Qorvo Inc. (QRVO)

NASDAQ: QRVO · Real-Time Price · USD

69.84

-1.83 (-2.55%)

At close: May 01, 2025, 3:59 PM

70.00

0.22%

Pre-market: May 02, 2025, 07:06 AM EDT

Qorvo Income Statement

Financials in USD. Fiscal year is May - April.

Fiscal Year	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021	Q4 2020	Q3 2020	Q2 2020	Q1 2020	Q4 2019	Q3 2019	Q2 2019	Q1 2019	Q4 2018	Q3 2018	Q2 2018	Q1 2018	Q4 2017	Q3 2017	Q2 2017	Q1 2017	Q4 2016	Q3 2016	Q2 2016	Q1 2016
Period Ending	Mar 29, 2025	Dec 28, 2024	Sep 28, 2024	Jun 29, 2024	Mar 30, 2024	Dec 30, 2023	Sep 30, 2023	Jul 1, 2023	Apr 1, 2023	Dec 31, 2022	Oct 1, 2022	Jul 2, 2022	Apr 2, 2022	Jan 1, 2022	Oct 2, 2021	Jul 3, 2021	Apr 3, 2021	Jan 2, 2021	Oct 3, 2020	Jun 27, 2020	Mar 28, 2020	Dec 28, 2019	Sep 28, 2019	Jun 29, 2019	Mar 30, 2019	Dec 29, 2018	Sep 29, 2018	Jun 30, 2018	Mar 31, 2018	Dec 30, 2017	Sep 30, 2017	Jul 1, 2017	Apr 1, 2017	Dec 31, 2016	Oct 1, 2016	Jul 2, 2016	Apr 2, 2016	Jan 2, 2016	Oct 3, 2015	Jun 27, 2015
Revenue	3.72B	3.79B	3.95B	4.01B	3.77B	3.46B	3.13B	3.19B	3.57B	4.1B	4.47B	4.57B	4.65B	4.55B	4.53B	4.34B	4.02B	3.73B	3.5B	3.25B	3.24B	3.13B	3.1B	3.17B	3.09B	3.07B	3.09B	3.03B	2.97B	2.95B	2.93B	2.97B	3.03B	3B	2.79B	2.64B	2.61B	2.64B	2.41B	2.07B
Cost of Revenue	2.16B	2.21B	2.37B	2.38B	2.25B	2.2B	1.99B	1.99B	2.23B	2.35B	2.44B	2.46B	2.36B	2.31B	2.3B	2.23B	2.13B	2.04B	1.98B	1.9B	1.92B	1.88B	1.87B	1.92B	1.9B	1.89B	1.91B	1.88B	1.83B	1.83B	1.83B	1.88B	1.9B	1.84B	1.71B	1.59B	1.56B	1.65B	1.47B	1.24B
Gross Profit	1.56B	1.58B	1.58B	1.62B	1.52B	1.26B	1.14B	1.19B	1.34B	1.75B	2.03B	2.12B	2.29B	2.24B	2.23B	2.1B	1.88B	1.69B	1.52B	1.35B	1.32B	1.25B	1.22B	1.25B	1.2B	1.18B	1.18B	1.15B	1.15B	1.13B	1.1B	1.1B	1.14B	1.16B	1.08B	1.05B	1.05B	984.24M	943.95M	826.56M
Operating Income	114.86M	178.75M	84.16M	225.91M	153.83M	-9.93M	-38.26M	-10.61M	48.6M	295.26M	645.84M	829.13M	1.12B	1.23B	1.25B	1.11B	906.63M	715.71M	569.58M	460.7M	423.22M	385.11M	313.2M	290.91M	216.47M	120.65M	119.81M	78.9M	70.28M	77.6M	58.66M	54.49M	88.06M	120.99M	46.4M	19.04M	11.97M	-99.05M	17.79M	82.41M
Interest Income	n/a	17.28M	17.28M	34.4M	51.66M	43.32M	60.39M	60.17M	42.91M	33.97M	16.9M	n/a	n/a	n/a	467K	1.74M	2.93M	6.88M	9.29M	10.31M	12.07M	11.29M	11.23M	10.52M	10.97M	10.77M	10.17M	9.64M	7.02M	4.55M	2.57M	1.7M	1.21M	1.39M	1.67M	1.95M	2.07M	1.57M	1.24M	767K
Pretax Income	65.9M	80.19M	-12.5M	124.52M	73.56M	-154.97M	-113.95M	-6.6M	124.63M	571.11M	857.1M	962.01M	1.18B	1.22B	1.16B	1.01B	807.38M	585.23M	544.9M	446.89M	395.09M	380.65M	268.35M	199.12M	91.79M	-2.08M	-7.53M	-4.72M	17.14M	23.54M	2.64M	-3.29M	27.3M	61.87M	-3.67M	-15.16M	-2.86M	-103.63M	20.8M	77.8M
Net Income	55.62M	26.98M	-141.22M	-26.33M	-70.32M	-211.47M	-100.47M	-9.31M	103.15M	453.84M	686.04M	816.61M	1.03B	1.12B	1.1B	922.32M	733.61M	485.26M	445.58M	391.71M	334.32M	345.45M	253.61M	202.66M	133.13M	59.11M	-43.49M	-39.66M	-40.29M	28.12M	-17.43M	-41.51M	-16.56M	-96.67M	-29.16M	-36.56M	-28.84M	1.84M	100.83M	159.69M
Selling & General & Admin	401.04M	398.41M	394.97M	390.9M	383.98M	378.99M	368.34M	362.4M	358.79M	359.76M	365.5M	361.23M	349.72M	343.91M	355.05M	370.93M	367.24M	374.23M	362.29M	341.19M	343.57M	333.49M	377.89M	429.12M	476.07M	523.94M	524.89M	524.25M	527.75M	537.59M	541.71M	541.42M	545.59M	539.93M	535.55M	531.97M	534.1M	552.05M	455.72M	357.66M
Research & Development	747.71M	747.66M	732.86M	706.76M	682.25M	666M	651.15M	644.36M	649.84M	644.95M	649.91M	640.13M	623.64M	612.18M	594.44M	592.4M	570.39M	550.14M	536.29M	495.56M	484.41M	470.23M	457.37M	458.5M	450.48M	448.43M	444.86M	439.51M	445.1M	449.98M	455.52M	470.2M	470.84M	462.43M	456.48M	448.69M	448.76M	456.97M	399.84M	330.12M
Other Expenses	187.31M	136.87M	83.32M	-38.29M	-16.15M	34.29M	52.51M	58.75M	48.04M	105.11M	87.17M	80.48M	94.26M	46.32M	-27.56M	-30.39M	-24.05M	-51.76M	53.49M	53.57M	32.27M	47.36M	-3.19M	-53.13M	-83.53M	-75.78M	-70.8M	-21.98M	6.41M	3M	-836K	-1.82M	-1.88M	-13.91M	-19.33M	-19.02M	-14.83M	-4.58M	3.01M	2.82M
Operating Expenses	1.35B	1.4B	1.49B	1.39B	1.36B	1.39B	1.22B	1.16B	1.16B	1.11B	1.1B	1.08B	1.06B	995.76M	982.23M	992.94M	976.94M	975.16M	951.65M	892.56M	898.55M	867.45M	909.61M	961.83M	978.72M	1.06B	1.06B	1.07B	1.08B	1.05B	1.04B	1.04B	1.05B	1.04B	1.03B	1.03B	1.04B	1.08B	926.16M	751.41M
Interest Expense	58.34M	75.63M	74.55M	69.08M	69.25M	51.96M	51.45M	51.23M	51.22M	68.61M	66.88M	65.3M	63.33M	61.34M	63.47M	71.63M	75.2M	78.72M	78.17M	67.38M	60.39M	51.82M	44.48M	41.47M	43.96M	49.77M	56.54M	61.63M	59.55M	57.06M	55.19M	55.96M	58.88M	59.65M	52.85M	37.95M	23.32M	9.43M	1.96M	1.3M
Selling & Marketing Expenses	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	-217.16M	-217.16M	-109.04M	n/a	320.17M	422.06M	419.86M	420.47M	426.11M	342.16M	255.41M
Cost & Expenses	3.6B	3.61B	3.86B	3.78B	3.62B	3.59B	3.21B	3.15B	3.39B	3.46B	3.54B	3.54B	3.42B	3.3B	3.28B	3.23B	3.11B	3.01B	2.94B	2.79B	2.82B	2.75B	2.78B	2.88B	2.87B	2.95B	2.97B	2.95B	2.9B	2.87B	2.87B	2.92B	2.94B	2.88B	2.75B	2.62B	2.6B	2.74B	2.4B	1.99B
Income Tax Expense	10.28M	53.2M	128.73M	150.85M	143.88M	177.7M	107.71M	123.91M	142.67M	117.27M	171.06M	145.4M	147.73M	100.59M	56.12M	86.68M	73.77M	99.97M	99.32M	55.19M	60.76M	35.2M	14.73M	-3.54M	-41.33M	-61.19M	35.96M	34.94M	57.43M	-4.58M	20.07M	38.21M	43.86M	158.54M	25.49M	21.4M	25.98M	-105.47M	-80.03M	-81.89M
Shares Outstanding (Basic)	93.25M	94.34M	94.89M	95.47M	96.55M	97.15M	97.94M	98.51M	99.19M	100.94M	102.06M	103.34M	106.3M	109.69M	111.03M	112.03M	112.56M	113.3M	114.11M	114.35M	114.63M	115.74M	116.29M	117.94M	119.06M	124.31M	125.05M	125.6M	126.32M	126.47M	127.14M	126.96M	126.46M	126.84M	127M	127.54M	127.39M	137.05M	140.98M	149.43M
Shares Outstanding (Diluted)	94.11M	95.03M	94.89M	96.51M	97.33M	97.15M	98.59M	98.51M	99.51M	100.94M	103.67M	106.08M	108.69M	110.81M	112.41M	113.87M	115.01M	115.69M	116.18M	116.75M	117.76M	118.45M	119.43M	121.12M	124.06M	126.84M	128.55M	126.2M	126.53M	127.03M	130.78M	127.22M	131M	126.85M	132.33M	127.82M	132.71M	139.34M	150.78M	154.46M
EPS (Basic)	0.60	0.29	-1.46	-0.28	-0.72	-2.15	-1	-0.15	0.96	4.36	6.49	7.51	9.39	10.04	9.84	8.17	6.47	4.26	3.88	3.39	2.88	2.96	2.13	1.68	1.10	0.48	-0.34	-0.32	-0.32	0.22	-0.14	-0.33	-0.13	-0.76	-0.22	-0.28	-0.23	0.01	0.68	1.08
EPS (Diluted)	0.58	0.28	-1.46	-0.29	-0.73	-2.15	-1	-0.17	0.92	4.26	6.37	7.39	9.25	9.90	9.69	8.03	6.35	4.18	3.80	3.32	2.82	2.89	2.08	1.63	1.06	0.46	-0.35	-0.33	-0.33	0.20	-0.16	-0.34	-0.14	-0.75	-0.21	-0.27	-0.22	0.01	0.68	1.08
EBITDA	363.3M	459.25M	370.53M	505.26M	459.33M	347.74M	393.57M	506.13M	642.06M	984.13M	1.28B	1.38B	1.61B	1.64B	1.61B	1.5B	1.34B	1.15B	1.1B	982.97M	924.34M	903.53M	852.39M	849.2M	798.87M	1.17B	1.17B	1.18B	1.06B	1.04B	1.01B	995.52M	1.03B	1.05B	852.3M	701.36M	695.4M	223.09M	304.48M	327.19M
EBIT	104.26M	155.81M	62.05M	193.6M	142.81M	96.01M	136.51M	243.65M	374.86M	639.73M	923.98M	1.03B	1.24B	1.28B	1.22B	1.08B	882.58M	663.95M	623.07M	514.27M	455.48M	432.47M	312.83M	240.59M	135.75M	47.68M	49.01M	56.91M	76.69M	80.6M	57.82M	52.67M	86.18M	121.52M	49.18M	22.8M	20.45M	-94.2M	22.76M	79.3M
Depreciation & Amortization	259.04M	304.92M	309.96M	239.09M	243.95M	249.33M	254.65M	334.14M	338.85M	344.4M	352.55M	357.25M	361.36M	357.55M	390.06M	423.82M	456.1M	488.81M	480.74M	468.78M	468.93M	471.13M	539.63M	741.92M	663.1M	1.12B	984.87M	714.84M	714.22M	684.17M	693.67M	701.05M	704.58M	690.91M	683.32M	678.57M	674.95M	317.29M	268.76M	241.73M