Qorvo, Inc. (QRVO) Financial Statements
Historical financial data — 43 statements covering FY2016–FY2026
Qorvo represents the combined entity of RF Micro Devices and TriQuint Semiconductor, which merged in January 2015. The company specializes in radio frequency filters, power amplifiers, and front-en...
Qorvo, Inc.'s revenue decreased 1.1% year over year, from $3.72B to $3.68B.
Net income increased 509.5% over the same period, from $55.6M to $339.0M.
Over the 10-year period from FY2016 to FY2026, revenue grew by 41% in total.
Total debt remained relatively stable at $1.55B.
The debt-to-equity ratio stands at 0.46, indicating a moderate leverage profile.
Operating cash flow grew 30.0% to $808.6M.
Qorvo, Inc. maintains a moderate net profit margin of 9.2%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q1 FY2025 | $886.7M-5.8% | $414.0K | $332.3M | $4.6M | $81.1M | $6.45B | $1.55B | $3.49B |
| Q2 FY2025 | $1.05B+18.0% | $-17.4M | $445.3M | $9.7M | $127.8M | $6.50B | $1.55B | $3.41B |
| Q3 FY2025 | $916.3M-12.4% | $41.3M | $391.4M | $53.0M | $214.1M | $5.96B | $1.55B | $3.38B |
| Q4 FY2025 | $869.5M-5.1% | $31.4M | $366.6M | $28.2M | $199.2M | $5.93B | $1.55B | $3.39B |
| Q1 FY2026 | $818.8M-5.8% | $25.6M | $331.8M | $30.1M | $182.9M | $6.00B | $1.55B | $3.44B |
| Q2 FY2026 | $1.06B+29.3% | $119.6M | $497.1M | $157.7M | $84.0M | $6.10B | $1.55B | $3.51B |
| Q3 FY2026 | $993.0M-6.2% | $164.1M | $464.2M | $192.1M | $265.4M | $6.16B | $1.55B | $3.70B |
| Q4 FY2026 | $808.3M-18.6% | $29.7M | $395.0M | $31.5M | $276.3M | $5.83B | $1.55B | $3.34B |
Balance Sheet Summary (Latest Period)
Qorvo, Inc. (QRVO) Financial Statements & Revenue History
Qorvo, Inc. (QRVO) is a US-listed stock operating in the Technology sector, specifically the Semiconductors & Related Devices industry trading at $117.70 with a market capitalization of $10. This page provides 43 historical financial statements for Qorvo, Inc., including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, Qorvo, Inc. reported revenue of $3.7 billion, a 1.1% decline from the prior year. The net profit margin of 9.2% indicates moderate profitability. The debt-to-equity ratio of 0.46 shows conservative leverage.
QRVO Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows Qorvo, Inc.'s revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether QRVO is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track QRVO's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently Qorvo, Inc. converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of QRVO's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use QRVO Financial Data
Investors use Qorvo, Inc.'s financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare QRVO's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how QRVO's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View QRVO's financial health score, earnings, and pre-market pricing.
Financial data is sourced from Qorvo, Inc.'s SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.QRVO trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.