Live price temporarily unavailable.
Qorvo (QRVO) is a Information Technology company in the Russell 1000. Latest news and coverage below.
Qorvo revenue & net income history (FY2017–FY2026)
| FY2017Apr 2017 | FY2018Mar 2018 | FY2019Mar 2019 | FY2020Mar 2020 | FY2021Apr 2021 | FY2022Apr 2022 | FY2023Apr 2023 | FY2024Mar 2024 | FY2025Mar 2025 | FY2026Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $3.03B | $2.97B | $3.09B | $3.24B | $4.02B | $4.65B | $3.57B | $3.77B | $3.72B | $3.68B |
| Growth (year over year) | +16.2% | −1.9% | +3.9% | +4.8% | +24.0% | +15.7% | −23.2% | +5.6% | −1.3% | −1.1% |
| Gross profit | $1.14B | $1.15B | $1.20B | $1.32B | $1.88B | $2.29B | $1.30B | $1.49B | $1.54B | $1.69B |
| Gross margin | 37.4% | 38.6% | 38.7% | 40.8% | 46.9% | 49.2% | 36.3% | 39.5% | 41.3% | 45.9% |
| Operating income | $88.1M | $70.3M | $216.5M | $423.2M | $906.6M | $1.23B | $183.2M | $91.7M | $95.5M | $411.4M |
| Operating margin | 2.9% | 2.4% | 7.0% | 13.1% | 22.6% | 26.4% | 5.1% | 2.4% | 2.6% | 11.2% |
| Net income | −$16.6M | −$40.3M | $133.1M | $334.3M | $733.6M | $1.03B | $103.2M | −$70.3M | $55.6M | $339.0M |
| Net margin | −0.5% | −1.4% | 4.3% | 10.3% | 18.3% | 22.2% | 2.9% | −1.9% | 1.5% | 9.2% |
| EPS (diluted) | −$0.13 | −$0.32 | $1.05 | $2.80 | $6.32 | $9.26 | $1.00 | −$0.72 | $0.58 | $3.62 |
| Balance sheet | ||||||||||
| Cash and equivalents | $545.5M | $926.0M | $711.0M | $714.9M | $1.40B | $972.6M | $808.8M | $1.03B | $1.02B | $1.22B |
| Total assets | $6.52B | $6.38B | $5.81B | $6.56B | $7.22B | $7.51B | $6.69B | $6.55B | $5.93B | $5.83B |
| Total liabilities | $1.63B | $1.61B | $1.45B | $2.27B | $2.59B | $2.96B | $2.79B | $3.00B | $2.54B | $2.48B |
| Long-term debt | $989.2M | $983.3M | $920.9M | $1.57B | $1.74B | $2.05B | $2.05B | $1.55B | $1.55B | $1.55B |
| Shareholders' equity | $4.90B | $4.78B | $4.36B | $4.29B | $4.63B | $4.55B | $3.90B | $3.56B | $3.39B | $3.34B |
| Cash flow | ||||||||||
| Operating cash flow | $776.8M | $852.5M | $810.4M | $945.6M | $1.30B | $1.05B | $843.2M | $833.2M | $622.2M | $808.6M |
| Capital expenditure | $552.7M | $269.8M | $220.9M | $164.1M | $187.0M | $213.5M | $159.0M | $127.2M | $137.6M | $129.1M |
| Free cash flow | $224.1M | $582.7M | $589.4M | $781.5M | $1.11B | $835.8M | $684.3M | $706.0M | $484.6M | $679.6M |
| Share buybacks | $209.4M | $219.9M | $638.1M | $515.1M | $515.1M | $1.15B | $861.8M | $400.1M | $356.3M | $532.6M |
| Q1 FY25Jun 2024 | Q2 FY25Sep 2024 | Q3 FY25Dec 2024 | Q4 FY25†Mar 2025 | Q1 FY26Jun 2025 | Q2 FY26Sep 2025 | Q3 FY26Dec 2025 | Q4 FY26†Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $886.7M | $1.05B | $916.3M | $869.5M | $818.8M | $1.06B | $993.0M | $808.3M |
| Growth (year over year) | +36.2% | −5.2% | −14.7% | −7.6% | −7.7% | +1.1% | +8.4% | −7.0% |
| Gross profit | $332.3M | $445.3M | $391.4M | $366.6M | $331.8M | $497.1M | $464.2M | $395.0M |
| Gross margin | 37.5% | 42.6% | 42.7% | 42.2% | 40.5% | 47.0% | 46.7% | 48.9% |
| Operating income | $4.61M | $9.68M | $53.0M | $28.2M | $30.1M | $157.7M | $192.1M | $31.5M |
| Operating margin | 0.5% | 0.9% | 5.8% | 3.2% | 3.7% | 14.9% | 19.4% | 3.9% |
| Net income | $414.0K | −$17.4M | $41.3M | $31.4M | $25.6M | $119.6M | $164.1M | $29.7M |
| Net margin | 0.0% | −1.7% | 4.5% | 3.6% | 3.1% | 11.3% | 16.5% | 3.7% |
| EPS (diluted) | $0.00 | −$0.18 | $0.43 | $0.33 | $0.27 | $1.28 | $1.75 | $0.32 |
| Balance sheet | ||||||||
| Cash and equivalents | $1.08B | $1.10B | $769.4M | $1.02B | $1.17B | $1.10B | $1.32B | $1.22B |
| Total assets | $6.45B | $6.50B | $5.96B | $5.93B | $6.00B | $6.10B | $6.16B | $5.83B |
| Total liabilities | $2.96B | $3.09B | $2.58B | $2.54B | $2.56B | $2.59B | $2.47B | $2.48B |
| Long-term debt | $1.55B | $1.55B | $1.55B | $1.55B | $1.55B | $1.55B | $1.55B | $1.55B |
| Shareholders' equity | $3.49B | $3.41B | $3.38B | $3.39B | $3.44B | $3.51B | $3.70B | $3.34B |
| Cash flow | ||||||||
| Operating cash flow | $81.1M | $127.8M | $214.1M | $199.2M | $182.9M | $84.0M | $265.4M | $276.3M |
| Capital expenditure | $38.2M | $33.0M | $37.8M | $28.5M | $37.5M | $41.8M | $28.5M | $21.2M |
| Free cash flow | $42.9M | $94.8M | $176.2M | $170.7M | $145.4M | $42.2M | $236.9M | $255.0M |
| Share buybacks | $124.9M | $81.4M | $100.0M | $50.0M | $49.9M | $65.1M | $17.5M | $400.1M |
From Qorvo's 10-K and 10-Q filings with the SEC; its fiscal year ends in March. Each period shows the latest figure the company has reported for it, including restatements. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
About Qorvo
Qorvo, Inc. is an American multinational company specializing in products for wireless, wired, and power markets. The company was created by the merger of TriQuint Semiconductor and RF Micro Devices, which was announced in 2014 and completed on January 1, 2015. It trades on Nasdaq under the ticker symbol QRVO. The headquarters for the company originally were in both Hillsboro, Oregon, and Greensboro, North Carolina, but in mid-2016 the company began referring to its North Carolina site as its exclusive headquarters.
- Headquarters
- Greensboro, North Carolina From SEC filings, Oct 2026
Recent News (2)
-
Skyworks completes merger with Qorvo in $32.5B deal
Skyworks completes merger with Qorvo in $32.5B deal
-
Skyworks Completes Combination with Qorvo Skyworks Completes Combination with Qorvo Expands technology portfolio and addressable market, with $500 million or more in expected annual cost synergies
More Information Technology stocks
- ALAB Astera Labs
- ARM Arm Holdings
- ASML ASML Holding
- MRVL Marvell Technology
- AAPL Apple Inc.
- ACN Accenture
- ADBE Adobe Inc.
- ADI Analog Devices