”

“I mean, we have trying to do our best to engage with all the customers and all the suppliers to make sure we do that, but to kind of minimize the impact the best we can.”

“As you know, since I've been CEO, I've returned at least $800 million of capital in terms of share buybacks, plus the dividend, plus authorizing Qorvo to buy back $400 million in our own stock.”