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

Skyworks Solutions is the larger business by last-quarter revenue ($1.0B vs $1.0B, roughly 1.0× Vici Properties). Vici Properties runs the higher net margin — 59.7% vs 7.6%, a 52.0% gap on every dollar of revenue. On growth, Skyworks Solutions posted the faster year-over-year revenue change (8.6% vs 3.8%). Over the past eight quarters, Vici Properties's revenue compounded faster (3.2% 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.

Vici Properties Inc. is an American real estate investment trust (REIT) specializing in casino and entertainment properties, based in New York City. It was formed in 2017 as a spin-off from Caesars Entertainment Corporation as part of its bankruptcy reorganization. It owns 54 casinos, hotels, and racetracks, four golf courses, and 38 bowling alleys around the United States and Canada.

SWKS vs VICI — Head-to-Head

Bigger by revenue
SWKS
SWKS
1.0× larger
SWKS
$1.0B
$1.0B
VICI
Growing faster (revenue YoY)
SWKS
SWKS
+4.8% gap
SWKS
8.6%
3.8%
VICI
Higher net margin
VICI
VICI
52.0% more per $
VICI
59.7%
7.6%
SWKS
Faster 2-yr revenue CAGR
VICI
VICI
Annualised
VICI
3.2%
-0.5%
SWKS

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
SWKS
SWKS
VICI
VICI
Revenue
$1.0B
$1.0B
Net Profit
$79.2M
$604.8M
Gross Margin
41.3%
99.3%
Operating Margin
10.0%
60.2%
Net Margin
7.6%
59.7%
Revenue YoY
8.6%
3.8%
Net Profit YoY
15.3%
-1.6%
EPS (diluted)
$0.53
$0.57

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
VICI
VICI
Q1 26
$1.0B
Q4 25
$1.1B
$1.0B
Q3 25
$1.0B
Q2 25
$965.0M
$1.0B
Q1 25
$953.2M
$984.2M
Q4 24
$1.1B
$976.1M
Q3 24
$1.0B
$964.7M
Q2 24
$905.5M
$957.0M
Net Profit
SWKS
SWKS
VICI
VICI
Q1 26
$79.2M
Q4 25
$141.4M
$604.8M
Q3 25
$762.0M
Q2 25
$105.0M
$865.1M
Q1 25
$68.7M
$543.6M
Q4 24
$162.0M
$614.6M
Q3 24
$60.5M
$732.9M
Q2 24
$120.9M
$741.3M
Gross Margin
SWKS
SWKS
VICI
VICI
Q1 26
41.3%
Q4 25
40.7%
99.3%
Q3 25
99.3%
Q2 25
41.6%
99.3%
Q1 25
41.1%
99.4%
Q4 24
41.4%
99.3%
Q3 24
41.9%
99.3%
Q2 24
40.2%
99.3%
Operating Margin
SWKS
SWKS
VICI
VICI
Q1 26
10.0%
Q4 25
10.1%
60.2%
Q3 25
77.2%
Q2 25
11.5%
88.3%
Q1 25
10.2%
55.9%
Q4 24
16.9%
64.2%
Q3 24
5.8%
77.4%
Q2 24
14.4%
79.0%
Net Margin
SWKS
SWKS
VICI
VICI
Q1 26
7.6%
Q4 25
12.9%
59.7%
Q3 25
75.6%
Q2 25
10.9%
86.4%
Q1 25
7.2%
55.2%
Q4 24
15.2%
63.0%
Q3 24
5.9%
76.0%
Q2 24
13.4%
77.5%
EPS (diluted)
SWKS
SWKS
VICI
VICI
Q1 26
$0.53
Q4 25
$0.95
$0.57
Q3 25
$0.71
Q2 25
$0.70
$0.82
Q1 25
$0.43
$0.51
Q4 24
$1.00
$0.58
Q3 24
$0.36
$0.70
Q2 24
$0.75
$0.71

Balance Sheet & Financial Strength

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

Metric
SWKS
SWKS
VICI
VICI
Cash + ST InvestmentsLiquidity on hand
$1.6B
$608.0M
Total DebtLower is stronger
$496.6M
$16.8B
Stockholders' EquityBook value
$5.8B
$27.8B
Total Assets
$7.9B
$46.7B
Debt / EquityLower = less leverage
0.09×
0.60×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SWKS
SWKS
VICI
VICI
Q1 26
$1.6B
Q4 25
$1.4B
$608.0M
Q3 25
$507.5M
Q2 25
$1.3B
$233.0M
Q1 25
$1.5B
$334.3M
Q4 24
$1.7B
$524.6M
Q3 24
$1.6B
$355.7M
Q2 24
$1.3B
$347.2M
Total Debt
SWKS
SWKS
VICI
VICI
Q1 26
$496.6M
Q4 25
$496.4M
$16.8B
Q3 25
$16.8B
Q2 25
$496.2M
$16.9B
Q1 25
$995.1M
$16.8B
Q4 24
$994.7M
$16.7B
Q3 24
$994.3M
$16.7B
Q2 24
$994.0M
$16.7B
Stockholders' Equity
SWKS
SWKS
VICI
VICI
Q1 26
$5.8B
Q4 25
$5.8B
$27.8B
Q3 25
$27.7B
Q2 25
$5.7B
$27.0B
Q1 25
$5.9B
$26.6B
Q4 24
$6.4B
$26.5B
Q3 24
$6.3B
$26.1B
Q2 24
$6.3B
$25.7B
Total Assets
SWKS
SWKS
VICI
VICI
Q1 26
$7.9B
Q4 25
$7.9B
$46.7B
Q3 25
$46.5B
Q2 25
$7.7B
$46.1B
Q1 25
$7.9B
$45.5B
Q4 24
$8.3B
$45.4B
Q3 24
$8.3B
$44.9B
Q2 24
$8.2B
$44.5B
Debt / Equity
SWKS
SWKS
VICI
VICI
Q1 26
0.09×
Q4 25
0.09×
0.60×
Q3 25
0.61×
Q2 25
0.09×
0.63×
Q1 25
0.17×
0.63×
Q4 24
0.16×
0.63×
Q3 24
0.16×
0.64×
Q2 24
0.16×
0.65×

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
VICI
VICI
Operating Cash FlowLast quarter
$395.5M
$691.9M
Free Cash FlowOCF − Capex
$339.0M
FCF MarginFCF / Revenue
32.7%
Capex IntensityCapex / Revenue
5.5%
Cash ConversionOCF / Net Profit
4.99×
1.14×
TTM Free Cash FlowTrailing 4 quarters
$1.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SWKS
SWKS
VICI
VICI
Q1 26
$395.5M
Q4 25
$200.0M
$691.9M
Q3 25
$586.3M
Q2 25
$314.2M
$639.9M
Q1 25
$409.4M
$591.9M
Q4 24
$377.2M
$644.1M
Q3 24
$476.1M
$579.1M
Q2 24
$273.4M
$614.6M
Free Cash Flow
SWKS
SWKS
VICI
VICI
Q1 26
$339.0M
Q4 25
$144.0M
Q3 25
Q2 25
$252.7M
Q1 25
$370.9M
Q4 24
$338.2M
Q3 24
$393.3M
Q2 24
$249.0M
FCF Margin
SWKS
SWKS
VICI
VICI
Q1 26
32.7%
Q4 25
13.1%
Q3 25
Q2 25
26.2%
Q1 25
38.9%
Q4 24
31.7%
Q3 24
38.4%
Q2 24
27.5%
Capex Intensity
SWKS
SWKS
VICI
VICI
Q1 26
5.5%
Q4 25
5.1%
Q3 25
Q2 25
6.4%
Q1 25
4.0%
Q4 24
3.6%
Q3 24
8.1%
Q2 24
2.7%
Cash Conversion
SWKS
SWKS
VICI
VICI
Q1 26
4.99×
Q4 25
1.41×
1.14×
Q3 25
0.77×
Q2 25
2.99×
0.74×
Q1 25
5.96×
1.09×
Q4 24
2.33×
1.05×
Q3 24
7.87×
0.79×
Q2 24
2.26×
0.83×

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%

VICI
VICI

Fixed Rent$504.3M50%
Other$478.4M47%
Contingent Rent$30.4M3%

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