Qorvo Balance Sheet

Financials in millions USD. Fiscal year is April - March.

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 27, 2025	Mar '25 Mar 29, 2025	Mar '24 Mar 30, 2024	Apr '23 Apr 1, 2023	Apr '22 Apr 2, 2022	Apr '21 Apr 3, 2021
Cash & Equivalents	1,319	1,021	1,029	808.76	972.59	1,398
Short-Term Investments	-	-	-	1.09	2.91	3.8
Cash & Short-Term Investments	1,319	1,021	1,029	809.85	975.5	1,402
Cash Growth	71.36%	-0.78%	27.09%	-16.98%	-30.40%	95.93%
Accounts Receivable	487.66	386.72	412.96	304.52	568.85	457.43
Other Receivables	32.4	11.02	14.43	26.54	32.15	27.32
Receivables	520.06	397.74	427.39	331.05	601	484.76
Inventory	530.18	640.99	710.56	796.6	755.75	507.79
Prepaid Expenses	35.49	32.81	40.56	46.68	49.84	41.57
Other Current Assets	78.86	74.56	238.27	45.61	67.78	48.01
Total Current Assets	2,483	2,167	2,446	2,030	2,450	2,484
Property, Plant & Equipment	755.49	860.41	932.28	1,233	1,327	1,329
Long-Term Investments	18.88	23.43	23.25	20.41	31.09	35.37
Goodwill	2,390	2,390	2,535	2,761	2,776	2,643
Other Intangible Assets	196.9	273.48	509.38	537.7	674.79	611.16
Long-Term Deferred Tax Assets	-	101.44	25.4	38.06	36.82	59.06
Other Long-Term Assets	319.87	117.36	83.69	71.83	213.6	60.42
Total Assets	6,164	5,933	6,555	6,692	7,509	7,221
Accounts Payable	240.52	260.66	252.99	210.7	327.92	313.87
Accrued Expenses	225.44	287.98	336.77	222.46	240.19	255.06
Current Portion of Long-Term Debt	-	-	438.74	0.31	0.79	5.09
Current Portion of Leases	-	16.56	15.6	19.36	17.39	15.07
Current Income Taxes Payable	-	54.7	59.9	63.6	87.8	86.7
Other Current Liabilities	209.75	163.28	126.09	39.33	1.04	5.79
Total Current Liabilities	675.7	783.18	1,230	555.76	675.13	681.58
Long-Term Debt	1,549	1,549	1,549	2,046	2,045	1,741
Long-Term Leases	-	45.28	50.58	70.82	64.09	54.79
Long-Term Deferred Tax Liabilities	-	10.81	34.21	14.65	84.63	41.91
Other Long-Term Liabilities	240.8	152.33	134.12	101.47	87.49	72.83
Total Liabilities	2,466	2,541	2,998	2,789	2,956	2,592
Common Stock	3,465	3,431	3,651	3,821	4,036	4,245
Retained Earnings	226.74	-33.98	-89.6	84.5	512.14	355.04
Comprehensive Income & Other	6.37	-5.01	-5.1	-3.18	5.23	29.65
Shareholders' Equity	3,698	3,392	3,556	3,903	4,553	4,629
Total Liabilities & Equity	6,164	5,933	6,555	6,692	7,509	7,221
Total Debt	1,549	1,611	2,054	2,137	2,127	1,816
Net Cash (Debt)	-230.66	-589.88	-1,025	-1,327	-1,151	-414.2
Net Cash Per Share	-2.46	-6.18	-10.51	-12.88	-10.32	-3.57
Filing Date Shares Outstanding	92.71	93.03	95.63	98.74	106.03	112.59
Total Common Shares Outstanding	92.65	92.92	95.8	98.65	106.3	112.56
Working Capital	1,807	1,384	1,216	1,474	1,775	1,802
Book Value Per Share	39.92	36.51	37.12	39.56	42.83	41.13
Tangible Book Value	1,112	729.09	512.39	604.28	1,103	1,376
Tangible Book Value Per Share	12.00	7.85	5.35	6.13	10.37	12.22
Land	-	23.04	23.04	25.84	25.84	25.84
Buildings	-	366.06	354.04	463.89	432.31	411.18
Machinery	-	2,160	2,091	2,430	2,402	2,282
Construction In Progress	-	98.22	86.23	130.09	128.32	108.56

Source: S&P Global Market Intelligence. Standard template. Financial Sources.