Skyworks (SWKS) Q3 FY26 earnings call

Skyworks delivered solid Q3 FY26 results, exceeding guidance midpoints, driven by robust growth in its Broad Markets segment, particularly AI data center and automotive. The company provided a confident update on the Qorvo merger, anticipating a calendar year close and outlining a new capital allocation framework focused on share repurchases and deleveraging. While mobile revenue saw a year-over-year decline, the company is well-positioned for the fall launch cycle, with channel inventories lean and long-term RF content growth expected.