Skyworks Solutions, Inc. (SWKS) Financial Statements (2024 and earlier)

Company Profile

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

Balance Sheet (Statement of Financial Position) ($ in millions)

9/30/2023
12/31/2022
MRQ
9/30/2022
9/30/2021
9/30/2020
9/30/2019
9/30/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments9935861,0209751,0551,027
Cash and cash equivalents820566883567851733
Short-term investments17320137408203294
Receivables7641,094756394465656
Inventory, net of allowances, customer advances and progress billings1,2731,212885806610490
Inventory1,2731,212885806610490
Other current assets38433820414310589
Total current assets:3,4143,2302,8652,3182,2352,262
Noncurrent Assets
Operating lease, right-of-use asset215223166168 
Property, plant and equipment1,5631,6051,5021,2501,2061,141
Long-term investments and receivables 1752823
Long-term investments 1752823
Intangible assets, net (including goodwill)3,5503,6213,8751,2431,2981,334
Goodwill2,1772,1772,1771,1901,1901,190
Intangible assets, net (excluding goodwill)1,3731,4451,69954108144
Deferred income tax assets835312055 
Other noncurrent assets12314256683333
Deferred tax assets, net4137
Total noncurrent assets:5,5335,6445,7252,7892,6052,567
TOTAL ASSETS:8,9478,8748,5915,1074,8404,829
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities272503371340267315
Employee-related liabilities1141351147685
Accounts payable180274236227191230
Accrued liabilities92114    
Debt500499    
Other liabilities45433928710810875
Other undisclosed current liabilities  (114)    
Total current liabilities:1,2261,227659448374390
Noncurrent Liabilities
Long-term debt and lease obligation:  207145151  
Liabilities, other than long-term debt482421255343343342
Accounts payable and accrued liabilities 140    
Liability for uncertainty in income taxes216214223311312311
Other liabilities636832323132
Operating lease, liability203207145151 
Other undisclosed noncurrent liabilities1,6901,5502,236   
Total noncurrent liabilities:2,1722,1782,635494343342
Total liabilities:3,3983,4053,294943717732
Equity
Equity, attributable to parent5,5505,4695,2974,1644,1224,097
Common stock404041414344
Treasury stock, value   (2)(4,094)(3,413)(2,733)
Additional paid in capital412803,4043,1883,061
Accumulated other comprehensive loss(6)(5)(8)(8)(8)(9)
Retained earnings5,5125,4225,1864,8204,3133,733
Total equity:5,5505,4695,2974,1644,1224,097
TOTAL LIABILITIES AND EQUITY:8,9478,8748,5915,1074,8404,829

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

9/30/2023
12/31/2022
TTM
9/30/2022
9/30/2021
9/30/2020
9/30/2019
9/30/2018
Revenues5,3045,4865,1093,3563,3773,868
Revenue, net3,868
Cost of revenue(2,777)(2,881)(2,597)(1,743)(1,773)(1,917)
Cost of goods and services sold (2,881)(2,597)(1,743)(1,773)(1,917)
Gross profit:2,5272,6042,5121,6131,6041,951
Operating expenses(1,079)(1,077)(900)(721)(652)(631)
Operating income:1,4481,5271,6138929521,319
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
(3)(3)(1)(0)913
Interest and debt expense(54)(48)(13)   
Income from continuing operations before income taxes:1,3911,4771,5998929611,332
Income tax expense(206)(201)(100)(77)(107)(414)
Income from continuing operations:1,1851,2751,498815854918
Income before gain (loss) on sale of properties:8751,2751,498815854918
Net income available to common stockholders, diluted:1,1851,2751,498815854918

Comprehensive Income ($ in millions)

9/30/2023
12/31/2022
TTM
9/30/2022
9/30/2021
9/30/2020
9/30/2019
9/30/2018
Net income:1,1851,2751,498815854918
Other comprehensive income (loss)(1)(3)0(0)(1)0
Other undisclosed comprehensive loss (3)     
Comprehensive income:1,1811,2721,498815853919
Other undisclosed comprehensive income (loss), net of tax, attributable to parent36(0)02(1)
Comprehensive income, net of tax, attributable to parent:1,1841,2781,498815854918

Statements Sources

The financial statements are based on the Company's filings with 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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: