Qorvo Announces Preliminary Fiscal 2026 Second Quarter Financial Results and Merger Agreement with Skyworks

Qorvo, Inc. announced preliminary financial results for its fiscal 2026 second quarter ended September 27, 2025. The company reported GAAP revenue of $1.1 billion, gross margin of 47.0%, and diluted earnings per share of $1.28. On a non-GAAP basis, the gross margin was 49.7%, and diluted earnings per share were $2.22. Additionally, Qorvo and Skyworks Solutions, Inc. entered into a definitive agreement to combine the two companies in a cash-and-stock transaction valued at approximately $22 billion. The merger aims to create a U.S.-based global leader in high-performance radio frequency, analog, and mixed-signal semiconductors. The companies will host a joint conference call to discuss the transaction. Qorvo will announce its full financial results for the second quarter on November 3, 2025.