News
Skyworks content at Apple to remain flat this year amid steady growth in non-mobile segments
Wednesday, February 4, 2026 at 12:25 PM
Skyworks expects its content per device at Apple to remain flat this year, though it anticipates unit growth will provide a tailwind. The company's non-mobile broad markets segment currently accounts for less than 40% of revenue and is growing steadily as the firm seeks further diversification.
Context
Skyworks Solutions reported $1.04 billion in revenue for Q1 FY2026, exceeding analyst guidance despite a slight annual decline. Management confirmed that its content within Apple devices will remain flat this year, even as AI-capable smartphones and shorter replacement cycles provide favorable unit growth tailwinds. While Skyworks successfully defended key sockets at its largest customer—which still accounts for approximately 67% of total revenue—investors remain cautious regarding potential pricing pressures in the premium mobile segment.
The company's Broad Markets segment is providing a critical offset, growing 11% year-over-year to reach 38% of total sales. This non-mobile business is being fueled by Wi-Fi 7 adoption and AI data center infrastructure, with projections to hit 44% of revenue by next quarter. Despite this momentum, a full pivot away from mobile remains a long-term goal tied to the pending $22 billion merger with Qorvo, slated for an early 2027 close to target 50-55% gross margins.
Sources (3)
Related Companies
Apple
AAPL
S
Skyworks Solutions
SWKS