Stocktoria
Qorvo, Inc. QRVO
Qorvo, Inc. financials (annual)
Bars are annual figures from 2017 to 2026; red bars are negative (a loss or cash outflow).
| Metric | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.7B | $3.7B | $3.8B | $3.6B | $4.6B | $4.0B | $3.2B | $3.1B | $3.0B | $3.0B |
| Gross profit | $1.7B | $1.5B | $1.5B | $1.3B | $2.3B | $1.9B | $1.3B | $1.2B | $1.1B | $1.1B |
| R&D expense | $726.1M | $747.7M | $682.2M | $649.8M | $623.6M | $570.4M | $484.4M | $450.5M | $445.1M | $470.8M |
| SG&A expense | — | — | $389.1M | $358.8M | $349.7M | $367.2M | $343.6M | $476.1M | $527.8M | $545.6M |
| Operating income | $411.4M | $95.5M | $91.7M | $183.2M | $1.2B | $906.6M | $423.2M | $216.5M | $70.3M | $88.1M |
| Interest expense | $73.1M | $78.3M | $69.2M | $68.5M | $63.3M | $75.2M | $60.4M | $44.0M | $59.5M | $58.9M |
| Income tax | $59.3M | $10.3M | $143.9M | $21.5M | $147.7M | $73.8M | $60.8M | -$41.3M | $57.4M | $43.9M |
| Net income | $339.0M | $55.6M | -$70.3M | $103.2M | $1.0B | $733.6M | $334.3M | $133.1M | -$40.3M | -$16.6M |
| EPS (diluted) | $3.62 | $0.58 | $-0.72 | $1.00 | $9.26 | $6.32 | $2.80 | $1.05 | $-0.32 | $-0.13 |
| Operating cash flow | $808.6M | $622.2M | $833.2M | $843.2M | $1.0B | $1.3B | $945.6M | $810.4M | $852.5M | $776.8M |
| Free cash flow | $679.6M | $484.6M | $706.0M | $684.3M | $835.8M | $1.1B | $781.5M | $589.4M | $582.7M | $224.1M |
| Cash & equivalents | $1.2B | $1.0B | $1.0B | $808.8M | $972.6M | $1.4B | $714.9M | $711.0M | $926.0M | $545.5M |
| Inventory | $553.7M | $641.0M | $710.6M | $796.6M | $755.7M | $507.8M | $517.2M | $511.8M | $472.3M | $430.5M |
| Total assets | $5.8B | $5.9B | $6.6B | $6.7B | $7.5B | $7.2B | $6.6B | $5.8B | $6.4B | $6.5B |
| Total liabilities | $2.5B | $2.5B | $3.0B | $2.8B | $3.0B | $2.6B | $2.3B | $1.4B | $1.6B | $1.6B |
| Shareholders' equity | $3.3B | $3.4B | $3.6B | $3.9B | $4.6B | $4.6B | $4.3B | $4.4B | $4.8B | $4.9B |
Growth · year-over-year · Revenue CAGR 2.2%
| Metric | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth | -1.1% | -1.3% | +5.6% | -23.2% | +15.7% | +24.0% | +4.8% | +3.9% | -1.9% | +16.2% |
| Net income growth | +509.5% | — | -168.2% | -90.0% | +40.9% | +119.4% | +151.1% | — | — | — |
| EPS growth | +524.1% | — | -172.0% | -89.2% | +46.5% | +125.7% | +166.7% | — | — | — |
| Free cash flow growth | +40.2% | -31.4% | +3.2% | -18.1% | -25.0% | +42.7% | +32.6% | +1.2% | +160.0% | -39.8% |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · US · as of 2026-03-28. Facts plus Stocktoria's own computed scores — not investment advice.