Skyworks Solutions (SWKS) FY2022 results: revenue $5.5 billion, up 7.4% on the year
Skyworks Solutions, Inc. (SWKS) reported revenue of $5.5 billion for fiscal 2022, the year ended 30 September 2022, up 7.4% on the year before. Net income was $1.3 billion, down 14.9%, and diluted earnings per share $7.81. The figures are the company's own, from the 10-K it filed with the SEC on 15 November 2024.
Revenue
$5.5 billion
+7.4% on the year
FY2015FY2022
Operating margin
27.8%
31.6% a year earlier
FY2015FY2022
Net income
$1.3 billion
-14.9% on the year
FY2015FY2022
Diluted EPS
$7.81
-12.9% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
1,425
1,772
1,204
-19.6%
Capital expenditure
489
638
389
-23.3%
Free cash flow
935
1,134
815
-17.5%
Free cash flow margin
17.0%
22.2%
24.3%
Cash from investing
-379
-3,133
-581
Cash from financing
-1,363
1,677
-908
Depreciation and amortisation
683
419
364
+63.0%
Share-based compensation
195
192
157
+1.7%
Buybacks
887
196
648
+353.4%
Dividends paid
373
341
307
+9.5%
Dividend per share
$2.30
$2.06
$1.82
+11.7%
Diluted shares, weighted
163m
167m
170m
-2.2%
Shares outstanding at period end
160m
165m
166m
-3.1%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
5,469
5,297
4,164
+3.2%
Debt
2,189
2,236
0.0
-2.1%
Operating lease liabilities
207
144
151
+43.2%
Other liabilities
1,009
914
792
+10.4%
Total liabilities and equity
8,874
8,591
5,107
+3.3%
Fixed assets
1,605
1,502
1,250
+6.9%
Goodwill
2,177
2,177
1,190
0.0%
Intangible assets
1,445
1,699
53.5
-14.9%
Investments
20.8
144
413
-85.6%
Cash and equivalents
566
883
567
-35.9%
Receivables
1,094
756
358
+44.7%
Inventory
1,212
885
806
+37.0%
Other assets
755
545
469
+38.4%
Total assets
8,874
8,591
5,107
+3.3%
10-K for the year ended 30 September 2022, filed 15 November 2024: the filing.