QRVO
Qorvo Inc
NASDAQ: QRVO · TECHNOLOGY · SEMICONDUCTORS
$93.50
-0.76% today
Updated 2026-05-01
Market cap
$8.02B
P/E ratio
23.82
P/S ratio
2.14x
EPS (TTM)
$3.63
Dividend yield
—
52W range
$69 – $106
Volume
1.2M
Qorvo Inc (QRVO) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $775.25M | $1.02B | $956.27M | $886.51M | $978.39M | $1.05B | $871.35M | $964.15M | $1.15B | $1.71B | $2.61B | $3.03B | $2.97B | $3.09B | $3.24B | $4.02B | $4.65B | $3.57B | $3.77B | $3.72B |
| Revenue growth (YoY) | — | +32.0% | -6.6% | -7.3% | +10.4% | +7.5% | -17.2% | +10.6% | +19.1% | +49.0% | +52.6% | +16.2% | -1.9% | +3.9% | +4.8% | +24.0% | +15.7% | -23.2% | +5.6% | -1.3% |
| Cost of revenue | $435.80M | $593.25M | $586.12M | $557.06M | $531.87M | $580.53M | $506.25M | $658.33M | $743.30M | $1.02B | $1.56B | $1.90B | $1.83B | $1.90B | $1.92B | $2.13B | $2.36B | $2.27B | $2.28B | $2.18B |
| Gross profit | $339.45M | $430.36M | $370.15M | $329.44M | $446.52M | $471.22M | $365.11M | $305.81M | $404.93M | $689.31M | $1.05B | $1.14B | $1.15B | $1.20B | $1.32B | $1.88B | $2.29B | $1.30B | $1.49B | $1.54B |
| Gross margin | 43.8% | 42.0% | 38.7% | 37.2% | 45.6% | 44.8% | 41.9% | 31.7% | 35.3% | 40.3% | 40.2% | 37.4% | 38.6% | 38.7% | 40.8% | 46.9% | 49.2% | 36.3% | 39.5% | 41.3% |
| R&D | $168.86M | $184.98M | $221.22M | $172.18M | $138.96M | $141.10M | $151.70M | $178.79M | $197.27M | $257.49M | $448.76M | $470.84M | $445.10M | $450.48M | $484.41M | $570.39M | $623.64M | $649.84M | $682.25M | $747.71M |
| SG&A | $250.57M | $276.27M | $308.86M | $286.78M | $243.68M | $249.53M | $265.43M | $64.24M | $76.73M | $85.23M | $113.63M | $545.59M | $527.75M | $476.07M | $343.57M | $406.54M | $349.72M | $148.10M | $171.87M | $171.71M |
| Operating income | $23.45M | $80.59M | — | — | $111.49M | $140.14M | $23.34M | $-15.68M | $27.34M | $122.47M | $11.97M | $88.06M | $-637.52M | $216.47M | $423.22M | $906.63M | $1.23B | $183.17M | $91.70M | $95.53M |
| Operating margin | 3.0% | 7.9% | 0.0% | 0.0% | 11.4% | 13.3% | 2.7% | -1.6% | 2.4% | 7.2% | 0.5% | 2.9% | -21.4% | 7.0% | 13.1% | 22.6% | 26.4% | 5.1% | 2.4% | 2.6% |
| EBITDA | — | — | — | — | — | — | — | $53.10M | $104.19M | $339.45M | $695.40M | $790.76M | $790.91M | $798.85M | $924.41M | $1.34B | $1.61B | $531.94M | $463.74M | $441.06M |
| EBITDA margin | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 5.5% | 9.1% | 19.8% | 26.6% | 26.1% | 26.6% | 25.9% | 28.5% | 33.3% | 34.6% | 14.9% | 12.3% | 11.9% |
| EBIT | — | — | — | — | — | — | — | $-19.37M | $29.86M | $122.47M | $20.45M | $86.18M | $76.69M | $135.75M | $455.48M | $882.58M | $1.24B | $193.09M | $142.81M | $144.23M |
| Interest expense | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $6.53M | $5.98M | $1.42M | $23.32M | $58.88M | $59.55M | $43.96M | $60.39M | $75.20M | $63.33M | $68.46M | $69.25M | $78.33M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $16.33M | $83.42M | $5.75M | — | $71.02M | $124.56M | $857000.00 | $-53.00M | $12.64M | $196.30M | $-28.84M | $-16.56M | $-40.29M | $133.13M | $334.32M | $733.61M | $1.03B | $103.15M | $-70.32M | $55.62M |
| Net income growth (YoY) | — | +410.8% | -93.1% | -100.0% | — | +75.4% | -99.3% | -6284.2% | +123.9% | +1452.8% | -114.7% | +42.6% | -143.3% | +430.4% | +151.1% | +119.4% | +40.9% | -90.0% | -168.2% | +179.1% |
| Profit margin | 2.1% | 8.1% | 0.6% | 0.0% | 7.3% | 11.8% | 0.1% | -5.5% | 1.1% | 11.5% | -1.1% | -0.5% | -1.4% | 4.3% | 10.3% | 18.3% | 22.2% | 2.9% | -1.9% | 1.5% |