Skyworks Solutions (NASDAQ: SWKS) approves 2026 executive incentive plan

Rhea-AI Filing Summary

Skyworks Solutions, Inc. has approved a Fiscal Year 2026 Executive Incentive Plan that sets cash bonus opportunities for senior management based on revenue and non-GAAP operating income for the 2026 fiscal year. Minimum performance levels must be reached before any payments are made.

Under the plan, the CEO can earn target cash incentives equal to 160% of base salary and the Senior Vice President and Chief Financial Officer can earn 100% if target metrics are achieved, with a maximum of two times these target awards if results exceed targets. The Executive Vice President, Chief Operations and Technology Officer has a 90% target, while the Senior Vice President, Human Resources and the Senior Vice President, General Counsel and Secretary each have 80% targets, all with the same potential to earn up to double their target amounts. The Compensation and Talent Committee will determine final payouts after year-end and may choose to deliver awards in company common stock instead of cash.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): December 11, 2025

Skyworks Solutions, Inc.

(Exact name of registrant as specified in its charter)

Delaware			001-05560			04-2302115
(State or other jurisdiction of incorporation)			(Commission File Number)			(I.R.S. Employer Identification No.)
5260 California Avenue						92617
Irvine, California
(Address of principal executive offices)						(Zip Code)

			(949)			231-3000
			(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading Symbol(s)			Name of each exchange on which registered
Common Stock, par value $0.25 per share			SWKS			Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(e)

Approval of Fiscal Year 2026 Executive Incentive Plan

On December 11, 2025, the Compensation and Talent Committee (the “Compensation Committee”) of the Board of Directors of Skyworks Solutions, Inc. (the “Company”) approved the Fiscal Year 2026 Executive Incentive Plan (the “Incentive Plan”). The Incentive Plan establishes cash incentive awards that may be earned by senior management approved for participation in the Incentive Plan, including the named executive officers of the Company, based on the Company’s achievement of certain corporate performance metrics during the Company’s 2026 fiscal year (the “Fiscal Year”). The Incentive Plan also establishes minimum performance metrics that must be achieved before any incentives are awarded under the Incentive Plan. The Incentive Plan’s annual corporate goals, which are approved in advance by the Compensation Committee, involve achievement of certain revenue and non-GAAP operating income metrics during the Fiscal Year.

Under the Incentive Plan, the Company’s Chief Executive Officer (“CEO”) and its Senior Vice President and Chief Financial Officer are each eligible to earn cash incentive awards equaling, in the aggregate, one-hundred and sixty percent (160%) and one-hundred percent (100%), respectively, of their base salaries for the Fiscal Year if the Company achieves its target performance metrics during the Fiscal Year, with the opportunity to earn up to a maximum of two (2) times their target awards to the extent the Company exceeds its target performance metrics in the Fiscal Year. The Company’s Executive Vice President, Chief Operations and Technology Officer is eligible to earn cash incentive awards equaling, in the aggregate, ninety percent (90%) of his base salary for the Fiscal Year if the Company achieves its target performance metrics during the Fiscal Year, with the opportunity to earn up to a maximum of two (2) times his target award to the extent the Company exceeds its target performance metrics in the Fiscal Year. The Company’s Senior Vice President, Human Resources and its Senior Vice President, General Counsel and Secretary (each a named executive officer of the Company within the meaning of the rules of the U.S. Securities and Exchange Commission) are each eligible to earn cash incentive awards equaling, in the aggregate, eighty percent (80%) of their base salaries for the Fiscal Year if the Company achieves its target performance metrics in the Fiscal Year, with the opportunity to earn up to a maximum of two (2) times their target awards to the extent the Company exceeds its target performance metrics in the Fiscal Year. Upon completion of the Fiscal Year, the Compensation Committee will determine the extent to which the Company’s performance metrics for the Fiscal Year were attained, review the CEO’s recommended payouts under the Incentive Plan, and approve any awards made under the Incentive Plan. In addition, the Compensation Committee has discretion to approve the issuance of the Company’s common stock in lieu of cash for all, or a part of, an award that is made under the Incentive Plan.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

						Skyworks Solutions, Inc.
December 12, 2025			By:			/s/ Robert J. Terry
			Name:			Robert J. Terry
			Title:			Senior Vice President, General Counsel and Secretary

FAQ

What did Skyworks Solutions (SWKS) approve in this 8-K filing?

Skyworks Solutions approved a Fiscal Year 2026 Executive Incentive Plan that sets cash incentive opportunities for senior management based on revenue and non-GAAP operating income in the 2026 fiscal year.

Which performance metrics drive the 2026 executive incentives at Skyworks Solutions (SWKS)?

The plan ties awards to the achievement of revenue and non-GAAP operating income metrics for the company’s 2026 fiscal year, and includes minimum performance thresholds before any incentives are paid.

What bonus opportunity does the CEO of Skyworks Solutions (SWKS) have under the 2026 plan?

The CEO is eligible for target cash incentive awards equal to 160% of base salary if target performance is achieved, with the opportunity to earn up to two times that target amount if performance exceeds the targets.

What are the target incentive percentages for other named executives at Skyworks Solutions (SWKS)?

The Senior Vice President and Chief Financial Officer has a 100% of base salary target, the Executive Vice President, Chief Operations and Technology Officer has a 90% target, and the Senior Vice President, Human Resources and Senior Vice President, General Counsel and Secretary each have 80% targets, all with potential payouts up to twice their targets if results exceed goals.

Can Skyworks Solutions (SWKS) pay 2026 executive incentives in stock instead of cash?

Yes. The Compensation and Talent Committee has discretion to approve the issuance of company common stock in lieu of cash for all or part of any award under the 2026 Executive Incentive Plan.

Who decides the final 2026 incentive payouts at Skyworks Solutions (SWKS)?

After the 2026 fiscal year ends, the Compensation and Talent Committee will determine how the company performed against its metrics, review the CEO’s recommended payouts, and approve any awards under the plan.