Financials in USD. Standardized financial statements.
A compact view of how Qorvo, Inc. turns revenue into operating income and net income.
| Metric | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $3.68B | $3.72B | $3.77B | $3.57B | $4.65B | $4.02B | $3.24B | $3.09B | $2.97B | $3.03B |
| Revenue Growth? | -1.1% | -1.3% | +5.6% | -23.2% | +15.7% | +24.0% | +4.8% | +3.9% | -1.9% | 0.0% |
| Cost of Revenue? | $1.99B | $2.18B | $2.28B | $2.27B | $2.36B | $2.13B | $1.92B | $1.90B | $1.83B | $1.90B |
| Gross Profit? | $1.69B | $1.54B | $1.49B | $1.30B | $2.29B | $1.88B | $1.32B | $1.20B | $1.15B | $1.14B |
| Gross Margin? | +45.9% | +41.3% | +39.5% | +36.3% | +49.2% | +46.9% | +40.8% | +38.7% | +38.6% | +37.4% |
| Operating Expenses? | $1.28B | $1.44B | $1.40B | $1.11B | $1.06B | $976.94M | $898.55M | $978.72M | $1.08B | $1.05B |
| Operating Income? | $411.42M | $95.53M | $91.70M | $183.17M | $1.23B | $906.63M | $423.22M | $216.47M | -$637.52M | $88.06M |
| EBITDA? | $411.42M | $441.06M | $463.74M | $531.94M | $1.61B | $1.34B | $924.41M | $798.85M | $790.91M | $790.76M |
| Income Before Tax | $398.27M | $65.90M | $73.56M | $124.63M | $1.18B | $807.38M | $395.09M | $91.79M | $17.14M | $27.30M |
| Income Tax Expense | $59.28M | $10.28M | $143.88M | $21.48M | $147.73M | $73.77M | $60.76M | -$41.33M | $57.43M | $43.86M |
| Net Income? | $338.99M | $55.62M | -$70.32M | $103.15M | $1.03B | $733.61M | $334.32M | $133.13M | -$40.29M | -$16.56M |
| EPS? | $3.66 | $0.59 | $-0.72 | $1.01 | $9.38 | $6.43 | $2.86 | $1.07 | $-0.32 | $-0.13 |
| Diluted EPS? | $3.62 | $0.58 | $-0.72 | $1.00 | $9.26 | $6.32 | $2.80 | $1.05 | $-0.32 | $-0.13 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality