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Side-by-side financial comparison of Skyworks Solutions (SWKS) and West Pharmaceutical Services (WST). Click either name above to swap in a different company.
Skyworks Solutions is the larger business by last-quarter revenue ($1.0B vs $805.0M, roughly 1.3× West Pharmaceutical Services). West Pharmaceutical Services runs the higher net margin — 16.4% vs 7.6%, a 8.8% gap on every dollar of revenue. On growth, Skyworks Solutions posted the faster year-over-year revenue change (8.6% vs 7.5%). Skyworks Solutions produced more free cash flow last quarter ($339.0M vs $175.0M). Over the past eight quarters, West Pharmaceutical Services's revenue compounded faster (7.6% 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.
West Pharmaceutical Services, Inc. is a designer and manufacturer of injectable pharmaceutical packaging and delivery systems. Founded in 1923 by Herman O. West and J.R. Wike of Philadelphia, the company is headquartered in Exton, Pennsylvania. In its early years of development, West produced rubber components for packaging injectable drugs, providing a sterile environment for the producers of penicillin and insulin.
SWKS vs WST — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $1.0B | $805.0M |
| Net Profit | $79.2M | $132.1M |
| Gross Margin | 41.3% | 37.8% |
| Operating Margin | 10.0% | 19.5% |
| Net Margin | 7.6% | 16.4% |
| Revenue YoY | 8.6% | 7.5% |
| Net Profit YoY | 15.3% | 1.5% |
| EPS (diluted) | $0.53 | $1.82 |
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.
| Q1 26 | $1.0B | — | ||
| Q4 25 | $1.1B | $805.0M | ||
| Q3 25 | — | $804.6M | ||
| Q2 25 | $965.0M | $766.5M | ||
| Q1 25 | $953.2M | $698.0M | ||
| Q4 24 | $1.1B | $748.8M | ||
| Q3 24 | $1.0B | $746.9M | ||
| Q2 24 | $905.5M | $702.1M |
| Q1 26 | $79.2M | — | ||
| Q4 25 | $141.4M | $132.1M | ||
| Q3 25 | — | $140.0M | ||
| Q2 25 | $105.0M | $131.8M | ||
| Q1 25 | $68.7M | $89.8M | ||
| Q4 24 | $162.0M | $130.1M | ||
| Q3 24 | $60.5M | $136.0M | ||
| Q2 24 | $120.9M | $111.3M |
| Q1 26 | 41.3% | — | ||
| Q4 25 | 40.7% | 37.8% | ||
| Q3 25 | — | 36.6% | ||
| Q2 25 | 41.6% | 35.7% | ||
| Q1 25 | 41.1% | 33.2% | ||
| Q4 24 | 41.4% | 36.5% | ||
| Q3 24 | 41.9% | 35.4% | ||
| Q2 24 | 40.2% | 32.8% |
| Q1 26 | 10.0% | — | ||
| Q4 25 | 10.1% | 19.5% | ||
| Q3 25 | — | 20.8% | ||
| Q2 25 | 11.5% | 20.1% | ||
| Q1 25 | 10.2% | 15.3% | ||
| Q4 24 | 16.9% | 21.3% | ||
| Q3 24 | 5.8% | 21.6% | ||
| Q2 24 | 14.4% | 18.0% |
| Q1 26 | 7.6% | — | ||
| Q4 25 | 12.9% | 16.4% | ||
| Q3 25 | — | 17.4% | ||
| Q2 25 | 10.9% | 17.2% | ||
| Q1 25 | 7.2% | 12.9% | ||
| Q4 24 | 15.2% | 17.4% | ||
| Q3 24 | 5.9% | 18.2% | ||
| Q2 24 | 13.4% | 15.9% |
| Q1 26 | $0.53 | — | ||
| Q4 25 | $0.95 | $1.82 | ||
| Q3 25 | — | $1.92 | ||
| Q2 25 | $0.70 | $1.82 | ||
| Q1 25 | $0.43 | $1.23 | ||
| Q4 24 | $1.00 | $1.78 | ||
| Q3 24 | $0.36 | $1.85 | ||
| Q2 24 | $0.75 | $1.51 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.6B | $791.3M |
| Total DebtLower is stronger | $496.6M | $202.8M |
| Stockholders' EquityBook value | $5.8B | $3.2B |
| Total Assets | $7.9B | $4.3B |
| Debt / EquityLower = less leverage | 0.09× | 0.06× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.4B | $791.3M | ||
| Q3 25 | — | $628.5M | ||
| Q2 25 | $1.3B | $509.7M | ||
| Q1 25 | $1.5B | $404.2M | ||
| Q4 24 | $1.7B | $484.6M | ||
| Q3 24 | $1.6B | $490.9M | ||
| Q2 24 | $1.3B | $446.2M |
| Q1 26 | $496.6M | — | ||
| Q4 25 | $496.4M | $202.8M | ||
| Q3 25 | — | $202.7M | ||
| Q2 25 | $496.2M | $202.6M | ||
| Q1 25 | $995.1M | $202.6M | ||
| Q4 24 | $994.7M | $202.6M | ||
| Q3 24 | $994.3M | $202.6M | ||
| Q2 24 | $994.0M | $205.8M |
| Q1 26 | $5.8B | — | ||
| Q4 25 | $5.8B | $3.2B | ||
| Q3 25 | — | $3.1B | ||
| Q2 25 | $5.7B | $2.9B | ||
| Q1 25 | $5.9B | $2.7B | ||
| Q4 24 | $6.4B | $2.7B | ||
| Q3 24 | $6.3B | $2.8B | ||
| Q2 24 | $6.3B | $2.6B |
| Q1 26 | $7.9B | — | ||
| Q4 25 | $7.9B | $4.3B | ||
| Q3 25 | — | $4.1B | ||
| Q2 25 | $7.7B | $4.0B | ||
| Q1 25 | $7.9B | $3.6B | ||
| Q4 24 | $8.3B | $3.6B | ||
| Q3 24 | $8.3B | $3.7B | ||
| Q2 24 | $8.2B | $3.5B |
| Q1 26 | 0.09× | — | ||
| Q4 25 | 0.09× | 0.06× | ||
| Q3 25 | — | 0.07× | ||
| Q2 25 | 0.09× | 0.07× | ||
| Q1 25 | 0.17× | 0.08× | ||
| Q4 24 | 0.16× | 0.08× | ||
| Q3 24 | 0.16× | 0.07× | ||
| Q2 24 | 0.16× | 0.08× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $395.5M | $251.1M |
| Free Cash FlowOCF − Capex | $339.0M | $175.0M |
| FCF MarginFCF / Revenue | 32.7% | 21.7% |
| Capex IntensityCapex / Revenue | 5.5% | 9.5% |
| Cash ConversionOCF / Net Profit | 4.99× | 1.90× |
| TTM Free Cash FlowTrailing 4 quarters | $1.1B | $468.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $395.5M | — | ||
| Q4 25 | $200.0M | $251.1M | ||
| Q3 25 | — | $197.2M | ||
| Q2 25 | $314.2M | $177.1M | ||
| Q1 25 | $409.4M | $129.4M | ||
| Q4 24 | $377.2M | $190.1M | ||
| Q3 24 | $476.1M | $180.1M | ||
| Q2 24 | $273.4M | $165.0M |
| Q1 26 | $339.0M | — | ||
| Q4 25 | $144.0M | $175.0M | ||
| Q3 25 | — | $133.9M | ||
| Q2 25 | $252.7M | $101.9M | ||
| Q1 25 | $370.9M | $58.1M | ||
| Q4 24 | $338.2M | $85.2M | ||
| Q3 24 | $393.3M | $98.8M | ||
| Q2 24 | $249.0M | $64.8M |
| Q1 26 | 32.7% | — | ||
| Q4 25 | 13.1% | 21.7% | ||
| Q3 25 | — | 16.6% | ||
| Q2 25 | 26.2% | 13.3% | ||
| Q1 25 | 38.9% | 8.3% | ||
| Q4 24 | 31.7% | 11.4% | ||
| Q3 24 | 38.4% | 13.2% | ||
| Q2 24 | 27.5% | 9.2% |
| Q1 26 | 5.5% | — | ||
| Q4 25 | 5.1% | 9.5% | ||
| Q3 25 | — | 7.9% | ||
| Q2 25 | 6.4% | 9.8% | ||
| Q1 25 | 4.0% | 10.2% | ||
| Q4 24 | 3.6% | 14.0% | ||
| Q3 24 | 8.1% | 10.9% | ||
| Q2 24 | 2.7% | 14.3% |
| Q1 26 | 4.99× | — | ||
| Q4 25 | 1.41× | 1.90× | ||
| Q3 25 | — | 1.41× | ||
| Q2 25 | 2.99× | 1.34× | ||
| Q1 25 | 5.96× | 1.44× | ||
| Q4 24 | 2.33× | 1.46× | ||
| Q3 24 | 7.87× | 1.32× | ||
| Q2 24 | 2.26× | 1.48× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SWKS
| Sales Channel Through Intermediary | $915.6M | 88% |
| Sales Channel Directly To Consumer | $119.8M | 12% |
WST
| Proprietary Products | $661.8M | 82% |
| Contract Manufactured Products | $143.2M | 18% |
| Affiliated Entity | $3.3M | 0% |