Qorvo, Inc. financials

  1. Home
  2. Financials
  3. QRVO
QRVO CIK 0001604778

Source: EDGAR filings · Built 2026-06-02T03:54:21Z

Key metrics by reporting period

Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.

Derived Metrics

Concept FY 2026FY 2025FY 2024FY 2023FY 2022FY 2021
Free Cash Flow 679.56M 484.60M 705.96M 684.28M 835.78M 1.11B
EBITDA 673.81M 392.36M 412.63M 522.02M 1.59B 1.36B
Working Capital 1.59B 1.38B 1.22B 1.47B 1.77B 1.80B
Net Debt 387.22M 589.88M 1.02B 1.33B 1.15B 412.91M
Gross Margin 45.89% 41.29% 39.49% 36.34% 49.21% 46.91%
Operating Margin 11.18% 2.57% 2.43% 5.13% 26.39% 22.58%
Net Margin 9.22% 1.50% -1.87% 2.89% 22.24% 18.27%
Return on Equity (ROE) 10.14% 1.64% -1.98% 2.64% 22.70% 15.85%
Return on Assets (ROA) 5.82% 0.94% -1.07% 1.54% 13.76% 10.16%
Current Ratio 3.24× 2.77× 1.99× 3.65× 3.63× 3.64×
Debt-to-Equity 0.48× 0.47× 0.58× 0.55× 0.47× 0.39×
Effective Tax Rate 14.89% 15.61% 195.60% 17.23% 12.51% 9.14%
Cash Conversion Ratio 2.39× 11.19× -11.85× 8.17× 1.02× 1.77×
Accruals Ratio -0.08× -0.10× -0.14× -0.11× -0.00× -0.08×
SBC % of Revenue 3.70% 3.67% 3.21% 2.96% 1.80% 2.22%
CapEx Coverage 6.27× 4.52× 6.55× 5.30× 4.92× 6.96×
Free Cash Flow Per Share $7.26 $5.08 $7.24 $6.64 $7.49 $9.61

Valuation Metrics

Concept FY 2026FY 2025FY 2024FY 2023FY 2022FY 2021
P/E Trailing (Diluted) 21.37× 123.28× — 101.57× 13.12× 30.52×
P/FCF 10.65× 14.08× 15.87× 15.29× 16.22× 20.07×
FCF Yield 9.39% 7.10% 6.30% 6.54% 6.17% 4.98%
EV / EBITDA 10.65× 18.44× 29.14× 21.74× 8.86× 16.24×
P/S 1.84× 1.79× 2.92× 2.81× 2.78× 5.41×
P/B 2.03× 1.96× 3.09× 2.57× 2.84× 4.69×

Income Statement

Concept FY 2026FY 2025FY 2024FY 2023FY 2022FY 2021
Revenues 3.68B 3.72B 3.77B 3.57B 4.65B 4.02B
Cost of Goods and Services Sold 1.99B 2.18B 2.28B 2.27B 2.36B 2.13B
Gross Profit 1.69B 1.54B 1.49B 1.30B 2.29B 1.88B
Research and Development Expense 726.12M 747.71M 682.25M 649.84M 623.64M 570.39M
Selling, General and Administrative Expense — — 389.14M 358.79M 349.72M 367.24M
Operating Expenses 1.28B 1.44B 1.40B 1.11B 1.06B 976.94M
Operating Income (Loss) 411.42M 95.53M 91.70M 183.17M 1.23B 906.63M
Income Tax Expense (Benefit) 59.28M 10.28M 143.88M 21.48M 147.73M 73.77M
Net Income (Loss) Attributable to Parent 338.99M 55.62M -70.32M 103.15M 1.03B 733.61M
Earnings Per Share, Basic $3.66 $0.59 $-0.72 $1.01 $9.38 $6.43
Weighted Average Number of Shares Outstanding, Basic 92.59M 94.59M 97.56M 102.21M 110.20M 114.03M
Earnings Per Share, Diluted $3.62 $0.58 $-0.72 $1.00 $9.26 $6.32
Weighted Average Number of Shares Outstanding, Diluted 93.55M 95.45M 97.56M 103.02M 111.55M 116.02M

Balance Sheet

Concept FY 2026FY 2025FY 2024FY 2023FY 2022FY 2021
Cash and Cash Equivalents, at Carrying Value 1.22B 1.02B 1.03B 808.76M 972.59M 1.40B
Assets, Current 2.31B 2.17B 2.45B 2.03B 2.45B 2.48B
Assets 5.83B 5.93B 6.55B 6.69B 7.51B 7.22B
Long-term Debt 1.55B 1.55B 1.55B 2.05B 2.05B 1.74B
Liabilities, Current 712.76M 783.18M 1.23B 555.76M 675.13M 681.58M
Long-term Debt, Excluding Current Maturities — 1.55B 1.55B 2.05B 2.05B —
Liabilities 2.48B 2.54B 3.00B 2.79B 2.96B 2.59B
Stockholders' Equity Attributable to Parent 3.34B 3.39B 3.56B 3.90B 4.55B 4.63B
Common Stock, Shares, Outstanding 87.74M 92.92M 95.80M 98.65M 106.30M 112.56M

Cash Flow Statement

Concept FY 2026FY 2025FY 2024FY 2023FY 2022FY 2021
Net Cash Provided by (Used in) Operating Activities 808.63M 622.20M 833.19M 843.23M 1.05B 1.30B
Payments to Acquire Property, Plant, and Equipment 129.07M 137.60M 127.23M 158.95M 213.47M 186.96M
Net Cash Provided by (Used in) Investing Activities -43.60M 36.55M -136.47M -153.41M -595.96M -218.66M
Payments for Repurchase of Common Stock 532.55M 356.34M 400.05M 861.75M 1.15B 515.08M
Net Cash Provided by (Used in) Financing Activities -566.53M -684.36M -459.57M -853.35M -875.51M -401.92M

Raw XBRL tagging for a single filing

Every us-gaap and custom concept the filer tagged for one fiscal period, grouped by statement. Start here when a number in the trend table above surprises you and you want to see the exact tag behind it. Derived and valuation rows are omitted here because they already appear in the trend table.

Most recent filing shown by default.

Compare filings side-by-side

Diff any two filings with deltas and added / removed tags.

Immaterial rows are USD line items under 1% of the period's revenue — the noise floor below which a single tag rarely moves the investment thesis. Revenue is read from the filer's top-line concept (Revenues / RevenueFromContractWithCustomerExcludingAssessedTax, with a fallback chain). Non-USD rows, rows without a numeric value, and every row on a filing with no identifiable revenue anchor stay visible. Flip the switch off to see every tag the filer reported for the period.

Loading filing details…

Methodology

All facts on this page come straight from SEC EDGAR XBRL company-facts filings (QRVO CIK 0001604778), grouped by financial statement using FASB's base us-gaap presentation taxonomy. Filers may re-parent concepts onto different statements in their own extension taxonomy, so a handful of rows can show up under a different statement than on the actual 10-K / 10-Q; custom concepts and any we couldn't map fall into Other. Hover a cell to see the fully-qualified concept name and the filer's description.

For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.

Related tickers

GRPN

Groupon, Inc.

PZZA

PAPA JOHN’S INTERNATIONAL, INC.

AQST

Aquestive Therapeutics, Inc.