QRVO
Qorvo, Inc.
NASDAQ · Technology · Semiconductors · US
$102.84
+2.45%Income statement
| Metric | TTM | 2026 | 2025 | 2024 | 2023 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 3.6B | 3.7B | 3.7B | 3.8B | 3.6B |
| Cost of Revenue | 1.9B | 2.0B | 2.2B | 2.3B | 2.3B |
| Gross Profit | 1.8B | 1.7B | 1.5B | 1.5B | 1.3B |
| Operating Expenses | |||||
| R&D Expense | 719.3M | 726.1M | 747.7M | 682.2M | 649.8M |
| SG&A Expense | 362.9M | 380.7M | 403.6M | 389.1M | 358.8M |
| General & Admin Expense | 155.5M | 165.2M | 171.7M | 171.9M | 148.1M |
| Selling & Marketing Expense | 207.4M | 215.5M | 231.9M | 217.3M | 210.7M |
| Other Expenses | 196.9M | 169.9M | 288.7M | 325.4M | 105.1M |
| Total Operating Expenses | 1.3B | 1.3B | 1.4B | 1.4B | 1.1B |
| Cost and Expenses | 3.2B | 3.3B | 3.6B | 3.7B | 3.4B |
| Operating Income (EBIT) | 478.1M | 411.4M | 95.5M | 91.7M | 183.2M |
| Non-Operating | |||||
| Interest Income | 10.4M | — | — | — | — |
| Interest Expense | 70.2M | 73.1M | 78.3M | 69.2M | 68.5M |
| Net Interest Income | (59.8M) | (73.1M) | (78.3M) | (69.2M) | (68.5M) |
| Other Non-Op Income/Expense | (11.0M) | (13.2M) | (29.6M) | (18.1M) | (58.5M) |
| Non-Operating Income (excl Interest) | (59.2M) | (60.0M) | (48.7M) | (51.1M) | (9.9M) |
| EBT (Pre-Tax Income) | 467.1M | 398.3M | 65.9M | 73.6M | 124.6M |
| Income Tax Expense | 67.9M | 59.3M | 10.3M | 143.9M | 21.5M |
| Bottom Line | |||||
| Net Income | 399.2M | 339.0M | 55.6M | (70.3M) | 103.2M |
| Earnings from Cont. Ops | 399.2M | 339.0M | 55.6M | (70.3M) | 103.2M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 399.2M | 339.0M | 55.6M | (70.3M) | 103.2M |
| Per Share | |||||
| Basic EPS | $4.35 | $3.66 | $0.59 | ($0.72) | $1.01 |
| Diluted EPS | $4.31 | $3.62 | $0.58 | ($0.72) | $1.00 |
| Revenue Per Share | $41.40 | $39.73 | $39.32 | $38.64 | $34.92 |
| Shares | |||||
| Basic Shares Outstanding | 88.0M | 92.6M | 94.6M | 97.6M | 102.2M |
| Diluted Shares Outstanding | 89.4M | 93.5M | 95.5M | 97.6M | 103.0M |
| Profitability Metrics | |||||
| EBITDA | 778.6M | 730.1M | 441.1M | 463.7M | 531.9M |
| D&A | 241.3M | 258.6M | 296.8M | 320.9M | 338.8M |
| EBIT | 537.3M | 471.4M | 144.2M | 142.8M | 193.1M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026