Skyworks Solutions, Inc. (SWKS) financial statements (2021 and earlier)

Company profile

Business Address 5260 CALIFORNIA AVENUE
IRVINE, CA 92617
State of Incorp. DE
Fiscal Year End September 30
SIC 3674 - Semiconductors and Related Devices (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
Q1
9/30/2020
Q4
6/30/2020
Q3
3/31/2020
Q1
12/31/2019
Q1
9/30/2019
Q4
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,019 1,1381,0741,1901,055
Cash and cash equivalents617 791912928851
Short-term investments401 347162262203
Receivables690 346368427465
Inventory, net of allowances, customer advances and progress billings719 698649604610
Inventory719 698649604610
Other current assets148 155130125105
Total current assets:2,575 2,3372,2212,3472,235
Noncurrent Assets
Operating lease, right-of-use asset172 173171  
Property, plant and equipment1,305 1,2071,2081,1911,206
Long-term investments and receivables1 24343828
Long-term investments1 24343828
Intangible assets, net (including goodwill)1,236 1,2531,2751,2861,298
Goodwill1,190 1,1901,1901,1901,190
Intangible assets, net (excluding goodwill)46 638597108
Deferred income tax assets56 4340  
Other noncurrent assets74 36333133
Deferred tax assets, net4041
Other undisclosed noncurrent assets    159 
Total noncurrent assets:2,845 2,7352,7612,7452,605
TOTAL ASSETS:5,420 5,0724,9825,0924,840
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities350 296248218267
Accounts payable265 201170139191
Employee-related liabilities85 95788076
Other liabilities158 106114115108
Total current liabilities:508 401362333374
Noncurrent Liabilities
Long-term debt and lease obligation155 156152  
Operating lease, liability155 156152  
Liabilities, other than long-term debt342 333325340343
Liability for uncertainty in income taxes311 301293310312
Other liabilities32 33323131
Other undisclosed noncurrent liabilities    151 
Total noncurrent liabilities:497 489477491343
Total liabilities:1,005 890839825717
Stockholders' equity
Stockholders' equity attributable to parent4,415 4,1824,1434,2674,122
Common stock41 42424343
Treasury stock, value(4,337) (3,860)(3,800)(3,514)(3,413)
Additional paid in capital3,472 3,3523,3073,2523,188
Accumulated other comprehensive loss(8) (8)(8)(8)(8)
Retained earnings5,247 4,6574,6014,4954,313
Total stockholders' equity:4,415 4,1824,1434,2674,122
TOTAL LIABILITIES AND EQUITY:5,420 5,0724,9825,0924,840

Income statement (P&L) ($ in millions)

12/31/2020
Q1
9/30/2020
Q4
6/30/2020
Q3
3/31/2020
Q1
12/31/2019
Q1
9/30/2019
Q4
Revenues1,510(2,399)737766896827
Cost of revenue(748) (403)(391)(452)(421)
Gross profit:762 334376444406
Operating expenses(191) (187)(176)(167)(172)
Operating income:571 148200277234
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
0 (4)410
Income from continuing operations before income taxes:571 144203279234
Income tax expense(62) (14)(22)(22)(23)
Net income available to common stockholders, diluted:509 130181257211

Comprehensive Income ($ in millions)

12/31/2020
Q1
9/30/2020
Q4
6/30/2020
Q3
3/31/2020
Q1
12/31/2019
Q1
9/30/2019
Q4
Net income:509 130181257211
Other comprehensive income (loss)0 (0)1(0) 
Other undisclosed comprehensive loss     (1)
Comprehensive income:509 130182257210
Other undisclosed comprehensive income, net of tax, attributable to parent     1
Comprehensive income, net of tax, attributable to parent:509 130182257210

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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