SWKS · 10-K filed 7 Nov 2025 · year to 3 Oct 2025

Skyworks Solutions

27 named things its latest annual report says its results depend on, each in the company's own words. 20 of them are also named by other companies we've read.

Read the filing on SEC.gov ↗

Customers

Three largest customers (accounts receivable)

concentrated in · 82%named as a risk

As of October 3, 2025, three customers represented 82% of our aggregate gross accounts receivable.Risk factors (Item 1A)

Also named by INTC, PDFS, TREX, UCTT, WDC

Apple Inc.

earns from · more than ten percent of our net revenuenamed as a risk

In each of the fiscal years ended October 3, 2025 (“fiscal 2025”), September 27, 2024 (“fiscal 2024”), and September 29, 2023 (“fiscal 2023”), Apple, through sales to multiple distributors and contract manufacturers for multiple applications including smartphones, tablets, desktop and notebook computers, watches, and other devices, constituted more than ten percent of our net revenue.Business (Item 1)

Also named by CINF, IDCC, MP, SNX

Suppliers

Sole-source suppliers

depends onnamed as a risk

If we were to lose these sole sources of supply, for any reason, a material adverse effect on our business could result until an alternate source is obtained.Risk factors (Item 1A)

Also named by AVAV, AYI, BA, BDX, HII, IONQ, KMB, LHX and 6 more

Third-party semiconductor foundries

depends onnamed as a risk

We rely on foundries to provide silicon-based products and to supplement our gallium arsenide wafer manufacturing capacity.Risk factors (Item 1A)

Partners and platforms

Baseband reference design partners

depends onnamed as a risk

Our reference design partners have leveraged and may continue to leverage their market position by bundling product offerings or integrating additional functionality into their product offerings that compete with our solutions.Risk factors (Item 1A)

Other companies

Revolving Credit Facility (JPMorgan Chase Bank, N.A.)

$750 millionnamed as a risk

Additionally, on May 21, 2021, the Company entered into a revolving credit agreement with various financial institutions, as lenders, and JPMorgan Chase Bank, N.A., as administrative agent, providing for a $750 million revolving credit facility (the “Revolving Credit Facility”).Risk factors (Item 1A)

Also named by AAON, BRO, BX, CG, CRGY, FIVE, FIX, HEI and 22 more

Qorvo, Inc.

termination fee of $298.7 millionnamed as a risk

Completion of the proposed transaction with Qorvo may be delayed or not occur at all for a variety of reasons, including that the Merger Agreement is terminated, and the failure to complete the Mergers could adversely affect our business, results of operations, financial condition, and the market price of our common stock.Risk factors (Item 1A)

Also named by MTSI, TTMI

Denso Corporation

named as a risk

For example, on June 20, 2025, Denso Corporation filed patent infringement litigation against the Company in the U.S. (United States District Court for the Central District of California) and Japan (Civil Division of the Osaka District Court).Risk factors (Item 1A)

Also named by BWA

Competitors

Broadcom

competes withnamed as a risk

We compete with international and United States semiconductor manufacturers of all sizes in terms of resources and market share, including, but not limited to, Analog Devices, Broadcom, Cirrus Logic, Murata Manufacturing, NXP Semiconductors, Qorvo, Qualcomm, and Texas Instruments.Risk factors (Item 1A)

Also named by ALAB, ANET, CIEN, FFIV, FTNT, HPE

Qualcomm

competes withnamed as a risk

Also named by AMKR, FTNT

Murata Manufacturing

competes withnamed as a risk

Places

Mexicali, Mexico

operates in · 54% in Mexico

•Our workforce was distributed geographically approximately as follows: 54% in Mexico, 24% in the United States, 20% in Asia, 1% in Canada, and less than 1% in Europe.Business (Item 1)

Also named by ISRG

China

earns fromnamed as a risk

Finally, China’s investments in technology development and manufacturing capability in support of its stated policy of reducing its dependence on foreign semiconductor manufacturers and other technology companies has likely already resulted, and we expect will continue to result, in reduced demand for our products in China and other key markets as well as reduced supply of critical materials for our products.Risk factors (Item 1A)

Also named by A, AA, AAOI, AAP, AAPL, AB, ADI, AEHR and 261 more

Taiwan

depends onnamed as a risk

Disruption of certain critical operations in, or of shipping to or from, Taiwan would adversely affect our ability to manufacture certain products and would likely have substantial negative effects on the entire semiconductor industry.Risk factors (Item 1A)

Also named by AAOI, AAPL, AB, ADI, AEHR, ALAB, AMAT, AMD and 50 more

Woburn, Massachusetts

operates innamed as a risk

In addition, we announced in August 2025 that we took action aimed to optimize our U.S. factory footprint by planning for the closure of our wafer fabrication manufacturing operations in Woburn, Massachusetts and consolidating such manufacturing into Newbury Park, California.Risk factors (Item 1A)

Osaka, Japan

operates in

We also operate our own wafer processing facilities in Osaka, Japan, as well as packaging, assembly, and test facilities in Singapore and in Mexicali, Mexico.Risk factors (Item 1A)

Also named by CMCSA

Newbury Park, California

operates in

Our key facilities include, but are not limited to, our semiconductor wafer fabrication facilities in Newbury Park, California, and Woburn, Massachusetts; our SAW, TC-SAW, and BAW filter wafer processing facilities in Osaka, Japan; and our packaging, assembly and test facilities in Mexicali, Mexico, and in Singapore for filters (“Singapore Filter Manufacturing Facility”).Risk factors (Item 1A)

Commodities and inputs

Gallium

depends onnamed as a risk

Although we maintain relationships with suppliers located around the world with the objective of ensuring that we have adequate sources for the supply of raw materials and components for our manufacturing needs, increases in demand from the semiconductor industry for such raw materials and components (including, but not limited to, gallium, germanium, and other critical minerals and rare earth metals), as well as increased demand for commodities in general, can result in tighter supplies and higher costs.Risk factors (Item 1A)

Also named by MTSI

Germanium

depends onnamed as a risk

Also named by COHR

Regulators

U.S. Bureau of Industry and Security Entity List

subject tonamed as a risk

These restrictions have negatively impacted, and may continue to negatively impact, sales of our products.Risk factors (Item 1A)

Also named by ARW, MRVL, PDFS

Laws and programs

Inflation Reduction Act

subject to · 15%named as a risk

The IRA could have a material impact depending on various factors, including the amount and frequency of our stock repurchases and the applicability of the CAMT to the Company.Risk factors (Item 1A)

Also named by AEE, AMGN, ARWR, BIIB, BKNG, BMY, CAH, CI and 26 more

Singapore tax holiday

subject to · cumulative $336.4 millionnamed as a risk

If we cannot, or elect not to, comply with the conditions for the tax holiday, we could be required to refund certain previously realized tax benefits for fiscal years 2021 through 2025, over which period we enjoyed a tax holiday that decreased our taxes by a cumulative $336.4 million, and we may lose the benefits of the tax holiday earlier than scheduled.Risk factors (Item 1A)

Also named by TER

Hart-Scott-Rodino Antitrust Improvements Act

subject tonamed as a risk

Alternatively, we, under specified circumstances, including termination following an injunction arising in connection with certain antitrust or foreign investment laws, or failure to receive certain required regulatory approvals of specified governmental authorities by the Outside Date, will be required to pay Qorvo a termination fee of $100.0 million.Risk factors (Item 1A)

Also named by AWK, BEN, BLK, CPRT, CTAS, FSK, KVUE, NXST and 2 more

EU RoHS Directive

subject tonamed as a risk

For example, the European Union Restriction of Hazardous Substances in Electrical and Electronic Equipment (“RoHS”) Directive requires that certain substances, which may be found in certain products we have manufactured in the past, be removed from all electronics components.Risk factors (Item 1A)

Also named by FSLR, FTNT, IDXX, SANM, TER

Mexico maquiladora program

subject tonamed as a risk

Failure to comply with these regulations, ceasing to qualify for maquiladora status or other disruptions within the program would cause our manufacturing costs in Mexico to increase and could adversely affect our business, results of operations, financial condition, and cash flows.Risk factors (Item 1A)

U.S. tariffs on China and Chinese countermeasures (2025)

subject tonamed as a risk

Such actions, including any threatened or actual tariffs and retaliatory measures, could also increase the prices of or negatively impact the demand for our customers’ products, which could negatively impact the sales of our products to those customers.Risk factors (Item 1A)

One Big Beautiful Bill Act

subject to

In July 2025, the U.S. government enacted the One Big Beautiful Bill Act (“OBBBA”), which restores immediate expensing for domestic research and development expenses starting in the tax years beginning after December 31, 2024.Risk factors (Item 1A)

Also named by AA, ABR, ADI, ADM, ALB, AMAT, AMGN, AMKR and 121 more