Qorvo Key Executives
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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
Last Earnings Results
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. 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.
$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
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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.

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.

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.

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.

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.

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.

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.

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.

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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