Qorvo, Inc. (QRVO)
NASDAQ: QRVO · Real-Time Price · USD
95.37
-0.19 (-0.20%)
Aug 24, 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 | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 27, 2026 | 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 |
| 3,645 | 3,679 | 3,719 | 3,770 | 3,569 | 4,646 | |
Revenue Growth | -0.18% | -1.09% | -1.34% | 5.61% | -23.17% | 15.70% |
Cost of Revenue | 1,876 | 1,979 | 2,157 | 2,281 | 2,226 | 2,356 |
Gross Profit | 1,769 | 1,699 | 1,562 | 1,488 | 1,344 | 2,290 |
Selling, General & Admin | 362.91 | 380.67 | 403.62 | 389.14 | 358.79 | 349.72 |
Research & Development | 719.31 | 726.12 | 747.71 | 682.25 | 649.84 | 623.64 |
Other Operating Expenses | 46.23 | 41.37 | 21.38 | 21.76 | 25.24 | 14.35 |
Operating Expenses | 1,128 | 1,148 | 1,173 | 1,093 | 1,034 | 987.7 |
Operating Income | 640.42 | 551.28 | 388.86 | 395.34 | 309.67 | 1,302 |
Interest Expense | -70.2 | -73.13 | -78.33 | -69.25 | -68.46 | -63.33 |
Interest & Investment Income | 42.5 | 43 | 47.1 | 38.3 | 21.1 | 2.7 |
Earnings From Equity Investments | 15.9 | 15.1 | 0.5 | - | - | 12 |
Currency Exchange Gain (Loss) | 1 | 1 | -0.3 | - | - | - |
Other Non Operating Income (Expenses) | 14.91 | 15.98 | 1.3 | 11 | -11.18 | 3.64 |
EBT Excluding Unusual Items | 644.52 | 553.23 | 359.13 | 375.4 | 251.13 | 1,257 |
Merger & Restructuring Charges | -95.04 | -72.58 | -293.83 | -82.23 | -114.09 | -28 |
Impairment of Goodwill | -36.52 | -36.52 | - | -221.41 | -12.41 | -48 |
Asset Writedown | -45.85 | -45.85 | - | - | - | - |
Other Unusual Items | - | - | 0.6 | 1.8 | - | - |
Pretax Income | 467.11 | 398.27 | 65.9 | 73.56 | 124.63 | 1,181 |
Income Tax Expense | 67.92 | 59.28 | 10.28 | 143.88 | 21.48 | 147.73 |
Net Income | 399.2 | 338.99 | 55.62 | -70.32 | 103.15 | 1,033 |
Net Income to Common | 399.2 | 338.99 | 55.62 | -70.32 | 103.15 | 1,033 |
Net Income Growth | 394.09% | 509.53% | - | - | -90.02% | 40.86% |
Shares Outstanding (Basic) | 91 | 93 | 95 | 98 | 102 | 110 |
Shares Outstanding (Diluted) | 92 | 94 | 95 | 98 | 103 | 112 |
Shares Change | -2.45% | -1.99% | -2.16% | -5.30% | -7.64% | -3.85% |
EPS (Basic) | 4.37 | 3.66 | 0.59 | -0.72 | 1.01 | 9.38 |
EPS (Diluted) | 4.32 | 3.62 | 0.58 | -0.72 | 1.00 | 9.26 |
EPS Growth | 409.72% | 524.14% | - | - | -89.20% | 46.52% |
Additional Metrics
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 27, 2026 | 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 |
Free Cash Flow | 649.51 | 679.56 | 484.6 | 705.96 | 684.28 | 835.78 |
Free Cash Flow Per Share | 7.03 | 7.26 | 5.08 | 7.24 | 6.64 | 7.49 |
Gross Margin | 48.54% | 46.20% | 41.99% | 39.49% | 37.64% | 49.29% |
Operating Margin | 17.57% | 14.99% | 10.46% | 10.49% | 8.68% | 28.03% |
Profit Margin | 10.95% | 9.21% | 1.49% | -1.87% | 2.89% | 22.24% |
Free Cash Flow Margin | 17.82% | 18.47% | 13.03% | 18.73% | 19.17% | 17.99% |
EBITDA | 885.48 | 813.67 | 685.69 | 716.28 | 648.52 | 1,663 |
EBITDA Margin | 24.30% | 22.12% | 18.44% | 19.00% | 18.17% | 35.81% |
D&A For EBITDA | 245.07 | 262.39 | 296.84 | 320.93 | 338.85 | 361.42 |
EBIT | 640.42 | 551.28 | 388.86 | 395.34 | 309.67 | 1,302 |
EBIT Margin | 17.57% | 14.99% | 10.46% | 10.49% | 8.68% | 28.03% |
Effective Tax Rate | 14.54% | 14.89% | 15.61% | 195.60% | 17.23% | 12.51% |