Skyworks Solutions Inc (SWKS)

Gross profit margin

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Gross profit	US$ in thousands	1,720,800	2,107,300	2,604,300	2,512,400	1,612,900
Revenue	US$ in thousands	4,178,000	4,772,400	5,437,600	5,095,700	3,355,700
Gross profit margin		41.19%	44.16%	47.89%	49.30%	48.06%

September 30, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $1,720,800K ÷ $4,178,000K
= 41.19%

The gross profit margin of Skyworks Solutions Inc has shown a declining trend over the past five years, going from 48.06% in 2020 to 41.19% in 2024. This suggests that the company's cost of goods sold has been increasing at a faster rate than its revenues during this period. A lower gross profit margin may indicate reduced pricing power, higher production costs, or increased competition within the industry. It is crucial for the company to closely monitor and address the factors impacting its gross profit margin to maintain profitability and sustainable growth in the future.