Qorvo, Inc. (QRVO)

Qorvo Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 27, 2026	Mar 28, 2026	Mar 29, 2025	Mar 30, 2024	Apr 1, 2023	Apr 2, 2022
Cash & Equivalents	1,329	1,219	1,021	1,029	808.76	972.59
Short-Term Investments	-	-	-	-	1.09	2.91
Cash & Short-Term Investments	1,329	1,219	1,021	1,029	809.85	975.5
Cash Growth	14.03%	19.37%	-0.78%	27.09%	-16.98%	-30.40%
Accounts Receivable	379.55	382.51	386.72	412.96	304.52	568.85
Other Receivables	16.38	16.17	11.02	14.43	26.54	32.15
Receivables	395.93	398.68	397.74	427.39	331.05	601
Inventory	592.49	553.72	640.99	710.56	796.6	755.75
Prepaid Expenses	38.86	36.72	32.81	40.56	46.68	49.84
Other Current Assets	80.5	98.18	74.56	238.27	45.61	67.78
Total Current Assets	2,437	2,306	2,167	2,446	2,030	2,450
Property, Plant & Equipment	680.31	762.79	860.41	932.28	1,233	1,327
Long-Term Investments	14.76	16.3	23.43	23.25	20.41	31.09
Goodwill	2,353	2,353	2,390	2,535	2,761	2,776
Other Intangible Assets	106.29	121.51	273.48	509.38	537.7	674.79
Long-Term Deferred Tax Assets	-	130.79	101.44	25.4	38.06	36.82
Other Long-Term Assets	348.16	134.67	117.36	83.69	71.83	213.6
Total Assets	5,939	5,826	5,933	6,555	6,692	7,509

Liabilities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 27, 2026	Mar 28, 2026	Mar 29, 2025	Mar 30, 2024	Apr 1, 2023	Apr 2, 2022
Accounts Payable	253.23	242.87	260.66	252.99	210.7	327.92
Accrued Expenses	213.59	248.16	287.98	336.77	222.46	240.19
Current Portion of Long-Term Debt	-	-	-	438.74	0.31	0.79
Current Portion of Leases	-	16.47	16.56	15.6	19.36	17.39
Current Income Taxes Payable	-	64.4	54.7	59.9	63.6	87.8
Other Current Liabilities	220.86	140.86	163.28	126.09	39.33	1.04
Total Current Liabilities	687.69	712.76	783.18	1,230	555.76	675.13
Long-Term Debt	1,549	1,549	1,549	1,549	2,046	2,045
Long-Term Leases	-	40.62	45.28	50.58	70.82	64.09
Long-Term Deferred Tax Liabilities	-	1.29	10.81	34.21	14.65	84.63
Other Long-Term Liabilities	230.71	177.47	152.33	134.12	101.47	87.49
Total Liabilities	2,468	2,481	2,541	2,998	2,789	2,956

Shareholders' Equity

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 27, 2026	Mar 28, 2026	Mar 29, 2025	Mar 30, 2024	Apr 1, 2023	Apr 2, 2022
Common Stock	3,345	3,301	3,431	3,651	3,821	4,036
Retained Earnings	124.59	38.79	-33.98	-89.6	84.5	512.14
Comprehensive Income & Other	2.66	4.06	-5.01	-5.1	-3.18	5.23
Shareholders' Equity	3,472	3,344	3,392	3,556	3,903	4,553
Total Liabilities & Equity	5,939	5,826	5,933	6,555	6,692	7,509

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 27, 2026	Mar 28, 2026	Mar 29, 2025	Mar 30, 2024	Apr 1, 2023	Apr 2, 2022
Total Debt	1,549	1,606	1,611	2,054	2,137	2,127
Net Cash (Debt)	-220.2	-387.22	-589.88	-1,025	-1,327	-1,151
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-2.38	-4.14	-6.18	-10.51	-12.88	-10.32
Filing Date Shares Outstanding	88.22	88.01	93.03	95.63	98.74	106.03
Total Common Shares Outstanding	88.22	87.74	92.92	95.8	98.65	106.3
Working Capital	1,749	1,594	1,384	1,216	1,474	1,775
Book Value Per Share	39.36	38.12	36.51	37.12	39.56	42.83
Tangible Book Value	1,012	869.57	729.09	512.39	604.28	1,103
Tangible Book Value Per Share	11.48	9.91	7.85	5.35	6.13	10.37
Land	-	20.61	23.04	23.04	25.84	25.84
Buildings	-	338.86	366.06	354.04	463.89	432.31
Machinery	-	2,027	2,160	2,091	2,430	2,402
Construction In Progress	-	104.69	98.22	86.23	130.09	128.32

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Jul 28, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 21, 2026

Data Sources Report a data error