Skyworks to Report Q1 Earnings: What's in Store for the Stock?

Skyworks Solutions SWKS is slated to release first-quarter fiscal 2026 results on Feb. 3, 2026.

For the first quarter of fiscal 2026, the company expects a non-GAAP diluted share of $1.40 per share.

The Zacks Consensus Estimate for earnings has remained steady at $1.40 per share in the past 30 days. The projection indicates a 12.5% decrease from that reported in the year-ago quarter. 

For the first quarter of fiscal 2026, Skyworks expects revenues between $975 million and $1.025 million at the midpoint of the revenue range.

Skyworks Solutions, Inc. Price and EPS Surprise

Skyworks Solutions, Inc. price-eps-surprise | Skyworks Solutions, Inc. Quote

The Zacks Consensus Estimate for fiscal first-quarter 2026 revenues is pegged at $998.61 million, indicating a 6.54% year-over-year decline.

Skyworks’ earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average surprise of 8.47%. 

Let’s see how things have shaped up prior to the announcement.

Factors Likely to Have Influenced SWKS’ Q1 Performance

SWKS’ fiscal first-quarter 2026 performance is likely to have benefited from its diversified portfolio and growth in edge IoT and automotive sectors.

In the to-be-reported quarter, SWKS expects to grow slightly sequentially and mid- to high single digits year over year in the broad markets segment, thanks to robust demand for edge IoT, automotive and data center. The adoption of WiFi 7 is helping the clients to upgrade platforms requiring faster connection, low latency and better power efficiency. The company is developing next-generation WiFi 8 programs to extend its leadership.

Skyworks sees long-term growth opportunities in its automotive business. The company exited the fiscal year 2025 with a new record run-rate in the automotive business thanks to robust design activity in the sector. This momentum is expected to have continued in the to-be-reported quarter, with a strong pipeline of opportunities across global OEMs.

The data center infrastructure segment is rebounding as customer inventories normalize. Skyworks is seeing increasing demand for timing design wins in next-generation 800-gig platforms for data center and cloud infrastructure. This recovery, which began in mid-fiscal 2025, is expected to have gained further traction in the first quarter of fiscal 2026. 

However, a challenging macroeconomic environment and ongoing inventory digestion in certain end markets remain a headwind.

What Our Model Says

Per the Zacks model, the combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy), or 3 (Hold) increases the odds of an earnings beat. But that’s not the exact case here.

Skyworks has an Earnings ESP of 0.00% and a Zacks Rank #3 at present. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Stocks to Consider

Here are some companies worth considering, as our model shows that these have the right combination of elements to beat earnings in their upcoming releases:

Ametek AME has an Earnings ESP of +0.38% and a Zacks Rank #2 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.

Ametek shares have gained 22.9% in the trailing 12-month period. AME is set to report fourth-quarter 2025 results on Feb. 3, 2026.

Microchip Technology MCHP has an Earnings ESP of +2.18% and a Zacks Rank #1. 

Microchip Technology shares have gained 36.5% in the past 12-month period. MCHP is likely to report its third-quarter fiscal 2026 results on Feb. 5, 2026

MKS MKSI has an Earnings ESP of +2.68% and a Zacks Rank #1. 

MKS shares have gained 120.3% in the past 12-month period. The company is likely to report its fourth-quarter 2025 results on Feb. 17, 2026.
 

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This article originally published on Zacks Investment Research (zacks.com).

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