C

Skyworks Solutions, Inc. — Earnings Quality Grade C

SWKS · Technology

Some red flags

Revenue
$4.1B
2025
Net Income
$477M
2025
Gross Margin
41.2%
Free Cash Flow
$1.1B
01

Screening Summary

14
Passed
2
Watch
1
Failed
-2.9
M-Score
02

Financial Trends

Revenue & Net Income ($B)

Margins (%)

03

18-Point Screening

01

Revenue Quality

A1DSO Change

DSO 53 days, change +9 days YoY

!
A2AR vs Revenue Growth

AR growth 17.6% exceeds revenue growth -2.2%

A3Revenue vs CFFO

Revenue -2.2%, CFFO -28.7%. Cash follows revenue

02

Expense Quality

B1Inventory vs COGS

Inventory -3.8% vs COGS -2.1%. Normal

!
B2CapEx vs Revenue

CapEx growth 22.8% is >2x revenue growth -2.2%

B3SG&A Ratio

SG&A/Gross Profit = 22.1%, excellent (<30%)

B4Gross Margin

Gross margin 41.2%, change -0.0pp. Stable

03

Cash Flow Quality

C1CFFO vs Net Income

CFFO/NI = 2.73. Profits backed by cash

C2Free Cash Flow

FCF $1.1B, FCF/NI = 2.26

C3Accruals Ratio

Accruals ratio = -10.4%. Low accruals

C4Cash vs Debt

Cash $1.4B covers debt $1.2B

04

Balance Sheet Health

D1Goodwill + Intangibles

Goodwill+Intangibles $3.0B = 52% of equity. Over 50%

D2Leverage

Debt/EBITDA = 1.2x. Healthy

D3Soft Asset Growth

Other assets -1.0% vs revenue -2.2%. Normal

D4Asset Impairment

No write-off data

05

Acquisition Risk

E1Serial Acquirer FCF

FCF after acquisitions positive

E2Goodwill Surge

Goodwill+Intangibles change -3% YoY. Normal

06

Manipulation Score

F1Beneish M-Score

M-Score = -2.90 (< -2.22). Unlikely manipulator

04

Beneish M-Score

Manipulation Probability-2.9
-4.0 Clean-2.22 Grey-1.78 Danger0
1.202
DSRI
AR growing faster than revenue?
1.001
GMI
Gross margin declining?
1.041
AQI
Asset quality deteriorating?
0.978
SGI
Revenue growth rate
0.938
DEPI
Depreciation slowing?
1.263
SGAI
SG&A ratio changing?
-0.104
TATA
Accruals level
1.192
LVGI
Leverage increasing?
05

Altman Z-Score

7.05
Safe Zone
0 Distress1.102.605.0+ Safe
0.2215
Liquidity
0.7145
Cumulative profit
0.07
Operating efficiency
2.6654
Leverage

Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-10

Skyworks Solutions, Inc. (SWKS) 财报排雷评级 C — EarningsGrade