Qorvo, Inc. (QRVO)
NASDAQ: QRVO · Real-Time Price · USD
83.44
+0.93 (1.13%)
Jul 15, 2026, 4:00 PM EDT - Market closed
Qorvo Income Statement
Financials in millions USD. Fiscal year is April - March.
Millions USD. Fiscal year is Apr - Mar.
Fiscal Year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 28, 2026 | Mar '25 Mar 29, 2025 | Mar '24 Mar 30, 2024 | Apr '23 Apr 1, 2023 | Apr '22 Apr 2, 2022 |
| 3,679 | 3,719 | 3,770 | 3,569 | 4,646 | |
Revenue Growth (YoY) | -1.09% | -1.34% | 5.61% | -23.17% | 15.70% |
Cost of Revenue | 1,990 | 2,183 | 2,281 | 2,272 | 2,360 |
Gross Profit | 1,688 | 1,536 | 1,489 | 1,297 | 2,286 |
Selling, General & Admin | 380.67 | 403.62 | 389.14 | 358.79 | 349.72 |
Research & Development | 726.12 | 747.71 | 682.25 | 649.84 | 623.64 |
Other Operating Expenses | 169.88 | 288.73 | 325.41 | 105.14 | 86.75 |
Total Operating Expenses | 1,277 | 1,440 | 1,397 | 1,114 | 1,060 |
Operating Income | 411.42 | 95.53 | 91.7 | 183.17 | 1,226 |
Interest Expense | -73.13 | -78.33 | -69.25 | -68.46 | -63.33 |
Other Non-Operating Income (Expense) | 59.98 | 48.7 | 51.1 | 9.92 | 18.34 |
Total Non-Operating Income (Expense) | -13.15 | -29.63 | -18.14 | -58.54 | -44.99 |
Pretax Income | 398.27 | 65.9 | 73.56 | 124.63 | 1,181 |
Provision for Income Taxes | 59.28 | 10.28 | 143.88 | 21.48 | 147.73 |
Net Income | 338.99 | 55.62 | -70.32 | 103.15 | 1,033 |
Net Income to Common | 338.99 | 55.62 | -70.32 | 103.15 | 1,033 |
Net Income Growth | 509.53% | - | - | -90.02% | 40.86% |
Shares Outstanding (Basic) | 93 | 95 | 98 | 102 | 110 |
Shares Outstanding (Diluted) | 94 | 95 | 98 | 103 | 112 |
Shares Change (YoY) | -1.99% | -2.16% | -5.30% | -7.64% | -3.85% |
EPS (Basic) | 3.66 | 0.59 | -0.72 | 1.01 | 9.38 |
EPS (Diluted) | 3.62 | 0.58 | -0.72 | 1.00 | 9.26 |
EPS Growth | 524.14% | - | - | -89.20% | 46.52% |
Free Cash Flow | 679.56 | 484.6 | 705.96 | 684.28 | 835.78 |
Free Cash Flow Growth | 40.23% | -31.36% | 3.17% | -18.13% | -25.04% |
Free Cash Flow Per Share | 7.26 | 5.08 | 7.24 | 6.64 | 7.49 |
Gross Margin | 45.89% | 41.29% | 39.49% | 36.34% | 49.21% |
Operating Margin | 11.18% | 2.57% | 2.43% | 5.13% | 26.39% |
Profit Margin | 9.22% | 1.50% | -1.87% | 2.89% | 22.24% |
FCF Margin | 18.47% | 13.03% | 18.73% | 19.17% | 17.99% |
EBITDA | 673.81 | 392.36 | 412.63 | 522.02 | 1,587 |
EBITDA Margin | 18.32% | 10.55% | 10.95% | 14.62% | 34.17% |
EBIT | 411.42 | 95.53 | 91.7 | 183.17 | 1,226 |
EBIT Margin | 11.18% | 2.57% | 2.43% | 5.13% | 26.39% |
Effective Tax Rate | 14.89% | 15.61% | 195.60% | 17.23% | 12.51% |