vs

Side-by-side financial comparison of Skyworks Solutions (SWKS) and VEON Ltd. (VEON). Click either name above to swap in a different company.

VEON Ltd. is the larger business by last-quarter revenue ($1.1B vs $1.0B, roughly 1.0× Skyworks Solutions). VEON Ltd. runs the higher net margin — 55.9% vs 7.6%, a 48.3% gap on every dollar of revenue. On growth, Skyworks Solutions posted the faster year-over-year revenue change (8.6% vs 5.8%).

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.

VEON Ltd., also known as VEON Group, is a multinational telecommunication and digital services company. Headquartered in Dubai, the company is publicly traded on the U.S.-based NASDAQ stock exchange. VEON operates in six markets in Europe and Asia, including Bangladesh, Kazakhstan, Kyrgyzstan, Pakistan, Ukraine and Uzbekistan. Specific brands include Banglalink in Bangladesh, Jazz in Pakistan, Kyivstar in Ukraine, and units operating in Kazakhstan, Kyrgyzstan, and Uzbekistan under the Beeline...

SWKS vs VEON — Head-to-Head

Bigger by revenue
VEON
VEON
1.0× larger
VEON
$1.1B
$1.0B
SWKS
Growing faster (revenue YoY)
SWKS
SWKS
+2.8% gap
SWKS
8.6%
5.8%
VEON
Higher net margin
VEON
VEON
48.3% more per $
VEON
55.9%
7.6%
SWKS

Income Statement — Q1 FY2026 vs Q2 FY2025

Metric
SWKS
SWKS
VEON
VEON
Revenue
$1.0B
$1.1B
Net Profit
$79.2M
$608.0M
Gross Margin
41.3%
Operating Margin
10.0%
75.4%
Net Margin
7.6%
55.9%
Revenue YoY
8.6%
5.8%
Net Profit YoY
15.3%
583.1%
EPS (diluted)
$0.53
$0.34

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
VEON
VEON
Q1 26
$1.0B
Q4 25
$1.1B
Q2 25
$965.0M
$1.1B
Q1 25
$953.2M
Q4 24
$1.1B
Q3 24
$1.0B
Q2 24
$905.5M
$1.0B
Q1 24
$1.0B
Net Profit
SWKS
SWKS
VEON
VEON
Q1 26
$79.2M
Q4 25
$141.4M
Q2 25
$105.0M
$608.0M
Q1 25
$68.7M
Q4 24
$162.0M
Q3 24
$60.5M
Q2 24
$120.9M
$89.0M
Q1 24
$183.3M
Gross Margin
SWKS
SWKS
VEON
VEON
Q1 26
41.3%
Q4 25
40.7%
Q2 25
41.6%
Q1 25
41.1%
Q4 24
41.4%
Q3 24
41.9%
Q2 24
40.2%
Q1 24
40.2%
Operating Margin
SWKS
SWKS
VEON
VEON
Q1 26
10.0%
Q4 25
10.1%
Q2 25
11.5%
75.4%
Q1 25
10.2%
Q4 24
16.9%
Q3 24
5.8%
Q2 24
14.4%
27.1%
Q1 24
18.1%
Net Margin
SWKS
SWKS
VEON
VEON
Q1 26
7.6%
Q4 25
12.9%
Q2 25
10.9%
55.9%
Q1 25
7.2%
Q4 24
15.2%
Q3 24
5.9%
Q2 24
13.4%
8.7%
Q1 24
17.5%
EPS (diluted)
SWKS
SWKS
VEON
VEON
Q1 26
$0.53
Q4 25
$0.95
Q2 25
$0.70
$0.34
Q1 25
$0.43
Q4 24
$1.00
Q3 24
$0.36
Q2 24
$0.75
$0.04
Q1 24
$1.14

Balance Sheet & Financial Strength

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

Metric
SWKS
SWKS
VEON
VEON
Cash + ST InvestmentsLiquidity on hand
$1.6B
$1.3B
Total DebtLower is stronger
$496.6M
Stockholders' EquityBook value
$5.8B
$1.5B
Total Assets
$7.9B
$8.5B
Debt / EquityLower = less leverage
0.09×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SWKS
SWKS
VEON
VEON
Q1 26
$1.6B
Q4 25
$1.4B
Q2 25
$1.3B
$1.3B
Q1 25
$1.5B
Q4 24
$1.7B
Q3 24
$1.6B
Q2 24
$1.3B
$862.0M
Q1 24
$1.2B
Total Debt
SWKS
SWKS
VEON
VEON
Q1 26
$496.6M
Q4 25
$496.4M
Q2 25
$496.2M
Q1 25
$995.1M
Q4 24
$994.7M
Q3 24
$994.3M
Q2 24
$994.0M
Q1 24
$993.6M
Stockholders' Equity
SWKS
SWKS
VEON
VEON
Q1 26
$5.8B
Q4 25
$5.8B
Q2 25
$5.7B
$1.5B
Q1 25
$5.9B
Q4 24
$6.4B
Q3 24
$6.3B
Q2 24
$6.3B
$1.1B
Q1 24
$6.4B
Total Assets
SWKS
SWKS
VEON
VEON
Q1 26
$7.9B
Q4 25
$7.9B
Q2 25
$7.7B
$8.5B
Q1 25
$7.9B
Q4 24
$8.3B
Q3 24
$8.3B
Q2 24
$8.2B
$7.3B
Q1 24
$8.3B
Debt / Equity
SWKS
SWKS
VEON
VEON
Q1 26
0.09×
Q4 25
0.09×
Q2 25
0.09×
Q1 25
0.17×
Q4 24
0.16×
Q3 24
0.16×
Q2 24
0.16×
Q1 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
VEON
VEON
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
VEON
VEON
Q1 26
$395.5M
Q4 25
$200.0M
Q2 25
$314.2M
Q1 25
$409.4M
Q4 24
$377.2M
Q3 24
$476.1M
Q2 24
$273.4M
Q1 24
$300.3M
Free Cash Flow
SWKS
SWKS
VEON
VEON
Q1 26
$339.0M
Q4 25
$144.0M
Q2 25
$252.7M
Q1 25
$370.9M
Q4 24
$338.2M
Q3 24
$393.3M
Q2 24
$249.0M
Q1 24
$272.7M
FCF Margin
SWKS
SWKS
VEON
VEON
Q1 26
32.7%
Q4 25
13.1%
Q2 25
26.2%
Q1 25
38.9%
Q4 24
31.7%
Q3 24
38.4%
Q2 24
27.5%
Q1 24
26.1%
Capex Intensity
SWKS
SWKS
VEON
VEON
Q1 26
5.5%
Q4 25
5.1%
Q2 25
6.4%
Q1 25
4.0%
Q4 24
3.6%
Q3 24
8.1%
Q2 24
2.7%
Q1 24
2.6%
Cash Conversion
SWKS
SWKS
VEON
VEON
Q1 26
4.99×
Q4 25
1.41×
Q2 25
2.99×
Q1 25
5.96×
Q4 24
2.33×
Q3 24
7.87×
Q2 24
2.26×
Q1 24
1.64×

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%

VEON
VEON

Segment breakdown not available.

Related Comparisons