Skyworks Solutions, Inc. stock research
FY2025 Q3
Skyworks Solutions (SWKS) Gross Margin — Quarter Ended Jun 27, 2025
Revenue, gross profit, and cost of revenue all increased compared to both the prior quarter and the same quarter last year. Gross margin improved relative to both periods, reflecting a larger proportion of revenue flowing through to gross profit.
Gross margin takeaway
Quarter ended Jun 27, 2025 · FY2025 Q3
Revenue, gross profit, and cost of revenue all increased compared to both the prior quarter and the same quarter last year. Gross margin improved relative to both periods, reflecting a larger proportion of revenue flowing through to gross profit.
- Gross profit grew faster than revenue when compared to both the prior quarter and the year-ago quarter, which drove the gross margin higher. The relationship between cost of revenue and revenue shifted favorably, as cost of revenue increased at a slower rate than revenue.
- Compared to the immediately preceding quarter, revenue, gross profit, and cost of revenue were all higher, and gross margin improved. Compared to the same quarter one year earlier, all three metrics were higher, and gross margin also improved.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
41.6%
Gross profit
$401.0M
Revenue
$965.0M
Cost of revenue
$564.0M
Quarter-over-quarter change
+0.5 pts
Year-over-year change
+1.3 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Sep 27, 2024 | $1.0B | $429.8M | $595.2M | 41.9% |
| Dec 27, 2024 | $1.1B | $441.9M | $626.6M | 41.4% |
| Mar 28, 2025 | $953.2M | $391.6M | $561.6M | 41.1% |
| Jun 27, 2025 | $965.0M | $401.0M | $564.0M | 41.6% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Mar 28, 2025
+0.5 pts
Year-over-year change
Jun 28, 2024
+1.3 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
Gross profit grew faster than revenue when compared to both the prior quarter and the year-ago quarter, which drove the gross margin higher. The relationship between cost of revenue and revenue shifted favorably, as cost of revenue increased at a slower rate than revenue.
Compared to the immediately preceding quarter, revenue, gross profit, and cost of revenue were all higher, and gross margin improved. Compared to the same quarter one year earlier, all three metrics were higher, and gross margin also improved.
Monitor the trend in cost of revenue relative to revenue, as its growth rate has been slower than revenue in the current quarter.