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Qorvo, Inc.

QRVO

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Financial Statements

Values in Millions ($)
2026-03-31
2025-12-31
2025-09-30
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
2023-06-30
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Assets
Assets Current
Cash And Cash Equivalents At Carrying Value
1,2191,3191,1031,1651,0217691,0961,0821,0291,072707744
Accounts Receivable Net Current
383488543328387428581425413484593308
Inventory Net
554530605638641656694727711727840917
Prepaid Expense Current
373534313338383041404949
Other Receivables Net Current
163217151111131514312819
Other Assets Current
9879746975781109979754649
Assets Current
2,3062,4832,3772,2462,1672,0972,5322,3782,4462,4282,2632,088
Assets Of Disposal Group Including Discontinued Op…
----011600159---
Property Plant And Equipment Net
7107557817948028218478678711,0391,0611,088
Goodwill
2,3532,3902,3902,3902,3902,4372,4382,5332,5352,5402,7082,761
Intangible Assets Net Excluding Goodwill
122197224252273332446474509500473507
Long Term Investments
161917222326252623252627
Other Assets Noncurrent
318320306293277250216170170166187216
Assets
5,8266,1646,0965,9985,9335,9636,5036,4476,5556,6996,7196,687
Liabilities And Stockhold…
Liabilities Current
Accounts Payable Current
243241285280261283322304253283275294
Accrued Liabilities Current
248225287252288268354300337327304264
Other Liabilities Current
2222102322662352272462001131909380
Liabilities Current
7136768057987838081,3341,2171,2301,280672639
Long Term Debt Current
----00412412439480--
Long Term Debt Noncurrent
-1,5491,5491,549-1,5491,5491,549-1,5502,0492,048
Long Term Debt
1,549---1,549---1,549---
Liabilities Of Disposal Group Including Discontinu…
----0290088---
Other Liabilities Noncurrent
219241232213208226210195219230181187
Liabilities
2,4812,4662,5862,5602,5412,5833,0932,9612,9983,0612,9012,874
Stockholders Equity
Preferred Stock Value
000000000000
Common Stocks Including Additional Paid In Capital
3,3013,4653,4313,4393,4313,4563,5163,5813,6513,7313,7963,816
Accumulated Other Comprehensive Income Loss Net Of…
4656-5-101-6-50-14-4
Retained Earnings Accumulated Deficit
3922773-8-34-65-107-89-90-92350
Stockholders Equity
3,3443,6983,5103,4373,3923,3803,4103,4863,5563,6383,8173,812
Liabilities And Stockholders Equity
5,8266,1646,0965,9985,9335,9636,5036,4476,5556,6996,7196,687
Accounts Receivable Allowance For Credit Loss Tabl…
0---0-------
Preferred Stock Par Or Stated Value Per Share
000000000000
Preferred Stock Shares Authorized
555555555555
Preferred Stock Shares Issued
000000000000
Preferred Stock Shares Outstanding
000000000000
Common Stock Par Or Stated Value Per Share
000000000000
Common Stock Shares Authorized
405405405405405405405405405405405405
Common Stock Shares Issued
889393939394959596979898
Shares Outstanding
889393939394959596979898
Allowance For Doubtful Accounts Receivable Current
-00000000000
Accumulated Depreciation Depletion And Amortizatio…
-1,9181,9071,880-1,8071,7721,735-2,0181,9761,934

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Earnings Market Reaction

Fiscal Year
Q1 1 Month
Q1 2 Month
Q1 3 Month
Q2 1 Month
Q2 2 Month
Q2 3 Month
Q3 1 Month
Q3 2 Month
Q3 3 Month
Q4 1 Month
Q4 2 Month
Q4 3 Month
20267.46%6.14%6.51%-8.22%-7.97%-13.54%6.56%1.27%6.12%14.39%3.70%-4.44%
2025-3.57%-14.64%-12.77%-5.19%-3.00%15.29%-11.58%-16.54%-33.01%0.76%11.94%11.76%
2024-4.07%-11.06%-14.97%9.25%31.73%23.49%6.67%8.16%-0.82%13.88%24.44%7.62%
2023---------3.49%5.46%12.46%

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Performance and Valuation Metrics

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Metrics
2026-03-31
2025-12-31
2025-09-30
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
2023-06-30
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Liquidity Ratios
Current Ratio
3.24
3.67
2.95
2.81
2.77
2.60
1.90
1.95
1.99
1.90
3.37
3.27
Quick Ratio
2.41
2.84
2.16
1.98
1.91
1.74
1.35
1.33
1.38
1.30
2.04
1.75
Working Capital
1.59B
1.81B
1.57B
1.45B
1.38B
1.29B
1.20B
1.16B
1.22B
1.15B
1.59B
1.45B
Leverage & Debt
Debt to Equity
0.74
0.67
0.74
0.74
0.75
0.76
0.91
0.85
0.84
0.84
0.76
0.75
Interest Coverage TTM
5.63
5.42
3.54
1.51
1.22
1.29
0.04
2.09
1.32
-1.84
-1.12
0.48
Debt Ratio
0.43
0.40
0.42
0.43
0.43
0.43
0.48
0.46
0.46
0.46
0.43
0.43
Efficiency & Turnover
Asset Turnover TTM
0.63
0.62
0.58
0.59
0.60
0.60
0.60
0.61
0.57
0.50
0.44
0.45
Days Sales Outstanding TTM
38.16
44.68
56.02
37.64
39.24
43.89
54.26
33.38
34.74
44.89
72.16
48.32
Receivables Turnover TTM
9.56
8.17
6.52
9.70
9.30
8.32
6.73
10.93
10.51
8.13
5.06
7.55
Per Share Metrics
Diluted EPS TTM
3.62
3.64
2.32
0.86
0.58
0.28
-1.49
-0.27
-0.72
-2.18
-1.02
-0.09
Free Cash Flow Per Share TTM
7.34
6.43
5.76
6.32
5.12
5.13
8.16
7.79
7.24
5.84
3.11
4.67
Dividend Per Share TTM
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Margin Metrics
Gross Profit Margin TTM
45.89%
44.38%
43.32%
42.04%
41.29%
40.92%
39.19%
39.74%
39.49%
35.29%
35.19%
36.13%
Operating Profit Margin TTM
11.18%
10.91%
7.34%
3.31%
2.57%
2.57%
0.07%
3.61%
2.43%
-3.68%
-2.46%
1.04%
Net Profit Margin TTM
9.22%
9.11%
5.95%
2.21%
1.50%
0.71%
-3.58%
-0.66%
-1.87%
-6.11%
-3.21%
-0.29%
Growth Metrics
Net Revenue Growth (1Y)
-1.09%
-1.34%
-7.22%
-8.84%
-1.34%
9.51%
26.11%
25.74%
5.61%
-15.64%
-30.02%
-30.31%
Net Income Growth (1Y)
509.53%
1,162.27%
-254.25%
-406.88%
-179.09%
-112.76%
40.57%
182.73%
-168.17%
-146.60%
-114.64%
-101.14%
EPS Growth (1Y)
522.65%
1,186.20%
-257.71%
-415.31%
-181.57%
-113.14%
45.10%
191.74%
-171.42%
-148.41%
-115.39%
-101.22%
Valuation Metrics
P/E TTM
21.14
22.97
38.80
97.65
123.15
244.48
-69.41
-420.77
-159.30
-51.73
-93.07
-1,079.35
P/B TTM
2.14
2.12
2.41
2.30
2.02
1.95
2.87
3.18
3.15
3.01
2.45
2.64
P/S TTM
1.95
2.09
2.31
2.16
1.84
1.74
2.48
2.77
2.97
3.16
2.99
3.16
Market Cap
7.17B
7.82B
8.45B
7.89B
6.85B
6.60B
9.80B
11.08B
11.20B
10.94B
9.35B
10.05B
Enterprise Value
7.50B
8.06B
8.90B
8.27B
7.38B
7.38B
10.67B
11.96B
11.70B
11.88B
10.69B
11.35B
Calculated Values
Free Cash Flow TTM
679.56M
595.20M
534.51M
587.15M
484.60M
483.56M
773.82M
743.39M
705.96M
567.67M
304.13M
460.14M
Net Debt
330.14M
230.66M
445.90M
383.72M
528.04M
779.80M
864.97M
878.70M
500.01M
938.42M
1.34B
1.30B
Per-Share and Margin
EPS TTM
Adjusted EPS TTM
Cash Flow Per Share TTM
Pretax Margin TTM
Stock Comp to Revenue TTM
Turnover Ratios and Averages
Average Assets
Average Equity
Average Inventory
Average Receivables
Average Accounts Payables
Inventory Turnover TTM
Payables Turnover TTM
Days Inventory Outstanding TTM
Days Payables Outstanding TTM
Cash Conversion Cycle TTM
Working Capital to Revenue
Deferred Revenue to Revenue
Growth Rates
Total Assets Growth (1Y)
Total Assets Growth (3Y)
Total Assets Growth (5Y)
Dividends Paid Growth (1Y)
Dividends Paid Growth (3Y)
Dividends Paid Growth (5Y)
EPS Growth (3Y)
EPS Growth (5Y)
Net Income Growth (3Y)
Net Income Growth (5Y)
Net Profit Margin Growth (1Y)
Net Profit Margin Growth (3Y)
Net Profit Margin Growth (5Y)
Net Revenue Growth (3Y)
Net Revenue Growth (5Y)
Deferred Revenue Growth (1Y)
Retained Earnings Growth (1Y)
Credit, Liquidity, Returns, Payout
Cash Ratio
Net Working Capital
Debt to EBITDA TTM
Net Debt to EBITDA TTM
Net Debt to Equity
Altman A
Altman B
Altman C
Altman D
Altman E
Altman Z-Score
ROA TTM
ROE TTM
NOPAT TTM
ROIC TTM
Effective Tax Rate TTM
Payout Ratio TTM
Dilution Ratio
Retained Earnings to Equity
Treasury Stock to Equity
Treasury Stock Change (1Y)
Accrued to Current Liabilities
NCAV
NCAV Per Share TTM
Valuation Ratios
P/CF TTM
PEG Ratio
Dividend Yield TTM
Free Cash Flow Yield TTM
EV EBITDA TTM
EV EBIT TTM
EV Revenue TTM
EV FCF TTM
Stock Compensation TTM
Adjusted Net Income TTM
Billings TTM
Total Debt
Invested Capital

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Insider Transactions

2026-06-02Sale
Owner: Feld, Peter A
Title: -
Shares: 1,900,000
Price/Share: $101.83
Value: $193,477,000.00
Shares Owned: 5,611,526
Relationship: Director
Ownership: Indirect
2026-06-01Sale
Owner: Bruggeworth, Robert A
Title: President and CEO
Shares: 57,957
Price/Share: $100.98
Value: $5,852,497.86
Shares Owned: 319,880
Relationship: Director,Officer
Ownership: Direct
2026-05-22Sale
Owner: Harrison, Gina
Title: VP and Corporate Controller
Shares: 4,714
Price/Share: $100.00
Value: $471,400.00
Shares Owned: 24,429
Relationship: Officer
Ownership: Direct
2026-05-22Sale
Owner: Fego, Paul J
Title: SVP, Global Operations
Shares: 2,500
Price/Share: $100.00
Value: $250,000.00
Shares Owned: 71,038
Relationship: Officer
Ownership: Direct
2026-05-19Sale
Owner: Harrison, Gina
Title: VP and Corporate Controller
Shares: 956
Price/Share: $95.00
Value: $90,820.00
Shares Owned: 29,143
Relationship: Officer
Ownership: Direct

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Institutional Ownership

No data available for chart
2026-03-31
86.06%
Inst. Shares: 79,687,313
Shares Outstanding: 92,592,000
2025-12-31
84.40%
Inst. Shares: 78,146,294
Shares Outstanding: 92,586,000
2025-09-30
86.25%
Inst. Shares: 80,043,563
Shares Outstanding: 92,803,000
2025-06-30
93.54%
Inst. Shares: 86,912,920
Shares Outstanding: 92,915,000
2025-03-31
91.18%
Inst. Shares: 86,239,844
Shares Outstanding: 94,586,000

Qorvo, Inc. (QRVO) — SEC Financial Statements & Analysis

Qorvo, Inc. (QRVO) is a semiconductors & related devices company, incorporated in DE. Qorvo, Inc. trades on Nasdaq as: QRVO. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), Qorvo, Inc. reported a -1.09% year-over-year revenue growth, a Gross Profit Margin of 45.89% (TTM), a Debt-to-Equity ratio of 0.74x, a Price-to-Sales (P/S) ratio of 1.95x (TTM), a Price-to-Book (P/B) ratio of 2.14x (TTM), at a market cap of $7.17B. Figures below are sourced from SEC EDGAR, as-filed.

Net Revenue TTM Growth 1Y
-1.09%
Gross Profit Margin TTM
45.89%
Debt To Equity
0.74x
P/S TTM
1.95x
P/B TTM
2.14x
Market Cap
$7.17B

Data as of 2026-03-31 · Source: SEC EDGAR

Frequently Asked Questions

What industry is Qorvo, Inc. in?

Qorvo, Inc. (QRVO) operates in the Semiconductors & Related Devices industry.

What is QRVO's market cap?

Qorvo, Inc. (QRVO) has a market capitalization of $7.17B as of 2026-03-31.

What is QRVO's P/E ratio?

Qorvo, Inc. (QRVO)'s trailing twelve month P/E ratio is 21.14x as of 2026-03-31.

What exchange does QRVO trade on?

Qorvo, Inc. (QRVO) trades on the Nasdaq.

Where is Qorvo, Inc. incorporated?

Qorvo, Inc. is incorporated in DE.

Wall Street's data.
Main Street's price.