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Side-by-side financial comparison of Skyworks Solutions (SWKS) and HANOVER INSURANCE GROUP, INC. (THG). Click either name above to swap in a different company.

HANOVER INSURANCE GROUP, INC. is the larger business by last-quarter revenue ($1.7B vs $1.0B, roughly 1.6× Skyworks Solutions). HANOVER INSURANCE GROUP, INC. runs the higher net margin — 11.0% vs 7.6%, a 3.3% gap on every dollar of revenue. On growth, Skyworks Solutions posted the faster year-over-year revenue change (8.6% vs 6.1%). Over the past eight quarters, HANOVER INSURANCE GROUP, INC.'s revenue compounded faster (5.2% CAGR vs -0.5%).

Skyworks Solutions, Inc. is an American semiconductor company headquartered in Irvine, California, United States. The company's shares are listed on the Nasdaq Global Select Market under the ticker symbol SWKS and is a constituent of the S&P 500.

The Hanover Insurance Group, Inc. is an insurance company based in Worcester, Massachusetts. It was the original name of a property-liability insurance firm established in 1852, and it remained a publicly traded company under that name until the early 1990s, when it changed its name to Allmerica Property & Casualty Companies.

SWKS vs THG — Head-to-Head

Bigger by revenue
THG
THG
1.6× larger
THG
$1.7B
$1.0B
SWKS
Growing faster (revenue YoY)
SWKS
SWKS
+2.5% gap
SWKS
8.6%
6.1%
THG
Higher net margin
THG
THG
3.3% more per $
THG
11.0%
7.6%
SWKS
Faster 2-yr revenue CAGR
THG
THG
Annualised
THG
5.2%
-0.5%
SWKS

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
SWKS
SWKS
THG
THG
Revenue
$1.0B
$1.7B
Net Profit
$79.2M
$186.8M
Gross Margin
41.3%
Operating Margin
10.0%
11.1%
Net Margin
7.6%
11.0%
Revenue YoY
8.6%
6.1%
Net Profit YoY
15.3%
45.7%
EPS (diluted)
$0.53

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SWKS
SWKS
THG
THG
Q1 26
$1.0B
$1.7B
Q4 25
$1.1B
$1.7B
Q3 25
$1.7B
Q2 25
$965.0M
$1.7B
Q1 25
$953.2M
$1.6B
Q4 24
$1.1B
$1.6B
Q3 24
$1.0B
$1.6B
Q2 24
$905.5M
$1.5B
Net Profit
SWKS
SWKS
THG
THG
Q1 26
$79.2M
$186.8M
Q4 25
$141.4M
$198.5M
Q3 25
$178.7M
Q2 25
$105.0M
$157.1M
Q1 25
$68.7M
$128.2M
Q4 24
$162.0M
$167.9M
Q3 24
$60.5M
$102.1M
Q2 24
$120.9M
$40.5M
Gross Margin
SWKS
SWKS
THG
THG
Q1 26
41.3%
Q4 25
40.7%
Q3 25
Q2 25
41.6%
Q1 25
41.1%
Q4 24
41.4%
Q3 24
41.9%
Q2 24
40.2%
Operating Margin
SWKS
SWKS
THG
THG
Q1 26
10.0%
11.1%
Q4 25
10.1%
17.3%
Q3 25
14.9%
Q2 25
11.5%
12.7%
Q1 25
10.2%
11.6%
Q4 24
16.9%
16.1%
Q3 24
5.8%
9.6%
Q2 24
14.4%
6.2%
Net Margin
SWKS
SWKS
THG
THG
Q1 26
7.6%
11.0%
Q4 25
12.9%
11.9%
Q3 25
10.7%
Q2 25
10.9%
9.5%
Q1 25
7.2%
8.0%
Q4 24
15.2%
10.6%
Q3 24
5.9%
6.5%
Q2 24
13.4%
2.6%
EPS (diluted)
SWKS
SWKS
THG
THG
Q1 26
$0.53
Q4 25
$0.95
$5.46
Q3 25
$4.90
Q2 25
$0.70
$4.30
Q1 25
$0.43
$3.50
Q4 24
$1.00
$4.60
Q3 24
$0.36
$2.80
Q2 24
$0.75
$1.12

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SWKS
SWKS
THG
THG
Cash + ST InvestmentsLiquidity on hand
$1.6B
$243.5M
Total DebtLower is stronger
$496.6M
$843.8M
Stockholders' EquityBook value
$5.8B
$3.0B
Total Assets
$7.9B
$16.5B
Debt / EquityLower = less leverage
0.09×
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SWKS
SWKS
THG
THG
Q1 26
$1.6B
$243.5M
Q4 25
$1.4B
$1.1B
Q3 25
$915.7M
Q2 25
$1.3B
$244.1M
Q1 25
$1.5B
$315.1M
Q4 24
$1.7B
$435.5M
Q3 24
$1.6B
$427.1M
Q2 24
$1.3B
$337.6M
Total Debt
SWKS
SWKS
THG
THG
Q1 26
$496.6M
$843.8M
Q4 25
$496.4M
$843.3M
Q3 25
$843.0M
Q2 25
$496.2M
$347.8M
Q1 25
$995.1M
$722.5M
Q4 24
$994.7M
$722.3M
Q3 24
$994.3M
Q2 24
$994.0M
Stockholders' Equity
SWKS
SWKS
THG
THG
Q1 26
$5.8B
$3.0B
Q4 25
$5.8B
$3.6B
Q3 25
$3.4B
Q2 25
$5.7B
$3.2B
Q1 25
$5.9B
$3.0B
Q4 24
$6.4B
$2.8B
Q3 24
$6.3B
$2.9B
Q2 24
$6.3B
$2.6B
Total Assets
SWKS
SWKS
THG
THG
Q1 26
$7.9B
$16.5B
Q4 25
$7.9B
$16.9B
Q3 25
$16.8B
Q2 25
$7.7B
$15.7B
Q1 25
$7.9B
$15.5B
Q4 24
$8.3B
$15.3B
Q3 24
$8.3B
$15.4B
Q2 24
$8.2B
$14.9B
Debt / Equity
SWKS
SWKS
THG
THG
Q1 26
0.09×
0.28×
Q4 25
0.09×
0.24×
Q3 25
0.25×
Q2 25
0.09×
0.11×
Q1 25
0.17×
0.24×
Q4 24
0.16×
0.25×
Q3 24
0.16×
Q2 24
0.16×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SWKS
SWKS
THG
THG
Operating Cash FlowLast quarter
$395.5M
Free Cash FlowOCF − Capex
$339.0M
FCF MarginFCF / Revenue
32.7%
Capex IntensityCapex / Revenue
5.5%
Cash ConversionOCF / Net Profit
4.99×
TTM Free Cash FlowTrailing 4 quarters
$1.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SWKS
SWKS
THG
THG
Q1 26
$395.5M
Q4 25
$200.0M
$378.2M
Q3 25
$554.4M
Q2 25
$314.2M
$206.6M
Q1 25
$409.4M
$38.9M
Q4 24
$377.2M
$213.5M
Q3 24
$476.1M
$394.7M
Q2 24
$273.4M
$139.5M
Free Cash Flow
SWKS
SWKS
THG
THG
Q1 26
$339.0M
Q4 25
$144.0M
$377.0M
Q3 25
$551.4M
Q2 25
$252.7M
$204.9M
Q1 25
$370.9M
$37.1M
Q4 24
$338.2M
$210.5M
Q3 24
$393.3M
$392.3M
Q2 24
$249.0M
$137.3M
FCF Margin
SWKS
SWKS
THG
THG
Q1 26
32.7%
Q4 25
13.1%
22.6%
Q3 25
33.1%
Q2 25
26.2%
12.4%
Q1 25
38.9%
2.3%
Q4 24
31.7%
13.3%
Q3 24
38.4%
25.1%
Q2 24
27.5%
8.9%
Capex Intensity
SWKS
SWKS
THG
THG
Q1 26
5.5%
Q4 25
5.1%
0.1%
Q3 25
0.2%
Q2 25
6.4%
0.1%
Q1 25
4.0%
0.1%
Q4 24
3.6%
0.2%
Q3 24
8.1%
0.2%
Q2 24
2.7%
0.1%
Cash Conversion
SWKS
SWKS
THG
THG
Q1 26
4.99×
Q4 25
1.41×
1.91×
Q3 25
3.10×
Q2 25
2.99×
1.32×
Q1 25
5.96×
0.30×
Q4 24
2.33×
1.27×
Q3 24
7.87×
3.87×
Q2 24
2.26×
3.44×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

SWKS
SWKS

Sales Channel Through Intermediary$915.6M88%
Sales Channel Directly To Consumer$119.8M12%

THG
THG

Premiums earned$1.6B92%
Other$124.6M7%
Fees and other income$6.2M0%

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