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
Cash & Short-Term Investments	1,319	1,021	1,029	808.76	972.59	1,398
Cash Growth	71.36%	-0.78%	27.26%	-16.84%	-30.42%	95.52%
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
Total Trade 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
Other Current Assets	114.35	107.37	278.83	93.39	120.52	93.38
Total Current Assets	2,483	2,167	2,446	2,030	2,450	2,484
Net Property, Plant & Equipment	755.49	801.9	870.98	1,150	1,254	1,266
Other Intangible Assets	196.9	273.48	509.38	537.7	674.79	611.16
Goodwill	2,390	2,390	2,535	2,761	2,776	2,643
Long-Term Investments	18.88	23.43	23.25	20.41	31.09	35.37
Other Long-Term Assets	319.87	277.31	170.38	193.38	324.11	182.4
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	-	-
Other Current Liabilities	209.75	234.54	201.59	122.29	107.03	112.65
Total Current Liabilities	675.7	783.18	1,230	555.76	675.13	681.58
Long-Term Debt	1,549	1,549	1,549	2,048	2,047	1,743
Other Long-Term Liabilities	240.8	208.42	218.9	185.27	233.63	167.91
Total Long-Term Liabilities	1,790	1,758	1,768	2,233	2,281	1,910
Total Liabilities	2,466	2,541	2,998	2,789	2,956	2,592
Additional Paid-in Capital	3,465	3,431	3,651	3,821	4,036	4,245
Accumulated Other Comprehensive Income	6.37	-5.01	-5.1	-3.18	5.23	29.65
Retained Earnings	226.74	-33.98	-89.6	84.5	512.14	355.04
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	1,549	1,988	2,048	2,047	1,743
Net Cash (Debt)	-230.66	-528.04	-958.75	-1,240	-1,075	-344.67
Net Cash Per Share	-2.46	-5.53	-9.83	-12.03	-9.63	-2.97
Book Value	3,698	3,392	3,556	3,903	4,553	4,629
Book Value Per Share	39.42	35.54	36.45	37.88	40.82	39.90
Tangible Book Value	1,112	729.09	512.39	604.28	1,103	1,376
Tangible Book Value Per Share	11.85	7.64	5.25	5.87	9.89	11.86

Updated Dec 27, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.