Qorvo, Inc. (QRVO)
NASDAQ: QRVO · Real-Time Price · USD
82.90
+0.44 (0.53%)
Feb 27, 2026, 4:00 PM EST - 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 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2016 |
|---|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 27, 2025 | Mar '25 Mar 29, 2025 | Mar '24 Mar 30, 2024 | Apr '23 Apr 1, 2023 | Apr '22 Apr 2, 2022 | Apr '21 Apr 3, 2021 | 2020 - 2016 |
| Revenue | 3,740 | 3,719 | 3,770 | 3,569 | 4,646 | 4,015 | Upgrade
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| Revenue Growth (YoY) | -1.34% | -1.34% | 5.61% | -23.17% | 15.70% | 23.96% | Upgrade
|
| Cost of Revenue | 2,069 | 2,156 | 2,259 | 2,226 | 2,356 | 2,132 | Upgrade
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| Gross Profit | 1,671 | 1,563 | 1,511 | 1,344 | 2,290 | 1,884 | Upgrade
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| Selling, General & Admin | 387.23 | 403.62 | 389.14 | 358.79 | 349.72 | 367.24 | Upgrade
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| Research & Development | 735.67 | 747.71 | 682.25 | 649.84 | 623.64 | 570.4 | Upgrade
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| Other Operating Expenses | 49.06 | 35.86 | 33.56 | 25.24 | 14.35 | 12.01 | Upgrade
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| Operating Expenses | 1,172 | 1,187 | 1,105 | 1,034 | 987.7 | 949.64 | Upgrade
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| Operating Income | 499.1 | 376.13 | 405.95 | 309.67 | 1,302 | 933.93 | Upgrade
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| Interest Expense | -75.28 | -78.33 | -69.25 | -68.46 | -63.33 | -75.2 | Upgrade
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| Interest & Investment Income | 41.2 | 47.1 | 38.3 | 21.1 | 2.7 | - | Upgrade
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| Earnings From Equity Investments | 15.3 | - | - | - | 12 | 21.5 | Upgrade
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| Currency Exchange Gain (Loss) | -0.3 | -0.3 | 0.4 | - | - | - | Upgrade
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| Other Non Operating Income (Expenses) | 2.15 | 1.3 | 10.6 | -11.18 | 3.64 | -45.55 | Upgrade
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| EBT Excluding Unusual Items | 482.17 | 345.9 | 386.01 | 251.13 | 1,257 | 834.68 | Upgrade
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| Merger & Restructuring Charges | -204.03 | -280.6 | -92.8 | -114.09 | -28 | -27.3 | Upgrade
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| Impairment of Goodwill | 113.07 | - | -221.41 | -12.41 | -48 | - | Upgrade
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| Gain (Loss) on Sale of Assets | - | - | -0.04 | - | - | - | Upgrade
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| Other Unusual Items | 0.6 | 0.6 | 1.8 | - | - | - | Upgrade
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| Pretax Income | 391.81 | 65.9 | 73.56 | 124.63 | 1,181 | 807.38 | Upgrade
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| Income Tax Expense | 51.18 | 10.28 | 143.88 | 21.48 | 147.73 | 73.77 | Upgrade
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| Net Income | 340.62 | 55.62 | -70.32 | 103.15 | 1,033 | 733.61 | Upgrade
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| Net Income to Common | 340.62 | 55.62 | -70.32 | 103.15 | 1,033 | 733.61 | Upgrade
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| Net Income Growth | 1162.27% | - | - | -90.02% | 40.86% | 119.43% | Upgrade
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| Shares Outstanding (Basic) | 93 | 95 | 98 | 102 | 110 | 114 | Upgrade
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| Shares Outstanding (Diluted) | 94 | 95 | 98 | 103 | 112 | 116 | Upgrade
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| Shares Change (YoY) | -2.15% | -2.16% | -5.30% | -7.64% | -3.85% | -2.75% | Upgrade
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| EPS (Basic) | 3.66 | 0.59 | -0.72 | 1.01 | 9.38 | 6.43 | Upgrade
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| EPS (Diluted) | 3.63 | 0.58 | -0.72 | 1.00 | 9.26 | 6.32 | Upgrade
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| EPS Growth | 1183.49% | - | - | -89.20% | 46.52% | 125.71% | Upgrade
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| Free Cash Flow | 595.2 | 484.6 | 705.96 | 684.28 | 835.78 | 1,115 | Upgrade
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| Free Cash Flow Per Share | 6.34 | 5.08 | 7.24 | 6.64 | 7.49 | 9.61 | Upgrade
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| Gross Margin | 44.68% | 42.04% | 40.08% | 37.64% | 49.29% | 46.91% | Upgrade
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| Operating Margin | 13.35% | 10.11% | 10.77% | 8.68% | 28.03% | 23.26% | Upgrade
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| Profit Margin | 9.11% | 1.49% | -1.87% | 2.89% | 22.24% | 18.27% | Upgrade
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| Free Cash Flow Margin | 15.92% | 13.03% | 18.73% | 19.17% | 17.99% | 27.77% | Upgrade
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| EBITDA | 769.56 | 672.97 | 726.88 | 648.52 | 1,663 | 1,390 | Upgrade
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| EBITDA Margin | 20.58% | 18.10% | 19.28% | 18.17% | 35.81% | 34.62% | Upgrade
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| D&A For EBITDA | 270.46 | 296.84 | 320.93 | 338.85 | 361.42 | 456.1 | Upgrade
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| EBIT | 499.1 | 376.13 | 405.95 | 309.67 | 1,302 | 933.93 | Upgrade
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| EBIT Margin | 13.35% | 10.11% | 10.77% | 8.68% | 28.03% | 23.26% | Upgrade
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| Effective Tax Rate | 13.06% | 15.61% | 195.60% | 17.23% | 12.51% | 9.14% | Upgrade
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Source: S&P Capital IQ. Standard template. Financial Sources.