Skyworks Solutions, Inc. stock research
FY2025 Q4
Skyworks Solutions (SWKS) Gross Margin — Quarter Ended Oct 3, 2025
Revenue and gross profit both increased compared to the prior quarter and the same quarter last year, while cost of revenue also rose. Gross margin weakened slightly versus both periods, indicating that cost growth outpaced revenue growth.
Gross margin takeaway
Quarter ended Oct 3, 2025 · FY2025 Q4
Revenue and gross profit both increased compared to the prior quarter and the same quarter last year, while cost of revenue also rose. Gross margin weakened slightly versus both periods, indicating that cost growth outpaced revenue growth.
- The strongest observable margin driver is the relationship between revenue and cost of revenue: revenue increased more than cost of revenue compared to the prior quarter, but the margin still declined, suggesting a disproportionate cost impact.
- Compared to the immediately preceding quarter, revenue and gross profit were higher, but gross margin was lower. Versus the same quarter one year earlier, revenue and gross profit were also higher, while gross margin was lower.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
40.7%
Gross profit
$447.5M
Revenue
$1.1B
Cost of revenue
$652.7M
Quarter-over-quarter change
-0.9 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 |
|---|---|---|---|---|
| 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% |
| Oct 3, 2025 | $1.1B | $447.5M | $652.7M | 40.7% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Jun 27, 2025
-0.9 pts
Year-over-year change
Sep 27, 2024
-1.3 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The strongest observable margin driver is the relationship between revenue and cost of revenue: revenue increased more than cost of revenue compared to the prior quarter, but the margin still declined, suggesting a disproportionate cost impact.
Compared to the immediately preceding quarter, revenue and gross profit were higher, but gross margin was lower. Versus the same quarter one year earlier, revenue and gross profit were also higher, while gross margin was lower.
Monitor the trajectory of cost of revenue relative to revenue, as its growth rate appears to be pressuring gross margin.