Qorvo, Inc. (QRVO)

Qorvo Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 29, 2025	Mar 30, 2024	Apr 1, 2023	Apr 2, 2022	Apr 3, 2021
Cash & Equivalents	1,021	1,029	808.76	972.59	1,398
Short-Term Investments	-	0.08	1.09	2.91	3.8
Cash & Short-Term Investments	1,021	1,029	809.85	975.5	1,402
Cash Growth	-0.79%	27.10%	-16.98%	-30.40%	95.93%
Accounts Receivable	386.72	412.96	304.52	568.85	457.43
Other Receivables	-	14.43	26.54	32.15	27.32
Receivables	386.72	427.39	331.05	601	484.76
Inventory	640.99	710.56	796.6	755.75	507.79
Prepaid Expenses	-	40.56	46.68	49.84	41.57
Other Current Assets	118.39	238.19	45.61	67.78	48.01
Total Current Assets	2,167	2,446	2,030	2,450	2,484
Property, Plant & Equipment	801.9	932.28	1,233	1,327	1,329
Long-Term Investments	23.43	23.25	20.41	31.09	35.37
Goodwill	2,390	2,535	2,761	2,776	2,643
Other Intangible Assets	273.48	509.38	537.7	674.79	611.16
Long-Term Deferred Tax Assets	-	25.4	38.06	36.82	59.06
Other Long-Term Assets	277.31	83.69	71.83	213.6	60.42
Total Assets	5,933	6,555	6,692	7,509	7,221
Accounts Payable	548.64	252.99	210.7	327.92	313.87
Accrued Expenses	-	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	-	15.6	19.36	17.39	15.07
Current Income Taxes Payable	-	59.9	63.6	87.8	86.7
Other Current Liabilities	234.54	126.09	39.33	1.04	5.79
Total Current Liabilities	783.18	1,230	555.76	675.13	681.58
Long-Term Debt	1,549	1,549	2,046	2,045	1,741
Long-Term Leases	-	50.58	70.82	64.09	54.79
Long-Term Deferred Tax Liabilities	-	34.21	14.65	84.63	41.91
Other Long-Term Liabilities	208.42	134.12	101.47	87.49	72.83
Total Liabilities	2,541	2,998	2,789	2,956	2,592
Common Stock	3,392	3,651	3,821	4,036	4,245
Retained Earnings	-	-89.6	84.5	512.14	355.04
Comprehensive Income & Other	-	-5.1	-3.18	5.23	29.65
Shareholders' Equity	3,392	3,556	3,903	4,553	4,629
Total Liabilities & Equity	5,933	6,555	6,692	7,509	7,221
Total Debt	1,549	2,054	2,137	2,127	1,816
Net Cash (Debt)	-528.04	-1,025	-1,327	-1,151	-414.2
Net Cash Per Share	-5.53	-10.51	-12.88	-10.32	-3.57
Filing Date Shares Outstanding	93.25	95.63	98.74	106.03	112.59
Total Common Shares Outstanding	93.25	95.8	98.65	106.3	112.56
Working Capital	1,384	1,216	1,474	1,775	1,802
Book Value Per Share	36.38	37.12	39.56	42.83	41.13
Tangible Book Value	729.09	512.39	604.28	1,103	1,376
Tangible Book Value Per Share	7.82	5.35	6.13	10.37	12.22
Land	-	23.04	25.84	25.84	25.84
Buildings	-	354.04	463.89	432.31	411.18
Machinery	-	2,091	2,430	2,402	2,282
Construction In Progress	-	86.23	130.09	128.32	108.56

Updated Apr 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q