Skyworks Solutions (SWKS) Revenue — Quarter Ended Dec 27, 2024
Revenue for the quarter increased compared to the immediately preceding quarter but declined relative to the same quarter one year earlier. The sequential improvement reversed a prior downward trend, while the year-over-year decrease continued a pattern of lower revenue versus the prior year.
Key takeaway
Quarter ended Dec 27, 2024 · FY2025 Q1
Revenue for the quarter increased compared to the immediately preceding quarter but declined relative to the same quarter one year earlier. The sequential improvement reversed a prior downward trend, while the year-over-year decrease continued a pattern of lower revenue versus the prior year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.1B
Revenue reported for this quarter.
Quarter-over-quarter
+4.2%
Change from the immediately preceding quarter.
Year-over-year
-11.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 29, 2024 | $1B | -9.3% |
| Jun 28, 2024 | $905.5M | -15.5% |
| Sep 27, 2024 | $1B | -15.9% |
| Dec 27, 2024 | $1.1B | -11.1% |
Revenue performance
Reported revenue moved higher from the prior quarter, marking a sequential gain. However, when measured against the same period a year ago, revenue was lower.
Quarterly comparison
Compared with the immediately preceding quarter, revenue increased. Compared with the same quarter one year earlier, revenue decreased.
What to watch
Monitor whether the sequential revenue improvement can be sustained in upcoming quarters given the persistent year-over-year decline.