Qorvo Key Executives

This section highlights Qorvo's key executives, including their titles and compensation details.

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Qorvo Earnings

This section highlights Qorvo's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.

Next Earnings Date

Date: May 07, 2025
Time: After Market
Est. EPS: $1.00
Status: Unconfirmed

Last Earnings Results

Date: January 28, 2025
EPS: $1.61
Est. EPS: $1.21
Revenue: $916.32M

Earnings Call Transcripts

Transcript Quarter Year Date Estimated EPS Actual EPS
Read Transcript Q3 2025 2025-01-28 $1.21 $1.61
Read Transcript Q2 2025 2024-10-29 $1.85 $1.88
Read Transcript Q1 2025 2024-07-30 $0.71 $0.87
Read Transcript Q4 2024 2024-05-01 $1.21 $1.39
Read Transcript Q3 2024 2024-01-31 $1.65 $2.10
Read Transcript Q2 2024 2023-11-01 $1.77 $2.39
Read Transcript Q1 2024 2023-08-02 $0.15 $0.34
Read Transcript Q4 2023 2023-05-03 $0.12 $0.26
Read Transcript Q3 2023 2023-02-01 $0.64 $0.75
Read Transcript Q2 2023 2022-11-02 $2.55 $2.66
Read Transcript Q1 2023 2022-08-03 $2.12 $2.25

Qorvo, Inc. (QRVO)

Qorvo, Inc. develops and commercializes technologies and products for wireless, wired, and power markets worldwide. The company operates through two segments, Mobile Products, and Infrastructure and Defense Products. It offers mobile devices, such as smartphones, wearables, laptops, tablets and other devices; radio frequency power management integrated circuits, ultra-wideband (UWB) system-on-a-chip (SoC) and system-in-package (SiP) solutions, MEMS-based sensors, antenna tuners, and antennaplexers, as well as discrete multiplexers, duplexers, filters, and switches; and cellular base stations include switch-low noise amplifier (LNA) modules, variable gain amplifiers, integrated power amplifier (PA) Doherty modules, discrete LNAs, and high power GaN amplifiers. The company's also provides SiC products, such as Schottky diodes and transistors for automotive, industrial, IT infrastructure and renewable energy markets; SoC hardware, firmware, and application software for smart home applications; power management solutions include programmable power management integrated circuits (ICs) and power application controllers; RF products and compound semiconductor foundry services to defense primes and other global defense and aerospace customers; RF connectivity and UWB SoC solutions for automotive connectivity; and Wi-Fi products, such as PAs, switches, LNAs and bulk acoustic wave filters, as well as integrated solutions including front end modules (FEMs) and integrated FEMs. It sells its products directly to original equipment manufacturers and original design manufacturers, as well as through a network of sales representative firms and distributors. The company was founded in 1957 and is headquartered in Greensboro, North Carolina.

Technology Semiconductors

$71.80

Stock Price

$6.71B

Market Cap

8.70K

Employees

Greensboro, NC

Location

Financial Statements

Access annual & quarterly financial statements for Qorvo, including income statements, balance sheets, and cash flow statements..

Annual Income Statement

Breakdown March 30, 2024 April 01, 2023 April 02, 2022 April 03, 2021 March 28, 2020
Revenue $3.77B $3.57B $4.65B $4.02B $3.24B
Cost of Revenue $2.28B $2.27B $2.36B $2.13B $1.92B
Gross Profit $1.49B $1.30B $2.29B $1.88B $1.32B
Gross Profit Ratio 39.49% 36.30% 49.21% 46.90% 40.81%
Research and Development Expenses $682.25M $649.84M $623.64M $570.39M $484.41M
General and Administrative Expenses $- $- $- $- $-
Selling and Marketing Expenses $- $- $- $- $-
Selling General and Administrative Expenses $389.14M $358.79M $349.72M $367.24M $343.57M
Other Expenses $325.40M $105.14M $86.75M $39.31M $70.56M
Operating Expenses $1.40B $1.11B $1.06B $976.94M $898.55M
Cost and Expenses $3.68B $3.39B $3.42B $3.11B $2.82B
Interest Income $- $21.10M $60.63M $75.20M $12.07M
Interest Expense $69.25M $68.46M $63.33M $75.20M $60.39M
Depreciation and Amortization $320.93M $338.85M $361.42M $456.10M $468.93M
EBITDA $463.74M $531.94M $1.61B $1.34B $924.41M
EBITDA Ratio 12.30% 5.41% 26.79% 21.98% 14.06%
Operating Income $91.70M $183.17M $883.00M $426.47M $-13.45M
Operating Income Ratio 2.43% 5.13% 19.01% 10.62% -0.42%
Total Other Income Expenses Net $-18.14M $-58.54M $-44.98M $-99.25M $-28.13M
Income Before Tax $73.56M $124.63M $1.18B $807.38M $395.09M
Income Before Tax Ratio 1.95% 3.49% 25.42% 20.11% 12.20%
Income Tax Expense $143.88M $21.48M $147.73M $73.77M $60.76M
Net Income $-70.32M $103.15M $1.03B $733.61M $334.32M
Net Income Ratio -1.87% 2.89% 22.24% 18.27% 10.32%
EPS $-0.72 $1.01 $9.38 $6.43 $2.86
EPS Diluted $-0.72 $1.00 $9.26 $6.32 $2.80
Weighted Average Shares Outstanding 97.56M 102.21M 110.20M 114.03M 117.01M
Weighted Average Shares Outstanding Diluted 97.56M 103.02M 111.55M 116.02M 119.29M
SEC Filing Source Source Source Source Source


Breakdown December 28, 2024 September 28, 2024 June 29, 2024 March 30, 2024 December 30, 2023 September 30, 2023 July 01, 2023 April 01, 2023 December 31, 2022 October 01, 2022 July 02, 2022 April 02, 2022 January 01, 2022 October 02, 2021 July 03, 2021 April 03, 2021 January 02, 2021 October 03, 2020 June 27, 2020 March 28, 2020
Revenue $916.32M $1.05B $886.67M $940.99M $1.07B $1.10B $651.16M $632.70M $743.28M $1.16B $1.04B $1.17B $1.11B $1.26B $1.11B $1.07B $1.09B $1.06B $787.45M $787.77M
Cost of Revenue $524.90M $601.20M $554.37M $530.61M $685.98M $613.80M $422.09M $517.99M $475.23M $619.13M $660.11M $595.82M $565.86M $633.70M $564.17M $544.25M $557.08M $568.74M $461.66M $451.99M
Gross Profit $391.42M $445.31M $332.30M $410.38M $387.88M $489.69M $229.07M $114.71M $268.05M $538.93M $375.25M $570.34M $548.09M $621.55M $546.18M $528.48M $537.75M $491.55M $325.79M $335.78M
Gross Profit Ratio 42.72% 42.60% 37.50% 43.60% 36.10% 44.40% 35.20% 18.10% 36.10% 46.50% 36.20% 48.90% 49.20% 49.50% 49.20% 49.30% 49.10% 46.40% 41.40% 42.62%
Research and Development Expenses $179.13M $201.05M $187.60M $179.88M $164.33M $174.95M $163.09M $163.64M $149.47M $168.16M $168.57M $158.75M $154.44M $158.38M $152.08M $147.28M $136.70M $156.34M $130.07M $127.03M
General and Administrative Expenses $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Selling and Marketing Expenses $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Selling General and Administrative Expenses $90.36M $107.76M $112.34M $87.95M $86.91M $103.70M $105.42M $82.95M $76.27M $97.75M $101.81M $83.93M $82.00M $93.49M $90.30M $78.12M $93.14M $109.37M $86.60M $85.11M
Other Expenses $68.91M $126.82M $-8.42M $-50.44M $15.36M $5.21M $13.72M $57.10M $33.58M $11.45M $3.01M $57.07M $15.64M $4.75M $16.79M $9.13M $-58.23M $1.92M $23.14M $-18.58M
Operating Expenses $338.39M $435.63M $308.36M $318.27M $429.45M $338.26M $277.21M $303.70M $259.32M $277.37M $273.39M $299.74M $252.08M $259.19M $249.08M $235.41M $238.55M $269.91M $233.08M $233.63M
Cost and Expenses $863.29M $1.04B $862.73M $848.88M $1.12B $952.07M $699.30M $821.68M $734.55M $896.50M $933.50M $895.56M $817.95M $892.89M $813.25M $779.66M $795.63M $838.65M $694.74M $685.62M
Interest Income $- $- $- $17.28M $- $17.12M $17.26M $3.86M $17.07M $16.90M $- $- $- $- $- $- $467.00K $1.27M $1.19M $3.95M
Interest Expense $18.66M $22.59M $17.09M $17.28M $17.58M $17.12M $17.26M $17.24M $17.07M $16.90M $17.25M $17.39M $15.33M $15.33M $15.28M $15.41M $17.45M $23.49M $18.85M $18.93M
Depreciation and Amortization $73.83M $76.08M $76.15M $78.86M $78.86M $5.21M $81.01M $84.13M $84.19M $84.70M $85.72M $89.80M $92.33M $89.39M $89.83M $85.99M $124.85M $123.15M $122.11M $118.69M
EBITDA $141.38M $101.18M $92.52M $124.18M $52.65M $235.91M $46.59M $-97.64M $98.48M $348.48M $182.52M $354.66M $390.88M $456.51M $403.73M $388.18M $365.82M $346.72M $237.96M $202.26M
EBITDA Ratio 15.43% 9.67% 11.29% 11.70% 4.90% 14.19% -5.29% -28.73% 1.92% 22.78% 9.35% 22.71% 26.80% 29.25% 28.27% 28.17% 22.01% 21.09% 14.71% 10.61%
Operating Income $53.02M $9.68M $23.94M $92.11M $-41.57M $151.43M $-48.14M $-188.98M $-69.90M $179.08M $11.08M $175.01M $280.68M $362.36M $297.10M $293.07M $299.20M $221.64M $92.71M $102.15M
Operating Income Ratio 5.79% 0.92% 2.70% 9.79% -3.87% 13.72% -7.39% -29.87% -9.40% 15.46% 1.07% 15.01% 25.20% 28.87% 26.76% 27.32% 27.33% 20.90% 11.77% 12.97%
Total Other Income Expenses Net $-4.13M $-7.17M $-24.66M $-464.00K $-2.22M $-11.91M $-3.54M $-127.36M $-11.50M $-14.69M $-22.31M $-23.13M $-12.80M $-10.57M $1.51M $-6.28M $-75.69M $-21.57M $4.29M $-37.52M
Income Before Tax $48.90M $2.50M $-723.00K $29.51M $-43.79M $139.52M $-51.68M $-199.01M $-2.77M $246.87M $79.55M $247.47M $283.21M $351.79M $298.61M $286.79M $223.52M $200.08M $97.00M $64.64M
Income Before Tax Ratio 5.34% 0.24% -0.08% 3.14% -4.08% 12.64% -7.94% -31.45% -0.37% 21.32% 7.68% 21.22% 25.42% 28.03% 26.89% 26.73% 20.42% 18.87% 12.32% 8.20%
Income Tax Expense $7.62M $19.94M $-1.14M $26.78M $83.15M $42.06M $-8.10M $-60.60M $13.16M $58.26M $10.66M $35.19M $66.95M $32.60M $12.99M $-11.95M $22.48M $63.16M $78.00K $14.24M
Net Income $41.27M $-17.43M $414.00K $2.73M $-126.94M $97.46M $-43.58M $-138.42M $-15.93M $188.62M $68.88M $212.28M $216.26M $319.19M $285.63M $298.74M $201.03M $136.92M $96.92M $50.39M
Net Income Ratio 4.50% -1.67% 0.05% 0.29% -11.82% 8.83% -6.69% -21.88% -2.14% 16.29% 6.65% 18.20% 19.41% 25.43% 25.72% 27.85% 18.36% 12.91% 12.31% 6.40%
EPS $0.44 $-0.18 $0.00 $0.03 $-1.31 $1.00 $-0.44 $-1.40 $-0.16 $1.85 $0.67 $2.00 $1.97 $2.87 $2.55 $2.65 $1.77 $1.20 $0.85 $0.44
EPS Diluted $0.43 $-0.18 $0.00 $0.03 $-1.31 $0.99 $-0.44 $-1.40 $-0.16 $1.82 $0.65 $1.95 $1.95 $2.84 $2.51 $2.60 $1.74 $1.18 $0.83 $0.43
Weighted Average Shares Outstanding 94.34M 94.89M 95.47M 96.55M 97.15M 97.94M 98.51M 98.65M 100.94M 102.06M 103.34M 106.30M 109.69M 111.03M 112.03M 112.56M 113.30M 114.11M 114.35M 114.62M
Weighted Average Shares Outstanding Diluted 95.03M 94.89M 96.51M 97.33M 97.15M 98.59M 98.51M 98.65M 100.94M 103.67M 106.08M 108.69M 110.81M 112.41M 113.87M 115.01M 115.69M 116.18M 116.75M 117.76M
SEC Filing Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source

Annual Balance Sheet

Breakdown March 30, 2024 April 01, 2023 April 02, 2022 April 03, 2021 March 28, 2020
Cash and Cash Equivalents $1.03B $808.76M $972.59M $1.40B $714.94M
Short Term Investments $- $1.09M $2.91M $3.80M $459.00K
Cash and Short Term Investments $1.03B $808.76M $972.59M $1.40B $714.94M
Net Receivables $427.39M $331.05M $601.00M $488.25M $387.59M
Inventory $710.55M $796.60M $755.75M $507.79M $517.20M
Other Current Assets $278.83M $93.39M $120.52M $89.88M $70.78M
Total Current Assets $2.45B $2.03B $2.45B $2.48B $1.69B
Property Plant Equipment Net $932.27M $1.15B $1.25B $1.27B $1.26B
Goodwill $2.53B $2.76B $2.78B $2.64B $2.61B
Intangible Assets $509.38M $537.70M $674.79M $611.15M $808.89M
Goodwill and Intangible Assets $3.04B $3.30B $3.45B $3.25B $3.42B
Long Term Investments $23.25M $20.41M $31.09M $35.37M $22.52M
Tax Assets $- $38.06M $36.82M $59.06M $45.75M
Other Non-Current Assets $109.09M $155.32M $287.29M $123.35M $119.54M
Total Non-Current Assets $4.11B $4.66B $5.06B $4.74B $4.87B
Other Assets $- $- $- $- $-
Total Assets $6.55B $6.69B $7.51B $7.22B $6.56B
Account Payables $252.99M $210.70M $327.92M $313.87M $246.95M
Short Term Debt $438.74M $- $17.39M $5.09M $6.89M
Tax Payables $59.90M $63.60M $87.80M $86.70M $50.80M
Deferred Revenue $- $-19.36M $-17.39M $249.97M $210.91M
Other Current Liabilities $478.45M $281.46M $242.02M $275.92M $234.36M
Total Current Liabilities $1.23B $555.76M $675.13M $681.58M $539.00M
Long Term Debt $1.55B $2.12B $2.11B $1.80B $1.63B
Deferred Revenue Non-Current $- $-14.65M $- $- $-39.34M
Deferred Tax Liabilities Non-Current $- $14.65M $- $- $39.34M
Other Non-Current Liabilities $218.90M $116.12M $172.12M $114.74M $103.71M
Total Non-Current Liabilities $1.77B $2.23B $2.28B $1.91B $1.73B
Other Liabilities $- $- $- $- $-
Total Liabilities $3.00B $2.79B $2.96B $2.59B $2.27B
Preferred Stock $- $- $- $- $-
Common Stock $3.65B $3.82B $4.04B $4.24B $4.29B
Retained Earnings $-89.60M $84.50M $512.14M $355.04M $-
Accumulated Other Comprehensive Income Loss $-5.10M $-3.17M $5.23M $29.65M $2.29M
Other Total Stockholders Equity $- $- $- $- $-
Total Stockholders Equity $3.56B $3.90B $4.55B $4.63B $4.29B
Total Equity $3.56B $3.90B $4.55B $4.63B $4.29B
Total Liabilities and Stockholders Equity $6.55B $6.69B $7.51B $7.22B $6.56B
Minority Interest $- $- $- $- $-
Total Liabilities and Total Equity $6.55B $6.69B $7.51B $7.22B $6.56B
Total Investments $23.25M $20.41M $31.09M $35.37M $22.52M
Total Debt $1.99B $2.05B $2.05B $1.74B $1.57B
Net Debt $958.75M $1.24B $1.07B $344.67M $852.29M


Balance Sheet Charts

Breakdown December 28, 2024 September 28, 2024 June 29, 2024 March 30, 2024 December 30, 2023 September 30, 2023 July 01, 2023 April 01, 2023 December 31, 2022 October 01, 2022 July 02, 2022 April 02, 2022 January 01, 2022 October 02, 2021 July 03, 2021 April 03, 2021 January 02, 2021 October 03, 2020 June 27, 2020 March 28, 2020
Cash and Cash Equivalents $769.43M $1.10B $1.08B $1.03B $1.07B $706.84M $744.43M $808.76M $918.76M $911.57M $858.79M $972.59M $988.53M $1.15B $1.20B $1.40B $1.23B $2.00B $1.14B $714.94M
Short Term Investments $- $- $- $84.00K $- $- $- $1.09M $- $- $- $2.91M $- $- $- $3.80M $- $- $- $459.00K
Cash and Short Term Investments $769.43M $1.10B $1.08B $1.03B $1.07B $706.84M $744.43M $808.76M $918.76M $911.57M $858.79M $972.59M $988.53M $1.15B $1.20B $1.40B $1.23B $2.00B $1.14B $714.94M
Net Receivables $438.72M $593.76M $439.96M $427.39M $514.66M $620.63M $327.24M $331.05M $398.47M $668.91M $556.11M $601.00M $644.22M $696.63M $516.54M $457.43M $519.70M $498.93M $337.36M $387.59M
Inventory $656.22M $694.46M $726.56M $710.55M $726.69M $839.86M $917.39M $796.60M $857.28M $840.85M $847.38M $755.75M $710.23M $597.56M $570.14M $507.79M $479.34M $476.85M $523.69M $517.20M
Other Current Assets $232.49M $147.79M $129.26M $278.83M $115.03M $95.56M $98.72M $93.39M $83.20M $99.95M $110.21M $120.52M $102.88M $93.90M $87.16M $93.38M $88.80M $86.69M $81.97M $70.78M
Total Current Assets $2.10B $2.53B $2.38B $2.45B $2.43B $2.26B $2.09B $2.03B $2.26B $2.52B $2.37B $2.45B $2.45B $2.54B $2.37B $2.48B $2.32B $3.06B $2.08B $1.69B
Property Plant Equipment Net $820.87M $846.54M $866.84M $932.27M $1.04B $1.06B $1.09B $1.15B $1.19B $1.22B $1.23B $1.25B $1.27B $1.28B $1.27B $1.27B $1.23B $1.22B $1.24B $1.26B
Goodwill $2.44B $2.44B $2.53B $2.53B $2.54B $2.71B $2.76B $2.76B $2.77B $2.76B $2.77B $2.78B $2.82B $2.73B $2.74B $2.64B $2.65B $2.64B $2.62B $2.61B
Intangible Assets $332.34M $445.71M $473.59M $509.38M $499.96M $473.16M $507.17M $537.70M $567.38M $585.86M $629.59M $674.79M $718.10M $615.49M $656.90M $611.15M $656.24M $714.57M $738.35M $808.89M
Goodwill and Intangible Assets $2.77B $2.88B $3.01B $3.04B $3.04B $3.18B $3.27B $3.30B $3.34B $3.34B $3.40B $3.45B $3.54B $3.35B $3.39B $3.25B $3.31B $3.35B $3.35B $3.42B
Long Term Investments $25.69M $24.80M $25.72M $23.25M $24.71M $25.65M $27.02M $20.41M $24.22M $29.45M $28.28M $31.09M $38.23M $36.91M $45.94M $35.37M $31.27M $37.85M $36.92M $22.52M
Tax Assets $- $- $- $25.40M $- $- $- $38.06M $- $- $- $36.82M $- $- $- $- $- $- $- $-
Other Non-Current Assets $250.09M $215.77M $169.51M $83.69M $166.44M $187.36M $216.01M $155.32M $264.79M $258.09M $298.95M $287.29M $332.74M $371.87M $186.58M $182.40M $148.32M $144.49M $177.24M $165.30M
Total Non-Current Assets $3.87B $3.97B $4.07B $4.11B $4.27B $4.46B $4.60B $4.66B $4.82B $4.85B $4.96B $5.06B $5.18B $5.04B $4.90B $4.74B $4.72B $4.76B $4.80B $4.87B
Other Assets $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Assets $5.96B $6.50B $6.45B $6.55B $6.70B $6.72B $6.69B $6.69B $7.08B $7.37B $7.33B $7.51B $7.63B $7.58B $7.27B $7.22B $7.04B $7.82B $6.88B $6.56B
Account Payables $283.34M $321.88M $304.38M $252.99M $282.95M $275.26M $294.17M $210.70M $225.11M $322.25M $327.88M $327.92M $357.88M $521.57M $352.14M $313.87M $301.58M $242.15M $225.91M $246.95M
Short Term Debt $- $412.18M $411.85M $438.74M $479.96M $- $- $- $- $- $- $17.39M $771.00K $5.54M $5.24M $5.09M $5.09M $905.09M $6.59M $6.89M
Tax Payables $-10.07M $-3.61M $- $59.90M $- $- $- $63.60M $- $- $- $87.80M $- $- $- $- $- $- $- $-
Deferred Revenue $- $- $- $59.90M $327.49M $-96.00K $-113.00K $-19.36M $-451.00K $-571.00K $-726.00K $-17.39M $-771.00K $279.14M $243.83M $249.97M $209.44M $240.84M $185.77M $210.91M
Other Current Liabilities $534.59M $603.29M $500.31M $478.45M $517.41M $396.69M $344.81M $281.46M $388.48M $441.88M $390.57M $242.02M $314.78M $375.38M $346.33M $362.62M $307.23M $329.78M $276.84M $285.16M
Total Current Liabilities $807.86M $1.33B $1.22B $1.23B $1.28B $671.94M $638.98M $555.76M $613.59M $764.13M $718.45M $675.13M $673.43M $902.50M $703.71M $681.58M $613.90M $1.48B $509.33M $539.00M
Long Term Debt $1.55B $1.55B $1.55B $1.60B $1.55B $2.05B $2.05B $2.12B $2.05B $2.05B $2.05B $2.11B $2.05B $1.74B $1.74B $1.80B $1.74B $1.76B $1.87B $1.63B
Deferred Revenue Non-Current $- $- $- $50.58M $- $- $- $-14.65M $- $- $- $- $- $- $- $- $- $- $- $-
Deferred Tax Liabilities Non-Current $- $- $- $34.21M $- $- $- $14.65M $- $- $- $- $- $- $- $- $- $- $- $-
Other Non-Current Liabilities $225.57M $209.93M $195.24M $168.33M $230.27M $180.81M $187.14M $116.12M $250.32M $241.07M $264.28M $172.12M $239.01M $205.66M $178.21M $114.74M $179.99M $175.84M $152.61M $103.71M
Total Non-Current Liabilities $1.77B $1.76B $1.74B $1.77B $1.78B $2.23B $2.24B $2.23B $2.30B $2.29B $2.31B $2.28B $2.29B $1.95B $1.92B $1.91B $1.92B $1.94B $2.02B $1.73B
Other Liabilities $- $- $1 $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Liabilities $2.58B $3.09B $2.96B $3.00B $3.06B $2.90B $2.87B $2.79B $2.91B $3.05B $3.03B $2.96B $2.96B $2.85B $2.62B $2.59B $2.54B $3.42B $2.53B $2.27B
Preferred Stock $- $- $1 $- $- $- $- $- $- $41.78M $- $- $- $- $- $- $- $- $- $-
Common Stock $3.46B $3.52B $3.58B $3.65B $3.73B $3.80B $3.82B $3.82B $3.86B $3.92B $3.96B $4.04B $4.12B $4.16B $4.21B $4.24B $4.26B $4.27B $4.29B $4.29B
Retained Earnings $-65.35M $-106.62M $-89.18M $-89.60M $-92.33M $34.61M $- $84.50M $315.99M $447.95M $356.08M $512.14M $533.49M $546.15M $404.56M $355.04M $193.33M $112.56M $49.23M $-
Accumulated Other Comprehensive Income Loss $-10.07M $1.15M $-6.03M $-5.10M $102.00K $-13.61M $-4.04M $-3.17M $-11.37M $-41.78M $-17.97M $5.23M $14.61M $23.43M $32.92M $29.65M $47.49M $26.62M $8.39M $2.29M
Other Total Stockholders Equity $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Stockholders Equity $3.38B $3.41B $3.49B $3.56B $3.64B $3.82B $3.81B $3.90B $4.16B $4.32B $4.30B $4.55B $4.67B $4.73B $4.65B $4.63B $4.50B $4.41B $4.35B $4.29B
Total Equity $3.38B $3.41B $3.49B $3.56B $3.64B $3.82B $3.81B $3.90B $4.16B $4.32B $4.30B $4.55B $4.67B $4.73B $4.65B $4.63B $4.50B $4.41B $4.35B $4.29B
Total Liabilities and Stockholders Equity $5.96B $6.50B $6.45B $6.55B $6.70B $6.72B $6.69B $6.69B $7.08B $7.37B $7.33B $7.51B $7.63B $7.58B $7.27B $7.22B $7.04B $7.82B $6.88B $6.56B
Minority Interest $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Liabilities and Total Equity $5.96B $6.50B $6.45B $6.55B $6.70B $6.72B $6.69B $6.69B $7.08B $7.37B $7.33B $7.51B $7.63B $7.58B $7.27B $7.22B $7.04B $7.82B $6.88B $6.56B
Total Investments $25.69M $24.80M $25.72M $23.25M $24.71M $25.65M $27.02M $20.41M $24.22M $29.45M $28.28M $31.09M $38.23M $36.91M $45.94M $35.37M $31.27M $37.85M $36.92M $22.52M
Total Debt $1.55B $1.96B $1.96B $2.05B $2.03B $2.05B $2.05B $2.05B $2.05B $2.05B $2.05B $2.05B $2.05B $1.74B $1.74B $1.74B $1.74B $2.67B $1.87B $1.57B
Net Debt $779.80M $864.97M $878.70M $1.02B $958.41M $1.34B $1.30B $1.24B $1.13B $1.14B $1.19B $1.07B $1.06B $587.38M $541.30M $344.67M $509.38M $669.23M $733.20M $852.29M

Annual Cash Flow

Breakdown March 30, 2024 April 01, 2023 April 02, 2022 April 03, 2021 March 28, 2020
Net Income $-70.32M $103.15M $1.03B $733.61M $334.32M
Depreciation and Amortization $320.93M $338.85M $361.42M $456.10M $468.93M
Deferred Income Tax $19.41M $-66.14M $31.88M $-18.14M $-11.10M
Stock Based Compensation $120.83M $105.58M $83.51M $89.32M $75.98M
Change in Working Capital $142.40M $96.98M $-523.80M $-21.66M $92.25M
Accounts Receivables $-105.78M $264.78M $-107.90M $-91.28M $21.03M
Inventory $92.91M $-81.45M $-236.20M $9.39M $10.25M
Accounts Payables $89.14M $-115.50M $33.95M $34.20M $15.43M
Other Working Capital $66.13M $29.15M $-213.66M $26.02M $45.54M
Other Non Cash Items $299.94M $264.81M $62.89M $62.62M $-14.73M
Net Cash Provided by Operating Activities $833.19M $843.23M $1.05B $1.30B $945.65M
Investments in Property Plant and Equipment $-127.23M $-158.95M $-213.47M $-186.96M $-164.10M
Acquisitions Net $-33.43M $-95.00K $-389.14M $-47.07M $-946.04M
Purchases of Investments $- $- $- $- $-
Sales Maturities of Investments $- $- $- $- $1.95M
Other Investing Activities $24.19M $5.64M $6.65M $15.37M $2.46M
Net Cash Used for Investing Activities $-136.47M $-153.41M $-595.96M $-218.66M $-1.11B
Debt Repayment $-58.31M $- $301.57M $118.76M $659.00M
Common Stock Issued $36.92M $32.51M $38.30M $42.60M $50.20M
Common Stock Repurchased $-400.05M $-861.75M $-1.15B $-515.08M $-515.13M
Dividends Paid $- $- $- $- $-
Other Financing Activities $-38.13M $-24.11M $-63.10M $-48.19M $-28.51M
Net Cash Used Provided by Financing Activities $-459.57M $-853.35M $-875.51M $-401.92M $165.56M
Effect of Forex Changes on Cash $3.17M $-331.00K $-3.28M $1.43M $-1.23M
Net Change in Cash $240.31M $-163.86M $-425.50M $682.70M $4.23M
Cash at End of Period $1.05B $808.94M $972.80M $1.40B $715.61M
Cash at Beginning of Period $808.94M $972.80M $1.40B $715.61M $711.38M
Operating Cash Flow $833.19M $843.23M $1.05B $1.30B $945.65M
Capital Expenditure $-127.23M $-158.95M $-213.47M $-186.96M $-164.10M
Free Cash Flow $705.96M $684.28M $835.78M $1.11B $781.54M

Cash Flow Charts

Breakdown December 28, 2024 September 28, 2024 June 29, 2024 March 30, 2024 December 30, 2023 September 30, 2023 July 01, 2023 April 01, 2023 December 31, 2022 October 01, 2022 July 02, 2022 April 02, 2022 January 01, 2022 October 02, 2021 July 03, 2021 April 03, 2021 January 02, 2021 October 03, 2020 June 27, 2020 March 28, 2020
Net Income $41.27M $-17.43M $414.00K $2.73M $-126.94M $97.46M $-43.58M $-138.42M $-15.93M $188.62M $68.88M $212.28M $216.26M $319.19M $285.63M $298.74M $201.03M $136.92M $96.92M $50.39M
Depreciation and Amortization $73.83M $76.08M $76.15M $77.38M $78.86M $79.27M $81.01M $84.24M $84.19M $84.70M $85.72M $89.85M $92.33M $89.39M $89.83M $85.99M $124.85M $123.15M $122.11M $118.69M
Deferred Income Tax $-15.81M $-21.85M $-25.60M $-42.96M $60.74M $19.92M $-18.30M $-63.59M $14.14M $3.18M $-19.87M $-5.69M $39.80M $-4.23M $2.00M $-44.45M $-10.16M $52.17M $-15.71M $-9.89M
Stock Based Compensation $28.38M $38.18M $42.37M $21.58M $21.75M $39.05M $38.45M $18.67M $19.71M $31.79M $35.41M $10.27M $19.31M $28.69M $25.24M $18.17M $19.25M $30.05M $21.86M $13.77M
Change in Working Capital $106.81M $-78.88M $-27.93M $85.14M $277.04M $-203.51M $-16.26M $-4.81M $98.61M $-94.26M $97.45M $-17.02M $-264.31M $-190.84M $-51.64M $43.73M $-658.00K $-62.56M $-2.18M $21.26M
Accounts Receivables $151.76M $-156.58M $-11.64M $73.54M $108.91M $-284.87M $-3.35M $62.96M $277.55M $-109.50M $33.77M $62.62M $32.81M $-167.57M $-35.75M $48.78M $-22.05M $-159.04M $41.03M $46.20M
Inventory $1.27M $16.91M $-14.36M $26.72M $111.88M $75.99M $-121.68M $17.43M $-17.17M $8.43M $-90.15M $-45.95M $-103.11M $-26.82M $-60.31M $-29.46M $-2.99M $49.29M $-7.44M $-34.61M
Accounts Payables $-101.25M $63.73M $19.90M $-93.95M $55.98M $8.24M $146.28M $-142.01M $-150.33M $38.50M $26.51M $-8.85M $-199.84M $5.47M $54.45M $34.20M $12.04M $45.11M $-35.33M $659.00K
Other Working Capital $55.03M $-2.95M $-21.83M $-52.15M $266.00K $-2.87M $-37.51M $56.80M $-11.44M $-31.69M $127.31M $-33.69M $-194.00M $-1.92M $-10.02M $-9.79M $12.34M $2.08M $-439.00K $9.02M
Other Non Cash Items $-20.39M $131.75M $216.46M $26.16M $181.49M $60.81M $3.57M $169.35M $36.66M $53.39M $5.41M $56.19M $13.57M $2.62M $-9.49M $752.00K $69.36M $1.23M $-8.73M $20.18M
Net Cash Provided by Operating Activities $214.09M $127.85M $81.08M $202.34M $492.95M $93.01M $44.89M $65.44M $237.36M $267.42M $273.01M $345.88M $116.97M $244.83M $341.57M $402.93M $403.68M $280.97M $214.28M $214.40M
Investments in Property Plant and Equipment $-37.84M $-33.01M $-38.23M $-32.72M $-26.44M $-28.61M $-39.47M $-34.10M $-34.40M $-47.00M $-43.45M $-50.47M $-50.43M $-47.31M $-65.25M $-77.45M $-36.12M $-43.55M $-29.83M $-35.10M
Acquisitions Net $-55.69M $- $55.69M $-80.87M $145.00K $5.59M $41.71M $95.00K $- $- $-95.00K $56.00K $-222.37M $- $-166.82M $47.07M $451.00K $-47.67M $155.00K $-451.26M
Purchases of Investments $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Sales Maturities of Investments $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Other Investing Activities $86.46M $-1.81M $-34.65M $409.00K $27.20M $2.76M $-6.18M $-2.05M $1.32M $1.61M $4.65M $6.64M $-11.77M $7.68M $4.10M $-46.98M $5.70M $3.25M $6.33M $3.72M
Net Cash Used for Investing Activities $-7.07M $-34.83M $-17.18M $-113.18M $902.00K $-20.25M $-3.94M $-36.05M $-33.08M $-45.39M $-38.89M $-43.78M $-284.58M $-39.63M $-227.96M $-77.36M $-29.97M $-87.98M $-23.35M $-482.64M
Debt Repayment $-412.46M $- $-26.66M $-40.40M $-17.91M $- $- $- $- $- $- $- $304.07M $-1.25M $-1.25M $-1.25M $-986.74M $801.25M $305.50M $-
Common Stock Issued $3.35M $11.55M $9.51M $10.56M $5.32M $11.04M $10.01M $11.68M $1.29M $10.53M $9.01M $11.65M $6.22M $10.88M $9.56M $13.94M $6.87M $11.33M $10.46M $12.67M
Common Stock Repurchased $-100.02M $-81.41M $-124.93M $-100.01M $-100.02M $-100.01M $-100.02M $-150.02M $-201.63M $-160.06M $-350.04M $-326.89M $-302.02M $-223.36M $-300.02M $-175.01M $-160.02M $-105.01M $-75.04M $-125.01M
Dividends Paid $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-900.00M $-306.75M $-
Other Financing Activities $-22.55M $-9.87M $112.55M $-1.88M $-925.00K $-20.15M $-15.18M $-1.00M $-710.00K $-17.48M $-4.92M $-1.75M $-4.02M $-37.65M $-19.67M $1.29M $-1.42M $863.02M $-11.08M $-1.24M
Net Cash Used Provided by Financing Activities $-531.68M $-79.73M $-29.52M $-131.72M $-113.54M $-109.13M $-105.19M $-139.34M $-201.06M $-167.01M $-345.94M $-317.00M $4.25M $-251.38M $-311.38M $-161.03M $-1.14B $670.59M $229.84M $-113.59M
Effect of Forex Changes on Cash $-2.35M $747.00K $-1.22M $-170.00K $4.84M $-1.23M $-276.00K $-51.00K $3.96M $-2.24M $-2.00M $-1.22M $-976.00K $-1.08M $-8.00K $-1.14M $1.63M $429.00K $507.00K $-732.00K
Net Change in Cash $-327.02M $14.04M $53.16M $-42.73M $385.15M $-37.59M $-64.52M $-110.00M $7.19M $52.78M $-113.83M $-16.11M $-164.34M $-47.27M $-197.78M $163.39M $-765.99M $864.01M $421.28M $-382.57M
Cash at End of Period $769.43M $1.10B $1.08B $1.03B $1.09B $706.84M $744.43M $808.94M $918.94M $911.75M $858.97M $972.80M $988.92M $1.15B $1.20B $1.40B $1.23B $2.00B $1.14B $715.61M
Cash at Beginning of Period $1.10B $1.08B $1.03B $1.07B $706.84M $744.43M $808.94M $918.94M $911.75M $858.97M $972.80M $988.92M $1.15B $1.20B $1.40B $1.23B $2.00B $1.14B $715.61M $1.10B
Operating Cash Flow $214.09M $127.85M $81.08M $202.34M $492.95M $93.01M $44.89M $65.44M $237.36M $267.42M $273.01M $345.88M $116.97M $244.83M $341.57M $402.93M $403.68M $280.97M $214.28M $214.40M
Capital Expenditure $-37.84M $-33.01M $-38.23M $-32.72M $-26.44M $-28.61M $-39.47M $-34.10M $-34.40M $-47.00M $-43.45M $-50.47M $-50.43M $-47.31M $-65.25M $-77.45M $-36.12M $-43.55M $-29.83M $-35.10M
Free Cash Flow $176.25M $94.83M $42.85M $169.63M $466.51M $64.40M $5.42M $31.34M $202.97M $220.42M $229.55M $295.41M $66.53M $197.52M $276.32M $325.47M $367.56M $237.41M $184.45M $179.29M

Qorvo Dividends

Explore Qorvo's dividend history, including dividend yield, payout ratio, and historical payments.

Qorvo does not currently pay a dividend.

Qorvo News

Read the latest news about Qorvo, including recent articles, headlines, and updates.

Zacks Industry Outlook Qorvo and RF Industries

Qorvo and RF Industries have been highlighted in this Industry Outlook article.

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2 Radio Frequency Stocks to Watch in a Challenging Industry

The rapid proliferation of the edge IoT, AI data centers and automotive electrification, as well as the adoption of WiFi 6E and WiFi 7, is enhancing the prospects of the Zacks Semiconductors - Radio Frequency industry players like QRVO and RFIL despite challenging macroeconomic conditions.

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Qorvo's Business Turn Around:  A Long And Winding Road

Qorvo shifts focus to premium 5G products, abandoning mid-tier Android markets, impacting revenue but improving long-term margins and growth prospects. Management projects single-digit decline in ACG revenue for fiscal '26, with 10-12% growth in CSG and HPA segments. December quarter results exceeded guidance, with $916 million revenue, $1.61 EPS, and strong cash flow, despite challenges in mobile and automotive markets.

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Here's Why Qorvo (QRVO) Is a Great 'Buy the Bottom' Stock Now

Qorvo (QRVO) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.

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Qorvo (QRVO) Upgraded to Buy: What Does It Mean for the Stock?

Qorvo (QRVO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

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Qorvo: Solid Earnings Beat, But ACG Division Pressures Are Likely To Persist

Over the past year, Qorvo, Inc. has underperformed other mid-caps and semiconductor stocks, losing ground by 17%. The Q3-25 results announced yesterday after market hours could have helped reverse the narrative, but despite a solid earnings beat, the results were disappointing. QRVO may have lifted its outlook for the Q4 EPS, but it's worth noting that a couple of quarters ago, this had already been brought down quite significantly.

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QRVO Down & ASML Up: Impacts from DeepSeek & AAPL Growth

Qorvo Inc. (QRVO) ticked lower after its earnings initially rallied the stock. Jenny Horne talks about how Apple's (AAPL) iPhone sales played a role in trimming back its stock price.

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Qorvo Analysts Slash Their Forecasts After Q3 Results

Qorvo, Inc. QRVO reported better-than-expected third-quarter financial results after Tuesday's closing bell.

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Qorvo Q3 Earnings Surpass Estimates Despite Lower Revenues

Despite year-over-year sales drop in the key business vertical, strength in key end markets such as defense and aerospace supported QRVO's top-line growth.

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Qorvo, Inc. (QRVO) Q3 2025 Earnings Call Transcript

Qorvo, Inc. (NASDAQ:QRVO ) Q3 2025 Earnings Conference Call January 28, 2025 4:30 PM ET Company Participants Douglas DeLieto - Vice President and Investor Relations Bob Bruggeworth - President and Chief Executive Officer Grant Brown - Chief Financial Officer Dave Fullwood - Senior Vice President, Sales and Marketing Conference Call Participants Gary Mobley - Loop Harsh Kumar - Piper Sandler Tom O'Malley - Barclays Karl Ackerman - BNP Paribas Vivek Arya - Bank of America Securities Toshiya Hari - Goldman Sachs Chris Caso - Wolfe Research Krish Sankar - TD Cowen Christopher Rolland - Susquehanna Ruben Roy - Stifel Edward Snyder - Charter Equity Research Vijay Rakesh - Mizuho Operator Good day, and welcome to the Qorvo Third Quarter 2025 Earnings Conference Call. All participants will be in a listen-only mode.

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Markets Stage Shallow Rebound from Monday Sell-off

We continue our Q4 earnings parade, particularly after Wednesday's close.

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Apple supplier Qorvo sees swift reversal in stock price after warning of weakness in smartphone parts

Qorvo shares initially surged more than 13% after the company reported better-than-expected earnings, but reversed due to comments made about sales to its "largest customer." "For FY 2026, we're currently forecasting revenue at our largest customer to be flat to up modestly," Qorvo CEO Robert Bruggeworth said.

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Qorvo EPS Beats, Revenue Struggles

Qorvo (QRVO -5.52%), a prominent player in radio frequency (RF) solutions, released its Q3 Fiscal 2025 earnings on January 28, 2025, showcasing admirable performance despite market obstacles.

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Qorvo (QRVO) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Although the revenue and EPS for Qorvo (QRVO) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

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Qorvo (QRVO) Q3 Earnings and Revenues Top Estimates

Qorvo (QRVO) came out with quarterly earnings of $1.61 per share, beating the Zacks Consensus Estimate of $1.20 per share. This compares to earnings of $2.10 per share a year ago.

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Qorvo® Announces Fiscal 2025 Third Quarter Financial Results

GREENSBORO, N.C., Jan. 28, 2025 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq:QRVO), a leading global provider of connectivity and power solutions, today announced financial results for the Company's fiscal 2025 third quarter ended December 28, 2024.

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Starboard takes a stake in Qorvo. Here are the steps the activist may take to improve margins

The activist investor is familiar with Qorvo, dating back to one of its predecessor companies.

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Qorvo's Q3 Earnings Coming Up: Here's What You Should Know

QRVO is expected to witness a top-line contraction year over year in the third quarter of fiscal 2025, owing to weakness in some end markets.

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Unveiling Qorvo (QRVO) Q3 Outlook: Wall Street Estimates for Key Metrics

Get a deeper insight into the potential performance of Qorvo (QRVO) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

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Sharp Sentiment Shift Could Be 2025's First Opportunity

Subscribers to  Chart of the Week  received this commentary on Sunday, January 19.

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Qorvo Could Achieve $9.63 EPS By 2026 With Activist Involvement, Morgan Stanley Upgrades Stock

Morgan Stanley analyst Joseph Moore upgraded Qorvo, Inc. QRVO to Overweight from Equal-Weight, raising the price forecast to $106 from $90.

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Qorvo (QRVO) Moves 14.4% Higher: Will This Strength Last?

Qorvo (QRVO) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

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Why Qorvo Rallied Double Digits Today

Shares of chipmaker Qorvo (QRVO 13.50%) rallied 13.4% on Friday, as of 1:55 p.m. ET.

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Qorvo Stock Soars as Starboard Value Takes Stake in Chipmaker

Qorvo (QRVO) shares jumped 11% Friday when hedge fund Starboard Value made a significant investment in the maker of radio frequency and power semiconductors.

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Activist investor Starboard Value takes 7.7% stake in chipmaker Qorvo

Starboard Value has built a 7.7% stake in Qorvo , the chipmaker revealed in a filing on Friday, as the activist investor looks to boost the company's weak share price.

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Qorvo Stock Jumps After Report Says Activist Starboard Builds Stake in Chip Maker

The activist investor has amassed a 7.7% stake in Qorvo, according to a report from The Wall Street Journal.

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Starboard builds stake in Qorvo, WSJ reports

Activist investor Starboard Value has built a 7.7% stake in Qorvo , the Wall Street Journal reported on Thursday, citing people familiar with the matter.

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Starboard Builds Big Stake in Chip Maker Qorvo

The activist firm run by Jeff Smith owns a 7.7% stake in the chip maker that competes with the likes of Broadcom and Qualcomm.

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QRVO Unveils Automotive-Qualified UWB SoC Solution: Stock to Gain?

Qorvo is sampling its automotive-qualified Ultra-Wideband SoC solution for offering advanced features such as keyless entry, safety and radar applications.

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Qorvo® Automotive-Qualified UWB SoC Drives Innovation with Configurable Software

GREENSBORO, N.C., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading global provider of connectivity and power solutions, today announced that its QPF5100Q Ultra-Wideband (UWB) System-on-Chip (SoC) is automotive-qualified and sampling with key customers. This breakthrough SoC addresses automotive industry demands for highly accurate, reliable UWB technology in applications such as secure keyless entry and Digital Key, as well as UWB radar applications like child presence detection and motion sensing.

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SYNA

Price: $64.10

Market Cap: $2.51B

T
Texas Instruments Incorporated

TXN

Price: $179.00

Market Cap: $162.88B

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