QRVO
Qorvo, Inc.
Price as of Jul 20, 2026
QRVO earnings
Qorvo, Inc. earnings
Reported EPS and revenue history, upcoming estimates and available earnings-call summaries.
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 5, 2026 | $1.21 | $1.69 | +39.7% | $808M | +0.9% |
| Jan 27, 2026 | $1.87 | $2.17 | +16.0% | $993M | +23.9% |
| Oct 28, 2025 | $2.03 | $2.22 | +9.4% | $1.1B | +7.7% |
| Jul 29, 2025 | $0.62 | $0.92 | +48.4% | $819M | -15.0% |
| Jan 28, 2025 | $1.21 | $1.61 | +33.1% | $916M | +7.7% |
| May 1, 2024 | $1.21 | $1.39 | +14.9% | $941M | +1.6% |
| Jan 31, 2024 | $1.65 | $2.10 | +27.3% | $1.1B | +7.0% |
| Nov 1, 2023 | $1.77 | $2.39 | +35.0% | $1.1B | +10.2% |
| Aug 2, 2023 | $0.15 | $0.34 | +126.7% | $651M | +1.8% |
| May 3, 2023 | $0.12 | $0.26 | +116.7% | $633M | +1.8% |
| Feb 1, 2023 | $0.64 | $0.75 | +17.2% | $743M | +2.4% |
| Nov 2, 2022 | $2.55 | $2.66 | +4.3% | $1.2B | +2.4% |
Earnings call summary
Q3 FY2026 · January 27, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
- Restructuring actions: Closed Costa Rica facility, transferred SAW filter production to Greensboro and Richardson on track. - ACG: Revenue trends, customer relationships, product portfolio details. - CSG: Ultra-wideband progress in automotive, divestment impact. - HPA: Market tailwinds, DNA and power management growth.
Guidance
- Fiscal Q4 guidance: Revenue ~$800M plus or minus $25M, non-GAAP gross margin 48-49%, non-GAAP diluted EPS ~$1.20 plus or minus 15¢. - FY2027 outlook: mid-single-digit revenue decline, gross margin above 50%, EPS approaching $7 per share.
Segment performance
**ACG**: December quarterly revenue declined sequentially; at largest customer, content gains on ramping platform led to double-digit revenue growth vs Dec 2025; ET PMICs受益于内部调制解调器采用增加；ultra-high band pad revenue declined y/y, but secured high band pad in largest customers' cellular-enabled iPads. **CSG**: Broad in Wi-Fi applications, expanding in automotive, etc. with ultra-wideband; divested MEMS-based Sensing Solutions business, which was a headwind to CSG growth. **HPA**: Growing in defense, aerospace, satellite comms, etc.; DNA markets expected to total ~$500M in FY2027; power management strong for enterprise SSDs with strong customer demand.
Risks & headwinds
- Uncertainties related to tax policy changes in US and internationally. - Memory pricing and availability impacting mass-tier Android build plans.
Analyst Q&A
Q: Talk about content roadmap for ACG.
A: Can't comment on future generations/architectures but there's opportunity to grow footprint, with multi-sourcing more sockets.
Q: Clarification on Android down more than seasonal.
A: Android typically up in March, but strategic exit from lower margin business leads to down quarter over quarter.
Q: Android business exit acceleration.
A: Due to strategic exit from lower margin Android and memory pricing/availability impacting customer build plans.
Q: Margin profile in FY2027.
A: Driven by business mix (HPA growth) and product mix within segments.
Q: Content on Apple and FY2027 revenue flat.
A: Can't comment on customer volumes, but guide based on known info.
Q: Q4 revenue decrease cause.
A: Vast majority Android related, some from divestitures.
Q: Integrated modules prospects.
A: Dual sourcing helps in some areas, underlying assumptions reflected in outlook.
Q: Android sales decline impact and memory effect.
A: Decline from strategic Android resizing and memory pricing/availability pressuring mass tier.
Q: Inventory at customers.
A: No abnormal inventory, just customer build plan adjustments.
Q: Ultra-high band share and ET content.
A: Lost share in ultra-high band but secured high band pad, ET has tailwind but overall revenue guide reflects expectations.
Q: Underutilization charges and utilization.
A: No specific underutilization charges, ops team managing costs to support gross margin improvements
Earnings history is derived from company filings and calendar data. Call summaries are grouped by reporting period. Latest covered event: 2026-07-28.